Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Pickledpeck: That's a bit like saying the car is overall in very good condition - it's only the engine that's buggered.
Incidentally, it was also manifestly clear that good ole Rusty had no contingency plan in place for when interest rates rose - which they were always going to do sooner or later. If so - why be talking about 'never cutting the dividend' until the minute before he was forced to do so? Not a good look is it?
Clued: Most of the extant shorts (exempt Adage - who really are in the money) initiated their positions around £10 to £11 or below. Consequently, they really aren't currently looking that healthy - albeit they have jointly contributed to the dire sentiment here - but that is primarily down to good ole Rusty and the car crash crew. But why should he care eh - he'll just award himself some more options to reward his manifest failure (see SP for definition of manifest failure).
https://www.fca.org.uk/markets/short-selling/notification-disclosure-net-short-positions
Pickledpeck: Well done for stating that which I was aware of - my point was to see if skiramp had any idea - as opposed to spouting his 'soundbite' ramps.
However, these improvements in the accounts have been known for some time - you yourself go back to 2021. But the SP has been falling consistently since 2022 (and that's putting it mildly!). Consequently, why should what are relatively marginal improvements in EBITA, Revenue and margins suddenly be a catalyst for dramatic improvement in SP. Particularly as FCF has (again as you note) been actually falling relative to the above?
We have a shed load of shorts who are clearly assuming DEC are heading south - albeit we have recently been making tiny improvements in SP. The savings consequent to the trashing of the dividend have not been (to date) spent of an aggressive BB campaign (it's currently pitiful). We won't know about repayment of debt for a while - but hopefully that will be a potential catalyst. However, given good ole Rusty's predilection for buying more and more wells I suspect that is where his focus will be - we'll see in due course I guess?
Skiramp:
1.Revenue here is up - evidence / source?
2. Profit is up - evidence / source?
3. cashflow is up - evidence / source?
4. Buybacks are up - no they aren't - Fact!!
5. The signals are (very) strong - says who? - You!? LoL
Just your usual ramping crap.
Alan has built 180 houses - or was that the price he sold at to buy one and thereby crashed the SP (crashing the SP does seem to have become a tragically recurring theme of his since that time eh)? LoL
Walleye Capital reduced their short by 0.1% last Friday - now on 0.79%.
Be grateful for small mercies eh!? LoL
https://shorttracker.co.uk/company/GB00BQHP5P93/
Jeez - it really is amateur hour here eh? The BoD just haven't got a clue - utterly hopeless. Until there are changes at the top we are going absolutely nowhere fast - simple as. Great science - appalling management.
So you keep saying GG - but maybe it's not satiating your nefarious appetites here? I see you're now stalking Trek Madone over on PHNX - is this an expansion of your venom spitting franchise? You really don't like it when folks take a swipe back at you eh? Just saying!! LoL
Terry: I thought the number that answers the ultimate questions of life, the universe, and everything was '42' (See Hitch-Hikers Guide to the Galaxy)? Clearly, Peel Hunt have gone further - 3,708 further actually (maybe by using AI?). If DEC would like to pay me a mere 10% of what they are paying Peel Hunt I'll happily conjure up a metaphysical constant number for them - no problem!! LoL