Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
2phevs - "haven't I seen you over at vls"
Yes, I invested there earlier this year. Have you only recently invested in Deepverge?
hello sandiego
haven't I seen you over at vls
strange both of these up on no concrete news nice though
GLA
I sometimes get accused of only commenting on here when the price is down, but that's only because it's not up very often. So I thought I'd better post something quick while I had the chance.
TRat that is the base line for the production plan with resources where they are today. When CR is announced I would not be surprised to see that change very quickly, without a requirement for capital expenditure.
The next few months are going to be very interesting…
Capacity of ski trust club will get to 60,000 per Month next year. And it seems to me that if demand looks north of that, it can be relatively quickly scaled up, with low capital costs.
If it has four legs and a long face it is a horse, if you add wings and horn on the head it is a unicorn.
AGM document:
" 2022 - Jan - Mar - Version 3 - 100+ units with auto chip / flow cell feed".
100 X 50,000 = 5 million for quarter one 2022.
But hey, what does the company know...
And that figure has potential to be inflated if 2021 sales slip:
"2021 Aug - Dec - Version 2 - 100+ units with motorised optical alignment"
And if the Jan-March slip, that'll still be 2022. But there you go...
Your assumption regarding the large order from Feb is incorrect. Firstly The original made it very clear that this order would be fulfilled in Dec, not 4/5 months in. Secondly the interims clearly stated that was still the case.
‘ The Company grew H1 2021 revenues by 231% to £3.319m (H1 2020: £1.004m). Production orders of £3.6m ($5m) for Modern Water equipment, announced on 17 February , contributed to an increase in inventories at the end of H1, ready to be shipped in H2 2021.’
Checking the increase in inventories it stands at approx £1.9m indicating that less than half the half year revenue was from modern water.
Newuncle, it's a difficult one trying to gauge next year's revenues but a good starting point would be the Turner Pope report. In particular look at the sections on microtox PD rollout and cost per unit. Also in the STC rollout section of the article do the same, look at the estimated revenue per month based on projected rollout figures. I would say your revenue projections are very conservative on that basis.
NU - DVRG half year turnover was only £3.3m. Unfortunately sales are not split out by division at the half year. Hwever, there was a relatively large MW order of £3.6m which one might reasonably expect would have been largely completed 4 or 5 months later. On the basis that MW provided the majority of the half year turnover then the rest of the business is showing very limited, if any, growth. No doubt that this is one of the reasons why the SP is where it is. The more one looks at the interims the more apparent it is how bad they were.
IMHO there is not a chance that they will do anywhere near the T/O you are suggesting next year.
Wacca - you asked some very good and pertinent questions over the weekend. Andycrap had no answers to these questions, so in true Andycrap style he used insults to divert people. He does it every time.
Goodness knows that there are questions that need answering
Wacca,
I already had treatment from andycrap before so nothing new there.
Newuncle
You can’t say 20p because you’ll be shot a dawn although it is here like I said it would,our token bell end might appear with his whit and call you pond life,moron etc…..Lol
Easiest way to play this now is to forget the last 12 months.
Look at DVRG as it is now at 20p with an MCAP of £44m and revenues of £10m for 2021.
Lots of potential upside from STC, PD, Labskin and BT (ie incomes for 2021 have mostly come from Labskin).
Only down side is the lack of news flow matched by large volume sellers to date.
If you were looking forward to 2022 what revenue growth is needed to see the MCAP go up 50% from here?
If £10m can support £45m, could £20M support say £90M or does DVRG need £30M to support £90M and how will it get there?
For 2022 Perhaps
Labskin £15M
STC £5M
PD £5M
BT £5M
Total £30M
Is the above too little or too much? Please feel free to update/amend and repost.
I’m dreading the next rns god knows what it will drop to,going by the norm
Easiest way to play this I find is buy the stock and wait for the inevitable news to drop, then hold for some more news in the future and repeat until the mortgage can be paid off.
Don’t think I have ever been this clear about an investment before.
It's a fine line, GB has tried to keep momentum going by regularly updating social media and RNS's have been consistent and persistent. It could be argued that the RNS's have not matched the hyperbole/expectation but, I guess, thats not, solely, the fault of GB.
As spoken about before, unfortunately, the SP will only improve when there is an RNS confirming a very large contract (£8M+) , a governmental partnership or the CR joint venture is confirmed with details and product interest - (or a buy out!!)
All IMHO
PS - Other than the recent SP performance DVRG are progressing very nicely
100% agree, GB has in the past made it too well known and based on his more recent lack of twittering i think hes getting the message
I just want an RNS to drop and not know about it, as they always get overhyped and never live up to everyone’s expectations.
I'm in 2 minds whether that is a good thing or bad. Love the enthusiastic posts prior to news but then again like that traders are being left in the dark and will struggle to play this. The need to be caught out by an almighty RNS so fear playing with it in the future.
Just managed to complete my base position here with a last buy 9215 units hopefully see you all back at 30p very soon
GLA
Quieter today than yesterday........ :)
pulled this of one of me others........ "Dropped ?? an email last week, still not had a reply. Seems fairly typical of the abysmal comms under his watch."........ !
All the best (we do have great comms here, and an answer to a query same day IMO....... :()
If god can take a days rest then So can Gerry :-)
Next few weeks I feel will interesting, COP26 is a unique opportunity for UK to break free of NDA. If that happens great if not I feel it won’t be too long until it does.
When STC social media starts going in earnest I think it will be possible to see tangible effect, as social media selling from my experience offers instant feedback.
News this morning I wonder?!