Member Info for Dibs61

Its good to be back for sure. The £50k? lol, I wish! No mines the 6,522 one @ .7770 And I certainly agree its a very exciting stock. I hope to add more in the coming days but have to see how other things pan out….

I always have this stock on my watch list as I consider it to be one of the finest prospects on AIM. A quality investment but had my funds spread elsewhere. Decided to get back in today with an initial holding. A good price at this level. Plenty of news flow to come. A MAJOR SP driver will undoubtedly be FDA approval, which IMHO, is nailed on. That plus clinical sales in 2nd half of next year plus further KOL endorsement and this should be at least double the current price. At LEAST double.

We are picking up contracts already apps. I believe it's a question of the value and the affirmation. The value of the contracts currently I believe is small but the affirmation from a government dept is excellent. We want to start seeing £1m+ contracts being announced. That would def set a fire under the SP. They have a bronze, silver and gold service offering. Care to speculate what a typical monthly subscription fee might be for these services?

No posts here since my last one on 29 Sept! Until they can stop burning the cash this still looks overvalued to me at £11.5m MC.

16-Nov-15 12:39:10 8.6052 37,182 3,200 O Happy to be in at the same or lower price as the heavy director buying during past year. Resource upgrade due this quarter plus nothing in here for a gold rally (there will be NO US interest rate increase in December)

Excellent and agreed. We should see some interest tomorrow and certainly helps get us onto the radar of a wider range of investors as well all know how well read the DM is still.

Yep Falanx tipped in the DM. Article first appeared on Friday night and updated Sat morn. Should see some buying interest tomorrow on the back of it.

Is this the article you were referring to as it was first released on Friday? http://www.thisismoney.co.uk/money/investing/article-3317807/INVESTMENT-EXTRA-new-stars-cyber-frontline-masters-dark-arts-following-Talk-Talk-hack.html Falanx at the beginning of commercial development and a long term buy and hold.

I'm inclined to agree more with your view as my guidance has come from the action (share purchases) and words of the BOD. The CEO has turned noticeably more bullish this year and revenue/profits have begun to rise at a sharper trajectory. The shares are not expensive at this current level and as I have stated previously are cheap on 2016 projections.

An interesting article written on Deccan Gold Mines who are likely to bid/merge with GMSI should the Jonnagiri results be sufficiently encouraging (which they will IMO) http://rakesh-jhunjhunwala.in/forum/threads/deccan-gold-mines-–-gold-plate-your-portfolio.729/

Jonnagiri - historically rich in gold deposits… and diamonds too? http://www.theweek.in/theweek/statescan/happy-hunting-ground.html

Bid now at 10.35p and rising. Should see another tick up soon.

I thought holders and others interested may like to see this report from recent site visit: Shanta Gold* (SHG LN) 5.625p, Mkt Cap £26.3m – Site visit highlights longer term potential of open pits combined with high grade ore from underground mining We have just returned from an analyst site visit to Tanzania, these are our initial thoughts on the company’s progress  Shanta Gold is entering a third phase of its metamorphosis into a larger-scale gold mining company.  The company is now evolving to create a more sustainable and lower cost business with significant ability to continue to expand its resource base and feed its recently expanded gold processing plant.  Bauhinia Creek: The team are currently pulling high grade ore out of the Bauhinia Creek mine following the redesign of the mine earlier this year. This has enabled the plant to beat all previous gold production rates by a margin and to reduce operating costs to new low levels  The forthcoming development of underground mining at Bauhinia Creek should enable the company to continue to feed around 50,000t/ month of blended high-grade and low-grade gold ores to feed an average of around 8g/t through the process plant on an ongoing basis.  The plan is to produce around 462,000oz of gold over the next six and a bit years equating to around 77,000oz pa, at the higher end of the company’s 72-77,000ozpa gold production target.  The development of a relatively shallow underground mine at Bauhinia Creek should avoid the need for the more expensive expansion of the existing open pit.  This higher grade ore will be mixed with near surface lower grade ores from New Luika, Elizabeth Hill, Black Tree Hill and other pits to be developed.  Costs: Efficiency gains have lowered cash costs to $452/oz and AISC costs to $608/oz for Q3 ‘15 from the US$850-900oz expected this year . More work is to be done on reducing costs offering potential gains.  If grades and ore throughput rates are maintained then Shanta should maintain costs at around these levels going forward, though we would expect some variability depending on the ability to consistently feed higher grade ores into the plant.  Power: Power generation cost are still outrageous despite the use of HFO heavy fuel oil for primary power generation at some 28c/kWh and the company should move to connect to the Tanzanian grid for non-critical power supply sometime soon. It is also trialling a solar plant and may consider a small hydropower plant when the new water dam is complete.  Power is around a third of most mine costs and is probably higher given the cost for Shanta indicating the significant savings can be made in this area. Please, see disclaimer at the of this document S.P. Angel, Prince Frederick House 35-39 Maddox street, London W1S 2PP, United Kingdom www.spangel.co.uk &

SP down 6.82% yet 288k out of 393k volume are buys today. Go figure….. Nice to see a couple of large buys going through in the last hour or so though. Given the huge growth potential long term here £7m MC is peanuts. Revenue is not lumpy but annual recurring now in both Intelligence and Cyber divisions. I think once this pullback is complete, and with the new uptrend still intact we will start to see upward movement again. You can only look back at the past for so long….and the market is always looking forward.

Thats a good point that Falanx have greater flexibility and a personal customer focus with different offerings. I think their flexibility will give them competitive advantage over their larger competitors. They have the expertise and the credentials and, most importantly, they have CERT and other government contracts now as key reference points.

I am very confident the results from Jonnagiri are going to be excellent and that mine development will proceed. I detect a change of tone from you - less enthusiastic - which is understandable as I feel similarly. This is due to the lack of news from my point of view. However, the facts remain that the company is currently valued at roughly cash only with the £2.83m valuation on gmsi stake in for free. We await to see whether the company are going to proceed with the additional stake in gmsi. If they dont its not a big deal IMO but if they do then that's fine as its not about burning more cash but increasing their investment.

No, you? I'll try tomorrow. It's been a total news black out this past seven months apart from a forced denial of any Contact regarding BGML. Results are normally issued late Nov plus the GMSI investment deadline is looming so they're going to have to emerge from their shell soon and tell us something!

And if our government don't do anything (which isn't an option IMO) then it looks like the EU will…. http://www.euractiv.com/sections/digital/oettinger-deal-cybersecurity-directive-close-319325 Either way we are winners….

This inquiry IMO will lead to a tightening of legislation requiring all companies to take suitable measures to secure their data etc. http://www.parliament.uk/business/committees/committees-a-z/commons-select/culture-media-and-sport-committee/news-parliament-2015/cyber-security-launch-15-16/ Companies like Falanx stand to be firm winners from these developments.

I think you both have fair points. If I'm honest I think BD have been quite careful and responsible sellers because they have succeeded in reducing their stake without unduly damaging the SP. I know there is a view that it would be higher were it not for their selling but I'm not entirely convinced of that idea. BD are providing some liquidity and if the demand is not strong enough and just neutral then naturally the SP will not make much headway. That said we don't know how much more BD will dispose, they may stop selling before their holding gets much lower and we do not know their reasons for doing so either. Those reasons may have nothing to do with the fundamental prospects of STL. I like this company, its solid, good management and good prospects, and who knows maybe their products are finally gaining market traction?