Member Info for Rosty

Just for clarity he hasn't stumped up £750k. These are CFD's so usually pays around 20% so £145K (actual cost of the cfd's is £728k.

However a good signal but not as strong as if he actually bought shares outright.

Here's hoping for a good outcome as I have been in here for years and it would be nice to come out with a profit at some stage !

A steady positive update: the reservoir is responding to stimulation, helium levels match historic data, and the project now moves into the critical fracture‑stimulation phase that will determine commercial viability.

Luxury brands like Hermès, Louis Vuitton, Gucci, Prada, and car makers such as Bentley, Rolls‑Royce, Ferrari, and Porsche are all chasing the same thing: sustainable materials that still feel exclusive and ultra‑premium.

T‑Rex Leather™ gives them exactly that — a vegan‑friendly, cruelty‑free, plastic‑free leather with a story no one else can offer. It’s grown from a reconstructed T‑Rex collagen sequence, making it rare, futuristic, and instantly iconic.

For these brands, it’s a chance to launch limited editions with a material that’s:

ethical

high‑performance

totally unique

and impossible for competitors to copy

In short: it lets luxury houses stay ahead of the curve and gives car manufacturers a sustainable, high‑status material their customers will talk about.

SInce Lord Spencers appointment there has been very little news.

I know they probably can't talk about potential Farm In progress and that all field Ops have ceased but please chuck me some crumbs to keep my spirits up lol

Well under water here and hanging on for a miracle

GLA Holders

@AIMinvestor22 Check out their RNS on 22nd Feb where they say; (I reduced the figure to 850g = 30oz)

Based on refined plans, prepared by the Company's metallurgy advisor and expected head grades of up to 5 g/t gold for the flotation circuit and a blended head grade of between 23 and 25 g/t gold for cyanidation, the GOPP at full capacity is expected to recover between 1.4 kg to 1.7 kg / gold per day, subject to availability of sufficient material to be processed. The GOPP's design also provides flexibility for potential future expansion and throughput scale-up.

1. Annual gold production

30

 oz/day ×365 =10,950  oz/year

So NTVO would be producing ~11,000 oz per year.

🪙 2. Revenue at $3,500 gold

10,950 oz×$3,500=$38,325,000

Annual revenue ≈ $38.3 million

⚙️ 3. Operating cost assumptions

Small underground narrow‑vein mines typically run:

$800–$1,200 per oz all‑in cost

Let’s use the midpoint: $1,000/oz

10,950×1,000=$10,950,000

Annual operating cost ≈ $11 million

💰 4. Net profit (before tax, interest, depreciation)

$38.3𝑀−$11𝑀=$27.3𝑀

⭐ Estimated net profit ≈ $27 million per year

Even if costs were higher:

High‑cost case ($1,200/oz):

10

,

950

×

1

,

200

=

13.14

𝑀

38.3

𝑀

−

13.14

𝑀

=

25.16

𝑀

Low‑cost case ($800/oz):

10

,

950

×

800

=

8.76

𝑀

38.3

𝑀

−

8.76

𝑀

=

29.54

𝑀

So the realistic profit range is:

👉 $25M–$30M per year net profit

🏁 5. What does that imply for valuation?

Producers of this size typically trade at:

3–5× annual cashflow (micro‑cap discount)

Sometimes 6–8× if stable and derisked

Using the $27M profit figure:

Low multiple (3×): $81M

Mid multiple (4×):** $108M

High multiple (5×):** $135M

Converted to GBP (≈0.8):

£65M–£110M valuation range

This is far above where most micro‑cap pre‑producers trade — meaning the upside is enormous if they actually deliver 30 oz/day consistently.

1. Annual gold production

30

 oz/day

×

365

=

10

,

950

 oz/year

So NTVO would be producing ~11,000 oz per year.

🪙 2. Revenue at $3,500 gold

10

,

950

 oz

×

$

3

,

500

=

$

38

,

325

,

000

Annual revenue ≈ $38.3 million

⚙️ 3. Operating cost assumptions

Small underground narrow‑vein mines typically run:

$800–$1,200 per oz all‑in cost

Let’s use the midpoint: $1,000/oz

10

,

950

×

1

,

000

=

$

10

,

950

,

000

Annual operating cost ≈ $11 million

💰 4. Net profit (before tax, interest, depreciation)

$

38.3

𝑀

−

$

11

𝑀

=

$

27.3

𝑀

⭐ Estimated net profit ≈ $27 million per year

Even if costs were higher:

High‑cost case ($1,200/oz):

10

,

950

×

1

,

200

=

13.14

𝑀

38.3

𝑀

−

13.14

𝑀

=

25.16

𝑀

Low‑cost case ($800/oz):

10

,

950

×

800

=

8.76

𝑀

38.3

𝑀

−

8.76

𝑀

=

29.54

𝑀

So the realistic profit range is:

👉 $25M–$30M per year net profit

🏁 5. What does that imply for valuation?

Producers of this size typically trade at:

3–5× annual cashflow (micro‑cap discount)

Sometimes 6–8× if stable and derisked

Using the $27M profit figure:

Low multiple (3×): $81M

Mid multiple (4×):** $108M

High multiple (5×):** $135M

Converted to GBP (≈0.8):

£65M–£110M valuation range

This is far above where most micro‑cap pre‑producers trade — meaning the upside is enormous if they actually deliver 30 oz/day consistently.

Seems to be strong this morning - 16% up already

Fingers crossed 🤞

Very happy to be patient, these Things are never easy

If we’re going to be processing between 1.4 to 1.7 kg of gold per day to the Maths!

After the top of my head that’s well over £200,000 per day🎉

What the market is mispricing

The market is reacting to:

the drop in revenue vs FY24

AIM-wide risk aversion

low liquidity

lack of “excitement” newsflow

But it is not pricing:

the high‑barrier niche

the global scarcity value of human challenge trials

the strong cash position

the improving pipeline

the integration of acquisitions

the 2026 growth guidance

This is a classic case of sentiment disconnecting from fundamentals.

Having done research on this over the past couple of days, AI Suggests the following valuation when compared to peers;

What hVIVO should be worth (commercially grounded)

If hVIVO traded at even a very conservative CRO multiple:

2× sales → £93m valuation

(still below peers)

3× sales → £140m valuation

(typical for profitable niche CROs)

4× sales → £186m valuation

(what a strategic buyer might pay)

Current valuation: £43m

That implies a 2× to 4× undervaluation depending on the benchmark.

Https://pgjonline.com/news/2025/december/alaska-lng-wins-early-federal-approval-clearing-final-permit-for-800-mile-pipeline

I wish lol

If they get to the min $5 per barrell by 2028 thats equivalent to 30 times current sp = £6.90 - I'll take that and retire !!

Sorry, typo, meant to say

The pressure is simply not there to make the sigificant changes when milestones are achieved and this is right across the board not just with MATD.

Interesting view but in all honesty I do not think it is anything to do with MM manipulation etc

I have been on aim for along time now and my opinion is that over the past decade there has been a significant reduction on people trading on aim and hence a distinct lack of pressure on prices when good (or bad) news is announced.

The pressure is simply not there to make the sign I can’t changes when milestones are achieved and this is right across the board not just with MATD.

Only my opinion for what it’s worth…..

As per the RNS today;

Pantheon's management remain confident that planning on a conservative basis remains the right approach and expect to be able to lay out the full strategy for achieving funding to FID and beyond as originally planned, by the end of June 2024.

Patience, we are undervalued and for the patient we should be rewarded in due time.

Broker Recommendations for Cleantech Lith (CTL)

Date Broker Recommendation Old Target New Target Rating Type

26-Sep-23 Canaccord Genuity Buy - 295.00 Reiteration

24-Aug-23 Canaccord Genuity Speculative Buy - 295.00 Reiteration

24-Apr-23 Canaccord Genuity Speculative Buy - 280.00 Reiteration

I'm suprised the sp is this low as with a M'cap of £5m when they had £7M in the bank 31st Dec 2022, All restaurants up and running again at ahead of expectations whats not to lke here.

THey've gone through a tough few years with covid/lockdown but through that now

ZERO debt as well.

GLA DYOR

Never seen such a positive statement - Brimming with Confidence.

I just saw the results and so have dipped my toe in :)

Craig Foster, Ondo CEO, says: "The Management Team and Board are brimming with confidence about the business's future. This first audited accounts illustrate fast year-on-year growth in Unit sales, Registered Customers and Revenues, and yet we have penetrated only 3% of the addressable households from our already signed contracts due to recent contract wins. We look forward to demonstrating more contract wins and further progress in the next interims to end September 2023."

Yes very rare nowadays! Go back 10 years and there were so many BOOMs every day

I think AIM has lost so many investors over the years with so much manipulation

Come on COPL keep going !