Member Info for closettrader

They’ll buy your shares at 5.85……. looks like they want them

A great update statement from CPX's Chairman last week. In case anybody missed it some excerpts follow:
- Despite being in a 4 month lockdown, Q1 sales have again been strong - up 25% on same period last year
- New factory in Sydney now operational
- Sales order book remains strong and the Company remains on track to meet market expectations
- Demand for thin prismatic supercapacitors from IoT markets is growing.
- In addition to the sales orders already we have received, we are seeing strong enquiry levels for supercapacitors for IoT sensors, drones, microgrids and metering.
- Operationally we are actively looking to add more technicians to accelerate the pace of improvement and product development at Seven Hills
- Production from our contract manufacturer, Nationgate, is now recovering strongly, as Malaysia also comes out of COVID lock down. Nationgate has been adding staff to its CAP-XX production line which has increased output by over 25%.
- We have installed a new enterprise resource planning system which has gone live and is designed to enable CAP-XX to cater for significant growth. We expect to see further benefits from this going forward.
- On the licencing and litigation front we are waiting for the Delaware Court ordered mediation with Maxwell Technologies.
- Cash reserves remain strong at A$2.7m with no debt and our R&D tax rebate of A$3.2m is expected in the next two months. The cash burn rate continues to decrease.

All this in a Company who's share price has declined from 14p to 5p in the space of 10 months in a sector which is expected to experience significant growth worldwide over the next few years.

Can't buy a bean.........in anticipation of a good update tonight maybe

Can't buy anything at all on Barcs..........looking very strong

Directors already own 33% of the Company..........and the new CEO, and other Directors, have options at £1 a share............!

Moving quickly............

...and forgot to mention that the new CEO has options over 2m shares .......at £1.00 per share......!

Commercialisation of cancer vulnerability test due to start Q4 2021..........completed move to far larger premises at end of Sept 21......share price driven down..........Directors and ex-Directors hold 33%.........other significant shareholders total 35%...........only 94m shares in issue.....these will be hard to get hold of once the upward move starts.

As new CEO, Jon Burrows, stated in their recent RNS: Dr Jon Burrows, CEO of Oxford BioDynamics, said: "With OBD's strong growth outlook, our move to this larger, purpose-built facility is key to the execution of our strategy. It is important in particular as we prepare for commercialization of EpiSwitch® CiRT - our Checkpoint Inhibitor Response Test for cancer - in Q4, and with respect to our recent FNIH PACT award [3]. These are linked to the immune-oncology interests of the pharma industry, which has generated significant attention, and we expect more activity from these groups.

Larus ...... any apology then?

I wouldn't normally respond to ignorant insults....but on this occasion I'll just copy part of the RNS announced on 4th Oct on ASX:

Aura Energy Limited (ASX: AEE) TRADING HALT REQUEST
In accordance with ASX Listing Rule 17.1, Aura Energy Limited (ASX: AEE) (the Company)
hereby requests that its securities be placed into an immediate trading halt pending an
announcement in relation to finalisation of an offtake financing agreement.
The Company requests that trading in its securities be halted until after the expected
announcement is made or until the market opens on?Thursday, 7 October 2021, whichever is
the earlier.

'Offtake financing agreement' to be announced anytime before Thursday......and the chart looks good for a recovery back to the 20p + area.......

Just to say that 'Massive' is a geological term.....it does not refer to the size of the resource.......

The Kilimapesa gold mine was previously owned by Goldplat as part of its African gold portfolio but for every year of its 12 year operation it always made a loss (in 2019 it lost £1.6m!) - it's highest gold production was in 2018 (5100oz) but even then it recorded a loss to the group of £892000.
Goldplat upgraded the old processing mill through stage 1 and stage 2 upgrades but wasn't prepared to go it alone for the stage 3 upgrade and looked for outside investment. It was offloaded onto Caracal Gold (GCAT) in April 2021.....who are talking big numbers....fingers crossed it can turn Kilimapesa around........

....and 4 x 1m share trades just appeared from this morning.....big money going through this stock

Top of front page in today’s Times: https://www.thetimes.co.uk/article/switching-to-salt-substitutes-could-save-thousands-of-lives-landmark-study-shows-hzw8dtc68

Have been here years and maybe clutching at straws....but could this be the reason for the increase in share price...from today's Dhaka Tribune: https://www.dhakatribune.com/bangladesh/power-energy/2021/08/23/new-deal-with-chinese-company-likely-to-raise-coal-price-for-barapukuria-power-plant

In this article it states: 'He added that the Barapukuria Thermal Power Plant has enough coal reserves to last till January, and the current contractor would be able to ensure more coal before the reserves run out.' Perhaps Phulbari is the target for the Chinese company XMC-CMC that has an agreement to supply coal to the Barapukuria Power Plant. ..........

If you have today’s S Times then look at Money section p11…… and don’t be so f……g aggressive!

Capita is not mentioned specifically in the text which just makes general comments about the increase in numbers of takeover bids…..for the 20 companies Canaccord used its Quest valuation tool which applies ‘a leveraged buyout free cash flow yield’….. these companies don’t tend to have any debt and have cash on their balance sheets……’

Capita listed by the S Times today in a list of 20 UK companies as possible attractive takeover targets……

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