Member Info for Beevorma

I'm happy with the RNS, cost of capital in Europe was widely accepted as around 7% before the int rate rises so 7-15% is more than acceptable in my view.

I'm going to tune off a bit now, don't expect much movement until next production updates.

Yes all seems to have gone quiet on that front, that was a big part of the push from 90p to around 150p when I first got in if I remember rightly, must admit I've not really followed that part though...

Market doesn't seem to like the general update/suspension too much, but the proof will be in the pudding (next updates) I guess!

I was talking about the post by poster called tomorrow Genghis! :-)

Blatant de-ramping on these boards always makes me laugh, we could all sell and it would likely make little or no impact on the SP anyway.

No idea, a colleague I worked with in Finance used it as essentially another word for separate/split

Think there’s an element of Indian-English there, they love to use words like Bifurcate!

Precisely plaza, from drip to tap now then…

Again to regurgitate this part of the report relating to going concern, I agree with the current overtrading comments (which they seem to have managed well), but once the receivables from the new sales start coming in after 60-90 days there really should be no problem - as the gap between forward production cost and revenues with these new volumes more than covers outgoings (assuming the %’s remain static), this is clearly stated with the 800-900T per month comment…

All IMO of course…

In the first quarter of the current financial year, the Company achieved sales of 2772 tons which represent c.70% of the quantity sold in the year under reporting and the Company continues to ramp up its production and sales with a target to achieve 75-80% production and sales on the installed capacity. According to the Company's estimates, it achieves positive operating cash flows at the corporate level at an estimated 800-900 tons of sales per month.

Agree Genghis Trade receivables are a cash equivalent, so the cash ratio looks OK to me.

If they are generating profit then low WCAP should be easily solved, be it via discounting invoices or a loan/equity.

Might be the accountant in me but did no one else find the results a bit underwhelming vs expectation?

I know the longer term outlook is good and we’re ramping up but in my mind I was hoping the update would be a bit further along in terms of capacity and EBIT to be honest

Even if it’s a good update in the end Chris he’s still not wrong, any bigger investors would avoid based on this sort of thing

hope so skel, my **** nearly fell out when i saw the word suspension this morning!

I’m not expecting a big bang tbh, well sustained anyway, maybe end the day 10% up and then over a number of months/next couple of updates creep up with further gains as they continue to deliver.

Hopefully I’m wrong though!

As it a video interview that's been published? would like to watch...

I thought his post was quite balanced TBF, it's early days and things can be delayed, but assume we're all aligned on the upside here...

Where's my update :)

Andii yes aware they are not AIM, it was more a reference to Astro's other speculative buys which have performed similarly over the past 18 months.

Astro i'm in the same boat (bought on the Mateus share chat group) but I see this as a far better bet than your average AIM stock, give it another year I think this will be quite another story.

Fingers crossed for a good production update next week!

Thanks Andii. My only comment would be offtakers like Thysen (for rare earths in their case) usually want a slice of the company to guarantee a longer term interest as opposed to a loan which doesn't give them much leverage once the initial offtake ends?