Member Info for Camkite

Rhodi - I do admire anyone who can look at a pop and picture a rock of gold.

Now as much as I do have faith in the investees yet again I’ll say... they are not the problem, the problem is our monotone CEO (why tf is he ceo ??)

“ Frustrating for those that dread another fund raise but we have more than enough money for the next 12 months so lets knock that on the head now. ”

Clearly said in the RNS that they were actively looking at new investments.

Now here is the problem.

Albert sisto sees a £4.4m yoy fundraiser against a 0.3p YOY growth as a success...

Ever since 2015 he has been saying the same thing that “ultimately” we are looking for exits... yet 6 years later, after delivering no growth, no exits & no value he is looking for more investments.

More investments will require more fundraising.

“ Significant shareholder value and another above expected shareholder return mentioned. Two very positive statements which is of the most interest to me.”

He said this in 2016 - do yourself a fabvour and go and read historic statements!

Last year he mentioned the value event by the end of Q1 - bs.

Last year when needing funds he mentioned a huge interest in partners and news flow in the immediate future - bs.

And yet you still read his comments as if they hold any credibility ??

Surely there’s someone here who has done the figures?

“ Once in production the Company envisages that the 7.5 MW smelting facility will be able to generate 190.5 tons of vanadium in **** grading 36% V and 21,000 tons of HPI powder per annum. The third product is Titanium in **** with anticipated production of 4,134.5 tons grading 65% TiO2 annually.”

Walkley-

“ 1.4 billion pounds of Vanadium” current spot price is $7.30.

“ 27 million tons of High Purity Iron in situ” current spot price $160

Defo a couple of quid more than £10m

“ Iron - Possible transactionTue 07:17
RNS
Possible transaction
The Company is at an advanced stage in talks with an investor seeking to take a substantial strategic equity stake at the listed company level at a premium to the current share price in order to assist the Group with the next stage of its development. Whilst there are currently no guarantees that such a transaction will be completed or by when, the Directors are hopeful of being able to conclude a meaningful transaction in the coming weeks.”

Size of resource is....

“The Company holds unfettered rights to 56.4 million tonnes of magnetite ore, which the JORC compliant mineral resources demonstrates holds 1.4 billion pounds of Vanadium (the equivalent to four times annual global demand), 27 million tons of High Purity Iron in situ and 8.3 million tonnes of titanium. The Project ore body is near surface, enabling simple, open cast mining. The current resource does not include mineralisation on the Luge Farm prospecting right which is near to the current JORC resource and which is yet to be defined but is believed to have the same geology.”

Worth $10+ billion

Current mcap £8m

Actually I will rephrase that...

How many billion dollars is it worth ?

What’s the NPV on the mine ?

“The Company holds unfettered rights to 56.4 million tonnes of magnetite ore, which the JORC compliant mineral resources demonstrates holds 1.4 billion pounds of Vanadium (the equivalent to four times annual global demand), 27 million tons of High Purity Iron in situ and 8.3 million tonnes of titanium. The Project ore body is near surface, enabling simple, open cast mining. The current resource does not include mineralisation on the Luge Farm prospecting right which is near to the current JORC resource and which is yet to be defined but is believed to have the same geology.”

Falling on deaf ears chuggly - true to form AS has lied again & will not take any thing on board or answer any real questions.

£XXXm for a FDA approved market ready drug that beats the competition

Would cost more and take years for any suitable company to bring one to market... surely there are vultures looking in.

Like we will see 53p very soon at this rate... 40p resistance gone.

This has to be RIPE for a takeover surely!?

May investor presentation- get your questions that wont get answered ready.

I’ve just realised in March we all get to watch al sisto drinking warm Ribeana, shaking and avoiding any real questions...

Anyone else excited ?

Steve - even the biggest holder sold out of tern last year based on the fact there are far to many AS supporters in the company & that AS would screw it up.

Go and mention removing AS on Advfn you will get hounded and banned within 5 minutes. Bloody pathetic bunch over there.

“He’s doing a brilliant job”

At keeping the share price down.

Proud of a 0.3p rise to a 7.3p nav after raising £4.4m fml the bloke wants a slap.

“ As an investment company, Tern does not consolidate the results of its portfolio companies and instead holds the companies on the balance sheet as assets. The fair value of these assets is assessed at the balance sheet date with reference to previous fundraises or investment valuation, a comparison to transaction multiples in comparable market sectors and an evaluation of the 2021 sales pipeline.”

"We believe the Tern portfolio today is appropriately diversified across sectors and geographies, using technologies in novel and ground-breaking ways that are relevant and will be attractive to much larger enterprises who need new sources of revenue from state-of-the-art products and services. We are working hard to ensure that the value created is unlocked in time through third-party investments and ultimately the exit from our holdings."

I’m just saying 2 weeks is not long, I doubt there is a huge amount to update & pointless putting out vague rns’s..

Imo we’ll know the score by end of April and this will be trading again by the end of may.... in the mean time let’s hope opec keep their production cuts so oil stays strong.

Opec meeting on Thursday

Dude it’s only been 2 weeks & he’s put out 2 updates... 2 weeks and there’s a bs pandemic. Chill yer beans

agree with you completely mate. They don’t just pile in at a rate of knots and end up paying more spooking the market... any accumulation is done over a period of weeks / months & no matter how tight any ship is when there are 2 sides to any agreement you can guarantee someone would be buying.

Ii’s use charts for entries and exits - wait for it to drop back on sellers then put orders in again etc.

Wouldn’t it be funny if some of those big sells were shorters getting ready for their usual rince repeat setup they have been creaming for the last 3 years only for this to get suspended and then open up at 50p

Account value = -£250,000 lol

My apologies Madam. Gl

You sound excited chap. Should be good for a run here on in, as someone else mentioned 53p Is the first solid target, next week or so seems fairly likely.

Could hear a pin drop in here a week ago, defo more interest this week. All good.

They are more than happy to take large amounts... Seems it's retail that don't think much of this one... clearly imo orders in the background.

Just closed to opening new positions on the Spreadbet... they only do that when they are in demand.