Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
My concern here as well as inflation and site costs, is do the shareholders really have the appetite for more fund raising.
Ocado really needs keep an eye on cash flow. I think this could be a classic case of growing to quickly.
The company needs a long period of consolidation.
Fund raising and inflation are the problems here. The build and running costs of these CFCs are high. Now the SP is much lower only means the dilution will be greater. It may well be that some of there builds get moth balled. The valuation is still high,exercise caution here.
Picked up my fraction refund through EQI today. Was not expecting that. Still it won’t change my life.
Fission is 25 years away and Fusion 30-40 years.
Hydrogen is expensive and requires a lot of power to produce. Wind requires a lot of maintenance especially off shore and solar in this country speaks for itself.
I agree a take over is maybe on the cards especially with the pound loosing its value, overseas investors will start to become interested. The price is still a little to high wrt valuation. Certainly one to watch. Unfortunately this is a tale of a British initiative being exploited by perhaps US money.
I think the SP will move when they announce a dividend increase. Currently the SP is range bound.
Just waiting for it to settle then will average up
SP Indicating new territory
I want to see a steady 40pence before I average up
A single figure valuation makes this a M/A target.
I have just taken up a small holding. Will now wait till next week for the news.
I am actually hoping to average up on this.
We must not forget the price of fuel will squeeze margins on both Ocado and M&S
Interesting that Poly stated they have the dividend deposits in a European Bank. My take on this is they will pay a divi of some sorts and have taken this measure in the case of them being encouraged to de list.
I certainly feel for you guys invested here, I moved out about 18 months ago but have been tempted to get back in.
I am currently with Barrick Gold as they have a global exposure. I missed the Poly divi and watch from the sidelines at the moment as anything could happen with this.
If the SP drops much further ie single digit, it could be a target for a M&A. My view is the SP needs support such as buybacks or divi. Unfortunately this unlikely in the near term. If it made money we would all be happy. Its a bit of a catch 22 situation.
The SP reflects the fact the Company does not make any money. Yes it has loads of potential but there are 2 rounds of Bond maturity in 2024/5 and then again in 2027. Personally I have been looking to buy in however I still think the risk is too high.
I am a bond holder and would be tempted if they declared a divi with some of the future income from their overseas ventures.
Its all about balance in the end.
When investing in a mining company global exposure is important as political tensions can present themselves anywhere. Unfortunately Poly is a one trick pony. I think the divi is the least of its problems.
Regarding capital raise, I think they will go back to the bond holders another tranche is likely. Debt is a big issue here. I think Ocado will be happy for the SP to drift towards £17 so they can settle with 2024/25 maturity. If the SP should rise above guidance then your right, a RI is likely for two reasons . One to maximise the capital rise and two allow the SP to fall back for alignment with bond maturity.
Agree £17 is the limit here
I agree with you Longtimeinvestor, to have interest in both stand alone companies is a far better proposition.