Member Info for TrekMadone

I added some AMRQ today Tro… average down. Sell them on the bounce which now looks like imo. Then buy again on the pullback. Got my average to 78p across two accounts though but think I can do better!

Trek

Getting through these early flips pretty quickly as indicated by the unknown round number shares at the bid. Bodes well imo!

You can see the warrants and CLN breakdown on the admission doc page 241 section 4 onwards. It also gives a useful breakdown of the subsidiaries.

https://firstdevelopmentresources.com/wp-content/uploads/2025/07/270794-Project-FDR-Admission-Doc-CLN-WEB-FINAL.pdf

Pretty impressive that the price has moved up so imo!

Usual caveats

Trek

“ Sadly evi...these once illusive baggers,that now frequent the risers board,”

Nah I’ve been missing em as well tro - or rather have looked and can see that by the time I buy the funding will land or I am wrong side of the slicers!

I see FDP as a pick coz it’s drilling Patterson in WA. That looks a good bet. Just listed I didn’t buy coz was expecting a post listing pullback! Usual flip!

Then you got CDL in Darlot WA. Pumping rock chips FFS I dint buy. They also had some oil. Now sold the oil and raised some cash. SP is up. So I factored in that they’d raise and sell the oil but the sp would be down! Doh… or am I early. I’d sell if I held and buyback below the placing price or not.

As you know I went for HREE $12bn REE resource in ground! Cheap to get out as iconic clay and US offtake MOU. But I bought too early. So averaged down 3 times and sold at a profit back to my core holding. That imo shows that you have to have cash to trade your way in and out of these plays!

I also backed Lex $10m Oz’s of Saffy and US gold…. Ramp ramp Zzzzzzz one day Rodders!

You can add many plays to that boat including likes of UFO, EST, XTR, EEE the list is endless… then you get the real deal like POW got more assets and cash than its mcap and no one gives a fk! Madness. I sold them for a small profit 12.5p to 14p now you guessed it it’s moving up…doh!

I still got some in GRX which I think can’t go wrong and also SVML that are doing everthing to the book …top quality team, both. We’ll see.

Likewise AMRQ I am down but would keep buying as insti’s in big at 86p! It’ll bounce end of year. I wish I was buying now. Think my average is 80p! Doh! But confident.

I think the treasury plays COIn and SWC have both bottomed and anyone with a longer term pf should hold some and ignore the sp from now as lows imo are in!

For me though EPP is real chance of a multi bagger. Just gotta time the entry. I got it wrong twice so far but am watching for another go. It could go 1p to 30p imo or do an SXx! Watching it for a few hundred quid not the k’s! lol!

Usual caveats

Trek

Tariffs on Chinese graphite

https://www.reuters.com/business/autos-transportation/us-tariffs-chinese-graphite-spark-opportunity-indias-epsilon-2025-08-20/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Tariff-Watch&utm_term=082025&lctg=65d3a4d7962245101d037748

Trek

I think most of us see good points and bad points with all political parties. I always struggle deciding which way to vote as never really aligned sufficiently with any one party.

What I don’t like is when folk don’t find any faults with their ‘chosen’ party. Coz then I know they just haven't thought things through objectively.

But then that’s probably just me being awkward, old and often grumpy!

I should fit in with TEX! lol!

I’ve notice my CAML’s ticking up. I sold when they announced a US take over. We’re about 162 from memory. I bought most of them back at under 150! Some 144 ish!

Anyways any deal on Ukraine and they could do well. Forrexpro or whatever they are called are too volatile but CaML pays a divi, got cash coming from the failed US t/o plus 50 odd million from memory on their balance sheet and are a train ride away from Ukraine with copper, lead and zinc…

The market may just notice soon!

With a low average and some trading profits I am keep in them for the yield now.

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Trek

HREE got 20m invested here Humpa and a US offtaker lined up!

I don’t blame you for backing this one big but it’s very brave nonetheless!

GL

Trek

I had a manager once and all he wanted to do was anything other than the day job!. Was a flipping nightmare. The directors loved him coz they all wanted to bye into futures, many were just as bad tbh and most of them were poor finishers! All ideas no end results!

At the end of the day it was the day job that delivered the right to pay wages, bills and then do the other things!

Not saying Nick is the same, but 13mins of a 16min interview talking about a 100k well with no certainty about what they will do after isn’t the best use of time or even 100k just now!

I said before. Laser focus on Rost, on the prospectus and on the IPO. It’s bad enough having a corporate tourist as a CEO without him thinking we are the next Metaplanet!

Get Rost done, get the RTO done, get the AIM listing done. Show me cashflow then I will be interested in your next ‘train set’.

I moved this guy onto futures so he could travel around with his PowerPoint ideas and got someone else in that did a great job running and developing a team. They still generated loads of ideas and the business grew profitably by increased productivity. Several of his ideas got backing none of them landed and we were really routing for a big one. The IT benefits we had were really organic anyway. Using App’s smarter testers, robotics etc. I think now with AI even bigger gains would have come!

Similarly BTC mining has moved on significantly now. Especially now with cloud based AI and networked devices. Sure cheap power and cooling is key.

But there is a lot of competition through hashrates to solve problems. Even players like ARB have been struggling. I don’t see buying a container vessel of Bitcoin mining machines paying as a stand-alone operation.

But for sure sell the power to someone at a benchmark discount and let them pay us in BTC whilst they carry all the mining costs and risks.

That imo is a convo for later after we earn the right through our own productivity and not a distraction for now.

Laser focus imo

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Trek

Well howdie Texan’s…lol!

I just saw your post on MDH tro and wondered wtf happened.

I was on a ferry yesterday coming back off hols. I thought I don’t need tabs… silly me, wasn’t sick but close to it!

And then played golf early this morning! Badly! lol!

Anyways back on shop… a poster claims to have put £20k into HREE and by the looks another £10k… well ‘his’ trades and posts match up! Bonkers IMO!

Hi Blue,

I picked up some coin for another go. I think it’s only them and SWC, perhaps PR1 that will get some serious treasury backing. But even then I don’t think it will move again until October/November. So plenty of time to average in imo!

Gonna need to see some serious rate cuts first and perhaps peace in ME and Ukraine + lower POO. It all links back to risk on and then BTC imo!

Trek

20k in here! I hold and think it may do well but that is a massive conviction!

These plays are either starting out punts, buy 3 of a kind and hope one is a jackpot! That’s how I started.

Or it’s something you dabble in after you have established alternative income.

I did well on small caps and then flipped the winnings into income. But I could only trade the small caps when I was earning as I could backfill if I lost out.

Now retired I can’t backfill but I live off the income created from a small pension and mostly from trading.

I now dabble in small caps as and when I spot an opportunity. It has to be a good one to put in a big pot. Like HEX recently else it’s just a dabble! But any winnings I use to add to my income until the next opportunity comes along.

I hope your 20k doubles so you can take some off the table!

That’s my plan from 1.5p to consider selling half at 3p or at least taking a slice.

We have a big investor in at 1.5p then the IPO and warrants at 3p. So 3p theoretically should offer some resistance. Obviously news can change everything!

But there is a realistic chance here of taking some profit out at 3p if so inclined and the sp catalyst’s are near term.

Not sure I am supposed to say that but hope it helps.. not that you need any.…ooops… perhaps I should just ramp and say 10p soon 🚀🚀

But then what’s the point of a BB!

Pick whichever post you prefer!

GL with your punt Humpalumps!

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Trek

Wsbn intersected a ggp type geo at redsetter which is nearby in geo terms.

Expect another rampy RNS soon then a placing to take advantage of the sp rise!

Had my fun at Wsbn a while back. GL to those locked in higher!

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Trek

Post on HREE comparing it to COBR (I used to hold),

Looks like a bot as underestimated jurofor Hree but interesting nonetheless.

I said buy HREE at 1.5p with view to sell half at 3p.

3p is the ipo price and warrant strike price. 1.5p is where a big investor bought. So still plenty of upside for a relatively near term project but obviuosly the bigger prize is later. And there will always be dilution hence you wanna be on a free carry if poss!

LEX is slow burn but top top quality assets. 10m oz of gold and investors and warrants in at 6 ish but like Hree is difficult to trade! I sold some as can buy back later.

MDH going BTC mining using stranded methane as a power source. Good idea but not yet imo. Getting machines that can deliver hash rate isn’t easy. BTC Mining is so difficult now. Leave it to the experts imo even if you have cheap energy! Just be laser focused on Heluim!

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Trek

Is it a PFS or a DFS no it’s an enhanced scope - FFS!

I sliced a small amount today in case it goes lower than my 3.4.

With 10m oz of gold I don’t want to be out but the sp is where it is as this is a real slow burn…. Very methological!! Zzzzz!

I think I am just getting too old for some of these plays now.

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Trek

MP takes ages for most of the time to say nothing.!

The other interview was awful but at least the Sunday Roast team attempted to pin him down.

Basically he ‘cares’ about the SP. The spike was overdone and so is the pullback.

As I read it they aren’t raising at this level as market is quiet and sp is low.

Yes agree - yellow could be a catalyst for the next treasury raise.

But the quantification and market reception re yellow is all speculative - until it happens!

Lots of buzzwords and name dropping but no substance and no meaningful timelines!

All said I think we are as near as at the bottom and news can only help. So will the end of the holidays but imo it will take a good hike in BTC to kickstart a meaningful flywheel..

For now they need to show revenue/payback on the other ventures to reduce the risk on what looks like being slower raises.

I think COIN and SWC still have it all to play for but the appetite to throw money at everything BTC treasury has changed!

We are around 1.4 mNAV so excellent value if you are buying or averaging down but a sht show for those that bought the top.

Really need BTC to hit 250 which is what they forecast for this time next year!

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Trek

I just think Trump will throw Ukraine under the bus if it means he can get Putin on side so as he can marginalise China.

Trump is cool with extreme right wing dictators, it’s how he sees himself. China is the enemy, economically, militarily and the unspeakable- longevity!

Whilst the Chinese system repulses the free thinking liberated west. It gets things done!

Especially regrading long term investments even on a global scale. The UK for one with its short sighted 4 year Hokey Cokey politics can’t compete in the long game and especially lacks investment in the likes of minerals, energy and military.

Trump knows who the threat to America is and it ain’t Russia. Ukraine is just leverage to get Russia to the table to make deals and gradually isolate China.

It will be interesting to see if Russia is now so emboldened by a soft US that they decide to aid the Russian ‘brothers’ in Serbia!

Putin will keep the alliance on its toes. It’s pretty easy to do whatever you want when you have a compliant population.

That’s what will always give Russia and China the edge unless it topples from within. But there doesn’t seem much chance of that!

Trump thinks he’s winning? He should be but TACO keeps playing the wrong cards!

Trek

Another interesting article. Investors have to do ‘the laterals’ though!

https://elements.visualcapitalist.com/charted-the-energy-demand-of-u-s-data-centers/?utm_source=elements.beehiiv.com&utm_medium=newsletter&utm_campaign=charted-the-energy-demand-of-u-s-data-centers&_bhlid=190eef7579458bdfcb12d2968a128fece99f3a91

Trek

But I am on a near free carry GG with no need to sell any at least yet! 🤣 and not a bitter person 😮… Oh and my heavily invested position in PHNX at under 500p is also doing very well… another divi payer you called wrong!

…..anyways I found this quite interesting…

https://elements.visualcapitalist.com/charted-the-energy-demand-of-u-s-data-centers/?utm_source=elements.beehiiv.com&utm_medium=newsletter&utm_campaign=charted-the-energy-demand-of-u-s-data-centers&_bhlid=190eef7579458bdfcb12d2968a128fece99f3a91

Trek

I thought it’s all about delivering nameplate golf as quickly, safely and efficiently within the finance envelope as possible.

The initial guidance is only a small part of that plan.

Surely having a profitable ‘early’ mine is where the long term gains are and then they can fund the rest of the operations building a significant operational footprint in Greenland that will last generations!

But the market hits us for a few ounces now!

Crazy! But it isn’t the insti’s selling. It’s just the market makers generating volatility on low volumes to make a market and generate some trades. They don’t make money from folk that hold!

I am in for more! Thanks!

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Trek

Ticking along nicely - actually slightly ahead ops wise and loads of cash!

Gold sales to increase in line.

I guess given the size of the last raise we just gotta be patient while the sp does its thing.

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Trek

These are v cheap wells. Last 800k brought Rost on, paid 100k debt and had working capital!

There are warrants at 3p which will likely generate cash on RTO plus cash from RTO if they raise any extra.

Helium price of 300 bucks is below forecast now, link I posted earlier.

I ain’t ramping it as these companies usually take cash that’s available but Rost covers foreseeable opex. So any raise in capex which is accretive - goes straight to capital.

We have our own PSA so another well near Rost can be hooked up at very low cost and also use same water disposal well.

The other wells are directly piped in to Jayhawk and adding more is very cheap but they are low conc.

Rost at +5% is a game changer and 2 x Rost will be transformational and be very economical.

As for the BTC minin I honestly am not interested. Nick likes his toys and this is running be for he can walk. Just get another Rost on before to catch the helium price upside.

This is a little cash machine and growth can be very rapid once Rost covers all the bills!

Stay laser focused and don’t fk it up with distractions! It’s really simple this one!

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Trek

Well I added some today. US rate cut may not be far off which should further drive BTC which has recovered quickly from the recent pull back.

Many of the placings are above the current SP which gives some cushion.

Buying below 6p is risk to upside imo.

Let’s see

Usual caveats

Trek