Member Info for Beamer21

In my opinion the conservative range is 147p - 196p

Base case and bull case numbers are mind blowing

With the war in Ukraine seemingly going to rumble on, conventional fertiliser prices are going to remain high if not higher as energy costs are likely to rise

Crop yields will continue to be affected as farmers limit the use of fertilisers

All this increases the demand for low carbon fertilizer as buyers look at alternatives, the timing for FID couldn’t be much more improved that it is now

45m trade at 0.091 got to be a buy

I attended mobile world congress last year in Barcelona and the Saudi government had virtually a whole hall exhibiting their future plans and investment…..at the time it struck me as highly impressive and now I hold here more so!

So it now looks probable that the 25m buys are part of a larger trade to accumulate….exciting times

We had a nice round 25m buy early doors on Friday too….. same buyer maybe?

25m buy just appeared

25m buy trade early doors

EGM’s without good reason so add in the fact they have stated FID by end of January and the EGM is set for 28th January it’s more than a coincidence!

Stated it’s target is to declared FID by the end of January so the EGM scheduled for 28th Jan may be post decision

The float is critical as it’s so small and what investors need to focus on is the MCAP and fair value being achieved not the underlying share price

Those numbers fall perfectly into the conservative range researched this morning 147p - 196p

Base case and bull case numbers are mind blowing

Did some quick research via chatGPT and even looking at conservative post FID valuation the potential numbers are astounding

Chromo, thanks for the heads up

Took some but couldn’t get a live quote so settled with a limit order at 64p

Seems as though this is a rare no brainer!

The investors call was extremely positive with lots to look forward to

Shame there is no performance fees due from the fund but $18m is going to come in handy at this pivotal point

After full settlement of greenx my opinion is LCM could clear over 50% of their debt transforming their balance sheet, reducing risk and covenant pressure and on this award only LCM could rerate to around 33p

Its all about timing and risk appetite though but certainty regarding enforcement is nailed on now in my opinion

Even at £26m, in basic terms that’s worth 25.25p implying a share price of 36.25p

I’m guessing is around £54m depending on timing, interest accruals etc etc

The board of LCM must be elated with this long awaited news

Current mcap £11.2m

Or you could go for the haul and take a look at Litigation Capital Management who funded the Green X arbitration costs

A significant win for them at a pivotal point