Member Info for SGD27

Presentation by AL yesterday at the Red Cloud Summer Uranium Conference:
https://www.youtube.com/watch?v=Wgm4-C9QKeg

https://www.thisismoney.co.uk/money/markets/article-10942701/MARKET-REPORT-Sliding-oil-stocks-hit-FTSE-crude-takes-tumble.html

Thanks SEA7. Also on google finance:
https://www.google.com/finance/quote/YLLXF:OTCMKTS

https://www.proactiveinvestors.co.uk/companies/news/985542/angle-says-second-pharma-services-contract-shows-confidence-in-totally-new-approach-985542.html

https://www.thearmchairtrader.com/sprott-asset-management-uranium-forecast/

https://www.newswire.ca/news-releases/progressive-planet-unveils-new-high-performing-pozzolan-made-from-unique-mineral-asset-810200631.html

It's possible that Progressive Planet is the "new cement clean-tech company" we've been talking to.

This latest SCM, "PozDE", is probably not too much of a competitor for us, as it's quite a distance away in Canada. Also, it's perhaps going to be more of a speciality product, making use of a by-product from processing 30ktpa of diatomaceous earth, so not looking like a huge quantity.

They give some 7-day strength data, which at first sight doesn't look as good as ours, but I'm not sure a direct comparison is possible as the comparison targets may not be the same.

https://www.proactiveinvestors.co.uk/companies/news/983585/angle-s-ceo-explains-the-huge-significance-of-its-prostate-cancer-collaboration-983585.html

Eco Material Technologies have finally got their act together and produced a comprehensive website:

https://ecomaterial.com/

Reminder: this is the newly formed company that bought Boral's North America fly-ash business, including the Kirkland pozzolan mine:

https://ecomaterial.com/wp-content/uploads/2022/04/EM-Kirkland-Natural-Pozzolan-2022_4-28.pdf

They are very possibly the "major fly-ash distributor" we're talking to.

Andysel, I think you have to look more directly at the cash position:
"cash position at the year-end [30 Sept 2021] of £371,740 (2020: £1,089,417)"
suggesting a burn rate of ~£718k/year, ~£60k/month.

Alternatively look at the placings over the last six years:
Aug 2020: 357m @ 0.28 = £1m
Feb 2020: 180m @ 0.11 = £200k
Nov 2019: 350m @ 0.10 = £350k
Jan 2019: 292m @ 0.12 = £350k
Jul 2018: 286m @ 0.14 = £400k
Dec 2017: 333m @ 0.15 = £500k
Jun 2017: 325m @ 0.10 = £325k
Mar 2017: 250m @ 0.10 = £250k
Jan 2017: 61m @ 0.10 = £61k
May 2016: 250m @ 0.12 = £300k
Apr 2016: 109m @ 0.11 = £120k

Total is £3856k over 6 years = £643k/year, ~£54k/month.

Recent spending has probably been lower than average - not much drilling etc. - but it's still hard to see how they won't need to raise money soon. How they'll do that is speculation of course; if a deal is imminent then no problem.

FYI I believe this is the list we're aspiring to:
https://mets.dot.ca.gov/aml/CementitiousList.php

https://www.investorschronicle.co.uk/ideas/2022/05/09/bargain-shares-a-ben-graham-contrarian-value-play/

Likewise. Just bumping the link for snooz's excellent spreadsheet :

https://docs.google.com/spreadsheets/d/1SdQ0pXhW2KJ_PJoiJ3w97tzVz1fGcupAU9bfpTJkOHw/edit#gid=2006377867

No offer :
https://www.investegate.co.uk/acacia-research-corp/rns/statement-regarding-arix-bioscience-plc/202205041839333688K/

If you want some guesses, it would be Eco Material Technologies Inc. for the "major fly-ash distributor" and Progressive Planet for the "new cement clean-tech company".

Just guesses of course.

Not sure, but I think this web page is new:
https://www.sunriseresourcesplc.com/pioche-sepiolite-project

MMM Q1 just out: Cement price up 11.8%, from $115.49/ton a year ago to $129.11/ton now.

https://ir.martinmarietta.com/news-releases/news-release-details/martin-marietta-reports-first-quarter-2022-results

Just came across this, which probably appeared about a month ago. (Reminder: Calportland recently bought some West USA CRMC assets from Martin Marietta. Their parent company is Taiheiyo in Japan.)

https://advancement.calportland.com/

"
Coming Soon!

ADVANCEMENT[TM] NP (Natural Pozzolan)

Description: A supplementary cementitious material (SCM consisting of natural pozzolan blended with Type II/V portland cement. Natural pozzolans are a siliceous or silico-aluminous material that will, in finely divided form and in the presence of moisture chemically react with calcium hydroxide at ordinary temperatures to form compounds having cementitious properties. )

Benefits: Reduces CO2 in the manufacturing process by ~10% vs. common ASTM C150 cement.

Uses: NP is a general-purpose cement suitable for most concrete construction.

...

Coming Soon!

ADVANCEMENT[TM] T (Ternary Blend)

Description: A Ternary (three-part) blend of II/V cement, limestone and pozzolan.

Benefits: This blended product reduces the amount of CO2 in the manufacturing process by 20-25% as compared to common ASTM C150 cements while maintaining product performance requirements.

Uses: A general purpose cement suitable for most concrete construction.
"

Taiheiyo annual results are due 12 May, so let's see if they have any more to say then.

Sorry, fix for 1st link cut&paste fail :
https://www.cemex.com/investors/reports

Cemex Q1 results yesterday:
https://www.cemex.com/investors/report
and webcast transcript here:
https://www.fool.com/earnings/call-transcripts/2022/04/29/cemex-cx-q1-2022-earnings-call-transcript/

A few snippets from the transcript:

"
We continue to roll out our growth investments. And this quarter, we approved over $200 million of additional bolt-on margin enhancement projects.
...
Pricing gains contributed significantly to sales with cement prices increasing 10% [relative to a year ago]. Our January increases were highly successful. In markets which account for 40% of our U.S. cement volumes, cement prices rose between 8% and 10%. In April, our remaining markets received their first pricing increase for the year. We are optimistic that traction will be in line with January. We have already announced additional price increases for the summer in all markets and we have advised customers that further price increases may be necessary.
...
we continue reduce clinker factor. And you know we've been, for instance -- as an example, we've been switching from type one cement to limestone cement and other types of blended cement in the U.S. So we are reducing clinker factor in the U.S. using materials that have a lower cost when compared to clinker itself. So that is also on top of contributing to CO2 reduction, which is contributing to our competitiveness. We have the lowest clinker factor during the first quarter, and we do expect continue reducing it.
"

Fixed link (lse doesn't seem to like v o x m a r k e t s) :

https://www.%76oxmarkets.co.uk/articles/vietnam-the-best-is-yet-to-come-fe5d06a