George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Mike Edwards likely made introductions to King Tide. If it was to try to shore up the flagging CBX performance or other I cannot say, though given his name is associated with CBX he needs it to do well, oterwise he will find it hard to attract investment in any of is future projects. Remember there are a few big names burned so far by investing in Edwards and Abraham, portfolio managers hold grudges.
Will Lodge sell? No idea. I wouldn't if I were him. It is already half of what was promised and any sniff of a significant sell from a major shareholder would tank the rest.
Future? I wouldn't be surprised to see a reverse takeover of Ora. Ora's model is low overhead but it's another retail venture. King Tide seems to be going the way of IP discovery and consultancy so could compliment Ora regarding a full development and sales service for small carbon credit producers. Retail is small fish in this context though, they need serious industry buyers though having a listing on a main SE would help with that.
Also, I wouldn't be surprised if they pursued a US or Asian listing alongside London.
But what do I know, I just get lucky sometimes, but not with this one unfortunately (so far!)!
Just doing the rounds on my investments, and does anyone else think it's hilarious that Matt Lodge is Cellular Goods' largest shareholder? At 15% I bet even Matt Lodge can't believe it.
Frankly, I want my name on the list, and at these prices it's entirely doable.
Also, Strong Buy. Just because if you drop a few k on this share you get your name on the board. Even an AIM consolidated shareholder group is in with a shot. This is a social media viral challenge waiting to happen.
ILS is a fisherman, the clue is in the name. And you just took the bait!
But hey, the market does not seem to care about Sephora samples. It will care if this translates into sales, which is possible, but not certain. A completely unchanged SP, which was to be expected.
We may go bust, but we'll look fabulous doing it. Oh, the shine!
George Foreman for the next brand ambassador.
Sounds crazy at first, but it would be a genius move.
Aww, bless him.
The listing is worth something. Shell companies can do quite well in valuation though London has lost it's sheen in recent years.
Then news drops that Argo Blochain has signed a deal for 10 years of carbon credits and CG will supply CBG serum to Skinceuticals under OEM.
Or not. The point is nothing is sure until an RNS or a mouthy employee down the pub.
The 5k buyer today seems confident in a spike before long. News expected soon too, maybe I should spend more time in the pub.
I'll give it a go
Says it all.
Makes sense. I would also try to sell the beauty part to fund development of KingTide. Then again I massively underestimated how difficult it is to build a successful brand in beauty, so don't mind me.
I would argue that it is a moot point. As long as the method can be used as carbon credits in the given territory then it is the cost that will determine whether companies will buy in or not.
I would better use my energy to lobby Darcy to explain why I should buy from him rather than another and honestly, if his business case is not based on
1) They are valid for carbon credit schemes across multiple international territories where large carbon producing companies actively operate (not just HQ-ed)
2) Capacity is available to allow for negotiable headroom for companies on a 1, 3 and 5 year term
3) Gross cost is less than 20% of the current average consumer cost per credit
then clowns are running this show.
It's in the basic interest of a company to make sure the rules and standards of the time are followed. Bear in mind that liability insurance is needed to make a commercial claim that any carbon capture method is viable over X term beyond audited standards and with the science continually shifting (as is its nature) you'd be rolling the dice to invest in that.
Again: 1. Valid. 2. Enough of them for my long-term needs 3. Cheap
Sort it out Darcy.
Crystal ball:
Darcy will continue to try to raise the share price to facilitate a rights issue announced in Sep to be executed in Oct. He will do this by releasing a few more 'good news' rns, spinning the skincare results, followed by an unsubstantiated rumour regarding a carbon offset contact with Argo bitcoin farms.
There may also be another pump and dump by the telegram crowd, this share is very twitchy, as seen today.
Then private by Christmas for £1.
Yes Desperate Darcy, that cow pie is full of bull. (For those who remember the Dandy).
Yes, I agree a raise won't work in this case. Just bite the bullet and take the company private. This will give them better access to R&D grants (IUK) to develop KingTide and remove the pain in the ar$e small shareholders (proud to be one of them) from muddying the investor sentiment for the company. Refloat when the fundamentals are solid, though not in London for goodness sake.
Thing is, I see the pre-raise tenderisation process is starting. I have a feeling that Darcy will be doing all he can to raise the share price (consecutive blue weeks to around 1.5p maybe?) over the next few months to make room for a rights-issue. Not sure how he is going to do that given he has no data to support any promises. I am tempted to lower my average now, though I doubt we have reached the floor yet.
The only good option I see is to take CBX private, build the customer base and brand, then refloat.
It is a lot easier to set up a staged investment plan outside public ownership on a startup like this. A £30M buy out (VERY optimistic) would guarantee shareholder acceptance, save face of the BoD (who have black marks on their name at the moment, who would invest in another public company managed by these guys? They are essentially unemployable in the public space) and wouldn't be hard to attract to be frank. The original consortium would find that between their seat cushions.
Yes, you would here more positive noises if there was something positive in the report.
I have a feeling there will be an attempted raise in the next update that they will try to sell with a KingTide plan. Unfortunately it won't work, there is literally nothing to sell, I laughed when the President redirected one of the other posters in this forum to a product unaffiliated with CBX, not even he believes in KingTide so it seems. Pity.
Yes, Hum will do that to you.
If it hits 13p I might just sell my house to fund my Hum habit.
A placing in this case won't work, I guarantee it. There is not enough momentum in the share to carry it through, CBX just is not attractive enough right now.
Even King Tide's algae can see that.
Good to see the President of King Tide warning that their product is expensive then going on to immediately sell cheaper from another company separate from King Tide though what he is involved with.
Business 101, Derrick.
Re the takeover going bust, I suspect it was more to do with the threat of Cannaray being legally obliged to publish their results as a listed company in tough economic times ie. muddying their brand and BoD and making it more difficult to attract investment. At the time we were all only just realising how high the national inflation mountain actually was.
It would cost them more to list independently, so it just was not the right time for them, whatever they may have said about the share price. That excuse was a damp squib.