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A nice to see RNS this morning. Aero working slowly and surely behind the scenes to get the work in. They were at the UAV show in London last week so would expect they are following up a few leads there too. I was impressed to see from their twitter that they had 7 teams + data team + 2 pilots at the show all deployed simultaneously. Everything starting to fit into place for Aero.

Anyone for GovTech funding? https://www.gov.uk/government/news/new-support-for-tech-to-boost-public-sector-productivity http://uk.businessinsider.com/uk-government-20-million-govtech-catalyst-fund-startups-public-sector-2017-11?r=US&IR=T http://digileaders.com/uks-20bn-govtech-opportunity/ "GovTech � for those new to the term � refers to technology that solves public sector challenges. GovTech companies listed in the Public 100 provide services ranging from helping to manage flood protection, to using interactive profiles to help children learn languages."

@mcadder lol, Just realised; Sometimes great minds etc ... :)

fascinating read: https://www.pwc.pl/pl/pdf/clarity-from-above-leveraging-drone-technologies-to-secure-utilities-systems-pwc.pdf

You old Luddite Burningspear, Nobody uses cheque books anymore :)

Published back in March but still an interesting read on direction of tech innovation at Severn Trent: https://www.waterbriefing.org/home/technology-focus/item/13742-severn-trent-%E2%80%93-cutting-edge-digital-technology-is-transforming-the-business "New drone technology is also being used to inspect assets - applications including asset inspections, leading to savings from absence of scaffolding and minimised health and safety risks. Estimated inspection cost savings of �300k per year and the utility is also currently exploring other uses, such as checking that treatment processes are optimised."

@Burningspear, I guess those investments haven't been doing too well. I'd put that 20 quid on Aero if I were you :) Yes, it's a 4/5 bagger to the warrants but the SP is so low and the share so volatile on spikes it has every chance of hitting it. Everyone, even those that are negative on AERO seem to agree drones are the future. If they hit break-even without significant dilution the downside risk of this share will be drastically reduced and i can well see investors piling back in again. GLA DYOR

Agreed Mcadder. I had a littler top-up today. Feeling confident that over the next 12 months we will be in a much improved position. Looking forward to seeing those business plans for expansion in Malaysia and other places. I can see this becoming a pattern. 1) Establish training partnership 2) train pilots 3) Employ the best in off-shoot businesses. 4) Data processing centralised though DDM.

@wordog. You do realise you are reading the wrong value :) 0.0025 is the change today not the SP. SP is 0.06

Agreed Maidit308. Just for fun what do people think they should do if they has �3,487,500 in cash? Stick with the Organic growth, or go straight back into acquisition mode?

Don't think they will have too much difficulty paying off any loan. Lets say they borrow 300k at 10% (to keep the figures round). That's 30k they need to find to service the loan. If they break-even and with maybe a contract win or 2 in the next 12 months they could hit the warrants @ 0.225p. See the bit in the align report about this: "Warrants exercise provide further catalyst Alongside the recent placings Strat Aero also issued a total of 1.55 billion warrants, exercisable at a price of 0.225p per share. Should the company successfully drive the business towards break-even in the near-term, we see the potential for the shares to rise towards and above this level, and thus for the warrants to be exercised. If all are exercised then the company will receive an additional �3,487,500 in cash, with the number of shares in issue rising by 79%." GLA DYOR

If they want real investor sentiment to return they need to break the cycle of placing after placing and show that they have belief in themselves. They need to show the market that the company has turned itself around and is on the way to recovery. The initial loan from Farina was at very high levels but it has successfully been negotiated down now. I do not anticipate Farina will be the only funding source they could go to, and I think they could get a reasonably competitive loan but it all does depend on how far away they actually are from break-even and how much they need to borrow.

@Burningspear I expect they will look at lots of options but they might well start with Farina who supply their current loan provision..

Glad to see they are working on the cost cutting too :) https://twitter.com/Geocurve_Ltd/status/928914980271017984

No placing required. I'd say the delay since the AGM with no action is because they are looking seriously at debt funding options rather than dilution. GLA DYOR

I'll give you a thumbs up for effort Schaden. You really don't like Aero. Have you bought any yet? :) Here's your thumbs up: https://www.miaoli.gov.tw/upload/file/201706190801205327183829.jpg

Areo are partnered with I-Coach in China. It's another master franchise deal. "I-Coach (Hong Kong) � Master Franchise Agreement with Hong Kong based I-Coach, to roll-out Strat Aero's proprietary UAV Training Programme and capitalise on the rapidly growing base of UAV operators in Hong Kong, The People's Republic of China, the Taiwanese Republic of China and Macao � Under the terms of the Agreement Strat Aero will receive a sign on fee, annual recurring fees based on student numbers and other standard franchise terms in return for granting I-Coach the exclusive rights to operate its training programme in the above named territories � Target audiences to include commercial enterprises which want to add UAVs as a new tool to improve their business, private aircraft pilots and private UAV owners"

http://www.chinadaily.com.cn/business/tech/2017-10/26/content_33719793.htm

Zak Mir‏ @ZaksTradersCafe 10h10 hours ago More RT AlignResearch "Encouraging new contract win at Strat Aero out this morning. We have a Spec Buy stance - http://www.alignresearch.co.uk/strat-aero/strat-aero-2016-results-highlight-progress-towards-break-even-beyond-speculative-buy/ � #AERO"

@Med_is, "Our stretch goal this year is to achieve operational breakeven by the end of 2017, recognising that this presents a significant challenge, given the starting point and that it may be that this is not achieved until the first half of 2018. We have made substantial progress towards this but we also face the inherent cyclicality of our revenue and cost cycles."