Member Info for turnkey17

Very very cheap

Tankers is >75% of broking desk and rates up like 3x O_O!

Anyone who can read the explosion in tanker shipping rates charts can see they are going to beat low forecasts now

Surprised down today when we know their current market conditions are very favourable

IMO

Dirty tanker rates through the sky!

This and clarkson in a great position

Happy happy days :)

8.7x eps

Complete tumbleweed :) just how I like it

Automated surveying will be a gamechanger

This now looks like a stranded and sub scale asset IMO. A revised PEA may actually be worse, it's possible. Depends on how the gold is dispersed etc

The messaging for a long time is that 1m absolute minimum, and 2m in reality is needed to get this interesting to acquirers.

Well now absolutely nowhere near... more money to be required... the story is poor now IMO

Are you taking the biscuit?

you are glad Landore has a CEO who only in October predicted the following. COMPLETELY WRONG?!

"... along with the impending updated MRE will, I believe justify a re-rating of the BAM Project by the market.""

Untenable position for him now IMO

Good to see patience getting rewarded again

Looks a bargain on 10X pe

Short tracker says they closed their short on Thursday?! i.e. panic day

Ceo bought £150k just rns

I asked chatgpt

"3. Low discount rates reflect long project lives

Engineers hate using 10–15% discount rates when modelling 20–30-year mines because:

high discount rates annihilate the tail

long-life assets would all look worthless

capital allocation would look irrational

you couldn’t compare a 12-year mine with a 30-year mine on any sensible basis

So 5–7% was adopted decades ago simply to allow meaningful comparisons across mine lives.

It’s not correct — it’s convenient.

4. It helps junior miners raise capital

Let’s be blunt:

If Greatland Gold published their headline NPV at 10%, the number might be half or less.

Investors anchor on headline NPV.

Management teams know that."

Imagine a mining company using an NPV of 5 on a project lol. Not even the best blue chips have a wacc of 5%. Absurd. Should be minimum NPV10