NAMIB MINERALS (NAMM) — Position Hub · Vaapad Capital

NAMM

Materials

NAMIB MINERALS

FALLBACK· as of 19m ago

Actively heldActively held since 05. Jan. 26.· held 7 months

A retrospective, descriptive note on holding status — not investment advice. Live weight, entry and P&L stay in the sections below (subscriber-gated).

Current positionSubscribers

Live position details are for subscribers

NAMM's current weight, average entry and live P&L are reserved for subscribers — front-run protection for the founder's open book. The full public thesis, conviction history, closed-trade record and field notes stay open below.

Price history & my trades

The buy/sell markers for an open position are reserved for subscribers (front-run protection). The price history stays open.

Why I hold this

Public field note · 10. Juni 26

Der Preis des Überlebens

Eine Goldgesellschaft, die ihre eigene Insolvenz überlebt hat — und die der Markt noch immer so bepreist, als wäre sie daran gestorben. Eine Sektor- und Unternehmensanalyse zu Namib Minerals (NASDAQ: NAMM), dem operativen Goldpreis-Hebel und der Survivor-Junior-Dynamik.

Contribution to the bookSubscribers

NAMM's contribution to the book is subscriber-only — front-run protection for the founder's open positions.

Sector & theme positioning

Materials2 held names in this theme

Exact sector weights are subscriber-only.

Held peers in Materials

Why it moved today

NAMM fell -1.49% versus its prior close (last 1.32 vs prior close 1.34) (as of 2026-08-05 05:33 UTC). The market was pre at the time of this quote. This is a descriptive record of the move — not a forecast or a recommendation.

Rewards

The founder has published a public thesis on NAMM — the reasoning behind holding it is disclosed in full.
NAMM gives the book Materials exposure — see how that sits in the overall sector mix.
NAMM has 2 fully round-tripped call(s) on the public ledger — every one scored, winners and losers.

Risks

The position currently shows an unrealized loss of -1.47% versus cost — surfaced honestly, not hidden.
NAMM is a single, concentrated position in one founder's personal book — single-name risk, not a diversified fund.
Past performance is not a reliable indicator of future results. Everything on this page is retrospective disclosure, not investment advice.

Position scorecard

81avg / 100

Track record

Fundamentals

Valuation multiples

Market cap: $71.92M
Enterprise value: $74.67M
P / E (TTM)Price to trailing earnings: 0.72x
P / E (fwd)Price to forward earnings: 0.72x
P / BPrice to book value: —
P / S (TTM)Price to trailing sales: 0.87x

Conviction history

Trimming08. Juli 26
Trimmed position
232 @ 1.55 USD
Trimming08. Juli 26
Trimmed position
820 @ 1.565 USD
Trimming08. Juli 26
Trimmed position
109 @ 1.56 USD
Trimming

Position historySubscribers

Date	Action	Qty	Price	Running
••• •• ••••	•••	••••	••.••	••••
••• •• ••••	•••	••••	••.••	••••
••• •• ••••	•••	••••	••.••	••••

The fill-by-fill build of this open position is subscriber-only. Completed round-trips stay public on the below.

NAMM on the Call Ledger

Closed	Dir	Entry → Exit	Hold	Return
09. Juni 26	SHORT	2.177 → 1.88 USD	4d	+13,63%
04. Juni 26	LONG	1.854 → 2.472 USD	150d	+33,31%

Field notes mentioning NAMM

This page is a retrospective, descriptive disclosure of a single position in the founder's personal trading account — reconciled against IBKR Flex. Not investment advice and not a solicitation to buy or sell any security. Weight, entry and P&L are stamped with the data-freshness state; live figures may lag. Past performance is not a reliable indicator of future results.

NAMM

Current positionSubscribers

Live position details are for subscribers

Price history & my trades

Why I hold this

Der Preis des Überlebens

Contribution to the bookSubscribers

Sector & theme positioning

Why it moved today

Rewards

Risks

Position scorecard

Fundamentals

Valuation multiples

Conviction history

Position historySubscribers

NAMM on the Call Ledger

Field notes mentioning NAMM

Key financials

Ownership & float

Der Preis des Überlebens