Member Info for SGD27

To add to my speculations yesterday: if the Tehapachi purchase was the trigger for rekindling negotiations, then a bit of paid-for publicity to try to bolster the SP might be in order.

(Reminder: BurtonD is the TMS founder:
https://total-market-solutions.com/about/
)

@Twiggysparks: See my "Eco" post yesterday for one possibility.

@Twiggysparks: Yes, a possible source of pozzolan for the blended cement, though it's about 300 miles by road from CS to Tehachapi. We're not told where the "two related cement distribution terminals" are located - if anyone can find out, let us know!

A reminder that the CRMC negotiations stalled "in significant part due to organisational changes within the CRMC" (RNS 24 May), and my speculation is that this *might* refer to CalPortland's multiple purchases from MM.

https://www.taiheiyo-cement.co.jp/english/summary/pdf/220809_2.pdf

"
1. Overview of the Asset Acquisition
Business Assets: The Tehachapi Cement Plant (California) and two related cement distribution terminals for which CPC has had preferential negotiation rights.
Purchase price: US$350 million.
2. Purpose of the Asset Acquisition
The acquisition will enable CPC to build a supply system that can meet the growing demand for cement in the Western United States. The acquisition will also enable CPC to further reduce CO2 emissions intensity at the Tehachapi Plant, by: (i) improving plant facility management; (ii) increasing the plant’s operating rate; and (iii) further converting production to blended cement.
"

("Blended cement" = portland cement + supplementary cementitious materials e.g. pozzolan.)

As per previous posts I've been waiting for this news, and decided to add when I saw it yesterday lunchtime. It looks like my buys may have soaked up the 9.5m "Peterhouse Fee Shares" from the recent placing. I added a few more this morning & am probably done for now.

NB The possible relevance of the Tehachapi acquisition to the SRES CS project is of course just speculation on my part - DYOR & GLA.

An article discussing in some depth what the newly formed Eco Material Technologies (including Kirkland Pozzolan Mine) have been up to :

https://concreteproducts.com/index.php/2022/08/06/pozzolan-proliferation/

Also thanks Bermudashorts for the links earlier on yesterday.

Thanks EyesOfBlue. It's a subscription article, but there's a couple of extracts here:
https://morethanthecurve.com/british-company-to-expand-workforce-in-plymouth-meeting/

https://www.proactiveinvestors.co.uk/companies/news/988392/vietnam-holding-says-retail-investment-appetite-remains-strong-in-country-988392.html

Overdue?

And so am I, very glad you're still with us.

Yes the placement should have been no surprise. Not only the cash situation, but the appearance of a new company presentation in June, with a new Slide 5: "The Investment Case" - a bit of a giveaway!

I think 2050 is the more realistic target for net zero, and even that might be a struggle. Article yesterday:

https://www.cemnet.com/News/story/172987/why-aren-t-co2-emissions-falling-more-rapidly-in-the-cement-sector-.html

"
It is going to need a vast turnaround in performance to cut CO2 emissions by a quarter by 2030, as proposed in the Global Cement and Concrete Association’s (GCCA) Roadmap.
...
As of December 2020, the Transitional Pathways Initiative assessed that 33 cement producers in the world had targeted net zero by 2050, among them CRH, HeidelbergCement, Cemex, Dalmia Bharat, Taiheiyo Cement, Holcim and UltraTech Cement.
"

Unusually high discount to NAV - see charts here:
https://www.hl.co.uk/shares/shares-search-results/g/geiger-counter-ltd-npv

https://www.globalcement.com/news/item/14344-update-on-california-july-2022

"Looking at the local cement production base in California ... CalPortland looks set to become the frontrunner if it buys Tehachapi."

The Tehachapi cement plant is ~300 miles by road from CS. I wonder, does its change in ownership need to be resolved before we can get a deal?

https://www.world-nuclear.org/press/press-statements/european-parliament-has-chosen-to-listen-to-the-sc.aspx

https://www.world-nuclear.org/press/press-statements/european-parliament-has-chosen-to-listen-to-the-sc.aspx

http://cantorcanada.com/sites/default/files/20220704YCA.pdf

https://www.sunriseresourcesplc.com/filemanager/Presentations/2022/202206_Sunrise%20Company%20Presentation.pdf

https://www.proactiveinvestors.co.uk/companies/news/985995/sunrise-resources-grants-spain-s-tolsa-an-option-to-buy-its-pioche-sepiolite-project-985995.html

The picture made me smile :-)

https://mets.dot.ca.gov/aml/CementitiousList.php
Scroll down and you'll now find SR Minerals in the list of pozzolan producers.

https://www.thisismoney.co.uk/money/investingshow/article-10939425/Biotechs-doldrums-thats-opportunity-says-Ailsa-Craig.html