Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Broker ratings are generally based on a 12 month outlook.
Far from being too low, they have been universally too high for the last five years.
I would suggest now they are probably ok on a 12 month outlook but hopefully will rise as we get nearer to profitability(a year away) and as the numbers start getting the attention of the wider investment community.
Aviation was always going to be long term - we have been told time and again how long it takes for changes to be implemented there due to regulatory and safety hurdles.
The (possible) good news is Gen 3 in Jan 24 - if that is achieved it will be the first significant move in Guardian in years - that is assuming it is taken up by the market and is a step-change in scale.
Automotive continues to mosey along. Fewer and larger RFQ's - let us hope it is us.
Finances running low - expect debt financing once we have sufficient RFQ's contracted to secure it....
Oldfool,
Despite all the hullabuloo and the number of
posts on here re GM and Supercruise it appears
from GM's numbers there are only approx 80k
GM Cars with SEE tech on board representing
approx $880k to $1m in cumulative revenue to
SEE. So it may be premature to expect an increase
in the US$7m contracted value.
Sometimes all the non-referenced Google
extracts do not help us understand the reality.
Time and tide wait for no man....and we hope the same can be said for NCAP.
Despite natural caution it really seems that by this time next year SEEing Machines will finally be realising its potential - it is pretty much lining up with the timelines suggested over the last five years by the "derampers"? on here.
When and to what degree that will drive SP increase will depend on progress in the three verticals - Auto DMS(Regulation), Guardian(Gen3), and Aviation(Long Term future).
Pointless adding to the speculation as to when and by how much the landscape changes over the year but I am now happy to sit back and await what seems at last to be inevitable.
My personal target for satisfaction is 25p per share in the next 24 months.
I'll happily take more if it is on offer.
Couldn't agree more Seeing2030 - Safestocks has been a non-critical fanboy for a long time. That 2018 article posted vs today's article shows he has no more clue than the rest of us.
The mention of 5Bn takeout price just accentuates how deluded he is.
Yes - approx 25% penetration into Ford North America. As terry says their limited number of models is disappointing given how loudly they promote Blue Cruise.
Outside US Blue cruise is much less.....
SEE DMS needs to get into the Fiesta, Escort Etc equivalents before the real volumes we need can be expected....
" Nice for only one model. :-) "
It would be nice if it was just Mach-E Mustang -
But it says it is across all Ford and Lincoln......
That is about 25% penetration into Ford.
I would ignore your point 4, Maplinman - no insult intended.
Let us focus on now and the overdue - not allow him waffle on the possible future.
Auto, Gen 3 and Aviation - clarity on those would be more than wonderful at this stage....
" $321m Booked business V about $440m for them in Auto. "
If SEYE get anything like $440m over the next 7 year horizon from currently won orders it is a phenomenal return based on their small development spend and low current revenues.
Since we like to apply a 90% gross Margin (it is only software (?) ) their return on investment will be very significant and increasing as there seems to be no reason to believe they will not continue winning business.
It will be very interesting to see who gives shareholders the greater return over time. The high tech "cover all bases" solution from SEE or the "volume is where it is at" approach from SEYE.
One hopes the hubris evident from PMG and many comments on here does not come back to bite us.
Brockwl,
As others pointed out you have a touch of the Rose tinted glasses there.....
Receivables + Inventory for the last three 6mth period ends were US$20 , US$18.9 and US$ 18.6.
So the first thing to say is - if there is indeed close to US$36m at end of June the increment over normal trading figures is approx US$17m.
Secondly it is easy to calculate that the Receivable months outstanding for the same three 6mth ends were 3.5 mths, 6.4 mths and 4.9 mths - not 1 month as you used......
So yes there may be some inventory build up and extra receivables to be worked through but not as much as your estimates - imho...