Member Info for Dibs61

Having heavyweights on board is positive but no guarantee of success. For that you need good management. The jury is out there. I don't think Brexit or Remain will make any difference here. Only half a pence or so off my target price. I'll review once it's there.

The market has blown yet another raspberry at this latest announcement, unsurprisingly. Dekel claims the grade reduction is slight? 21% reduction is slight when the grade was relatively low in the first place!? I don't think so Dekel. I also think the refractory ore is a bigger potential issue in cost terms than he is trying to spin. All in all not great at all. Off topic I am accumulating in DALR which is a stonking prospect if you like your Goldies.

Knowbodyyouknow - agreed. This looks like it wants to go up. The 230 trades are sells. I expect a comfortable Remain victory tonight and I think we'll see a decent rally with Trak.

Dalradian Resources (LON:DALR) 56 pence, Mkt Cap £121.3m – Curraghinalt results show 94% gold recovery with a simplified flowsheet • Dalradian Resources have announced that metallurgical test work, which forms part of the feasibility study due for release this autumn, has shown that an overall gold recovery of 94.3% is achievable “with a simplified processing circuit that allows for a coarser grind size and reduced process equipment.” • The company is “proceeding on processing by single stage grinding, flotation and CIL on the flotation concentrate. Secondary grinding and gravity concentration have been removed from the processing flowsheet.” • Dalradian also notes that there may be scope to improve upon this rate of recovery and is conducting further test work to “further refine the metallurgical response”. • The recently released resource estimation report, prepared by the consultants, SRK, for the Curraghinalt deposit reports a measured an indicated resource of approximately 2.1m oz of gold at an average grade of around 11.6 g/t with an additional inferred resource of 2.3m oz at an average grade of approximately 10.1g/t. An improvement on the recovery rate of 94% reported so far at these high resource grades should further enhance the economics of what is already proving to be a robust project. • In our view, the opportunity to simplify the flowsheet should offer scope to keep the capital costs of the processing plant down. Conclusion: The metallurgical results indicate that a simple, probably relatively low cost, processing plant is likely to be appropriate for Currghinalt. We look forward to the release of the feasibility study later in the year. So do I! This just gets better and better. Scope for Gold recovery to be improved further. It's already averaging 94%. Scope for reduction in both capital and operating costs of project. The publication of the Feasibility Study - which is on time on budget - later this year will result in a material re-rating of these shares as it will demonstrate very robust economics and returns.

Absolutely right. TCM have so many fingers in so many pies now and there isn't a single industry that will not be changed by IOT. I see the SP is once again recovering. No doubt it's been affected by Brexit uncertainty. Still very cheap on fundamentals.

I'm continuing to watch closely. I understand yours and Stilolosses view completely and I don't fundamentally disagree with either of you. This is a good company. I admit I was spooked by the large director sale. I note that Mr Ashman has stepped in since with a succession of purchases to reassure the market. So maybe you're right Luke and I was hasty. We'll see. I can foresee me re-entering at some point.

Gold price and traders currently focused on Brexit. I expect a Remain victory (sadly) and once that's out of the way and possibly a brief further dip in Gold I expect the myriad of poor financial and economic prospects to come back into play in favour of Gold. As for Dalradian well is it possible to get much better Gold recovery rates?! Best continue to accumulate here while the market is not appreciating the outstanding value in this share.

Superb overall Gold recovery rates of 94% achieved during metallurgical tests. More great news from this world class Gold deposit. The best on AIM.

A good price. Putting my money where my mouth is. Actually the management and the resource does its own talking. DYOR

Confidence is returning here. Brexit speculators and sharemuppets shorters have crawled back under their stone. Let the Trakm8 success story continue.

This is dropping back well below readmission and placing price. It looked overvalued given the cost of acquisitions and market valuation. I would look at buying at 2.5p maximum.

Can boast a resource of this size and grade: Quote RNS "current resource consists of 2.1 million ounces of contained gold in the Measured and Indicated categories (5.61 million tonnes at 11.61 g/t) and 2.3 million ounces of contained gold in the Inferred category (7.13 million tonnes at 10.06 g/t gold)" NONE. And this project isn't located in some dodgy east European or African country it's in the UK. It's a nailed on BUY.

Huge buy £228k just gone though @ £2.07... almost unnoticed... but not by me ;)

gameangler - yes absolutely .... all their ducks are lining up and future growth is an exciting prospect. I'm going to watch the presentation later. Did you go to the capital markets day?

Thanks Knowbodyyouknow I think that clarifies matters as regards to TRAKs business opportunity with the AA. It would seem it is expanding rather than shrinking.

Chris, I think that's a very good question. On the 14th Dec last year TRAK released this statement to the market announcing an extension of their contract with AA and the start of a new partnership for a B2B fleet management system. Thus the AA have not only renewed an existing 4 year contract but extended their partnership with TRAK. So I think it's more of a case of the AA extending their partnerships in this space rather than replacing Trak. That's my take on it anyway. 14,December 2015 TRAKM8 HOLDINGS PLC/AA plc Trakm8 contract extensions with AA Plc Trakm8, the AIM-listed telematics and data provider to the global market, and the AA plc have announced an extension to their current relationship. Trakm8 has been the supplier of telematic systems to the AA for their roadside assistance and recovery vehicles for over four years, bringing considerable operational and economic benefits to the business over that time. It has now worked with the AA to develop a new business-to-business fleet management system. The new product will be offered to the AA's business-to-business customers, enabling them to help manage both the cost and logistics of running their fleets. The solution is expected to be attractive to large fleet operators as well as SMEs running fleets of five or more vehicles. The system allows individual vehicle data to be tracked, including fuel consumption, driver behaviour and routes taken. John Watkins, Executive Chairman of Trakm8 commented: "This is a substantial contract and an extremely interesting opportunity for Trakm8. Working with the AA on this project we will substantially increase our understanding of remote vehicle service potential for fleets." Kirsty Lloyd-Jukes, the AA's Strategy Director said: "We have worked with Trakm8 on our own vehicle fleet for some time and they have demonstrated great innovation and support for our business. This initiative for our fleet customers is an important part of the investment in connected car technology that we are developing. We are looking at a number of options that will add value to our proposition for the rest of our business customers and our personal members."

Someone is quietly loading up. Look at the trades. BTW riddler I agree with you! ;) But I still think that its worth a little punt at this price….. Unlike Xtract *cough* oh dear…. oversold blah blah.. not one of your finest?

I've been a severe critic of this stock and rightly so but are things just starting to change at last…. A couple of points… - looks like any stock overhang has CLEARED. Stock is def tighter and moving upwards quite easily on little demand. - secondly but perhaps more importantly the stock remains ABOVE the placing price last month. Thats reasonably significant imv. FOX has been pushed quite hard by TW for some time now. He has to be right sooner or later doesn't he lol? This now goes to a tentative buy.

When this moves it can move quickly! I hope this isn't just another tip and there is something more meaningful behind it.

This is a company with 5 Years of double digit growth and many more to come. They are generating increasing amounts of cash with a focus on opex decreasing over time. A dividend policy has commenced this year which would never happen if they weren't generating sufficent cash. Furthermore the shares at this level are now trading on a current year PE of 12.6 and forward broker multiple of 10.5 for 2017. This for a double digit growth stock is ridiculous.