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“Thr only question is... can or will bids release enough fluff through a PR offensive to get the SP up before the raise or are investors wise to it now”
Only the likes of bottomz, malaika, drinky, montecute, Luke are lapping it all up.
Some are now wise to it like Jab
Notice Trad has gone quiet. Went of the offensive against bids and then realised that wasn’t good to trader out his position so started attacking “derampers”.
AGM Tuesday let’s see what comes out of it.
Montecute - not sure why you keep rattling on.
I told you exactly why I thought you were talking BS.
In one post you specifically said you couldn’t see what all the fuss was about here.
In the very next post you were bragging your mrs, grandson, niece nephew and postmen had all bought in at the very bottom.
Smells a bit fishy to me.
Bids raised in July last year and June before that.
The need more than 5m come on. Even if they hit this years revenue targets they'll still make a 7m ish loss. So i think 10m and it'll be in next 2 month. You can see they have started the PR already with presentations/webinars scheduled. Bit out the blue dont people think? These are designed to create excitement and stoke the share price and you know what it might work to be fair but in this market I'm not sure. Given so many are heavily underwater here any decent rise will be getting sold into as retail start slicing and selling etc.. it is just the way it works.
I am negative cos I am bearish but do see upside potential once x y and z is sorted. Yall just seem to be skipping the xyz part and jus pointing at the potential longer term potential and suggesting things like theres a buyout possible within next 2 months etc.. that is what i hate to see its rampy BS.
Also the idea of a loan while it is possible it is highly unlikely. This company will go down the placing route we all know it. The board are seeking approval at the AGM for crying. Out. Loud. What more, of a sign do you need?
Thr only question is... can or will bids release enough fluff through a PR offensive to get the SP up before the raise or are investors wise to it now and extra cautious given the tumultuous market conditions. Whatever the price they decide to raise it will be a big discounted given the current access to capital, market conditions & track record of bids..u take a chance either way.
Bring on the FundRaise: a good sign in a progressive company and excellent opportunity for shareholders to add to their stake. Always hold a bit back for such opportunities: very happy to have got on board when I did: and you know when that was Thomas Pot Girds but if you have mislaid the date I will be happy to repeat. AE DYOR GLALTHs ATB M and Mrs M.
Tbh no one here really knows anything beyond biased speculation of what ‘could happen’. List out the pros vs the cons and you’ll find the former greatly outweighs the latter with BIDS. Unless you’re shorting the share, there is no valid reason why posters would bother only focussing on the downside on this forum. You wouldn’t even bother posting if all you saw was downside lol.
“What if two or three of the AAA advisory committee got together and loaned Bidstack £3m or so for cashflow purposes.
They`re all very high net worth individuals and could easily stump up £3m between them....for their own interest! (see what I did there)”
I think all Aldebaran is doing is pulling people up (and quite rightly) for BS comments like yours above Bottomz.
That’s never going to happen, just like a bank loan.
It’ll be the annual share issue and dilution.
Who ever said buy out in two months is having a laugh too.
You really would not be selling your company when you are running on fumes unless it was your only option. Get low balled for sure.
This is what i mean about ramping here its just absolute BS. -Allbran
He then goes on to say, almost without any doubt, that a fundraise will take place in the next two months, it will be for £10m, and could include warrants!!!
But he does excuse his deramp by saying `not trying a deramp` first.
Oh ok, thats alright then!
Well here`s my opinion....
They will be getting further unanticipated revenues in to the coffers via the Saas technology mentioned in the results.
They will have a rerate in the sp following the IAB measurement standards guidelines expected in mid June, so 3 weeks or so from now. This in turn could be an oportunity to bring forward a fundraise at a much higher level...maybe 6p.
Or if not, they`ll wait until Aug/Sept when the bumper H2 revenues are in full swing to initiate the funding process, then get it away in Oct at 4p to raise £5m...saying that this should be the last need for further funds because it will take them in to the £25m revenues year of `23 and forecast being self sustainable thereafter.
Of course there is another possible option.
What if two or three of the AAA advisory committee got together and loaned Bidstack £3m or so for cashflow purposes.
They`re all very high net worth individuals and could easily stump up £3m between them....for their own interest! (see what I did there)
We can all speculate till the cows come home, which is exactly what Allbran does...frequently, then accuses the pro Bidstack posters of ramping!!
I suppose most people who read this `discussion` can see through the speculation for what it is...on both sides, while the real sp movements are driven by market forces, MM`s, traders, investors, and algorythms!
Fair points - glad we’re both listening to each side of the BIDS debate - makes a nice change on this forum.
Helx2 I dont rule out a buyout but will be further down the road not in the next couple months. Maybe 2 - 3 years once they've proved they can become profitable.
ErrHum is a fantasist. Yes though fundraise could be a loan but my thoughts are this unlikely given board are seeking approval for dilution at the AGM.
Time will tell. Not tryina deramp. I do genuinely expect a fundraise by end July and it to be around £10m. Just hope it doesn't come with any/many warrants attached but alas I do think Draper will use it as an opportunity to make a few quid for himself he has form for it to be fair.
Bless helxy - you’re the provider of almost all the comedy on this board through your 4200+ posts against bidstack in spite of you holding shares here lol. A buyout is very much on the cards - probably one of the reasons you still hold Bidstack!
More comedy gold this morning!
Helx2. ...you're such a trusting soul, you just have to watch out for the sting in the tail though.
Mr Hum.....you've just entered the top 3 on the dreamers board! You haven't been sniffing too much cow dung have you? Bought out!.....that's a belter! You've probably got the explode bit right though. Dear oh dear. Enjoy the beautiful weather.
Whilst a cash raise is on the cards within the next 12months (more shares or possibly bank loan - no dilution) you shouldn’t be closed minded to the idea of a buy-out - Far more likely now given the rapid mobilisation from Sony, Microsoft et al.
ErHum are u really suggesting these might be brought out within next 2 months??? Lol
This is what i mean about ramping here its just absolute BS.
There's a fundraise imminent that's clear. I think BIDS are going to look to raise at least £10m to cover this years admin costs (Draper and Frans salary included in this ofc). Will they attach warrants and what price will rise be at let's be real and stop the nonsense about takeovers at this stage please
Or get bought out before there’s any need to fund raise.
Better to be in than out when the sector is about to explode
So at least we both agree that the guaranteed $15m / annum revenues are coming. You’ve commented that the the timing of each isn’t a regular $1.25m a month and will be skewed towards Q3 / Q4. I recognise the general statement from BIDS that denotes second half weighted revenues generally (as has been the case previously) but could I ask why you think this is the same with the azerion deal?
Great reply Roley. Think ur prob right
The Azerion two year agreement contractually commenced 1st March.
The programatic technology has been delayed for a variety of reasons. Nothing to suggest anything untoward.
Revenues yet to commence in earnest.
So, the clock is ticking as each week lost is in effect around 1% of opportunity lost?
That is why the revenues are again skewed to 2nd half…
Maybe you should take some of your own advice if and sell your shares then you silly billy. Oh I forgot - you love BIDS!
You're not entirely sure of much unfortunately number 2. Get a night school class in finance and being done up like a kipper. It'll be very beneficial to you.....and a few others.
August...like i said a few weeks ago.
Have you factored in the azerion revenues into your equation? Averaged out (I’m not entirely sure if this is how the structure of the deal works) there should be circa £3.7m paid from that alone by the end of June.
Let's just clear up 'The Fundraise'...
Yes, the company will require funds this year.
It is a simple calculation.
Bids announced they had £7.1m in cash at year end Dec 2021.
The company may well (I have seen it happen) have held some costs/invoices back to make that number look slightly more positive, but we have no evidence to suggest that to be the case?
So £7.1m in cash...
We know costs have increased - even if just the director salaries being hiked - so Draper and Fran will lift costs by some £448k if you include salary raise plus associated benefits...
The company are continuing to hire rightly or wrongly and
Revenues to June are pencilled in at £2.6m (as opposed to £4.4m - which would be 50% of the 222 target number)
Then we can see the loss forecast for 2022 is £7.8m...
So the company has a shortfall and the cash burn to end June will be higher than 2nd half due to 'revenues weighted to the second half'.
Also bear in mind HMRC are reviewing all R&D credit applications for 2021 and may review 2020 and earlier on a government crackdown on claims - so the bonus of a cash windfall is less assured this year?
All in all, I would pencil cash burn until June to be higher than 2nd half - so let's suggest £4.5m loss to June with £3.3m loss 2nd half to meet guidance.
So the company is burning through £750k per month and that leaves £2.6m in cash at end June.
In summary, I would suggest the company start the funding process 1st July with a raise completed by end of August purely out of prudence...
When will it likely be. The fundraise?
Last time the begging bowl was out it was 1st July last year
It was 4th June before that so around this time of year they do it.
These need money it says in annual report & we're at the end of May. My guess is within next 5 weeks. What do others think? With the revenues 2nd half weighted (as always) and them putting the unaudited accounts together it just makes sense does it not?
They are going to have to offer a good discount given poor history and current market conditions specially in tech sector and with inflation there just isn't the access to cash like there was even 12m ago.
Question is will they release news before which would see share price jump so that the discount isn't too far below current levels?