Member Info for AIMing_high

Someone spanked £20k in this am and it’s taken up the price a little. Don’t think it’s anything more than that.

Jaytee: of the 8 RNSs in the past 12 months, only 1 was Ona. Friday. Thursday is much more popular.

X-ray pallet and Cargo scanner. Not sure what the margin will be, maybe 20%??? Can’t complain.

Thanks Mike. debt financing was always the best option. For me, the fact that the share price hasn’t jumped takes an equity raise off the table. I can’t see how it can be the cheaper option at these levels. If it had burst to 10p then that would be a different proposition.

I expect this to move if they can confirm debt funding, and again when they can confirm revenue starting. But I think the market will be mistrusting for a while yet.

If they can pull a second rabbit out this year then that could be game changing.

Waiting game I guess. Market seems to have a founds its level until new news.

Closing price ( Mid).. on Friday 31st May. No prizes,.. no charity donations,.. just 'bragging' rights for then next month. If you fancy having a go, add your punt,..(say 0.1 incrementations to keep it sensible)... cut and re-paste for the next guy/gal.

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4.0p MikeGP

4.1p MasterBaker

4.2p Ian.B

4.3p Malcolm

3.7p HHA

2.7p AH

Don’t worry LRT, threy’ll be banned by CoB

Misty: I’d concur with Jim. Peter is never categorical, there is always a caveat. I got the distinct impression that an equity raise was simply off the table, but that’s different to saying there won’t be one. He’s not going to tie his hands when there is so much uncertainty in this game.

I feel very confident that a debt funding solution will be found and announced fairly shortly. But as I said, if they’re not diluting then I don’t really care if it’s back at 1p.

They said on the signing RNS that they have enough capital to initially get the ball rolling. But the market has ignored that (due, I assume, to history). We now need them to come out and announce the funding (hopefully debt) and that will let the market price in some of the contract.

I guess there’s no major need to rush though, does it really matter if the sp drifts? As long as you’re not leveraged or after a short term trade then a bit of patience should do you good.

Rise ON funding news rather than INTO I suspect.

My take away is that this is stupidly undervalued. I totally understand why (lack of delivery for years), but it does give a potential for some cheap shares.

Linton:

I con confirm what Esteban posted on Twitter.

Multiple debt funding options….deciding which is/are the best options in terms of total cost of capital.

Seemed bullish on at least another MSC this year…but this is irrelevant. Until the signed one starts to get priced in, nothing is the pipeline will be considered by the market.

But in the same way that people jump on a momentum trade as they like to know they’re not alone, the signed DRC contract should help with the other late stage MSCs.

I came out of the call more bullish. I’m more than happy to wait it out now. They’ll have to RNS the funding at some point, and the money starts rolling in from start of July, so there are 2 catalysts.

That one was gone before anyone could even respond.

Are people really stupid enough to believe a brand new poster, with posting diarrhea, spouting seemingly random numbers? I just don’t get the point.

I’ll take 5. I have little faith

Ian: I suspect that the thing holding this back (other than a terrible history) is funding. If PF can assure us that an equity raise is not on the cards for the funding of the DRC contract then that could take the brakes off the share price.

I am surprised we’re still in the 3s, but it was never going to hit double digits straight off.

Does Geentee not understand the word Alias, or is he confessing to being the same person as Vander???

Rebs: you have WB and is 40+ posts to thank!!!

WB: what’s the second contract that you hope to get signed? Any idea where it is? But it’s coming next week??? Good to know. Thanks for the deep research.

Loving all the brand new accounts . RNSs always breed them.

GLR: I agree re profit. Doubt we’ll be taken out any time soon, but the profit makes a huge difference. Should stem the tide of endless capital raises, give more confidence to potential customers, and just massively improve the balance sheet.

This should make WSG profitable this year (I’m assuming $5m rev, so (hopefully) over $2.5m bottom line…..less any financing costs.

It really should be transformational.

I assume the traders were hoping for a pop and didn’t get it so are bailing. There is the catalyst of the investor presentation next week and then the start of operations in July. Not to mention the potential for another MSC signed this year, as H&N mentioned.

Exciting times for those with a little patience

Surprised it hasn’t popped more tbh. Guess it will take a bit of time for people to fully digest.

Some detail on the (hopefully debt) funding would be useful very soon.

Great work WSG.

LRT: there are 2 of us. The other is AH21. I’m a long suffering, overly exposed investor who is still underwater. They’re a slightly bitter person who bought at 6p ramped like mad, it tanked within a week and they sold at 4p. Been calling for an equity raise consistently for 3 years.

Treat them kindly, they’re harmless.

Vander is about 82 times smarter and is much more dangerous. Gives a few choice facts and missrepresents them artfully whilst willfully excluding other facts.

Nice summary IB. I can only assume it’s no longer a 20 year contract as they now describe it as “10+ years”. But even that should be plenty to keep the share price rolling.

“Sceptical” is only logical after a decade of WSG. . For my sins I’ve added post the RNS and am (already) massively overexposed. But after being wrong for a decade I’m also hopeful.

Aiming: you’re perpetually calling for a raise. You’ve been wrong for a while now. We haven’t had a raise in approaching 3 years. (June 21) Hasn’t stopped your calls.

There may well be one after the contract is signed, but if there is it should be higher than you sold out at 4p (at a 50% loss in a few weeks if holding).

As H&N said, come join the party. It’s not too late.