Member Info for smkr

I’ve researched this a fair bit over weekend and end of last week. I dare say there’s a very early opportunity here at this price, considering the sector it’s in and the potential upcoming supply deficit on lithium across EU.

Agree. One bit of positive news and it goes from this m/c

Time to hold my friends! ;-) nearly there

It’s in the annual report

Funding

Alkemy is 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.

Decent. All on track with revenue then

https://teesvalleylithium.co.uk/wp-content/uploads/2022/10/ALK-Presentation-October-1.pdf

Shard £6 target .. VSA £8 .. both on presentation above

Personally think you might see more than that over time.
—-

The project is the first of its kind in the UK, the biggest in Europe and will when completed be a key supplier to UK and European giga factories, electrical vehicle and battery storage industries.

96,000 tonnes annual production of battery grade lithium hydroxide representing approximately 15% of projected UK and EU demand.

Pre-tax net present value (NPV) of GBP2.8 (US$3.9) billion based on long-term lithium hydroxide price of US$25,000 per tonne.

Can’t be far off now guys. Still holding and waiting for the news that validates and let’s them build a company

From strategy announcement last year.

Had it occurred to you that money might not be all dependent on gambling moved away? US VC firm

“We are in advanced discussions with a major US Venture Capital firm on the Series B round next year and have visibility on what the business needs to achieve between now and then and what valuations we are looking at that Series B funding round.”

haha

Not sure mate. I’ve not heard any rumour apart from a few things posted around message boards. Pinch of salt maybe needed. I just think there’s obviously support at this m/c or thereabouts and the company seems very willing to support it - money where mouth is etc. When market turns then it’s got upside.

an interesting burst this afternoon. we must be close now surely?

and if it is due.. I hope you are all ready for the ultimate validation of the project.. remember where we are in the cycle if it lands soon. this is just the start.

if it comes, the funding is from fully researched venture capital money that has eyes on a nasdaq listing for a multiple return ..

They look cheap. 7m cash end of June, and record July revenue, probably not far off in August too being holiday season, then winter covid. 12m m/c? it looks cheap here

Rampy or positive, versus derampy or negative. Hey ho.

Fact is, since the worry about the high energy prices and cost of living crisis, market cap has collapsed from well over a billion to less than half recently. A lot of your “worries” are already baked in, Chap. You’re late to the shorting party.

Don’t keep that short open too long bud.

It was 340euro/mwh .. it’s now fallen to 162euro/mwh. That’s front month gas futures, and ignore months further out as they’ll adjust down as they near front month lol

Yes prices haven’t dropped yet for us minions mate, they’ve only fallen last few weeks. It will filter through. Eventually.

EU ENERGY CHIEF:WE SHOULD AIM FOR A NEGOTIATED AGREEMENT WITH SUPPLIERS TO LOWER GAS PRICES

EU ENERGY CHIEF: EU FRAMEWORK TO CAP PRICE OF GAS USED FOR POWER COULD BE A WAY FORWARD

EU ENERGY CHIEF: THIS PRICE CAP SHOULD BE COUPLED WITH COMMITMENT TO CURB GAS DEMAND FURTHER

https://twitter.com/firstsquawk/status/1577361210252857344

They had a trading update literally 3 weeks ago, and you’ll get another at end of month.

“Importantly, despite these purchases, the Group's cash position and liquidity continues to increase.”

“ The Board remains mindful of the macroeconomic headwinds across the globe and, whilst we benefit from the inherent resilience of the business, numerous actions are being taken to mitigate their impact.”

I don’t know what time warp you are living in, but gas has dropped 50% from the high prices in summer. Won’t be long until that filters through.

https://tradingeconomics.com/commodity/eu-natural-gas

https://tradingeconomics.com/commodity/uk-natural-gas

Can you feel the short squeeze yet? lol. Be ready