Member Info for DD77

Not good news, but I can't say I'm massively surprised. I did raise my concerns earlier (and got shouted down at) as it stinks of money laundering..........and I ended up selling off a tranche at a loss. Copper is much stronger now and we're a permit closer to production. My view is these guys can't be trusted and we should look for alternative suitors. The difficulty is AE now own 20% of ARS which complicates matters. The only way we should continue with AE is if they can stump up the cash, but also if ARS re-negotiate the agreement to more favourable terms - ie. larger payment

And we're off again..........

It's disappointing that Shell have pulled out, as it adds credibility/finance potential to the scheme, but it's not necessarily the end of the world. I deal with Shell fairly regularly in my line of business (aviation but not SAF) and they have been looking to exit JVs - their strategy is that it oftens just leads to conflicts which don't align with Shell's interest and can then be difficult to extracate themselves from. So, in short, it doesn't massively surprise me and doesn't overly concern me. I too will likely add if the dip is maintained. BA are very bullish about SAF and need it for their future

Wololol you’d have been better following my tip XSG another former Woodford polymer company which is also on the ascent. DMTR is interesting though all the same. Anyway we really should keep this board to ITX. I’d expect a retrace tomorrow to 5.5p. Anything above that would be a pleasant surprise. It will certainly rise to 8-12p in the months ahead IMO

You're welcome Nonnymass, happy to share the wealth :)

I posted how some similar green shares, including polymer based ITX had seen big rises and the sentiment is transferring to here. I think it could continue to rise and hover around the £4 without further news. XSG are now at inflection point in their journey, have an independently verified market leading product, have finally settled on a low cost licensing strategy, have cash to see them through, on the French advisory board and the world's focus is firmly turning to sustainability. What's not to like?

Thanks for sharing the Times article. Mainstream press is critical for building peer pressure for governments to bring in legislation to make it compulsory for these filters to be fitted on washing machines. This is when the real value will be unlocked from here. This is a positive start, I expect to see big moves in 2021, GLA

£4.31? Ouch...........don't think you'll ever see that again, unless you average down.

My average is 22p, having initially bought in at £2.50. I've sunk more than I would have liked in here, so it would be nice if I got back to break even! Still think it's got potential for a lot more if FID goes ahead. All very much a binary play though. GLA

1st post Goldenlady and you put that? Not even remotely credible

It depends how you view fair value. If full year revenues are $2.5m, then a factor of 7 MCAP to 18m is reasonable...............however it's the potential and incrementally increasing revenues that blow that out of the water. H1 revenues were 80% higher than 2019, and I'd expect full year revenue to comfortably exceed $2.5m. If you look at the last investor presentation, it projects the sort of growth ITX are expecting, and with the drip feed of new products been listed on here, £18m MCAP looks crazily low.

Looks like it was Robert Questad upping his stake!

Interesting comments by all here. I am not adverse to top slicing, but it depends on the situation and fundamentally depends upon the balance of risk. To even consider top slicing, a share would have to reach what I believe is either fair value, or if there's an unwarranted spike in SP. There is a spike here, but it's not unwarranted so I don't have any intention of slicing anytime soon. Look forward to the trading update

Peter - it's Invesco, not Investec.

Invesco suffered serious reputational damage from the Woodford fall out, so much so that it's tried to rid itself from all of Woodford's 'plays', essentially to distance itself from it and try and reinvent itself because Invesco itself has suffered heavily from people withdrawing money from its funds. Invesco was seen as in bed with Woodford you see.

Another of my shares, PFG, suffered similarly from being held back by this distressed seller (Invesco) in the background. Now they're out, the chain has been released so to speak.

Is there a better name for a doctor than Dr Weiner?

Dr Shipman perhaps

For anyone interested in another polymer based, former Woodford share, have a look over at ITX and see how they’re performing. Completely different markets and they were chronically undervalued but it shows the potential, similar to here

No, too late, you lose! ;)

It's been that long, I struggle to remember the find, but i think most of it is gas.

Strange RNS this morning, not sure why BLVN even need a non-exec Chairman?

Thordon - how do you believe ITX will be worth £3.8 billion company in 5 years? I’m sorry but that just does not seem feasible, so would appreciate your calculations for that.

Wololol - yes i see £30-40m MCAP short term even without news. If the update is good, I expect £40-60m MCAP. So potentially 8-12p here in the next couple of months. IMO GLA

Chunky £36k buy at the hooter @ 4.3p........looking good for next week.

We have had approval here for some time now, and with cases worsening there, have we actually sold any tests there? It would be nice to get an update? All seems to have gone very quiet regarding that European country that Budd was so confident about