Member Info for bigbadbob79

If Eyasi was a better prospect then surely they'd drill that first?
The seismics will give a better understanding of where the best drill targets are.

I'm a happy holder here. I won't be topping up, purely because that would break my own rules on not having too much in one basket, but I think interest will only rise through to spudding in May and then we cross our fingers and hope they hit the right spot.
I agree the drilling company accepting part payment in shares and the bigger drill is positive news. Company seems to be cracking on at pace and keeping shareholders updated so all good at the moment.
As with any exploration play, there are risks you don't find what you're looking for, but the potential reward here is absolutely massive.

Market abuse/insider dealing if rumour if true. That sort of thing has consequences for whoever is the source of the leak.
More likely just part of a Twitter P&D crew tactic.

Being spammed and ramped all over Twitter. Just the latest cash shell being pumped hard.
Maybe this one will turn into something good, might be worth a few quid in the pot.

I read the prospectus and other documents via Primary Bid before the IPO and didn't really like it. I though the pitch very confused - talked about the target market being relatively wealthy and with a high disposable income, then later pitched their meals as a budget value proposition. And later still compared the £/kg price of their meals versus competitors - actually quite expensive due to small portion sizes.
The business doesn't make any money.
They don't make the meals themselves, it's all contract manufactured. So basically anyone can copy the model.
There's nothing unique about their meals other than they aren't frozen or chilled. I guess this makes them easier to send to people, and cheaper to store but the end customer isn't really going to give a fig about that.

Was round at my parents house (in their 70's, so target demography), Times open on the table which I was idly flicking through, advert for Parsley box. "Ugh, don't they look horrible?" says mum unprompted by me. To her it's synonymous with the Wiltshire Farms Foods mush she got served in hospital.
I think the affluent are more likely to go for something like Mindful Chef (though may parents scratch cook everything, always have and I think always will).
It's just ready meals isn't it? And you can order up very nice ready meals from the supermarket if that's what you want.

I think actually they should be targetting the outdoor pursuits market - can see a market for stuff you can take on a camp or long distance hike that doesn't need to be kept cold. Smaller potential market, but you could achieve much higher margins there.

I think a takeover is a real possibility here if the share price stays stuck in the current range. I expected a fall back after Tuesday, but was hoping for a new trading range to be established above the recent level. Alas that appears not to have played out.
It does look like a big sell went in today - bigger volume on the gap down.
Thing to remember is that the company is generating around £1m/month cash, the bank balance is increasing all the time, so the effective PE after accounting for cash will be falling for a given share price. PE of 6 is ridiculous.
TLDR loskins: I agree that it wouldn't be at all surprising to see a lowball offer for the company - pitched somewhere between today's price and last years highs. Although on current performance the market might accept a quid a share.

I don't see how you can use AI to get an edge in solving a problem that by design can only be solved by brute force?
And even if you could, long term the edge would disappear because everyone would do it, so the difficulty would simply increase to keep the 10 minute block interval.

Maybe there was no justifiable reason other than hubris for the highs?
I have a (very small) shareholding here. having previously sold out for a modest profit on the way down from the - for which I took a lot of flak and p-taking. Nobody laughing now.

Did alright with CBX through PrimaryBid.
ROO is tanking because the business makes no money and there's little intrinsic value in delivering luke warm McDonalds on a push bike.

Placing shares I reckon. They certainly didn't buy them off the market as the volumes weren't big enough for that.

Company may well have prospects, but too many pumping it on the basis of this bond restructure which isn't all that material. In any case the bond restructure is all but approved anyway and the market has known that for a fortnight. Tomorrow will not be rockets and booms.

It didn't, it fell from 0.76 on 8th March to 0.6 at close on 15th March.

IF they can't raise funds you o not get market cap back. You will get whatever cash remains minus liquidators fees etc (eg sweet FA) or the shares are permanently delisted and you end up holding worthless illiquid shares that you can't sell. Again, sweet FA.

Best of luck to anyone jumping in now.

This is being pumped to the sky on Twitter, and it's all a bit silly IMO.
The price didn't rise in anticipation of the pervious meeting, and the proposal doesn't fundamentally change the indebtedness of the company, just replaces some cash interest payments for share and kicks the redemption can down the road a bit.

Why on earth was this trading in the 20's at the end of last year when there was a 47p dividend about to be paid??
Nice rise today for holders, but a bit risky as an entry point now I think.

Being pumped on Twitter.

I've sold a few today to book some profits. Don't like the look of the price action today, and I'm not sure how the market will react to results on Monday. WE know the results won't be indicative of the business today, but still potential for a negative reaction I think. If I'm wrong and my remaining holding bags a few more times I won't be upset, if I'm right at least the hit is less than it would have been and there will be an opportunity to get back in at a lower level.

Miner one is completely inconsequential. They might as well leave it dumped in Slovakia and start again with new kit, if they really are going to jump onto the bitcoin bandwagon.
I said at the time this is a no hope lifestyle business for the directors, nothing has happened to change my view since then.

Nick Lee. I never, ever buy anything with his name attached to it. Same record every time, loads of hopes and dreams, investors buy in ready for the great reveal of.... some tumbleweed drifting across the stage.
I see his other vehicle RGO, AKA Paternoster Resources which delivered FA value for shareholders being pumped now.

AMT how to Mode make money from the super app? They must be charging a fee to the merchant?

Kind of hard to get a loan for exploration work though.
I think the deal with the drilling company is a good one, hence bought in this morning. Essentially we get the third hole drilled for no cash cost, and a fourth hole drilled in exchange for shares that aren't going to at an outrageously discounted price.
I should have bought yesterday, but I don't think the price difference will matter too much longer term. Company seem to know what it's doing and cracking on with things. It'll no doubt go a bit quiet between now and May, so if the price slips I'll be adding to my holding.