Member Info for chique

Is this not something for an RNS type document, especially a placing

The good thing is that our divi is paid at CAD rate, as USD/GBP has lost nearly 5% this year

To be accurate it went up and then back to where it was in those days, it never just fell like it had been trading at those levels for some time

Dividends will normally be paid on a quarterly basis at an amount of C$0.0125 per share each quarter,

with the ability to increase the dividend amount based on the Group's cash reserves at the end of each quarter.

So any quarter could be extra depending on cash reserves

Also if we stay at these levels then divi will likely be higher

I see.

Then you have answered your own question.

Anyone who considers discussing the cash position of a company as XXXX is.

Why do you not engage in positive answers

Surprised POLY- now Solidcore haven't made an offer to them, as they are Kazakstan based and looking for projects there

You need to say to whom you are commenting

What is the last known cash position before the last placing. 982k?

Difficult to know what their spend has been , as cannot see it published.

One concern is if they are spending money, in the hope the finance will be available by a certain date, and it's not.

Glad I jumped in quick on Tuesday.

If they sold 10% for effectively 10 million, then it was valued at 1M per percent

Had it been worth more at that point in time, it would have been sold.

Not sure how much value is added now that 100 million has gone into it?

It says the amin finance is contingent on reports etc.

What is the way forward if they decide the documentation does not meet the banks requirements.

I am a click away from holding but this is my main concern

Quite a stake. When do you think this will get back to 100p

This software stock could double in value

Simon Thompson: Cash-generative business is investing in its sales teams to drive revenue growth

First-half revenue up 4 per cent to £1.5mn

Pre-tax profit down slightly to £0.52mn

Net cash up 25 per cent to £7.2mn (54p) year on year

Full-year guidance reiterated

Aim-traded financial software provider Arcontech (ARC:98.5p) has been making near-term investments in its salesforce, development and support teams to drive higher revenue growth in future years, hence the small dip in first-half earnings.

Arcontech provides software products and bespoke solutions for the collection, processing, distribution and presentation of time-sensitive financial market data to blue-chip financial organisations. Its customers are loyal, as highlighted by a 97 per cent recurring revenue stream, of which 60 per cent is subject to multi-year agreements.

Admittedly, lead times remain long, and some customers are cautious about embarking on new projects and increasing their cost base. That said, the sales pipeline continues to improve, not a single customer has downsized contracts on renewals (nor indicated that is their intention) and the board is confident of hitting full-year earnings guidance.

True, the higher run rate of operating expenditure will have a greater impact on second-half numbers, hence why house broker Cavendish is maintaining its full-year pre-tax profit estimate of £0.8mn (down from £1.1mn in 2024) on slightly higher annual revenue of £3.1mn. However, analysts have not embedded any new contract wins into their estimates, and see scope for “substantial upside as the company converts from a strong pipeline, and scales within an addressable market”. Arcontech has a relatively fixed cost base and generates an eye-catching gross margin, so the business benefits from an accentuated drop-through of incremental gross profit to operating profit in a positive sales cycle.

The £13.2mn market capitalisation company is also highly cash generative. It reported free cash flow (FCF) of £0.5mn in the first half, and Cavendish expects a repeat performance in the second half to boost net cash to £7.6mn. On this basis, Arcontech is valued on a 12-month forward operating profit estimates to enterprise valuation of eight times, a deep discount to peers (19-28 times multiple). The bumper 7.6 per cent FCF yield also underpins an attractive prospective dividend yield of 4 per cent, a point I made when I suggested buying the shares at 102p (‘The narrative is changing for this software small cap’, 2 September 2024).

Cavendish’s 180p target price is sensible, but converting the sales pipeline to drive earnings upgrades is the key to a re-rating. Hold.

10 - 18 was before I gave full specs

For a unit like this — especially from a top-tier OEM like Metso Outotec — the total package cost is likely to fall into the range of:

🟩 US$18 million – US$25 million

This includes:

SAG mill manufacturing and fabrication

Drive system (3300 kW WEG motor + Allen Bradley VSD)

All bearings, trunnions, gears, coupling, panels, torque limiter

Mill liners and liner handler

Lubrication systems

Erection tools and installation materials

Spare parts allowance

🧾 Notes:

If composite liners are used, this may lower both shipping and power-related costs but is unlikely to dramatically change the mill package price itself unless negotiated specifically.

Freight and installation are often separate and could add another $2M–$5M, especially if the site is remote or logistically difficult (like La India, Nicaragua).

Chatgpt gave me a value on that of between 10 - 18million new

Ahh OK , I thought I heard a presentation comment about changing the motor, he must have been referring to the used plant

The sag mill that cam with the deal cost condor appr 6.5 million and was new with guarrantee , as was surplus to requirements for another company. The specs indicate that they saved a fair bit against brand new. The lead time alone on these is quite long

Do you know the capital cost for the new mine? I have seen 153M from 2022, but cannot find an updated one, and they are using used plant. The one for 153M was the Condor Gold study and was 1.225 Mtpa. I think the plant they are getting is 1.4