If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
If November was a record month it would be great to hear an update early Jan, although I can wait till the end of Jan, as mentioned below if investors are getting bored and selling out any drop below 1200 and I am adding.
Still seems significantly undervalued based on the company outlook.
Valuation of £200 million, on a EDITDA of £33 million for FY23.
The Below forward statement bodes well for the future.
· As of 31 August 2023, contracted revenue of £358m is due to deliver in 2024; a 201% year-on-year increase. In addition, the Group has a further c£145m contracted revenue for FY 2025 and beyond, underpinning the long-term growth trajectory of the business.
· The ambition of achieving revenues of £500m at a 5% EBITDA margin is no longer a stretch target for the Group, with the margin target already exceeded and as such management will re-evaluate its ambition for 2024 and beyond.
Reduces Assore’s Holding, also any delays with MIIF funds would have seen us not being able to hit shorter term milestones which as stated would have left us in a vulnerable position.
Again well played by management.