Member Info for AquaeSulis01

sol, it is nether good or bad, The agreement was for just over 50% of the drilling cost to be paid for by POW shares based on an artificial price of 2.25p, i.e. shared risk that a big find is made at Molopo or elsewhere that drives the share price above its current sp (and hopefully to a point where it is at least 2.25p if not more.
I suspect the extra shares have been issued because the cost of the drilling increased as a result of the decision to do an updip hole after the first hole at Target T1.6 which probably increased the complexity and hence time taken.

Why must it be good sol? The original contract was for "The current planned programme is for circa 2,600m of diamond drilling across an expected 6 drillholes, with at least two drillholes planned into the newly identified conductor within the T1-6 target area.
§ The drilling will be paid for on a part-cash, part-equity basis, with over 50% of the expected contract cost to be satisfied through the issue of up to 10,000,000 new ordinary shares of 0.1p each in the Company at an issue price of 2.25p per share ("Drilling Cost Shares"). The Drilling Cost Shares will be issued by the Company within one month of the completion of 2,600 metres of drilling."
Whilst actual meters drilled were less "Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces the completion of a 2,402m diamond drill programme at the Molopo Farms Complex Project ("Molopo Farms" or the "Project") targeting a large-scale nickel and platinum group element ("PGE") discovery in southwestern Botswana."
with over a million more shares being issued than we were told was contracted for "The final total payable under the equity component of the drill programme has been agreed at 4,094,254.96 Pula, or £257,824.62, to paid in full through the issue of Power Metal new ordinary shares of 0.1p ("Ordinary Shares") at an agreed issue price of 2.25p. This equates to 11,458,872 Ordinary Shares to be issued to Mindea ("Drilling Shares").

elrico, I think it is fair to say that whilst SOH has deemed the discontinuation of announced partnerships as not being price sensitive, the Market has determined otherwise once they witnessed the lack of growth.

That said, Opti's partnerships were with distribution partners directly impacting sales whilst Skin's partnership with Winclove concerned a manufacturing agreement and I guess was to ensure that Skin retained access to a regular supply of axisbiotix when it was believed sales would be much higher. So as requirements in the immediate future are for fairly insignificant quantities in terms of Winclove's manufacturing capacity, no need to formally agree an extension and not price sensitive in terms of today's sp.

Nuggety gold not buffett

Melville, ignoring the impact of covid which delayed all drilling, two recent incidents have elevated Creswick up the priority list, the re*assay results announced October and securing the 6713 license with the spectacular rock chip samples. There is.Now an excellent chance that the source of the Buffett gold in the DMS is within ecr's license area and that the team will find it.

Enjoyed reading that RNS, let's hope they find the source of the DMS Gold

Disappointing to see all the mud slinging on what is normally a very civil BB.
bel, I don't have access to the contacts you have so make do with my own analysis, and that tells me it is very believable that pre-launch subscriptions were considerable,. There were a lot of ramping traders around at the time who may well of orchestrated a mass sign-up with their mates in an attempt to create false optimism, after all why would SA spend £400K on an initial order making Skin the second biggest customer for Winclove at the time, if he didn't feel he could quickly sell it?
What I will say, if I held your belief that it was all a big con I certainly would not be invested here now.

roger, KKME speculated that the geological conditions at Molopo suggested an analogy with Voisey Bay and PJ has confirmed that as more and more data has been gathered it has increased confidence in the geological model. Now visible nickel sulphides have been confirmed at T1.6 which alone has a strike length of 2.6km, and also at T1.3 which is 33km further Southwest of T1.6 and there are other high priority targets yet to be explored in the vicinity; 1.2, 1.4 and 1.5.
Now when you consider Volsey Bay is just 3km x 1km i would suggest it is all still to play for and that if the results are very promising and you decide to sell your shares at 1.5p you'll be knocked over in the rush to buy them.
Bottom line is one find can be a company maker but as PJ stated it wont be a company breaker so let's keep fingers, toes and everything crossed
"Last example of copper nickel massive sulfide that I’m going to talk about is Voisey’s Bay in Labrador. This intrusion which is the blue unit on the map, tadpole shaped and 3 km x 1 km in size but again the massive copper nickel sulfides have puddled on the floor of the magma chamber. The deposit was discovered in 1993 by two prospectors who were working for an exploration junior called Diamond Fields Resources. They were sampling for diamond indicator minerals and they came across a gossans, a gossans is an outcrop of oxidized massive sulfides. Follow-up drilling in 1994 gave an intersection of 41 m of nearly 3% nickel and 2% copper and a second ore body was discovered nearby the following year. The deposit was acquired by in Inco in 1996 and production began in 2005 slightly ahead of schedule. At present the concentrate is shipped from Voisey’s Bay to the smelter in Sudbury but a new smelt is being constructed on site and is due to begin production in 2011. Nickel production at Voisey’s Bay is expected to ramp up to 50,000 tons of nickel per year or 4% or world production. Current resources there are 2.2 million tons of nickel worth about $40 billion at today’s nickel price."
https://www.911metallurgist.com/blog/mafic-layered-intrusions

Corby, all explained here
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

For those more patient investors a few hints and tips for handling roger's impatience

https://www.europcar.co.uk/editorial/en/travel-tips/7-awesome-answers-to-the-question-are-we-there-yet-428/

We are due news this month; half year report going on last year's timing so let's all be a bit patient and see what it revelas

Amazes me that such a pessimist gets involved with a Junior Mining exploration company. I would recommend that investors re-listen to the 7th Dec podcast and then follow it with the latter podcast. You can't un-find the nickel sulphides spoken of on the 7th Dec where Paul said they deliberately didn't release an indication of grades in advance of assay results so as not to be accused of ramping, and there is a reference to what Majors would be interested in seeing and then a second reference to behaviours expected from Majors when dealing with junior partners in the latter podcast. All the indications are that POW are sat on a commercial prospect at Molopo and the evidence is being gathered together to demonstrate it
https://www.youtube.com/watch?v=OzA_HKl3KIc
https://www.youtube.com/watch?v=dB8YAGmsAtA

Standing still is certainly not an option for Croda with competitors launching more natural pro-ageing products as soon as next month
https://www.givaudan.com/media/media-releases/2023/retilife-launch
Givaudan unveils RetiLife™, a pioneering 100% natural-origin retinol crafted through biotech
The first sustainable alternative to synthetic retinol
Givaudan announces today the introduction of RetiLife™, a molecule for anti-ageing and a breakthrough evolution for the cosmetic industry. This new active ingredient is the first 100% naturally sourced retinol, and as such a sustainable solution to chemically synthesised retinol.

RetiLife™ is the result of advanced biotechnology development by our experts. Through the use of micro-organisms, pure retinol is produced in a natural carrier during a fermentation process from plant sugars and combined with natural antioxidants to ensure its protection, even at a very high concentration. RetiLife™ is the first of its kind to offer a sustainable alternative to synthetic retinol with similar anti-wrinkle efficacy.

With 100% natural-origin content, including sunflower oil as a carrier, the composition of RetiLife™ avoids synthetic ingredients such as BHT/BHA or polysorbate. Its molecule is identical to its chemical counterpart.
Romain Reynaud, R&D Director of Givaudan Active Beauty, said: “Retinol is widely used in skincare applications for its well-known efficient anti-wrinkles properties. After years of research and development, we are thrilled to offer the most innovative and sustainable retinol on the cosmetic market and therefore open the door to new cosmetic applications. RetiLife™ is a game-changer in the beauty industry that responds to consumer demand for cleaner beauty products.”

RetiLife™ will be introduced during in-cosmetics Global taking place in Barcelona (Spain) from 28-30 March 2023.

Well it's not the latter is it as it will include EOY Financials which we have been told will be good for PBX and a much better second half than first half for Opti although second half will not make up for the very poor first half figures, so nothing sinister and suspect it is more to do with the production of two sets of accounts rather than one

Promising comment in the Croda RNS today
"Our 'big bet' projects are reinforcing our leadership in formulation science and harnessing the potential of biotech, alongside our conventional chemical technologies. In formulation science, we are developing a greater understanding of the impact of our ingredients on wellbeing and self-esteem through neuroscience research, and are sharing our expertise with customers through our new Formulation Academies. We are scaling biotech, with projects to develop more sustainable actives and bio-based fragrance ingredients. R&D here is led by our five biotech laboratories, mostly established through technology acquisitions over the last decade. Candidate technologies are then scaled up at application laboratories in Paris and two UK facilities, before being taken to market by existing business units. Beauty Actives is launching novel anti-ageing and anti-dandruff ingredients developed in this way."

Concur TalkingSense, with the acquisition of the final license giving ecr 10km of DMS at Creswick, where only 300m of the 10km has been drilled, this really could be a company maker especially after the recent rock chip grades at Brewery Lane "Insitu rock chip sampling from two accessible underground locations at the Brewery Lane property (EL006184) and Mills Reef East (EL006713) have been completed.Highlights include 0.7m @ 189.42 g/t Au and 0.4m @ 86.51 g/t Au from (EL006184); 0.25m @ 441.23 g/t Au, 0.15m @ 140.83 g/t Au and 0.25m @ 24.92 g/t Au from (EL006713).Widths of reported grades are close to true width.Ground work continues through newly acquired tenements towards Ballarat." Worth considering that there has been Historic production of up to 2.5 million ounces from deep leads- Source not identified, and ecr believe the Source of gold comes from adjacent veins and estimates that there are Up to 11 million
ounces to the south - Ballarat area.
Also, the rock chip samples support the potential for exploiting the Deep Leads using more modern mining techniques
"The productive deep leads of central Victoria are estimated to have a cumulative channel length of around 750 km. The actual total recorded production from the Victorian deep leads is estimated at 165 tonnes of gold, mostly between the mid 1880's and the early 1900's. Most were mined by underground methods and due to intense water problems only a small proportion of the potential resources could be exploited."
http://portergeo.com.au/database/mineinfo.asp?mineid=mn805

Thanks for posting martinu, and I have watched it and the only mention regarding Optibiotix Health is that it is bouncing back quickly.
Probiotix Health sounds very promising and sticking to the facts as opposed to SOH speculation sales:
2021 = £1.1M
2022 apparently +30% up which I make £1.43M
In 6 weeks under the new CEO Steen to mid Feb 2023, already £0.5M sales achieved.
In response to why AQSE, purely on cost as would have soaked up £1M of the £2.5M to float on AIM as opposed to £330K on AQSE. Intends to move to AIM after 18 mths unless a decent offer is made to buy Probiotix Health from a Partner.
SOH has bought share in PBX in addition to the £0.5M he has put into Opti and intends to add to his holdings once Markets allow.
One other observation, SOH stated his 2 month handover to Steen who he described as a dyed-in-the-wool salesman, has now concluded enabling to concentrate on Probiotix Health, which probably explains Rene's departure where at least there will now be one less Director's salary to pay for. Also, whilst PBX remains on AQSE then it will prevent SOH from selling down Opti's near 50% stake in the company.
I understand the pessimism from LTH's who have held the stock through thick and thin but you must recognise how undervalued the company is on its asset holdings alone, that we have been told that Prebiotix sales are "bouncing back" and despite the scepticism regarding the launch of sweetbiotix, Opti has received an annual circa £123K royalty payment from its US Partner who has persevered through to an Optimised Final scale-up and paid its own costs to achieve it so it will happen

chilting, Ceres does get a mention on the Weichai website but has been wrongly translated back into English as Helios UK whilst engineers are described as Doctors; Bosch on the other hand does not feature
"In May 2018, Weichai Power made a strategic investment in the world's leading SOFC technology company Helios, UK, and became its largest shareholder. Weichai has invested a total of 2 billion yuan, and the two parties have established a research and development team mainly composed of 100 doctors. After 5 years of hard work, the engineering breakthrough of SOFC technology has been achieved, and the key core technology of the new generation of SOFC has been fully controlled. The product released by Weichai this time is the world's first high-power metal-supported SOFC. The net power generation efficiency exceeds 60%, especially the cogeneration efficiency reaches 92.55%, which is the highest in the world among large-scale SOFC systems."

Curious why no mention of Bosch, does that mean the Chinese feel they can go it alone without them?
Reminder of the 3 way deal originally announced " A three-way system JV ("System JV") will be set up for the development and manufacture of solid oxide fuel cell (SOFC) systems. Bosch and Ceres will licence their respective SOFC system IP to the JV for mobile and stationary applications in China and will share royalties from the sale of products. Weichai will be the majority shareholder. Ceres will hold a maximum 10% share with Board representation. Its investment over time is likely to be around £20 million, to be finalised in the detailed agreements."

As you need 750g sugar for every kg fruit a sweetener derived from monkfruit would be a perfect replacement for sugar in tomorrow's jam so let's hope so