Member Info for cannyladdy

Was very nice to see a tighter spread on these this morning.

Cash contracts on the LME reached a $90 a ton premium....https://www.bloomberg.com/news/articles/2022-01-18/nickel-resumes-rally-as-metals-await-more-china-stimulus.

I started looking again last year in the back of the Inv Chron article in March entitled Russian miners ae being hoovered up. I then watched the shares and my investment fall as Amur wasn't mentioned. HIghland Gold went in 2020, then Trans-Siberian in 2021. Amur next? Is it close enough to an end game to attract a predator?

Nickel stocks down 73% from 2017 levels and 60% off recent highs seen last year. Nickel price reached a record of $54k a ton in 2007 on China manufacturing boom, and is currently just off multi-year highs at $22,840 a ton. Global electric car sales reached a huge new record in November of over 700,000 units compared to just over 400,000 in 2020 and less than 300,000 in 2019. These stats are what got me back in here last year after a previous fantastic experience. All the right figures are there yet the stock has run out of puff. Is there no more excitement over the TEO's now hopefully short release timescale?

Small electricity generators run on gas. Take up smaller footprint than batteries generating the same so easier to get planning permission. Can run for as long as you have gas, so longer than batteries. Originally used gas peakers were piles of crap as no-one expected them to be used and they hardly were and when required didn't work very well according to reports on the web. DKE using Rolls Royce so quality is there. Recent report from Energy Networks Assoc said Britain breaks network flexibility record with 45% more contracted than all of 2020.

Had a lot of fun with this a few years back and with electric cars back in the news today from over the pond with President Biden joining in with his fellow tax guzzling politician mates and waging war on the gas guzzlers I thought i'd do some research on Amur and its nickel. Some very nice announcements in the last year re the increased resource. Good short term profit on the Nathan River investment but was confused as to why Habib who I thought arranged it left. Even more confused as to no goodbye statement by Robin Young unlike others whom had left , suggesting to me some tension. I would have thought someone earning the company $1.4m in a few months would have warranted more than a hidden one liner. Googling him, he left quite a few companies this year, including La Tourelle, his wife's company and which brokered the deal between Amur and Nathan River, maybe enough money was made from that for him to retire early, lucky man.
Also liked one report I read on the website from a couple of years ago stating that expectations were for a nickel price just north of US$8.00 per lb expected in 2023, only to look at sharply falling stocks of it and a price of US$8.7 today, so all looking very good. Need to shake my need to know why Habib left with no fanfare, just a one liner buried in a release. Very very tempted to get back in but need to scratch that itch first.

https://www.energylivenews.com/2021/07/30/britain-smashes-record-with-grid-flexibility-up-45-on-previous-year/

So the recent large holders are still buying, wonder what they know?

The Q&A on dukemounts website says they have and continue to receive unsolicited offers of funding. and they will continue to consider them. I can only imagine or hope they are considering them pretty hard now. Board have seen that any old deal aint gona get through so lets see how hard they can negotiate

4m shares traded since the GM news, what now?

https://www.proactiveinvestors.co.uk/companies/news/953909/dukemount-capital-focus-on-sustainable-and-flexible-energy-sectors-953909.html

Arlington don't want to be tarnished and yet the JV news is on their website under press releases, so they're not scared of being associated with Dukemount . As the DKE website used to say, some of the assets will be sold, so its better to sell a complete subsid with the assets rather than the main company. Hence, in my mind why HSKB was set up as a vehicle.

What makes you right? Some shareholders selling? How on earth can income within 12 months be bad? If you hate the deal so much why don't you sell up and move on?

So are you proposing an alternative of do nothing? Are you seriously suggesting that would be better and will do shareholders any good? If the board were as greedy as you suggest then surely the chairman would have used up all the headroom and called in his loan for £500,000 rather than hold off and let the company move forward with a £6.5m facility. I've seen these things used well and i've seen them used badly. The ones used well were to implement a growth plan, the ones used badly were to keep the lights on with a spurious plan.

And in the meantime, those of us who bought last week will enjoy watching the tears from those who didn't lol.

Just been reading info on battery v gas peaker and while battery is better for sub 2 hours, gas peaker is still cheaper and more reliable for over 2 hours. Anyone know the difference in price for building gas peaker's for 10MW and a 10MW battery storage site?

Would suggest that anyone who can put this kind of investment into a company knows what they are getting into as trying to unwind this position will not be easy , suggesting they are in for the longer term.

Didn't Hornsby buy over 490m shares, nowhere near that volume in last few days, so where do you assume he sold them? I liked the interview and bought another 1m shares at 0.43p. Can't see where else they will get the finding for gas peakers without far greater dilution or cost. If this facility is voted down what next? A shell where the new owners award themselves a huge pile of shares diluting shareholders and may have a deal like some precious metals that may be in the ground in some god forsaken place? Done a lot of reading up on flexible energy and I like what i'm reading. Who knows when universities will be ready to concentrate on anything other than their own income especially from foreign students, i'm glad their moving forward and have the funding for it, rather than waiting for recovery in other sectors.

Wouldn't make such sense for Mir to be selling into any rise as his shares are only worth something above 0.65p.

Sounds like a win win for the JV. Could DKE get into this market without a partner already working in it? And would you have a 50/50 partner who doesn't put up their share but only takes out 50%? With the specialist funders, I was referring to those HSKB may already know and used for the four projects Arlington have developed. I believe Gazzard is a director of Arlington and has been in this sector for a number of years.