Member Info for DRB83

Will leave it there now and apologies to everyone else for dragging these threads out. I have to defend when being attacked but I appreciate that it is just playing into their hands and only helping to damage my reputation. Peace for now

Oh another thing about me which I don't mind divulging on a public forum. I am a numbers guy. Not sure if that helps.

And I will most certainly refrain from using the term 'fire sale prices'

Appreciate that crl123

B2, as I say it is not within my control.

Yes Trouble. Why can't you use those pink panther skills all of the time. Oh and by simply "making an observation" you are adding more fuel to the fire.

BYP. To cover your fingerprints you wear gloves.

B2, I have an investment here so not going to stop, posted a bit last night giving my thoughts in the numbers which I hope people saw benefit in. As far as I can tell, Porky has a much bigger investment here than me so I doubt he will stop either.

Not just that HarChris. I know very little about Porky9 other than what I have picked up on the BB over the last 12 months. Not much of it has stuck as to be honest I am here to support my investment not to get to know people's lives. I will continue to deny I am Porky as it is the truth. Therefore, read between the lines as that is where the truth is. I can't point it out all of the time but

I mentioned I have a son at school age
I mentioned I live in South Yorkshire
I support Leeds
I work a 9 to 5 (not sure if Porky does but I don't think so)
Probably mentioned other snippets without realising it

New info:
I know nothing about fishing

You guys are clearly distressed about this. I am trying to help you as it is causing a huge distraction to the board.

One question, when you find out me and Porky are completely different, how will you feel about the defamation you are trying to inflict on me. Or is it water off a ducks back?

And there are still a small few that just can't seem to join the dots and move on from this ISSUE. Not sure what issue you have trouble. It seems I am the one that is continuously being accused of someone else. I honestly thought after a few days of messages and people being able to piece together little snippets of info that it would become obvious that me and Porky are 2 different people completely. Wasn't Porky a serial poster early hours of the morning. Is Porky the only one that uses the term 'one line deramper' he's clever, wait! He's just calling them what they are. Like a toaster being a toaster.

If this is the level of your pink panther skill set then I fear you may never figure it out. Oh well, maybe that is your issue.

RBM, I won't be going anywhere anytime soon so there'll be plenty of time for you to get to 4. You're still in the 5 club. It will be quite embarrassing for you when the penny drops. I doubt they'll be any apologies.

If you guys/gals really are that interested then please do some digging. If you're not that interested then just move on.

Thanks AWP. I see there are at least 2 additional areas ringed in red and marked as high priority. Watch this space. TP had a range of 5-15mt for Han**** but that was just Sirius. I hope for at least 20mt. Once we get this shored up we would be looking at £140m mcap just on Han****. Based on TP model £8 per tonne.

Dartron, I was with you until the last paragraph, then you stopped making sense.

Declining market? Even if it was, this industry will never go back to pre covid levels. If you haven't heard of a global early pandemic warning system then you will do pretty soon.

No earnings? You only have to read the RNS, it's really not that hard. Alot of words though so I will excuse you. £23m underlying EBITDA, will be same if not more in H2. That's close to £50m EBITDA in a year shafted by the gov. Foundations laid, start to branch out into non covid markets with £100m of loose change to help us on our way.

Oh dear, I do enjoy putting the obvious derampers in their box. At least your not one of those filthy one line derampers. I like a tryer.

B2, agree that some of the cash pile will be used for investment but as there is no way of measuring that we can only try to calculate based on what we know. Any investment funds then come from the cash pile. Cash is only worth cash so more than happy for ncyt to invest it in US expansion.

Correcting myself here. Net assets are £140m (Inc 100m dispute).

Certainly agree with that. Appears we were very preoccupied with the DHSC in H1. Let's see how we get on in H2.

Last chance for those that really want to probe GM. Go on why not make him sweat for his millions.

Blue, I agree. Net Assets of £182m (included £100m dispute). Mcap £210m. We'll nearly make the difference in H2. Throw a resolution in there and we climb to £8 with no other news whatsoever imo. That is how heavy this dispute has become. But it's all priced in now.

Based on the reason you give for being out, you could've gone 2 weeks ago. The headline wasn't news, just had more meat on the bones. The meat should have reassured you but each to their own.

Kipper, we were never likely going to keep that rate up though. First to market edge would have eroded quickly and governments were willing to take everything and anything in the first few months imo. Competition then increased and not to mention the shackles of the DHSC.

Just wanting to manage expectations a little here. Bill states that only a quarter of the western ridges have been tested. I read that as Ridges C and E, not the Sirius extension.

From RNS

Ridges E and C are only partially tested to date, and the Company feel they have considerable potential to define further DSO grade material

With only a quarter of the Western Ridges targets tested to date, we believe there is considerable scope to grow the DSO resource over the next 6 months.

End of extract

I am therefore hopeful of a 20mt revised MRE. Happy to stand corrected.

Surely he is 95% OZ focused at the minute. Not heard anything on Mexico for ages. Just seeing that as a bonus whenever it drops.

Yep £5 lower. Can't go another £5 lower ;-)

All being well H2 should like below at the very least

Revenue £46m
EBITDA £20m
Additional cash £16m
Cash balance £103m

I am personally expecting

Revenue £60m
EBITDA £26m
Additional cash £21m
Cash balance £108m

This assumes:
No DHSC resolution
No significant US news/ contracts
No LFD sales
No further NHS contracts
No further contracts at all.

Basically it is what I am expecting as a run rate from current business.