NRZ

0.00%

0.5¢ neurizer ltd

whats behind all the selling pressure, page-5

First 5 Last

Share
Profile

Follow
Isildurrr

100 Posts.

25

21/11/21

18:16

Post #: 57735744
Share

Originally posted by J L: ↑

The reason the SP is where it is, because, based on the information to hand, the market has determined so.

Look at LCK's current position. Based on the information we have been provided, IMO, this is the situation:

1 Additional funding will be required before the end of year.
2 Funding will come via a share placement or or some sort of income. My bet is share placement.
3 If by share placement, it will be either by standard shareholder CR, or by Investor Second Tranche.
4 Second Tranche. If the Investor plays hard ball, in accordance with the rules of the Agreement, funding might not be available until 13 Jan 2022. If earlier SP will be as low as the skill of the Investor can achieve.
5 If it is by shareholder CR, at this late stage, and given the current SP, it will have to be very attractive (low SP).
6 If you are hoping for any other type funding, other than a govt grant, you are dreaming.
7 If you think you will see a completed BFS by mid December, and consequently a raising of the SP, you have statistical evidence against you, therefore, highly unlikely.
8 If you think prepayment of Off-Takes, up to five years before production, you are dreaming.
9 If you think you will receive massive share placements (up to $400 million) before end of year, you are dreaming.
10 If you think anything financially substantial will happen before Stage 1 is successfully completed, you are dreaming.
11 If you think that there will be any large investment before the FID, and the Korean Banks are on board (by their own words), you are dreaming.

Dilution, dilution, dilution. At the moment, IMO, the SP Achilles' heel.

Be prepared, in the next few weeks, for an interesting lesson in financial management.

If you are a long term holder, and not interested in trading, and not concerned with opportunity costs, you might feel better if you consider putting you shares in the bottom drawer, and coming back in five years time.

All my own opinion, of course. J L.

Expand

Dilution, dilution, dilution, yawn, yawn yawn.
You must have been burned in the past, very twisted. If the tranches are not taken up in December as you have suggested you should depart from this forum. No credibility, put something on the line if you are too scared to buy shares.

LCK Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Is oil undervalued?

WGX

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GRX

GreenX picks up prospective copper project in Germany

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

There are more pages in this discussion • 27 more messages in this thread...

First 5 Last

Add NRZ (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $9.512M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	150000	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	770000	2

View Market Depth

No.	Vol.	Price($)
1	150000	0.005
31	15539843	0.004
37	30119863	0.003
33	206486579	0.002
19	179900000	0.001

Price($)	Vol.	No.
0.003	500000	1
0.004	12210000	5
0.005	14401848	7
0.006	1908009	3
0.007	1641000	2

Last trade - 16.12pm 02/08/2024 (20 minute delay)

NRZ (ASX) Chart

Day chart unavailable

whats behind all the selling pressure, page-5

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

whats behind all the selling pressure, page-5

Top Stories

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News