Member Info for Gallmat

Just ignore
They cannot argue with themselves ( or maybe they can). Yes we have to wait a little but no biggie.

I think because it does not appear in stock screens. Future plant,AA rns,potential of drill results

I only found this due to a tweet

Funny post :).
If you were about to shell out 100s mil usd, would you not take time to do due dilligence!.
A Little wait is good, it means serious talks are happening.

As expected clarification released.They did not want to use dilutive equityStrong demand so want more capitalObjective is to expand fund businessGive it a week and investors chronicle will retip.This is actually the best outcome we could ask for.No point having a new 300m usd fund if you cannot deploy it ( co invest).This facility is better than bonds because if things progress inline with last 9 years returns they will probably be flexible on extending maturity and increasing notional of loans. Hence coupon for flexibilityhttps://www.proactiveinvestors.com.au/companies/news/942006/litigation-capital-management-has--leverage-and-capital-structure-to-grow--with-new-credit-facility-942006.html

Can we get back to arc. Just so new investors see the excellent business case.

I was new to the stock and the posts i saw on the chat convinced me to buy

Check out LIT
Investors chronicle had 120p price target.
Today they note that they have 50m debt funding.
This is great as they use the cash to increase investment in litigation cases and fund fund management business.

I think some people misunderstand and it fell 5pct
. Good chance ST will issue a note on it and bounce back. ( a bit like this one)

I think the next update like you say will clarify. I also expect a bullish note from investors chronicle.

If they can now deploy 40m usd. We can earn irr of 70% (vs cost of 13pct). We can also deploy 120m of 3rd party funds and share 25 to 35 pct of profits. My guess is they wanted to build the available cash so they can look to the next 3rd party fund.

The 3rd party funds require us to co invest.

Actually this is very good for us. We can deploy more of the 3rd party funds where we earn in 25pct profits. As funds grow in size so does our share.

This seemed like a positive to me. Much better to pay 13 pct when IRR>70 pct. They are being logical, we would not want them to issue equity to build cash to build fund business

Many thanks for this. It is nice so see a good board for a change.

Much appreciated

This looks like a great stock. Does anyone have any recommendations for other aim shares?

Can we not focus on what a great stock this is. NAV could be 80+ from investor chronicle.
https://www.investorschronicle.co.uk/ideas/2021/02/04/bargain-shares-for-2021/

we have 10% share in the field. past interviews says it has pumped 100k a day, although only currently 50k. can you imagine our share at 10k a day and margin of 25USD. recommend reading broker reports.

even pipeline is great. 10% share on 100k barrels a day, with charge of 5 usd a barrel. that is over 18m revenue a year!

This will be retipped in IC, once the new deal is executed and it will leg up again, and rightly so

very much agree. Any monetisation and building of cash puts us in a great negotiation position.
even if the profit flow through is not huge it shows the gains from a little scratch of work on our licenses

Any views on Litigation Capital Management. Small market cap, but they are entering the 3rd party fund business.
does it not fell like investing in them is like getting in on BUR a few years back.

any insights would be welcomed, as this seems like a good board.

Thanks

Burford capital (market leaders in lit finance) were often criticised for profits mainly coming from just one case(Petersen)
this years results. no contribution from that case and profits are high. This shows the power of litigation financing and i am sure the sector will see more focus, to the benefit of LIT

from RNS
Burford had the best year in its history for portfolio performance, generating record levels of realized gain and more cash from successes than ever before. Burford ended the year with its highest-ever levels of cash liquidity, and its portfolio of ongoing matters is larger than it has ever been. Burford's concluded case ROIC rose to its highest year-end level in our history. New business, which suffered from the effects of the pandemic in 1H 2020, snapped back in 2H 2020. Notably, Burford's YPF-related assets (comprising the Petersen and Eton Park claims) did not contribute to earnings in 2020, for the first time in five years.

but for negotiation standpoint is it not great?
you could tell AA, you sell off this deposit for cash once study is done
the cash from sale would be a large amount relative to our market cap
you then enter a negotiation where the counterparty (AA, 2 other majors and 1 chines) know you have good financial resources to drill out

not sure how this is at current levels.

lots of articles quoting this;

https://www.rcrwireless.com/20210217/wireless/dod-looks-to-federated-wireless-and-a-private-5g-cbrs-network-to-build-a-smart-warehouseshare

price is now below value of FED alone and they think there will be an up round on meeting targets. any good updates will be followed by another article from simon thompson in Investors chronicle and we will have a rerate.
very predictable

Debt financing is now resolved. Clear path now to close the nav gap.

Looking good

Many thanks, very much appreciated

thanks, i am a believer in the bull run.

is there any stock specific research?

given simon thompson re recommends stocks alot in his weekly column, there will be sustained volumes of new investors here. If you want proof of his impact look at kromek and their automated covid detector that samples air, everytime he mentions the company it spikes 30 pct.

Trend is your friend, go with it