RE: US10 Sep 2025 23:40
Courtesy of chatgpt:
What Is a Fair Valuation for 80 M?
Given this:
Base Case: Even a conservative valuation should at least reflect the $92 million intrinsic value of the Jameson stake. With ~4.33 billion shares outstanding, that equates to roughly US $0.021–0.022 per share (about £0.017–0.018) - that's 1.7p-1.8p.
Potential Upside: Should the market begin to value other projects (Disko, hydrogen ventures, etc.) or apply any premium, a fair valuation per share could move higher.
Valuation Disconnect: Market cap remains £30m at close of trading, versus the standalone asset value—indicating ~50–60% undervaluation, BEFORE considering other assets or growth potential.
Bottom Line
A fair valuation for 80 Mile PLC should begin with the US $92 million valuation of its Jameson interest—already triple its current market cap. Factoring in its wider asset base (Disko, hydrogen, metals), a fair valuation closer to US $100–150 million (i.e., around £80–120 million) may be justifiable, depending on investor optimism and drilling outcomes.
Let me know if you'd like to break this down per-share or compare against similar exploration companies!