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Getting Dr Blight to work with us is fantastic news, he is a top man. Did a great job for Strategic Minerals. He did a Proactive interview on 23/1/21 I am not very tech savvy but somebody has kindly posted it on the Ise SML page Monday at 23.54 would recommend a watch. He did confirm an extension of their Tin, Copper and Tungsten.
Am I wrong in thinking this is simply a golden handshake. We are bound to be paying for their services.
9 trades on OTC on Friday. Is that a record.
Queried with HL earlier they said they are working on a batch of requests for Chill and know of the deadline. Like all serious investors I hope Thursdays report and answers will start the share price moving north again. Good Luck everyone, we need some.
I am a longstanding investor with 650k shares, is there any chance I could join your telegraph group
I have not made comments before because things seem to have been progressing, but I have been a shareholder since the high days of fracking in Poland many years ago and it is starting to feel like that again. It looks like midwestern cannot pay us, the pipeline has been delayed and still no certainty if it will ever be finished, and now a very strange out of date RNS about Decklar.
I sincerely hope I am wrong but todays RNS leaves me seriously worried.
The update on Decklar is a month after they reported it. In the last day or two they have announced their agreement to take over another company with proven resources. All seems very fishy to me. I have been invested in this company for many years and it smacks of another cover up of things which turn out to be figments of our imagination even though we were told they were happening by the CEO!
Was I over optimistic todays RNS says Decklar deal not signed off. Since they seem to be moving on rapidly without our help is it dead in the water?
Since we acquired our interest in what we are assured is a world class asset it has actually earned us nothing. It is the interest and capital repayments on the loan to Midwestern which have finance our dividend which is paltry in the time scale involved and not even any capital gain. We now have two projects Decklar and the pipeline which could actually start some trading income in the short term. To me these seem far more valuable than a further 60% of a non profitable company subject to the whims of the Nigerian Government . It looks to me as though Midwestern are on the skids selling assets to keep the lights on. This has come about because they cannot repay what is due so any any buyout out should be based a fire sale valuation.
If you read the RNS carefully its states they received $1m of orders and continue to roll out to new stores so I hope this means actual sales are starting to clime dramatically
I think it means we will have to pay them!.
Check out the following RNS 28/10/20 Ox distributing customer has placed a large order for US wide outlets.
19/11/20 Distribution has started well.
24/11 AATAC agreement signed.
15/2/21 Overview item 4/ Ox distribution beta-store programme completed. At the least this would have been to 2000 stores but they said they had orders for 6000 stores. They are now working on the AATAC contract so we have to be making much better progress than any of us could have hoped.
The testing was completed much earlier . After that they announced they had received a large order from a US wide group the big rollout started last November and completed 15 Feb this year
Hi Vascular 15/2 RNS Overview item 4 Ox distribution Beta stores programme complete. If that was the 6000 stores as I hope and we are now working on AATAC but now practiced so proceeding even faster we could be getting near 10,000 outlets already.
Checking out the companies RN'S they started deliveries to the 6000 beta stores last autumn. On 15th Feb they said this had been completed 6000 outlets in four months. Have I misunderstood what they have reported.