Go back to the admission documents and think why the directors were happy to take £430k at this price in placing. The funding is planned at TVL level, not Alkemy level.
“Alkemy is also considering various funding options for the project including private equity, a structured bond and an institutional equity component and will update the market on this in due course. As it is intended to finance and operate the facility via its operating subsidiary TVL, if this is achieved it is anticipated that there will be no immediate dilution to Alkemy's shareholders as part of the proposed financing process.”
It will come together. these quotes are nicked from the Tg from more informed person than me.. who works closely with co.
“The Feasibility Study has been produced ahead of schedule in response to the due diligence requirements of certain global OEMs looking to utilise and contract with Alkemy’s refineries”
“The above is the key line, the FS was and has been fast-tracked by OEMS, global ones who want to get their hands on ALK's LSM plans. The reaction to this is ridiculous, undoubtably some short term traders but in terms of progress this is a key announcement which they have also stated that they will follow up on at the end of the RNS”
RE: Unstablility and security risks.22 Aug 2023 13:04
It’s been the same for all the time kod has been there. infact decades before they went there. so what’s new? many other majors operate there whilst it’s like this.
Yes Muck165. They applied months back for FDA, it don’t take too long for devices and tests. Huge market, imagine the Walmart Rns lol
“Salignostics received certification for the marketing of Salistick in the European Union last year, allowing the product to enter the UK market. The company has also applied for approval from the US Food and Drug Administration (FDA) to make Salistick available in the United States. ”
It’s a pretty tight free float. I’m sure about 80% is held by ceo and others. Can be hard to buy at times when it gets busy. For me, sit and let value play out.. 10p cash