Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I wouldn't get to hung up on 2p. This is a profitable platform business with endless potential for growth. I am investing long term and hope to get multi bagger out of this. It's a no brainer investment for me in a innovative tech business which is already profitable!!!
CarlosTheGoat - you haven't event factored in North Sea oil assets which could be worth about $1.3b to Centrica. Oil prices are recovering so I expect a sale announcement very soon!
I wholeheartedly agree, sp doesn't make any sense. I am going to hold for long term and see sp go back to 100p in next 6-8 months. One of the safest investment in my portfolio which $3.7b in the bank. Cash is the king.
I have GNC and BAKK both and both have risen in last 2 days. GNC update on 26 Jan, I expect us to move towards 125p until then. Positive update would fire a rocket or two under the sp like Bakkavor. GL all.
This is a long term hold for me so I don't care about these mediocre retraces. Don't want to lose out on a big payout by worrying about short term volatility. SP was much higher than here when sales were this high. Expect dividend announcement at FY results and THATS A BIG DEAL. Current Mcap is £850m and revenue £2.2b - totally crazy.
Yes, positive update is expected. Galliford are sitting on a massive cash pile and growing it. No debt, healthy order book, UK govt's appetite in infra investment, dividend resumption - I see 200p near term. I am holding since days of 80p and will not move until I get 200p or more (dividend is a bonus).
$3.7 billion from Direct Energy sale can be cleverly used in renewables which is the name of the game for next few years. Perfect opportunity for CNA to be a established name in renewables. Hoping for a decent Thursday update, we can only go up from here.
https://www.bacanoralithium.com/projects/sonora-lithium/
Sonora Mineral Resources and Reserves Estimates
Sonora holds one of the world’s larger lithium resources and benefits from being both high grade and scalable. The polylithionite mineralisation is hosted within shallow dipping sequences, outcropping on surface.
Bodes well for our North Sea asset which is up for sell. Hopefully news soon on the sale at £1.5-£2 billion. We already have £2.7 billion in the bank from Direct Energy sale!!
https://www.energyvoice.com/oilandgas/north-sea/284194/centrica-sell-spirit-energy/