Berkeley Energia Share Discussion Threads

[rhuvaal2] 30/6/2017 14:40

Thank you rougepierre ~ our readers need to know such things :)

[rougepierre] 30/6/2017 11:26

How can this company have a MCap of LESS THAN projected average annual Pre Tax profit....?

Especially with guaranteed sales pouched already...?

Just doubled my holding again...

"During the half year, the Company signed a binding off-take agreement with Interalloys Trading Limited for the sale of the first uranium production from the Salamanca mine.

The parties converted the previously announced Letter of Intent into a binding agreement that included a doubling of annual contracted volumes to a total of two million pounds over a five-year period. Potential exists to increase annual volumes further as well as extend the contract to a total of three million pounds.

A combination of fixed and market related pricing will apply in order to secure positive margins in the early years of production whilst ensuring the Company retains the ability to achieve potentially higher prices in the future.

An average fixed price of US$43.78 per pound of contracted and optional volumes was agreed between the parties. This compares with a prevailing spot price, of approximately US$18 per pound at that time."

[rhuvaal2] 28/6/2017 14:21

Thank you GoodGrief for that clip.... I am not deaf but why was the interview conducted in whispers ? I got a portion of the gist yet would much appreciate anyone outlining what the guy was saying = in clear plain words. Thanks in anticipation.

[liambilson] 26/6/2017 08:33

5% rise on ASX

[liambilson] 24/6/2017 18:39

Yawnnnn - PJ is right. And believe me, I have a lot of these. I am getting fed up of the same words being rolled out time and time again whilst the share price collspses. He never mentions this in his interviews. It is just the same thing over and over again. He looks haggard to me. He has been talking about offtake agreements for months. Get on with it ffs.

[goodgrief] 24/6/2017 14:19

3 Catalysts That Could Spark a Uranium Price Rebound

[herlat1] 24/6/2017 13:35

What visit was that PJ. Didnt Fatboy just go to site?

[pj 1] 23/6/2017 21:04

hmmmmm
He has clearly said at Sharsoc that concrete was being poured.(months ago) Now it seems its ''as soon as those guys are on site we'll pour concrete''

Maybe not a major problem.........but explains why my visit hasn't happened, nor are communications coming back.

[goodgrief] 22/6/2017 16:14

So another off take agreement within weeks and a strategic partner within months.

Wish that ProactiveInvestors would get a proper haircut... looks like the only child of a car salesman and a porn star.

[piedro] 22/6/2017 16:13

Berkeley asegura que la explotación “no tiene impacto sobre la población”
Berkeley Minera desea responder a las solicitudes de información enviadas ayer a las Cortes de Castilla y León por IU-Equo.
22 junio, 2017

[bookwormrobert] 22/6/2017 15:09

New Paul Atherley interview

[herlat1] 22/6/2017 14:54

Really Charles? Or maybe head up to 90 pence on newsflow?

[charles clore] 22/6/2017 13:52

H&S formed, now is anyone worried that it might drop back to 20p?

[herlat1] 22/6/2017 12:55

Thanks LangoEl Pais article very positive. https://cincodias.elpais.com/cincodias/2017/06/12/companias/1497293649_242622.html

[langostino] 22/6/2017 11:15

hxxp://www.finanzas.com/noticias/empresas/20170621/pide-nuevo-informe-sobre-3642730.html

[liambilson] 22/6/2017 10:58

I take your point Bookworm. However, the Uranium market has been in the same position for a while. BKY's position strengthened despite this on the back of a number of positive iyems of newsflow. Although everything on the surface appears to be going to plan, those share rises have dissipated.

[bookwormrobert] 22/6/2017 10:25

Essentially, BKY's share price currently reflects the dire state of the entire uranium market, which is in a state of supply side destruction (e.g. major producer Paladin are all but bust). There is nothing wrong with BKY itself. If you believe (as I do) the uranium commodity cycle will turn (and there are powerful and persuasive arguments that it eventually must) then BKY is currently very cheap. What I don't know is exactly when the uranium cycle will begin to turn - tomorrow, in 3 months time, or in a year or two, they're all possible. IMO, that's the biggest risk we're all taking by investing in BKY, which in itself is an excellent, well-run company with a big and cheap-to-extract resource (Zona 7).

[liambilson] 22/6/2017 10:11

Despite this the share price has decreased 40%

[marvelman] 22/6/2017 10:06

Many thanks GoodGrief...interesting the holding by major investors.

[goodgrief] 22/6/2017 09:50

SHARES MAG Investor Eveninghttps://www.berkeleyenergia.com/investor-relations/company-presentation/

[goodgrief] 21/6/2017 11:43

Worth watching...

A New Bull Market is Dawning, with Mike Alkin

[goodgrief] 16/6/2017 10:04

July/August timeframe was mentioned. Here's hoping...

marvelman15 Jun '17 - 17:42 - 1711 of 1711 0 1

I got a great deal of confidence flowing from that interview and liked the word advanced when refering to finance.

[marvelman] 15/6/2017 17:42

Thanks fatboy...thought it looked rather wierd..I wouldn't go near the stuff myself.

No problem herlat. I got a great deal of confidence flowing from that interview and liked the word advanced when refering to finance. Clearly we still have a way to go but I am feeling now that just patience is needed but that it will be rewarded. I do feel there is some pressure on the share price at the moment as you can buy at 45.18 just over the bid but once the finance puts a floor on the project (hopefuly in the next few months per the MD) then we will build the share price from there through to production. In the meantime I would not be surprised to see this taken out at a very good premium to this share price

[plasybryn] 15/6/2017 17:39

That was me. Visited mine with my wife on 4th April this year. Made a detour via Salamanca on trip back to Santander in our Motorhome.
They probably aren't really geared up to site visits yet and I'm sure it will be more informative once they start to assemble the plant etc particularly during 2018.
But all the same, we were very encouraged by what we learnt & along with a few fellow investors we will be increasing our stake over coming months & then holding for full production etc.
For me this stock ticks all the boxes in my investment criteria.

[herlat1] 15/6/2017 17:16

Many thanks Marvelman. Watched the video and it appears to confirm Fatboy's comment that the crusher is in Madrid. Also it does sound encouraging on the financing front. I seem to recall another poster who visited site recently - who was holidaying in Spain? Perhaps like Fatboy they are visitors going there under their own steam rather than as part of an official site visit?Has anyone asked the Company? Wouldnt mind a free trip to Spain if there was one being offered though!