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They’re issued by the stock exchange not the company though.
Any ideas why to Price Monitoring RNS has been issued?
Surely with the rise it should have been triggered by now.
Just ticked up to 0.17/0.18.
Something must be brewing.
@AHinvestments
Where - I’ve seen nothing about ADV?
@mcadder
To get a pump going, people need to be pumping it, to get investors to buy in.
There is no pump as far as I can see.
Where’s all of the twitter accounts/posters saying stuff to get people to buy?
Clue - there aren’t any.
@SI
Yep, I don’t think I’ll ever get back my original investment, but if I can recoup some losses over the next few years it’ll be good.
Patience will pay off I hope - and the downside from this point, or where it was, is negligible really.
“Pump and dump” - really, based on what.
Where’s this “pumping” going on?
No-one knows why it’s risen, so there is no “pump”. Jeez.
I’d say more likely it’s leaky
This share is still just so far under the radar IMO.
The business case is clear and the projected revenues will be superb. IMO, the delays have undermined confidence and, with the general economic conditions right now, people will have less funds to be investing.
Looks like my target of 8-10p by year-end won’t happen unless some great news flow happens and sentiment changes. But I’ll be holding for long-term gains.
The important thing to me is that DL is confident to take shares for the sale to WSBN and not cash.
If he felt the land was useless, he’d take cash and run.
Other companies were bidding too, so it would appear clear that there is a degree of optimism in this chunk of land.
Exciting times for the rest of the year, that’s for sure.
Seems a decent uptick today.
About time.
Most investors in WSBN will be aware if the warrants and also, the fact that there is only a small number of shares in issue. Even factoring the potential warrants, the number of shares in issue is still very low when compared to companies likes GGP.
The 3.3p warrants will of course be triggered (be a fool not to), but this doesn’t mean that the SP will be impacted. The drilling campaign and potential from positive results will drive this much higher. If this gets ramped up, then all existing holder will have the ability to sell at higher prices, not just the warrant holders. There can’t be many (if any) existing holders who are still showing a loss on their average SP.
We’re a roughly £20m mcap company, with larger potential areas than GGP, 100% owned by WSBN and they hit over £1b. A few extra shares issues (which will bring in additional funds to cover on-going exploration anyway) will not be material.
Asking questions is fine - but having the ability to see the other side would stop the accusations of being a re-ramper.
Been a long-term investor here (well, last year with an average about 15p).
Been patiently waiting for things to happen, and can see this moving much higher over the next few weeks.
Mcap is still tiny - forget the SP, it’s down to the number of shares. Once we get the assay results, we’re going to much, much higher. Many multiples IMO.
My 15p average will look soooooo cheap then.
Excellent interview. Just goes to show the scale of potential here.
Excellent news. Let’s see more momentum in that SP now.
There will be lots of assay results to come here over the next few months. SP is so cheap right now especially after the encouraging RNS of the current drilling.
Agreed. I can see good revenue from these, which is not factored into any calculations of the company valuation.
If you combine the :
Lead-acid recycling.
Lithium-imo recycling.
Mining assets.
Battery boxes.
you get to a nice business, in a growing industry, with first-mover advantage.
Mcap is seriously undervalued here for the growth coming. Yes, there’s been delays due to the permits, but in reality, the few months delay which they’ve had due to the Environment Agency is not material in the long-term picture.
6 months time and this will be much higher IMO.
Beware posters on here who just **** off based on knowing the grand total of SFA.
No-one is saying it’s going to be a meteoric rise from here, but I’m willing to give them a chance. I’ve not taken part on this fund raise, but am willing to let my investment here run for a few years now. Nothing more to lose as I’ve taken a very substantial hit here and I’ve written that off.
But people who post as though they KNOW what’s happening an d giving advice I find are the ones with their own agenda and are full of cr.p.
No surprise there’s a raise, but it shows they are still aiming at progressing things.
IMO, this won’t be a quick turnaround, but I’ll hang around for the next few years and see where things go.
At least the directors have invested some of their own money into the raise to show they are taking risks alongside existing holders.
I assume that there will have been a presentation to the investors which will show them their plans - hopefully, we’ll get some PR from the company soon laying out their plans for the rest of 2022.
@ShareInvestment
Still very optimistic for a re-rate of TM1 during the later part of this year.
General market conditions have been poor and the delays for permits/production won’t have helped sentiment - makes them an easy target for the derampers.
My expectations have not changed here and I can see 8p by end of year, once the production starts and news of any other agreements happens.
This business is going to grow very fast over the next 2 years - people will be kicking themselves for selling at such low prices.
Hi DBD. Good to see hear from you again. Hope all is well.
I hear what you're saying, but I see the current drift in the SP as a combination of :
1 . the initial delays in getting the permits sorted and hence getting into production.
2. the uncertainty caused by the FD starting and then leaving within 2 weeks (from what I've been told, he was not a good fit).
3. the general market conditions and small-caps are being hit quite hard.
Inflation/interest rate rises/supply chain issues/Ukraine are all causing a number of people to reduce exposure and go to cash. I can see the appeal of that. but timing stuff is so tricky. Don't want to be out when the market turns as things can turn quickly.
However, this is now very undervalued IMO. The 2nd half of 2022 will be good for news flow :-
Plants 3/4 being started (in terms of progressing, not getting built yet).
Further activity on the mines hopefully.
An additional 20% from the Blackbird mine - assuming that option is taken up.
Production from both the Lead-Acid and Lithium plants in Q3.
Hopefully some deals will get announced with one or more big company for batter recycling.
I still have great hopes of 8-10p y/e SP, but I always am the optimist :-)
@Ohmetoe
They had a great start after the IPO, but then there were delays getting the environment agency permits granted. The main permits for both plants have come through and this will allow progress to get the sub-permits sorted. Too many PI's have a short-term investment mind-set and/or get bored/spooked easily, hence some of the selling (or profit taking) when after the SP hit 5p and those delays.
Production will be coming on-board for both plants in August (I feel), and there are meant to be on-going negotiations with well known (household names) to process their lithium-ion batteries.
They are planning 2 sites per year up to 12 UK sites in total (6 of each type), but their processing technology IP will allow them to roll-out reprocessing facilities for other companies on their own sites, for example, giga-factories, so that they can recycle on-site. I expect this plan to be accelerated as the demand is there for the recycling but not the capacity.
They also have the mining assets and have just sold a 10% stake in one mine (USA) for £900k, implying a value of £9M for that one asset. There are also other companies looking at some of their other mining assets to buy into/JV. News should be coming on these later this year I hope.
The potential for this company over 12/24/36 months is huge, and being able to buy in at 2.5p still is incredible.
Like @ShareInvestment I'm very heavily invested here and am in for a few years, so I'm not concerned about the short-term fluctuations based on bad market conditions.