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Title should've read!

New Guident video from Co-Motion in Miami demo'ing the remote monitoring and control system - only company giving a live working demo!

https://mobile.twitter.com/GuidentUSA

These guys are going to strike AV deals shortly with autocompanies in my view. In addition, Guident's EV shock absorber trials are running kn the background. Anyone think this company alone can be worth several times more than TEKs current mc? AVs and long life EVs / batteries is what the industry is aiming for, as the margins grow by double digits.

that'll confirm the declines, foundation for main site and upper ore body. what's interesting is the China lockdown, high fuel costs, inflation, war and crippled supply chains are exactly why Khemisset is now looking stronger than ever. as a play against the wider market turmoil, this should be rising not falling. value always outs.

S, yes but all part of the journey. personally measuring success in how many times we multiply so for now, sort of ok with the sp dropping. there's amazing progress across all 4 main companies that seem to be leading in major, new, high growth industries not at all priced in. i'm trying to increase position.

Was that your £33k plus whatever else sold at 1.04pm just reported?

I think someone sold into low volume and red ftse but alot of MMs now lined up on Bid. Seems to have hit the sp trend line.

On 31/3 RNS:

Environmental approvals continue to make progress

The Company's Environmental and Social Impact Assessment ('ESIA') is awaiting final approvals. The Company has addressed all of the ESIA issues raised by the relevant authorities. In view of the importance of the project to the country, the authorities have been careful to ensure that the needs of the widest possible stakeholder group have been fully taken into consideration. The Company continues to work proactively with all the relevant parties and remains confident that the approval will be forthcoming.
- - -
Tweets are reassuring as is this update. Healthy working relationships very important to ESIA and getting that permit, which I expect will land this month, latest next, and hopefully re-rate the sp.

No need. Dmitry won't want any association with AMC. That's a remote greenfield project with many unanswered questions and a $1bn+ road that must be funded by the state. Probably only Sviblov prepared to buy it, but if he's buying AMC for $105m he's a) clearly looking for nickel & copper and b) very likely to be eyeing EUAs nickel restart projects plus MT adjacent everything he needs. Although he won't be alone this time. Finally note AMC didn't suspend, so EUA investors can look forward to smashing all those short positions crowded at 9-10p on news landing.

Another deal and as per Kinross statement, reinforced he's not connected to any sanction issues. AMC was always going to struggle given its a greenfield project with a $1bn+ road to build. EUA is a different prize for this type of buyer.

Thanks missed that buy thoroughly agree. Very low volume today alongside a red FTSE so whoever has dropped their shares today having outsized influence. But lovely bargain opp I didn't think would present today. Plenty stocks still going up, TEK will likely do it in discrete steps as value triggers reveal.

Sorry cant see that on twitter? Please can you link.

The latest investor presentation states $411m capex but recent inflationary impacts will likely increase. Define "big"? That's a function of NPV, IRR, payback, mining complexity and market uncertainty. Back in 2016, Highfield's Muga Project had an outline finance package ready once the final permits came in. At the time long term potash was only $400/t, not the $800/t at the end of December. That was because even at $400, the incredibly low capital intensity, long mine life, prime position to serve premium markets and simple mine design had the Muga mine standing out, which is why EMR Capital was and is largest shareholder. That financing package was improved again in subsequent years as Muga took a protracted time to get its Mining Concession. A new CEO landed in 2021 and changed everything again including his advisors. That debt package for about 2/3rds has now been finalised.

So in 2022, more failed crops on climate change and the aftermath of COVID. Now a war. Crucially in this business, like iron ore, access to lowest cost logistics and your customers makes or breaks your potash project. It isn't just the fact supply is taken off market via sanctions but equally important, blocks on supply chains (not just a case of flowing potash via China to reach West Africa or Brazil), hence why EML is tweeting about 250% potash price increases specifically to key markets in West Africa and why Brazil's agriculture minister is touring Morocco now. I see permanent changes to supply from Russ/Bel as it looks almost certain Kherson Oblast and Donbass are permanently "annexed".

Khemisset's capital intensity is even lower than Muga and its NPV comparable even using only 19 years vs Muga's 30 years. It'll produce 810ktpa potash vs Muga's 500ktpa for comparable capex. Both enjoy decline access to shallow resource and both lower first quartile capital intensity. Muga is $500/t but Khemisset lower still. BHPs Jansen is about $1,500/t.

Potash prices reportedly hit $1,200 on spot market to West Africa.

I am watching Muga, from where EMLs Hayden Locke once worked, for how it solves for the small equity piece. At this point, it looks like a t/o target. I think the CEO is enjoying his options and expect we'll get the answer this month or next. Macquarie is running a bid process to revive Salt Lake Potash in Western Australia where EMR is reportedly in the frame.

As per EML update and 5th May tweet, the pace of activity has ramped up in today's new world with formal expressions of interest landing from local and international banks and export credit agencies. No wonder with Khemisset so advanced and spot prices hitting $1,200. I anticipate between now and final banking mandate letter in say Aug-Sept, EML will report on environmental permit award, offtake agreements, conditional banking syndicate, solution on equity piece and advances on detailed design/construction. All of this will de-risk the project and start closing the very large sp to NPV gap.

I took another little nibble this pm. Quality is going to be in increasing demand. TEK to me is storing potential energy.

Good volume once again. Ignore the green boxes. Fact is, MMs / shorts have no idea what's going on. No surprise they are out en masse once again.

Guident's EV regeneration shocks have been in test with auto companies since Q3. Also worth keeping an eye. TEKs down a bit - surprised but no matter. Personally see these types of stocks doing even better as governments, companies and individuals look for higher productivity, lower costs and efficiency.

That's a great update and far too much to take in.

Clifford's aims for Guident was for vehicles to be onboarded in 2022 and the whole fleets, pointing out its technology is automaker brand agnostic. So it's not so much the service revenue to municipalities but the value it brings to the likes of Tesla, Ford, GM, Ford etc that'll change the game. Well, of course today's news is a major milestone and we see the company is robust and winning in the US.

Muga Project, Northern Spain near Pamplona.

https://www.mining-technology.com/news/highfield-financing-potash/

Key extracts:

Deal includes a $316.4m (€300m) senior secured project financing facility and a $13.1n (€12.5m) standby cost overrun facility, the letter has been signed with a group of European mining finance lenders. The Mandated Lead Arrangers include BNP Paribas, ING Bank, Natixis and Societe Generale (London Branch).

Highfield Resources CEO Ignacio Salazar said: “In addition, the strategic location of Muga in southern Europe, is being viewed more favourably than ever in the current geopolitical situation, making it an attractive candidate for financing from the international banking community. In the context of reviewing alternative financing options which are complementary to project finance, the strategic advantages of Muga are also providing increased impetus to the company’s engagement with potential strategic partners.”

In a past investor presentation, there was reference to beats being bought by Apple in 2014 for $3bn. Hence I've always seen Lucyd's potential as in the same class. I guess we can't entirely escape charts and MMs, but fundamentals will out in the end.

This time they might! EUA is blue. Good tweet earlier from gmf based on Potanin's recent buying activity.

AE. Interesting late night post and read. My calculations are fag packet at $1,100 extrapolating from the investor presentation. Can't remember exactly but that stated at $800, payback was little over 1 year, so perhaps 8 months is more like it at $1,100. On Ukraine, mainstream press is always behind on detail - indeed Russia recently changed the ATMs to use ruble and installed its own administration. Though they'd done that also in Melitopal over a month earlier as it looks clear the entire Kherson Oblast to the south will be "annexed" in some form. That is going to eliminate a major food and fertiliser producing region from general global supply chains. I'm also watching Belarus kicking off military drills as its administration's livelihood is tied to the Kremlin. But this isn't just a war issue, the world was already facing food crisis due to the lagging effects of the pandemic and climate change leading to drought and failed crops. Fact is, available land is reducing and needs to be more productive.

In terms of offtake, EML calls it its 'Trump card' in the presentation. This could mean the equity comes from the offtaker and suddenly shares in issue assumptions change for production. UK-Morocco state relations are excellent, so certainly less of a political concern. Also some major green energy projects getting done in Morocco from UK.

To me, the next major news milestone is the environmental permit to unlock the project. Last RNS indicates all the Q&As are done so should land any day. The reality is the ESIA is an ongoing discussion rather than submit an application then hope for the best. Ffinancing looks very hard to mess up.