Member Info for DrMicho

Good luck you will need it rainbow man...

Not at all Chris, theres a few holders stated they wont be buying so you must be in the minority. GL and dont take comments personally... I certainly wouldnt be posting rockets either when there 35M in the background...

My apologies Trout… “Volume has dried up since the dilution of 35 million new shares” “Fewer investors are buying as a result” 😀

Chris, I see this differently to you and its just our opinions... Mine is based on RNS and company releases, whereas as yours is based on rainbow predictions and unicorns with bags of contracts. 4p paid, buys flying in, contracts close etc....

Change the heading as much as you like Chris! The SP is where it is due to an enormous amount of new shares in the background. You can ramp away 4 paid, buys trickling in, lets see some contracts. All of those comments are designed to get others to buy. Volume had dried up and no one is buying...FACT

They raised 1.56M on the back of an 84% discount and managed to stretch that out for 9 months. They have just raised 1.37M which will not last as long. Theirs and your estimated 2025 is just that, an estimation we all know those are never really successful.

Plus, you always forget to mention there are 35M shares to be offloaded on any notable news....

TBF thats what they said last year when they raised at an 84% discount! Fast forward 10 months and they are raising funds again after failing in gaining any significant revenue. How long will this round of money last and will they be able to secure some form of revenue...A huge huge huge risk....IMHO DYOR GLA.

Still in the background to move at 4p… plus, what you forgot to mention was the fundraiser is being used for working capital as per the same RNS… as well as leavers outweigh arrivals as per the company cost cutting strategy…

The SP is dropping on a daily basis for a reason. There is no continuous revenue hence the recent fundraising. The prospect of 35M shares being sold is definitely putting investors off… saying buys are flooding in and contracts are near is conjecture and wishful thinking. Fact.

Contracts have been delayed as per RNS and to be honest the only thing in the background is 35 million placing shares. IMHO this is going to take a long long time to move as the placing shares will dampen any rise.

Unfortunately, the SP is dropping daily as there are 35 million placing shares to be sold.... IMHO if the SP stays down here at 3.6-3.8p there is a possibility these shares could get dumped. Therefore, i would imagine that the prospect of 35 million in the background is putting new investors off, hence the daily drop in SP.... As a result, this is a strong sell...IMHO DYOR GLA.

Quick look in at the daily highest riser and there you have Earl of Shame, obviously bought at days low and will sell at days high. The guy is an absolute fake and will be on tomorrows highest riser banging his tin pot. W***ker.. Good luck to all..

Unfortunately, conjecture and projections do not replace previously confirmed details from company releases. For that reason, the list still stands, limited revenue, delayed projects, financial uncertainty, BODs paid in shares, cost cutting, staff reduction as part of the cost cutting.

As for the prospective follow on project, its jam today or is it jam tomorrow.

Are you one of those underwater clinging on to anything remotely rainbow coloured. In the last year the company has raised twice, one of those at an 84% discount and you say everything is going to plan... You need help hun....

I forgot to mention Strong Sell IMHO DYOR GLA

Trout you are really dim... Obviously those holding shares from the placing arent going to sell sub 4p. Nevertheless, as soon as the SP breaches 4p those shares will be automatically sold.

"This is just a chance for the market to shake out any week hands before the GM next week".

Now you are talking rubbish! shake out the weak holders, the only holders left are those massively underwater from the 84% discounted fundraiser 9 months ago. Do you really think anything is going to happen from a GM next week... dream on. The reality is there is 35M shares to dump at any price over 4p, simple..... the longer it stays under 4p the worse it gets, if they dont get anything positive they will cut loses and dump.

I wonder if they mention the following next week...

1. Revenues for FY2024 are expected to be significantly weighted towards the second half of the financial year.

2. Projects are and have been delayed.

3. The company has highlighted (and continues to highlight) financial uncertainty and restricted cash flows due to no direct revenues.

4. The BODs STILL are being paid shares.

5. The company has employed stringent cost cutting strategies across the company.

6. They are currently reducing the workforce more than they are hiring.

Volume more or less gone and there’s still 35 million to move at 4p…. Cash slowly burning away and revenues are zero, well a meagre 60k. Desperation will kick in soon and when anything positive lands it will be carnage to offload a massive amount of confetti… IMHO DYOR GLA

A potential 5-10 bagger right here.... Whats not to like...

It was a delayed sell by the way IMHO DYOR GLA

Cant buy and its NT all day 😂🤣😂🤣😂...Nope theres 35 million to buy but the price is 4p a go...The share price is 3.85 and once it pokes its head over 4p WALLOP sellers hit the button... This will stay under 4p for weeks if not months. They need to release a monster contract or something that big it will swallow up all those sellers. Like catching a whale with a fishing rod. Not happening anytime soon....