Member Info for DD77

Yes, good point about copper.............Zambeef is in an unfashionable sector.

I wouldn't expect any dividends until debt is much lower. That's the priority

You only need to look at how ETX has rebounded since the Woodford unravelling

https://www.bbc.co.uk/news/business-57015468

With this article indicating a broken system, surely GDR will be able to capitalise?

Thought this thread was about the scenes in Jersey for a minute!

Dickie we've all had moments like that. I sold out of ASOS and Ceres far too early. And annoyingly I've messed up here slightly. I sold a couple of days ago at 24p because I wanted to buy to put these in my ISA rather than my main account, now I have my new allowance. SP went up yesterday and again today..........I have now bought back but had to pay 27.8p. Still, it will be academic in the long term but annoying none the less. It's plateaued that long that I had ample opportunity to do this in the past month and the moment I choose, it starts flying!

Yes, a good RNS with improved macroeconomic landscape. I was impressed with how positive they were about H2 too. The only I would prefer is if debt was reduced to a lower level as that’s still a bit of a chain around us, given its in USD.

Overall very pleasing and we should see the SP reflect it. It should be significantly higher than this

Some sustained rise over the past fortnight...........looking good here

Thordon - Don't you mean BIOM?

Got to be manufactured...........be interesting to see how tomorrow goes.

Had a cheeky top-up on today's dip, bringing my average down to 0.2631. I expect the SP will remain subdued for a period as there's a fair amount of churn required, but some day soon it will re-awaken into life

IP Group only value Nanopore at £2.47 billion in their books. I think £6bn is reasonable

WTF is going on with the SP today???

Know0 - perhaps that is an apt username, because the SP was never in the region of 8p last year.

Also, if you think it will drop to the high 10's then why have you just bought 20k's worth?

Really interesting hearing about the imminent legislation for filters on domestic washing machines - as early as 2024 in Europe. 2025 latest. California has also set a target of 2025, Australia 2030. This is having the knock-on effect of making manufacturers step up their game in advance of this and engage with Xeros, who have just built an easily incorporated, low cost filter in ALL front loading existing and new machines. Development partner is Tata. Market entry likely 2023 (possible 2022). Already in testing at the moment, which have met expectations. Fully patented and the independtly verified as the best filter out there. They're looking to capture first mover advantage and have cost and performance advantages over alternatives. This is transformational!!!

License revenue from all the current Indian/Chinese partners expected this year and have cash to see through to break even and have very supportive investors, as shown by the last oversubscribed raise, which was barely discounted.

I'm struggling to even find any negatives. Yes, I'm significantly invested here but there's a reason for that............the potential is massive!

Very quiet on here................thoughts?

All positive in my view, significant progress being made and on the road to commercialisation with recurring revenue streams. I'm surprised there hasn't been a positive reaction in SP, perhaps there will be after the analyst call later today.

Very much under the radar this, but a good'un

Hi Stu - wasn't this indicated in the highlights:

Product design to address domestic machine market planned for release for field trials by OEMs in mid-2021.

This is potentially the most exciting part of the RNS, other than the continued momentum. It states later on that it expects the domestic market to be a target for 2022. There's a bit more later on:

In order to provide the appliance industry with a standardised microfibre filtration solution that can work and be easily incorporated within any domestic washing machine, Xeros has commenced work on a comprehensive product design for a high performance/low cost XFiltra which also meets customer expectations. Once completed, in Q2 2021, the Company plans to share this design under formal agreements with a number of leading washing machine manufacturers for them to undertake field trials ahead of its incorporation within their products under license.

There wasn't anything groundbreaking in the RNS to me, but continued positive momentum. I notice some of the fund raise is being assigned to development on the XFiltra.

Interesting strategy for the fashion industry, where they're engaged with a number of global fashion brands, with the plan of them recommending XOrb/XDrum platform to their supply chain partners. This platform of course significantly reduces the input and consumption of materials and resources, and lowers effluent emissions, whilst extending the life of these items. Given the increased focus on the fashion industry, I can see some adopters taking this on and shouting about their ethical production.

They expect the remaining £11.7m cash to see them through to monthly cash break even by end of 2022.

I'll be watching the presentation later with interest. I'm particularly interested in potentially new licensing agreements

Not quite true Andrew, I nearly sliced at 12.70 yesterday, but bottled it. I hope I'm don't regret it (I doubt I will). My only reason for slicing is I have a significant stake here at 2.47p average, and it hit my target for where I said i'd slice. However, against my initial thoughts, I'm reluctant to slice yet, as momentum and developments appear to be carrying this stronger.

I think the concerns on scaling up rapidly have merit, but none more so than they would for any business. There are risks involved. However ITX have the capacity for now so that key risk is controlled. However, that’s not to say it won’t be without pain. That said, are you a glass half empty kind of person or glass half full? To me, the higher likelihood is that ITX will get bought out at some point, particularly with the green agenda Biden is rolling out. And that would be positive for investors, albeit hopefully we get some good growth before then!!

nlondon - can you explain why you think C4XD is not revenue producing yet? It received 7 million Euros from Sanofi a few weeks ago!

I would probably agree dougerboy. Ref. the SP - the encouraging thing for me is the support is it's now sustaining. We had a large spike last week, and a somewhat inevitable pullback on Friday with some traders taking their profits. However, after a period of consolidation yesterday, it's now recommencing it's upward trajectory with some solid buying. It's still under the radar for many, so it's not subject to any ramping (fortunately) but it's maintaining steady momentum which will hopefully continue. I certainly expect it to continue over the medium/long term, as the MCAP is still only £51m