Great write up Charles . I’ve been tweeting on this one since the placing . Can you tell me please what stock /s nearly made it as your top pick for 2026 ? If you hadn’t have gone for AFC ?
There's a few to consider - Amaroq for US government support/gold production ramp-up, Sovereign Metals for the DFS and inevitable buyout from a major, Defence Holdings as their team start to deliver contracts...there's another dozen I could name.
However, the key point is that you're looking for the ground floor on the share price - AFC has (had!) this, the others have all seen rises.
It's a growth stock - it's going to be highly volatile (both up and down). Company has said commercialisation starting this month and have not updated this view. We shall see.
Plenty of short therm cash, credible partners, technology that seems world beating…..certainly well worth a go…especially with share price still anchored to placing level…..have recycled some ITM power profits in.
Thanks for a most informative,detailed and persuasive analysis.
Great write up Charles . I’ve been tweeting on this one since the placing . Can you tell me please what stock /s nearly made it as your top pick for 2026 ? If you hadn’t have gone for AFC ?
There's a few to consider - Amaroq for US government support/gold production ramp-up, Sovereign Metals for the DFS and inevitable buyout from a major, Defence Holdings as their team start to deliver contracts...there's another dozen I could name.
However, the key point is that you're looking for the ground floor on the share price - AFC has (had!) this, the others have all seen rises.
Charles, Defence Holdings well down over last month- are you still expecting positive news this month.
It's a growth stock - it's going to be highly volatile (both up and down). Company has said commercialisation starting this month and have not updated this view. We shall see.
Have taken a 50% position today and will monitor progress
It is a risk play - in my view deserves a good spot in the portfolio (but remember diversification and risk management are important)
Plenty of short therm cash, credible partners, technology that seems world beating…..certainly well worth a go…especially with share price still anchored to placing level…..have recycled some ITM power profits in.
Thanks for a most informative,detailed and persuasive analysis.
Trubshaw
You really ought to write up a bear case on these big ones, not just a it could go to zero
I didn't say it would go to zero, but it is asymmetric.