Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Now its time to sell sell and sell, down to 40p
That implied electricity price is several multiple of what you pay when plugging in a cable in the wall in any state in the US. This comment in the Turner Pope report is so bloody stupid.
This is probably the most stupid statement I have seen in 2021. Why pay $30 when anyone can connect to gas hubs across the states and pay $4.5
Looks like nobody wanted to buy the UK asset and that they are now in run-off. Cant be good for the JV. No natural gas in the JV so nothing Centrica wants to focus on.
Hard to judge how bad todays news is, but it feels like the risk in the stock has increased a lot.
Time for a bounce
When will these delays end?
" Indications of funding support provided by certain of the Group's directors and the Group is investigating options to raise further capital"
Placing time
The company should have a good idea about the flow results by now. The company have compared the Paradox Basin to the Willston/Bakken area. The average fracked Bakken well reaches a point where the oil flow exceeds the water flow back after 3 days. Consequently, the company should have a lot of data on the flow at this time as the flow back and flow test begun after 25th Oct.
I am new to this company, but it seem to be hated by the market and trades poorly even tho results progress seems good. Why is the stock not getting any love?
Wake up, the mgmt is selling stock, there wont be any bid.
No RNS yet for todays presentation.
ODX not on the list.
https://www.gov.uk/government/publications/covid-19-test-validation-approved-products
Waiting forever for the DHSC. Disappointing that there was no progress on the DHSC.
If the gas price is going to continue to pull-back then I think Enwell will struggle, unless the the test result is very strong.
If CE mark is enough means that a lot of suppliers will be able to supply, flooded market.
Earnings announcement are rarely good days for companies like SAR. Retail investor build up expectations but there is seldom any material news in the earnings reports. Looks at Avacta, ODX, GDR etc all traded poorly on earnings and trading updates.
Newcrest commodity assumption are standard among large cap miners. GGP management clearly trying to tweak it to defend the high share price.
The problem is clear, yes the PFS is for Phase 1 but even when you look at the valuation based on $/oz and use it for a much bigger resources. We still not get nowhere near the current stock price. Newcrest reports net present value (NPV) of phase 1 of $228m for 100% of the project. Which values Greatland stake at $68m (£50.8m). This is based on 1432k oz gold and 62kt copper which gives 1742k oz gold equivalents. In the resource estimate from 10 Dec 2020 the total resources at that time was 4200k oz gold equivalents. Based on Newcrest valuation showed today of $130/oz ($228m/1742k oz), the total resources would be valued to $549m ($130oz*4200k oz) (100%) and $164m for Greatland Gold share or 3p/share. This resource will grow but even if it doubles we are looking at a valuation of 6p/share for Greatland based on Newcrest valuation methodology
The NPV reported by Newcrest is considerably lower than all analyst estimates out there.