Mr Schmidt

None of my replies, comments,(re-) tweets, or posts are to be understood as advice for any matter of life - especially not with respect to financial matters.

[Mr Schmidt @MrSchmidt20]

The sinking feeling when you're down 60% on a stock, but your analysis still says you're right? A brutal form of cognitive dissonance.
A bit personal, I wrote about how to survive it, and how to tell the difference between being "early" and being "wrong."
https://t.co/XHbz2hyW5h

[Canada Nickel Company @CanadaNickel]

Canada Nickel Secures Federal Approval for Crawford Nickel Project

Full press release: https://t.co/byOML3x34n

$CNC.V $CNIKF

[Mr Schmidt @MrSchmidt20]

Boring is beautiful

A neglected retailer, an undemanding valuation, and management doing what it said it would do. Sometimes investing needn’t be complicated

The shares have more than doubled since my first write-up. A small victory lap and a fresh look

https://t.co/4xoJJH5SQU

[Mr Schmidt @MrSchmidt20]

$CNC.V @CanadaNickel

Following yesterday's news, Crawford is closer to approval, but value per current share depends on who funds the US$2.5bn package—and at what price.
https://t.co/Nrnnogfb7b

[Mr Schmidt @MrSchmidt20]

A junior iron ore developer I wrote about last year rose more than 5x at the high and still trades near 3x the initial price.
Starter project ahead of its revised schedule—but can it pull the main asset up the Lassonde curve?

Disclosure: I own shares.
https://t.co/jWuOMnrHkh

[Mr Schmidt @MrSchmidt20]

@HugoNavarroPer2 Thanks for sharing.
Looking at FY25 numbers, I only get to $20m FCF from the stated CFO if I exclude the preferred dividends (which I think is like interest and not optional). Common equity holders saw about $14m. Pref divs owed was still $7m, which is why they now double pay.

[Mr Schmidt @MrSchmidt20]

Free update on Vistry $VTY.L

Sold in May after the thesis became too dependent on cash generation & average debt reduction.

The July update validates those concerns — but also shows the new CEO may be attacking the right problems.

https://t.co/br2qCSMr04

[Mr Schmidt @MrSchmidt20]

Nice start to the week :)

@CanadaNickel and @ElixirEnergyASX both announced progress with their respective projects today.

Substack subscribers can find my quick take in the chat:
$EXR.AX https://t.co/08AUx5VOMC
$CNC.V https://t.co/ENZbSJ5qVy

[Mr Schmidt @MrSchmidt20]

@Investmentideen Pro forma shares are estimated at "~500", not 388. That compresses the target to ~2.05

[Floe @Floe_FS]

I think Andy has a great idea here for anyone looking for some pocket money. Do your own DD.

[Mr Schmidt @MrSchmidt20]

@InwestMannen @threadreaderapp unroll

[Jeremy Raper @puppyeh1]

$HUM.AX if you are a frustrated shareholder and share these sentiment, and want value maximized in the near term for all the reasons speculated herein, you should write to the BoD and tell them.

There is a ton of latent value here, let’s not wait around until Abercrombie comes back.

[Mr Schmidt @MrSchmidt20]

@Goldmoney $XAU.TO is pivoting from defense to offense.
-Trades at ~1x tangible equity
-3-4x FY26 earnings
-Little debt
Metals are cyclical, but even using FY25's levels, it’s still <10x.
The catch? The new offense takes heavy CAPEX.
https://t.co/eFeyZvB5zC

[Mr Schmidt @MrSchmidt20]

European Microcap:
-Zero net debt
-Double-Digit underlying FCF yield
-<10x earnings
-Capital-light distributor, unsexy industry
-CAPEX cycle ended, now returning cash via tender
-Language Barrier

...but no obvious barriers to entry.

->Value or Trap?
https://t.co/2tErgOCL0P

[Mr Schmidt @MrSchmidt20]

@finance_schmidt 😬

[Elixir Energy Ltd @ElixirEnergyASX]

$EXR Elixir Energy successfully completed the Lorelle 3H DFIT, indicating a preliminary reservoir pressure of ~6,350 psi and an over pressured gas gradient of ~0.6 psi/ft. We have increased stimulation stages to 12 with operations expected towards week end.

#ASX #Energy #Gas

[Elixir Energy Ltd @ElixirEnergyASX]

$EXR

Read the full ASX Announcement here: https://t.co/BRsNIX064o

#ASX #EXR #ElixirEnergy #Gas #Energy #TaroomTrough #QueenslandEnergy

[Mr Schmidt @MrSchmidt20]

To me, @IDTCorporation $IDT most important Q3 FY26 development: growth segments now account for 55% of EBITDA and 67% of gross profit, up from 49% and 61% Q3'25. The mix shift continues.
My lengthy (sorry!) take on the quarter:
https://t.co/3sHEqcmPkE

[Mr Schmidt @MrSchmidt20]

@finance_schmidt Only a very brief statement about the prior CEO's term ending, no reasons mentioned...

[Mr Schmidt @MrSchmidt20]

no purchases by other insiders, though, as far as I can tell.

[Mr Schmidt @MrSchmidt20]

What can I say, I like Directors purchasing on market… A$160k at https://t.co/s9qlcARvns, Structural Monitoring Systems.
https://t.co/9LU466I87W

[Mr Schmidt @MrSchmidt20]

Over the past 6 weeks, Director Loechteken bought a total of ~A$330k on the market, boosting the shareholding by ~800k, a significant increase.