RE: GWMO13 Dec 2023 17:22
Let me try this!! Don't shoot me down though: In my opinion, taking the RNS in June reporting 31,000 tonnes of various forms of mine waste/ unprocessed ore on the surface (but following that RNS, there was much more found and reported which I don't include here), the value could be about USD2-3 million for the gravity separation period, and doubling that when leaching is completed. Up to you how to add this to the MC though..it's all about perceptions. It could perhaps double the current level.
If the copper JV and results of further Cu exploration drilling are positive, the value of the GWMO reserves could be v high of course...say north of USD400 million for a 30% retained equity in the Cu JV : this could imply a SP of GBP0.058 of course, but all that is just wild guesswork.
V hard to say but I would say USD100 million of total value for all Au and Ag (mined) would imply a total value north of about USD 500 million, and therefore an SP of about GBP 0.073. or about 15X result from today. BUT..pure guesses and could be way off!!
No idea at all about any rare earths as we know nothing much and therefore can't define anything concrete: there is also Uranium on the property.... which will be valuable one day too.
Please note I am using real GBP pricing and not GP divided by 10 as reported on the stock exchange!