Member Info for Dfens

People complaining about no updates
Here’s an update
This is very positive, the poz has passed testing, final test is live use
On Perlite it’s just getting the calibration right on the production line
Drilling scheduled in Aus so just more potential upside
It’s been slow but all going in right direction and not too much longer to wait
ATB

Bond holders happy....

Ok they are bidding, didnt see that earlier
apols, was just looking at headline numbers

Replying to quesera, yes I remember your post well and i know the game with pre revenue enterprise
Normally I wouldnt buy but the lure of significant SH value tempted me in
well, top ups not huge amounts so not sweating it although still not sure I understand the placing
will have a proper read later

OK , ive only had a skim read on a phone but sure it said proceeds expected to be about EUR15m
oh well I wouldnt mind but been topping up last few days, hopefully there will be some news flow not far behind

EUR 15m for 8.65m shares
thats about £1.50

If you are going to mine Bitcoin you need your own power supply.
Strategically this makes perfect sense
Impressed

Ive already started for the day

love that positivity
first smile of the morning

If I had bet a £1 against every time we expected the Nasdaq to support the price I would have made more money than I have from the share...

"managing our various CMC (Chemistry, Manufacturing and Control) projects
Coordinating and implementing outsourced CMC work in process"
looks like getting ready for production

Just looked on Zengahs memberpage and all his posts are gone

Morning all
Yesterday I was replying to MoneyMaker of 10.30 and there is no reference to 1p in my post
If you look in my history you will see in August 2020 I built a financial model to validate the Jan 2019 SVS research note and updating just 2 of the out of date assumptions gave a valuation of 1.6p
I haven’t updated it since then but for what its worth, my expectation now is north of that, excluding any upside from PMs

I am invested here because this is low complexity, low capex and with a short lead time for production
If offtakes are signed with big players then finance can be arranged on back of it
There is no sense in PC diluting himself with a large placing?
Curioulsy only thing I am concerned about is the PMs
Heres why
I am in a pharma that has a drug that was invited to join a WHO Covid trial
A few months later WHO said it didn’t work, which was nonsense as they did not use it in the right way, despite being told
Anyway point is, the SP crashed because suddenly it was a “failed Covid” stock
So any disappointing news on the PM front could have same effect here
Having said that, there is plenty of value in the project so if that did happen, IMO it would be a short term effect and hence a buying opportunity
(The pharma SP has also recovered now)
ATB everyone

Congratulations, a very good investment!
Sorry to say this only came on my radar yesterday
Need to do a bit more research but does look good.

Form says they ceased to hold more than 5%
Page 7
"reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [X]"
The event date was also 31 Dec

Our latest report “Lithium Outlook 2020: Bottoming Prices Signal a Bullish Future” details the current state of the lithium market and where it is headed in 2020
?

Hi All
I am in here so naturally enthusiastic but stay rational
A 100 kwh battery (Tesla) would require 1,200 kw for 5 minutes. Or 1.2mw.

Speaking as a Financial Modller, I am somewhat dubious of a positive NPV becoming negative
That is a massive change
I imagine Wood will be furious with that report

Agreed
There is very little in the way of this flying
apart from the MMs spread of course