Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
The first thing to say about this particular sweep is that it is focused on wrongly priced stocks that are apparently “too cheap” rather than overvalued. However, there is more than a little focus on situations where the bears have previously, or are still attempting to stick the boot in. Indeed, the normal bear playbook is to call a delay a lie, a loss a fraud, and of course, if this fails to get the share price down, simply make personal attacks on the management.
What is also worth noting is that when a stock does re-rate from a micro-cap to a small cap, or a small cap to a midcap, it is rare that the transition is not met with stone throwing of some kind or the other. All of this can help in the armoury of potentially finding a bargain stock, one that is hidden in plain sight.
Mode Global
But perhaps the best way of working out whether a stock has really been treated unfairly by the market is to compare the fundamentals the last time the share price was at current levels, with where the company is now. A good example of this “water under the bridge” test is Mode Global (MODE). Here the fintech group floated at 50p exactly a year ago, October 5 2020, and in terms of activity and milestones, it can be said that there has not been so much water under the bridge, but a tsunami.
For instance, although Bitcoin is only related to part of the Mode business, when the company came to market, the crypto currency was just over $10,000. It is now knocking on $50,000. But where Mode has really advanced is with regard to all the “fixtures and fittings” of the business, especially on the regulatory side. For instance, in June Mode secured its Electronic Money Institution licence and its AMLD5 registration from the FCA enabling it to offer a range of innovative financial services to both businesses and consumers in the UK. The Revolut comparison may not be entirely appropriate, but nor it can be argued is a measly sub £40m.
https://audioboom.com/posts/8026408-the-sunday-roast-with-jonathan-rowland-executive-chairman-of-mode-global-holdings-lse-mode
time will tell
looking good
19 next week
hopfully
good news for us
great news for i3e
follow the money T B
got 29% in this
I would like to thank our brokers, Tennyson Securities and Tuner Pope, who acted as brokers to the £7.02m fundraise, and as such, will be awarded broker warrants as part of their fees. Following shareholder approval of the fundraise, Tennyson will receive 11,725,000 warrants and Turner Pope 417,667 warrants, both with a price of 1.8 pence and valid for three years.
Finally, I would like to note that our CEO, Simon Oddie, Director, William Ahlefeldt-Laurvig and I all participated in the placing, which I hope marks an unequivocal endorsement of our unerring confidence in the proposed acquisition and the enormous potential it can deliver.
We hope you will show us your support as we seek to catapult Europa into the next stage of its growth trajectory at a time when energy security and stability of supply is of critical importance globally."
done deal by the looks of it
Europa Oil & Gas (Holdings) PLC (AIM:EOG) chairman Brian O'Cathain said the Serenity field in the North Sea is a “highly exciting asset with the potential to deliver significant near-term value”.
O'Cathain, in a statement ahead of today’s shareholders’ general meeting, highlighted the opportunity as the company seeks shareholder approval for its £7.02mln equity raise to fund Europa’s participation in Serenity - it would see 390mln new shares issued at 1.8p each.
Serenity is operated by i3 Energy and earlier this month Europa agreed a deal to acquire a 25% stake in the project, in return for funding 46.25% of the cost of an appraisal well (capped at US$15mln).
“An appraisal well is scheduled to be drilled in the late summer this year, and should it be successful, it will add material value to existing shareholders as it will de-risk a large volume of hydrocarbons located close to existing infrastructure,” O’Cathain said.
“This acquisition allows Europa to deliver on its promise to diversity its portfolio by adding an appraisal asset and strengthen Europa's existing producing and high impact exploration assets.”
“To this end, the board and I firmly believe that the opportunity to acquire the stake in Serenity is ideal, not just from a growth perspective but also from a strategic perspective as it complements our existing asset base.”
He added: “With drilling set to start in the late summer, we regard Serenity to be a highly exciting asset with the potential to deliver significant near-term value to our shareholders and could provide sufficient recoverable volumes for a standalone development.
“The well planning for the appraisal well has already been completed by i3 Energy, which has extensive regional subsurface knowledge and operational experience, and is thus an excellent partner and operator to deliver on Serenity's potential.”
https://www.youtube.com/watch?v=Hyaf7LhJN_0&feature=emb_rel_end
be happy for sp to do 5% per week for nexty 5/6 weeks
re rate
happy was 53% down
only 38 % now
bod pay38. p
cheak out 10min in to18 mins
Time to fix17 Feb 2022 08:49
Patience.
https://audioboom.com/posts/8026408-the-sunday-roast-with-jonathan-rowland-executive-chairman-of-mode-global-holdings-lse-mode
time will tell
paying13.45
coming on mode
news must be near
50 day moving ave
must be 12.50 on friday
to push up to 19
RE RATE WOUND BE NICE
57% up