Member Info for troutisout

Well there was always going to be conditions to it, that is par for the course. The deposit may be more than thought but there was always going to be a deposit and that money would need to be found.
However the PEPR has been conditionally granted and so one barrier has gone, just the financing barrier to go.

Apart from the fact the clinics are busy and any contracts signed now are likely to be for 2022.

You turned in to ramper mode now DVH?

Was that SML I saw on the BBC news this morning? Oh no, yet again the PR coming from Cornish Metals and Cornish Lithium

DVH Our Chairman and CEO are in Australia, how are they going to get here and then get back in Aus??

Dotcom, not sure your reading it correct, $3.2mAUS,
"Accordingly, the Board believes that the project, subject to raising finance of circa $2.2m (AUD $3.2m), should be operational and producing revenue in 2021."
It does look like a leftover from a previous RNS, they do have a habit of cut and paste, however it could still be correct, in that they need $2.2m to start the production at LC, the $10m AUS is to allow for exploration as well.

Has no one noticed???

Lupi have you sold out?

The graph he showed looked like it was knocked up by him over breakfast the $ amounts on right weren't in order....
As for LCCM having a "gesticulation period" I would gesticulate lots to JP if I saw him.....

How do you know Geoffrey Dart won't call in his loan once the CLN has been voted through. He isn't going to convert at 0.65p when the price is lower. What about Sanderson £500k with another to follow, yet the Company have gone to a death spiral CLN for the further finance, will Sanderson ever see 0.71p to convert??? They must be very ****ed off with this....

Earache, where did CF say the spin offs would be 10-20% of the ORPH MCAP?
I think that one statement wasn't clear and has been misunderstood by many PIs
As for a valuation, they can only value it and RNS that when they have done the fundraising. It's incredible how people want that figure, which is impossible to give and at the same time moan about missed timescales.

Prop we had the Q1 results back in April...Your not the first poster to state that Q2 figures are due now...Seems everyone's confused each other.

Don't the quarterly updates come out half way through the month after they finish? It seems some are getting so excited for news they have forgotten how it works, they can only update the Q2 when it has finished, Q2 is to the end of June 2021

Bitcoin,
What is "Champayne"?
Is it one of the Wombles?

Do you mean the £200m (then stated as £330m) they had available to develop assets in 2018 and 2019? Only if this is still there then why do Arlington keep having to sell assets to pay off the small loans it has?

That is the debt for future pipeline, the reason they have had to go to CLN is because HSKB cannot raise debt for other half of the initial project until they have some cash on the books, The JV allows them to cash in on DKE shareholders using the CLN, that cash is put down in JV and then HSKB will get funded the remaining money. For refinancing in the future and for any further projects in pipeline, they will need to have the projects built and offtakes going before anyone will use those assets to raise funds against.
They have always had specialist lenders they are going to, they said before AGM they had £100m's of long dated income investors ready to fund projects and then they came up with the CLN, talk and reality are different things. They will not get any decent debt for future projects until these are built and offtakes going, as I said well into next Spring. In the meantime they could use the other £3.5m of CLN, but what would be left for current shareholders after converting all of that?

cannyladdy,
It may be the cheapest for them as they don't hold many shares...
The point about battery storage is a little too simple, batteries are now much cheaper and have advantages in as much as they are able to take excess generation from good times and replace that back in the grid during the demand times, they are likely to be used far more, whereas gas peakers will be used less and also still are burning carbon to create energy, something the Govt's plans are to stop.
The simple thing with a battery not being able to supply energy for more than an hour (some can do far longer and surely it depends on the amount of energy needed?) is to have another bank of batteries to supply the second hour, remember the energy stored has been generated by excess energy from green means, gas peaking plants will have to generate the energy each time they are switched on using carbon fuels.
The cheap debt they will look to source will need to be put against built and working assets, they will take 9 months according to PG and a month for the EGM to get through the CLN vote beforehand, if they want to start any other projects before that, then they will use the last £3.5m of the ABO CLN.

I am not sure CF was trying to say what people have thought he was? Lots in this share over-think things, especially those which we cannot know.
Poolbeg are going to be doing roadshows to get new investors on board, the number of investors and the amount and price they are willing to invest is still unknown, so the dilution to ORPH shareholders will be unknown. So to say the value of our Poolbeg shares equals a percentage of ORPH is premature, until there is an IPO and we know what else is part of the Company's valuation (cash raised and at what price/dilution) how can we know the value of our share?

Bronxville,
You seem to have listened to the presentation, but not very well.
The RNS is not about Poolbeg
ORPH have clients interested in DiM contracts, but do not want to sign contracts with DiM clients before it is spun out as the client needs to sign with the legal entity that will be the spin off.
The drop in price was due to the results. He feels that the non core assets are not even valued in the ORPH price at the moment.

Build costs are much cheaper per MW depending on project size, DKE's JV projects haven't got contracts to offtake the power yet, shovel ready means those contracts are in place, we don't even know if DKE's JV has planning on the projects yet and still need to be constructed.
As for financial instruments, it's all in the wording, DKE recently announced a £1m CLN with Sanderson and called it interest free, however with a £70k introduction fee and another 2% in fees for each drawdown, one could equate all that to 9% interest. With today's CLN they state interest free again, there is a 3% 'commitment fee' and of course the price they can convert depends on how low they can get the SP down and then there is the warrants as well. So not really comparing apples with pears and obfuscation in RNSs leads people to misunderstand the ramifications. A loan bearing 8% interest can be refinanced and paid off when project complete, A CLN based on lowest VWAP will be converted before that point and current holders diluted into oblivion. DKE was meant to have long term income investors lined up to bankroll the construction of these projects where are they?