The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Given what BP has paid (maybe overpaid) for Wind farm access and the oil majors have the ability to generate power from production facilities too, and then re route it be it for their own use for a commercial venture it would fit well, so surprized that one of them have not gobbled us up, the danger to us is the bid SP value.
Interesting times, now can the Welsh beat Scotland, after last week I suspect not!
To you all,
Many thanks for all your well thought out comments, yes hindsight investing is easier said than done and no I didn’t sell any however I added more since Jan 11 so I will gain on the upside back to the 20’s. We all hold here because of the potential, I am no different, I see it more as a lost opportunity to have re-invested the margin of 23.5-to 19
I was hoping we would stay low 20’s as opposed to re-visiting 18’s again, in the big picture it makes no difference and I don’t wish to hop in and out and play the MM game.
I knew that some of my fellow investors would comment in a constructive manner, thank you. ps Sanches a great reply.
Morning All, Firstly I am a LTH, however following the late December rise, then a larger drop than I anticipated as it looks like some large holders reduced holdings, BUT when one looks back, over the past 2 years, we are a very different company but the SP languishes badly especially when compared to pe-covid era.
Orion with their buy in may be the only winners with the 17p conversion price, we have rising Vanadium prices, the new deposits which will use much / most of Orion’s money to develop them before they comes to market, the added value of a vertical integrated co has yet to materialize, so looks like we are solely dependent on vanadium spot prices for the SP.
I’d have been better off to sell on the Jan 23.5, as historically we always rapidly retreat after a strong rise one finally thinks we have reached a base SP (at a realistic value) let’s say 21-23p from which we can rise from yet it never seems to happen.
Yes I should have sold down in January, as sadly value seems to promote short term holders hence why the MM love this stock.
And the local greens and similiar are aware thet there is no capability anywhere in the country to actually extinguish a lithium plant fire let alone control one but planning request continue!
Mainly due to the Republics approach to destroying green lands for the big data companies and the data companies want a promise of Green Energy so destroy the natural habitat for lower cost data centres due to wet - cool climate at the cost of natural resources for a few jobs after consruction a scandal to say the least!
Given the volume of potential deposits, increased production capacity, surely we also need to reduce production costs per kg, a much greater volume may assist, but given the capex costs, de bottlenecking, Kiln upgrades and annual down time as discussed on BB it looks to me we are more reliant on a higher vanadium price to increase the margins? thus the SP.
Yes, an interseting RNS, as to shareholder value it depends when one joined the party, our Vanadium costs at apx 20-21 are high conmared to Largo, so we are chasing volume at a current volumes at apx 27, lets hope that rises, for many at an entry at high teens or so may be typical. So we need an increasing product sale price, then some fiscal progres on the added value element.
Held since June 2019, its a fustrating stock as its hops up and down like a yoyo, yes there is much potential its such a different company from 2019, but as for many the current SP does not reflect it. I think Orion subscribe price at 17 was a bit low too.
Possibly UK govt may make travellers stay at approved hotels for a quarantine period, I think Heathrow has approx 10,000 bed for a daily incoming of 8000 pax. Not sure how it will work Australia has an operating system, thus impact on flying hours and RR mainenance revenue, however I have just aaded a few to round on my holding. GLA
Add the potential Tin price to the last highlights as reported , all in all it can only help, from memory SACOR did extensive test drilling many years a go so the geological team has a lot of data for many a year to come, I did empty my ISA £ last week on this company, GLA
Highlights:
? Nameplate tin concentrate production and completion of production ramp-up achieved for Stage I of Phase 1 during November 2020;
? Tin concentrate production totalled 63.9 tonnes for November 2020, representing a 32% month-on-month increase; and,
Knuttie, congratulate your daughter for having some get up and go, if us older folk looked at our past we will have had lots of jobs, for me dishwasher at Meribel, MFi sales ( a good earner), amoungts many others before the oil industry, future employers want those who give it a go!
Having worked alongside PFC, it’s an interesting company, their massive Sharjah office was partly empty 6 years ago, given recent layoffs it must be very quiet indeed.
Many of the long term employees are very loyal, salary and shares helped retain them, on site very cost aware, rumours of sweeteners is a part of Middle Eastern life, who knows what is a different matter is.
Whether SFO may fine them will be known to others more qualified than me, worth watching and buy on weakness, SP still above years lows ?
Alfacomp, Good to see you are still a fountain of useful knowledge, hopes all well, obviously would like to add to ISA, however April is still in the future like the SP Having followed BMN for several years now anything could happen!
My standard trading account has more than my ISA, looking at todays trades apart from 1 at 100,000 most are small, if I tried to play the up 2 p down 2p I'm just heading for cgt spreadsheet hassle, then if I was to gain 2-3p x holding it also then creates more CGT potential! sad but true.
I see we are back to the roller coaster ride up – down then maybe up again,
Of the shares I hold long term this is the most annoying as given last year’s progress it would be nice to have some stability, many will buy and sell on the way, yes it may lower your base cost I’m disinclined to do so, for bed and breakfast I believe it’s about a 31 gap between trades thus more risky than in and out.
Just to hold over 25p would be progress! Agreed the potential is here for lots of reasons.
The interesting bit :- The development of renewable energy sources such as wind and solar energy is limited by their inherently random and intermittent nature. However, vanadium flow batteries (VFBs) comprise a cost- and energy-efficient, long-life energy storage technology that can store and smoothly output power from renewable energy sources. The VFB energy storage system mainly comprises the stack, the electrolyte, and systems for pipeline, battery management, and energy conversion. Among these components, the stack plays a crucial role. Therefore, increasing the stack’s power density and reducing its cost will further accelerate the industrialization of VFB technology.
The SA Energy Ministers speech as posted nlink, seems over keen on clean coal when most developed nations are moving seems more to do with his past lonks to a dying industry!