RE: Ransley29 Oct 2025 15:46
This is a high-risk, high-reward speculative bet—not for the faint hearted, At £2M mcap with no cash, it's essentially a lottery ticket on Ransley's ability to execute an RTO within 3–6 months. If he pulls it off (leveraging his TerraCom playbook), existing shares could see significant gains from speculation alone, amplified by mining sector tailwinds. However, the odds are 50/50 at best: many shells fail, and dilution/no-deal scenarios could wipe out value.
My Take: Worth a small punt if you're bullish on mining and tolerant of volatility, buy on dips below 0.25p for better entry.
Monitor for £1.5M raise news (key milestone). Avoid if you need liquidity or can't stomach 50–100% drawdowns.
Always DYOR