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The phoenix is rising from the ashes !

It just consolidating and clearing the last sub 50p sellers before moving up later today, as plenty profit to take for those that bought in 6 months ago and longer, unable to comprehend the significance of a small Yorkshire company signing a major contract with Elon Musks spacex

The share deal is very clever as virtually guarantees further enhanced business with space x, in the meantime Filtronic will simply use this deal as nudge factor collateral to immediately open doors to other rivals and companies with new deals potentially arriving within days, which could eventually compel Musk to launch a T/O as he won’t want rivals benefiting

Having just spoken with an old contact within the company, pretty sure this is their plan going forward

‘Hold until relieved’ 😉

There you go https://www.telegraph.co.uk/business/2024/04/24/elon-musk-spacex-invest-british-engineering-company-garage/ they'll be all reading about it tonight

Yes todays news is significantly undervalued (the open gap didn’t help) but I believe will re-rate strongly over the next few sessions as news gets out - not only is it significant that musk is now involved it will also open up lots of other doors and more contracts plus from potential space x rivals

Hmmm I wonder if musk will want this to happen ?

Yes the listings been off line since last November - so lse only

Be interesting to see how the US respond to this - I think the ticker over there is FILTRONIC PLC (FLTCF) they love anything Musk speaks about let alone invests in

Yes about a dozen of us and a secretary acting as security ! They were always well spoken of by everyone locally and later after I’d left I heard a delivery driver got bounced out because he tried to walk into the workshop, along with a massive police presence during the 1st gulf war so obviously upped security after I’d left !

GLA

I worked for this company as an apprentice assembler / solderer between 87 and 88 when they were in Shipley - the training and prospects did little for me in that aspect - but the fact I’ve been retired the last 20 odd years from success in totally different fields quite ironic

At the time they were servicing contracts for the mod and It was really high tech top secret stuff but what used to Make me laugh was the lack of security anyone could just walk in and out of the place and maybe steal the keys to my mk2 escort Harrier !

Anyways - this is an absolutely fantastic development give it a few days and this stock could easily re-rate £2 plus 👍

Whatever is or isn’t going on - mms will take up to 3 million off me open market at 0.37 - but won’t sell me anymore than 7k worth at 0.42

Everyone sold out - only me left ? 🤩

Aim always based on futures - hence the reason it’s always priced in and sells off when the future arrives

That’s the way it is - 😊

I’d have to suspect the 1.5 mil sell was a kibo - otherwise another impatient PI selling at a pointless loss as there was little buying below 0.4p

Ill take a good chunk more if it drops further but probably need to be in the Mrs name depending on quantity and price

There should be a number of positive news items in the very short term pipeline here from TR1 to production that should lift the SP further, but the major rocket boost one for me will be

Project Capex Funding

As stated above, most of MED's sites under development are either ready for construction, or in early-stage construction, subject to securing project capex funding. In order to address this key next step in these projects' development lifecycle to get each project into production as quickly as possible, MED is currently in discussions with various potential debt and equity funders, including banking institutions that are interested to provide the necessary capex funding.

On securing this from what seems a number of lucrative options, do we presume Riverfort will be paid off whatever they have advanced so far £450k ? This also confirming they were indeed bait after all to entice the other parties

Either way this for me is the blockbuster one that’s going to take this back to £5 to £10 mil mcap

GLA and DYOR

kread full of **** he been spamming this board months - either bought in at the ipo lost a fortune and no paper round money to average down - or just part of a paid tag team that goes round targeting low liquidity stocks and he most certainly didn’t buy or sell any mast stock yesterday and make 90%

he makes me laugh because he thinks he so well informed yet utterly clueless and unable to grasp the fact the climate has dramatically changed over the last few years, and will change further and further, more and more wet and windless days less and less sunshine days in the uk meaning more and more people stay indoors using energy - not ideal for the grid and certainly not ideal for solar panels and wind turbines !

amen

have a fab weekend everyone else 😊

Nice one magmanus 🤣

Which platform is that disco ? I can buy small amounts ii but nothing at Halifax platform

Dumb PI’s panic selling and getting fleeced here - Bid keeps dropping but Offer hardly dropped since open - some mm’s evidently need stock

Whoever it is offloading is using STFL - they’ve constantly been on the offer with cheap shares

There were a good few 500k and 1mil block sells yesterday David - but my feeling is that any activity kibo are doing will be off book anyway - the offer today has notably drifted between 51.88 and 55 on sometimes zero trading activity - the majority of red trades today have been buys - so all not as it seems

Yes absolutely makes sense for them to hold If they can - but so far as we are aware they are absolutely desperate for every penny as not able to raise