Close menu

August 4th, 2021 | 12:21 CEST

Evotec, Barsele Minerals, Nikola - When will the starting signal follow?

  • Gold
Photo credits:

It has become quiet on the gold market. After the emerging fears of possible interest rate hikes due to rising inflation, the precious yellow metal remains in the range of around USD 1,800 per ounce. The price should be significantly higher due to the continued ultra-loose monetary policy of the central banks and the highs in government debt. Given that a slowdown in bond purchases or even larger interest rate hikes is hardly possible, a rise in the gold price can barely be avoided in the long term. The opportunity for an anticyclical entry is still given.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: EVOTEC SE INH O.N. | DE0005664809 , BARSELE MINERALS | CA0688921083 , NIKOLA CORP. | US6541101050

Table of contents:

    Special situation in Northern Europe

    An exciting opportunity is currently available in northern Sweden, about 500km from the capital Stockholm. Here lies the approximately 47,000-hectare Barsele project in the Fennoscandian Shield, which intersects the historically high-grade "gold line" and, from a geological perspective, represents two different mineral trends. To date, resources have been expanded from 1 million ounces to 2.5 million ounces. According to Barsele Minerals management, the project could eventually yield up to 5 million ounces of gold. In addition, there is the possibility of extracting other commodities such as silver, lead, zinc and nickel.

    In addition to the exploration company Barsele Minerals, which owns 45%, the majority of 55% is currently owned by the gold producer Agnico Eagle. Agnico has also carried out exploration work over 160 km and over 400 drill holes in the past. The fact that Agnico will focus on developing new mining projects in North America in the future opens up a unique opportunity for the young company. A letter of intent was signed by Aug. 31 for Barsele to acquire the 55% of Agnico Eagle by paying USD 45 million to become the sole owner. Barsele Minerals will grant the other party 14.9% of its shares and 6 million warrants at the final closing. The project is to be financed by a convertible bond and a capital increase, which is also intended to strengthen the equity base of Barsele Minerals further.

    A further 30,000 meters of drilling are now planned over the next two years. The target of the experienced management is then 3.5 million ounces. In the longer term, however, at least a doubling is expected internally. The reason is obvious. The Barsele project extends over a total of 8km. However, the resource estimate to date only covers about 3km of this section. In addition, the previous estimates are limited to a depth of 450m. However, deeper drilling has already identified further potential.

    The Barsele Project is currently one of the most interesting mining projects on the market. Barsele Minerals, managed by the Belcarra Group, has many years of experience in project development. The project's development to the preliminary feasibility stage and the subsequent possible resale to larger producers promise enormous increases in the value of the shares.

    You can read the full interview with Barsele Minerals CEO Gary Cope here

    New blow for Nikola

    The bad news continues at truck builder Nikola. Last week, the New York Attorney General's Office filed charges against founder and former CEO Trevor Milton. He resigned last September amid allegations of fraud, after which the stock exited trading with double-digit losses.

    Now Nikola reported second-quarter numbers. Sales were not expected at the hybrid truck company. Earnings per share were negative USD 0.20, up from negative USD 0.16 in the same period last year. Although analyst firms were forecasting an even higher loss of USD 0.301, the stock lost more than 6% after the market opened at USD 10.40, near its low for the year at USD 9.65. Despite operational successes in recent weeks, an investment in Nikola resembles a gamble and is thus only suitable for hard-nosed investors.

    Milestone payment in sight

    In contrast, there is good news from Evotec. The research partnership with the pharmaceutical giant Bayer means that the M-DAX company can look forward to a milestone payment. Bayer announced that the primary efficacy endpoint was reached in a Phase IIb clinical trial with its development candidate Eliapixant for the treatment of chronic cough. The underlying compound is from Evotec.

    According to company announcements, under the 2012 agreement, the next financial milestone payment would be triggered by the initiation of a Phase III clinical trial, as determined by Bayer. After the share successfully defended the support at EUR 34, the stock exited the trading session with a gain of almost 3%. In the long term, the news that the biotech company still intends to list its shares on the US technology exchange NASDAQ in 2021 should also be viewed positively.

    In the long term, due to the current framework data such as national debt, low interest rates, and rising inflation, hardly anything passes an investment in gold. Barsele Minerals has the opportunity to create significant long-term value for its shareholders. The starting position of biotechnology Company Evotec is also positive. By contrast, Nikola is only something for extremely speculative investors.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.

    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author

    Related comments:

    Commented by Fabian Lorenz on February 29th, 2024 | 08:00 CET

    Renk, Hensoldt and Desert Gold: Price gains with armaments and gold

    • Mining
    • Gold
    • armaments

    German defense stocks are currently in high demand. Rheinmetall shares have already gained 40% in the current year, while Hensoldt achieved a performance of 35% in the first two months of 2024. The figures for 2023 only dampened the mood briefly. What do analysts say about Hensoldt's share price potential? Stock market newcomer Renk still has to establish itself. But the IPO is beginning to bear fruit. Gold shares should also benefit from the global uncertainties. However, the performance of Barrick & Co. in recent years has been disappointing. Desert Gold could become the surprise stock of the year. According to experts, the explorer was the talk of the town at the recently concluded Mining INDABA trade fair in Cape Town, South Africa.


    Commented by Armin Schulz on February 21st, 2024 | 07:30 CET

    Barrick Gold, Desert Gold, Renk - Golden times everywhere?

    • Mining
    • Gold
    • Defense

    The world is full of economic uncertainty and geopolitical tensions. These are ideal conditions for gold, which is still considered a safe haven. There are now several factors that point to a sustained upswing in gold prices. One factor is the increased involvement of central banks, which are increasing their reserves to an extent not seen for decades. Another factor is the discussion within the BRICS nations about introducing a new currency backed by gold as a counterweight to the dominant US dollar. Therefore, today, we look at two gold companies and shed light on Renk, a representative of the defense industry, which is also experiencing golden times.


    Commented by Fabian Lorenz on February 21st, 2024 | 07:00 CET

    Top news: BYD, Bayer and Globex Mining

    • Mining
    • Gold
    • Commodities
    • Electromobility
    • chemicals

    Bayer shocked investors yesterday with the announcement of its dividend cut, which shouldn't have been much of a surprise. The Company is burdened with high debt, endless legal fines, and an empty pharmaceutical pipeline. In an initial reaction, analysts have lowered the share price target. BYD, on the other hand, is doing well operationally. Only the share price is not picking up. Will a share buyback turn the share price around? For those who want to profit from the commodity boom with reduced risk, then Globex Mining's stock is attractive. The news flow is strong, and those who act quickly can still register and follow the live presentation of the mining incubator at the 10th International Investment Forum, IIF, today.