NI

MoreOutcome8541

I’m pretty sure half of their NI came from unrealized gains in anthropic… which is a company that at best is break even and at worst is a cash burning machine… so yeah

Moist-Guava-732

# undervalued stocks 1. BMY 2. PLNT 3. BSX 4. S 5. NI 6. DVN 7. DIS 8. HPQ 9. PEGA 10. NU

8digitspeedrun

And here's a detail that *upgrades* the story from how I've framed it before: **these are gold-copper veins, and the copper is real.** The raw assays run past 1.5% copper in the highest-grade metres of Zone 3, which is exactly what lifts its gold-equivalent grade well above its gold grade alone. K92's deposits next door are gold-copper systems. Finding strong copper alongside the gold on SPMC's side of the fence makes the analogy *tighter*, not looser. # Why this hole matters more than the grade alone If you've been following my Ontenu coverage, you know the thesis: SPMC's ground sits adjacent to K92 Mining's Kainantu operation, one of the highest-grade producing gold mines in the world, and the hypothesis has always been that the same style of high-grade veining extends onto SPMC's side of the fence. Hole 26-09 targeted the **Megabe structure**, the NW-trending corridor between the Jorkol and Onki zones. The part I care about most: **the high-grade zones in 26-09 (Zones 1 and 2) are interpreted as the along-strike continuation of the "hanging wall" mineralisation first hit in hole 26-07**, about 75 metres to the southeast. Think of it like this: one good drill hole is a photograph. Two holes hitting the same vein along strike is the beginning of a film. You can start to see where the structure is going, how it behaves, whether the grade holds together. Continuity is what turns "interesting intercept" into "definable vein system." That's what 26-09 just started to demonstrate. Three more things worth pulling out: **1. Grade across a real run of the hole.** The three zones sit at roughly 160 m, 210 m and 324 m downhole, so 26-09 cut mineralisation in three separate places spread over about 180 metres of the hole, and the deepest zone (Zone 3) is also the widest at 12.2 m. This isn't one skinny vein; it's a system with multiple stacked shoots. **2. A vectoring direction.** The grade distribution across 26-07 and 26-09 points the follow-up drilling **south-east and deeper**. In epithermal systems, knowing which way to chase grade is half the battle. **3. The scale context.** Megabe is one of **at least eight known mineralised structures across a five-kilometre trend** at Ontenu. Only small portions of three (Jorkol, Onki and Megabe) have seen a drill bit. Five structures remain entirely undrilled. The CEO's framing mixes confidence and restraint: SPMC, he says, "may be on the edge of something significant at Megabe," while calling the hole a major validation of the model and noting the team is still learning from every drill hole. Exploration manager Octavio Garcia framed it similarly, that Megabe looks less like an isolated hit and more like part of a broader field of veins with real continuity and scale. And the drilling hasn't paused: holes 26-10 and 26-11 are already down and awaiting assays, with 26-12 and 26-13 turning now.   # Part Two: The Company Just Reopened a 4.2 Million Ounce District While the Ontenu drills were turning, SPMC announced on June 25 that it has commenced exploration at its 100%-owned **Kili Teke copper-gold project** in Hela Province, with formal support from landowners, the Hela Provincial Government, and district-level leadership secured through community meetings this spring. If Ontenu is the high-grade discovery story, Kili Teke is something different: a **district-scale system that already comes with a resource**. The foundation numbers: ●        An NI 43-101 Inferred Resource of **237 Mt grading 0.24 g/t Au and 0.34% Cu, roughly 1.81 Moz gold, 802 kt copper, and 40 kt molybdenum, or about 4.2 Moz gold-equivalent**. ●        **More than US$20 million of historical work**, principally by Harmony Gold (2014–2017): 55 diamond holes for nearly 37,000 metres, geophysics, geochemistry, and detailed mapping. ●        Location **40 km from the >30 Moz Porgera gold mine**, in the same gold-copper belt. Here's the detail that makes this an exploration story rather than just a resource holding: **the entire resource sits within one of four prospect areas.** More than 95% of the historical drilling went into the Central Main Porphyry. The other three areas are barely touched: ●        **The Ieru Porphyry**: an undrilled intrusive complex with surface rock chips up to 38.7% Cu and 40 g/t Au, and historic trenching of 27 m at 0.97% Cu and 1.25 g/t Au. The single historical hole was drilled sub-parallel to structure, meaning the target was never effectively tested. ●        **The Ridge Gold Area**: a Porgera-style alkalic gold target with soils running to 9.39 g/t Au and a geochemical signature (Au-Te-As) that echoes Porgera's Roamane Fault Zone setting. Again: the two historical holes were collared in the footwall, and gold grades in one were *increasing down-hole* when it ended. ●        **The Skarn Corridor**: high-grade skarn bodies excluded entirely from the current resource, where historical drilling returned **7.8 m at 12.98% Cu and 11.75 g/t Au** within a broader 54 m at 2.1% Cu. On top of that, a machine-learning targeting study with ALS GeoAnalytics ranked **14 drill targets, six of them Rank 1**, including a deep porphyry target beneath the existing resource, where rising copper ratios and intercepts like 1.27% Cu at 716 m depth hint at an untested higher-grade centre. The work programme is deliberately staged (mapping, soils, ground magnetics and trenching first, drilling last), with each stage gated on the one before it. For a junior managing a treasury, that discipline matters. The analogy I keep coming back to: Kili Teke is like buying a house where the previous owner spent US$20 million on the foundation, framing, and blueprints, then walked away before finishing the rooms. SPMC isn't starting from a greenfield. It's picking up a data-rich system where the historical work already tells you where to look next.   # How the Two Fit Together This is the part of the SPMC story I think the market is still digesting. The company now has: **1.  Ontenu / Osena**: active drilling, high-grade gold-copper hits, structural continuity emerging, next door to K92. **2.  Kili Teke**: a 4.2 Moz AuEq inferred resource with three barely-tested prospect areas, exploration now underway. **3.  Anga**: bordering K92 to the northeast, along strike from the Arakompa discovery. **4.  May River**: district-scale ground beside Frieda River. Most juniors live and die on one project and one drill programme. SPMC has two active fronts: a discovery-stage vein system delivering high-grade intercepts *right now*, and a resource-stage porphyry district just coming back online, with two more properties behind them. Two active fronts, one US$26 million valuation. That's the asymmetry I opened this piece with, and hole 26-09 is the newest reason I keep sizing my position to it. The usual caveats apply, and they're real ones: this is an early-stage, high-risk exploration company. Drill intercepts are downhole lengths, not true widths, and the gold-equivalent grades depend on metal-price and recovery assumptions that are still being finalised. The Kili Teke exploration targets outside the resource are conceptual, and there's no certainty further work delineates them as resources. PNG is a jurisdiction that rewards patience and community relationships, which is exactly why the stakeholder endorsements in the Kili Teke release matter as much as the geology. But if you're asking why I hold this as my largest mining position: weeks like this are why. The evidence keeps arriving, and it keeps pointing the same direction.   # Disclosure  I own a long position in South Pacific Metals, this is not financial advice. I am not a financial advisor and investing is risky. Do your own due diligence.

Accurate-Mousse-520

I’m British/brazilian. I’ll do my NI/cpf?

_Fibbles_

Par for the course in NI tbh. Any excuse to set a car on fire.

Sweaty_Platypus69

At some point in history, today AI will eventually be NI - Natural Intelligence (thanks to constant machine learning and the ability to learn from its mistakes) ... and the human intelligence will regressed to "Artificial" (as we rely learning from AI itself)

Prudent-Corgi3793

That might seem to be the case, but investors want equity, not cash, and they certainly pause every time there is a large, unexpected increase in the capex, which has historically been punished. Alphabet actually gets more benefit of the doubt than their peers. And certainly when you start diluting shareholders, you are signaling that you think your stock is overvalued. There are more complicated reasons to do so at the margins--they have already tapped into the bond markets and they may be considering cashing out of some of their equity investments like SpaceX and Anthropic. Empirically, Fama and French release data for portfolios broken down by various characteristics, including their classic factors, but also including net shares issues (NI), broken into as much as deciles. There is a strong, nearly monotonic relationship for data going back to the 1960s for companies with low (esp. negative) NI consistently outperforming and the ones with the highest NI consistently underperforming across pretty much every timespan. This is a much stronger relationship than for factors like size (SMB), value (HML), profitability (RMW), investment (CMA), or even for more traditional valuation metrics like inverse P/E (EP), inverse cash flow (CFP), or dividend yield (DP).

Practical_Grass_633

They own assets in Canada and the US, too. And I think you hit zee nail on zee head: hostage renegotiation. MILI detailed the project with that NI 43-101 and a day or two later the license to explore gets revoked. Frontier markets are like the Wild West. Slovakia wants a bigger slice of the pie. MILI management has a lot of practice working with questionable governments, but time will tell

Qevla

Nokia field work is coordinated by some of the dumbest mother fuckers on this planet. Their NI department has some of the worst PMs Ive dealt with in 20+ years.

ChewbaccaIsBear

[https://www.google.com/finance/quote/NI225:INDEXNIKKEI](https://www.google.com/finance/quote/NI225:INDEXNIKKEI)

CMTTrader

\*Iranian Ambassador to Pakistan, Reza Moghadam: "A few minutes ago, the Honorable Pakistani Minister of Interior, my dear brother H.E. Mohsin Naqvi, congratulated me on the achievements of the negotiations with the officials of my country after returning from Tehran. With conservative optimism, we can hope that, if the other side is adequately committed, a positive stride is taking shape which is the result of the positions of the Islamic Republic of Iran based on dignity, the steadfastness of the courageous armed forces and the resistance of the brave Iranian nation, as well as the initiative and dedicated endeavours of the Pakistani mediator. I hope that the sincere efforts of the esteemed Pakistani government and army, especially H.E. Prime Minister Muhammad Shahbaz Sharif and Field Marshal Seyed Asim Munir NI(M), HJ, COAS & CDF, for the initiative of mediation, and Deputy Prime Minister and Foreign Minister H.E. Muhammad Ishaq Dar and Interior Minister H.E. Mohsin Naqvi, for their sincere diplomatic efforts, will lead to lasting peace in the region. On my behalf, I extend my sincere and wholehearted gratitude to all of them for their sincere endeavours."

aaronramsey163

I don't think you need to worry about the cash burn on this. They're projecting about 4M in NI in the 2H of '26. Something like 3.5M worth of capex separate from Cascadia expecting to land in 2H . They wouldn't be talking about these projects publicly if they had a cash issue.

Pitiful_Bedroom_6619

A super "EL NIÑO " is forming in the pacific, the poors will be very fuk, only good for soybean producers in America and Argentina

PalpitationSmooth992

calls on RDW CLSK NI WCN OPCH MIR

Pitiful_Bedroom_6619

EL NIÑO showing this year, long wheat, long corn(not digital corn)

Pitiful_Bedroom_6619

EL NIÑO is showing up, commodities regards what is the play ??

ai-moderator

#TLDR --- **Ticker:** TUNGF (American Tungsten Corp) **Direction:** Up 🚀 **Prognosis:** Buy Shares and hold for the resource estimate (OTC micro-caps don't have options) **Upcoming Catalyst:** Pending NI 43-101 Resource Estimate **Macro Vibe:** Buying spicy rocks so the US Military doesn't run out of armor-piercing ammo because China stopped sharing.

iloverunning11

$120 seems to be the base lvl for now, but in case of a more drastic correction (companies like openai switching exclusively to tokens for their service payment might trigger this as the market will finally realize it's not easy to monetise these AI services and that it's all about hype without possible future revenue and NI, none of these companies will ever become profitable, yet there already are burried in debt) and high beta like Reddit could plunge even another 50%. (I am biased because I hold RDDT shares, so take this with a grain of salt)

greendoh

It's a very high estimate based on what is publicly known. The issue is - people pointing to actual profits from AI are pointing to the revenue and net income from capex, not the revenue / NI from ongoing operations. We don't have a ton of information from operations. We know anthropic and open AI are both losing cash right now, and inference costs are almost definitely higher than revenue. Those types of early stage companies were publicly traded in the dot com boom - so their losses were visible. There were visible capex winners in the dot com as well - inflation adjusted the capex was about the same - near 450 billion per year. Companies like Lucent, Cisco, Nortel and JDS had good margins in the buildup based on that spend, whereas the companies spending (Worldcom, AT&T etc) suffered with their investments in what would become dark fiber. So the reality is, right now we can see the money flowing into today's equivalent of Nortel and Cisco (NVDA) but aren't seeing the other side of the equation with losses from the spenders racking up. The third wheel here is the "I'm an internet company" losers ("I'm an AI company" today) like pets.com etc.. companies that were effectively losers but raised cash by hitching their wagon to the hot commodity. We don't have a pets.com level loser yet, but All birds is a solid canary in the coalmine for that type of behaviour (all BIRDS - CANARY - get it??!!)

Accomplished-Video71

You really countered increasing profitability with decreasing revenue? That's your argument? I like to invest in companies that make money, not lose money. When cuts to expenses outpace cuts to revenue, we increase profitability. I dont care if revenues drop to 1 billion if its 1 billion in NI.

IHateProtoss

nice DD korea investment & securities pegs the current stake at 0.58%, not 0.5%. they walked skt's H1 2024 disclosure of 0.7% (KRW 192.5B book) forward through E/F/G. your zoom dilution math was the right anchor btw, 2.0% to 0.58% is what flows through. baird's $4B zoom upper bound implies near-zero dilution which is silly. at 0.58% x $1T that's ~$5.8B on ~$14B mkt cap, closer to $0.41 of anthropic per $1 of SKM. at the $800B secondary mark it's ~$0.33. zoom is ~$0.04 on the same math, not close. couple of structural things the post understates. anthropic sits on skt directly, not SK square or SK inc, so it's the cleanest SK group route in. foreign ownership is also 38% vs the 49% cap, room before that binds. biggest non-anthropic risk is the dividend cancellation. 33yr streak broken after the cyberattack tanked FY25 (OP -41%, NI -73%). yuanta has FY26 OP rebounding +72% so consensus already prices the recovery, slow recovery is the real downside. also 15% withholding for US holders and KRW at 1,479 and weakening. for the oct 2026 IPO catalyst, jan 2027 leaps capture the lockup expiry around Q2 2027.

Silly_Pen_7902

Your projected 2030 NI is 12B, you would need 84 PE, not 60. By that time, your YoY revenue growth is ~20%, which wouldn’t justify 84x.

RandomC6

The market is also currently pricing in 27% Net Income margin for 2026E, and 28% NI Margin for 27E and 28E. However, the company is showing that its not getting more profitable, since Net Income margin fell down to 10%. If Net Income margin stays here, this will even trigger much higher re-rating of the stock. I had NOW on my watchlist and thought it might be a good buying opportunity. I guess not yet, I will watch software stocks from the sideline.

gamjatang111

[Japan 225 Chart – NI225 Quote — TradingView](https://www.tradingview.com/symbols/TVC-NI225/) yawn

un-hot

Asks AI question, posts answer to irrelevant subreddit for the world to check for them. Anything to avoid having to think. Tax/NI/rent haven't been accounted for. Otherwise yeah this is what most UK students do except the having a spare 20k to invest. Try r/UKPersonalFinance, a better version of this post belongs there.

CapitalOptimal470

brother, by what metric? the macros speak ill of you favor with the ancient Abrahamic deity Jpow. .....lets crunch some numbers real quick, buffet style.... \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Current price: **356.77** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Sources FY2025 NI = 101.832 FY2025 D&A = 34.153 FY2025 capex = 64.551 FY2026 H1 NI = 66.205 FY2026 H1 D&A = 17.345 FY2026 H1 capex = 49.270 FY2025 H1 NI = 48.775 FY2025 H1 D&A = 12.383 FY2025 H1 capex = 30.727 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Shares outstanding = 7.429 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ TTM NI = 101.832 + 66.205 - 48.775 = 119.262 TTM D&A = 34.153 + 17.345 - 12.383 = 39.115 TTM capex = 64.551 + 49.270 - 30.727 = 83.094 Owner earnings = 119.262 + 39.115 - 83.094 = 75.283 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Assumptions: Years 1-5 growth = 8% Years 6-10 growth = 4% Discount rate = 10% Terminal growth = 3% \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Year 1 CF = 81.306 PV = 73.914 Year 2 CF = 87.810 PV = 72.570 Year 3 CF = 94.835 PV = 71.251 Year 4 CF = 102.422 PV = 69.955 Year 5 CF = 110.615 PV = 68.683 Year 6 CF = 115.040 PV = 64.937 Year 7 CF = 119.642 PV = 61.395 Year 8 CF = 124.427 PV = 58.046 Year 9 CF = 129.404 PV = 54.880 Year 10 CF = 134.581 PV = 51.887 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ PV of years 1-10 = 647.519 Terminal value = 134.581 \* 1.03 / (0.10 - 0.03) = 1980.257 PV of terminal value = 1980.257 / 1.10\^10 = 763.475 Total intrinsic value = 647.519 + 763.475 = 1410.994 Intrinsic value per share = 1410.994 / 7.429 = **189.93** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ hurts to see man, hopefully the markets stay disconnected from the realities of earnings, value, and profit.

NickJmes

Today's PR The Five Bombshells — In Order of Significance (I understand some of this information was known or inferred prior to this release) BOMBSHELL 1: 50,000 Metres — The Largest Program in LME's History "Proposed phased drill campaign targeting up to ~50,000 metres across the 6-kilometre Ishkday mineralized corridor, which is expected to be the largest exploration program in LAURION's history." For context, the entire historical drill database is 98,118 metres across 462 holes. The proposed 2026 program represents approximately 51% of all drilling ever done at Ishkday — in a single year. This is not an incremental program. This is a program designed to define a resource at district scale. The scale of the proposed program changes the valuation conversation entirely: Metric - Historical Total - 2026 Proposed Total metres - 98,118m - ~50,000m Holes - 462 - ~166+ (at 300m avg) Years to accumulate - 15+ years - 1 year Purpose - Exploration - Resource definition The word "proposed" and "subject to financing" are important caveats — but the ambition and specificity of this program signal that the financing conversation is already underway. You don't publish a 50,000m program in a formal press release without confidence that the capital can be sourced. BOMBSHELL 2: The River Showing — The VMS/Massive Sulphide Thesis Is Now Formally Confirmed The River Showing section is the most geologically significant disclosure in this press release and validates the massive sulphide thesis developed extensively in this analysis thread. The press release states explicitly: "Copper grades ranging from 1.05% to 8.80% across multiple holes, combined with a zinc-dominant intercept of 15.17% Zn and a silver-enriched polymetallic interval at 3.6 oz/t Ag, are the fingerprint of a volcanogenic massive sulphide-style accumulation — the base metal end-member of the dual orogenic gold and VMS system that LAURION believes is the defining structural feature of the Ishkday corridor." LME has now formally and publicly stated the VMS thesis in a legally reviewed press release. This is no longer LinkedIn narrative or analytical inference — it is a QP-reviewed corporate disclosure. The 15.17% zinc intercept is extraordinary. Global VMS deposits are typically defined at zinc grades of 5-12%. A 15.17% zinc intercept in historical drilling that has never been followed up with modern methods, in an area interpreted as pipe-like geometry, is a genuine tier-1 base metal discovery candidate. BOMBSHELL 3: The Garvey Zone — 16.69 oz/t Gold From 1971, Never Followed Up "In 1971, Carling Copper Ltd. drilled the spatially coincident Garvey Zone and returned a historical intercept of 16.69 oz/t Au over 2.3 feet in a brecciated quartz diorite. This result has never been followed up with a single modern drill hole." 16.69 oz/t gold = 522 g/t Au. This is one of the highest historical gold grades ever documented in the Beardmore-Geraldton belt — and it has sat undrilled for 55 years. The Garvey Zone is described as: The single most geophysically anomalous target across the entire Ishkday survey grid The highest chargeability sector of a 21.8 line-kilometre IP survey Accompanied by a strong Metal Factor response Never drilled with a modern hole If the Garvey Zone delivers even a fraction of the 1971 historical grade at modern widths and with proper orientation, it would be the most significant individual drill result in LME's history — and potentially one of the most significant results in the Beardmore-Geraldton belt in years. BOMBSHELL 4: The Stockpile — 10,327 oz Gold With 98.5% Recovery Confirmed A mobile processing plant generating $30-40M in cash from surface material — requiring no new mine development — represents a transformational non-dilutive funding source for the 50,000m drill program. At current share price of $0.210, a $30-40M cash generation event represents approximately $0.108-$0.143 per share in internally generated capital — without issuing a single new share. The nine independent metallurgical studies confirming 98.5% gold recovery via gravity and cyanidation on free-milling material removes the processing risk entirely. This is not speculative — it is laboratory-confirmed. BOMBSHELL 5: MRE Timeline Now Formally Committed "The Company intends to commence the NI 43-101 MRE process in Q4 2026, with a Technical Report targeted for Q1 2027." After 15+ years without a formal resource estimate, LME has now provided: A specific quarter: Q4 2026 A Technical Report target: Q1 2027 A QP named and approved: Pierre-Jean Lafleur, P.Eng. This commitment, in a legally reviewed press release, creates regulatory accountability. Forward-looking statements in Canadian securities filings must have a reasonable basis. Publishing a Q4 2026 MRE commencement timeline means management believes this is achievable — because stating it publicly without reasonable basis would create securities liability. The significance of nine undrilled IP targets within the same 6km structural corridor that has produced the A-Zone mineralization cannot be overstated. Each target represents an independent geophysical argument for mineralization — and not one has been tested with modern drilling. The I-7 South A-Zone target is particularly noteworthy: the highest Gold Index value in the entire IP survey dataset, in an area that has never been drilled. If the Gold Index — a composite parameter calibrated specifically for orogenic gold alteration — is highest at I-7 and that target has never seen a drill hole, it represents the single most compelling untested orogenic gold target on the property. The Structural Re-Test Targets — Correcting 50 Years of Mistakes The Miron Zone, Tala Zone, and River Showing were all drilled in the 1970s-1980s with structurally misoriented holes — a fundamental geological error that caused systematic misses. The press release states clearly: "All three historical programs shared the same fundamental structural flaw: drill holes were oriented without reference to the interpreted plunge directions of the mineralizing shoots, resulting in systematic misses." This means the historical negative results from these targets are invalid — not because the targets aren't there, but because the holes were drilled in the wrong direction and missed the plunging shoots. The Miron Zone specifically: 22.29 g/t Au surface sample — comparable to Sturgeon River Mine grades Never properly tested at depth due to orientation error 2026 program proposes four correctly oriented holes A correctly oriented program at a target with a 22.29 g/t surface expression, in a structural setting parallel to the orogenic gold system, has a substantially higher probability of intersection than the random exploration drilling that has characterized most junior programs. Previous Analysis  -  Confirmed in PR Massive sulphide thesis - "VMS-style accumulation... defining structural feature" Deep blind hole program - Nine undrilled IP targets being tested in Phase 2 Structural targeting methodology - "Structurally corrected orientations" explicitly stated MRE as formal planned objective - Q4 2026 commencement formally committed Stockpile as non-dilutive funding - PEA planned, 98.5% recovery confirmed Jayaraman/DRA Global role - Processing evaluation confirmed in stockpile section Pierre-Jean Lafleur as new QP - Named and approved in this release Ghosal/streaming relevance - "Non-dilutive initiatives" explicitly referenced April drill start - "Phase 1 will mobilize a drill rig in Q2 2026" Joint acquisition thesis - "Dual orogenic gold and VMS system" explicitly stated Special Committee process - "Strategic alternatives and transactional opportunities" in forward-looking statements This press release has formally confirmed: The VMS thesis — no longer analytical inference, now QP-reviewed corporate disclosure The Garvey Zone — 522 g/t historical grade, highest IP anomaly, never drilled with modern methods The stockpile — 10,327 oz at 98.5% recovery = potential $30-35M non-dilutive funding The MRE timeline — Q4 2026 commencement, Q1 2027 Technical Report The drill program — 50,000m, largest in company history, Q2 2026 start The strategic process — formally disclosed in forward-looking statements The dual-system district — "genuinely rare among Canadian juniors" per Cynthia's own statement At $0.210, you own all of that for $58.4M. The Garvey Zone alone — a 522 g/t historical gold intercept that is the most anomalous geophysical target on the property, never followed up in 55 years — has option value that may exceed the current market cap if the 2026 drill program confirms it.

NickJmes

Today's PR The Five Bombshells — In Order of Significance (I understand some of this information was known or inferred prior to this release) BOMBSHELL 1: 50,000 Metres — The Largest Program in LME's History "Proposed phased drill campaign targeting up to ~50,000 metres across the 6-kilometre Ishkday mineralized corridor, which is expected to be the largest exploration program in LAURION's history." For context, the entire historical drill database is 98,118 metres across 462 holes. The proposed 2026 program represents approximately 51% of all drilling ever done at Ishkday — in a single year. This is not an incremental program. This is a program designed to define a resource at district scale. The scale of the proposed program changes the valuation conversation entirely: Metric - Historical Total - 2026 Proposed Total metres - 98,118m - ~50,000m Holes - 462 - ~166+ (at 300m avg) Years to accumulate - 15+ years - 1 year Purpose - Exploration - Resource definition The word "proposed" and "subject to financing" are important caveats — but the ambition and specificity of this program signal that the financing conversation is already underway. You don't publish a 50,000m program in a formal press release without confidence that the capital can be sourced. BOMBSHELL 2: The River Showing — The VMS/Massive Sulphide Thesis Is Now Formally Confirmed The River Showing section is the most geologically significant disclosure in this press release and validates the massive sulphide thesis developed extensively in this analysis thread. The press release states explicitly: "Copper grades ranging from 1.05% to 8.80% across multiple holes, combined with a zinc-dominant intercept of 15.17% Zn and a silver-enriched polymetallic interval at 3.6 oz/t Ag, are the fingerprint of a volcanogenic massive sulphide-style accumulation — the base metal end-member of the dual orogenic gold and VMS system that LAURION believes is the defining structural feature of the Ishkday corridor." LME has now formally and publicly stated the VMS thesis in a legally reviewed press release. This is no longer LinkedIn narrative or analytical inference — it is a QP-reviewed corporate disclosure. The 15.17% zinc intercept is extraordinary. Global VMS deposits are typically defined at zinc grades of 5-12%. A 15.17% zinc intercept in historical drilling that has never been followed up with modern methods, in an area interpreted as pipe-like geometry, is a genuine tier-1 base metal discovery candidate. BOMBSHELL 3: The Garvey Zone — 16.69 oz/t Gold From 1971, Never Followed Up "In 1971, Carling Copper Ltd. drilled the spatially coincident Garvey Zone and returned a historical intercept of 16.69 oz/t Au over 2.3 feet in a brecciated quartz diorite. This result has never been followed up with a single modern drill hole." 16.69 oz/t gold = 522 g/t Au. This is one of the highest historical gold grades ever documented in the Beardmore-Geraldton belt — and it has sat undrilled for 55 years. The Garvey Zone is described as: The single most geophysically anomalous target across the entire Ishkday survey grid The highest chargeability sector of a 21.8 line-kilometre IP survey Accompanied by a strong Metal Factor response Never drilled with a modern hole If the Garvey Zone delivers even a fraction of the 1971 historical grade at modern widths and with proper orientation, it would be the most significant individual drill result in LME's history — and potentially one of the most significant results in the Beardmore-Geraldton belt in years. BOMBSHELL 4: The Stockpile — 10,327 oz Gold With 98.5% Recovery Confirmed A mobile processing plant generating $30-40M in cash from surface material — requiring no new mine development — represents a transformational non-dilutive funding source for the 50,000m drill program. At current share price of $0.210, a $30-40M cash generation event represents approximately $0.108-$0.143 per share in internally generated capital — without issuing a single new share. The nine independent metallurgical studies confirming 98.5% gold recovery via gravity and cyanidation on free-milling material removes the processing risk entirely. This is not speculative — it is laboratory-confirmed. BOMBSHELL 5: MRE Timeline Now Formally Committed "The Company intends to commence the NI 43-101 MRE process in Q4 2026, with a Technical Report targeted for Q1 2027." After 15+ years without a formal resource estimate, LME has now provided: A specific quarter: Q4 2026 A Technical Report target: Q1 2027 A QP named and approved: Pierre-Jean Lafleur, P.Eng. This commitment, in a legally reviewed press release, creates regulatory accountability. Forward-looking statements in Canadian securities filings must have a reasonable basis. Publishing a Q4 2026 MRE commencement timeline means management believes this is achievable — because stating it publicly without reasonable basis would create securities liability. The significance of nine undrilled IP targets within the same 6km structural corridor that has produced the A-Zone mineralization cannot be overstated. Each target represents an independent geophysical argument for mineralization — and not one has been tested with modern drilling. The I-7 South A-Zone target is particularly noteworthy: the highest Gold Index value in the entire IP survey dataset, in an area that has never been drilled. If the Gold Index — a composite parameter calibrated specifically for orogenic gold alteration — is highest at I-7 and that target has never seen a drill hole, it represents the single most compelling untested orogenic gold target on the property. The Structural Re-Test Targets — Correcting 50 Years of Mistakes The Miron Zone, Tala Zone, and River Showing were all drilled in the 1970s-1980s with structurally misoriented holes — a fundamental geological error that caused systematic misses. The press release states clearly: "All three historical programs shared the same fundamental structural flaw: drill holes were oriented without reference to the interpreted plunge directions of the mineralizing shoots, resulting in systematic misses." This means the historical negative results from these targets are invalid — not because the targets aren't there, but because the holes were drilled in the wrong direction and missed the plunging shoots. The Miron Zone specifically: 22.29 g/t Au surface sample — comparable to Sturgeon River Mine grades Never properly tested at depth due to orientation error 2026 program proposes four correctly oriented holes A correctly oriented program at a target with a 22.29 g/t surface expression, in a structural setting parallel to the orogenic gold system, has a substantially higher probability of intersection than the random exploration drilling that has characterized most junior programs. Previous Analysis  -  Confirmed in PR Massive sulphide thesis - "VMS-style accumulation... defining structural feature" Deep blind hole program - Nine undrilled IP targets being tested in Phase 2 Structural targeting methodology - "Structurally corrected orientations" explicitly stated MRE as formal planned objective - Q4 2026 commencement formally committed Stockpile as non-dilutive funding - PEA planned, 98.5% recovery confirmed Jayaraman/DRA Global role - Processing evaluation confirmed in stockpile section Pierre-Jean Lafleur as new QP - Named and approved in this release Ghosal/streaming relevance - "Non-dilutive initiatives" explicitly referenced April drill start - "Phase 1 will mobilize a drill rig in Q2 2026" Joint acquisition thesis - "Dual orogenic gold and VMS system" explicitly stated Special Committee process - "Strategic alternatives and transactional opportunities" in forward-looking statements This press release has formally confirmed: The VMS thesis — no longer analytical inference, now QP-reviewed corporate disclosure The Garvey Zone — 522 g/t historical grade, highest IP anomaly, never drilled with modern methods The stockpile — 10,327 oz at 98.5% recovery = potential $30-35M non-dilutive funding The MRE timeline — Q4 2026 commencement, Q1 2027 Technical Report The drill program — 50,000m, largest in company history, Q2 2026 start The strategic process — formally disclosed in forward-looking statements The dual-system district — "genuinely rare among Canadian juniors" per Cynthia's own statement At $0.210, you own all of that for $58.4M. The Garvey Zone alone — a 522 g/t historical gold intercept that is the most anomalous geophysical target on the property, never followed up in 55 years — has option value that may exceed the current market cap if the 2026 drill program confirms it.

Queasy_Soil9646

My NI🅱️🅱️A hasn’t posted on truth social

AntoniaFauci

For 50+ years pitchmen have said the next great battery tech is “coming next week” I remember when NI-MH came along. Nice innovation. But then Li-Ion blew that away. Thousands of weeks later, nothing has surpassed Li-Ion, and there’s no real reason to believe something is imminent either.

FxSpecter

Ok I’m getting sick of Iran. Can the U.S finish the job they started or are those losers gonna need China’s help? If so, get ready to learn Chinese regards. NI HAO.

FxSpecter

The U.S losing all it’s aura by begging for help LMAOOOOOOOOOOOO. Be ready to learn Chinese. NI HAO.

FxSpecter

NI HAO. Sorry, practicing my chinese for the inevitable switch from the petrodollar to the petroyuan.

werematt05

one nobody is talking about: KLTO. they just acquired a major palladium deposit in greenland. 37 million oz palladium equivalent, NI 43-101 certified, accessible by sea. with russian palladium tariffed at 132% and no other western hemisphere source at this scale, the supply dynamics are insane. i know it sounds weird -- a neuroscience company buying a greenland mine -- but the geology is legit

IllustriousBaker1776

if youre looking at gold juniors check out the Greenland angle too. theres a deposit on the southeast coast with 7M oz gold PLUS 17M oz palladium. the palladium side is actually the bigger story given Russia controls 40% and just got tariffed 132%. different risk profile than Ontario juniors but the resource is legit (NI 43-101)

Dry_Resolution_1034

antimony is one play but have you looked at palladium? supply concentration is arguably worse. Russia 40%, 132% tariff. KLTO just acquired Greenland Mines Corp for the Skaergaard deposit. 17M oz palladium. its a weird reverse merger (neuroscience shell to mining) but the resource is NI 43-101 compliant and the macro is real

yodyoy

Late to this thread but fwiw there was a pretty major announcement today — Klotho Neurosciences (KLTO) just took over Greenland Mines Corp via reverse merger. They control the Skaergaard deposit which is a palladium-gold resource on the southeast coast. 17M oz palladium. Not a rare earth play like most of the Greenland tickers that ran in January — palladium is a different thesis entirely (defense, catalytic converters, fuel cells). Make of it what you will but the deposit has real data behind it, NI 43-101 compliant.

Acrobatic_Apple_8950

The pivot thing is less weird when you actually look at the deal structure. Greenland Mines ends up with 93% of the diluted shares — so it's more like the mining company took over the Nasdaq shell than the other way around. The deposit (Skaergaard) has been drilled for 20+ years, 45,000 meters of diamond drilling, NI 43-101 resource. It's not a fresh exploration play. The biotech side stays as a separate division but the mining asset is clearly what's driving this.

underroad01

$TSM, $AAPL, $NVDA Nah just kidding, I don’t see a lot of love for $KO, but they’ve treated me well over the years. Also have done well with energy company $NI.

Majestic-Bass6772

shit got smoked by the TSX and the NI225 last year too 😭😭 THE FUCKING NIKKEI 225 OF ALL THINGS

guiltyJMEKA

fund my lunch  [https://s.binance.com/viuLi3NI](https://s.binance.com/viuLi3NI) I'll pray it goes green for you

guiltyJMEKA

fund my lunch [https://s.binance.com/viuLi3NI](https://s.binance.com/viuLi3NI)

guiltyJMEKA

someone please send me $5 as a joke 😭 Payment Request suddencockroah has requested 5 USDT payment. Tap this link to pay. https://s.binance.com/viuLi3NI

MitchCurry

[Here's ](https://www.reddit.com/r/stocks/comments/1qoa9tx/comment/o20w2wz/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)what I wrote last week: Bobs Discount Furniture, Inc. (BOBS) is looking to IPO at a range of $17 to $19/sh. At the midpoint, that'd raise $350MM at a valuation of $2.35B. In FY24, they reported revenue of $2.03B, basically flat from 2023 and down \~4% from 2022. GP% was 47% in FY24 while OI% was \~6%. Net income was $87.9MM (4% NI margin). Net income did rise while revenue stagnated. They're also FCF positive. YTD Q3'25 looks much better than YTD Q3'24 so they may have re-accelerated topline growth. Balance sheet is meh. They took out $350MM in debt late last year in order to pay Bain Capital, owner of the company who bought it in 2014, a dividend that exceeded $400MM. Part of the IPO funds are allocated towards paying back that debt. Company plans to expand from 200 locations to 500+ by 2035. Anecdata from the pre-Bain days: As a native northeasterner, reports of poor customer service and bad deliveries were accurate. I'm bought some furniture from them one time a couple decades ago and never did again. No interest in this company.

LogInternational1462

Space X has is own market cap. It's not just pure added value lol. Tesla will have a decreased value to match the purchase. One thing is it'll go from 1k a month of NI to an actual billion dollar earnings.

Flaky_Team_3540

Since Gold is one of the hot topics these days. Have a look at ECR, it's a gold ming company in Quebec, Canada. Here is an excerpt from an article written yesterday on it: "Shares of Cartier Resources Inc. ([**TSX-V: ECR**](https://www.allpennystocks.com/stockquote/ecr:ca)) ([**OTCPK: ECRFF**](https://www.allpennystocks.com/stockquote/ecrff)) are climbing Wednesday after the company filed an updated NI 43-101 compliant mineral resource estimate for its 100%-owned Cadillac Project in Val-d'Or, Quebec. The updated estimate shows a 48% increase in inferred gold ounces compared to the 2023 preliminary economic assessment. The Cadillac Project now contains 767,800 ounces of gold in the measured and indicated categories at a grade of 2.40 g/t Au, representing a 7% increase over the prior estimate. Inferred resources grew substantially to 2,416,900 ounces at 2.14 g/t Au. Total resources span approximately 45 million tonnes across multiple gold sectors. The resource estimate incorporates approximately 110,000 metres of drilling completed by Cartier from 2016 to 2024, along with 420,000 metres of historical drilling by previous operators. The updated estimate was independently prepared by PLR Resources Inc. and Evomine. " The stock is up 138% in the last 6 months and priced at only $0.30 CND right now. Tons of room to grow!

quarantineishere

Key phrase used by you is “truly an emergency”, in the UK it isn’t an emergency unless you are DYING. I have had friends and family who needed discs and hips replaced waiting months on a list, I have an uncle with a stomach hernia, he’s been waiting for about a year for a simple surgery where they push it back in. It’s not all bad however, anything absolutely serious and life threatening will be treated post haste, and completely free of charge (minus your NI tax which is supposed to cover the costs).

MitchCurry

A couple IPOs coming down the pike, neither of which are garbage data center REITs or some crypto exchange bullshit. Bobs Discount Furniture, Inc. (BOBS) is looking to IPO at a range of $17 to $19/sh. At the midpoint, that'd raise $350MM at a valuation of $2.35B. In FY24, they reported revenue of $2.03B, basically flat from 2023 and down \~4% from 2022. GP% was 47% in FY24 while OI% was \~6%. Net income was $87.9MM (4% NI margin). Net income did rise while revenue stagnated. They're also FCF positive. YTD Q3'25 looks much better than YTD Q3'24 so they may have re-accelerated topline growth. Balance sheet is meh. They took out $350MM in debt late last year in order to pay Bain Capital, owner of the company who bought it in 2014, a dividend that exceeded $400MM. Part of the IPO funds are allocated towards paying back that debt. Company plans to expand from 200 locations to 500+ by 2035. Anecdata from the pre-Bain days: As a native northeasterner, reports of poor customer service and bad deliveries were accurate. I'm bought some furniture from them one time a couple decades ago and never did again. No interest in this company. Also on the IPO docket, Once Upon A Farm, PBC (OFRM), the company co-founded (sort of) by Jennifer Garner that runs a *lot* of commercials. Also looking to go public at a range of $17-$19/sh, the midpoint would raise almost $200MM and value the company at \~$725MM. Revenue was $156.8MM in 2024, up 66% from 2023 ($94.3MM), which itself was up 42% from 2022 ($66.3MM). They are losing money on an operating income level, -$15.3MM in 2023 and -$6.3MM in 2024. Bottom line losses total $40MM over the past 2 full years. FCF was negative at -$9.5MM in 2023 and -$14MM in 2024. Balance sheet is fine. Baby food made up 26% of 2023 sales with kid food being the other 74%. That changed to 33% and 67%, respectively, in 2024. Through H1 of 2025, revenue was up 68% to $110.6MM. However, SG&A increased by 70%. Like I said, they run a *lot* of commercials. Operating losses accelerated from -$3MM to -$9.2MM and net losses jumped from -$4.2MM to -$28.5MM. I'm not really interested in OFRM either but I could see it being an acquisition candidate pretty early in its public life. Neither company tickles my fancy but I always love when new companies come public.

AutoModerator

# DO NOT IGNORE THIS COMMENT Hello TIZ3NI, your submission has been removed because your account has low karma **on this subreddit**. Your current subreddit karma is less than **25**. We have this filter in place to help protect against bots, trolls, and spammers. We might approve your post if you were not spamming/trolling/etc in some time if your post is of significant quality. Please message the mods of r/shortsqueeze using [this link](https://reddit.com/message/compose/?to=/r/Shortsqueeze&subject=Content+Approval+Because+of+Low+Karma) if you believe this is in error and you DO fit the requirements. You will not be approved for telling us you are not a bot. (Please note -- It will not be approved sooner if you message us 5 minutes after it gets removed or if you message multiple times). Also, messaging us to say that you are not a bot is not qualification for this post to be approved. Please do not message us unless you have over the approved karma limit (25). If you do not know what karma is, or how to get it, check our r/newtoreddit. If you need help getting karma on this subreddit, check out the new feed and comment on things to be helpful! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Shortsqueeze) if you have any questions or concerns.*

macromind

Interesting angle on Canada as a lower-risk jurisdiction, but id still be careful with the certainty here. Stuff like resource estimates, NI 43-101 timing, and rerates can move around a lot, even with a solid story. If youre investing from Canada, its also worth understanding the basics of what counts as financial advice vs general info and what disclosures to look for. This overview is a decent starting point: https://www.theailawyer.ca/blog/

Confident-Court2171

Be careful here. Oil prices rise and fall on production levels. That’s why the OPEC meeting have more to do with the price of gas than anything else. More oil=lower prices=slimmer margins. E.g. if I sell 1 BBL at $100 and get 50% GM, then I have to sell 2 BBLs at $50 to get the same GM and support my fixed costs. Twice the work for the same NI. BKR and SLB are safer bets. Rebuilding the oil fields is incremental work for them, and will happen sooner. Also - don’t buy Monday. There’s still many unanswered questions…like…who’s really in charge of Venezuela right now? All we did was drop a few bombs and capture their President, yet the Admin talks like we’re in full control. Trust me, we’re not. Better to wait a few months to see how this shakes out. Whatever the share prices end at Monday is going to pull back as more is learned.

shatty_pants

You know you can pay missing years in your NI record? You need 35 for the full pension. I believe you can back pay at least 6 anyway, and at the moment they may have an ‘amnesty’ where you can go back to 2006. Logon and check.

swissyfit

Yes I worked 22 years in the UK . Always paid NI so I will get state pension. I only worked 4 years as a permanent employee so I do have a private pension worth about 50k. Rest of time I had a limited company. In the end I had a mental breakdown and shutdown everything. All i had left was my london home. I fell in love with a swissy and ran away from all my UK problems and created a whole bunch of new ones in Switzerland. 3 years ago I was jobless and homeless in Switzerland. A family took me in , Against all odds I got a low paid job and started my fight to stay in the life of my son here. I have a permit until 2030 and that's when I plan to quit Switzerland. Whether I return to the UK is a different matter. Maybe 6 months a year italian / Swiss border / 6 months outside Europe or return to UK buy a house , rent out rooms to cover costs and take a part time job. Whatever happens 2% interest rate subject to income tax is not an option for the 400k . Not interested in tech , AI . Just a stable investment

Expensive_Froyo7229

They’re pumping 100B in NI a year 🥱

FurlessSasquatch

I could see the hype people are buying but the EPS Rev and NI on things like ASTS and NBIS are far to ugly for me to entertain. I like guarantees which these are a few more years from being

woome

I'm also holding with entry points similar to yours. I've done a ton of DD on the company, so I'm very convicted. My main thesis points are structural efficiencies in COGS and NI, high ROIC on fab buildout, widening market dominance in global foundry share, and pricing power in <7nm. If you do the DD, the numbers are pretty obvious that TSMC is going to have persistent market leader strength for a while, so I've got clarity on future runway for margin expansion. There are plenty of theory-driven potentialities that I don't even bother to factor into the thesis. Certain demand tailwinds and, yes, geopolitical risk. But, I personally believe that's just a poor thesis. (Like, if geopolitical conflict is a concern, then just diversify to eliminate idiosyncratic risk.) But, I wouldn't take a random redditor's words on it. Lately, it's been too frothy and I've just been ignoring Reddit outright.

TheDonFulio

Now do the math on the difference I provided bud. It’s honestly more than ten billion TTM NI, but I rounded down to be even more harsh on tax & investments. Go look at UBERs investor relations, it’s explained in there reports. Best thing I learned was how to read financial statements and not headlines. By the way, I use non-gaap because that’s what analysts and Wall Street use.

iamtracefree

Sales are decreasing, TINY margins, commodity (nutraceuticals) ($53M rev and NI $673K??) like business,

Hess1650

The addition of the 'SPOD Option Claims' creates a continuous land position between the NI 43-101 compliant Jackpot deposit and Rock Tech Lithium's Nama Creek deposit to the north, representing a strategic land acquisition that strengthens Imagine's exploration footprint moving forward (Figure 1).

Apprehensive_End8318

We know it, just saying you don't know what you're talking about. NI is a contribution towards NHS. Vehicle excise duty is not necessarily only going on roads and we know it. At least we don't stop paying government workers when you lot can't get your shit together eh.

Left-Associate3911

NI 🤣 You must also believe paying road tax pays for the roads.

wulfofws

Dude likes tasting fake meat. 

ScrewChaseBank

ON SOME REAL SHIT MY NI🅱️🅱️AS what stocks are mooning tomorrow? I’m thinking NBIS and IREN….

Otherwise_Surround99

This post is the opposite of AI. NI , Natural Ignorance

C3POmeetsR2D2

Hello, I would like to inform you that Laurion is currently not generating any revenue. All activities are exploratory. Their analyses often negatively mention the high operating cash burn and the company's strong dependence on further financing rounds. In specialist articles, Laurion is sometimes mentioned as a potential takeover target, precisely because the project is relatively advanced ("mid-stage") and has been "derisked" by the NI 43-101 report. Technical indicators (e.g., moving averages, RSI, etc.) currently look weak. Platforms like [Investing.com](http://Investing.com), for example, list "strong sell" signals. Junior exploration companies are highly dependent on commodity prices, investor sentiment, and the competition for capital. If interest rates or capital markets are unfavorable, this can have a major impact. I consider Laurion an exciting bet with potential—especially if the next drilling programs and geophysical data continue to deliver strong results. But it really has to be something. I keep my fingers crossed for you and wish you good luck!

PalpitationFrosty242

NI - not interested this is a scam company

mfairview

Company did 210m in revs but only 1.5m in NI? Anyone know if they diluted again and, if so, how much? With its Q1 FY26 results earlier in the day, Tilray (NASDAQ:TLRY) reported $209.5M in revenue with ~5% YoY growth, beating Street forecasts by roughly $3.8M as its distribution business added $74.0M to the topline with ~9% YoY growth. However, net revenue from TLRY’s beverage business remained flat at $55.7M from the prior year period, and its cannabis business added $64.5M to the topline with ~5% YoY growth. Thanks mainly to a ~51% decline in amortization and a drop in other non-cash expenses, the company’s operating costs fell ~43% YoY to $55.4M, and TLRY swung to $1.5M of net income compared to $34.7M of net loss in the prior year quarter. However, the company’s gross margin slipped to 27% from 30% in Q1 FY25 and its adjusted net income improved to $3.9M from a $6.1M loss, while adj. EBITDA rose ~9% YoY to $10.2M.

pseudo_rockstar

Bers you fucking retards lmaoooo fuck youuuuu stonks have INFINITE VALUE!!! IN-FI-NI-TE!

Feisty-Bathroom-4904

It’s a Dem recommending it… In response to tariffs, all people NI under $100k

kvng_stunner

In the UK, every single immigrant on a student/work visa pays £1000 per year for health insurance. For citizens it's free. And everyone pays NI. But yeah clueless jokers like you come online and cry about shit you know nothing about.

rickyrichisrich

U F’ing NI❤️❤️GERS BUY DFLI AND MAKE MONEY

Maleficent-Baby4543

Root insurance is a way better insuretech than lmnd. & root trades at 1/3 the market cap. Root grows faster, has 2x+ higher revenue and will do 300m~ in NI next year. Meanwhile lmnd is losing 200m annually.  Would choose root over lmnd all day. 

rain168

NI!

Feisty-Bathroom-4904

Here’s some facts that explain why I’m long LDI. 85% of the CEOs compensation comes from shares/equity. He is paid in stock, he will sell stock. Rates are currently high and everyone is in agreement this is/about to be a recession. Housing market slowing. People need cash but selling isn’t possible, they refinance. Feb 2021 rates were 0%, LDI was $31-$20. Current NI is -$95m, 2021 NI was +$700m. Rate cuts begin tomorrow. New fed chair appointed in 6 months. Analysts already predict 16% revenue growth over next 3 years. Customers love the product. Here’s my thought: New fed chair takes office May and will bring about rate cut madness to align with those in charge. LDI $13-$15 June 2026

Creative-Cranberry47

ROOT is going to be better than ORCL. It is the most derisked 100X+  here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+ 

DeeelosHarriedman

Hey, glad you liked it. :-) The sounds at 2:27 in that "Song of the Stars" video reminded me of the Goron theme (jump to 1:15): [https://www.youtube.com/watch?v=UP61I8hY9NI&t=75s](https://www.youtube.com/watch?v=UP61I8hY9NI&t=75s) GORO -> Goron. Hehe. Also there was some Lady Gaga tease about "Dead Dance," which is how I found the song in the first place.

Creative-Cranberry47

root for me: ROOT is the most derisked 100X+  here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+ 

MBBOrBust-

THEY WERE NI

Creative-Cranberry47

ROOT is the most derisked 100X+  here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+ 

Creative-Cranberry47

prefer ROOT since its in P&C and not in health insurance with regulatory caps.ROOT is the most derisked 100X+  here's why: ROOT is significantly undervalued with a forward PE in the 4’s & a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-3+ PEG ROOT is projected to do a billion+ in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would put ROOT at a 60B mcap or $4000 PPS(45x). discount that to today’s value and that puts the current value at $2034+ here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, Toyota, GSHD, Experian, Hyundai, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7k+ subagency partners and soon half of the agency market in a few yrs. Growth will be exponential on this part of the equation as the qts go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation & the internet. ROOT to 2034+ 

chintan_joey

Just leaving this here, ranking highest profit on top; invest accordingly. Alphabet Q2 2025 R: $96.4B NI: $28.2B; Q1 2025 R: $90.2B NI: $34.5B. Microsoft Q4 FY25 R: $76.4B NI: $27.3B; Q3 FY25 R: $69.9B NI: $23.3B. Nvidia Q2 FY26 R: $46.7B NI: $26.4B; Q1 FY26 R: $44.1B NI: $18.8B. Apple Q3 FY25 R: $94.OB NI: $23.4B; Q2 FY25 R: $95.4B NI: $23.6B. Meta Platforms Q2 2025 R: $47.5B NI: $18.3B; Q1 2025 R: $42.3B NI: $12.4B. Amazon Q2 2025 R: $167.7B NI: $18.2B; Q1 2025 R: $167.7B NI: $18.2B

ethereal3xp

I like to see their NI in the positive 1st.

Creative-Cranberry47

ROOT easily hands down. here's why: ROOT is significantly undervalued with a TTM PE in the 15’s & a forward PE in the 4’s and a forward PEG less than .1. If ROOT 10X today, it would still be trading cheaper than its peers who trade at 1-2+ PEG valuations.  ROOT is projected to do billions in NI by 2029 end. at 6B rev & 1.5billion NI at a 40X multiple, that would valuate ROOT at a 60B market cap or $4000 PPS(45x), which could be attained sooner than anyone could expect. here's a quick elevator pitch: \-all 50 states by 2026 end. currently in 35 now \-Onboarding of embedded partners that has yet to be implemented technologically with over 20 major partners in the early stages including CVNA, GSHD, Experian, Hyundai, Toyota, First connect, etc. Should see growth from these partners later in the year going into 2026 \- New major partners that have yet to be announced that are larger than CVNA \- Agressive onboarding of subagencies since public launch in Q4 with now over 7000 subagency partners and soon half of the agency market in a few years. Growth will be exponential on this part of the equation as the quarters go along, with expectations of it adding billions in rev growth annually over the long run \- economy of scale kicking in as time goes on with a 75% CR long term due to ROOT's ai tech stack efficiency making them 2X more profit efficient than their legacy counterparts \- New algorithm changes for H2 increasing LTV by 20%+ \-New products that would double rev growth due to cross-sell, increasing stickiness by 27% & customer pool by 33% due to bundling Buying ROOT is like buying PGR at 5 cents, a 5000X+ return except ROOT will grow exponentially faster due to AI, automation and the internet. ROOT to 2074+ long term.

AdCritical5383

Mah NI🅱️🅱️A 👆

Creative-Cranberry47

management did guide bullishly for q3. as for Carvana, ROOT does have over 20+ major partners, and now over 7000+ indpendent agency partners, so there is very little reliance on any sole partner. the warrant expense is a one time expense that is considered a non-cash expense. ROOT will report an EBITDA profit and even still maybe a NI profit after expensing that. It won't affect FCF or the balance sheet so ROOT still grows intrinsically

Creative-Cranberry47

ROOT targets safe drivers which allows them to reduce their loss ratios removing the risk in the underwriting. Thats a specific niche, but ROOT also goes all around for standard policies as well. Due to this niche, it allows ROOT to have better loss ratios, similarly to focus on specialty insurers. theres nothing wrong with comparing insurers in the same field especially where are minimal P&C insurers to choose from. the insuretechs that you have mentioned aren't even profitable, and thus have negative PEGs. evaluating an insurer based on P/B and ignoring NI, is pretty ignorant. if ROOT makes their entire book in less than 4 years, why would you continue to evaluate the name based on PB? RYAN does have a negative tangible 4B net equity.

Creative-Cranberry47

guidance was actually very bullish. management is usually incredibly conservative but during the earnings call they mentioned "moderate PIF growth", which is a much more aggressive stance than their previous earning calls, where they issue more conservative guidance. i don't think the new investors understood this. in addition, they did say they were going to expense a one time 15.5 non-cash expense that was related to warrants that doesn't impact EBITDA, FCF or the balance sheet in q3 but it will show up in NI. however, the business will continue to be growing intrinsically. if this is what the market is upset about, then that makes ROOT an incredibly strong buying opportunity.

UFuked

NI!

Creative-Cranberry47

LMND does half the revenue. will grow slower, and is losing 200m annually, meanwhile ROOT is on its way to making 100's of millions annually. by the time LMND makes meaningful profit, ROOT would be making billions in NI. not even close.

ThatHuman6

"people here feel they've paid into the system for a lifetime and as such have a right to the pension when it's their turn" Exactly yeh. By having the NI as seperate payment, people think they're contributing to their own pot and getting confused. It needs to be just built into income tax, and then people see it differently. Everybody understands dole money comes out of their income tax, but they don't see it as 'their' money to get back. if it's not means tested I don't think it has a chance of surving tbh. You can't pay 20%+ (predicted to go up to 27% in a few decades) of the population *£*11k per year for 30 odd years per person. It's an obscene amount of money. Even moving the employer contribution to 12% may not fix it if not means tested, the idea of moving to higher employer contributions in Aus was to reduce the number of people who get pensions.

Different_Level_7914

The problem is that many people here feel they've paid into the system for a lifetime and as such have a right to the pension when it's their turn. Remove the pension and they should have those NI contributions back sort of attitude. What doesn't help is that the average and median private pension pot provision the average person has saved is still woefully low and as it stands many wouldn't have any chance of a retirement without the state pension doing the heavy lifting. Even more so those that are in the 40-50 gap where they missed DB pensions and didnt benefit from auto enrollment until much later in life and paid in bare minimum so have tiny pots. Mix in with the majority of self employed workers haven't bothered with a pension either. It's a mixture of so many things and also financial literacy, talking to a guy at work today saying hes opted out of the pension scheme as he's heard everyone saying that it won't exist when he gets there and if it does will be when he's 70, he's not even understanding the difference between a private DC pension and the state pension thinking the work one was the same. Agreed culturally we need to change here, but also 8% (it's actually lower than that and closer to 5% on basic auto enrollment bare minimum when LEL taken into account) we need to be much more closer to the 12-15% range to enable people to have comfortable retirements 

ThatHuman6

The big difference with Australia is how the pension works. The equivalent of state pension isn’t something everybody pays into and gets, there’s no NI payments, it’s a benefit for only those that don’t have enough superannuation paid through the income taxes. This changes how the public see it. I notice in the UK means testing the pension is seen as a bad thing (people saying it would punish those who have worked hard and saved etc) whereas in Australia it’s kind of seen as a poor person thing if you’re getting pension. It’s basically the dole for old people. The richer people aren’t complaining they’re not getting it, they’re happy with their high tax free super balances. The UK somehow needs that same attitude shift otherwise the pension system going bankrupt.

trilogee

From TH: $65M Revs; est. $64.8M $16M AEBITDA; est. $15.1M $11M OI; est. $8.3M 51.1% GM; est. 50% ($6.4M) NI; est. ($9M) ($0.03) EPS; est. ($0.03) $7.3M OPCF $5M FCF ^ NI and EPS adjusted (accounting for discontinued ops) Repurchased 535,000 shares at a weighted average price of USD$0.29/sh. Retail revenue increased quarter-over-quarter across all markets. Pennsylvania revenue grew 6.9% quarter-over-quarter. Phillipsburg, New Jersey dispensary ranked #3 in the state in unit sales and #2 in revenue.

Creative-Cranberry47

welcome to the ROOT club! management has always guided conservatively so its not really anything new. the one time non cash expense will show up on the NI, but it won't affect FCF

Wide_Pomegranate_439

Have you ever been to the US or Canada? Even under Obama or Clinton? Yes, from that part of the world, the UK looks like the Soviet Union. State healthcare that you pay NI for but doesn't work, taxes are spent on generations spending their entire lives on benefits contributing nothing. All falling apart since about wrexit. The wrexit that was and still is supported by labour.

ethereal3xp

Negative NI But is still riding on hype due to minimal players in the space. I'm waiting for a dip..

itsnotshade

Apple NI in 2024: $93B Capex in 2024: $9.4B Yea this $600B total in pledged investments is straight bs but thankfully it was ball licker reporters in the oval office and not some analysts. My calls will be printing.

mrpuma2u

You have a souvenir. 

Broad-Inspector8905

100% agree. I will say, I stupidly created a small $BTBT position based off of Sam’s background. Plus the spin off of $WYFI is fascinating since they have a real business (no fat money contracts) but they do $100MM+ in NI yearly. Other than that, these treasuries do in fact stress me out.

TopPsychological4139

NI MA<GO> in Bloomberg terminal