Member Info for SophisticatedD

Charles archers comment re BRES

“ At this point, the NPV is basically not that relevant. The share price is rising because Mike has made clear that he does not intend to develop Orom-Cross, and the DFS is just around the corner.

Post-DFS, if you're not going to develop, you're either going to JV as a silent partner, or you're going to sell.

Either would be transformative, and even if you doubled the resource, dollar signs are driving sentiment.”

From TG group: https://x.com/theunsophistic2/status/1962823987571966349?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Decent seller out print there

Qbt seller out looks ready

Absolutely the last Elise felt more like a clearing of the books ready to put a for sale sign up

Reads like a for sale sign that presentation

Low ball £150m 🤔 50p a share? That’ll tempt a few

A few large buyers bought up stock to release the overhang, they are in the TG group so don’t worry about it

Series of assays next up then 👌 looking forward to it

“Offtake agreements signed that cover the full Phase One production.”

“we expect the first in a series of assay results from our recent successful infill drilling campaign”

“ PFS delivered post-tax NPV8 of US$482M and 49% IRR8 with economics expected to be materially upgraded in the upcoming DFS”

Prem looks ready some sizable buys this morning

Nt?

GGP ex geo advising the drill too 😂

Interesting move 🤔

People clicking we’re close to funding a mill expansion to process gold silver copper in USA

on top of the first drill campaign in years

With tungsten to boot too 🤷

Decent bunch id very active

You’ll struggle to find many if any at all post Dfs companies sub £75m with no debt and 100% ownership, with an NPV over £400m potentially £1b post drill

That’s 400% upside before Dfs 🤔

Still nobody can can answer this conundrum 🤷

Https://x.com/theunsophistic2/status/1962823987571966349?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

TG group on there Charles archer is in there too

The asset will generate billions of revenue for whoever takes it into production

I definitely see a buyout would be amazing for the market

Look at all the offtakes and JVs we’ve gathered

This asset

Been scaling in need to sell some more stuff to add a big rerate like eee and Omi happening here

Looking great 25p target pre Dfs publication

You’ll struggle to find many if any at all post Dfs companies sub £75m with no debt and 100% ownership, with an NPV over £400m potentially £1b post drill

That’s 400% upside before Dfs 🤔

Needs an updated note definitely but it factored in dilution

Also doesn’t include all the offtakes and concentrate JV

So could go higher 🤷