Member Info for Argylerich

I think the fact that Sproule are having to do a CPR for a "proof of concept" situation, with so many additional overlying zones, all whilst during a time of sudden increased demand and covid absences, can only lead to a longer consultation time.

Why on earth would would another placing be needed when the acquisition is generating enough cash to pay for itself within a year and leave money over for drilling!
Bonkers.
You've started your weekend early Setanta :-)

Can only see the delay as being positive (can understand nerves but they've got no connection to what's underground!).
If there was nothing to report back on, the report would have been completed in January!
Topped up another 100k to take advantage.

If you read the detail of the RNS's it's no longer the 'dollar shave' for everyone to use but it's being developed into a 'point of care' medical testing device.
from TU 11.01.2022
"Microtox(R) BT equipment was re-designed to deliver a portable medical device, mobile testing unit to process breath tests at point of care. Regulatory approvals for human diagnostic equipment are evaluated on final test equipment that will be used on humans. Therefore, roll out of the breath test is subject to meeting the satisfactory requirements of EU Regulatory approvals which will be carried out on the latest version of the Microtox(R) BT units. Further information will be provided in a future update."
This faces a long period of development/trials/development etc if it's to qualify as a medical device.

Totally agree with RB40, an unnecessary distraction like the BT. More spending meaning more borrowing and more share dilution.
They should be concentrating on sh*£ and skin until they have the surplus cash to do this kind of thing.

Unfortunately the nature of a BB is that the info gets buried time and time again.
GB has certainly attracted detractors but irony is that these serial complainants actually lose credibility by not being upfront and honest.

Vasc, bang on. There's a long history to MW before GB came over the horizon, most of it failure.
It seems that some involved before GB blame him for their downfall which really defies any logic to someone like myself who's been watching the MW farce since 2009.

Muggins you seem obsessed with how things are doing since GB took over whilst (not sure that you actually do) supposedly just carrying forward a ghost share holding from MW.
MW went from £1 to 1p while you were supposedly a shareholder, I don't remember you complaining???
MW went through 5 dilutive fundraises between 2017 and 2019. I don't remember you complaining???
MW spunked £100m of capital. I don't remember you complaining??
Now you just spend you time picking holes (more knowledgably and eloquently than gwoods I grant). It sounds more like the bitter resentment of one of the MW membrane division who felt so betrayed that GB didn't carry through on the initial negotiations to take the whole of MW or just buy the monitoring division.
Seems a sensible move from GB seeing as the membrane side was the reason for all those losses in the first place! And you it seems were likely part of that problem.

More rabbit than Sainsbury's....

There's nothing solid at all until that trial completes with an opening of an order book.
Then and only then, does this company have a future. The prospects for which will likely long be discussed against the costs and dilutive effects of the funding.

Bang on Nu.
I would hope that the Msys acquisition won't be done yet, as it's not essential and we certainly don't need more dilution.

So T.Rat you supporting someone who entirely posts negative about dvrg now? LOL

Oh dear rocket, it was me that called them out, just like saying T.Rat was a weird sycophant.
Do people only understand things if they're in binary these days?

My lord, careful T.Rat, that must of been hard. Take a moment and sit down old chap.

As for Gwoods, why don't you do as you tell others and trawl through his posts, there's only 200 odd instead of 1500+ ;-)

T.Rat, simple question... are things on track or not???

The reality here is that the big change came with the Cork facility (still actually flagged as the Euro assembly centre rather than global).
Today's addition of Glanaco is just another step from that and is logical too as the demand guidance from potential buyers seems to be guiding towards a van based iteration of the current 'Phd student down a manhole' scenario.
Totally agreed I too thought that they'd try and swallow MSYS and I still think they will.
For now it's all on the trial results/potential orders from and with GB buying today there's nothing in the pipeline from that or anything else in the short term.
It's good that they've managed to put this together for sure and I can't think of a better solution considering the circumstances.
As you say, interesting times and time will tell.

The irony was Stu that DVRG was supposed to outsource everything and take a margin from a bigger prize without having to finance the production themselves.
It's a complete 180 spin from the original plan. Obviously it needs to be done so they're doing it. How it will turn out, who knows..

No T.Rat I did not skip past anything, I just don't see in binary like you.

Iteration 3 is the final PD product as the slide shows starting manufacture at 100+ from February not April.
200 units a month doesn't simply start from nowhere in April (or now end of Q2.....)
The 'mass manufacture' was scheduled to be ramped up from February and it simply hasn't happened. Admit it can you?
If it had of, we would not have Q1 production orders of only £5m would we! There would have been at least 200 PDs factored in to those orders and they're not there, simples, mass slippage.
Instead we get GB celebrating putting 5, yes 5! PDs into vans instead of 200.
And yet still you can't raise a critical eyebrow.
Ho hum

Page 9, iteration 3, February 2022, more rose tinted binary again T.Rat :-(

Bringing information to the table should never be viewed as party pooping thanks Altus.

Unfortunately we seem to live in a digital binary world where people think that anything that threatens their rose tinted view is to be attacked rather than cogitated :-(