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Mb they will and mb they won't. The royalty is oc predicated on the future lithium price, which is uncertain, and demand, where it is by no means certain that technology could chage.
The Bod have shown themselves adept, imv, in acquiring rights at the right time, and disposing of same when they judge that cash can be better recycled into new opportunities. We will see what happens, either way I'm content.
Ok, not yet.....will TRR sell it, or retain it?
We seem to have smart management here, I trust them to do the r/r assessment better than me, but my guess is they will be looking at the optimum time for a disposal, mb around first production.
Opulentia
First you rubbish Broadford's perfectly balanced factual post as deramping, then you want the co whose first duty is to its shareholders to give away $100m.
I suggest FB is the place for you, not an investment bb.
Shark, yes, good points. It's a bit well, irritating to see snouts going in the trough given the pretty eye watering salaries and option package already in place. options are fine, but on top of $400k pa is nice work indeed.
60p is 50% vabove current sp, but doesn't look as demanding as it could be given the potential touted by the co.
But it's kinda normal, not just on AIM, but all early stage miners/oilers, and to some extent, I suppose, just capitalism at work.
just DD. Tells you nothing.
munzhino, you are right that the Talaxis transaction unsettled me ; I had held here previously on the assumption financing was secured. That seems to me no longer the case, and that, no matter the strategic or monetary woth of the asset, the company is nor beholden to funders, who usually extract a high price for such.
i may, of course, be wrong, but I'm wary of risking my hard won cash until I can see it won't be hugely diluted in the coming months. dyor and take your own view, but that's mine.
All irrelevant.
What we need to hear is that the plant has been delivered, not "expected". That's when we'll see a sp move, and not b4.
rivaldo, thanks, v useful background, I have only just seen your reply.
i bought in early Tues, will likely add more on any dip. It was the IC alerted me to this share.
After reading up it seems the IC article was right to pick the only non obvious risk factor is the large % of revenues from 1 customer, Centamin. hopefully as revenue grows that % will redue, and is only a risk should the contract be lost, for instance if CEY were taken over .
All in all the co still looks too cheap.
New to this share and that was a good set of results. Will be doing more DD, but is there a quick answer to, or cooment on, the investment potrfolio?
Not something I expected to find here.
"· The total value of investments (listed and unlisted) was US$38.7 million as of 31 December 2022, versus $47.3 million at 30 June 2022 and versus US$60.2 million at the end of 2021; The portfolio recorded investment losses (unrealised) of US$9.55 million in H2 2022;
· Capital was a net seller in 2022 and has invested a net total of $12.5 million in the investment strategy since forming the Investment Committee formally in January 2019;
· The portfolio remains concentrated around a few key holdings with our holding in Predictive Discovery accounting for ~50%;
· The Direct Investment portfolio will provide a mark to market contribution to results."
I see this bb is no different to most small cap growth stocks ; full of faithful followers who only want to hear +ve views at all times.
Well, life (and shares) ain't like that. Listen to views that may not suit your hopes, dreams, and vested interest, it helps to prevent confirmation bias and just may be telling you something you hadn't known or considered. I won't be visiting often cos I've seen it all b4, but wyndrum makes valid points.
There is a good chance this flies over the next month, just as there is a good chance of a TO within a year or so, possibly even at several bags from here, imho.
But there is also a chance that the boss wants to keep his baby and is planning a raise to push on alone.
Place your bets, or not, but there is room for a range of viewpoints.
"upgrade end of month mid February MIIF looking to be onboard...that for me will result in a SP of 75p.."
Would yu care to share your rationale for that?
my assumption is that MIIF will want in at a discount, which is acting currently as a drag on the SP. ergo, they will enter somewhere below SP at the time, which is why NH is doing the rounds trying to boost the SP prior to that.
I agree post MIIF stake the brakes will be off, but let's see the extent of any dilution b4 making SP projections.
https://www.ii.co.uk/analysis-commentary/five-aim-share-tips-2023-ii526360
11.8, 14, and now 17.5 and still buying. Great sign that at least he's confident.
Just checking up on SFR, see they are only 1Q away from Motheo prod, and mb 18m from adding , up to 15MT pa. A4 alone est $6.4m pa to MTR, per Simon Thompson, on a £29m Mcap, ignoring the capped $2m on T3, potential at A (uncapped 2%), and Kalahari, and the remaining SFR shares net of borrowings. I exoect ST to do a sum of parts valuation shortly, musy come to much more than today's SP, as MM clearly knows.
https://www.share-talk.co.uk/announcements/bus/metal-tiger-plc/director-dealing/20230117153600Z4401