Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Only 75.73m shares are in issue so it only takes a few buys to raise the sp. Probably a rerating soon of £1-30 +. I reckon 2024 will be their year of exciting times. See that today's rise of 9 - 10% is showing no trades so maybe some news soon, or maybe it has been tipped. An interesting bullish news report follows. ..........
PRESS RELEASE 19 DECEMBER 2023
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC
The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 f +44 (0)20 7246 6831 e contact@serabigold.com www.serabigold.com not amount to an invitation or inducement to
Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
“Additionally, the discovery of new potential porphyry systems at Ganso and Cinderela, in addition to the other
discoveries in the region, are advancing the Tapajos province as an emerging copper province in the north of Brazil,
and Serabi’s land package and quality data puts us in an ideal position to take advantage of this. Mike Hodgson CEO commented.
“We are excited about the positive results we have received from the Matilda prospect and to intersect porphyry
mineralisation in 12 out of 19 holes is a very encouraging indeed. The drilling has continued to expand our geological
understanding of the system.
“We believe that the Matilda prospect is still in its infancy and has much more to deliver. Typically, first stage drilling
into porphyry systems would be in the region of 15,000-20,000 metres, so we are delighted with these results after
just 7,500 metres. The drilling indicates the copper potential remains open along the strike and at depth, especially
because of results received for the recent holes MT-018 and MT-012. Matilda’s geological characterisation as an
Alkalic Porphyry style system helps guide our exploration strategy and suggests that further results can come from
deeper drilling.
Home - Serabi Gold
Can't see a lot of selling happening pre suspension, as if they secure funds the share price should lift further, even if a backer or backer's pay less than 2p per share. So when they eventually announce their results don't be surprised on lifting from suspension the price is 2.2p say ! & quickly trends in the upwards direction. Guess it's depends on how much backing they get. So as other's have posted '' It's a gamble''
Received in post today. Voting on the takeover to have taken place within 28 days from 22nd Dec.
I bought these after their positive news late October as they started rising. Have noticed it's time to buy more owing to I reckon they are a bargain price at 7p less than I paid in early Nov. Expect the rise upwards soon; they may also be mentioned in papers as a New Year Tip, so best to invest prior tomorrow ! Maybe !
Even had some Asia Energy shares years ago and managed to make a profit at first. That's how exciting the companies prospects were at the time and a multi-bagger at £8 was so tempting to investors then. There were not many shares in issue though.
On 11 January 2007 Asia Energy changed its name to Global Coal Management plc while maintaining that it was "fully committed to the Phulbari Coal Project in Bangladesh".[4] The AIM-listed company has subsequently changed its name to GCM Resources plc, and has invested in coal and uranium projects in other countries.
But even more exciting now ...... According to GCM Resources, the two 1,000MW power plants, which will operate under the name Phulbari Coal and Power Project, will be built at its proposed coal mine in North-West Bangladesh.
The UK-based coal mining company has agreed to form a joint venture with POWERCHINA, which is a Chinese state-owned engineering construction company.
Based on a mutually agreed valuation of the power project and investment appraisal, GCM Resources will hold a stake of 80% while the remaining 20% will be owned by the Chinese company.
In addition to the joint venture agreement, the mining firm has awarded EPC Contract worth $3.5bn to POWERCHINA, giving the latter exclusive rights for engineering, procurement and construction of the Phulbari Coal and Power Project.
Hold Ben & also some GCM. Guess coal is coming a necessity in both regions for these two stocks.
GCM Resources plc (LON:GCM), the AIM listed mining and energy company, has identified a high-quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project (the "Project") in north-west Bangladesh.
A pleasing read this morning. Now they can concentrate on all their other projects that will bear fruit next year onwards.
This flies when investors catch up on any news. The reason is owing to only 120m shares are in issue. It's below this figure and expect to see a lot more interest after press news etc.
Might still tick up a bit tomorrow, but tend to agree with you. Nice for those who bought early last month. I did sell out in their previous rally @ 32p though. There are other tempting oil stocks to invest in though. There might be a selling frenzy of AFC quite soon.
Recovery on it's way and they have also mentioned in their posting they are confident for the future in 2024 and beyond. Ha ha ! I sound like Buzz Lightyear !!
ITM Power had definitely been oversold, however it's a blue day all round. With £2 target price forecast, and their news about the deal with Germany, this would be better to invest more money in than Ceres Power, but even that is due a good recovery if all goes to plan for them. So backer's of fuel cell companies would most likely be topping up on both today. Why not & yesterday's investors in both these companies should be extremely happy .
Just had to top up my holding with today's news. Well done ! to investors fortunate to buy in yesterday afternoon as they are sure to have found the lowest price most recently. Take note their placing in late January is @ 20p too. Near to 15.5m shares to be scooped up.
The placing works out as follows with today's exchange rates.
Placing price pre 31st Jan. to be $.255 = 20p. 16.28m shares in placing.
So I doubt these shares will fall lower than today's price around 17.26p to buy around 13.15pm. But they are a 'tuck away' for a future return of a 5 bagger +
So this was 19th April 2023. Realise the company has potential, however this might already be factored into it's price.
Chapel Down Group PLC - Tenterden, Kent-based wine maker - Chief Financial Officer Rob Smith buys 407,462 shares at 34.7 pence each, worth GBP141,389, in London between Monday and Tuesday. Smith is now interested in 2.0 million shares, a 1.3% stake.
This order, with an aggregate value in excess of $8 million, with all the licence element of this contract being recognised in the Group's financial year ending 31 March 2024 ("FY24"), means that the Group now expects financial performance will be significantly ahead of market expectations for FY24*.
This was posted along with their splendid reading announcement @12.30 5th Dec. by Intercede plc - IGP.
ITM Power revealed net cash at the end of the first half of the year of £253.7m against full-year guidance of £175-200m.
Based in Sheffield, ITM Power specialises in making electrolysers, devices which use electricity to split water into hydrogen and oxygen .... a fundamental part of the green hydrogen generation.
The company's chief executive Dennis Schulz said that a 6 months into a one year turnaround plan, the company is building a ''strong foundation'' and there is '' already a picture of a new ITM''.
The old ITM had it's fair share of woes in recent months. Despite difficulties, the company recently vowed to list in the US, swayed by the Inflation Reduction Act.
Just read this in today's CITYA.M. & Titled '' ITM POWER : Hydrogen specialist making 'Substantial progress' in turnaround''
HYDROGEN power producer ITM Power said it is making '' substantial progress '' towards building a solid operating year with both revenues and losses in line with expectations.
In a trading update, the firm reported half-year revenues of £7.5m. within the £10-18m full-year guidance, and an adjusted EBITDA loss of between £22-23.5m against a full-year guidance of £45-55m.
I strongly agree the price of AFC Energy should be 4 times today's price considering how advanced they are today. I did however sell my majority holding at 32p before they plunged along with other similar stocks. But they deserve to be recognised as printed in today's CITYA.M.
Quoted by chief executive Adam Bond '' AFC Energy's first pilot project is a major step forward in unlocking the barriers of hydrogen logistics and transport ''
Have to take some broker views with a pinch of salt.
Ceres Power has a broker view from late summer of £11 -40. Although there has been a slight delay with their upcoming deal; it will still happen, but the sp is nowhere near the forecast yet !
Like the £5-85 broker upgrade by Deutsche Bank today, so although posted, here it is again ..................................
29-Nov-23 easyJet (EZJ) Deutsche Buy - 585.00 Reiteration