Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Pleased to see the market respond to PTALs achievements which given the backdrop they have been up against is remarkable, both production and financially wise we are in a great position.
The route to Brazil is a godsend which is going from strength to strength, mitigating our primary route issues.
Production on the up prospects looking very rosy.
Very frustrating to say the least, the western outlook for some time has been net zero carbon and demonization of fossil fuels while others have not been as keen and continued their development.
The outcome of this disastrous policy is a reduction in spending away from exploration which has declined significantly over recent years resulting in as situation we have today that there is not enough oil available to meet demand.
Which is bad western management of our economies because oil is not a scarce commodity.
A manufactured shortage blamed on Russia but its not it is the climate change carbon credit scam in combination with the wind farm solar park gravy train.
We are being played and manipulated and there is no alternative.
The markets of late have been very unpredictable and volatile while PTAL continues to do what PTAL does regardless of events it carries on, good to see well 11H being drilled if all goes according to plan in production in July.
The investor meet should be interesting with operational and financial commentary for the short and long term, with Q1 results published as a backdrop.
As rough comparison I use CMCL a gold miner in Zimbabwe mcap £139m producing this year 73-80k Oz from underground mining, it pays a quarterly divi and little or no debt we by comparison don't pay a divi have debt hopefully will produce between 80-100 Oz with a mcap of £109m so there are pro and cons for both but with higher production we stand to generate a higher EBITDA and more profit with hopefully the mcap increasing over the year taking the sp with it.
I am thinking parity is reasonable and THK has some catching up to do.
Disappointing to see the drop, however it's good to know this drop is not related to issues at the mine or the other projects on the go.
The hard part has been achieved here proving the mine build, time and design specification then ensuring it functions as per design, all this has been done and more, so I see it as down to the proof of mining ore this being processed gold being poured and eventually showing up as cash on the balance sheet.
Currently all is going to plan only the sp is lagging what is being proved on site if events continue in the same vein it will only be a matter of time before that rights itself the gold price close to $1900 oz can only strengthen our operations.
New broker note out on research tree the introduction sums it up nicely, even though prices are strong management does have a few issues to deal with.
Kenmare Resources (“KMR”) released a mixed Q1’22 trading update this morning. Slower than expected ore mining rates were offset by better grades but finished product output was still 11% below H&Pe due to lower recovery rates from HMC. Finished product sales were also severely impacted by previously flagged poor weather conditions and customer ship delays. With one of Moma’s two transshipment vessels expected to be out of action for 10 weeks from May due to scheduled maintenance.
Good to see CAML on the up, the changes at Sasa as they change mining technique has resulted in not hitting the same production highs.
However higher prices have compensated for the difference, excellent revenue all round from all the commodities mined with only a month or two before being completely debt free.
I had been pondering why the sp had been stagnant here electricity prices mooted as reason, perhaps maybe, but now we know someone wants out.
Now thoughts turn what to what happens now, how do they attract buyers for 22% of the company?
Hopefully not a large discount to our current price, time will tell.
I reckon you sold to soon every aspect of the business is looking in KMR favour high demand, solid balance sheet getting stronger, major capex done reaping the reward now for what was looking back a very ambitious move of plant and to achieve it without any setbacks was an engineering masterclass.
Possible supply issues with other sources of supply, the only fly in the ointment is the issues to the north.
Nevertheless though well done a profit is never realised until you sell and bank the profit and that's never a bad decision.
The chip shortage is still impacting the car industry worldwide although Europe seems to having the worst of it at the moment, hopefully this crisis will improve as the year progresses, article dated 28th March
https://www.autonews.com/manufacturing/latest-numbers-automotive-microchip-shortage-39
Brilliant results today strongest ever, financially robust position with lead and zinc prices doing very well in while the copper price is strong as well significant dividend increase to boot.
These results only reflect back to Dec since we have had three strong months with the sp short of being ath suggests to me there is room to move higher as commodity prices maintain strong demand.
The bullet points from that Telegraph article suggest Shell has learned nothing if they investing in offshore wind.
We need a complete rethink on the whole non scientific net zero carbon targets are these people trying and succeeding in taking society back to stone age, there will be plenty of protests come next winter when the price spikes in gas prices really hits home.
More drilling for oil/gas more gas generated power station is my view, there is a place for wind/solar even nuclear but folk don't talk much about the waste and 24/7 armed guard protection of the sites that its stored or of 100s of years of problems it creates for future generations and then we have accidents rare but they happen.
Stop demonizing coal bring it up to date with modern filtering there a place for that as well, but the political climate change the earth is dying due to co2 is claptrap.
Hi ken,
The commodity prices for our products is making it impossible for KMR to fail they the bod are rapidly running out of ideas to waste cash and even when they do the operation is running at its peak and creates more cash, the success here cannot be hidden any more regardless of whatever hair brained scheme they comer up with, we will get taken over the long mine life will be to irresistible combined with a profitable operation not to be added some larger miners portfolio.
The low sp for what's on offer here almost guarantees it.
Mentioned in VSA morning miner at about 3min.
Listen to VSA Capital Morning Miner 240322 by VSACAP on #SoundCloud
https://soundcloud.app.goo.gl/5yQY9
Great set of results nice to be cash positive by a considerable sum, production advised to be in a similar range and we have a rising copper price, costs increasing slightly but not running away.
The elephant in the room is obviously the electricity price the solar project will help to offset by 20%ish while not massive to helps also with the carbon offset nonsense, talk of possible wind farm which seems logical .
Low p/e means we are not overvalued so overall we are in a good place, we still further growth prospects to sort out moving forwards.
I suppose it comes down to watch the copper price.
Yes excellent and fair review, it did strike a cord with me when they covered ageing infrastructure generally I push that to the back of my mind, but it is a risk not so much pumps and the like but a fracture of a pipe or joint which would cause an oil spill.
We live in unforgiving times as for environmental issues are concerned rightly so as well, just hope they monitor and check the infrastructure to keep unwanted surprises to a minimum, the same applies to SQZ who I follow as well.
https://soundcloud.com/user-596578261/vsa-capital-morning-miner-230322?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing
Original link is from wisdom tree