The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Hard to think it was 425p last Friday
Just another of those AIM stocks that gets targeted by bashers & shorters. Well oversold.
24/11/22
https://www.mining-technology.com/news/hypromag-rare-earth-germany/
Lithium stock 'all' now up 4.1% after sqm reports great earnings
frg deserves a similar boost from this low level
Https://www.reuters.com/markets/commodities/profits-chiles-sqm-surge-more-than-ten-fold-third-quarter-2022-11-17/
cnet article:
Https://cutt.ly/KMIIcBm
sector review:
https://www.washingtonpost.com/business/2022/11/16/fda-lab-meat-approval/
bsfa video, 3 weeks ago
worth watching, section about 'the market', starts at timebar 3m00s
Https://www.youtube.com/watch?v=BlTZwz9krqg
Meat accounts for nearly 60% of greenhouse gases from food production, studies have shown.
26 Oct 2022
Https://www.theguardian.com/environment/2022/oct/26/cut-meat-consumption-save-planet-climate-crisis-fossil-fuels
Meat consumption should be reduced to the equivalent of about two burgers a week in the developed world, and public transport expanded about six times faster than its current rate, if the world is to avoid the worst ravages of the climate crisis, research has suggested.
yes asx bullish today on lithium stocks
eg
Prices for the battery-critical mineral are trading at or near all-time highs amid booming global EV growth.
Https://www.fool.com.au/2022/11/07/guess-which-asx-lithium-share-just-rocketed-50-on-a-new-discovery/
"The company said it has secured three strategically important multi-year collaborations during the current financial year and continues to see a strengthening of its sales pipeline following a strong first half".
***
toss of a coin really, you either bash the company and say they'll run out of cash, or you look at the potential of the article below (including the top-tier research team at Merck) and you argue that their future is now underpinned.
Https://www.proactiveinvestors.co.uk/companies/news/996462/deepmatter-shares-rocket-on-licence-deal-with-merck-revenue-growth-forecast-996462.html
general interest
21.9.22
High Voltage: 145%, 160%, 170% … Petra Capital increases share price targets for 6 advanced ASX lithium stocks
Https://stockhead.com.au/resources/high-voltage-145-160-170-petra-capital-increases-share-price-targets-for-6-advanced-asx-lithium-stocks/
Https://twitter.com/DavidBurton1971/status/1560189658662928384?cxt=HBwWgIC8rc6O9KYrAAAA&cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email
hmi-related tweet
my post answered, on another thread:
"not just Plug. the whole US H2 sector took a big jump yesterday as there was economic data published suggesting that USA inflation has peaked - hence all growth stocks rocketed yesterday.
We are now on a rising tide - and about time !"
I liked 'high gross margin': Subject to signing and receipt of the necessary regulatory clearances we expect completion this year and anticipate a high proportion of licence fee revenue recognition to be booked in H2 2022, with associated high gross margin.
I liked the '120 people in Manchester' bit. It shows confidence, going forward. 'Provided satisfactory safety data is obtained from this initial study, and subject to additional funding, a Phase 1b clinical study will commence in psoriasis patients in 2023. The CRO conducting and managing the studies has extensive experience in conducting trials in inflammatory diseases and will recruit up to 120 subjects at a site in Manchester, UK. '