Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Don’t worry Thom, it will recover just as quickly. Aside from the immediate rerate on final funding closure, we should hear soon about the storage partner. RH has also alluded to additional opportunities plus of course the other assets.
I think the next few months are going to be quite lucrative and I’m adding quite a chunk at these levels.
New all time low sounds like best all time buying opportunity. I see the usual bubbles and squeak scaremongering. The upside is clear and nothing has changed since the recent multiple bullish updates by the company. Hold tight and watch the massive correction soon. Funding will be finalised ahead of last indication.
Is it really that bold? RH has already clearly stated the market cap is way out of touch with true value and that is plain for all to see. The only thing that has dragged the price down below 1p is funding concerns. With that fear alleviated then a full rerate will commence in earnest. All other factors such as production and gas price plus / minus 20% are immaterial in this rerate.
Add in however, 150p gas, optimised production levels, storage partner announcement, oil production, acquisition and and - then your £100m market cap becomes a possibility.
As said, it’s all upside from here.
Barney I think once funding terms are clarified and signed then that in itself will have a major boost. Gas I’m expecting to reach 120+ over the coming cold months and a storage partner update also due within Q1.
Take a look at the CPR and the many references to it by the BoD. End of March I expect 1.5p of not more. It’s all upside from here but still some variables.