Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Laura2022, do you know Riddler? You should be introduced as you appear to share the same corporate values. Since when has low cash burn automatically meant good for annual results? Low cash burn for established companies is good but for developing organisations it shows a leak of investment and therefore progress I’m my opinion.
Let’s not forget that a £6m valuation is multiples of the balance sheet value for a company that could probably hold its staff meetings in a telephone kiosk….. In reality there isn’t really anything to support a valuation of that amount - the company has never posted a profit, if it wasn’t for fundraising it would be under the water by now.
I’ve been invested and followed for 15 years and nothing has changed - every day week, month and year the same old rhetoric on here.
I was approached in respect of seed funding for ALK about a year ago. At the time I wasn’t able to do that within an ISA so I waited until the company was launched on London Stock Exchange. I’ve been following rare earths for some time and whilst I’m no expert it’s clear that the UK government want to take control of these critical green energy minerals into their own hands
This was a question from the House of Commons last week…
“To ask the President of COP26, what comparative impact assessment he has made of the use of imported critical minerals and domestically-sourced minerals on delivering COP26 commitments.”
Answer
“2 March 2022
The Government’s critical mineral strategy, to be published this year, will focus on a resilient, long term supply chain for critical minerals, addressing both domestic and international opportunities. The Government is also establishing a Critical Minerals Intelligence Centre to provide robust, dynamic analysis on stocks and flows”
Rare Groove, I don’t think it’s pump and dump -Who is pumping and it’s very small volumes - just a few investors getting in early.
3 reasons for thinking this is a compelling investment
1). Under the radar currently at mkt cap of about £8m
2) Possibility that JLR are going to build a battery production facility on Teeside
3) Tees Valley Lithium (100% subsidiary) has released this presentation. The interesting claims are “ultra low” CAPEX and the Net Profit after Tax (NPAT) forecasts both of which would make a mockery of the current valuation.
Do your own research but compelling is the right word.
https://teesvalleylithium.co.uk/wp-content/uploads/2022/03/TVL-London-16.03.2022.pdf
https://www.thenorthernecho.co.uk/news/20021300.teesside-shortlist-vast-jaguar-land-rover-battery-plant/?fbclid=IwAR2ulr9RD42Ab6UC8B1p4p4Tvqx3L5OE2yvYhKSy1FBHgWUTOH1bosalexA
Trurotrader & Riddler, if there is a strong pipeline why have daily share trades reduced to a trickle and the SP is now about 60% of what is was a few weeks ago?
The fact is that this company continues to makes losses, income (from all the pipeline) is insufficient to cover costs and it’s a very small fish in a very big pond …….
Trumped On, as it stands this is already a bad investment for anyone, not just Share4 ….. If you believe Riddler he must be haemorrhaging at these prices — and let’s not forget even at these prices they are well overvalued compared to the modest balance sheet ….
Can assume from your abusive answer Baserite that you don’t know where the fundamentals demonstrate massive undervaluation? Your post is misleading at best…. I was just giving the chance to show other posters that you understand how fundamentals link to valuation.
This isn’t a lovely update, you need to reread the RNS which is effectively saying that the existing relationship offers little commercial benefit (certainly no significant benefit). They are looking at other opportunities but that will be the same for thousands of other Pharma projects. Don’t get carried away with the rhetoric on thIs board.