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Https://www.bseindia.com/stock-share-price/opg-power-generation-pvt-ltd/1075opgpl26/975032/corp-announcements/
Nothing yet but just filing said this
OPG POWER GENERATION PRIVATE LIMITED has informed BSE about Board Meeting to be held on 14 Feb 2024 to consider financial statements for the period ended December 2023. Financial results.
Hi TDT
Well rebalance of supply and demand dies not happen overnight , so maybe if HZM
Gets its funding and finances in order , starting production might be best thing
Because you certainly want to offset this additional Capex by producing at higher Nickel Prices
I.e $20k +
I think China’s recent low growth economy has not helped commodities either
Strow,
https://www.reuters.com/markets/commodities/china-indonesia-face-deeper-output-cuts-tackle-nickel-price-slide-2024-02-12/
good article that. Now what is timeline for Nickel to rebalance...one year?
Https://www.mining.com/web/from-green-hype-to-bailouts-the-nickel-industry-has-imploded/
So it will take time for this supply deficit to work through so Nickel prices can rise higher again.
So we saying because of higher inflation costs and current Nickel prices that these mines are closing.
If we had a supply/demand issue Nickel would have been higher, it looks like we are oversupplied anyway?
So we need these closures to rebalance Nickel supply/demand
Davy
I have bought in a trade , and see how it goes to se if I hold
This has fallen last couple of weeks , so frankly buying means diddly squat because we had buyers high too
The point you failed to mention is there is a big seller ,
L2 stuck at 1v1 even with the buying
It seems MM closed the bid/ask to attract buyers
Strow,
Thirdly you have to ask yourself could Vermelho be economically viable at $16k per tonne as a long term price and if you answer that question then there you have it
For battery grade Nickel , no ,but for stainless steel , probably but it is who will be willing to fork multi millions for this build after the Aragauia , it is so much more than just Nickel prices
I guess also is do you expect long long term nickel price to be above $16k eventually
I say yes to that too
I know this project is a long way away but what do ppl think about this now
I really think it will not be economically viable for HPAL now, the landscape has changed especially with thefinancial challenges facing A1/A2 to become a producer asset.
TDT,
what do u think?
Unrelated to Aragauia as stainless Steel
The EV bubble is bursting if you ask me.
Trump’s plan to roll back EVs if he gets in power. Only China will push on with it in earnest.
I think the ROW it will be a timid effort and will be prolonged out.
I think EV is just a stop gap to hydrogen which is still years away
The problem there has been huge investment in EVs backed and mandated by governments
But what is the incentive for ppl to buy them
"So their IP, contracts, recurring revenue and annual fees are worth nothing basically."
Worth little of all this brings is a loss making company, making no positive cashflow and eats into cash resources left.
It is only worth something if you can a profit from it.
Their costs are too high and margins may come under more pressure now,
Some of their competitors are not having the same problem..look at TRIAD
Dave
You are a hypocrite Reading your conversations with Parob on the MTEC thread
And you have the nerve to filter ppl with your behaviour
Do not try to justify it .
OPG - Also I see you are singing the same tunes to the lack of buybacks now
Bubba and myself said this many weeks ago
Something not adding up here still , maybe it will change on next RNS
Not a positive forward outlook .
Warning of that election will impact contracts this year .
Expect thing to improve year after though
However it’s competitors are doing ok , reading whatever into that
Staying out
Yes Lawrence I keep forgetting about that
But that is only released once shortfall from current funding has been resolved
So what take on more debt at first to able to release previous secured debt
Sounds a bit mad when you look at like that
Anyway still a complex situation
I used to say to myself , if it is too good to be true , it probably isn’t or will not be .
I really though this one was going to break the AIM mould of failures or diluted to oblivion
I know this is all known but needed to wrote it down
But I cannot get my head around the best solution
The risks are the same whatever option is given
The priority is too get A1 to full nameplate capacity ( and these still comes
With risks on the timeline to achieve this ). Cashflow will be lower since Nickel as come off .
So debt payments have be paid out first and any remainder invested in build for A2
Will A2 take longer and require more cash now ?
I do not even want to think about Vermelho
So knowing this what’s best option , increase the huge debt already in place , dilution at 100% or
A mix of both or sell the assets now to the highest bidder if anyone willing to take on the risks
It would have sell at £1 billion ?
You guys , really , first thing you will find with any rises in that these will be short lived .
The recent placees will sell into snippets of good news to slice the holdings which will be not revenue enhancing yet
The phase 3 trials and working capital will require more money especially if it continues into next year , however the funding may not necessary be dilution . The only thing that will My mind is if the current pilots turn into large re-occurring commercial contracts