Member Info for cyberbub

I was disappointed by today's RNS, I was expecting a significantly higher NPV. My understanding from the RBS in June was that they needed a delay in the FS in order to incorporate the *new* CBS product. I'm not sure why that wasn't included, as it would have been a major boost to NPV and IRR as they said that its production cost was extremely low.

But the main problem for me was the massively increased capex needed. I think they will potentially be able to raise it, but it will be much harder especially at a $50m cap. It's a shame because there are a lot of advantages of the project, massive scale, low embedded carbon and energy, loads of low cost by-products, a relatively low risk jurisdiction, VB on board, and most importantly some very clever mineral processing scientists.

Anyway I sold out in the first few minutes in several tranches, managed to make a 25% profit overall, if I'd held on half an hour I'd have made a loss.

I still think there's a viable project here when they fully incorporate all CBS products into the FS. But as it's taken 3 years(!!) to complete the FS announced today, it could easily take another year to *fully* finish it?!

Will keep an eye on it and see how they progress. The reported interest from debt funders sounds positive, and VB are still on board. They could pull a rabbit out of the hat who knows? VB might even decide to just take it all over at the current low cap? Put an offer on the table for 15p or even 12p and NB and AK might just be tempted, they're not getting any younger.

Good luck all holders, no advice etc

Weekly traders always exit late on a Friday. Means nothing about FAR's prospects. BFS on Monday I suspect, or almost certainly next week anyway. Have a nice weekend all.

I reiterate my view that if the FS shows an NPV of $1bn or above, a construction cost of around $150m or below, and an IRR of 35-40% or above (all of which I consider very credible) then fair value here is in the 25-30p range. Better figures than the above would lead to further increases in the target share price.

No advice of course, just my view

Agreed. There's a substantial overhang as it was a large placing, but they can only sell once!! Hopefully it will be cleared in the coming days or few weeks max. Especially if we get more positive news...

To the deramper 'Silver Blade', yes it's always possible that the company will need one more fundraiser before breakeven, but if breakeven/profitability is demonstrably (from further sales updates) approaching in Q2 say, then we will be able to raise that final money at 4-5p IMO. 50,000,000 shares at 5p say ... With the SP at 0.7p today, I wouldn't be complaining LOL!

Remember we need less than 3000 test sales p.a. to move into profitability... That's only 250 patients across the whole USA!

New nonexec looks positive. Let's hope he buys a couple of million shares to show his commitment, while they're still cheap?

Thanks Marty, but I've seen AI summaries like that. Do you have links to the actual broker targets, on their own (or Renalytix's) website?

Marty can you please prove links to the analysts predicting 40p or 80-90p? I've tried bit I can't find anything. Thanks.

Well I just see that the orange destroyer has ordered work to stop on an almost completed massive wind farm in the US, to try and get votes from the gullible. He's being sued yes, but meanwhile the project is stalled, the share price of the owner has plummeted, and he has the Supreme Court in his pocket who've said he's immune from everything. I'm quite tempted to buy in here, but there is definitely a risk, at least for UK based installations if the Patriots win. Less so in other European countries as you say, hopefully.

Take a look at this... Another potential enormous use of carbon black! Imagine if our CB substitute also worked in this application? Not going to happen tomorrow but who knows in 3-4 years where this new tech could be?

2023: https://www.independent.co.uk/tech/battery-concrete-renewable-energy-cement-home-b2385055.html

2025: https://www.independent.co.uk/tech/concrete-battery-home-road-mit-b2838570.html

Do people have any concern that if the Patriots win the next election, they will immediately scrap not just all new installations of 'treasonous' electricity, but might also try to declare all existing contracts for solar and wind null, as they work to reopen coal mines and start fracking? My point is, is the medium/long term on this share as stable as the sun rising? Or is there a significant political risk?

Well deserved IMO, while we know it's taken a lot longer to develop the project than hoped, the company genuinely seem to have some very smart mineral scientists on the team. Can't do any harm!

Marty will you bigger off with your AI garbage. It's completely wrong - if you rely on AI for your investing you're doomed! FFS. If you're a newbie at this game, that's fine, we were all newbies once - but have the brains to realise it, and instead of spouting rubbish, keep quiet - watch and learn lessons...

Surely it would be better to email UBS? It's not Renx's fault, they are required to publish any TR-1 they get sent.

Yes OK fair enough

B_positive, why do you expect a trading update next week, surely they would have given one as part of the results? They did a TU last year but that's only because they published interim results in July?

Not necessarily. They only need to treble their revenues to move into a profit-making position. That doesn't seem too demanding to me in the coming months from a low base, given that there appears to be rapidly increasing demand, and the Medicare reimbursement agreement wasn't reflected in the H1 results...

I think there's every chance of becoming run-rate profitable in H1 2026, and if the company needs to raise a final couple of million, it could easily be at 4-5p in that scenario...

I wonder if the real reason for the 2 week delay in the FS is actually to allow the Chinese offtake company to complete their testing?

Someone needs to ask the company's IR directly what exactly is happening with UBS and how they're managing to buy and sell more than the daily volume almost every other day...

I would add that if sales go as hoped over the next 6-9 months, we could potentially see an 8-10 bagger from 0.75p.

Just my view of course.

Just my view.