Member Info for Crossthetea

Are you real?

I don't see any reason why Tek can't climb to +20p long term if they continue to demonstrate smart investment in innovative technologies and ability to incubate and accumulate valuable assets as they have done up to now.

If any assets start issuing dividends then Tek will be in the £100M MCap area pretty easily.

You're right, 20p no chance in the short term, not even a spike. A spike at 14p is entirely possible though, which is still a pretty good return.

If course, I want another in at 7.4p or below so... Tek doesn't even own 100% of their assets... if Guident float at zero then they would be worth nothing and Tek would cliff edge... Tek misspelled Tech...

Has the SP dropped yet?

Yes, I know it and some of the R&D team at Nottingham. It was too expensive to produce and scale, not just the energy intensive process but also the control and QC needed.

SALT is different, cheaper to scale and has higher yields with equal to better performance. Wish I thought of it.

The technology behind SALT is genius. And having the patent is basically a ticket to print money. I am usually more tempered with analysis of investments but come on... they have to be a massive acquisition target for those patents alone.

Well done TEK for seeing the big picture potential and investing, good heads there.

Crazy that I could purchase TEK for £20M and instantly double my money with net asset worth... thanks London, now where's my checkbook...

Just the income from the divis from SALT and GDNT in a few years would make TEK a £100M company.

They dropped the price and increased the number of shares. This was likely after feedback from II brokers, who like to have some flexibility in their holdings, especially IPOs. Just shows IIs are interested and Guident are willing to work with them... which makes the IIs happy.

Does Tonka make 12-wheelers?

It just means 'now we know the gold is over there'.

Not for another 9-15 months, they have the runway currently, not counting further acquisitions.

That would certainly put bubbles in your soda stream.

Money into the company at a strike price of 2.5p? And the SP is at 1.8p? Come on London, where are the buys!

Sunbeam drill on the way and assay results disclosure pretty close, it's going to heat up in here very soon.

So the put up or shut up deadline has passed with no notification of an extension, so I assume the bid did not go through?

Given the 79th group was willing to sell, I assume they felt the value was not met in the bid, likely higher than where we are now

Nah, he's pretty confident the SP is going back up to >18p once the farm out completes. Don't blame him, there's a lot of money there

So yours is the order they are trying to fill!

The irony is that this is a potential 0.5BN company by my calculations, which puts all the bickering at the moment into perspective.

No change in SP in asx, get your discount in London while you can! Thanks London MMs, and people wonder why London gets so much hate.

Should just migrate over to asx and you'll see the value change from GBP to AUD, though give them a call to confirm

So from the RNS, Omar is playing the Fear Of Missing Out card in the PEL94 negotiations with the original party. The Chevron activity has obviously peaked the interest of other BigOil companies and Omar is increasing the price in consequence, along with pumping on social media to attract more bidders.

Hats off to him, any good CEO would have done the same, it means he has the option of closing quickly...which in negotiation terms means March/April, or prolonging until Chevron release results.

I wouldn't be surprised to hear of a Chevron. bid if they like the area and I hear that they already do. Namibia is eager to do business also. Ducks in a row.

I'm here for the oil, which is becoming VERY important as oil states continue to diversify, reducing traditional investment. I'm still amazed GEO was not bought out last year given what it has control of in PEL94 and can only surmise it just being a matter of time.