Member Info for buzzthomas

Another issue nobody has yet mentioned is that Ilika's batteries need to be re-charged. The batterty might be small but the energy harvester surely has a much larger footprint. I've not seen Ilika talk about the energy harvesters. Why? Anybody?

Cirtec deal ain't that good. I believe first business lesson is never, ever grant exclusivity to just one company. Also no upfront cash element or licence fee as far as I can see. Ilika just saved themselves some cash by out sourcing. Share price will probably get a bounce higher by the headline however.

Did anyone ask at the recent investor meets where the sales forecast set in the presentation a few years back disappear to? Those forecasts seem to have gone up in smoke. Is that the real reason Ilika is trying to transfer operations to Cirtec ?

I was in Sardinia Italy in 1990 and there were wildfires then. Not a word mentioned.

Anyone else having problems getting into the online meeting?

AMTE Power likely into administration tomorrow. Just another "green" dream swimming with the fishes I reckon.

Commenting on Ben Wallace departure announcement Sky news commentator mentioned Chinese supplying Argentina with arms. Wake up Downing Street !!! Oil revenues to support military in FI more important than ever.

https://dialogo-americas.com/articles/china-pressures-argentina-to-build-naval-base/

I've met and spoken to G.Purdy a couple of times and he is very hard working and dedicated to making IKA a success. It's just doesn't seem to be working for IKA despite all his efforts.

Buffit, I bought 10k shares two days ago which showed as a sell too.

Why rock the boat seizing Italian assets and firing up the environmentalists possibly putting pressure on the panel's final decision in Q1 2024 . Also as mentioned earlier costs to sieze might be wasted if Italy argue to the courts that no final outcome of award has been declared yet.

Fuey, yeah on second reading I think you are probably correct.

Is it to early in then morning. To what does point 3 costs refer to?

If I were RKH I would wait until the the panels decision in Q1 2024 before making any further move on Italy. ( I don't see/like why the panel have added points 2 & 3)

I don't like today's results one bit. I can't really see anything positive. This snippet from the results speaks volumes :-

Turnover

Turnover, all from continuing activities, for the year ended 30th April 2023 was £0.7m (2022: £0.5m). This includes £0.7m of grant income recognised from four projects that the Company has in progress with Innovate UK (2022: £0.4m from seven programmes). Non-grant turnover in the year was £0.0m (2022: £0.0m).

If interest rates hit 7% we could see PSN trading at £5? (first time buyers priced out of the market)

Trading statement pulled today?

That may well be correct but it still doesn't explain what's the point of arguing the stay then.

McCloughry, I don't understand whats the point of arguing the stay if you aren't going to go after the money immediatley.

Chessmaster1234, the FINAL decision is in Q1 2024. Comprehend !?

Chessmaster1234 , I'm sure you know the final arbitration hearing is set for Q1 2024 but you've decided to tell everyone twice now that :-

"especially when they realise they cannot be monetised until after Rkh have won the annulment case in 18months. "

"As for your OM question, we all know that no cash can be had until after annulment has gone in Rkhs favour and that won't be known for another 18months, so pretty pointless question at this stage of proceedings."

Why are you doing that?