Member Info for Dibs61

According to this update I found on Thriveni Earthmovers website issued on 7th July (they are undertaking the drilling program on behalf of GSMI) they had completed roughly half the drilling program way back on 7 July - started in April. http://thriveni.com/news/update-jonnagiri-gold-project-andhra-pradesh GSMI hoping to prove up to 1m ozs indicated gold resource by end of drilling program. No way this will stay at £1.47MC if that happens. First results due by end Q3. Probably about time I considered adding here.

Everytime someone does sell they are snapped up quickly. ;) Very bullish signs developing here.

Volume is key on AIM. The volume last Thursday 3.9.2015 was the HIGHEST by some considerable margin in the last entire year. It was considerably higher even than the volume experienced after the recent placing announcement. It was more than three times higher than in the previous June/July rise from 7p-13p. This is why I am saying I do not think that is going to be based on 'pure speculation' alone. IMO It was the result of news/feedback trickling out. At the VERY least there must've been a rumour. It started with a few large but under the radar buys early last week and then intensified on Thursday. It could be Adastras theory of the successful start to the planned Principia pilot project. Or it could be contract developments. Whatever it was something got out. Too much sizeable buying, more than just PI's having a £500 nibble (jolly).

Yes if it were a mere speculative 'pump' we would be seeing a deflation by now. Profit taking is very limited. Buyers keep returning. I repeat positive news, I believe, is on the way. As for the recent placing well Ruffer were a substantial institutional participant lobbing in exactly £1m. NOT small money for a small II. You can be sure that they would've done their DD. One other thing about the placing, I believe it was a bit of a cock up by both FLX, the brokers and the participants. Making the placing price at a 30% discount to the prevailing SP was a BIG mistake as it sent a very negative message to the market. So I hope that in the event that they should need to raise any further capital they do not make such a silly mistake again. The company suffered and the participants (far from getting cheap shares) found themselves deeply out of pocket. Lesson learnt I hope.

Hi mate, (assuming you're a fella:) I don't think we are vulnerable actually for two reasons: 1. We are too new and will need to establish ourselves - prove our credentials - unless someone just buying for potential alone 2. Secondly and more importantly the shares are so tightly held here with something like 40% (I think) not in public hands. Despite the big SP drop there was NO mass exodus. Indeed no significant exodus whatsoever. So most investors have kept faith here. It's just the illiquidity that perhaps exaggerates the moves either way. At the moment that's working in our favour. Long may it continue.

You make a strong case for the Principia roll out and I agree with you. It was one of those announcements that the market completely overlooked. You don't have to be a genius however to surmise that effective top grade cyber security measures will become a prerequisite for cyber insurance. Something a little more than mere speculation caused the rise last week. It should also be borne in mind that falls can be 'speculative' too - the fall from 13 to 5 was 'speculative'. Who can prove otherwise?

Agree with you that we need some news and you may be right that further rises may be constrained until that happens. That said I think something crept out last Thursday because there was just too much buying volume to be mere speculative action. When the price slumped it did so on far lighter volume. This second rally since July has been backed by more substantial volume. We might be slightly overbought short term but IMO we are in a new bullish uptrend. Remain confident news will come soon.

Can't say I've seen that problem over past few days and I've been dummy selling to test bid price and can sell at decent volume in one transaction

Possibly not. This was higher at 13.63 only 2 months ago

No Monday morning blues here. 20% up in first 5 mins ;)

That was precisely my experience too on Friday afternoon. True Bid way above that quoted. Mms were def wanting shares - they are clearly short of stock. I don't really care what the reason for the rise is as long as it keeps going up! Technicals are moving into our favour and hopefully fundamentals too soon. Here's to another good week

And dummy sells @ 11.3p so quoted spread not showing the full story ;) Looking very strong

http://www.shareprophets.com/views/14752/zak-mir-s-bull-call-of-the-day-no1-falanx-group-initial-18p-destination 18p short term target

http://www.iii.co.uk/news-opinion/trends-and-targets/trends-and-targets-4092015 Suggesting a day close above 11.125 would be highly bullish and suggest a reversal of longer term downtrend.

I don't know what the order book looks like (no L2 atm) but i can dummy sell 100k @ 11.17p so they want our shares again!

And just to emphasise the point: Crown Commercial Service Priorities 2014/2015 - make it easier for suppliers to do business with government and **increase their spend with small and medium-sized enterprises**

I'm in a researching mode today so bear with me….. Interesting thing about CCS is that it is the govt body which buys stuff on behalf of govt and public sector and advises them on how to save money and get best value etc….. AND, if you read my previous post on 'Govt spending on small businesses' you'll see that Govt has now issued a remit for a third of ALL govt spending to go to small businesses. One would presume that the CCS - who are at the hub of spending - to have received that directive. FLX have already stated that their offering is on more attractive terms than their main competitors and it is perfectly scalable and flexible. FLX have already won the highly significant CERT contract and are getting very positive feedback about the service they're providing for the client. The idea that they will subsequently not win anymore govt contracts after CERT seems rather unlikely to me.

As promised here is the link: https://www.contractsfinder.service.gov.uk/Notice/ca5f7d06-c6a5-4dde-8a90-021fd513e4a5

Government spend To increase to £1 out of every £3 on small businesses by 2020 Gotta be good news for companies like FLX https://www.gov.uk/government/news/big-opportunities-for-small-firms-government-set-to-spend-1-in-every-3-with-small-businesses

Protective Monitoring Contract currently under tender value £4-6m. Expiry date of tender 10.9.2015 Contract due to commence in October 2015 No way of knowing if FLX are one of the bidders but since it is Protective Monitoring (and reading all the requirements guff) FLX looks to tick all the boxes to me. Will post link shortly.