Firering Strategic Minerals: From explorer to producer. Watch the video here.
One look at this fellow Tom Winnifrith's bio shows that he is complete joke.
NickE, perhaps it is the turn in interest rates they are waiting for. With the way the UK economy is going it shouldn't take too long...
There are very few IPOs being brought to market across the board. It is not a Microsalt specific issue.
To put it into perspective people are disappointed that revenues aren't more like 0.7 million and are only 0.4million. But BELL have recently announced orders for $15 million and a royalty deal for minimum $55million. Thus, the H1 miss is chicken feed in comparison.
I don't think the low revenue for H1 2023 have much implications for the game changing news BELL have released in the last few weeks. I have a lot of confidence in Innomax to deliver on the numbers.
Should be an interview with Bob dropping shortly so watching out for that.
I agree Agricore, you can't really value a company like TEK based on balance sheets or income statements. It is about technology and the potential/ability to leverage that technology in the future. It is a play on your confidence in the quality of the management team and the appetite for this technology, often in markets which don't currently exist.
I don't think there is much debate that the size of this market is considerable. It is who will come out as the winners and who won't make it. That is why this latest agreement is so important. A really positive sign.
Https://www.---markets.co.uk/articles/guident-s-year-in-review-advancing-autonomous-vehicle-technology-and-a-growing-sales-pipeline-8419fb8/
Nice post TopCatz.
I have filtered quite a few people on here :)
So, if i don't reply that is probably why. I mean no offence.
The reassuring thing about Guident is i feel that it is a favourite of government authorities. They seem invested in making it succeed. With the right news Guident could be worth £100 million over night. It has already built up the infrastructure and expertise.
Coming shortly in a couple of weeks is the H1 2023 earnings report.
My reading is that everything is on track. They have interest for far more orders than the 6500 they agreed to take. The key thing to watch is how much they can ramp up production, so monthly production numbers is key. Getting accreditation in certain markets is also a goal.
Investors are also waiting to see if a big player comes in and buys out the company at these cheap values. The strong IP value could be attractive to a Philips for example which could also potentially scale up the operation more quickly...
Thanks Tivman.
A couple of takeaways.
1. They could have taken orders in terms of multiples of 6500 orders, but wanted to be sure they could keep in line with production.
2. The Chinese supplier is expected to potentially ramp up to 5000 a month and beyond moving forward.
So, some questioned the projections for BELL over next year and future years but it now looks like it is actually on an even high trajectory.
My biggest worry now is a takeover. BELL is way below its true value and is a very good acquisition target given technology and bright future.
Wouldn't be surprised if we are back around 100 in the next 9 months especially if interest rate cuts start.
I agree TopCatz,
I think there is a sense that driverless cars are this futuristic thing off in the distance which will never actually happen. But here it is actually happening. And it can gather steam very quickly. Like AI has done.