Start of a New Era ...., page-3

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conrad11

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19/03/25

10:45

Post #: 78324353
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Originally posted by JohnJ: ↑

Hey all,

Long suffering share holder here. I'm looking for a sanity/ logic check on my holdings.

We are waiting on two bulk mining permits for Wapiti and Fernie projects - expected before the start of the Canadian mining season.
This is before May.
The inclusion of Phosphates in the Canadian critical minerals strategy is considered to provide a tail wind to these applications.
The September report has around $7.1m in exploration and evaluation assets on the balance sheet.
Market cap is $1.75m
It is evident that the market has not priced-in successful permit applications and the news will be a predicator for a positive move.
If they don't get it, then this enterprise will have to wind up.
In the case of a re-rate, the realisation of the $7m (and change) assets should see a 4x increase in share price to book value (more if it goes beyond)
There will be limited processing of the phosphate (sold raw) with associated limits to value extraction through the supply chain.

Is anyone else out there thinking differently?

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Pretty much.
Been a super long time waiting for permits!
CP8 Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

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Last 2.5¢		Change -0.013(34.2%)		Mkt cap ! $7.669M

Open	High	Low	Value	Volume
3.7¢	3.7¢	2.4¢	$3.309K	117.9K

Buyers (Bids)

No.	Vol.	Price($)
2	16265	2.5¢

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Price($)	Vol.	No.
3.2¢	8529	1

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No.	Vol.	Price($)
2	16265	0.025
1	100000	0.023
1	45454	0.022
1	100000	0.019
1	70000	0.014

Price($)	Vol.	No.
0.032	8529	1
0.037	1000000	1
0.045	739954	3
0.050	100000	1
0.062	68	1

Last trade - 15.53pm 16/06/2025 (20 minute delay)

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