focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Evan buddy, it's been awhile! Always good to hear from you!
The sooner the war is over the better for UKR, FXPO and my pocket. Pointless war, unbelievable destruction, abd countless dead. I nominate you as mediator, judge, jury and executioner going forward.
President Z is just a spokesperson and not the real power in UKR. The ultra nationalists which are the the real power and have the guns in UKR will have Zelenskys head if sues for peace.
Peace will come when E.U and more importantly U.S say enough and when the Ultra Nationalists/Nazis are ready for it. At present, we're no there yet. I'd say as we get closer to U.S elections it increases the chance of the U.S saying enough, time for a deal.
Long live Ukraine and FXPO!!
Hear hear....
Please be aware the Donkey (very fitting name) and his band of trolls, post and hope for a back and forth. Everyone is very much aware this is the best JV a junior has ever received, as you can see with the steady SP rise.
No need to respond Donkey, lets just wait for cash to hit the bank and few more rigs mobilised RNS to settle this.
The issue is vast majority of graphite consumption is in China in the form of battery use or other industrial uses. Others consumers are high tech south Asian countries notably south Korea. it's also no coincidence they have processed our bulk sample in china and sent to Chinese offtakes.
Very likely some if not all will be Chinese offtake, likely set for set duration of time.
Junk, Ukraine electrical network is very unique. They are based on soviet design and the countries South East of Europe of have power infrastructure which is very intertwined. Setup intentionally do keep the soviet states dependent on each other. For example, we heat our homes with central heating, gas comes into our homes and boiler etc uses to gas to heat up water for washing and central heating. In UKR, they heat there homes from a neighbor hood central heating substation ie gigantic central heating system/substations which pumps hot water to 1000s to 10000s of homes within the area. You hit that substation you leave 10000s without hot water to wash or hot water to run through pipes to provide heating for the homes.
The EU countries which are in South East have been replacing and building Western style power systems. There is very little few places which still build the parts of the power generating systems which Ukraine uses now, apart from mostly Ukraine which only produces in very small quantity. I expect another hard winter, as Rus with Iranian help has developed faster and harder to intercept drones.
We shouldn't forget NvS had various opportunities and counterparties to JV or even sell or license areas to but he held firm when most companies would of done jv with the first major that cane along on rather unfavourable terms as we usually see compared to our JV terms which are innall likelihood the best ever for a junior.
This gives me very high confidence that if, not when an offer comes to buy our stake, NvS will again ensure it is the very best there is. He has set the bar very high with the jv terms for the takeout terms in my books.
Personally, due to my circumstances (relatively young age), my preference would to see us become a producer and receive dividends. Not saying on every discovery but at least produce on one and sell the others. I have never been so sure that we have at least the one tier 1 on our licenses, otheriwse there is no way AA would of given us to those terms. Bots also looks promising but the main show is Zam....for now.
I have a very significant holding here, and wont be selling any the foreseeable future and even then i will still keep a large chunk here for when we hopefully start producing and i receive the worlds best divi. Real value for me starts at low double digits and I'm confident in due course we'll get there.
As per FT.
The Snake - £603k
Retter - £437k.
Stellar performance to date by the above.
Lawrence - always good to hear from you. Not bitter at all, In all honesty when i hit the sell button and was qutoed £1 i was shocked, it wasn't lower after reading the news- within minutes and days later it was significantly lower. HZM is a page in history for me and I'm very grateful i got out where i did but i will be watching it closely and commenting where appropriate as it interests me on how badly JM and Retter screw over PIs next and how they both will without a doubt benefit from it - It's inevitable.
"Fear" - what caused the fear? Could it Jm saying a few week back all good rerate expected and then the rns starting at least 200m short and 12 month delay. What did you expect? People to tell themselves "I'll fight the fear" and watch my invest reduce by significant amoun just to fight fear? Its logical reaction, you read the rns and then know the news being announced couldnt be worse and our BoD are deceitful in everyway. Its time to sell, knowing everyone else will likely do the same and then sp will sink to epic proportions.
Nice philosophical quote but 4pm is a little early to be smashing down the vino.
Like your optimistic outlook always Lawrence but in this case with an average of 72p, you got very up hill battle IMO.
Strow - not sowing saddness or trying to horrify anyone. There was enough of that in the October 2nd rns.
Good luck to all innHZM and have a good weekend. I have no doubt th Snake and Retter are having smashing weekend so far.
Bitter, no. I exited at £1 with a small profit thankfully on my significant holding.
My "speculation" Is based on strong past precedent of PIs being shafted three times every time worse than the last.
On top the shafting, they decided give themselves commissions of millions for securing a unfit financing on top of there annual salaries of of several hundred K on a project which doesnt generate a dime yet. Based on the strong trend and past precedent of screwing the pi you can expect another shafting by JM and Retter because its what they do this time with the blessing of the apex predators.
Your speculation is strictly based on rose tainted glasses, NOTHING more so go read some and learn. Back to investopedia, and maybe start with what FTSE stands for.
I've agreed with those wicked mms not to let the sp rip until i get my 2m with an option to add another 1m subject to 1 weeks notice.
Bring on sub 5p....inevitable. No one ever went broke from taking a profit.
Clearly only a few PIs learned their lesson of being bent over and used by the Snake Jeremy Retter and the BoD three times. The 3rd time everyone got royally screwed and your still looking for Jeremy and BoD to save you.
Th SP is where it is due to them, no one else. Just a few weeks before the sp tanking rns, Jeremy said on the call "on time, on budget, re rate expected" then BOOM we're at least 200m short and 12 months behind. In just a matter of few weeks this all happened!! Insulting everyones intelligence.
No funding is coming until the apex predators such as Glencore no exactly how much they need. It will very likely be more than 200 due to the fact Jeremy lies as easily as drinking a glass of water and its the way he operates - intentionally does raises at the lowest sp, and doesnt give a damn about you! He would sleep like a baby if he knew every single pi is homeless due to him. Why? Because it fits his character and has his millions in commission for securing an unfit funding "package".
They are extremely incompetent BoD at best or deceitful and fraudulent at worst. Either way your getting shafted again!!
Good luck to all and anyone thats lost significant money for them just know your not responsible! Jeremy, Retter and the BoD allowed this to happen.
Looks like a sell to me.....
SVML Kasiya - very very low grade 0.5%.
Bres is an average grade of 6-7% and very high quality as you lot have bickering today like a bunch hungry squirrels.
Highest grade (29%) and one of the largest deposits (if not the largest?) in the world is Sarytogan Graphite, located in "Hello, I am Borat, nice to meet you, very nice".
Rus has commenced large attacks on critical infrastructure. I assume industry will again be forced to cut/cease use as its not seen a priority like last year.
"Officials say Ukraine is bracing for a second winter of Russian air strikes on the energy system, which they warn is more vulnerable than it was last year as it has less excess capacity and little in the way of spare equipment."
https://www.reuters.com/world/europe/russian-drones-hit-civilian-target-ukraines-kharkiv-officials-say-2023-11-02/
How foolish of me...let me rephrase, Micro caps not ALPHA INDIA MIKE.
Naturally assume if its microcap, its on AIM....
Short, very few AIM assets and management as good as this. AIM is notorious for lifestyle companies, until now, this isn't one of them IMO. Take 20p and then what, invest in another AIM stock or a wild night out at the pub with fine Spanish chica? Wait a little longer and you can receive much higher than your 20p for a very long time on an ongoing basis.
I have made a commitment to invest more on ASX and TSX rather, as the management typically have the objective of building a mine not just hopefully find something and sell it like they do on AIM.
Happy meals on me on our first dividend!
Seems a tad excessive but good know we would get a premium price on our super-premium anode grade graphite Whatever that price may be.
Here to never being takenover. Only a short sighted foolish AIM investor would want that when you could be earning dividends of at least the SP today per annum.
Compound interest baby! If you listen to Warren Buffets interviews of 50 years ago or today, he mentions "compound interest".
Forgive the typo Ricky.
My fat fingers were far to excited we're dropping sub 5p tomorrow and hit T instead of D.
No trolls today....
The orchestrated effort has taken a break....
Exactly why I want you to take the risk....keep up!