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Crazy buying leaky as f@ck .. be quick

Some amazing results there building the picture and an indication mining would be easier. Would like to see this monitised by 2030 so hopefully DFS next year. In the end we don’t need any further resources with 5bn in the ground, does it matter if that becomes 6 or 7? Not really - so let’s start preparing to get what we have mined over the the next few years imo with a partial sale or JV

Ill provide the real story ... you bought at 23 .. have now sold as you couldn't afford to lose the money, and are now a little bit bitter.

And actually the AI calculation below has silver at $25! its 75! so the 5bn is about right as silver more like 1.5bn

Call in 5% in the ground valuation (be a lot more after DFS potentially). so lets say $200m for arguments sake, £13m mc. this isn't up for debate so no point arguing the point anymore. Plus prices likely to increase, plus potentially 2 or 3 times the assets to discover ... Just hold in pension/isa and do something else .. OAO

Sorry im slightly out irs ONLY $4bn!! that will do

Rough in-ground “metal value” (ballpark)

Let’s convert that into a rough value using typical prices:

* Zinc ≈ $2,500–$3,000 per tonne

* Lead ≈ $2,000 per tonne

* Silver ≈ $20–25/oz

Approx calculation:

* Zinc: ~1.09M t → $2.7–3.2 billion

* Lead: 260k t → **$500 million**

* Silver: 19.1M oz → **$400–500 million**

Total in-ground metal value ≈ $3.5–4.2 BILLION (gross

Erm its all JORCed so yes 5bn in assets its not in question!! In black and white! not sold yet as proving more and more up and doing a DFS to maximise any JV / sale price .. do you know how these things work?

Yes, and thats the point with these shares you buy the story and hold for the last page .. DP cant dissolve 5bn of assets ... a fire sale tomorrow and it would go for multiples. i suggest you go and comment on a board your interested in buying stock in as unless your some sort of dark robin hood,this does seem a little bit pointless for your precious time.

14 paid its moving ..

Ive no idea who this gimp is as don't use advfn but there is 5bn worth of assets in the ground DFS coming and it will get monetised, its crazy cheap so ignore the noise.

Yes lock em away for 4 years … retire.

Still very annoying we have dropped nearly 50% the last couple of month based on bored traders moving on and lack of excitement. The usual …

The big value driver will be the DFS next year. At the moment we are stock piling potential, but the DFS will prove its mineable and go a long way to readdressing the value gap.

100 bag would assume 10% market value for the assets in the ground! You usually get 1-5% but that’s still 10-50. My point was that a silly fire sale your at 10 if the company was in trouble to highlight the huge disconnect currently.

Siver should be 73*

Forgetting the germanium for now we have around $6bn of value at current market prices in the ground

- Zinc,Lead and silver. Discount this at even 98% for a fire sale and you’ve a 10 bag. Just a waiting game ..

Zinc

* 1.09M tonnes × ~$2,600

≈ $2.8 billion

Lead

* 260k tonnes × ~$2,100

≈ $0.55 billion

Silver

* 19.1M oz × ~$27

≈ $13billion

Https://x.com/rockfireplc/status/2047958793179296136?s=46

Defo one to hold for the future if you haven’t any, I keep adding. They already have JORC fo over 2bn worth of zinc and silver. Once this progresses through DFS and on to JVs/sale the 11m mc will be a distance memory. It’s just time …

Very good read, it’s growing and growing.

Just bordem of holders, its an in and out market has been for years, share price is not a reflection on as company any more it’s a reflection on profit takers. This has been up and down many times from near single figures and mutiple double figures. And it will again in its next cycle with a bit of inspiration or excitement again. Until then the punters chase something else.

It is insane. Even if we didn’t find anything else from today what we have so far is now valued at a pityful 11m mc. The sh@t stocks with nothing that have done 60-70m on hype in recent months. It’s depressing but as I keep saying it does need a catalyst to realise values sooner or later Sale/JV something that makes people realise this won’t stay in the ground for ever - or people just go of chasing things and sell through bordem what adds to price drops. Hold, add if you can, and wait is all we can do