RE: Alkemy24 Apr 2026 11:30
Forensic, you will probably know I had pointed out the question of the acquisition of the quick change to Billingham which threw us all.
I saw exactly what you saw in huge green letters for its a go. Land secured.
It was still being advertised in Feb.
Now having chats with the neighbours about where they can help and cut costs on this changed site of operation.
Funding has to fully accept all the costs and the RNS shows a few points of financing are still to be cleared up ie energy supply & long term costs.
We got the MoU for Lime announced , another up to today an unknown confirmation or not.
So I am very happy.
Those who invested for the 100% on FID back in March may well have moved on out of frustration on missing out on other growth projects. Others may have just had new doubts on the newsflow not quite being understood?
They have shifted to a new site , its bound to add time and new implications for cost to spend on the bigger site, but also I'd rather it be funded correctly for my investment and for stable growth.
Baretta , I agree with your post too.
I note metal & ree's in the US got battered yesterday so maybe a general indication on a post from Trump saying the US will not have shortages caused by China and its all good ! ( tosh imho ) but the markets listen and Trump is going to China in May so we may see market appetite drop as we are down over £1.00+ in just over a month.
Once that penny drops that China holds all the cards and will do everything to control the US for its own benefit so NOT a chance they will help the US to its own detriment , then the money will imho come flooding back.
I think and have said May to June for FID and even if its Autumn it will be for a reason.
The share price drop here may well see a finance provider jump at the chance to 2x 3x 4x plus dividends growth?
Very positive from what I can see.
Relieved to secure that land though , phew.