Member Info for Dibs61

Why is it slipping?

Yet another Research RNS this morning but this one looks gobsmackingly significant. OK so right now it doesn’t add any effective fiscal value but in terms of the IP value surely it’s huge.

After close on the day before a long BH weekend is the absolute pits and tells you all you need to know about this crew. Disgraceful.

They look for someone to blame. No point in trying to hold riddler responsible in some way for your own investment decisions. I dont agree with everything that riddler posts but he’s perfectly entitled to post it. If you listen to what he says - act on it - and it fails - YOUR fault for following someone else’s judgment. And if you want to blame anyone here it would be the BOD. I’ve said it before I’ll say it again, the BOD here is simply not good enough. That’s why they are not achieving the sales or the profit margin.

Personally I am 100% sure they will be back for more cash within the next 12 months.

You are easy to please :D

This time last year Q1 production came in at 4,866 ozs so 7,296 is a substantial rise on that figure not withstanding the ramp up last year. And given that Q1 is viewed as the least favourable quarter we could be in for >30k ozs this year.

Carry On Drilling

In my observation Mike Read possesses very extravagant hand gestures, not just twitching fingers.

Also, interestingly he refers to himself in the third person which tends to make me uncomfortable. I rarely regard it as a positive about the individual using it.

Looking quite healthy here so recent rise certainly not a faux one.

‘dilution is going to be factored into the price now, cant go much lower’

Oh yes it can. 0.1 is quite realistic which would be a third of the current price.

I’m here! SP looking good today.

Falling - don’t forget the old market caveat - past performance is no guarantee....etc

FLX no longer try and go for the big contracts - they go for SME’s so it’s unlikely we will see many contract announcements because they’re all quite small individually. We’re talking tens of thousands individually rather than hundreds of thousands (per annum). But collectively, if they pick up enough smaller ones....

I actually think they might just be starting to gain a bit of traction. The SP should tell us a bit over the next few weeks.

And don’t forget they have made a pledge - no more placings apart from possible acquisitions and, yes, I know they could try and sneak a cash call into such a deal but only time will tell. I’m prepared to sit and wait.

Two years ago (roughly) there were 155,417, 268 shares in issue. Today there are 400, 401,186 shares in issue!

The market valuation in May 2017 was £14.3m. Today it is £11.3m.

The SP in May 2017 was 9.2p. Today it is 2.825p

See the difference. A classic example of dilution of shareholder value in the price where the actual market valuation isn’t hugely different to two years ago, certainly not in relative terms.

Ps. Falling - that trade was a buy I reckon

twix - TW has umpteen stocks to take an umpteenth stab at not losing face!

Noel perhaps if you’d be kind enough to post the video again I will analyse Mike Reads ‘twitching fingers’ and try to provide a sensible response. Thx

rushing the results out are they? SP continues to slowly decline. All the big talk about a scale up last year has come to nothing.

Hands up, I thought it wouldn’t be approved at this stage. Well done to all holders. Just the contract to land now. Any thoughts how long that might take?

MatthewC - he loves it, FLX is his baby, tough love and all that :D

Chance would be a fine thing Noel! My punt here is not working. One punt too many perhaps....

I must agree though with others who comment that the recent RNS was woolly and it was peculiar to build those comments into a change of advisor RNS. Maybe they were trying to save money and kill two birds with one stone?!

This stock is being controlled and guided gently downwards on a daily basis!

Someones making money out of it but it ain't us!