The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
ALK is a margin based business so price of lithium not really a factor too much. We will make money on the refining, not the lithium, so whatever we’re buying and selling it for our margin will remain relatively steady.
For your reference, ALK’s forecasts are based on long term hydroxide price of $25,000 per tonne and it’s projected to remain above $30,000 per tonne even with lithium prices falling so ALK still economically viable even in the worst circumstances for lithium pricing.
Spikey, doesn’t matter that a 3rd party indemnity hasn’t been given - the fact that Queeld and Mispare have indemnified the company in a legal document signed off by the solicitors of both parties and the courts means Eurasia isn’t liable now for any third party coming forward and putting a claim on the shares. Whether Queeld and Mispare would abide by any enforcement of that liability is irrelevant - the fact the potential liability doesn’t fall on Eurasia means I, and Eurasia for that matter, don’t care what happens to it after that.
Spikey, not sure if you’ve read the Tomlin order in the Queeld case but Eurasia actually did get full indemnity from Queeld and Mispare, they just had to indemnify themselves rather than getting it through a financial institution.
essar may or may not be considering making a bid for eua’s assets but either way that pile of ****e on twitter is clearly nonsense and anybody who spends half a second looking at it can see that. ignore it completely and do not ask ai chatbots for investment advice…
i’ve replied to his post asking him to delete it - dangerous and inexcusably immoral for him to post that when some idiot investors trying to play money on the stock market might believe it and buy shares based on clearly inaccurate information.
Scottydog, we don't know what the settlement is - if they've ended up agreeing to pay the bill in full then it's not exactly a victory but it's no loss either. If they've negotiated the bill down to what they agree is due then it's absolutely a victory. Unfortunately we'll probably never find out...
Wrong again Toffers, we do know that - because I was there. We aren't all keyboard warriors like yourself, some of us leave the basement every now and then and head out into the real world. Wind Up hearings are held in open court, you could've gone to observe if you'd wanted to.
If that is the case Herbie, that’s not dodgy, it’s the same on every single share on AIM and a good chunk on the main market as well because it depends purely on the advertised bid/ask in comparison to the real spread, which is almost always much tighter and rarely bang around the centre point of the advertised price.
Stop trying to influence people by making something out of nothing.
By way of a quick summary of what my non-legally educated but reasonably well read brain believes to be best and worse case scenarios of the Gowling case today:
Best case: WUP thrown out, Gowling ordered to pay costs, and told if they want to pursue the claim they can do so through the proper channels (ie county court or high court claim)
Medium case: EUA and Gowling have come to an agreement on the bill amount and EUA have either paid or committed to pay. WUP dismissed.
Worst case option 1: WUP allowed to remain in place but as yet unadvertised while negotiations remain ongoing between EUA and Gowling
Worst case option 2: EUA ordered to pay the bill and Gowling’s costs in full
Contrary to what some absolute spoons have been posting on LSE the last day or so, I don’t believe there’s any way the company can be wound up today as 1) they are solvent and could pay the bill if ordered to and 2) the petition hasn’t been advertised.
I am actually attending court this morning to observe, so for those who like to read facts rather than unsubstantiated bile, I will report back once the hearing is done.
I’m honestly not sure I care too much where the supply comes from. As long as there’s supply and it’s got decent ESG credentials then I’m sold. If it’s coming from a trading house they’ve obviously got a source lined up, if PA says it’s South America then it’s South America. Could be a new endeavour for Wogen 🤷♂️ No need for them to have done something over there before for them to be doing something there now.
On here this morning…
Yes there’s a new license been issued. Anyone who wants to verify this for themselves can go to https://rfgf.ru/ReestrLic/ and filter to licenses in Murmansk, the Travyanaya license is the first one in the list as it’s the most recently issued license in the region. You’ll need a VPN connection to Russia to get into the site.
Sure the company will RNS as such this afternoon or tomorrow, to address media speculation…
No it’s not a plot by the Telegram group 😂 Not sure what planet some of you are living on but we’re just a bunch of ordinary investors who like to discuss things without every conversation turning into a shouting match…
#ALK will be hosting an update webinar on Wednesday 1st November at 12.00 pm following recent key updates on the strategy in Australia as well as feedstock/offtake progress.
ALK will be represented by Paul Atherley, Non-Exec Chairman
Link to sign up to the Zoom meeting is on Alkemy's Twitter page