Member Info for DShox

Enjoyed the read about demand from the interior of Africa. EDL has its 5,000 tpm washed coal anchor tenancy at a margin that sustains the company in my view. This made possible because ILTL/MarTeck are sister companies and the contract mining, $1m loan and sales deal are designed to dovetail.

Undoubtedly an additional 7,500 tpm will get signed up so Rukwa hits 12,500 tpm capacity with the help of MarTeck and the regional logistics capability of ILTL.

But, this is only a drop in the ocean. Tanzania produces 700,000 tpm coal and compares to Indonesia's 550,000,000 tpa as the world's largest exporter of thermal coal.

So Rukwa need only capture a very small share of even Tanzanian supply share going west to be transformational to EDL.

Zambia has the at least 10 years struggled with power and having worked assisting KCM, which has copper smelters and deep underground dewatering pumping requirements, and tried assisting private equity firms build new power stations, importing power seems the only solution.

It sounds obvious - not enough power so let's build a power station and makes lots of money. But, the grid in Zambia is state owned and the state is broke. Therefore, the Power Purchase Agreement is only as good as the state's finances and political mood. Lenders will finance the power plant with the PPA so long as the PPA risk is transferred via some form of Structured Credit & Political Risks Insurance. The insurance market looks at the PPA, who owns the grid and looks at the Zambian government and says no thank you. If the grid fails to pay for the power or honour the terms, its effectively a political dispute.

Long and short, there could be huge plans ahead. Not worried about share price. Took a small position and will try to build especially if price stays put.

Longer the sp stays put the better.

If you like the odds, then collecting shares at current price is a bonus.

If you're research and gut pays off, you'll have built a substantial holding at a fraction of the price the market pays 6 months down the track.

So the co tells us they hit a key milestone, but we knew already. OK Wolves / drax.

6p - maybe not today, but soon for the rest of your life.

Another game-changing AI product at a development milestone.

The US alone spent $1.2bn on contrast agents in 2017 - used in 50% of imaging procedures.

Gadolidium is toxic and aside from the direct cost, has led to successful claims against healthcare providers and their insurers for disease allegedly caused by Gd.

If IQ-AI develops a reduced or zero percent Gd imaging solution using its AI and Deep Learning algorithms, it is another "game-changing" solution in the IQ-AI pipeline.

That's a team.

They both know coal (NVS had the "joy" of Bumi and Bereau in Indonesia) and Africa well.

Tanzania currently produces 700,000 tpm according to AM's sharetalk interview, so I see big goals for Rukwa well beyond even 12,500 tpm.

Re diversification of the business that most PIs haven't picked up. AM and NVS have it covered but AM's uranium background could direct the traffic.

Rukwa is looking after itself to some extent and the ILTL/MarTeck package of agreements, as AM said, all complement each other. Therefore he says the mine has "very healthy margins".

Lots of peeps been watching EDL and its possible to keep on the backburner, until it starts to move of course. You'll be hard pushed to find a licenced, fully funded operating mine ramping-up a very simple coal operation that adds pure margin for every tonne it increases production, at £5m cap.

If this was a gold mine, the sp would be running into multiples. Coal doesn't capture the imagination. They both sell for cash. Buys back above 0.06p and sells drying up. "Healthy margins" on Rukwa coal. Might try to TR1 on this one for fun :)

Yep and ILTL has been incredibly supportive in the terms provided to get Rukwa restarted and ramping-up. Brian McMaster also - it was the Jan RNS that initially got my attention and obviously COVID delayed the show.

GreenWolf, I suspect a fair few punters haven't read the CEO's comments on the Coal Mining Agreement signed with ILTL on 8/6. AM said in July:

"The contract mining scenario under the CMA means the historic breakeven tonnages cited by Edenville are no longer relevant, as the Company now expects to be profitable from operations from the first tonne of washed coal that is produced."

So its profit from first tonne. The higher the tonnes, the better.

All you need is a production and profit update and then £5m cap looks very silly indeed. Yes you can make money mining and selling coal. Doesn't have to shine.

Going higher. Too cheap. Stock has momentum.

"Sale day" is not guaranteed of course although the RNS of the 5th used encouraging language. StoneChecker is most transformational to IQ-AI if it enables the company to become self-financing to develop IB and signals a deeper partnership to bring IB to market. Self-serving uneducated guesses at the deal price - proven by quote reference the domain of one individual only - not only misses the point but degrades the bb.

I am not yet a target holding and need a few extra quid to get there. 5.25 ish to buy small amounts and a seller parked around 5p to break.

Look forward to reading. As with earlier post - I have the same question - what am I missing here?!

Look forward to reading. As with earlier post - I have the same question - what am I missing here?!

Don't perpetuate - it ended with the quotes provided. Plenty exit for less than 20% and it's part of a healthy market. My strategy is accumulate and multiply. Decimal points are the domain of day-traders.

Wolves forced to admit yelping $400k and getting LSE to take down his original post :)

We know you've bought £100 at 5.3p. GL. And try to use one ID ;)

Started in April following multiple expressions of interest and access to data and directors provided.

Volga describes as moving to "harvesting stage".

Directors stated expected to complete in September.

Strengthening production, oil prices and cash in this final month key to closing best deal.

Medical imaging AI and deep learning is aiding clinicians and radiologists today. It's no longer a case of when or if. IB Neuro's capability and capacity to apply to multiple body parts, clinical needs (Stroke launch soon) and Telemedicine is sensational. The contrast-free/reduced imaging is also a game-changer to the medical industry.

IB Neuro feels ahead of its time - to be working on this for 20 years explains why. The world health system has caught up with IQ-AIs vision and my view, IB is poised to catch a massice wave of global medtech investment in the AI medical imaging diagnostics sector. COVID has played a role in the stimulus.

To view StoneChecker as a standalone deal that makes or breaks this company would be missing the point in my view. Clearly the cash will be a great boost but perhaps more important are the royalties. That said, the deal combined with NIH grants could make IQAI self financing, enable share buybacks and lead to a deeper partnership for IB products with the buyer.

Dream buyer for StoneChecker - Siemens Healthineers - for myriad of reasons in my opinion. But just one, having bought Varian Medical last month (close in H1 2021), the combined group will account for 70% of worldwide installed radiation oncology equipment. That's instant mass market access.

And finally, Wolves post deal expectations (lending more evidence to the $400k call):

"...if it comes in at sub 1million it will be back towards 3p here!"

Methinks Wolves didn't get his 4p entry price he called for 3x.

Like I said, because I've got to know Wolves quite well by now, I expected he will have asked LSE to remove his $400k for StoneChecker prediction. But here's Wolves defending it on the 7th :)

07 Aug 2020 13:25
i suggest you learn to read properly before replying.
ANYTHING SHORT OF 10P.
10p would be a good result.
400k comment was in direct response to "i heard a rumour MM's are shorting" "i heard a rumour the sale will be 400k"

Doh!