Member Info for quindell

£1m in cash, can't see any fundraisings needs

Sneaky seller makimg their sell look like someone who had boiught earlier in the day - dont think same buyer sold that, just sneaky seller!!

You guys need to remember this isn’t about the NPV at all!
It’s about a project in a politically stable area - a £1 billion NPV project in North Korea isn’t worth much now is it....
It’s the fact it’s a stable asset, safe jurisdiction, near smelters and infrastructure, and should have a NPV of around $220m as a resource.
All imo of course

To be able to buy at 0.15p - insanity!
WTF is going on

10m buys (Inc 6.5m at 0.154) & 7m sells - not too shabby

Technically he is right - 0.06 is 6p, but we usually talk in terms of fractions of a penny, so should be 0.0006 technically speaking but to us lot by 0.06 we mean 0.06p

I have to agree with bobby - it’s all about the big picture but there is more to the SS, it should be SS SS - scoping study stepping stone.

First big step in a reall money spinner for everyone.

Are actively sniffing in the region - and they have deep pockets!

"Given that our Sasa integration process is now largely complete, we are once again actively looking for additional growth opportunities,"

CEO of Central Asian Metals said this 2 days ago - they are the guys that took out the Macedonian project for over $400m.

On our side with the 6,666,666

Resource to indicated would be a complete game changer, no doubt

*1.2p/lb of ZnEQ

I am referring to the value of EUZ now!
Huge disconnect based on current resource as it stands (not considering any increase after extension drilling)
This is just the current resource value IMO - not considering its value after mine is built etc.

Looked at a number of TSX & ASX listed companies just to clarify the 1.2p/ ZnEQ figure

From my research peers are valued at 1.2p per pound ZnEQ.

Based on our current resource we should have a MCAP of over £34million - giving us a SP of over 0.6p

Now you can see where value is.......

You aren't telling porkies are you - swearingnige?

10m is almost certainly a sell - larger trade is a buy though

All on NEX - should be some delayed buys as well

Its just the placing flippers selling in 5m, 10m, and some more unusual numbers as well to confuse!

Regardless this is just the start - with the extension drilling we will go above 20 MT for sure, we have the SS to look forward to, high grade drilling to take to indicated, met work, busy few months ahead for us all.
This is a mine worthy project - very few on AIM!

No doubt it will bounce back as it has done over the past few weeks.

NPV of $230-$250m for an asset in a very mineable area is not to be sniffed at - its the value of the project today in essence.
Free cash flow will far exceed this of course - if and when it is mined.

Thats a fair point Bobby - usually does go down thats true.... but its building a stronger and stronger base with news flow and no doubt 0.2p will be breached in the short term.

SS may be pushed back because of this resource upgrade though