Member Info for Scoobydoo321

Per https://total-market-solutions.com/2021/07/lexington-gold-limited_july-2021/
Maiden JORC any time now for Loflin.
Expected to be med to high grade for simple open pit op.

Bernard has already stated that its not the intention of the co. to become a producer, so a sell-off is most likely on the cards.

Therefore, Lex takes the risks of finding high quality gold resources , firm up the JORC and then sell-off / JV = quick turnaround generating fast profits for shareholders.

Loflin's resource estimate expected to be a very neat little number.
3 more resoures to confirm.
Could they be knocking on the next Haile goldmine which the management keep alluding to?

Well funded given at IPO this year - the programme was for a 2-yr drilling programme at 2.75p
So at these prices, mega bargain prices given what Bernard + team have found in the ground.

EV = £8.4mn absolute peanuts for a gold junior explorer. Some juniors come onto the market at this price without anything to show for it. Whilst here, confirmed signficant intersections in their drill campaign so far.

Yesterday's news has lead to strong trend reversal. Now likely uptrend back to 140p+

Micahel Fraers has been in this for years. There is no way he will allow it to fail. I would have thought that he would have done everything that he can do minimise risk of rejection.
Just Covid that has lead to delay.

I am also in ACP - graphite project in Tanzania - similar situation, but in ACP's case, waiting for ML. Once again Covid.

Why the desperate selling?
Ask has fallen c7% in 2 hrs+
Nothing has changed for the co. and Nasdaq has yet to open (futures pointing 0.11% + at time of writing)

I reckon this will get taken out at this rate.
SP is below support.
Have bucket loads of cash.
EV is £26mn = joke.

New top management.

Digitalmove potentially the next big thing in proptech with increasing transactions and proven tech.

Gresham House - when interviewed back by Paul Hill, around 6 months ago mentioned that Uls would be an easy target.
A 50%-70% premium given their tech by Lloyds, or Rightmove etc would not surprise me whatsoever.
Such a premium would merely get it back to near the intraday highs it had a few months back.

Everything is up for grabs at the mo. Private equity are swimming with cash.

End of stamp duty has not affected sentiment towards Foxt, Rmv, Blv. So why SP is dragging its feet - no idea.

Contrary to the SP move stated by LSE - the SP actual moved upwards with dummy test showing ask price 10.9p
Nice!

@Dote59
A little fiddly but Finncap provides great free res. for PIs
Go to
https://www.finncap.com/research-portal#/portal/finncap
Type ORPH in search
Then follow instructions

Hi Legalwolf

I know the salient info -
I do not hold KMR.
I know that KMR's excellent stock altho as far as I see, is rather fully priced IMO (hence sideway movements).
Chris Mills of Harwood Capital (top man) was banging on about it around Nov 20 in an v o x interview with Paul Hill. Come to the most recent interview together, if I recall rightly he mentioned that there is still scope for appreciation albeit limited.
W.r.t grades, I am also invested in JAN, which also has a Titanium Oxide and I am aware that JAN's grades are higher than KMR.
I'm aware that KMR's capex was considerably more than over here.
There are probably a few more experts in KMR than me on this board given that we have attracted qutie a no. of PIs from KMR.

Almost splattered by coffee out - nice move Larry !

The yankies appear to like it very much!

Doc Holiday gives info on Cmet during his April 21 Interview - additional insight from someone who is close to management

35:00 onwards

https://total-market-solutions.com/2021/04/guest-interview-vol-12-doc-holliday/

If Cmet had not been hit with Covid delays, the SP would have been far far higher.

KMR - is a company that Cmet is seeking to emulate. They have done extremely well over the past 12 months + - fantastic SP appreciation.

In actual fact, Cmet's resources are of a higher grade.
So much of their resource to be explored, tons of upside.

Latest presentations - Jan 21
https://capitalmetals.com/our-investor-relations/presentations/

KEY HIGHLIGHTS

One of the highest grade projects in the world today.

Current resource only first - 3m from surface

Exploration upside

Potential for increase in resources – at depth, inland &
offshore and Less than 5% of project area drilled to date

Management targeted IRR > 50%

Expected Production H1 2022 - still on track
= FCF
= ker ching !

Once EIA given, the relative small free float will mean that SP will rocket.
We all know that this is an absolute mega bargain price for high grade low capex resource.
Doc Holiday bought at 19p 6+ months back - not sure whether he is still holding.
My guess, upon EIA, 50%-70% leap -
Even after a 50-70% leap, SP then would be 15p - 17p
This means that EV WOULD, after the SP increase, be £20-22mn - peanuts still given the economics of the project.

Gas crunch sends prices hurtling higher
Tight global supplies exacerbated by lower Russian volumes and declining European production

https://www.ft.com/content/d14ec1a3-12f0-484e-9246-d2a2ae9bc004

Hi Guvvi

I used to hold. You are probably aware of this:
https://www.reuters.com/article/us-indonesia-palmoil-tax-idUSKCN2DY0HH

CPO still looks very strong. GL

Two weeks to go circa
Last yr came out 15th August.

With the new well, there is a lot to be excited about at these mega bargain prices.

SHG, AAZ, CEY, PAF already have had their "gold bounce" after Powell's dovish comments .
Does not appear that GRL has had one yet today.
Given that we are now a junior "producer" as opposed to explorer, this has not been factored in.

The recent rise in our share price is merely reflecting the much anticipated first gold pour and simply returning back to the SP it was a few months back before the slight delays.

Gold price rise perfectly timed for Emma + team.

Only takes a few trades to swing this a few % either way. So not really concerned here, any news on lithium or once FOMO sets in, demand for the shares will rocket very very quick.
Fundamentally, tin prices are super high and that is very very comforting.