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Whale pharma company selling our product in the US and possibly worldwide. There is zero worry here. At £10 a pop, sell ten million and you have £100m in the bag. That’s in the first 1 month...
Hahaha. Indeed Oneknowns..... so f transparent these people
Now is the time to put feet up and let this do its thing for the next few weeks. We will have plenty of news of more shipments, more countries, and more $$$$$$ coming our way. I will assess in the coming weeks whether my initial target of between £4 and £5 is still appropriate, or whether I’m doing myself a disservice and need to up it. Thanks GDR for making us some
Money
Calm down boys. Can only lead to disappointment
now that's a good idea...
Preefty / Cwalsh - don't bother with replying to the sad muppet.....
awesome stuff boys. Come on you beauty. Let the money roll in....
Seriously, it’s mad here today. Highest close this month 1£.58. We are now at £1.30, a mere 13% lower than the highest close recently. Given it’s gone up 200 odd percent in two weeks, a wee cooling off period is needed. This gives time for sales to start rolling in (our out). This exact same thing happened to NCYT in their early days and I kick myself for not buying on that dip before it finally tripled on sales news.
Good luck. It doesn’t bother me mate, hope everyone makes some money.
PIface - BTC is below 50k. Plus, this is literally at the very beginning of its journey and absolutely nothing to support the £10m market cap. Apart from hype, of course.
nice pump and dump here. Take advantage if you can...
Someone wake me up when we reach 1p. Until then, this is just a long seated re-rate.
HeresHoping - that’s a shame, I think you’d look stunning in those bras ;);)
StarBright - some of your comments below makes me think you have no clue about valuations. Stick to your strengths perhaps...?
Oh, and for your info, a 50% rise in POG DOES NOT lead to doubling of profitability, which you mentioned earlier. Not unless the cost to extracting the gold also equally doubles. A 50% rise in POG would equate to multiple increases in profitability, which I clearly mentioned yesterday and which you clearly ignored as it doesn’t seem to suit your agenda
bhargav - hear hear
Starbright - POG before the sale of Buritica was maximum $1300. It is not $1,850. Assuming AISC has not increased that much, the same resource would now be worth another $550 per oz. Not sure why this is difficult to understand really, with the POG at these levels, and expected to go higher, all the increase is "profit" for whoever extracts that gold. Fine you can give away a little of it as AISC may be slightly higher now, but it won't be $550 higher. So my valuation stands, and if anything it is conservative. Happy to be corrected, but that's why earlier I asked whether there were any recent sales....
Thanks,
Value
blimey, people change tunes so rapidly in this bb....
LFT tests are useless, and only 50/60% accurate. I tested myself three time and it gave negative results, went for an official test and voila, positive.
Fly-bird - £10 testing is fine if the government pays for it. In the US, they have money to spare with the billions planned for COVID.
Normbeef - can you show any mines/resources sold off recently with the PoG at nearly $1900 for $100 per Oz? I know when PoG was $1000/1200 (with ASICS of $600/800 odd) the $100 per Oz was reasonable. I’d be surprised if resources don’t fetch $300/400 per Oz now.
If the resources here are 10m Oz and over, this will be minimum £3, maybe even more. It’s crazy to think this will only be worth £150/200m on resources of 10m (25% of it to OMI).
Not ideal having lost nearly 50% of our value from a high of 39, but am hoping to plough some more money here once a few others come good. Can’t go wrong with £20m market cap fir the potential here.