Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
It SHOULD be this month if it was imminent and definitely in Q4 2023!!! Next message is the additional test work is nearly complete and the BOD think it would be prudent to include that in the DFS so there will be a further but necessary and practical delay. Yeh right...
So let's talk about Lloyds. I'm not too worried about this latest issue. Lloyds was doing ok profit wise before the windfall and it looked like buyback would continue in 2024 plus a healthy dividend. Even worst case would be covered by the loan repayment by Barclays so onwards and upwards. Patience will be rewarded. I've also topped up.
You could get a mate to do a short and then do a placing. Very lucrative. Not saying this is what's happening obviously. Can't see what's in it for the buyers of the placing shares. The discount has already be eroded.
Market didn't react well to that one. Quite the wrong time to bring in someone who knows about cashew nut production. Might have been better to do that at the beginning. Hindsight is a wonderful thing. Good news on the palm side though.
kc couldn't manage a **** up in a brewery. he is not a completer finisher and it looks like he's employed others of the same ilk. totally scandalous. at least he's managed another 3 months pay and a big handout for delivering the dfs late regardless of it's viability
kc couldn't manage a **** up in a brewery. he is not a completer finisher and it looks like he's employed others of the same ilk. totally scandalous. at least he's managed another 3 months pay and a big handout for delivering the dfs last regardless of it's viability
I agree with you somewhat Fingers. This goes back long before Geomet. Lithium isn't scarce and certainly won't be when all developments going on finally come to market but what EMH had and still has is the unique aspect of being in Europe. That's the selling point for us. Everyone as you say is waiting for handouts. The EU even if willing has to decide who gets what, can you imagine sorting that out. Much better for them to sit on their hands and hope EMH can get this done without them. I can see the EU making it more beneficial for European buyers to buy from Europe so there was and still is a genuine case for going it alone, however this is much more difficult with CEZ involvement. I know we have moved on but I still feel the mistakes were made a long time ago. I still think EMH can be successful and as an investor I sincerely hope it is.
Sorry I think it is Keith. He has gone about this in completely the wrong way waiting for handouts that may come eventually but are subject to many individuals humming and haaing and time wasting. In his negotiation with off takers they will ask how he will build and he will say he's waiting for a handout. This would make the car or battery manufactures amused as they know how long it takes to get funding from governments. They will then pay lip service to EMH but won't make any decision without some idea of how the project will be funded. The DFS is way long overdue. It was the key to attracting investors. I believe it would merit investment and as a result funds could come from the market. The SP is decimated anyway to the point it would have been with a major fundraising.
Let's hope this gets going like it should. Whether or not you think that global warming is real, the real threat comes from oil pricing. The world's in a mess right now after that smash and grab by the oil producers last year.
If you can control the extraction rate there is a job waiting for you at any palm oil company of your choising