Member Info for Spodulike

Tiger, very good sign, not 100% sure they’ve all been churned, but it’s more than likely.

£400k of delayed trades. Surely placing shares churned. Should see a nice blue day tomorrow.

Don’t think we’ve got much churning left to do.

Will we see blue today?

Fancy having your house valued at say £2.2m but someone only offering £130,000. That's how crazy this mcap is.

Surely this is the biggest disconnect in valuation on AIM?

From 31st Oct 2024.

'Rising zinc price creates a valuation disconnect'

'Fair value: Following the placing we have updated our valuation to take into account the

increased number of shares outstanding, the funds received, and the rise in the value of

our peer group reflecting the higer zinc prices. As a result, we have updated our fair value

to 2.2p. This is an upside of 2,103% on the current share price.'

This is not including the China ban in regards to Germanium.

Market really needs to wake up to this.

Rock bottom mcap atm, excuse the pun.

The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15 million tonnes @ 7.26 % Zn, 1.75 % Pb and 39.5 g/t Ag, for 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver.

The Plateau deposit in Queensland has a JORC Inferred resource of 131,300 ounces of gold and 800,000 ounces of silver. Plateau is subject to a joint venture with ASX-listed Sunshine Metals Ltd (ASX:SHN).

I can see why 2.2p was fair value.

The Copperhead porphyry deposit in Queensland has a JORC resource of 80,000 tonnes of copper, 9,400 tonnes of molybdenum and 1.1 million ounces of silver.

10k earlier.

Lucky if we get £250.

What's with all these small trades?

Nice buy Olly. Should do very well.

Fingers crossed Jungle.

A little. 0.13/0.135.

Way undervalued as we all know. How much who knows? But at this sp, many multiples I would have thought. Some paying 0.27 last week, now thanks to a small placing you can buy at 0.13.

0.2 first target and should come pretty quickly when flipped.

Placing shares must be flipped now, or very close to. Rise should be imminent. IMVHO

Also Steve, how would it have looked issuing a placing at 30% discount and then giving themselves some. It would have been uproar.

Depends if news is around the corner. They wouldn't be able to.