Professional trader of UK and US equity markets (posts are not investment advice). Now into the thirteenth year of full-time investing/trading.
UK Wiltshire
Joined January 2014
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The Masked Stock Trader retweeted
Energy costs are the single biggest brake on industry.
Industrial electricity in Mississippi costs about 7 cents a kilowatt-hour. British manufacturers pay about three times that.
The Masked Stock Trader retweeted
This morning the Yangshan premium reached $205 per tonne (+30% in less than a week) to a new ALL TIME HIGH.
The lack of copper supply is real.
Following up on yesterday's post, here is what the 12-month chart looks like for the Yangshan premium, which yesterday hit a RECORD $178 per tonne of copper. That record broke again this morning. This tells us that despite all the macro noise, nothing has changed in the PHYSICAL world.
The Yangshan copper premium is the extra cost paid over the benchmark London Metal Exchange (LME) price to import refined copper into China.
The RECORD premium signals a lack of available short-term supply, strong domestic demand and low local warehouse inventories.
China is the world's largest consumer of refined copper, accounting for ~60% of global consumption. This problem is not unique to China, as other major economies around the world also face the same reality when they try to get their hands on copper metal... they have to pay up.
The copper market only wants to react upwards when the physical market globally is tight and shows no signs of easing.
#HALO #HaloMinerals
"Target [FID] is still this year)"
"potentially 100% debt funding is what we're focussed on at the moment"
"Equity is right at the back end of that capital stack"
"There are a number of financings that are at a term sheet stage now. A number, so more than one"
#HALO #HaloMinerals It was a very useful presentation I thought. It sounds like between now and Christmas (43 working days) we should definitely get a sense of how the funding is going to work.
It's kicking out ~$58m in FCF/Yr, so if funded it won't stay at an £8m market cap.
The Masked Stock Trader retweeted
From wellhead to tube trailers!
Take a look inside our Rudyard Helium Facility as Darren Heustis, Plant Manager/Operator at @HelixExp, takes us through the journey of helium – from the wellhead, through the processing equipment and PSA units, to the tube trailers ready for transportation to customers.
🔄 The very cycle behind our continuous tube trailer filling!
#Helium #USA
I actually added a bit more today. Nothing nuts, but for a REIT it's been weirdly strong compared to the indices. #GPE
Two plugs for two of my favourite plays from @that_stocks_guy
#HEX #HelixExploration
thatstocksguy.substack.com/p…
#HALO #HaloMinerals thatstocksguy.substack.com/p…
Re. HALO: FID still on for this Yr, funding very debt focused to not dilute, lots of hints it's due very soon now.
#HEX #HelixExploration and a follow up RNS about helium being on the critical materials list in the USA.
This is a huge puzzle piece coming together here, because it massively opens up the potential for federal funding and land easements, etc.
#HEX #HelixExploration RNS:
- Ross-1 spudded
- Ollie-1 testing seems to be just around the corner too (that's potentially a huge well)!
#HEX #HelixExploration RNS:
- Ross-1 spudded
- Ollie-1 testing seems to be just around the corner too (that's potentially a huge well)!
#HEX #HelixExploration This is where the work for potential hydrogen drilling comes into very obvious significance for the US Airforce and other military services, in applicable geological areas.
BREAKING: The U.S. is preparing all major US military base to survive at least 90 days completely cut off from outside power, fuel, water and supplies, per Fox News.
The plan, called FORTRESS, is built for a major war that could cripple power grids and break supply chains on American soil.
Bases would run on portable nuclear reactors, large scale batteries and microgrids that can unplug from the civilian grid entirely.
#HALO #HaloMinerals
Really good interview with @RoastPR. Loads of hints about full debt funding for the project and or prepayment/offtake
At some point (I suspect on funding), the market twigs the NPV8 is $174.3m and that this is too cheap at £8m mcap
youtu.be/aIiVXXdnlAY?is=pP31…
#HEX #HelixExploration Helium just been named a critical material in the USA, which crucially gives them lots more options for government backed finance.
independent.co.uk/news/world…
#HALO #HaloMinerals RNS:
Another piece of the puzzle coming together in the timeline. This permit was important, because now that's in place, the other final ones should come very quickly, leaving really not a lot left to do to prep the beach.
Financing due within ~45 sessions
The Masked Stock Trader retweeted
China’s copper cathode premium soared to an all time record high of $158 per tonne today.
At a time when the market is questioning copper demand linked to AI capex deployment, the world’s largest copper consuming economy, BY A MILE, is signaling that it is starving for material. With the majority of global exchange stocks sitting in the US, China is sending an extremely strong signal of tight physical availability, showing it is willing to pay up to ensure metal is brought into the country.
#HEX #HelixExploration Doing a panel presentation with Haynes Boone (next week?) and a mate of mine at the helium super summit in Houston said he saw Bo there, who was swamped with people.
haynesboone.com/news/article…
I understand that they're not necessarily equal, but #HEX #HelixExploration were clearly in the right place at the right time with their liquifaction unit, which cost $11m, not $100m.
The Masked Stock Trader retweeted
📰 @equity_research has raised its #HALO fair value estimate to 47p/share, following the updated Playa Verde CPR.
The note highlights US$195.9m after-tax NPV8, 33.94Mt Ore Reserves and potential for a further 25–30% reserve increase.
Read the research:
equitydevelopment.co.uk/rese…
