Member Info for DavidGreece

Ticking back up, next wave?

Now 2v2 book strengthening

Eerie silence

e are looking forward to the much-reported contract award for the construction of a waste-water treatment plant in Gibraltar materialising in due course. Our joint venture with Northumbrian Water has been selected as preferred bidder in a formal procurement tender and H.M Government of Gibraltar has announced that the project will proceed and we expect a formal contract award by mid-year. Bang on timelines now. Look forward to it.

79.51 shares in issue, free float 41.79 Traded 1.8m already lol. Tiny float. Massively undervalued with cash in coffers and Gibraltar plant news to come, £21.5m

It's why I was asking earlier mate. Odd a they're still offering premium and taking well over market size

Nice find with plenty upside, shame I didn't see it sooner

Seems likely mate given premium being offered. Lovely volumes too

Hehe you know what I meant, this should be flying with the buying volumes so just wondered.

Know what's holding us back then smudge? Can't see a 3% threshold RNS

Was it ruffer who were the large sellers? They had 3.95m left back in Jan right?

Hehe up she goes

£4 & £5k chunks??

Sorry if my excitement gets to you, if you had a clu I'd be offended

Wow some large buys flying in!

She's about to go...m

Sounds good, 10p only gives us a MCAP under 8m and with 3m in coffers that seems pretty cheap with all else. Let her go ha

£20.5m for Gibraltar plant too. Hmm seems plenty of upside.

Current MCAP £5m?! And £3m cash in bank?! I see your point. Bargain • Joint commercialisation agreement for Forward Osmosis (FO) technology in multi-stage flash desalination plants across the Middle East and Northern Africa signed with Bilfinger Deutsche Babcock Middle East in January 2016. • Final scope of the £20.5m project for the Gibraltar Wastewater Treatment Plant agreed. • First sales of the Microtox® Continuous Toxicity Monitor (CTM). • Delivery to customer of Monitoring division's largest single order to date, to supply a purpose-built containerised trace metal monitoring system in the Middle East. • Re-organisation and reduction in headcount to save net £0.9m/year. Financial • Revenue increased by 17% to £3.2m (2014: £2.8m). • Reduced group cash outflow to £3.6m (2014: £4.6m). Cash burn for the six months to 29 February 2016 reduced to £1.0m. • The Group's financial position remains debt free, with cash reserves of £3.2m at the balance sheet date (2014: £6.8m). Cash as at 29 February 2016 was £3.0m. • Overheads decreased by 13% to £4.9m (2014: £5.7m). • Loss for the year reduced by 23% to £3.8m (2014: £4.9m, before exceptional items) • Loss before exceptional items, interest, tax, depreciation and amortisation reduced by 17% to £3.7m (2014: £4.5m).

Will read up now mate, in already so plenty of time