focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Sorry got to jump in here
It says up to 10m and up to 50m revenue
And note the range of production possibilities (20,000 to 100,000)
So to me that’s saying 200k to 10m revenue and 10m and 50m revenue
And then for company valuation we go for a P/E ratio guess
But you know the numbers still look great
Key question is projected profits
Doesn’t sound like any info about
What’s a typical margin ? And a typical PE
With this can start protecting a rough valuation I suppose
It does point to a high valuation anyway tbh even on lower end of scale if read the numbers correctly
Thanks for the help guys - I’m in now... in a reasonably biggish way.
Already had a bit from the speculative punt during the spike which was the only way I’d have discovered this
And now have averaged down a bit.
I hope this comes good
Generally, I note the 0.40p quote from the broker note but qualified saying it would go up significantly with derisking (ie permits and testing and contracts). Also I note the revenues from the presentation which look pretty bullish. Even with initial production it’ll look good.
When do you think first revenues will happen?
Thanks to all- most people aren’t so sharing but you guys are all decent folk.
It’s really hard trying to make money on aim so i could really do with a hand. Bit of a brutal market these last few years!
Also I am curious if anyone can point me to some figures... trying to research but struggling a bit.
What do we believe for production revenues and profits and overall mcap in future .
Considering a top up
It’s interesting because there are some people saying permit due any day but it sounds as though it’s not really possible (if allowing for 30 day consultation)
So in summary we’re actually at least a month off permitting completion if you allow for public comments... so would be reasonable to suggest q2 now
Any thoughts on where this should get to in terms of value - what’s the annual revenue and profit expected?
Interesting... and do you see it that the price will move actually when the permit is aired for approval rather than when the public consultation is over.
I suppose in terms of timing entry, is there a case to wait until the 4weeks have been kicked off? Or is that you should try to be in before then
Thanks for that view... does anyone know anything about the permitting process itself? As in typically given where we are how long should it take.
And why do you believe 6-7weeks, as opposed to say tomorrow, or longer. And btw totally appreciate no one actually knows and if it’s simply a guess I respect that. Just wanted to know if you have any reason for saying 6-7 weeks
Also what’s your view on where this would actually go by permit day and first production?
Can anyone tell me when the permit is expected (someone seemed to say q1 but was this based on company statements? Or some kind of logic (Eg allow for 30 day consultation and review and sign off etc)
Essentially want to gather a view on if we’re talking Feb, March or q2
Thinking this stock is cheap if the numbers are what people say they are especially as production would be almost immediate (is that right?)
So I spotted this late today and chucked a bit in just in case before the closing bell
But it does feel to me that that’s all this was- I could be wrong
But you never know- if it is a leaky share then maybe the punt was worth it
It does seem that there wasn’t really a leak and just some hype off a sudden spike but am happy to be proven wrong!
What do you think this share is actually intrinsically worth once permits are in though? Is this going to go mental? Or is it worth just waiting for the permits before putting cash in
Anyone know what’s going on here?
What’s this share expected to be worth on permitting
Just noting the sudden scramble to buy shares... don’t know why at 4pm this all kicked off
Would you invest here even after this inflated price?
Or is it a crash back down tomorrow ?
Doesn’t seem to be anything explaining the rise tbh
Second referendum only route... may deal is dead I think, no deal is not an option
Depends on what corbyn does really...
I hope they just find a way through this deadlock soon. If too late basically have to take May deal or no deal and then they might go for May deal
May’s selfish plan is to run the clock down so people basically have to vote it in. It’s a rubbish deal achieving nothing ... might as well just remain in eu rather than go for her deal
History hopefully will hold these politicians to account for the mess they’ve made
That’s a ridiculous argument to suggest Britain will be fine. None of what you said gives me any comfort or explanation as to why Britain will be ok. The past has a completely different context.
Basically brexit voters are just making stuff up as they go and relying on optimism (unfounded optimism) and just stating it will be fine. All the evidence suggests brexit will be a total disaster . Aiming for “not the end of the world” is the type of language that suggests it’s not exactly going to be good.
It’s a total waste of resources and essentially the country has been hijacked by reckless self serving people (politicians and media and people like dyson) and they’ve conned brexiteers who will largely pay the price with lies and promises and fantasies about some kind of mythical rosey future.
It’s really sad to see what’s happening to the country. Don’t get why people trust people like boris Johnson, Rees mogg, the daily mail, the express... these are obviously people you are supposed to scrutinise and wonder why they are doing what they are doing.
What’s going on generally whether you voted remain or leave is a joke. None of the benefits promised from leave will materialise as we now know more and the whole process has been deliberately hidden. People hide stuff they know is bad. If brexit is such a good idea then why are they afraid of second referendum?
Not sure you can say any of the above is wrong- valid points here.
I don’t blame brexit voters. It was not something people are qualified to talk about as it’s such a complex issue. People should be furious with the political class (labour and tories) for making this mess, and failing to lead and just lining their career up at the expense of everyone else. They are the real enemy in this process.
I find it funny how people want to “take back control” only to find a shambolic government. And if we are so against pooling sovereignty to solve problems that extend beyond borders, then surely the uk should also break their union by the same logic? Obviously not... you do need to cooperate if you’re going to deal with problems such as climate change, taxing amazon and google properly, negotiating with giants like us on trade, protecting our food standards, keeping workers rights.
Just got to get on to mature discussions about the issue now rather than soundbites like the will of the people, and we survived World War Two . Just unbelievable how people are actually analysing the issue and not being objective.
I get how people voted for brexit at the time to some degree as yes there are problems. But surely over the last two years given how much more we now know- surely brexit voters have to concede they might be wrong and that really things are not going as planned or as they expected or were promised.
This isn’t about making people feel bad- we’re facing a national crisis and just can’t afford to not get to the issues at hand and get this decision wrong
Second referen
I called ii, and they told me just do nothing. The shares will be marked as zero value and kept in the account. When they relist if ever then they remain in the isa.
I understand lionsgold will one day relist - or am I mistaken
I understand from ii that don’t have to do anything
Shares being removed doesn’t mean isa allowance gone so long as they do at some point relist
I understand that’s the plan at some point
They said it remains in the isa but marked as zero value and if it ever relists then the money will return in the isa
If it doesn’t relist then that’s a different story
ok so say i put in 5K many years ago into lionsgold but in an ISA wrapper. so now the lionsgold is no longer eligible, but the value of the holding is now 10K so the 10K gets put in some other account let's say.... does that mean I now will have an extra 10K allowance in my ISA to use for other shares to offset the way lionsgold is effectively now transferred out of an ISA wrapper? or do i just lose my 10K of ISA allowance when the shares are moved.
I understand lionsgold no longer in an ISA, but would be unhappy if I have effectively been robbed of some ISA allowances
thanks for this - so i do i open a General Share account?
and how do you know it will relist? if it relists does it relist within the ISA wrapper then?
Just got a message from interactive investors saying will lose ISA status... what are you guys doing about this? Does this mean I have lost part of my general ISA wrapper allowance somehow because of the delisting?? What should I do? Would appreciate if someone could help.
Don’t know what to do
Are we all getting screwed basically? Or is this situation ok