Cykel is going for a main market listing via the RTO. currently suspended at valn £19m, need to see prospectus to decide on expected value, and therefore value of bushvelds interest. If cykel were to do an IPO into the main market, conceivably the mcap would improve, depending on demand. main man has founded many tech businesses already and should have a good following. case of wait and see.
Agreed coffeecups. it would be illogical for SPR's investment to be done directly into BMN from the parent as the failure then of any of its investments individually to bmn or to anyone else could bring down all the other investments. ring fencing like this is not only commonplace but is to be expected.
If producing an extra ton of product covers all the variable costs connected to that 1 ton production with even $1 left over then producing that 1 ton makes sense as it provides $1 towards fixed costs. it depends on the ratio of fixed and variable costs and on whether variable costs are fully covered.
RE: Alternative Resource Capital Company Update18 Aug 2023 09:52
Pdub, sb2023 is our cycling friend who is a permanent troll on here, hmhg, capa, capablanca64, sb2023, zaskar amongst many others. dont let him goad you.