Alkemy Capital Investments Share Discussion Threads

[sipptrader88] 04/4/2023 11:51

The guts of my LSE post........Nothing has changed since I said yesterday that I'd be hanging on in here with my stake!

Sometimes it would be better to take 20% loss, 50% loss, rather than risk the 100% loss. I have many times lost 100% of my stake and other times watched my stake almost vanish (like GGP, IEC,GKP) before rewarding me handsomely. Thank goodness I don't do "leveraged" bets or dear knows where we could end up...lol

I maybe have around 30 shares in my portfolio at any one time....at present equities represents about 20% of my net worth and balanced out by 80% in Physical Investments, Collectibles, Cash, and Property.
Therefore ALK (although being my eight largest equity share investment) .....represents less than 1% of my net worth....and whilst it would be irritating if it were to go to zero.....it would be insignificant in the wider picture.

So whilst I see more likliehood of 100% or more gain potential rather than total loss....I'll keep my investment here!
All of my research has lead me to this point...admittedly recent events and comments will make me less likely to increase my investment unless and until I see positive and firm progression to inspire the confidence to press the buy button to top up!
GLA

[sipptrader88] 04/4/2023 07:47

SP UP TOO FAST......
......and news on financing.....too slow (for many who have capitulated...in part at least).

My overall average is just under 185p.....so on paper it's just an irritation (at present and hopefully short lived).

But boy did it rise every day and very quickly when the demand was ahead of the supply.....so with the right news we'll be up there like a flash...and more besides!

I guess these shares are being mopped up...albeit at a discount and the new holders reducing their averages for the main event!
GLA.

[jimduggen] 01/4/2023 17:13

Well my opinion changed and it was proven right yesterday.
It dropped

[apfindley] 31/3/2023 16:25

Why should anyone take you seriously jim?On 8th Feb you jimduggan said:."Lots and lots of confidence.Ignore the derampers on here who know no proper research about this company.".Today you're sounding butthurt, maybe you were victim to pensana and thought you'd bash Alkemy.

[mwj1959] 31/3/2023 12:58

ALK is guilty by association with Atherley. Why trust him here to deliver on funding etc. if it looks like he is going to fail at PRE. And not surprised to see sellers here on that basis, many of whom will still be in profit, which is certainly not the case for PRE.

[euclid5] 31/3/2023 10:48

(LSE:PRE) shares plunged 30% to 39.15p after the rare earths exploration and processing company published interim results that revealed a pressing need for more funding, with a current cash balance of US$0.2mln of cash and US$9.1m of outstanding creditors.

The group, which raised US$4mln from M&G PLC (LSE:MNG)’s investment arm in January, said it needs to secure more funding to settle its outstanding obligations in the immediate term and is dependent upon the continuing cooperation and forbearance of its suppliers until such funding is secured.

[jimduggen] 31/3/2023 09:26

Placing coming imo look at the drop on nothing this past week

[jimduggen] 28/3/2023 21:16

IMO a placing is coming

[aimmafia] 28/3/2023 16:13

Jim I've never seen you on this board before are you're simply pulling numbers out of the air.

[jimduggen] 28/3/2023 13:59

It’s too risky. Funding will be harder to find in the current climate.
I’d buy at 1.30 but not 1.90

[mwj1959] 28/3/2023 11:52

Lack of news flow on financing clearly weighing. I'm not sure how convinced people are with the purchaser of BV either. Given all this, despite the tiny mkt cap and upside potential, the stock probably got a way ahead of itself at £3 in the near term. I just wish I'd sold more at that level!

[jimduggen] 28/3/2023 09:15

This will drop a lot further I’m thinking.
Markets are very turbulent

[shortcpx] 21/3/2023 12:20

Bad market generally. Lithium stocks seem to be in a correction. ALL drop was wild and still hasn't fully recovered.

[bountyhunter] 20/3/2023 14:17

Why the drop today? General market weakness due to CS/UBS?

[shortcpx] 20/3/2023 14:06

Stink bids at £1.5. parabola broken. Chance to reload.

[mwj1959] 14/3/2023 08:57

Let's hope the government pays attention to the CMA report...

The Critical Minerals Association United Kingdom ("CMA UK") is a key interlocutor between the UK Government and the critical minerals industry and aims to support the development of critical minerals supply chains in the UK

-- TVL's lithium refinery in Teesside has been identified by the CMA UK as a case study project that will form a key strategic component of the UK's critical minerals midstream processing and refining sector

-- CMA UK recommends that the UK government implement strategic solutions that include incentivising and accelerating investment into UK midstream and downstream processing, which would greatly benefit TVL

CMA UK states that its mission is to support the development of socially and environmentally responsible critical mineral supply chains for the UK's strategic security of supply for the Energy Transition, Energy Security, and Green Economy.

In a paper pulished yesterday entitled "Midstream Processing and Refining: Unlocking Security of Supply", TVL's Wilton refinery was highlighted by CMA UK as a project of strategic importance in the UK critical minerals midstream processing and refining sector. It noted that:

"TVL is establishing Europe's potentially first and largest lithium hydroxide facility based in the North East of England. The facility will eventually use a low-carbon electrochemical processing route and will be powered by renewable energy.

TVL has the potential to become one of the lowest carbon lithium refining projects in the world.

Alkemy aims to reduce embedded carbon in the lithium refining process by producing lithium sulphate at the Port Hedland merchant refinery in Western Australia which will serve as a hub for Australian spodumene miners, enabling direct access to the growing European battery market. The refinery will aim to become the primary source of feedstock for the TVL refinery in the UK and enable the production of low-carbon, battery-grade lithium hydroxide."

CMA UK's paper also recommended that the UK government implement five key strategic solutions to secure the UK's stable and resilient green economy, all of which would benefit TVL, as follows:

-- Incentivise and accelerate investment into UK midstream and downstream processing.
-- Align government departments on the importance of critical minerals.
-- Leverage UK freeports to promote international business.
-- Extend the UK's soft power by supporting UK critical mineral companies operating overseas.
-- Invest in the next generation of critical mineral leaders.
A full copy of the paper can be found here on the CMA UK's website:

www.criticalmineral.org/_files/ugd/5caeff_58f8a2c396e241219aa4b108e6c705db.pdf

Alkemy and TVL Director Sam Quinn commented:

"We welcome the Critical Minerals Association's latest paper and its conclusions strongly support Tees Valley Lithium's strategy that will see its lithium hydroxide project form a significant component of the UK's transition to electric vehicles. We look forward to continuing to work with the UK government to help deliver the worthy objectives outlined by the CMA ."

[bountyhunter] 04/3/2023 21:44

Yes that's about right, and this was 4 months ago:

In August 2022 we completed a successful private placing raising £1.2 million. The placing was oversubscribed and supported by existing and new investors as well as by the directors.

We are also advancing discussions with financiers for the funding of its LSM and LHM processing facilities and have received significant inbound interest including from private equity, structured bond providers and institutions.

As we intend to primarily finance and operate the LSM and LHM facilities via our operating subsidiary TVL, it is anticipated that there will be no significant dilution to Alkemy's shareholders as part of the proposed financing process.

[sipptrader88] 04/3/2023 14:15

Think that statement ref. funding was 6 months ago.....TVL in it's own right will have the financing package and ALK will not be issuing further shares (initially) at this point in time.....therefore assuming we own e.g. 5% of TVL then if TVL is worth £340m....our market cap is still £17m as of today.

This is only the "concept" of how it might look. The 5%, £340m etc. are all variable...but you can bet we will be looking to get a small premium increase to our market cap through negotiation!

[mwj1959] 03/3/2023 09:01

"considering" implies they are not very far down the process (although not sure how old that statement is) and I struggle to see how ALK shareholders won't be diluted by any equity funding via TVL. ALK can't own 100% of TVL once there are equity investors in TVL.

[bountyhunter] 02/3/2023 18:27

"Alkemy is also 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."

[bountyhunter] 01/3/2023 07:19

From today's RNS

Further to TVL's announcement on 7 February 2023 confirming that TVL had entered into an MOU with Recharge to supply lithium hydroxide, it is noted as reported in the national press that Recharge has now successfully completed the acquisition of Britishvolt, a GBP3.8 billion Gigafactory planned to be built in Blyth in Northumberland.

Under plans presented by Recharge, the Britishvolt project will be the UK's first Gigafactory, creating a strategic economic and security asset which will play a critical role in the UK's industrial and net zero strategies. Britishvolt will provide thousands of green, skilled and local jobs that will drive local and national benefits.

Under its MOU with Recharge, TVL has agreed to supply tolled lithium hydroxide to Britishvolt from its facility in Teesside. Both companies will continue good-faith negotiations, with the aim of concluding a definitive offtake and supply agreement.

In addition, both TVL and Recharge have agreed to work together to jointly source lithium spodumene to be used in TVL's refinery in Port Hedland, Western Australia for conversion to lithium suphate to be shipped to Teesside, UK for conversion into lithium hydroxide.

Recharge is backed by New York based investment firm Scale Facilitation and is currently in the process of building a gigafactory at Avalon near Geelong, Australia and is also involved in battery technology research and development.

TVL's world-class zero waste lithium hydroxide refinery in Teesside, UK will form a significant component of the UK's transition to Electric Vehicles and is expected to produce enough lithium hydroxide to supply 100% of the forecasted automotive demand in the UK by 2030.

Recharge Founder David A. Collard commented:

" Following our successful acquisition of Britishvolt, we look forward to concluding our negotiations with TVL to deliver high quality battery grade Lithium Hydroxide into our supply chain. These negotiations are supported by the work already being done by Recharge to secure Spodumene supply as feed stock to TVL's Port Hedland Lithium Sulphate plant."

Alkemy and TVL Director Sam Quinn commented:

"We are delighted that Recharge Industries has now successfully concluded the purchase of Britishvolt, a project of significant national importance and one that is critical for establishing the UK's battery cell supply chain. We look forward to working with Recharge and Britishvolt on playing our part in transitioning the UK to a low-carbon and low-emissions future through the development of onshore UK facilities in the EV and battery cell supply chain."

[sipptrader88] 28/2/2023 23:08

for transparency I posted this on AAU,,,,,,,and share it here....doesn't affect my 5 year view!

"Paul.....The batteries going on fire, I believe are the lithium ion variety...which so far are the only commercially viable option to power EVs,,,,but there are plenty more varieties in the offing.....so lithium is finally under a bit of "transient?" pressure.

At the end of the day Oil, Coal, Gas in that priority order make up 80% or more of our energy source followed by hydropower, nuclear and solar/wind/biofuels (to threaten our food supply) and a few % for all the rest.

It is crazy to assume that OIL/COAL/GAS can be replaced by 2050 or before .....perhaps 2150 with H2O?
It just ain't going to happen...nor will the transition to EVs.....the infrastructure is not there....there will be hybrids for them as can afford them and have the freedom to travel.....the rest may use public transport to travel within their 15mile range zone allowance. EVs will not be affordable in the recession....will not be needed...and will die a death.....stored energy will be needed and desired but without EVs the lithium market will collapse/rerate!.....IMO

Still who knows....and trends take time to die....so Out of 30+ shareholdings ALL(lithium) is my no. 2 highest investment, ALK(lithium) no.7 and copper, gold, gas and oil are frequent holdings in my overall portfolio of investments and property. collectibles and dry powder on top!
GLA "

[mwj1959] 28/2/2023 10:08

Latest press release...

TEES VALLEY LITHIUM WITH AUSTRALIAN PRIME MINISTER ANTHONY ALBANESE AFTER HE ANNOUNCES FEDERAL INVESTMENT IN EXPANDING PORT CAPACITY AT PORT HEDLAND
Last week Tees Valley Lithium International CEO Tony Veitch had the opportunity to meet Australian Prime Minister Anthony Albanese and members of the Australian Federal Cabinet in Port Hedland.

The Prime Minister, along with his Federal Cabinet colleagues, were in Port Hedland for an event with members of the Pilbara community. TVL received an invitation from the Prime Minister to join him at this community event on Tuesday 21st February.

The PM was joined by members of the Australian Federal Cabinet, including the Treasurer, Infrastructure Minister, Attorney General and Minister for Employment.

The PM and the Western Australian Premier started the day with a press conference announcing a $660 million investment to expand the export and import capacity at the Port of Port Hedland. This involves the expansion of Lumsden Point in the Port of Port Hedland to deliver new multi-user facilities and berths increasing the capacity to export battery metals such as lithium and copper concentrates, as well as import renewable energy infrastructure including wind turbines and blades.

Tony also met with local community officials to discuss TVL’s plans to build a new lithium sulphate refinery at Port Hedland.

Earlier this year, TVL announced the company had been allocated land to build a Lithium Sulphate (LSM) refinery at Boodarie at Port Hedland, Western Australia.

TVL has been allocated land along with BP, POSCO, Fortescue Metals and Alinta Energy with the aim of making Boodarie part of a A$70 billion globally competitive Pilbara green industrial precinct.

TVL’s Port Hedland LSM refinery will offer Australian spodumene producers a significant mid-stream processing option with direct access to the premium European battery market.

[mwj1959] 28/2/2023 09:17

Not sure that increases my confidence in their ability to raise sufficient capital/deliver.