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As a secondary but just as important note, the plastic waste still needs to go somewhere, thus what PHE does is remove that problem. Thats massive in its own right, now couple that in with getting a useable fuel out of it in return and that is dreamland
Your angle seems to be Hydro is very good but wont happen due to being too good and PHEs method of plastics wont work due to the amount needed? Am I correct or have I misinterpreted your statement?
If correct.
The Hydrogen market is aimed towards HGVs and transportation at present, not domestic cars. This market has a lot of £££ return in it without the EV car market and is sustainable.
I agree that every car couldnt be powered by PHEs methods but that isnt our aim nor required for our model.
Could Hydrogen overall power every car? Yes, but EV is still a long way off completing its goal and has a lot of hurdles to overcome before Hydrogen is even considered.
View Hydrogen as the fuel of buses, lorrys, trains, ships even and the figures work out just fine still.
25kg tank of Hydrogen can power a bus for somthing like 300km.
Been mentioned already but several factors.
1: As like most green stocks the sector was pumped massive in Dec and Jan and therefore big falls were always going to happen.
2: No news isnt always good news. LTHs will stay but the reg PI gets bored quickly.
3: Covid hit markets opening up and money temp moving into other sectors.
@Share, there is still costs. If you read the feasibility still it explains them and out of that 1.5bil lith a decent figure goes towards costs. This isnt strange or bad, its standard, however ignoreing those costs twists the figures.
Its worth rembering the feasibility study wasnt a DFS so a pinch of salt must be taken to all known figures both positive and negative. I.e. could be more or less lith in ground, price of lith could change, cost to mine could change etc.
In answer to the question about value or worth of buying out a 1.5bil lith mine company.
As many have stated, way to many variants here. You can though know it wont be over 1.5bil as the highest amount, so that gives us a top, albeit one which wont be offered.
Then timing will come into it. If you bid today, you still have to get the license, pay for all the equipment and other mining costs to get that 1.5bil lith out of the ground, so likely a very low offer around the current SP, maybe a bit more as your also buying risk.
As you can see its a big big range but I wouldnt be too worried about buyouts at this stage.
Im with the voting against 7 & 8. Last fundraise was as Dr pointed out, to take to profit. Also it was a large sum to be used for long lead items, a sum over the original amount required to build a whole DMG. The fact it was all done in house left a sour taste to me.
+ Slightly lower expectations from me, but only because I prefer to work that way, not because PHE isnt good enough or wont surpass them.
I am hoping for the 23p range by 2024, giving a rough Mcap of 1Bil which hopefully around 300 units.
Bare in mind, a lot can happen between now and then, including further dilutions, which would change everything.