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UG - LOOOOOL
Apologies - you were first then Tooth followed...
Reading top down.
Yawn
Evening ToothFairy
MCAP - the last bastion of "posting doubt" to the uninitiated?
My IPA, thanks for jogging my memory re 5th May RNS which reads
P2F is currently in discussions with several potential large customers both in the UK and overseas and hopes to be able to announce some significant orders in the near future.
Well three months later Id say near future has passed wouldn't you. Just one order for 350,000 masks at what 30p each.
Not a 20M market cap company fellas
United guy, you will see come AGM. Not long to go.
Look all you like Poor the material costs per mask wont be much as the standard 3 ply mask retail for 10p inc VAT so the wholesale price might be 2-3p so how much could the raw material be 1p per mask??
Come on you are pushing the boat out saying RMS is not burning cash.
Check your calendar PI, it's not July.
Syrup - 5th May RNS stated supply issues sorted RE materials and alpha-viron layer.
https://polaris.brighterir.com/public/remote_monitored_systems/news/rns/story/wkqg7ow
You're like UG - memory issues - we're in July now.
Thank you the syrup. United guy, read this rns carefully. They paid £150000 and sourced materials for months. Now try and be clever.
RNS on 18th Feb stated they had secured a few months raw materials...
https://www.lse.co.uk/rns/RMS/update-on-commissioning-and-board-changes-yex70hhej6fln3x.html
Some bigger buys going through now….
United guy, they sourced month’s material in advance, once I’ve got some time, I will look for the RNS.
poor you cant be bothered because it doesn't ad up.
machine was paid for prior year and raw materials should be a penny a masks and based on sales not much at all. So burn rate is big enough to make your statement at best misleading.
United, we have had this conversation before. Big part of that million, went into raw materials for months for the machine, also the paid around quarter of million for a company that helped them secure raw materials and helped them with their operations. Have a look at the RNS’s from 6 months ago, I can’t be bothered looking for them.
poorinvester to say RMS are not burning money is just nonsense based on the information provided by RMS.
Legge said as of 7th June the company had approximately £5m in the consolidated bank accounts left of the £6M net raised at year end. I make that £200K a month burn but lets say they had a few one off items and call it £150K a month burn rate
RMS have report sales which don't add up to a hill of beans so that wont help either.
Truthfactory, this company has 5 million in the bank. Long long way and many many years before this goes bankrupt. Wait for 17th, you will see, they have over 5 million pounds in the bank, they are generating enough to pay for their operations, no burn rate. Save my post.
WHY do you think news is coming?
The BoD have got the bad news and the no news news out of the way before the AGM and will now keep their heads down.
poor the last few months RMS SP has fallen at a consistent 15% a month.
Follow the trend of where SP was mid month April 1.7, May 1.45, June 1.23, July 1.02 then August should be 0.89, Sept 0.75, Oct 0.64 and finally Nov 0.54
As August is already below mid month forecast the rate of decline s increasing and if the AGM a flop and the interims represent new released to day them 0.5p will come sooner rather than later, much sooner.
United guy, you’ve been promising 0.50 for weeks now?
"you’ve only made a loss if you press the sell button". A fallacy. By definition, you make the loss when you press the buy button. Anything else is internal justification. You're losing every day by not having that money invested in something with a rising share price.
first trade starting 0.7
Keep buying now to lose later, oh you don't lose because you never press the sell button.
on 26th july when RMS SP was 0.93 one of todays happy clapper said it would be 1.8p by close of the week?
Who was that happy clapper?
well they git it part right it was 0.8p and this week it will fall further still.
Dragline, it’s hard explaining to some, you’ve only made a loss if you press the sell button.
For the SP to rise from here, I’ve sold up, big loss so it will fly now I’m out..