Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Cheers Belderino
Hi Guys, any recommendations for platforms for Cryptos?
This is pleasingly informative, your points specifically addressed around 31 mins
https://twitter.com/PantherMetals/status/1344197536370864128
Agreed
all focus been on vaccines while treatments have been ignored
great to see news of traction
Although possibility of PMs is an upside, lets not forget this is where there is guaranteed value
tom111
I sold ECR to buy some here too at similar prices!
dont take this the wrong way but I am relieved I am not the only numpty...
Really appreciated Dubliner
thank you
As i have said before
IMO this is one of the most derisked shares on AIM
fair point Genghis
I guess the nuance is the risk of a "dump" is minimal as there will be contracts, its just a question of when and how profitable they prove to be
worse case scenario is the SP will be north of here just maybe not as far as we would like but even that is still IMO compelling
Sorry typo
This does NOT include any upside for PMs
Twiggy
100% agree, this is one of the lowest risk stocks out there, low capex, no risk
Reading some posts below speculating on value, in August I built a financial model based on the SVS research note of 2019
https://www.sunriseresourcesplc.com/filemanager/Research%20Notes/Sunrise%20Resources%20plc%20-%20SVS%20Securities%20-%20Research%20Note%2018%20January%202019.pdf
I posted about it on here at the time
Using their assumptions and adjusting just 3 of them I arrived at 1.6p
The capex they assumed was $0.9m
That note is well out of date and my opinion now is that a minimum value for the Pozz/Perlite operation is 2p and probably north of that
This does include any upside for PMs
hmmm sorry to say I think these are plenty bad
under going concern on P39
"The Directors have reviewed the cash flow forecasts prepared by management up to and including
November 2021, which are prepared on the basis that the Group continues to hold title to the African oil
and gas asset and which takes into account the fund raises completed post year end, as well as loan
repayments which fall due within 12 months of the date of the signing of the financial statements. The
cashflow forecasts also include the investments in respect of well interventions in Tunisia and Congo,
which the Group believe will be covered by a combination of funding generated by operations, funds
raised post year end, funds to be received from the national oil company of the Republic of the Congo
(SNPC), as well as further planned fund raises within the going concern period."
If they win the tender IMO that would be a good exit point
this is not advice, just my opnion