Member Info for Arsenal786

The messaging from the board is that discussions are in place and there is confidence that there will be some sort of facility in place for it.

A real positive HY result and positive statements from the CEO about the future of the company.

4x growth in sales - and more to come.

There isn’t real positive sentiment here. We have a new CEO who we haven’t really heard much from and was expecting him to ramp up the PR instead of churning old information which we already know.

This will take several months to get some form of meaningful data from the US.

Also selling costs have increased(note 5), with peanuts income

Just a disappointing RNS when it came to providing highlights - Needed to present numbers of reps we have, and data on how they’re getting on with selling in the US.

Cashflow isn’t an issue… yet - but 8m spent on what so far??

Why present to an investor forum if the company is struggling for cash???

What are they trying to achieve? Except maybe and other fundraise

Target hit. But I suspect it may drop further. Waiting and seeing.

Where’s that guy that called me an idiot? Hahaha

...why?

1 - Now has enough working capital to get it to a point where it will in positive EBITDA territory and positive operating cash flow generation through its rolayty programme.
2 - US Launch is going to add lots of value, alongside exisiting deals which give it its foundations
3 - Underpinned by solid IP
4 - Large addressable market needs.

For me, a no brainer, and for those who came in earlier at £1+ - be patient.... this will come good.

Dont worry i'll soon start ramping once it hits 17p

Its dropping :)

Thats why i said TARGET you idiot - give it an hour.

Expecting all profit takers to sell now given the quick drop - buy price is 17p now.

Totally agree. With a ridiculous MCAP of around £30m - this should easily be a £100m+ company,

Expecting atleast 4p in the near term, ++ way more as more news comes in

although i believe that significant value can and will be created here - it wont be within the short term.

Opportunities elsewhere merit investment rather than me waiting until next year.

I will be back - (and hopefully the price wont have shifted too much by then)

Seeing some good potential here... with excellent test results from the well, which will provide a material uplift to the groups production and will deliver strong returns with minimal costs.

Mcap of £33m is ridiculous given Ebitda estimate of £10m in 2020 and £16m in 2021.

FinnCap issued a note last week, same day of the RNS, with a target price of 3.x pence. Upside of 140+%

With a caveat stating there would be significant increases in the target price if more positive news keeps flowing.

Can someone find that note?

My guess is that they'll want more cash via a share issue.

Next week... interested to see if they give us some more insight into the progression of the regulatory approvals and timelines and details of any potential partnerships in play.

Good to see an increase in the number of >£10k buys.

The positive note from Trinity is most welcome!

If you look at historic charts for this share then you’ll notice they follow a pattern, next leg is hitting 30p very soo