Member Info for SaintPeter1

Has Orange produced any figures??

I thought it was a reasonable request seeing that Teadehobbs has quoted a figure 15 times higher than the current SP. I would love to believe it but would also like to know its foundation.

I think that applies to you Max.

Oh what a surprise. Max quite happily calls others shorting trolls but as soon as it is suggested that Max himself is a pumper troll he doesn't want to engage. Its rather pathetic and spineless.

I hope that whoever is paying Max to pump isn't paying him very much as he isn't very good at it. His constant claims that "tomorrow is going to be a great day" get rather tiresome when they are not backed up with anything other than BS.

So I am a troll am I Max ? You really don't know what you are talking about.

I realise that you don't like me because I had you on the run on thursday night asking you to justify your comments. What a surprise "you didn't have the time" to explain. I notice that despite having posted countless times since then, you still haven't explained the calculations behind your predictions.

There are 2 sorts of trolls. Those who try to talk the price down and those who like to pump it up. You are undoubtedly one of the latter. I guess that you are a pump and dump expert and once you have done your worst here you will move onto another share.

That's a shame Max. Are you sure that you don't have the time to explain?

What do you base this opinion on Max? Why are they going to soar tomorrow?

I am also beginning to think that Max is a pumper.

He would always ask for figures. All I am doing is asking for figures.

What do you base this on Max?

Not at all Max. I am asking the sort of question that my boss used to ask me when I came up with figures.

8p a share equates to a market cap of c. £250 m.

We have just sold 80% of one of our assets for $4.2 million.

How are we going to get to a market cap of £250 million ? What are the £valuations that we can put on the other assets - hopefully more than today's JV?

Forgive me if this comes over as aggressive. This is not meant to be an aggressive post. I would love to believe that we can get to 8p. Please show me how.

Yes thanks Napthman. I am fully aware.

No need for sarcasm.

Very true Phil. I agree. But if you read a bulletin board and read people's opinions it is nice to know if that opinion is based on fact and calculation or whether it is just wishful thinking.

I agree tkia.
GL

Thanks Hopscotch.

I agree Phil... but when your first purchase is at 0.17 pence (regretfully some has been top sliced far too early) and the price then increases more than 15 fold , you do tend to ask how far this can go.

Yet again tkia ...

I have these shares. My first purchase was back in July. I have done my research. I like this share. I believe this share can go further than 3p which is why I didn't sell. But how far can it go ??

I read this BB and see references to 7p. To 35p. Yesterday £1.20 was mentioned. Are these estimates based on careful consideration or this based on knowledge ? I can pluck a figure out of the air as easily as anyone else but would like them to be realistic. That is all that I am asking.

You have certainly implied that I am a deramper and for that you have gone down a lot in my estimation.

Thanks tkia.

I have done my research and that is why I have invested. I like this share. I am heavily invested in it. My question is how far can this share realistically go?

FFS. If I come on this board and ask a genuine question yet you accuse of being a deramper intent on undermining the share price then I doubt the rigour of your thought processes.

Complete bollix.

I am asking a question. I am not de ramping. If you don't ask questions like this when valuing your portfolio then I suggest that you have a very small portfolio.

I have been here for several months now and have a holding of more than 11 million shares at an average price of just over 0.5p. I have really enjoyed the price rise of the last few days and look forward to more. But realistically how far can it go ? 5p ? 10p? 20p? 35p?

Our current Market cap at the price of 2.3 is £70 million. On this board I see estimates of 35p. which implies a Market Cap of well over £1 billion. How realistic is this? I appreciate that potential is important for a company like ours, but potential which does not ultimately lead to profit means little.

Most junior miners don't record a profit but the likes of BHP and Rio are at PE ratios of c 10. For us to have a market cap of £1 billion at a PE of 10 would represent a profit of £100 million pa.

Is this realistic? It seems very high to me but I don't know so am throwing this question open to people who know better than me. If an annual profit of £100 million is not achievable, what would be?

Please let me know if I am not looking at the valuation in the correct manner - or if there is a flaw in my logic.