Started investing in november 2020: Profit nov 2020- dec 2021: 245% 2022: 47% 2023: 42% 2024: 17% 2025: 54% Ambition to become a full time investor.
Netherlands
Joined May 2021
- Tweets2.8K
- Following1.8K
- Followers1.7K
- Likes4.2K
Pinned Tweet
$GG.V
Valuation:
Galaxy: 175M (10 * net profit 2026, so without value for extra growth)
Summit: NPV at spot prices * 50% = 60M
Minus: net current assets = -/- 12M
Total: 220M USD = 300M CAD = SP 4,18
SP now (+457% potential)
Made it my biggest position!
Thanks @Premski_SGP!
Eric from the netherlands retweeted
East Star Resources on noussut syyskuun alusta reilut 130% Rulikha JV-uutisen jäljiltä. Samaan aikaan oma arvioni yhtiön potentiaalisesta arvosta on noussut vähintään yhtä paljon -> Edelleen halpa.
Seuraavassa sijoittajakirjeessä tästä aivan taatusti lisää.
$EST.L #EST
Eric from the netherlands retweeted
#EST
On East Star ( and for clarity this is very much not financial advice) I'm hoping to see an initial market cap of £300 million when both copper projects start production - with the gold JV with Endeavour free optionality on top.
I suspect they'll find what they're looking for.
That's just a starting point.
In my last interview with CEO Alex Walker, it seemed to me that further deals might be on the table for the remaining assets.
Listen, especially towards the end.
Eric from the netherlands retweeted
The last round already confirmed continuity of the deeper mineralisation and a northern shallow extension, so any further positive hits will strengthen the case for Xinhai as they fund this all the way to production.
At the same time Rulikha is now drilling under the Nova JV and the Endeavour gold JV is steadily advancing licence applications and target generation across a huge area. The potential there is quite ridiculous. That leaves the remaining 100% assets (Snowy epithermal, Piket porphyry) as obvious candidates for further partnerships. I think that happens besides other new licence areas. #EST
Eric from the netherlands retweeted
#KIST North Sea/Netherlands Natural gas - Day ahead pricing ~ $185/b
3300boepd*$185 = $610k a day
Total per day ~ $2.2m (after Oman govt take)
Runrate/year $803m!!!
Mcap $328m - EV $430m
2026 pivotal year - doubled production & doubled reserves
youtu.be/liD943Mi4bk?si=PejW…
Eric from the netherlands retweeted
Important for those interested in #HEX or the helium space.
Helium Super Summit.
Gasworld interviewed Rich Brook of Garrison Ventures, an Austin, Texas-based strategic advisory and commercial services firm specialising in the global helium and specialised industrial gas sector
"Right now, the market is somewhere between 8 and 10% short."
"I'm really forecasting that things are very likely to get worse before they get better because a number of companies are currently pumping helium out of their caverns."
"When the capacity of those caverns is such that the helium is fully pumped out and the cavern becomes empty, then the shortage will get worse and maybe double. We could go from 8% to 16 to 20% short. It would not surprise me."
Helix is expanding its operations at just the right time.
youtube.com/watch?v=HumWhxvq…
#HEX could be a hidden gem in all of this continued Hormuz disruption.
Much focus continues to be directed towards energy, but the helium market is experiencing far more disruption (and loss of confidence) from a supply source that controlled a greater proportion of the global market (33% vs 20% LNG or 30% oil).
Furthermore, oil continues to flow. Helium doesn't.
No listed helium play in London is better placed to extract value from this set-up right now than Helix.
Eric from the netherlands retweeted
$PESI 13g/a increase to 3.22M shs / 15.2% sec.gov/Archives/edgar/data/…
Eric from the netherlands retweeted
Seriously good intercepts. Baffled by low interest in this name $aty.v
Atico Continues to Extend the Ore Body at El Roble Mine in Colombia and Reports Multiple Higher-Grade Intercepts up to 18.6m of 7.65% Cu, 2.22 g/t Au, 9.0m of 8.44% Cu, 3.58 g/t Au and 5.7m of 8.48% Cu, 7.41 g/t Au $ATY.V tinyurl.com/2dk94oe7
Eric from the netherlands retweeted
#HEX could be a hidden gem in all of this continued Hormuz disruption.
Much focus continues to be directed towards energy, but the helium market is experiencing far more disruption (and loss of confidence) from a supply source that controlled a greater proportion of the global market (33% vs 20% LNG or 30% oil).
Furthermore, oil continues to flow. Helium doesn't.
No listed helium play in London is better placed to extract value from this set-up right now than Helix.
Eric from the netherlands retweeted
I have taken back a chunk of my #HEX holding for a smidgeon more than I sold for in early Sept.
I cannot ignore the helium headlines around supply shortages and pricing.
With its regulatory issues behind it Helix is now free to build up production and continue to add more wells.
The share price was trading at +29p before the market got a sniff of the regulatory hiccup. Since then, Ollie #1 has been drilled and is demonstrating signs of being their best drill to date.
I've also read that the next well, Ross #1, has now been permitted. News on this drill is expected before 31st October, along with test commencement at Ollie #1.
We should also hear about flow rates and the ramp-up of trailers for delivery in the coming days.
The broker sees no lasting effect on Helix's finances from the 2-month sales interruption. Helix also stated in early Sept that the Inez #1 well re-entry issue "has not been significant and will not affect its ability to deliver on any of the objectives outlined in the recent fundraise."
Those included "four new production wells targeted at US$1.0 million per well, drilling into known reserves in order to generate material production and cash flow uplift."
The July fundraise delivered c. net $12m post the Keyes Helium Complex acquisition. So they should have ample room to increase helium output into a spot market that, according to the article below, has "tripled since the war began" and "could go even higher."
One thing is for sure: a stable, reliable helium supply out of the US is going to command a premium for quite some time.
What Helix now needs to do is prove the stable and reliable part whilst adding more wells.
nationalsecurityjournal.org/…
Congratulations to #HEX and those shareholders who stayed the course.
While the company has lost a couple of months of revenue, it will have limited impact in the grand scheme of things. They are back producing and drilling in a very positive helium pricing environment. That is what matters the most. It should be a good day for the stock given the indications around Ollie #1. 👏👏
londonstockexchange.com/news…
Eric from the netherlands retweeted
Mkt cap of $19M and they could have $120M in annual FCF with $2K margins. That is quite possible. $120M x 10 = $1.2B mkt cap. 🧐
Eric from the netherlands retweeted
$HEX
Helix Exploration gets the regulatory go ahead to restart production.
Eric from the netherlands retweeted
In this update we sat down with Founder and CEO Ravi Sood of @GolcondaGoldLtd $GG.V, a junior gold producer, for an update on the ongoing mining ramp-up at Galaxy and Summit, as well as to discuss the path to re-rating the company and thoughts on M&A, plus a lot more. Tune in!
/ Financial Position and Q2 /
0:00 - Founder and CEO Ravi Sood
2:05 - Financial Position
3:29 - Q2 in Short
/ Galaxy /
6:29 - Throughput and Production Ramp-up at Galaxy 11:27 - Payable Recoveries
14:23 - Cost Profile - Galaxy
/ Summit /
16:23 - Mining Contractor - Summit
18:25 - Mining Rates
20:52 - Payability
21:07 - Grades and Dilution
22:00 - Mining Method and Improvements to Summit 25:14 - Ramp-up in Mining and Processing Rates
27:41 - Production - Summit
28:18 - Pre-Tax and After-Tax Margins - Summit
29:30 - Mine Life and Exploration
34:10 - Acquiring More Ground - Summit
34:59 - Tailings Capacity
36:35 - Drill Start
/ Path to Re-rating, M&A and Catalysts /
37:05 - Path to Re-rating
39:26 - M&A
41:01 - Catalysts
41:27 - One-Year Vision For Golconda Gold
Eric from the netherlands retweeted
$AVAP
Avation's FY26 results in "AVAP - makes no money" theoakbloke.substack.com/p/a…
🤖 Made with AI
Eric from the netherlands retweeted
Completely agree with this thesis. You only need one win for outsized returns, and having three shots on goal is massive. 💰
Just picked up 55k shares of #EST at these levels. Ready for the re-rate! 📈
GL all ⬆️
@baroninvestment
I think of it like this.
To see material upside, the investment thesis does not require all three funded JVs. That is the striking feature of this setup.
Any one of the funded JVs, on its own, can transform the business and the share price.
Two successful partnerships delivers the kind of re-rate juniors almost never see.
All three would put EST into the £/£s (vs the current 9p). Endeavour have already told us the size of their targets.
The beauty of it is that you only need one to see outsized returns. It is a fabulous model.
Eric from the netherlands retweeted
A quick update on $AVAP.L Avation PLC with recent leasing news and ongoing share buybacks. open.substack.com/pub/andrew…
Eric from the netherlands retweeted
$AVAP.L as we suggested - but didn't think it would be QUITE so imminent (!) Avation has provided a trading update which by and large is in line with the substack of 11 July. avation.net/files/avap_rns_t…
Eric from the netherlands retweeted
I think of it like this.
To see material upside, the investment thesis does not require all three funded JVs. That is the striking feature of this setup.
Any one of the funded JVs, on its own, can transform the business and the share price.
Two successful partnerships delivers the kind of re-rate juniors almost never see.
All three would put EST into the £/£s (vs the current 9p). Endeavour have already told us the size of their targets.
The beauty of it is that you only need one to see outsized returns. It is a fabulous model.
Added #EST suspect we see more upside from around this level near term.
Another that I’d certainly be interested to hear @baroninvestment investment thesis on, podcast remains open likewise DM !!
Eric from the netherlands retweeted
I heard people around me say that there is a 10x to be had in $PGLD.v from here.
I don't disagree, start with the mcap, expected nr of shares after entering production and look at all that gold and copper...
If this delivers anywhere near offical plans, the upside is enormous.
Now I happen to think there are an enormous amount of additional low hanging fruit mineralization just needing further drilling... meaning, after full mill production, we could look at material expansion.
Very exciting stuff, not the least since the management is top notch and super nice people.
americas.miningforum.com/mem…
Eric from the netherlands retweeted
$ATY.v (Atico Mining) has secured financing for the La Plata project. This is an important milestone. Construction decision should follow before year-end. At 60/oz silver and 3,200/t zinc, the silver and zinc by-credits cover the mine's entire operating costs even if we assume a 20% opex increase compared to the FS. Assuming a gold price of 4k and a copper price of 6, La Plata will generate an annual after-tax FCF of USD 72M. That constitutes 140% of Atico's fully diluted mcap with the newly announced convertible treated as converted. EV/FCF multiple is only 2.3x after including the new financing, and that's without any contribution from El Roble. If we include FCF from El Roble at the aforementioned metal prices, Atico's EV/FCF falls to 1.6x. By the time La Plata goes into production, the EV/FCF multiple will be closer to 1x as cash flow from El Roble during La Plata's construction phase will reduce the company's EV. Very cheap name.
juniorminingnetwork.com/juni…