Member Info for Spinal_Tap

$5 per barrel production costs. Amazing opportunity.

$200k per month free cash flow. And market cap less than £2m. Totally undervalued.

“ we continue to work proactively with other partners including following up on other incoming approaches with a view to maximising value for shareholders through a licensing deal”.

An offer has already been made above the current market cap. Only a matter of time before higher offers come in, which could be multiples of the share price at present.

$29m buy out sounds pretty transformational.

Just viewed and very encouraging interview.

£5m at present.

The risk reward here is well worth an investment at these levels in my opinion. The company look extremely well positioned and could be valued at £20m+ in a short space of time , many multiple s of that in the months to come and this compared to £5 at present.

Excellent update.

From one analyst.

Volume picking up and share price responding positively.

With news today this could easily approach £100m market cap in the coming months.

Should now come back with a substantially increased offer.

Market cap currently £4.94m with potential deal worth between £20m-£40m. Totally under the radar.

I agree. This has a major re-rate coming. Could be later this morning when everyone cottons in to the value in this company. Happy to keep adding at this price.

I think we will be trading in 10’s by Friday.

Probably because 1.5 billion more shares hit the market this morning at 0.008p.

It’s starting to get very exciting.

Excellent news.

The graphite production alone could be worth up £100m per year.