good news on carbon black offtake agreement might push this higher, (and in the interview Nick clearly indicates he's going to the banks with offtake agreements for financing, which should significantly reduce the need for dilution). |
https://www.proactiveinvestors.co.uk/companies/news/1065378/ferro-alloy-resources-ceo-on-upcoming-feasility-study-and-black-carbon-substitute-potential-1065378.html |
I see you all later Nothing more to add here for now |
Do not be so gullible LeviJust another ramper who overpaid It is all hot air Is still has to be produced via pilot plant Long time before you see CBS produced in quantity for over takes , that if it is viable and happens at all Come back in 5 years |
From Robb B on the lse sharechat . All disclaimers but this is what he has just posted :' The carbon story has indeed progressed and is causing a lot of excitement within the company as well as the tyre world. This gives them exactly what they want/ need with a low Co2 alternative to standard carbon black. This is from a very prominent individual within FAR and they are extremely confident of getting a real off take agreement. Hopefully Openthebox in 6 months time your 22p is a thing of the past. ' |
From lse board : Everything looking like the futures bright. Off take signed for Vanadium with LLB of Austria. CBS confirmed and multiple companies very much interested in the product. Just don't get it sometimes. Yesterday a one million buy at 86k and today at this point 36k in buys to 28k sales and still the drop. For me everyone with a spare ...View Full Message |
From lse board : Everything looking like the futures bright. Off take signed for Vanadium with LLB of Austria. CBS confirmed and multiple companies very much interested in the product. Just don't get it sometimes. Yesterday a one million buy at 86k and today at this point 36k in buys to 28k sales and still the drop. For me everyone with a spare ...View Full Message |
From lse board : Everything looking like the futures bright. Off take signed for Vanadium with LLB of Austria. CBS confirmed and multiple companies very much interested in the product. Just don't get it sometimes. Yesterday a one million buy at 86k and today at this point 36k in buys to 28k sales and still the drop. For me everyone with a spare pound should be snapping this up. Can totally understand if it was purely based on Vanadium but with both products the company should do really well moving forward. Another sitting tight waiting for some more good news before the 2nd quarter feasibility study. |
I recon 15p by Feb. Imo wait for an imminent scorching update |
Last year , already missed it |
How soon is soon for your 12p forecast? |
Lots of buying building up |
Just stating facts Levi. I’m sure you’ve conducted your own thorough research. |
They raised the minimum they had to. Sir Mike is experienced. Perhaps you and jailbird think you could have run Xstrata and Billiton better than he did.Will eat my hat if these are not 12 p v v soon |
LeviYou are out of your depth hereYou should be prepared to lose the lot or make a big loss |
Yes there’s significant debts building up especially with current bonds issued at 13% interest.
The main thing here is the shareholder dilution, with further shares being issued. |
What CBS talk is there now ? |
If you ask me , all this CBS talk now , is to ramp it for cash call , especially now they know to finance vanadium project is not feasible How long can they keep build debt with no money to pay the interest , add it costs for R&D increase again But NB's track record we have right to be cynical |
JB, they have made many of the operational staff redundant and have just kept on a skeleton crew of highly skilled workers. I can’t see a fundraising happening until the end of the year. The plan was to have the BFS issued by Q2, with funding for the project settled and agreed 6 months after. I don’t see this happening though based on the company’s track record.
As mentioned FARs fate now lies with the CBS as the vanadium price is too low to go ahead with phase 1 build. If this fails then the stock will crash to 2p. |
TTYou are right They have to prove the plant can deliver the right quality of CBS( going into R& D phase to prove it can ) how will that take ?Then the manufacturers have to test the CBS produced by the pilot plant is of standard required , then any potential offfakeWith NB's track record , you will be lucky it will be by next year And in the mean time debt bonds with high interest are accumulating See a fund raise soon |
I do that is why I am not invested |
FAR need to get their skates on with this CBS. They have yet to produce the full sample tonnage. Testing will then need to go ahead with manufacturers, which takes a number of months and then discussions regarding uptake will commence. With FARs track record I wonder if this will be completed by the time the BFS is expected to be released in Q2. |
Seems like you didn't either |
Nothing wrong , it mugged a few in You just did not read in between the lines |
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