Member Info for 42trader

Avocet123, at a quick glance I can see how it looks that way. But there was a funding of £7m in November as well as the funding at the start of the year.

With an average burn of just over £900,000 a month, it does look like the company will not last until the end of 2026, but that is an average. The burn rate is declining as sales ramp up. Whether it ramps up quick enough is another question. I would hazard to guess that the cash should last another 9-11 months. But I do not think the way to look at this share is to presume the company can go it alone. At some stage it will need to be bought out or partnered. I would also suggest that at the current price it is the time to be buying, albeit, not the whole house.

Cavendish have released a 37 page report giving a 480p conservative price target.

Hahaha savage. You are grasping at straws now as you slowly drown.

@aim, I hope you buy some stodgy comfort food from Gregs. Don't spend too much.

It is less than 5% dilution. But the benefits of it far outweigh the dilution.

My guess is that the sp will dip on open as the mms' put through the panic sellers, then rise as the buys get put through, ending the day with a strong finish. This turn around story was never going to be simple, in fact very messy, but there is no doubt now that it is turning around. In a few years people will look back at the current price and wish they had brought more at todays price.

It should be a strong day imo jcb208. The CPI chart formed a nice cup and handle from the high back on 15th July. With the strong resistance around £3.60 level now broken, it should in theory motor upwards. It may have a pull back to the £3.60 resistance but that should now act as strong support. I am now expecting no meaningful pull back until it hits the top of the upward trend channel at around £5 and above. It is all looking positive. Ofc, any materially negative news will drop the share price, but providing no real big negative news it is all looking good to keep going up.

There is some resistance at £4 Aim, top of upward trend line. Not overly strong resistance though. Then your looking at around £4.50 for next resistance followed by resistance at around £5.15 if the price can get there by the end of the month. The trend is up, so don't expect big pull backs.

A rare blue day!

Some nice trades gone through. Unusual to see the £121k trade. Normally a trade that big is an even number of shares made by an institute. I'm guessing now, but I wouldn't be surprised if that was a director buy.

Funding from the US government isn't something that can be sorted in a short time. These things take time to do. A lot of due diligence is needed. The expected time from is for funding to be completed early next year. As with most investments, pi's tend to take too short a time frame on returns. The possible money to be made here is not a short term investment but a 3-5 year time frame.

Only a small contract but considering the initial contract was for 12 months as a pilot contract, starting in May, it shows their product is good and stagecoach are happy with it.

Makes you wonder how much the sofas cost!

Apparently, while changing his sofas in time for xmas, he has found a load of pocket change down the back of the old sofas.

These things always take a long time. A good example is the oily, RKH. It's low was 4.2p. It 3.5 bagged over nearly 4 years before it got closer to production and really took off. These type of investments are always full of risks, but if you want one of those 10-100 baggers, you need to be patient. A small amount invested if buying near the low can become life changing if it all goes right. You just need to hold your nerve and wait (and pray a lot)!

Now I have a bit more time I can write a little more.

The info Zeus has given, suggest a fair value of 8.9p, which is just 10% of the value for the Monte Muambe projects. Construction could begin in 2030 with first production in 2031. As more of the stages are realised, fair value will increase.

So, they suggest it's fair value atm is a 7 bagger from this price, but if you are prepared to wait 5-8 years or so, then fair value will be considerable higher.

I can’t copy and paste it due to terms and conditions ect ect. But I can say they have put a price of 8.9p as fair value.

Couple of nice £51k buys today, on a day when most things are down.

There should be a trading update in December.

Someone has been selling for months.

Nearly a year on from when the rulers of Mali decided to up the taxes, they are now coming back for dome more free money.