Member Info for antelope

Is there a link anywhere to last night's presentations? For newbies or anyone who missed? Not on Tern's website yet.

That could have been written for us, almost word for word, apart from the US angle. Why the hell is the price languishing down here? Come on Keith.. give us a barnstorming RNS.

Four years ago I reckoned Cisco would buy DA. I still think that's possible.

If DA sold for 2 billion, which it's best to assume may only very possibly happen (I've always expected 300 to 500m), Tern would have about 800m to turn back inwards to the company, which would twenty bag us from here. To 4 quid. Then there's the possibility of dividends. Or share buybacks.

But Tern also has FVR, Wyld and InVMA in its stable. So in the above scenario, up the share price by 50%.

lets assume the ludicrous.. DA sells for 6 billion... still nowhere near that silly number.

Enough now. Lets get to 20p first.

I think that's just being silly.

Ok, ok... :-) Many many billions, not millions.

Trouble is with talking about this is, as I have found out and seen on many occasions, if you actually quote potential numbers, they're embarrassing. So it's best not to, as it's seen as ramping. And yet, it's the truth.

Even if the reality was a mere tenth of the possibilities mentioned here, DA would still be worth a fortune. 1% even.

Imagine if domestic router manufacturers decided to use KS as defence against hackers? A single deal with a major telco would net lots of beans.

Good, but that's all devices. Including your wireless PC speaker perhaps. The Amazon/Microsoft price list for DA's Keyscaler product is more aimed at corporate users I think. Still many many millions of devices (cameras, production line robots and sensors, vending machines, drones, street lamps....) and more reliable and phenomenal revenues.

Like me then. Only too much in. Smell change in the wind now though.

Revenues grow exponentially under SAAS too.

Lazenby, are you new blood or have you been in here a for a while? If new, welcome and good to see people thinking. I think 10 quid might be slightly optimistic, but err.. bring it on :-)

For those of you who, like me, do not live in Britain, 'BST' stands for British Summer Time', which is UTC+1.

https://electrek.co/2021/05/03/tesla-facing-6-month-delay-in-opening-gigafactory-berlin-german-report/

https://twitter.com/CzechLithium/status/1388825046714626049?s=20

"But Carlos Leal Gomes, a geologist at the University of Minho, warned that the country may not be seeing much of a lithium boom. "Portugal doesn't have the lithium resources to justify these kinds of projects right now," he said.

In contrast to the easily processed lithium spodumene deposits found in Australia's Greenbushes deposit or Brazil's Minas Gerais region, the lithium petalite found in northern Portugal requires processing that makes it economically uncompetitive, Leal Gomes said."

You still haven't said why you are on this forum. Irritating people who've been here for years and have researched it to death. Do go away little man.

Cinovec is an underground mine, with the extracted mica based rock being processed in a factory. There are other clean production methods too... see Vulcan Energy and E3 Energy.

Some perspectives on synthetic fuels: https://www.forbes.com/sites/jamesmorris/2021/03/27/synthetic-fuels-wont-save-the-planet-so-dont-say-they-could/

(cont)

"The materials sector has a median forward enterprise value to EBITDA ratio of 9.13, though larger lithium companies differ strongly. Livent (LTHM) is a bit of an outlier, posting a forward EV to EBITDA ratio of 50.58, while Sociedad Química y Minera (SQM) and Albermarle (ALB) had a combined average of 26.37. Still, to air on the side of caution, a 10x multiple for the company’s EBITDA upon the start of production would see a value of $2.669 billion for the company. This would correlate to a per-share cost of around $10. This $10 per share value would correlate to 500% growth from the company’s value at the end of this year.
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For short-term holders, initiating a position now could provide strong returns over the course of the year as it clears a host of important developmental milestones. However, the long-term play remains my focus."

https://seekingalpha.com/article/4409041-european-metals-long-term-bet-short-term-potential

Quote: "European Metals holds the largest known lithium deposit in Europe, which it expects to become one of the lowest-cost lithium mines in the world upon operation.
The mine is in an optimal location, with support from local and regional governments as well as a plethora of potential customers nearby.
The company has three major catalysts that will emerge this year, propelling the company to 150% growth.
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The company currently plans to heavily favor debt financing for their project, with equity taking a back seat. This is to avoid shareholder dilution and, with an incredibly low payback period of just 1.8 years, debt financing doesn’t incur as much risk as typical for a company looking to raise almost $500 million with only $18 million in net assets. The payback period was calculated using the above EBITDA of $266.946 million.

A payback period of just 1.8 years is very appealing for prospective financiers as it lowers the risk of their investment. For shareholders of European Metals, this is also a positive as it allows the company to begin reinvesting into expansions quickly after operations begin. To further aid in the company’s financing efforts, they have into a partnership with EIT InnoEnergy SE. InnoEnergy is the principal facilitator and organizer of the European Battery Alliance. The EU-funded organization lists securing raw materials as its top priority. Through its work leading the organization, InnoEnergy has developed strong relationships with companies throughout the battery supply chain and will bring valuable assistance in negotiations for debt financing, offtake agreements, and grant funding. With a very low payback period and the help of InnoEnergy, European Metals has a surprisingly strong financial assurance.
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The company’s financial situation, as strange as this may sound, is actually one of its biggest assets in my eyes. It has a far stronger proposition than most lithium juniors and should be enticing for financiers.
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When we take a look at the company’s future operations, it’s clear why the long-term play holds the greatest potential for investors. I expect that European Metals will be turning out an EBITDA of $266.946 million, a figure that dwarfs the company’s current market capitalization of just around $180 million. While 150% growth would ultimately take the company’s value to $450 million, or around $2.50 per share, an earnings multiple of 1.69x is still fairly low -- even if expansions weren’t in store for the future.

The ceiling for the mine is estimated to account for a 10x expansion, based on the current plan’s coverage of just 9.3% of the total indicated reserves.
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(cont)

Quote "But Carlos Leal Gomes, a geologist at the University of Minho, warned that the country may not be seeing much of a lithium boom. "Portugal doesn't have the lithium resources to justify these kinds of projects right now," he said.

In contrast to the easily processed lithium spodumene deposits found in Australia's Greenbushes deposit or Brazil's Minas Gerais region, the lithium petalite found in northern Portugal requires processing that makes it economically uncompetitive, Leal Gomes said."

https://www.politico.eu/article/portugal-lithium-mining-project-scrap/

EMH is the 4th largest hard rock lithium resource in the world. It's Lithium Hydroxide production costs are amongst the lowest (single roast process as opposed to SAV's double roast). It's half owned by a large utility that's building its own gigafactory and that has billions in the bank. It's party to the EU battery alliance and will almost certainly be in receipt of substantial EU development grants. It's located right in the middle of the EU's EV industry and so has minimal distribution costs.

As usual you base your snide remarks on falsehoods. What is your problem? Why are you so bitter and twisted, you sad and conceited little man? Shall I head over to the SAV board and start laying into the company there? What is your business here?