Member Info for Twiggysparks

£2 would see me moving to a Caribbean Island straight away!

What's happened to all the days messages?

Stubbornly refusing to break through 0.40.

I am fine with a takeover if it gives us shareholders a decent return. It may be a bit less in the long run but it would save the pain of watching it rise and knowing what a good exit point was.

My only real concern now is how they plan to raise the money to start mining and whether we will get heavily diluted just as the share price is starting to look up.

Hopefully they can fund it through other means with a few contracts behind them.

2-3p is the final target.

0.7 would value the company around two years of the profits they will make out of a 27 year mine licence.

True!

HL now offering 0.33!!

Dummy sell at HL just offered 0.35.

Yeah the HL app has it at 0.37 but online its 0.35.

Hargreaves Lansdown still have the bid down at 0.35 although they will offer 0.38 on a dummy sell. A bit weird that.

.378 on a dummy sell. Bid is still at 0.35.

Dummy sell gives me 0.364

£12m is effectively the annual profit we should make on the CS project in a single year, and the mine has an initial permit of 27 years.

Its crazy undervalued.

Its on the top 5 risers list at the moment.

Lets hope it stays there for the day?

I would be retiring if the SP was 33p!

I really hope they go down the route of JV or financing rather than a placing.

All sorts, one thing that was clear is that there is no formula to it. Most I looked at seemed to have market caps of around 4-6 times their annual revenue.

That would put SRES at a market cap of around $240m on the CS project alone.

I keep seeing mention of UFO, what's the best prospect do you think?

I am all in on SRES and don't have any liquidity to put anywhere else. I am a full ob SRES believer even if I don't seem it at times, I just get frustrated when the market moves a bit and then goes down.

Looking at the market cap of companies that turnover around what SRES should once it starts mining then the upside here is huge.

Well this share price isnt quite performing as expected, so much for that prediction of 0.44 from Zak Mir.

It's weird that the good news RNS has just led to a drop in the SP.