Member Info for Rebs438

6.62 to buy - i'll wait

Seems to be plenty stock down at this level?

Slowly creeping up. MMs should know this deserves a higher rating?

Meanwhile - 54 paid

Turning blue

Building a local base/support at 0.5.

Should resume north in the next day or two.

Surprised it retraced this much tbf - but it's given me a chance to top up and lower my avg.

Yes sure mikee (yawn)

CRAZY PRICE DOWN HERE

21m mcap.

30% of Jameson = £69m

Huge disconnect now

MMs stealing from weak hands - this will turn - very soon

Free carry on next two drills.

Cashed up.

No placing.

Now kindly eff off

That said, in the case of 80 Mile (80M), the former Bluejay Mining, the name change a year ago seems to finally have kicked in positively. What has also helped has been the revelation that its 30% of the Jameson project in Greenland that will be retained at a valuation of c. $92 million of which 80M has a free carry in two 3500 metre holes. 80M said “estimates suggesting up to 40 billion barrels of oil equivalent across the concession.”

All of this compares to the current £23m market cap of the company, so the recent re-rate should have legs.

From Zak Sharetalk (who highlighted IMM at 2p and is now at 14p)

I agree panman - i think we're on the same page i.e. RachT2 can't read.

Arguing over semantics. Whatever next.

Meanwhile good consolidation above 0.5 today.

New value investors next week

The award for the most pointless post - Racht2

There are very few shares to buy at this level. Try a quote for £10k/£5k. Goes NT

£20k bought in last 5 mins

Read the RNS. There is now a binding agreement in place which spells out the deal officially valuing 30% of Jameson at $92m.

Why can't people read?

I wouldn't worry. Lots of eyes on this. Once it takes out 0.6, buyers will be back with confidence.

It's becoming painfully obvious that the market can't take this lower (below 0.5) as the binding agreement announced on Wed puts a value on the 30% stake which is 3x the current mcap.

This ignores the free carry on the two upcoming major drills and all other assets of 80M.

Must therefore go higher to close the value gap (chasm).