Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Today RNS, a director bought 279 shares, total value £198.93p, it must have cost more than that price to put out the RNS!
Doesn't exactly signal the director's confidence in the business, or understand how the company's money is spent.
I think the market for investing in mining projects is so bad at the moment that taking an offer might not be a good thing. I think the CEOs are waiting, where they can, for interest rates to come down and investors to come back, otherwise you could well be selling out existing share holders.
Personally I think that's not a bad thing on the current investment climate, but with a huge BUT, so many mining companies are doing the same thing, so KM better make this project standout otherwise this is just one of many many projects looking for cash, let's be honest many projects are going under, selling up for pennies on the pound, merging etc over the next year or so.
Https://www.youtube.com/watch?v=kOR6NMzlR2M
Go to 27m 40s for a review of HAS and the latest share deal
This is my opinion, and I am happy to be proved wrong, my comments relate to the share price ONLY, not the project or mine.
With the current high interest rates mining investment is down, many mining companies have released PFS, DFS, pilot production and has had little or no impact on the share price.
Lithium is currently out of favour, Uranium and gold/silver is where the money is going currently (I hope it changes back as I hold a number of Lithium stocks).
Please tell me otherwise but I expect there will be further dilution or debt having a negative effect on the share price.
Once POSITIVE announcements start then the traders will move into the stock surpressing the share price and slowing it's accent.
Lastly many of the shareholders/speculators will sell once they are in profit, again holding down the share price.
I think this will happen not just to EMH and lithium stocks, but to mining stocks in general.
I will say again, this in my opinion on the SHARE PRICE, not EMH or the project.
Surely that would have been considered in the PFS? Or does it calls into question the worth of the PFS? A one third reduction with the current high interest rate and inflation having gone up, and no deflation, seems quite staggering.
In any event some of the 33% will be used in the overrun costs, let's be realistic about that.
I'm not normally a sceptical person but the project just got 33% cheaper while the rest of the mining industry is struggling with inflation. Was the original estimate that far out or is this 33% achievable?
Thoughts please?
Hastings BoD bonuses and accounts discussed at 38m 47s
https://www.youtube.com/watch?v=Jo5qbTABuxY
It is neither for you to agree or disagree as you were not at the branch, I am relaying FACTS and my OBSERVATIONS not opinion when giving the information about my visit. As I was not at the branches that you visited how could I comment on the performance of those staff?
The Southend branch will only take same day appointments and on the day I visited in my opinion they were not doing enough to generate new business, and that's if I'm being polite, that is my opinion as someone that tried to become a customer of the bank, tried and gave up.
The fixed rate ISA can't be done online, it might be so for existing customers but not for me, why can this not be done online!?! I don't know of any other financial institutions where it has to be done in branch. I hold a number of accounts where there are no branches or where they have branches I have never needed to visit. I tried to open a savings account online but had issues as the software not recognising addresses, this can be seen in the TrustPilot reviews as a known issues. The issue with the banking app not working for existing customers I would not have known about unless I heard it from the counter staff.
I will say that in a crazy positive way that MB ONLY has 47% of their reviews as 1 star and 46% at 5 stars. Lloyds, HSBC and Barclays were well into the high 80% for 1 star reviews, MB are around 50% better in that respect.
I visited the Southend branch today to open an ISA and savings account, I gave my number and told I would be sent a SMS confirming my place in the queue, I was told I would receive a further text and the wait was 45-60 mins. I left the branch and returned 45 mins later, the gentleman that was ahead of me in the queue had not been seen, he queued for the counter and when seen he was told that he could wait or leave and that there was only 1 member of staff opening account. I had been aware of the member of staff being with the same individual for over an hour. I was sitting near the counter and a customer came in stating he had problems with the app and no December transactions shown, the staff member told him it was a known issue affecting numerous customers. After a further ONE hour, so 1 hr 45+ mins in total I gave up, when I went to cancel my name on the list using the link on the SMS my appointment time was shown as 1815 to 1850, the branch closes at 1800. During my time in the branch I saw 2 other person told that the waiting time to open an account was in excess of 2 hours, they left the branch as I did and the customer in the wait queue before me.
This is no way to run a bank, I have £90K to put into accounts, so if I and 3 others left today without opening accounts how much is bank losing invisibly, across all of it's branches?
This process should be online, MB are not a new bank, Starling, Monzo, Lloyds, YBS all have online opening.
During my conversation with the staff I mentioned they had bad reviews on Trust pilot, her response was "we get complaints all the time" Not an apology or we're improving things, just an acceptance they provide poor service. With the invisible loses this bank is having, the lack of online account applications and account apps not working properly I am taking my money elsewhere.
I do not hold shares in MB and never will, I use this site as I invest/trade in mining stocks, this entry is just to let you fellow investors know about why I and possibly others cannot use MB.
Does anyone have any knowledge of how the Dividend Reinvestment Policy is going to work? Are we getting part of the 90+ million shares held in treasury and paying twice, once through the buy back (loss of dividend) and again if purchased through drip?
Just in case anyone is interested in dry bulk shipping and construction, china, iron ore shipping, Brazil, Vale and other matters, it's worth watching just for background info.
https://www.youtube.com/watch?v=wvNWzvrr_p0&ab_channel=FindingValueFinance
It's what will be the grade in the bags after Stark has done the work that I'm interested in, whatever is in the current bags is history and imo opinion of little relevance, it's the ramp up stage of a newly commissioned plant, if it went perfectly when switched on everyone would have been amazed and Stark would have been shouting it from the roof tops.
Having watch Rodney Hooper's presentation it looks like the SC6 grade is an issue for most suppliers, even in the event PREM is below 6%, and we will have to wait and find out, it's an industry wide issue
Greenbushes 6%
Wodgina 5.6%
Pilbara 5.3%
Mt Cattlin 5.3%
Mt Marion 3.8%
https://www.youtube.com/watch?v=mIZfuS-1dLo&ab_channel=RockStockChannel
Time stamp 3m 51s for relevant slide.
https://www.youtube.com/watch?v=8Zaal_6WY2s
Just general talk on the lithium industry, but worth a watch
I asked this a few weeks ago and EV Bull and others kindly gave their opinions, but don't we look even more ripe for a buy out?We now own 20% of Amapa without an increase in the share price, a placing has reduced the share price. All the new share holders gat .205p get a huge profit and the carpet baggers sell off the assets they don't want.
I made money on BCN but I do see similarities here, place when the share price is down and give a discount.
https://www.youtube.com/watch?v=PvBHJaD-QLE
Video on EMH
https://www.youtube.com/watch?v=PvBHJaD-QLE
Video on EMH
Over the last few days I've seen figures on here of £60m, £100m and £200m for the value of the Sonora , we currently have a market cap of £44.6m, why not buy KDNC for £100 or £200m, sell off Amapa and the others parts and keep EMH and get a seat on the BoD?
Genuine question. from a v small speculative share holder.
https://www.youtube.com/watch?v=Pt_c3gaO32g&ab_channel=FullyChargedShow
It's a lovely looking car with hints of Aston Martin with the equivalent of a 1.1l engine.