Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
I believe orders are being filled around 0.25p, which is causing the drop to fill the order. I can see large sells being easily bought up.
We're heading in the right direction; the next Tr1 holding news will unlock all the pieces of the puzzle.
TrickyEFC,
I remember when I invested in ENET. You seem like a knowledgeable person, but I don't understand why you express so much negativity towards others and their investments. Could you please focus on your own investments? Ultimately, we're all here with the goal of making money.
Dr. Graham Cooley's recent increase of holdings to 11.11% is intriguing. His connections within the venture funding community suggest there may be a larger strategy in play, rather than just a short-term profit motive. It will be interesting to see how this develops in the coming days and weeks.
Check out his profiles for more background:
LinkedIn: https://www.linkedin.com/in/grahamcooley/
Twitter: https://twitter.com/DrGrahamCooley
Also, note the recent communication from a fellow investor with ties to major blue-chip company CEOs. This could be a significant development.
The Opportunity
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Critical Minerals Focus: CMR is exploring and developing projects in Morocco focused on copper, antimony, tungsten, lead-zinc, and gold β all of which are important for clean energy technologies and other strategic applications.
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Near-Term Cash Flow Potential: The company is in discussions with a leading global commodity trading company about a potential partnership to source and supply minerals for its supply chain. This could provide an opportunity for near-term cash generation for CMR.
The Ifri Project
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Positive Initial Results: Initial prospecting at the Ifri Project has revealed copper and silver mineralization in multiple quartz vein structures, with some zones also showing signs of gold.
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Location and Infrastructure: Ifri is located in an active mining belt with established infrastructure, making it potentially easier to develop.
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Funding for Exploration: Proceeds from the recent fundraising will be used to advance Ifri, including mapping and geochemical surveys.
Key Points from the Announcement
Fundraising: CMR raised Β£0.25 million through a placing of new and existing shares at a price of 1.25 pence per share.
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Use of Proceeds: Funds will be used to advance the Ifri project and to explore the potential partnership with the global commodity trading group.
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Morocco Focus: CMR has significantly expanded its presence in Morocco and is gaining a reputation as a specialist exploration and development company in the region.
Overall Assessment
The announcement indicates that CMR is making progress on several fronts in Morocco. The Ifri Project shows promise, and the potential partnership with a global trading group could be a significant boost to the company's growth prospects. This is a positive development worth watching for investors interested in critical minerals and emerging market opportunities.
What a mess investing in this stock. I took a Β£3k hit this morning and moved over to #CPX to recoup my losses.
#CPX was trading high at 0.39p just a couple of hours ago, and now you can pick it up for under 0.25p.
There's a gap to fill at 0.40, and some say it might reach 1p.
Should I buy back since it dropped from its morning high of 80% to under 20%? I can't believe PIs paid 0.39 just a couple of hours ago, and now you can pick it up for under 0.25.
The company's financial health:
Key Points
π’ Successful Refinancing: Aston Martin Lagonda has secured Β£1.15 billion in refinancing. This breaks down to $960 million in Senior Secured Notes due in 2029 and Β£400 million of similarly structured notes.
π’ Strengthening Financial Position: The goal of the refinancing is to bolster Aston Martin Lagonda's balance sheet and provide financial stability.
π’ Long-Term Support: Increased liquidity will fuel the company's ongoing growth strategy.
Upgraded Credit Rating: The refinancing exercise has been accompanied by an upgrade from credit agencies, suggesting improved financial strength.
π’ Retiring Existing Debt: Proceeds will be used to pay off existing debt, including senior secured notes and second lien split coupon notes. Some of the money will also cover transaction fees.
What this means for investors and the company
π’ Reduced Financial Risk: Existing debt will be replaced, and Aston Martin will possess increased liquidity, leading to a less risky proposition for investors.
π’ Confidence in Strategy: Market interest (shown by the successful fundraising) and credit agency upgrades suggest confidence in Aston Martin's direction.
π’ Focus on Growth: With financial matters settled, the company can fully commit to its brand development and product release plans.
Quote from Lawrence Stroll
Executive Chairman Lawrence Stroll emphasized the connection between the refinancing and Aston Martin's revitalized brand and product line. He positions the refinancing as a step towards achieving their financial goals.