Member Info for cristalball

- £10m contract
- £100m angel investment
- takeover bid from a multinational
- major award / prize

CPX did a 6 bag when they announced the “thinline tech”. Why can’t we have a little bit of good PR here ???

I think we are good for this calendar year at least . But… a few options I guess . 1/ raise now - unlikely but the SP is 6x where is was a couple of years ago so I wouldn’t be that bothered . 2/ wait for BFS and raise at a likely higher SP - bearer 50s . 3/ we might be taken out long before we need financing. 4/ lend against BFS . That’s what it’s there for . 5/ take loans from Talaxis / other to tide us over with OpEx until production. 6/ farm out Thambani et al and sit on the cash until production.

Afternoon all. This is very Interesting. 63% held by Jim Mellon via Burnbrae - the guy is no mug. I always look for microcaps that have: 1) Cash (or don't need to raise funds via the bucket shops) - they showed $3m USD at HY - just moving into profit, 2) active opportunity / game changing news on the horizon (clearly the US is a land grab right now) and 3) Director skin in the game - as above. i would rather have got in around the 2-3p mark - i'm never one to buy in after a rise - but with a 1:1 Revs to MC ratio and the above factors, it's a yes from me.

I've taken 100,000 in 4 chunks. very hard to buy, not a lot in free float.

WillHunting - that was my final stake (10% ish) at 110p as i recall. The majority went around 150-200. i couldn't care less about 150% - my biggest holding is MKA, held for 5 years, average of 5p- currently 30p and likely to double before the year end. Believe what you like. If you bought in here above 150p you are a sheep / mug - regardless of what the SP is at now and you wont make money on AIM long term. bye.

Vegas - correct, but I sold because the company was overvalued for what they had achieved, my 3 year target was hit within 3 months, and management seemed unable to deliver on their promises. All three points are still true today. I am still checking in, because this is like watching an ex girlfriend who got fat. Also i pay my membership so will do what i like, thanks.

i exited in various slices, over a period of a few months. Please don't call me an idiot if you don't know the difference between "your and you're". The irony is too strong. Also, pretty certain i had the lowest entry point on this board (which you can check in my posting history), so frankly i made a 10x bagger and you lot are clearly not viewing the situation objectively. The only way to make money on AIM is to buy low and buy value. Why anyone would see a positive risk/reward ratio at the current SP is beyond me.

A 5 minute saliva test with >90% accuracy was supposed to be out there by JUNE 2020. just take that in for a moment.

Lateral flow tests are available for free in the UK, i assume elsewhere. AVCT really missed the boat on this one. Could have made billions. I strongly believe that this will return to enterprise value before the end of the year, which is probably around the sub £1 mark. My most profitable stock buy of 2020, being in since 16p - exited 150-200 range. But totally overvalued for where they are and what they have. Shame.

On a risk / reward basis they probably were nuts . Long term, it’s just terrible value.

Eric - what am I lying about ? Posted when I bought, gave my opinion on the company and lack of progress when there was a captive market , and then when I sold. How exactly does buying at 16p and making 10x on investment make me a clown . The clowns are those buying after the rise , expecting a 500m MC company to do another 10x ( which it won’t) and then ramping daily - whilst making zero returns . I guess you read the tips section in the sunday papers too . :-p

What do you mean we will win in the end Munchbox? LTH already wining, this is 5x my average buy in price.

Malbright - Don’t forget the cash burn historically has included drilling and cash intensive activities relating to the BFs . Once this is completed the rate will massively slow down to admin only . We have plenty of cash for a couple of years.

Brilliant posts Nig.

It’s unlikely we will be getting an RNS that soon . BFS always scheduled for H2. The recent rise is just acknowledging how undervalued we are vs peers - RBW / HAS etc , and the market realising that we have three or more interested superpowers.

It's to reflect the CEOs warrants.

I would be very surprised if there was . We have been trading at around a third of the market cap of our peers for a while - this action today is just a response to the meeting . Could take months.

6 years veggy? TSX? We are coming up to the 5 year anniversary on AIM

Zak has nothing to do with this rise. Bloody marvellous .

200 billion euro company who operate logistics in Malawi and are stated to want to get involved in clean tech?

Don’t forget chaps we still own 51% controlling interest . I would assume from the fact we are meeting with such heavyweights, there is some sort of exit clause - which means Talaxis can’t enforce the mine funding on Mkango , earn the additional 25% and secure the offtake. Let’s face it, whoever controls the offtake holds all the card. This is absolutely game changing . £1 new target. Likely this year.