George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Yes we 100% know they haven’t contracted.
Talks are not contracts.
Anyone talking this down at this price is a fool in my opinion. Have a luck at all the RNs and work carried out since November last year. It's aim it's a punt and everyone knows that even without good news shortly this can still move due to low free float. Those options at 1.5p will be hit easily.
Can people not speculate on todays news. Hell they even put figures in so must be confident.
If the contracts don't come then we all screwed, but hey this RNS was just the tonic. Picked up the volume and laid down a marker to what can be achieved here. 2 customers may potentially fork out 3million this year. That is over £500k the current mcap of enet. They have now paid of a quarter of the £1.6 million debt too.
"What contracts ? There are no contracts"
Quite simply - you don't know that
-----------
Errrr, we do. Because they literally told us today they're still talking, therefore they are not signed, not even agreed yet. It's you that doesn't know if they will end up being signed.
I'll be honest, be careful. Today's RNS looked a bit desperate, announcing the possibility of contracts in the future, just as the sp tanks. I want to hear them announce contracts that ARE signed, not pie in the sky again.
Of course the rampers are all over it, spinning it to pump the price up so they an get out.
Previous post being a prime example.
Aimho, dyor, etc
"What contracts ? There are no contracts"
Quite simply - you don't know that
Wait for those RNS's to land confirming contracts, and they will land, just when not if ;))
Just about to post that myself skid ;)
Page of cups.
What contracts ? There are no contracts.
From my notes direct from DL 15 months ago "we are advanced negotiations with four OEMs", so seemingly absolutely no further forward, two gone backwards.
Ps that red 1k should be blue 💪
Nice post page, just got meself a few more.
These contracts particularly the testing has been ongoing for over a year, so now the OEMs have tested the UEP system, they are in commercial discussions. This is why ENET exited the TSP. There is a limit as to what can be delivered on ENET's part, however these initial contracts will lead on to further orders. Other OEM's are seeing ENET's offering and at least another two additional clients are looking at signing up, giving a total of four. Looking at 2-$3m for the first contracts pending deliverables agreed upon.
Also in 2025 enet won't have debt payments of £400k a quarter. 1st £400k paid off today, if not already.
Along with a reduction of monthly running costs of £300k they have it all set for a monster raise if the contracts flow.
Early shout for q2 2025 share price of over 12p💪💪
Umair.
As I’ve said before the sales cycle on this sort of sale is at least 18 months - and even then a time to ramp sales to any material amount. Despite setting out timetables between parties you can usually double expectations.
If you’re getting from this that a contract will be signed in the next couple of days (or even weeks, months) from these opportunities you will be sorely disappointed.
Two OEM vendors!!!
Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Announces business update. Highlights positive engagement with a number of potential new customers, including two OEM vendors which, following an extensive evaluation of Ethernity's Universal Edge Platform have indicated an interest to adopt and launch the product to their customer base. Talks continue with these two vendors on potential contracts that could lead to significant business for Ethernity. Estimates the contracts could contribute between USD2.2 million and USD3 million to revenue in 2024, plus "significantly higher revenues in 2025 and beyond".
That’s the plan
If we get contracts news in couple of days then the sp will fly,
I appreciate all information posted by whoever posts it. By not apologising for your disgusting language, and using the feeblest of excuses to justify it, tells me everything I need to know about what kind of person you are. Just to be crystal clear, the use of that type of language is absolutely abhorrent. You should be ashamed of yourself. That’s my last post on the subject, but I expect you will continue to lash out and blame everyone else to try and justify what you said.
Not much under 0.70 , should be blown with couple of buys
All those REDS are buys, don’t be fooled by mms tricks
Reddyhammy grow up child. That better.
Please don’t call me mate. You have shown yourself to be a truly disgusting individual using language like that, then trying to justify it, rather than apologise. There is no room for language like that, regardless of how merited you think it is.
Alan so it's not just me, slacker is a top bell end and deserves everything people call throw at him. Guys a splank
Redhammy grow up mate, talking of ignorance have a look at the poster slacker. It's completely full of ignorance.
Slacker, are you only ever positive on the one share? Your negativity on every other boards is so childish to put it mildly and sound as if you have no idea about the company you are slating off. A bit pathetic really.
Disgusting use of language there, shows real ignorance.
If peeps aren’t happy with that I don’t know what they want
Minimum 2 deals to Rerate our market cap