Member Info for fcruz

The JPMORGAN RUSSIAN SECURITIES PLC (JRS) have some exposition to Norilsk but its still way above the real NAV price. My trader Degiro is not dealing nothing with Russia exposition aporte from the JRS and they say its because the sanctions.

Fishybilly the NAV was not updated yet. Gazprom had a 52 weeks high 10.96 and now is trading at 0.08. Lukoil had a high of 108 and is trading now at 0.38. This share may be due a serious adjustment.

Does someone know why the valuation of this share price is so high when compared with the current value of the holdings?

The OPG 62MW Karnataka solar project is worth $20 million in the company books. This "value" is interesting since Infrastructure India Plc published a RNS today in which sold 41.3MW of "wind towers" installed capacity in Karnataka and Tamil Nadu for around $7.3 million. By some reason our MWs is worth much more in the books but I may as well be missing something in the math. Please see link below.

https://www.londonstockexchange.com/news-article/IIP/asset-sale/15344778

Please check the link to see TZM Resources information published in Jornal de Noticias at 27/01/2022.

https://e1.pcloud.link/publink/show?code=XZ9I4pZqAsCKjEHFqBfXE8blzreJSChejj7

There was some interesting information publish today in the Jornal de Noticias in Mozambique about TZM Resources and the "licence". Please see link below:

https://e1.pcloud.link/publink/show?code=XZIdOJZE5E0jw8BegFajsP9QjLzwz23ENH7

Your are right about having profit in the end of the year with 22,000 carats but "working capital" not much.

It will be hard to show some profits whe the processing plant was shutdown for 5 days and the board makes this statement : "We are now looking at how best to manage the working capital impact of the lost production." What kind of managament runs this company? FFS....

Does anyone have an insight in how the company sells its diamonds?
Bluerock stating they will fall short on revenue since there is no tender in Kimberley in December looks dodgy to me. Why sale locally in Kimberley when you can ship your product to worldwide auctions in a DHL or FEDEX box? We are not mining coal, or iron ore and in the plus side diamonds are having the best run-in years. It must be plenty tenders in other countries! Unfortunately, it looks like pure negligence from the management, trying to dry the company from its revenue for “obscure” intentions.

Sorry for my previous posting. Was viewing the wrong date in hotcopper about the company.

There was drill results in the ASX today but no RNS in the LSE.....

Was just watching the documentary on Dalradian. But why use blasting in Northern Ireland when companies can now use the Komatsu's MC51? Expensive machinery but it will remove all the “noise” about explosives and probably it will end to be (much) cheaper than the old techniques.

The recent RNS's got the same weight as the ones from the last years, they give hope and try to fight for the licence in the best interest of shareholders. The problem my reside in who "actually" owns the new licence. All the best.

Good luck with your investments if you consider number of posts as validity for comments.

They are taking years with this. JV with the new licence holder would not only sort the problem but also add value.

I will speculate and say that a place is coming soon. The last one was in January, right? £363K don’t last long in a company engaged in drilling activity.

As an investor I'm pretty sure Galantas follows all ESG standards, so I don't see why people keep harassing them. The mine in full operation will bring many skilled jobs that are probably in great need locally. This price drop for us investors is just a blessing to keep adding more with drill results due to be out now at any time.

The reason for this stock not move is the potential cap in gas price with the new government. Reference:
https://www.profit.ro/stiri/politic/video-citu-promite-plafonarea-preturilor-la-energie-de-catre-un-guvern-pnl-cu-puteri-depline-20420408

I would say something else: coal price!

https://tradingeconomics.com/commodity/coal

Thanks for the information Dcat80.