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Worth a punt then. A few hundred quid maybe for a chance at 10 bags? What do you think Teela?
Superb RNS this morning. That's 1 of the big 5 ticked off. Its all starting to click into place. Very exciting times. I'll be at the front of the queue to buy these products when they're released. Well done to all at Versarien ??
Ha ha Tino, I never thought of that! I had to laugh also at Max thinking I'm a techie. Not really to be honest Max but I do follow the VRS story carefully and pick up on uses like discussed. I would think that the graphene would be used in the composite mix when manufacturing new blades but coatings might be applied retrospectively to existing blades?? They may also be self healing if/when cracks form. Mind boggling stuff
Agreed Dogberry. However you missed out 2 other important benefits of using graphene for turbines. The blades can be heated by using graphene to conduct electricity so that they never ice up. De icing these things is a nightmare (sometimes requiring helicopters at great expense). You do not want chunks of ice being thrown from these when they are spinning. Or even when stationary for that matter. Also, lightning strikes are conducted much better to ground. I can't wait for the day that graphene windscreens are in cars. No more scraping in the mornings!
76% of IG client accounts with open positions in this market expect the price to rise
24% of IG client accounts with open positions in this market expect the price to fall
51 – 250 IG client accounts have open positions in this market
"Updating on KEFI Minerals (KEFI) towards the end of last week we noted the shares soaring back above 1p as it was Government arrangements resolved, Tulu Kapi project development looks ahoy. It is thus not surprising that the company “has received notice from its existing working capital providers to convert the remaining outstanding amount of £657,500 under the loan note issued on 5 August 2019 into new KEFI ordinary shares… at a price 0.68 pence per share”. However…
“This is the final repayment of all amounts outstanding under the loan facility”, though “the final £250,000 has today been arranged for delivery to KEFI in accordance with the terms of the loan facility” – that though meaning any conversion will be based off future prevailing share prices, and the share price having currently soared further higher to 1.85p.
That is with it updated Tulu Kapi “project equity closing processes are now being dealt with… asset level partners are to provide US$58 million of equity in a staged investment into the project, a proportion of which will subsequently be available at the KEFI Minerals plc level to fund Ethiopian-related corporate and exploration costs” and;
“Based on the Tulu Kapi open pit, assume an 8% after tax discount rate applied to net cash flows… a ‘base case NPV’ of £41 million (US$52 million) at US$1,300/oz at start of construction this year if it is assumed that KEFI has to parri passu fund the project equity. If one takes into account that KEFI has already made most of its contribution to project equity and that its partners will now provide the next project equity injection, this ‘KEFI base case NPV’ is more appropriately estimated at £57 million… £100 million (US$127 million) at US$1,460/oz at start of production in 2021.” (our bold)
Those are with there also further Tulu Kapi, other Ethiopia and Saudi Arabia exploration potential – and a market cap still of only £18 million. There thus still currently remain clear financial and operational risks but also very strong upside potential – and, at up to 2.5p, with some uncertainty now removed, our stance is upgraded to STRONG BUY with a target of 6p to sell."
Got you Fatherelmer. I'm pretty certain that I know what you are talking about re. your find. As for China, that will all become evident I'm sure in the not too distant future. We'll just need to wait n see. Patience will be rewarded IMO
Yes Burton, 23% of IG clients are short. They may be 1 share short each for all we know. IG clients total in the range of 51-250 people. So in theory it could be 23% of 51 people each borrowing 1 share to short. Or the upper end is 23% of 250 people each borrowing x amount.
Hi Max and Robin. Robin explained it well Max. Robin, I was actually just passing on info from another source that IG short positions dropped yesterday. The SP today has taken a turn in the right direction. Long may it continue!