Member Info for theupsidedown

The usual AIM market pathetic trading response to a really good bit of news.. Honestly..

Metric Result

After-tax NPV (8%) US$660.3m ⭐ Excellent

IRR 59.6% ⭐ Outstanding

Initial CAPEX US$288.7m ⭐ Better than expected

Payback 1 year ⭐ Exceptional

After-tax Free Cash Flow US$1.06bn ⭐ Excellent

Mine Life 8 years 🟡 Shorter than ideal, but expandable

There’s always some idiot I don’t get shorting this kind of thing it’s so risky.

It seems more a matter of time not IF . I’m not 100% sure what the impact of government intervention in a private enterprise might have. But given gmet are in a prime position in a prime jurisdiction I am happy to keep some shares in the sky rocket for the medium term.

If you watched Scott Bessant talking yesterday. You would be buying this stock and any other stock that is going to be producing critical minerals within the bounds of the USA. They are serious about supply chain and sovereignty.

I expect 300p to be ancient history in 6 months from now.

It’s paper silver they are trading. Doesn’t have much to do with real metal. This game has gone on for decades. But nobody cares about metal investors. They only pump their own stocks. Tech tech and more tech.

Not sure how they will build out the data centres without any silver. China is buying it all.

I agree. Fortissmo. This is a trading event.

Ai globally will suck up supply by multiples of yearly supply. Not to mention robots and solar and EVs and everything else.

This is a short term narrative trade on Kevin Warsh. Which is nonsense

@Fog ..

I guess we will see by the end of 2026..

My take is this:

1. Kevin's task force will recommend the "trimmed" Inflation calculations among other things

2. Kevin will convince them to deploy it by end of 2026 (inflation will read 2.x%)

3. They wont hike rates in 2026 as Kevin will argue the AI deflation narrative among other things

4. Once these items are clear to the market - Gold / Silver will hit ATH again..

So there you have my version of the future.. you can re-visit me at the end of the year and see what really happened...

I think there is a zero being added .. should be $50 not $500 they are stop hunting below $60 now... false Fed narrative allows traders to smash many assets..

the FED wont hike rates.. its all bullsh*t

@fogg rates in 2022 were historically low and more accommodative to the high liquidity that was pumped into the system during Covid.. do you really believe that with debt of $49T that the fed could go on hiking rates to get inflation down from here without a major stock market / bond market crisis in 2026..

I think not.. but lets see if they try it.. they will not.. they will change the leverage treasury ratio to force banks to buy more treasuries and they will fix the inflation measure using the task force.. Kevin Warsh has more or less said so if you read between the lines..

Kevin will have his mates in the task force doctor the Inflation numbers to start with a 2.

They won’t hike rates as they cannot afford it. Nothing to see here.

Gold / silver are approx 30% off the ATH. The stock market is at ATH.

If this were an actual gold exploration company it would be good news. And it is. In a weird way Lennigas has kind of saved things.

Tbh. There is Nothing at all wrong with a gold exploration company in Nevada. It’s the no1 gold jurisdiction on the planet.

Lots of Ifs. In that list. Hanc0ck had an MRE years ago. The value here was destroyed by Guy Robertson sitting on his hands for two years to achieve nothing. .

Wilfully neglectful in my view. Hence there are plenty of other better plays on AIM and other markets. The price here tells you everything

On reflection I would consider AIM stocks to be a 1:20 ration big winner to loser. Hence most folks end up averaging down on losers only to watch big winners elsewhere.

Best to put your favourite 10 / 20 Aim stocks in a side portfolio equally weighted at first and keep selling the losers

2020 was a freak moment in time. Maybe we will see this again if the S&P rolls over and they print.

But until then. This ain’t going anywhere.

So that’s approx 4 / 5 times FCF at the current price in next 12/18 months. meaning most of the other projects have zero value.

For me this should be trading near 200p in 2027 given everything goes well, and we are likely to smash the guidance to the upside which the company know.

Gold could be $6000 by then ?

Was that the bottom yesterday? Not sure. 🤔.

But if you had told me $60 silver after a sell off 12 months ago I would not have believed you.

They will. They will. But it will be too late.

Unfortunately UFO is an exploration stock. Thus you don’t really get leverage to the silver price. Even at 120 bucks this barely budged.

The MRE was helpful But a PEA / PFS is needed.

Have the PMs decoupled from the stock market ???

Very interesting today.

Silver / gold bull is firmly intact. Longer term this puts huge pressure on the FED and more money printing. Remember Covid. Big crash followed by money printing like we have never seen before

Buying op maybe in a few weeks if silver gets back to $60.

If lse interviewer doesnt ask about hole 1/2. Then it’s a waste of time. Nothing else here is relevant. The bod need to clarify or the sp will keep going down.

We will see if Sarah is a proper journo or just a paid stooge.