Https://www.mining.com/lithium-price-plummet-due-to-continue/
this is a worthless coompany
Here is what i dont understand. 5 years ago DKL planted a huge amount of trees. they take about 5 years to be good producers of FFBs, production in the year 2021 was 190k tonnes and this year that hasnt increased at all. where has all this 'own' planting gone.. why has there not been a huge uplift in production over the last 3 years.
Zero before 30p
These are solid numbers
All sounds encouraging, but mention of profit margin on the copper production
Brent back over $80 pb.. looking good to go higher
Yes the results on the face of it are good, but looking at cash, its dropped by £1.5 million in 6 months, they have term debt on the balance sheet and the dividend yield at 2.5% isnt that attractive.
CH likes a headline, no doubt about that, but they have spent the best part of $13 mill on the slawson assets so far so this 800 odd BOE addition has a long way t go to pay for itself, and that other debacle state well disaster is costing huge amounts. they have burned thru $10mill in 9 months and will have to come back to the market next year, The balance sheet is carrying huge debt but he only talks about the available cash... and this assets on the balance sheet?? watch those assets getting written down. Ch is the dog that barks for this dog share
Ptal cash flow forecasts were based around $85 Brent.. its at $74.. thats $11 per barrel times 15,000 barrels.. PER DAY shortfall. no wonder the share price is going the wrong way.. that's $165,000 per day !!! short fall..thats $60 mill odd per year.
Nothing seriously wrong, its a dividend trap plain and simple. mountain of debt. showing as a yield of nearly 12% which is plainly on the face of it extremely high, but it is obviously will not be paying out divi at that level when the next one is due.. it will be paired back to somewhere around 6% in an effort to cut the debt mountain and still better than a cash isa. so you either believe that divis will be paid out at the current 12% yield level or you dont. The market is telling what it thinks right now
This has turned into a dog.... too many promises no delivery
10 days to go
Big question... how's the water level
Cheetham has a great record of finding oil and a terrible one of getting it out of the ground
Prelude uo a fluting fund raise..
Waiting for doom and gloom, we'll here it is, ...sar are burning thru 4 mill a year, the terms of the loan not disclosed which means someone has been bent over the office desk. 2 mill nett of costs, really... and what about the interest rate or is there a convertible share option tied to it?. This is slippery at best.
Equity prepayment facility??? = Diluted fund raise.. seriously ...
even for jay cheetham, this is the most bulll**** he has talked in a while
Bigbanana, sounds like youve bought back in now after a couple of months of negative comments you've turned positive
overheard t the agm, give me strength... what a load of ******