Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Luke, swap the 1 and 5 around and that would be looking better..
Agreed Malik, the market has not reacted to either the increase in income/MW on the grid balancing side of the PF or the near doubling of Nickel over the last year and we are near a low since changing to CRCL, this is not an unusual patten prior to a huge move. When management show the market they can get deals across the line then a major catch up will come into play. CRCL is my bet on the AIM stock of the year, even if I am wrong on that the risk reward from here looks exceptional.
Also for those critiquing management for their speed of delivery on deals should be grateful we are negotiating those deals now.
Feels like things are coming together nicely, my last concern was Scott and team did not have enough skin in the game, this solves that problem. Really feels like this is shaping up to be one of the top AIM shares this year.
Neometals just listed £40m MCAP, anyone know anymore about them, my quick skim would make me prefer to hold CRCL despite an 8 x valuation different….
https://www.neometals.com.au/our-projects/core-projects/barrambie-titanium-vanadium-iron-project/
Converted at 1.5p as laid out last week, a good confidence boost while we sit at 1.3p.
Maybe the interested parties decided to wait for CM contract prices before committing. Mast announced this today, seems a massive positive change. With energy markets as they are at the moment I personally would delay making a decision until knowing.
“Mast Energy Developments Plc, the UK-based multi-asset operator in the rapidly growing Reserve Power market, is pleased to announce that pursuant to the T-4 Capacity Market Auction results, the 100% owned 5 MW Bordesley Project was successful in securing a Capacity Market (CM) contract of GBP30.59/kW/pa for a period of 15 years.
The T-4 Capacity Market price is GBP 22.19/kW/pa more than the Company's original reference price of GBP 8.4/kW/pa, as published in the T-4 Capacity Auction for delivery in 2021 / 2022.”
Thank you Malik
Does anyone have the link for the CRCL telegram Group?
Mcfcnige, I am not an expert, but the warrants are under 20% of the company, on a good news run they could be sold out pretty quick. However Align have CRCL as a conviction buy with 21p target, I would assume they would not be unloading at 2p for a quick gain.
https://twitter.com/shares_ftse_aim/status/1496181208530698247?s=21
Align picked up on the zero hedge article I posted. Nickel surge can not be ignored in our valuation for much longer. Such huge reserves and MOU signed.
The market just needs evidence Scott and team can deliver, with the hurricane tail winds we have I am pretty confident they will get something in the goal.
https://twitter.com/alignresearch/status/1496158149170298882?s=21
Nickel is looking very strong hitting decade high.
https://www.zerohedge.com/commodities/nickel-prices-surge-decade-high-amid-soaring-battery-demand-and-ukraine-crisis
mcfinge, I think things are coming sooner than you think. With this funding out the way I am banking on them taking advantage of the annual spring bounce to roll out news.
Align think so also.
https://twitter.com/alignresearch/status/1495662418495692800?s=21
I found this bit of the announcement encouraging today
“As previously announced on 14 December 2021, C4 Energy Limited ("C4"), a Company controlled by the Company's Chairman, also intends to convert its current debt position of GBP126,917 to equity, which will be subject to a further announcement as appropriate once a formal agreement has been entered into. C4 has indicated its intention to convert this debt at a minimum price of GBP0.015 per share.”
1.5p seems a decent “floor” in the sense that it needs to be above that for this to all work and I can’t imagine they would go to all this effort without an expectation of a much higher than 1.5p share price.
Align are aligned to a much higher share price than here, hopefully the market digests this mornings RNS and comes to a more positive conclusion than it has now.
The end result of all this will be 391,987,601 in issue, at 5p that is still under £20m MCAP. Just need Scott and team to deliver on one key area and that should be achievable. Sitting tight personally.
mcfcnige, Align certainly putting their money where their mouth it. I can’t see the warrants being exercised unless we hit a much higher price accompanied by serious volume.
That is a huge commitment from Align. A confident Tweet from them this morning.
https://twitter.com/alignresearch/status/1495662416226627587?s=21
“ 2/2 the next few months and that should be equity game changers for shareholders -”
CPFC84, interesting post. It is certainly unusual in an AIM share not to have a selling overhang. As I have posted before relatively small buying moves us quickly, throw in the news we hope for and I think we will pretty quickly be making new ATHs.
Each to their own, strong sell away. Have a look back at what was said on BBs when it fell to 16p on the COVID plunge, spoiler it was pretty negative stuff. Weeks later it was over 10x up. I tend to make my best returns when lots of clever negative doomsters reach peak doomstering…