Member Info for Dcat80

Monetise

Time frame depends on how quick we can get the chemical plant and also the 600k PA production. It’s not an overnight job, financing should be paid off as well. Best guess for that level of dividend is 2-3years, i’m confident project can achieve that and obviously SP would be increasing before then and smaller dividends may well be available before (dividends good way for BOD to konetise$

Life changing I’d say from the position sizes some have been able to accrue on the quiet.

Got to know the rewards Tex. It’s because I believe they’ll be a lot more value on the table at 20p that I’ll be retaining most my holding when we hit that and they’ll be buyers dor the slice target!

Yep and the £50m PA return to shareholders is only half the profit I’m expecting to be produced each year. Assuming they’d look to develop other projects such as Mocidad etc with the rest. Then you’ve got what ever our share of Valore and fodere groups might be worth.

I’ve posted numbers before, if you understand them you’d see a hundred bag is possible should all go well with pigment grade tio2 and the larger 600k pa operation (which is small in itself). Not going to happen overnight, but the deposit and technology is there

I’d laugh them out the door and refuse to even consider them as a capital partner.

BOD are patient enough. Production and dividends will provide them with the best return and it’s not as if an entity could go hostile in takeover bid with the share register as it is.

Pretty sure JP exercised warrants when SP was below strike price whilst letting some lower lapse. Bought money into the company when required to keep things going over, just like lending Valore money for drill programme.

Jangada don’t have small cash flow needs so unlikely to see.

Expect them to lapse, but as suggested hopefully if there is newsflow that would have triggered them it will start getting released soon (if bod don’t feel dilution at 6p is good for holders).

If you’re going to dabble in a new sector then it makes sense to do so when interest and sentiment it strong. Have hopes resource sector will be the next area to attract more fluid investors, god knows it’s been a long time coming!

Tomorrow evening warrants expire. Maybe newsflow will start to pick up then if BOD have items up their sleeves going through final sign off. Saves dilution of 15% if all had been converted and keeps that free float down.

Agreed. All we can do is evaluate the risk vs reward, whilst looks stacked in our favour there is always unknowns.

Likewise with stock being concentrated and illiquid it only takes one largish holders personal situation to change and cash required for selling to bring us down.

It’s my largest position for a reason though, rewards on offer if all goes well are exceptional! Shorter term always harder to predict, but we don’t seem to have the impatience here that is easily picked up on other companies boards or twitter!

Future - nice to see a new name and glad to hear my posts have been beneficial. Think your buys today should look like bargains in coming weeks/months

Obelix - don’t follow the pharmaceutical plays much myself as just an area my knowledge too weak in/outside my comfort zone, but few names stick out and know they are considerably higher than SPs you mention below. Well done.

Fair warning Obelix. If Jan ten bags as quickly as your covid plays did I’ll be looking to replace my lucky rabbits foot with an Obelix toe :)

Always treated middle age as 40-65. Then older age when pension kicks in, however as pensions keep getting later and later in life you might be right!

Some make good money chasing over valued but momentum plays. Less exciting accumulating the quieter value plays, but much safer and gives one time to research. Think I’ve become much more laid back in my middle age!!!

Obelix - it’s as simple as whatever you buy now at this price I suspect you’d get back in quarterly dividends within 2-3years. There is that much value here it’s crazy

Interesting. Gone from n/t to good volume buy and sells at this level. Circa 2% of free float traded today. Who will win, buyer or seller? :)

Back to n/t and putting in orders. As before market size 30k and MMs have to accept any order upto that limit at quoted price 3.1p. Why don’t they just increase the spread and create a market, better than constant n/t...

One way to consider longer term rewards is think of the free cash flow and potential dividend. Easy to see £50m PA returned to shareholders. If no dilution that’s circa 20p per year dividend per share with SP obviously expected to increase to reflect that yield. That’s why I’m keen to retain majority of holding.

Thoughts were to take 20% off at 20p which against 2p average basically means double my initial investment. Reinvest some and have some fun with the rest. Then let the remaining 80% make me wealthy.

Obviously we’ve all different objectives, holdings and time frames. However really worth considering the longer term potential. Economics in PEA once released in Q1 then how project financed will make it much easier to go through those rewards