Member Info for Gallmat

Not sure.
But this is a stock, so i would assume it is treated the same as all other stocks

Nice points.
But the focus is on the cost. They had a spike in costs. We all know why, once they show that is under control and margins are good we get some movement.

Quoting revenue without cost does not imply much. Whatever i sell (profitablr or unprofitablr) drives revenue.

How can they do that when they have not optimised the studies?.

Just need to be patient. This just popped 40pct. Some people will be offloading. I don't see any issues. They would have had to be serious about developing new assets otherwise transfer would not have been approvef

They just purchase 12m tonnes of graphite insitu. A project with 10m gbp spent on it ( for basically f all) qnd confirmed they arevproducing well.

Yup should tank.
Let the short termers take their profit. Fair enough.

Thanks this is great.
Ceo has confirmed in last call class actions on %.
And last one settled for 200m aud if i recall.
We have 40,000 claimants. You have to think 10k a head give property prices.

Not sure why they are taking market risk.

You can use futures to hedge at 270 out to 2024.
Lock in sale price. Produce at 175 and lock in 100 usd margin

More than enough potential profits with this hedge to back up the share price. If it drops to a lower margin business going forward so be it.

New to this.

1. What is the break even cost of production here.
2. What price do they get ( vs a benchmark)

This seems unloved

Too much ramping for me today.
Good news is out and i am waiting.
This will probably rerate when we see the production cost figures

Bit dramatic with the calls to action

1. This is a specialist product they said. So do not expect high volumes of sales.
2. Margin lift is nice but given our sales volume will notnbe significant.
3. The great news was yesterday when our resource went from 1m to 13m of contained graphite.

https://www.avweb.com/aviation-news/soaring-prices-for-used-aircraft-appear-to-be-leveling-off/

If you are worried of circle of competence i would look elsewhere. Lit.l and tirupati graphite just had very good news today (much less specialist to follow)

Why do you disagree with a nav that meets accounting standards.

Loads of articles saying there is aitcraft shortage and second hand prices are high. Just google 2nd had aircraft prices

Some people made a quick 20pct here so fair game on the conaolidation.

If they can show us some good margins in their operational results then i expect a nice rerate.

I never cared that much for the large flake even if is commands higher prices, that is not where the big story is. With cashflow and small flake we finally have a good story

We know he was very senior in investment banking = super loaded.

But even still. That is alot of f%%&#^ shares to buy within a year.

To be fair his tips have outperformed the index for 8 yrs.

Stock is trading at 50pct of nav.

No stock picker gets everything right.

Not sure we are there yet.
Seems like we need some higher volume of case win and portfolio update first.

But at least we know things are ticking over nicely

One thing that seems to be missed.

Many people comment that they do not like the hiatorical cost accounting.

Do they ever consider the impact if they did decide to switch to fair value as they get bigger!.

Could happen and ceo said best estimate was past performance

Nice. Confirmation of 3 wins on the period.

Love that we win. Derisking it
Then they appeal taking time.
As time passes our return multiplier increases.
Even though risk decreases. Lovely.

Like extra bet on a racehourse 1m from the finish line at pre race odds

Hard to guide ebit when it depends on a commodity price, company has 0% control on it.

All they can guide on is costs.

We also have the comet case that was won but might be appealed. More than likely that is worth even more than this realisation so looking nive.

I posted a link with interview that stated this was return on capital not share %.

It is unlikely someone is going to offer you 60m gbp from investing 2m. So i always say expect return on invested capital. Which is still great.

270pct in 1 year!. And they confirm all other cases are still active no losses.

We might get big payouts on class actions and they stated formally queensland power class action where we are on 20pct ish profit share.
I also hope the pfas case might also be profit share as it is also class action

I think expectations need to be grounded