NORDIC MINING WKN: A0JMZC ISIN: NO0010317340 Forum: Aktien Thema: Hauptdiskussion

Ihr *** :) Erstens: Die Nordic Mining DFS-Studie wurde vor einem Jahr durchgeführt. Zweitens: Die Analyse von SB1M, die die Aktie auf 7-15 NOK verspricht, war ebenfalls vor einem Jahr. Vor covid-19, vor dem Abzug zog sich Partner Barton aus dem Projekt zurück und bevor er wegen schwachen Marktes die gesamte DFS wiederholen musste. Außerdem ist die Firma "Norge Mining", mit der Sie einen Nachrichtenartikel verknüpfen, NICHT dieselbe Firma wie "Nordic Mining ASA". Norge Mining ist nicht einmal eine Aktiengesellschaft. Schließlich gibt es im nordischen Bergbau keine Leerverkäufer. Dies können Sie selbst unter https://ssr.finanstilsynet.no/Home/Details/NO0010317340 überprüfen (Die letzte aufgezeichnete Short-Position war im Jahr 2019) Nun zum nordischen Bergbau: - Es gibt einen aktiven Streit über die tatsächlichen Rechte an den Mineralien (ein konkurrierendes Unternehmen AMR hat eine Beschwerde über die Betriebsgenehmigung eingereicht und das Urteil der Regierung ist noch nicht fertig). - Es gibt noch keine Finanzierung für die Mine (laut DFS benötigen sie 300 Millionen Euro) - Es gibt keine unterzeichneten Abnahmevereinbarungen Ja, also viel Glück!

You morons :) First: Nordic Mining DFS Study was one year ago. Second: The analysis from SB1M promising the stock to 7-15 NOK was also one year ago. Before covid-19, before offtake partner Barton withdrew from the project and before they had to redo the entire DFS because of weak market. Also, the company "Norge Mining" you are linking a news article to, is NOT the same company as "Nordic Mining ASA". Norge Mining is not even a public company. Lastly, there are no short sellers in Nordic Mining. This you can check for yourselves at https://ssr.finanstilsynet.no/Home/Details/NO0010317340 (The last recorded short position was in 2019) Now, for Nordic Mining: - There is an active dispute about the actual rights for the minerals (a competing company AMR has filed a complaint about the operational license and the verdict from the government is not ready yet) - There are no financing for the mine yet (according to DFS they need 300 million euros) - There are no signed offtake agreements Yeah, so best of luck!

Let’s squzze The shortes

https://www.dw.com/de/rohstoff-fund-in-norwegen-l%C3%A4sst-eu-hoffen/a-55956453?utm_source=pocket-newtab-global-de-DE

Versuche auch mein Glück. Hab aber ein niedrigere Kauflimit angegeben.

Dabei

DFS – A major milestone for NOM. The DFS of Engebø increased the post-tax NPV of the project to USD344m (8% wacc) from previously estimated USD305m (6.8% wacc), increased the project lifetime to 42 years from 29 years, and slightly lifted the production of rutile and garnet per annum by 5% and 7% respectively. We are slightly more conservative than the company and estimate an NPV of USD277m, which still result in a de-risked fundamental value of NOM at NOK18.8/share. Our previous estimate was based on a PFS, which usually has an accuracy of 20-35%, and thus we de-risked the project by 20% on “estimate uncertainty”. A DFS, sometimes called a bankable study because it is detailed enough to get bank/debt financing, has an accuracy of 10-15%. Thus, we reduce the estimate uncertainty risk to 10% from previous 20%, an increase our target price accordingly. The timing is great. With a de-risked value of NOK18.8/share and a share price of NOK2.5 we argue that the timing for buying NOM is great. The company is now fully financed until construction start, and 2021 will be an eventful year in terms of debt financing, offtake agreements and potentially construction start at the end of the year. There are several potential financing sources in terms of debt, project financing, sale of Keliber shares, offtake financing, etc. but to simplify, we have also done a conservative approach. If NOM finance 40% of the project (USD311m capex) with a private placement (significant dilution) at NOK2.0/share (20% discount to the current share price), we still estimate a SOTP valuation at NOK5.8/share and a cash flow per annum of NOK0.9/share! Valuation. We reiterate our Buy recommendation on NOM and increase our target price to NOK7.0 form NOK5.0.