focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I'm sure Walkers did well. But low salt crisps taste like low salt crisps - we don't need a survey and subjective compromise ratings. Alas, you may be too focused on crisps however and not the wider application of the product in all foods internationally. SaltMe is a great starting point now in the USs largest supermarket chain, but see it as the spearhead only.
Very negative. ESIAs take a long time. Rush them and don't engage with the community fully, your project is faltering from the start. It seems like all that hard work and public consultation now complete judging by last RNS. Indeed an update on stuff in general will be most welcome. Glass mostly full here.
By now, I'd expect everyone has dd'd EUA including any new buyers introduced to the process when it all went BRICS only. Inconceivable buyers haven't likewise been dd'd and shortlisted weeks ago. EUAs frontrunners have been dd'd by others already - Potanin/NN and Sviblov/Fortiana - out buying western assets. Not the only guys/cos in the room. I expect they all know who they're up against too. Offers must've be tabled by now. Legal work left maybe? Once you've negotiated two rounds, you know who's topped out.
Kiras biggest fear is waking up to a total sale RNS. Just being honest.
NKT alone by the way, ready to re-start next to processing plant and all JORC/CPR/pit optimised and likely now assayed for PGMs benchmarked against a "firesold" PFS stage only project (Udinsk) must be significantly north of 30p. Sum of the parts are excess of £1 on fair value basis. The shares are 7.5p. There's over 13x upside. To me, there'll be investors looking for the full deal rewards - new entrants upon deal RNS and LTHs de-risking at whatever level - taking a bet on an outcome as with any other stock. I reason the substantial short positions in these depths, market fatigue and lack of expectation will - if/when sale is announced - have a memorable impact on the current sp. If Chief M&A Officer was about to bin his last 20 years work and all is net worth for 30p, I'm sure we'd have that RNS by now.
OK kira, main thing is you wait for that RNS like everyone else. If you're out of EUA, then doesn't matter. The sp is priced for all the reasons we know, but we're seeing sales to Potanin and Sviblov apace. Common sense tells you they're eyeing EUA and talking price, and it isn't going to be 30p. No good venting on social media, it won't change a thing. Let EUA and its advisors do the clever stuff. Remember EUA has a Cyprus entity too.
Mac, no AGM date set but think it's irrelevant. When sale is ready to pop it'll be RNSd for a vote. There's a fair bit of optimism RNS lands between tomorrow and Friday after hours. For all the madness, EUA looks as a safe as anything else out there atm with a real opportunity to put on over 1,000%. AMCs deal was lower end of a fair value assessment - big unanswered capex questions, no management alignment to shareholders and one guy in the room. Mr M&A has 16.5% of EUA and will sell to highest bidder.
Team meeting prospective investors. More the merrier!
https://twitter.com/emmerson_plc/status/1524000157041315843?s=20&t=srWMRakEpJSB78j0efN2Ww
Lol can't believe someone actually thought putting less salt into a pack of crisps is a) new or b) a solution to maintaining taste and changing consumer habits of consuming too much.
Does look like a tonne of good stuff going on that isn't RNSd because they are private companies except for Belluscura. Cannot believe the market isn't more excited by TEK but I expect that's a function of "news". In the meantime, the market cap presents an huge opportunity for those that understand what's brewing. I can't pick Guident over Lucyd or vice versa - not a bad place to be.
Any idea on what Coos Bay might be worth at today's gas? It's had tens of millions already spent on getting it this far. Surely an uber bagger when this asset is sold and RTO completes?
Put it this way, if there was no negotiations going on, there'd be an RNS. And if AMC can sell and Kinross call sell their assets...you'll know its coming and whoever holds when news drops, could see +200-300% with an option to sell before trying to get approvals noting AMC didn't suspend.
Any news from these guys? Lots of discussions with majors appear ongoing. Can this be a $1bn+ business as per TEK claim. Hugely impactful to society yes, but what's the monetisation model? Questions above my paygrade!
BMI, a Fitch group company ranks Morocco second only to Saudi as most favoured mining jurisdiction in MENA region. Extract from 20/4 article also on EML twitter feed below - the last bit about JVs was highlighted by EML so that was quite a hint. FTSE expected to open higher today and trouble with "coming back in October" is you'll miss the Env Permit, offtakes, financing and completion of technical work most likely, so I'll probably stay put until 60p. Article below:
Rabat- The growth of Moroccan mining sector has maintaind a steady pace in BMI Research Group Mining Risk/Reward Index (RRI), after clinching second place in the MENA region once again, owing to Morocco's well-established mining industry. In its latest industry trend analysis, BMI, a Fitch Group company, presents its outlook for the Middle East & North Africa mining sector, making the use of BMI’s Risk Reward Index, which provides investors, mainly mining companies and support service providers, with a clear country-comparative assessment of a market’s risks and potential rewards. With an overall Mining RRI score of 56.3 out of 100, BMI ranked the Moroccan mining sector as the most attractive market in the MENA region, after Saudi Arabia. The Gulf country maintains the top position in the MENA region with a score of 59.5 out of 100, due to its growing gold, copper and phosphate sectors, as well as its well-established and clear mining regulatory code and stable operating environment. According to the research firm, Morocco’s performance is supported by its established mining industry, which makes it a top global producer of phosphates, in addition to modest volumes of gold, silver, zinc, copper and cobalt, boosting its score in the “rewards” category to 49.9 out of 100. Acording to Morocco’s Ministry of Energy and Mining, the sector plays a major role in the country’s economy, as it contributes by 21 percent of the value of export remittances and employs about 39,225 people. "For centuries, mining has been one of Morocco’s most practised economic activities. Moroccan mining technologies, like copper works and steel manufacturing, were exported abroad, particularly to Europe. Since the beginning of the twentieth century, major manganese, iron, zinc, lead and phosphate fields were discovered. The strongest point of the Moroccan industry is phosphate mining,” the Ministry states. The firm also attributes the country’s performance to the mining code of Morocco which was updated in 2015, to increase legal clarity and encourage foreign investment. BMI points out that although the key phosphate sector is dominated by state-run companies, joint-ventures with private firms are increasingly common and foreign firms are allowed to operate non-phosphate mines. In fact, Morocco’s newly privatized mining industry allowed the Canadian international mining exploration company, Maya Gold & Silver, to initiate joint venture with National Office of Hydrocarbons and Mines of Morocco, to explore and d