Member Info for bumpingalong

Revenue/ profit is the short term aim - one day we will find out if we have any but doubt there will be any income noted in the interims

You can also look at cash in delivery which means immediately on delivery.

When did dennis talk about out cash flow positive ? Was than not back in 2024 ?

They did Stephen but this was all allocated for various machinery and equipment. I cannot see what amount was kept aside for day to day operations.

We also have the loan of £300,000 due to be repaid at the end of April but I guess that will be rolled over for another 6 month on stupid interest rate and arrangement fee……unless an off take deal is announced with a prepayment

Really hope it’s not a placing at 1p being forward sold. We still don’t know if we are generating income and spending a load more on what will soon be double shifts

Dennis know he hasn’t been totally honest with the state of play and the more he talks about tomorrows jam being into question the trust investors put in him

Now is the time for dennis to clarify what is ACTUALLY happening and what they hope/plan for

This is the lest any investor would expect, especially those who bought into the placing at 1.5p and need a 50% return to break even and that before the dangling warrants at 2.5p that expire later on in the year

Tend to agree Gord - we were led to believe they were producing and selling but in the accounts the pre-payment for HMS was converted to a loan with no earlier indication that we were not able to meet to product specification. we don’t know if this low is repayable and if so when or will be repaid by sale of product in the future

Could the fall today mean they have spent all the raised cash and are looking at a 1p placing.

Don’t know about the above loan term, loan from our favourite shareholders is due to be repaid 30 April 26.

dennis does have the answering to do

Agree Bobbust but how may times have we heard of contract and deals over the weeks, months and years. It’s all talk and no action until such a time as they come out either a signed contract for a specific quantity and of a quality we can actually fulfil

A long RNS padded out with nothing new.. still spreading the jam tomorrow

Futures indicate oil will open up 15%

Pretty sure it was in relation to a different stock and someone trying to ramp it on the KOD board

Oil futures indicating 9% rise in oil price

Not quite sure how much oil and gas will rise - OPEC+ meet tomorrow and there is talk these they are going to increase output 4 times more than planned to try and stabilise markets.

Glad I didn’t top up on fall In the week. Expect all airline carriers to plummet Monday as Middle East conflict drags down sentiment

Love your optimism - don’t knock poster who highlight the positives and negatives - we are all here for the same reason

How many times have we heard this time next year 😂 for me, the next 6 months are pivotal

- loan is due to be repaid in next 6 to 8 weeks or do we negotiate another excessively priced 6 month loan from our friends with an arrangement fee and high interest

Another month closer to warrants expiring

Still don’t know if we are actually selling any HMS or have an off take agreement in place

No word for months on the regular diamond auctions - are they not selling or haven’t we found any

No word this year on Aftan despite something that was meant to be close back in November

Non of this is new - everyone just patiently waiting for an update for for some (including me) patience is running thin and time is running out

Jeffrey’s upgraded target price from 230p to 250p may have contributed to the rise today

Lots of missing gaps to fill by dennis and clock ticking

Down 50% from last April

50% needed to hit placing price

150% to hit warrant price

Share is like watching paint dry

Clearly hadn’t learnt their lesson otherwise accounts would have been completed and filed on time.

Timeframes have never been something Iron have managed to achieve in the last decade - let’s user if we get and update this week

With all respect megapixels there was an expectation that the account would be filed before the end of January before a further delay.

I suspect that following the flooding a lot will be kicked into Q2

Still hope for an update on accounts and the ongoing offtake agreements before the end of the month