Member Info for MPO818

Now there is involvement from a US Bank it will be interesting to see if that has any impact in volumes across the pond. This could enhance the sp considerably.

With less than 10m shares in free float (per the FT) this can motor up very quickly, oil price helping as a bonus.

These are traditionally a good investment, paying a decent dividend. However do not lose sight of the trading opportunities. If/when the FTSE100 goes above 6800 these can exceed 300p and if/when the index goes below 6450 these can test 250p. Just saying.

ALBA not as far forward as JAY. They still need a lot more work and money to get to that level. Sorry but it can only be a matter of time before more funding is required.

Paying off the debt should not be an issue, production from the mine has , from memory has been forward sold. Be interesting to see how the market interprets the news.

Not so long to go now.
This spring is gearing up to be very exciting time for JOG and its shareholders. Continued good news from the GBA on all fronts such as the execution of this interest can only increase the value for the company and the GBA development project presents a very compelling investment case that will have wide industry appeal. It will not be long before the formal farm-out process is announced by JOG, a process I expect to have significant interest.

Only follow 3 of the companies in there. I bought Johnson Matthey as the pandemic kicked in at 1860p they are over £29 now. We all know ITM and CWR they are both close to new highs after fantastic performances in 2020. Didn’t even know JM were into EV’s when I bought, just noticed the huge fall when the pandemic hit.
Expect all the stocks in the list have had great rises in 2020 so maybe it’s upside is limited.

Haggis you said
Hopefully news tomorrow. Way back in time, AFC was often doing RNS's on a Thursday, it became an in-joke on the boards.

Whatever they have to say they need to get it out. The shares have underperformed for 6 weeks, even after poor days their peers have bounced, have Schroders been tipped off, this is a red hot sector, all quite strange.

OK Go to **********.co.uk and on the page the ALBA presentation is there.

I registered a few days before, then had to register again at 5.30pm, then it took a while to get connected so I missed the first few minutes. I've tried to watch it again but just can't find it, sorry.

De Nora were never interested when this was less than £20m market cap so I cannot see anyone wanting to stump up £1bn. Get a grip even directors don't invest, they never even participated in the June fund raise, what does that tell us?

Really good presentation, great set of assets, they are going to need significant funding (the odd million won't do the job) to bring them to fruition and patience is needed. Probably need Bluejay to validate their ilmenite in Greenland to prove up the ALBA asset there. Hold.

chippyjo - Yes I was on a free carry, but on 27th January I posted as follows:

Against my better judgement just bought more at 59.5859p. Must be something in the pipeline, can’t be a normal tree shake.
No longer in for free, I hope they know what their doing because none of us do.

I'm still a firm believer that with almost zero sales AFC will require significantly more capital to get anywhere near a 1bn market cap, Haggis will not agree, but when does he ever.

Haggis
BTW, I'm up 9,475% on AFC.
An in price of less than 1p so you must have been trading, but well done anyway.

I don't expect any criticism of short term traders from you in future posts

Haggis
Don't forget, we are also expecting LOADS of news in Q1, so Schroders will be blown away soon enough.

Q1 for AFC ended 31 January. So please clarify what you are expecting in your Q1.

The trend since 29/12/20 is rather worrying. AFC,ITM and CWR are all down today but since 29/12/20 the movement is AFC -12%, ITM +25% and CWR +14%. Results are due in about 2 weeks, more promises will be made, Bond needs to pull a rabbit out of the hat before he needs to ask for more money from shareholders. The Extreme E event should be a positive, but that's already in the share price, more is needed.

Up over 10% at 1.17$ circa 84p. Over 4% on Tradegate.

Well that's all very positive, mentioning 310p by the end of next month any deal could see that well exceeded, fingers crossed

At some data from the FT
Shares outstanding 21.83m. Shares in free float 9.51m. Volume traded today 909,016.
When this goes there will be no stopping it. Good weekend to all.

Looking at the sp - it certainly is things seem to be afoot. Hope your doing well Dickupham and enjoying what’s going on here.