Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Surfer.
'Genius TP3 you couldn't make it up..
You do. lol
Will wait for the apology on 'singular. Dimwit.. it's 'O' level ' (or equivalent) English, so it should still be very fresh in your memory. Don't need to ask English teacher, I'm educated.
Mat. You are still here, you said you had sold out. Another 2 inches on your nose. You said you had filtered me. Another 2 inches. You have joined surfer in suffering from Trumpism. An inability to tell the truth. So much for the educational standards of the testpack haters, non of you knew Company is a singular entity, as is BOD. That one is for you Westie,
My buy was excellent timing.
Mat, remember I told you that you were reading my posts and using them as a basis for your forecasts, also remember, I said 'watch out for the curve balls'. Also Mat, I've confined in friends when I shall sell my holdings, don't want you copying my transactions, you naughty boy. And Mat, forget your ' better to have friendly chat' or words to that effect. Just read your posts in relation to me. Everyone was derogatory and dismissive. Because you have a child like mentality, I respond in the same vein, since that is the language you understand. Mattress , thanks. I am defo something one can re lie on every day, and night. I didn't know you cared. Mat, if you were more intelligent you would realise you are on a loser, please desist in attempts at joviality, you are not close to being in the pack, but well placed in the herd. Both singular Surfer and Westie. I should charge you for this education. lol. ( That's for you Aim-less.)
BTW, all of my posts are for entertainment purposes ( mine, not yours), since waiting for a 'red dot' is painful, like you Surfer Boy.
Grumpy surfer.
"Happy, should read @ company has, not have. It is a singular entity." Incorrect. In British English, the name of a company is generally taken to be a collective noun and therefore takes the plural form of the verb (have). In American English the opposite. Consequently both are used but the mere point you feel the need to raise it likely says all we need to know about yourself - Narcissistic Personality Disorder perhaps ?
You are wrong, again. Company is singular. google it. Your education, or lack of it, shows up. You actually state that Company is a collective noun ( it is possesive), and collective nouns are singular.
As for the rest of your accountancy diatribe, I do not feel the need to educate you and Westie further. Westie did not post to say he had seen the light, so it is mainly BS, and you still do not know the meaning of 'intangible'. My initial post was to highlight that there had been no purchases of PPE, which is necessary to 'conduct major work on site', a much used statement by this BOD. However, the study of using treated foul water, and 'engineering asessments was performed by subcontractors, obviously using their own PPE. Finally, I used 'intangible' in a sentence, and since you were confused by it, I googled it to explain to you. You did not believe that was the definition, so you had to google to verify. Sad and pathetic. I think you suffer from Trumpism, a condition in which you attribute mental and physical disorders to others, and suffer from all of them yourself. If you insist on posting on accounts again, do it only to educate Westie,.
Mat, you've sold out, goodbye. I have bought a few more.
HappySurfer.
Yes, I googled the exact def. since you did not understand what it is. So you googled it to see if I was right, and lo and behold I was.. It is simple English, the answer lies in the term 'Intangible'. This statement is from you, or the BOD;
'The company have said The intangible assets consist of capitalised exploration and evaluation expenditure in respect of the Company's potash interests in Morocco (the Khemisset project).' BTW Happy, should read @ company has, not have. It is a singular entity.
This is exactly what lead to the Dissolution of RR in 1971. It is not allowed under UK accountancy methods. I'll explain to you and Westie. To make the Consolidated Pn L Statement look better, EML considers that future financial benefit will derive from exploration work performed ( subcontractors), so they have attributed monetary figure to it. RR was obviously on a much larger scale, and attributed a figure of 100s of £M on the books, which was monitising RnD costs on the RB211 engine. What it does mean, is that there was no expenditure on plant and equipment in the period. And that is what I stated Westie, You are easily impressed, and are an obvious 'mark'.
The CF of $5m on exploration expenditure is not on PPE. It is expenditure on sub contractors. You wanted to appear 'clever' Happy, but failed to understand 'intangible', and failed to understand it was sub contractor expenditure, and failed to understand it is not in good faith to monetise this expenditure. Happy, give Westie a clue what all this means, that is of course, if you understand it. Look up RR1971.
Mat. Look up 'Google Earth'.
Happy surfer.
An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory. Also, intangibles decreased by $5K not increased.
Under the heading of Purchases. Property, Plant and Equipment '22 shows a nil value, zero, zilch. Suggest you look at Google Earth and find the site. Looks like all desert with little there. Wonder why the QnA is not happening.
In the Financial Statement, there is an interesting item under Property, Plant and Equipment. '21 this item was $41K, '22 the figure is $44K . It seems to contradict the BOD statement of all 'the work' that is being done on site, and engineering advancements. Now, there is probably some depreciation in '21 figures, so the actual increase maybe a little in excess of £3K, but even so, it suggests all this work on site is being done with shovels and picks, and rather than using buggies for transport around the site, they are using bicycles. Exciting times ahead.
Miney is doing all he can to consolidate his position as Herd leader. Below is a from his earlir post,
'Looks like an update to me, with construction still starting this year, and days away from the permit getting awarded, with the Moroccan authorities giving positive help in getting it over the line.'
'days away from EISA awarded. lol I think he's been on the Hubble Bubble containing hallucinogens. Inserting fake statements into the RNS, and does get 3 tick ups from other herd members, who obviously too lazy to read RNS, but trust Miney .lol. Unbeleivabubble.
It was the usual huff and puff from the BOD, who hope to get construction started this year. This year. Talk about missed targets. Hands up those who thought the mine would be in production now. No mention of the QnA session, wonder why that is. C'mon miney, let us hear your interpretation of that.
Mat. I'm amazed, you are not effusing over this RNS and see it as a bit 'wishy washy'. Hope for you yet Mat. It's almost a compliment Mat, now see if you can reply without your usual profanity.
I am not a fan of research notes. The information supplied generally comes straight from the 'researched' company. The difference being the company will not set a sp target. The forecast of .14p EBITDA giving a P/E of 7.7 is in line with company guidance. If these figures are produced in FY results, I expect, and would hope, for a significant rise in sp. Go React.
I found the articles misleading and biased. They talk of electricity from renewable sources. How much electricity in the World comes from renewable? Very, very little. Of course, this will get better with time.The major disadvantage at the moment with FCEV is cost. In a car, it is a significant proportion, and out of the reach of the majority of car users. The more expensive marques have FCEV since the cost of the FC is proportionally less. The major advantage of FC in cars is distance. The FC wins hands down. However, when we get to LCV, HGV, trains, boats, ships, even aircraft, the FC again wins hands down. The article again states H2 from renewable sources. At moment the vast majority of H2 is from fossil fuel. Splitting water is the most effective method of H2 production, with a vast raw material source, including sea water. Electrolysis plants under construction now, and those already in use, have their own associated 'green' electricity, either wind, or solar. Spain has recently discovered a vast underground H2 reservoir, but would have a C footprint in construction ( as do wind and solar), and an ongoing footprint in recovery. What is not debatable, is the urgent need to stop dependence on FF, for 3 reasons. Global warming, clean air to breath, and finally, to stop the World being held economically hostage by a few cartel member countries, particularly Arab countries.
Lord Bamford had a scathing attack on the PM recently on the Govts indifference to H2 in the economy. I read the article on Google News, shouldn't be too hard to find.
For those who take offence at my expression 'not debatable', they will say, 'the Jury is still out' on climate change causes. I only have one question, 'what if you are wrong'. The answer to that is large tracts of or Planet becoming uninhabitable. A big price to pay for a mistake. If GW is not a greenhouse gas event, it is still a win situation. Our air is clean to breath, with no particulate carcinogens, and breathing problems decimated, and OPEC's influence is diminished to the point of being irrelevant.
Ah, Swaz, you mean they are discussing H2 with H2 Oz, with no firm commitment on either side, and may lead to something. Very, very xciting. I shall buy more when a deal is struck as long as it does not involve Peel, SPV, getting someone else to build the plant. I know about those kind of deals, ask me.
Swaz. I do not troll you. It is you that osts much too often with your nonsensical charts for an AIM company. RNS drives sp on AIM. Go and post on FTSE 100 cos. where they have some use.
I must have missed news from Oz, please enlighten.
Mining Invest. Inti zub.
So you think my posts on here get a few people to sell, and that will drive the sp down. lol. Grow up. In any case, you are obviously jealous of my sell. But when the price falls, and you are confident the mine will open, it's a wonderful opportunity to buy 'cheap' shares. Or do you have a master plan, lol.
Westie. I was waiting for your apology first. Min Inv statd '9am to 3pm are typical office hours in Rabat, but often, it is 8am to 4pm. Office hours do not change during Ramadan.'. It's a nonsensical statement. Because English is not his first language ( unless he doesn't like Morocco and lived all his life in UK, and he doesn't understand contradictory statements. Also Zub, my sale of 75% was not a boast, it's a fact. Unlike you, I put my money where my mouth is, you should stick to Islamic values.
Good of some of you having a great dislike of me. ooh, I'm so hurt. Here's something to chew on, the dislike is centred on me showing you up for what you are, and it's not Rocket Scientists, and you don't like it, so you have a go at every opportunity. Eg. Cyberhub made a childish comment, my reply shut him up, and he doesn't like it. My forecast are light years ahead of any of you Herd lot, including Mat and his imaginary friend ( get help Mat). Westie did not like my post about Ramadan last year, when he didn't 'call out' audible over Ramadan hours. Having a memory is a must in share dealing. Finally, Mat ( and his friend), Check your posts and you will find out it is you that is the first to use childish, foul language, I only respond to that. Eg. your 'bell end post' .
Someone has deleted my post from yesterday, in which I said you were way out of order pumping this stock on several other boards shortly before sp tanked with placing.
Also VH identified a significant problem with EQT business model. It is becoming solely a biomass feed stock company. As VH stated, there are amny cos. in this game, all less expensive than EQT's technology, and with CO2 .cleaning. advancing all the time, the cost gap will widen. The 'game changer' is gasification of waste, non recyclable plastic, which unfortunately, it appears EQT's technology falls short. PHE I believe has similar problems.
Edfinvest. I thought it was a decent analogy. Could you attempt to explain it to Mat., since i typed it fairly quickly. Thax in advance.
The subject was 'control' of EISA approval. In the analogy, the lendee has control, since he has to supply all the information as requested. Ih he does this, and the bank asks for more, he has to question the lendor why rukes have changed. He will be told and can either comply or not. In the latter case the money may not be offered. Similarly with EML. some posters have suggested that EML has done 'all it can' to advance the approval. I can only suggest that if the alternative/s offered to dam water have all been rejected, Morocco does not want EML as mine builder or operator.. You have suggest that since the submission of 'recycled' water, there is lots of 'rubber stamping' to be done. In my professional life, whenever I came across a problem of something needing 'rubber stamping', I would find out who was responsible for this and gently get them moving in the right direction. This can easily be done without resorting to violence or obstructive language, since hopefully, I would be dealing with intelligent people.
You see Mat, discourse can take place without the need of 'bell end' childish comments. Suggest you try it.
One final comment of who controls EISA approval. An analogy. You apply for a mortgage with a bank. The bank will offer the money only if you satisfactorily prove to the bank you have the means to repay and that your property has sufficient collateral to cover the debt. The bank issues funds, but you are in control of meeting all the necessary requirement the bank puts forward, ie you are in control of getting the funds. If you do nothing, you will not get the funds. It could not be more simple. I realise some of you will not understand this analogy, so keep it to yourself, and don't bore me with a reply. Thanx in advance.
Edinvest and westie. After googling it, it shows office hours to be 9am - 3pm. I'm not sure if these hours are 'normal'. I would have thought a 3pm finish a little early in non Ramadan months. I lived and worked in KSA for 6 years, and during the Holy month, no offices, shops were open during daylight hours. Of course, construction work still continued, and most companies had sufficient non- Muslim employees to fulfill workloads. Interestingly, audible energy posted at the start of Ramadan last year , that no progress would be made by EML since all offices closed down. I replied saying that offices would open after Sunset for 4, 5 hours. I know westie was posting at this time, and I think Edf was, but neither of you replied to Audible's post!. Interesting. It says a lot about you two.
BTW westie, you now appear to understand my post, so what about an apology from you?
If you are still here cyberhub, I'm still waiting to know what you did last weekend. Or are you too embarrassed to tell me after your childish remark.?
Edinvest. Are you serious. You are satisfied with progress.! You have replaced Mat as the chief of The Herd.
Ramadan started t'other day. No offices open during daylight hours. Govt offices, and others will probably open for a few hours after Sunset, so some work will be carried out, but it looks a nailed on excuse for the Board for no EISA for another 28 days.