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Has anyone thought maybe it's not just KMK trialing these potentially market leading Covid detectors at schools/airports? Maybe THE GOVERNMENT are also trialing/watching closely to assess their effectiveness?!
You see it every time before a share takes off some LTH's lose their mind and sell at the worst possible time. The data out of Israel/UK is showing this pandemic is far from over and current vaccines don't work nearly as well as we hoped. If our detector is successful we will have world leading technology. 1000+ hospitals in the UK alone. They might all want one. Then we have airports, schools,ships,military, large venues ect ect the the possibilities are endless!! Of course if the results aren't good probably back to 10p.
Could probably do with hedging the whole lot right now tbh. Opec turning pumps on and data coming out of Israel regarding vaccines is very worrying . Looks like they don't stop the spread at all and immunity might only last 3-4 months meaning more lockdowns on the way. Ut oh. Gonna hold here regardless but won't be surprised to see oil trade at 50$-60$ again.
We get it Skid. No need to bore everyone to death. Most of us have weighed up future potential with previous mistakes and have decided it's still worthwhile. Covid infections going through the roof and we will soon (probably) have world leading technology. Clearly not the time to sell.
Chart looks primed for new highs. . Early warning signs that covid vaccines don't work as well as once thought and infections going through the roof. Everyone might be scrambling for one of our covid detectors soon enough.
Thanks NickE. I am confused why not put that in RNS. The last official RNS had bizarre lack of details, only mentioned trials being in airport and "another place".
GGG , you have made 20+ posts and THOUSANDS of words repeating an argument that could be summed up in couple of sentences. Why are you so intent on creating a negative sentiment here? We get it your ****ed of you lost money and annoyed with bod but surely you understand they rarely if ever read these forums and there's ways of actually contacting them right? Another transformational deal done at a great price onwards and upwards.
Time to stop the whinging. Yes we are all ****ed the sp dropped and significant paper profits have disappeared but it’s a fantastic deal which will result in even higher returns when the time is right.
We only got it because a 25 billion company did a massive take over and having a fire sale to cut their debt from 13 billion to 10 bill asap. Another remarkable bit of business but potential new investors reading this forum are just seeing moaning and in-fighting which puts people off taking a position.
The truth is if you have patience buying in close to 11p placing price right now after another transformative deal is incredible value!!
Many of us i'm sure where suspicious why Cenovus sold so cheap if such a good asset? This enlightening post by "Kraftdinner" on ceo. ca/ ite?39cec0afe1ea explains this very well and makes me think another incredible deal has been done.
"With regards to your question about why $CVE would sell these properties. Some others above did give partial answers, like non-core assets, etcetera, but the real reason is stated in their 1Q Report. Someone mentioned above Husky and the merger that the two companies did during Q1 2021. This caused the CVE debt to rise to $13.3B at end of Q1. This is what Cenovus stated and will give colour to why they sold this and other assets recently.
Deleveraging will remain a top priority for Cenovus in 2021. The company will continue to allocate virtually all free funds flow to its balance sheet in pursuit of its net debt target of $10 billion. At current commodity prices, Cenovus expects to approach its net debt target by year end. The company will continue to prioritize the balance sheet even after reducing net debt below $10 billion, with a longer-term target of $8 billion."
The conspiracy part of my brain says this deal was structured this way to create mass liquidity so Majid and Heath's mates can load up on the sly before Serenity announcement. You can now buy as many shares as you want at a massive discount to last week when MM's where struggling for shares and we heading for 20p+ No way Majid announces Serenity in near future now as it would look dodgy as hell. If drilling planned for next year anyway they will just leave it closer to xmas. Boring 2-3 months ahead i reckon but would love to be proved wrong.
Momentum is gone and Serenity not coming anytime soon (hope i'm wrong)I think we have a boring couple months ahead of 10-15p trading range. 20p + coming but not in near future like we thought last week. Time to forget about I3E for a while.
Might see another 10-20% in Canada today. If not today certainly this week as ite looks set to retest that 0.40 spike imo. Oil at $76 consolidating before next leg up, endless news flow on horizon exciting times here chaps.