Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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BH probably won’t make one massive order for the year, but a series of large orders I think. Supplying it is PXS’s issue. It’s what they are trying to work out now I suppose.
Funding for such a large order wouldn't be an issue IMHO, probably Gov. export credit guarantees involved. Funding for ticking over at close to break even is what the market is for. Some of the recent trades could be related.
I think even if B-H paid up front then we would still need to have Fruitflow in stock to cover the order.
Couldn't expect them to pay upfront and then tell them it will be x months till its manufactured.
Don’t you think if By health order as we are the supplier ! they will pay up front , if the order is for multiples of current income it could be £m’s , they can’t expect pxs to find that sort of money ! I might be talking out of my backside .
Transition from DSM took pace at the start of the year and PXS have been supplying customers direct using existing stock since Feb. So that's over 1/3 of a year. As time marches on, the immediate cashflow issue should go away. If total annual sales were £3m (or whatever figure you think), then divide it by 3, so £1m income in my example. We have no idea how often they need to pay DSM a fee though. We also have no idea when BH will order and how much cash we will have in the bank at the time to pay for it. We have not heard anything yet, so that is positive. It seems logical to me that the extension to the original 3 month transition would be an additional 3 months. Therefore, we would likely get an update next week. They updated us after the end of the first transition period.
Leave any time you want Nazir, I dont think many on here will miss you...
Omg this is falling free fall ,i had a chance to get rid of it at 0.83 ,what can i say i had hope, this is falling back to 2017 price
Is that the price as well?
:)
James Mays Crossley #plate is an omen
https://youtu.be/QAOZxT-NWLY
W_:-)_$
Poster on ADVFN stated they had sold 2.5 million and said "Finally ran out of patience"
As for the drop. Way over done but while there is uncertainty over funding the MM's will do what the MM's do.
Just my opinion.
Why a massive drop and a sale of shares
Sorry,
and taobao.com
https://www.taobao.com/list/item/693532544023.htm?spm=a21wu.12321156-new.recommend-tpp.4.4a722bd1QZwZzl
Would be good to know how well its doing on JD.com
https://npcitem.jd.hk/10066614829347.html
and taobao.com
https://npcitem.jd.hk/10066614829347.html
Timeshop
https://timeshop-com-hk.translate.goog/zh-hant/archives/10888?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
I wonder if the board have agreed on this new partnership, hence the drop in ff+ numbers . Just a thought . “The Company is seeking to expand further its commercial activities with Fruitflow+ Omega-3 and other Fruitflow+ combination products, and it is currently in dialogue with some other potential international direct selling customers.”
Lol,
I didn't see it had made the website :) ;)
Sorry gix didn’t realise that was the article you found ,but you do find a lot of stuff I can’t keep keep up !
Nice to see the article/advert made By-Healths website.
This is the relevant section that I posted on the 17th regarding wstc and new health claim regulations.
"To be marketed in China, vitamin and dietary supplement products must currently fit into health function measures. But local authorities in China are planning new regulations that allow the assessment of new functions.
Building on its years of research, BYHEALTH hopes to take advantage of this opportunity and register new categories of dietary supplement properties, Liang says. For example, the company is working with the Institute of Chinese Materia Medica at China Academy of Chinese Medical Sciences to study the effects of water-soluble tomato concentrate on the properties of blood in mice."
https://www.nature.com/articles/d42473-023-00164-y
A small piece about wste . But all good advertising . http://www.by-health.com/en/aboutus/news/4715/
We all have to respect that nothing can be disclosed to an individual that hasn't been notified to everyone. The desire for certainty over funding has hung over us for the whole of this year to date. I agree with you that the lack of news has to mean that funding is not under threat. It's as tough a time for us as I can remember, alleviated by the information on the By Health studies and submissions. China isn't in the best of economic times right now, but By Health seem able to keep growing.
The longer the silence from the company the more it makes you think they have found the money for payment to DSM , it could only come from income as any other way the market would have to be informed . I’m taking that a s a good sign ,it does seem strange that so much potential news from the interims and funding update has not appeared !
Perhaps someone who is on good terms with IF could give him a ring and get some clarity
Ff+ is not part of the AA agreement , whatever is going on we won’t know until the interims in December so no point in stressing about it now .
More linked to DSM income maybe
https://postimg.cc/k6sWtwzv
Don’t think you can read much into those order numbers , they have never indicated the true income received !
Looks like they have fallen off a cliff in the last 3 months if your number of 800 is correct for June?
Jan 3,208
Feb 3,115
March 3,170
April 2,839
May 2,078
June ?,??? (800)
Somehow I can't see sales falling that quick.