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Up +110% now. 2p paid. Good contract with a mobile operator, for its mobile enterprise service.

Up +105% now. Incredible surge.

Up +84% now. Chart is going parabolic.

Surprised there's not more reaction here. Good contract win today for MBT.

JC -- Align Research reckon BMV can be generating £5-10m of annual profit by H2 2025. Thats's right around the corner. South Korea is a rich, can-do country -- they move (very) fast. It's nothing like cannot-do UK, where everything is in decay. The metals and mining industry today is sitting on an average PE ratio of 17. Using that ratio for even a (very) conservative £1m profit for FY 2025 puts BMV on a shareprice of 3p. A reasonable £10m profit in FY 2026 puts the BMV shareprice at 20-30p. BMV is currently at 1p. Whether you do the sums by NPV, cashflow, profit, or gold reserves, the multibagger upside here is huge.

Warren Buffett is also selling stocks in Q1 2024, and buying T-bills (cash). The 93yo Sage of Omaha -- the greatest investor mankind has ever seen -- is usually pretty good at predicting which way the wind blows.

Meanwhile, the biggest threat to the FTSE 100 is Shell potentially delisting from London and relisting to NY by 2025. Such a move would immediately crash the index by -10% and send the FTSE into a bearish spiral from which it may never recover.

A 10p shareprice is a fair valuation now. BMV is sitting on $3b of high-grade, high-profit gold and silver, in a wealthy country (Korea) with robust mining systems and excellent access to labour, plant and logistics. The firm has an experienced leadership team, strong local partners, and well-funded with a free-carry. Not to mention an NPV around £180m, versus today's £6m marcap. A 10p shareprice is more than fair 👍

Price on the Ask ticking up again to 1p.

Trading volume for BMV shares today is ~25 times higher than normal. A piranha feeding frenzy. The shareprice has jumped +50% by lunch, top of the UK leaderboard. Bullish signs.

BMV's NPV today is around 30 times higher than the current shareprice / marcap. Its expected free cashflow is around 7 times higher than the current shareprice / marcap. The upside potential here is huge.

Price ticking up to 1p on the Ask.

Up +50% now. Top of the leaderboard. Looks ready to leap over 1p. Chart going parabolic.

Up +44% now. This one looks ready to blow.

Up +35% now.

Today's new RNS for BMV can be viewed in the link.

BMV is sitting on $3b of (very) high-grade gold, now has funding, and is getting ready to dig it up. Their Korean gold and silver mines have an NPV around £180m. Current marcap of BMV today is around £6m...

https://www.londonstockexchange.com/news-article/BMV/us-5-million-farm-out-agreement-for-gubong-project/16456050

Agreed. The news looks transformational for BMV. Shaking it from its slumber.

Markets going thru the roof. Fed not raising rates 🚀

Good post 👍

Love a bit of Rocky. Lloyds should play the Rocky theme song in their HQ and branches -- get the team motivated and pumped to win more business for shareholders 💪

https://youtu.be/KPhqU--Mq1A?feature=shared

The FT is speculating that HSBC will poach the Lloyds CEO!

UK inflation is back.

https://www.telegraph.co.uk/business/2024/05/01/ftse-100-markets-latest-news-federal-reserve-interest-rates/