Member Info for Crocqman

Tks for the reply Heid.
Med/long term for much though, as you say.
Are you inlcuding any dividend from a potential sale(s) in that 3p figure, or in addition to it?
I would anticipate any asset sale dividend to be more near term, than med/long.
Ineos has been my thinking for some time now as a potential customer/buyer.

.. or the week after

Heid,
What I don't get about your 3p target (aside from it being very ambitious), is that we have had 2 placings, both with massive dilution since you first started talking about this figure.
You have never altered this target to account for the huge change in mcap this would bring about, which suggests it is just a random figure plucked out of thin air.
What fundamentals back up a mcap resulting from this 3p target?
The only real certainty (imo), is that the majority here will be long gone before it gets anywhere close to that, despite what they would like people here to believe.

Hi HITS,
The 'happy days' exclusivity period is outlined in the 30 November RNS - 90 days.
Although the starting date is not noted, the assumption is (I guess) that it will be from that date.
The additional 2-3 weeks, therefore, would seem to fit within that timeframe under the MOU.

The only mention of 31 Jan in the RNS, is for Angus to produce a presentation of a 'new project' in order for additional funding to potentially become available. Perhaps this is part of the reason for the additional period of review?

The IQ that mentions 31 Jan for closure on the financing does state that timelines are dependent on 3rd parties.
I am not sure if this date has ever been 'set in stone', although the delay, and the additional placing(s) are a disappointment, and do need addressing by the company this close to any financing deal.
But we don't beleive what is in any RNS, interview, webpage statement do we? :-)

Good post Ninetails.
I am not sure why some posters on AIM are so obsessed with consolidation.
If UJO ever get to the stage where their mcap is big enough, and cashflow warrants it, then I am sure most investors would be looking for either a regular dividend, or for the company to look at a share buy-back.
The latter is far better than a consolidation imo, although I see that as very unlikely here too.
A dividend is the more likely option (although still a long way away - any special divi on a potential sale aside).
gla

Agree Norfolk.
Shorting has been used on these AIM boards for years as a reason for SP drops with the cries of shorts closing, etc prior to expected SP rises (usually it is rampers having a go at so-called derampers) - imo
There is usually little to no evidence of shorting on the majority of AIM stocks, certainly not to the extent that many posters suggest (particualrly in respect of PI's who would really struggle to open a conventional short position).
Although it is possible for shorts to be in place up to the reportable threshold for the FCA register without anyone knowing, it is unlikely here, and if so, there would be little to no impact as the positions would be so small.
Shorting is the hot topic of the week, so expect the shorting myth of AIM stocks to ramp up with this new 'proof'.

Personally, I feel the SP dip here, and elsewhere in this sector, is a result of rising too high too quickly, and settling back at a more reasonable level.
Plenty of news to come which will push this higher in due course, but I do feel that 3p will need something major

My thinking here is that G.P (Jersey) were perhaps already at target prior to the placing, so were not excluded, as such.
This could be them taking their % to keep them at the correct target, it may have been an oversight on the brokers' behalf not to contact them, or they themselves saw the terms and wanted in for extra on the same terms.
Unlikely we will know the true reason, but whilst the placing itself was a disappointment, I agree that this addition is a positive.

Good post Realism79,
Saint was on here with endless ramping posts multiple times a day, every day, for months on end.
All the posts were generic 'this will fly on news' 'this is about to explode'; 'multi-bag coming', etc.
Zero factual evidence, or even basic reasoning to back anything up.
Then on the very day the vaccine news came out, he disappeared without a trace (but was posting exactly the same generic comments on every other board he posts on).
Then a sudden reappance here after almost 3 months, when the SP started to rise again, slinking back here , and other posters are welcoming him with open arms? Plenty of front, I'll give him that.
How anyone can take him seriously, or think he adds any value here is beyond me.
The hostile replies are understandable given his history here, imo, but the abuse is not.
Filtered for me, so expect the green box count to increase

The TVR figure in the RNS today (63,282,548) differs from the figure used by BGF in their previous holdings RNS' in Jan (63,192,485 - the announced TVR following the final loan note conversion back on 11 December).
They must RNS any change in the TVR that occurs during that calendar month, but I can't seen anything that would have caused this change

It's quite simple for me.
Kashdog filtered for a sudden appearence here at what is a crucial time, all negative posting, suggesing possible issues, disingenuous talk of fracking, and recommending (advice) investors put on stop losses.
Enjot your bottle of red, but it's a bye bye from me.
gla

Terry,
In October, yellow was looking for a 9p entry (after it had been an 11p target for the previous 6 months or so).
In January, anything under £1 was a bargain, and his 12 month target was what, £3.70 odd?
Now it is supposedly dropping every day and yellow is apparently nervous again.
Just a shameless trader lookng for their next trade.
Zero evidence to support any of multiple views seen in past months, just scaremongering for personal gain.
Ignore

Pinot sounds right.
Must have been drunk when investing here, as clearly does not have the patience or aptitude for AIM shares

The same as every other update is my guess
The same media questions, the same spiel about vaccinations, schools, travel restrictions, quarantine, the ongoing mantra about staying home, protect ther NHS, etc
Little to no meaningful reference to testing, as always.
Just a guess though

JamesII,
I have learnt to be cautious here after such a long time being in the red after Brockham.
Still have my conservative target for SF at around the 2p-2.5p level, but with a lot more optimism now, than this time last year. Anything above that will be a big bonus for me,
I think it was March last year when my mood changed, when the CPR was dropped, sadly the rise was negated by the covid market drop only a short time later.
It took nearly 11 months to get back to the SP level seen then, only for the placing to drop us back again.
Lots of promise this past 12 months, but also a few set-backs, as to be expected, mostly with timelines, and cashflow.
I will be much happier with the firm news on the funding, the intrigue of the 'new' project being out in the open, and a positive Balcombe planning decision, which we should hopefully see news on in the next few weeks.
gla

B2,
The stories we have seen over recent days always seem to be extrapolated to AIM as 'proof' that manipulation is rife everywhere, MM's are playing games, etc, yet there is often little, or no proof specific to individual companies.
I am more inclined to think, like others have stated, that the rapid rise to the 80's was likely overdone, given what is happening in the here and now with AFC.
Most expected a pull-back at some point, which is what we have seen. The likes of ExtremeE and the other news we have seen are all most likely priced in at around this level currently, given the promise, but lack of actual firm figures for sales, big contracts, etc.

Every share reaches a point where hype, sentiment, imminent news, etc has taken them so far (often higher than any true value).
What is needed now though, is delivery. Proof that large contracts have been awarded, firm contract orders with quantifiable figures, additional collaborations, scaling up of production, a firm financial foundation for growth, tangible returns that will generate cashflow (I have written these last 2 sentences on at least 3 different boards, just this week).

Comparing AFC to its' peers and saying we should be valued the same is counter-productive at this stage in the companies' development, imo.
We should not lose sight of what a great company AFC is shaping up to be, the fantastic progress made in the last few months, and the opportunity for rapid growth that could well happen this year, the big showcasing of the company that ExtremeE will bring in terms of visibility, the powerful light that is being shone on this sector by governments, the actions within the sector itself, etc.
Patience will be rewarded, imo, but we need to view the company with some realism and perspective too, and not let frustration at short term SP movements get in the way.
Still very positive here, still happy to hold and excited to see where this will be at then end of 2021, I am sure it will be a very different company by then.
gla

Yes, if they have been accumulating over time to reach an intended target, I am certain that they would have been part of the placing, especially at a price that is likely to have been lower than their most recent Buys were probably at.
Getting diluted after such a time would seem a silly act on their behalf, especially with the carrot of the attached warranrts.
TR1's for the other significant holders will be interesting too.
Not execting too much price movement over the next couple of days until the new shares are added, but the current SP holding above the placing price is promising after the previous few days of increases before the RNS.
WIll it hold above the placing price next week?
gla

I prefer the Bee Gees hit: Chive talking;
Or Black Box: Ride on Thyme

I beleive the end Jan announcement was based on the Funding approval, expected by month end at the time they raised this issue.
They would need approval in place for the extra money for this new project before they can realistically give any more information, imo, otherwise it may be dead in the water.
I do not expect to see any news releases on the new project until after the funding is (finally) confirmed, but we will see.
There seems to be a bit of a log jam of pending news forming (funding, new project, Balcombe planning ... )

Markets all over the place today.
Not really a rational, or single reason for moves on many stocks imo.
It's days like these that investors can make some good money, but unless there is specific news, I prefer to hold tight
gla

Tks bigAl,
I have him on filter.
So many on filter here now, especially after the weekend arrivals
He's just a copy and paste merchant, effectively making the same generic cheerleading comment on every board, just changes the company name.