Peoples Champion

ASX micro cap investor/punting enthusiast. Finding value in unloved, low EV penny stocks.

[Peoples Champion @ASXPeoplesChamp]

@Christophe_Qld Those initial indium rock chip results are extremely high grade and rare (global scale). Let’s see what January brings.

[Peoples Champion @ASXPeoplesChamp]

@Spec_punter $CPM.ax very similar, still yet to deal.

[Peoples Champion @ASXPeoplesChamp]

@Spec_punter Still here - this drilling a free kick, waiting to see what acquisition they can find.

[Peoples Champion @ASXPeoplesChamp]

@GlenGoulds $R8R.ax and $PLC.ax

[Peoples Champion @ASXPeoplesChamp]

@shoootingfish Should have some decent US based networks to utilise.

[Peoples Champion @ASXPeoplesChamp]

@shoootingfish It’s been a fair while ha ha - couple of years?
Hopefully just waiting for optimum market conditions to strike.

[Peoples Champion @ASXPeoplesChamp]

@sentinel1221 Yeah - I’m holding this one free carry to see what happens. Absolute no brainer back at 15/16c.

[Peoples Champion @ASXPeoplesChamp]

@Contrarian_WA Yeah, not big on socials but occasionally get bored and post the odd snip with some bad highlights 🤣

[Peoples Champion @ASXPeoplesChamp]

$CPM.ax $CPM
Board clean out taken place, lots of potential news flow coming up. Won’t take much given current circa $3.5m mcap ($1.9m cash).

[Peoples Champion @ASXPeoplesChamp]

@sentinel1221 Only way to go!

[Peoples Champion @ASXPeoplesChamp]

$CHR.ax $CHR
$2.4m cash with another $500k to come from RIO which is sole funding $1.1m spend on lithium project (not that market will really care but decent enough). Not bad for a $3m junior.
Now on to the new project. Recent 2c p/p 10c issue will keep cap structure tight.

[Peoples Champion @ASXPeoplesChamp]

$A8G.ax $A8G
Gallium, Quartz?, Gold, Bauxite, $3.4m cash, directors over 12% and sub 60m shares plus active M&A for this little $4m junior.
New investor just put $750k in at almost double the current price 🤷‍♂️

[Peoples Champion @ASXPeoplesChamp]

@Spec_punter @YouTube Yalgoo is the one I’m most interested in and untested as they say.

[Peoples Champion @ASXPeoplesChamp]

$PLC.ax $PLC
Small goldies flying - not much interest here yet as hopefully drilling not far away. Some good historical hits and new promising rock chip results. $2.5m mcap with $2m cash. $300m coy number one holder topped up in recent raise.

[Peoples Champion @ASXPeoplesChamp]

$CPM.ax $CPM
Looks like clear out has started and Board talking about “Transformational Acquisitions”. Some interesting backers for a little $3m coy ($1m EV).
JV interest in Copper project with some very good historical hits.

[Peoples Champion @ASXPeoplesChamp]

$RB6.ax $RB6
Nice wording change in the recent quarterly, good shell with some impressive backers for a little micro cap.

[Peoples Champion @ASXPeoplesChamp]

$PLC.ax $PLC
Bounced well today. $1.7m mcap with $1.2m cash. Mgt/board clean out now complete and hopefully gold projects get some attention. Number 1 holder (20%) is a EUR listed, $315 AUD mcap, helping with acquisitions 🤔

[Peoples Champion @ASXPeoplesChamp]

$BIM.ax $BIM
Gold, Copper, Niobium or possible acquisition.
This little $2m junior will really pop on some positive news with only 32m SOI.
Directors hold plenty and have millions of Oct 2024 30c options to hopefully sharpen the focus.