Member Info for eshaitan

I had a quick look at the Boots site as well so don't worry about the views too much, its all mhc shareholders! I wanted to check store availability and it's looking good.

It's nice to be invested in a share with a strong tailwind, the question is how high will this go? My biggest trading regrets have been selling shares too early.

About 70k I reckon if you count the warrants.

Very little news in the next few weeks to move this, people are probably selling from boredom and chasing a COVID stock.

TW is predicting 2p plus by 30th June on the Australian IPO.

If power metals rerates at the same time I wonder if Red Rock will exercise their 25 million of warrants and get some cash in the bank?

The market doesn’t like the election outcome.

I see Greenland resources share price on asx halved on the news, although their mine is uranium and rare earth minerals so much more polluting and controversial.

I see this environmental party aren’t opposed to mining per se but I wonder if this will slow aex gold down having to deal with a new government with a new agenda?

https://www.google.com.au/amp/s/www.nytimes.com/2021/04/07/world/europe/left-wing-greenland-election-mine.amp.html

Thanks. Grabbed a few more today in my isa. Although I’m not expecting news anytime soon I think the price of gold will trend higher.

Your article highlights just how much they need to diversify their economy. They must be hurting even more with no tourism.

For just over 100,000 shares. I think on a risk/reward this looks good as well at this price. The next 6 months should be interesting with this report and hopefully some drilling. If they continue to find good grades all will be forgiven and this will be a temporary setback.

I agree. I’m not a fan but in 3 months time this should be valued much higher with the Australian IPO. Then I’m out, it’s not a long term hold with this management.

The report reads fine. Plenty happening in the next 3 months.

My only criticism is I think they should have sold off the Kenya assets. They are trying to do too much in too many territories. They should concentrate on the assets in Australia and stick to safer territories.

I think delaying accounts gives them time to focus on the review and to plan drilling.

Seems sensible, I expect news on drilling commitments to be with the results next month. Might be a boring couple of months but summer should be interesting.

Looking at leviathan their market cap is around $47 million. About 27 million pounds for 100% owned assets. Looks good for red rock. Their share of the listed company should be worth about the current market cap.

I topped up last week as well. In hindsight I should have chucked it into sbtx!

Yet opti refuses to budge. Absolute insanity.

Sanity should kick in on Monday.

My prediction. A 60p share price by the end of the week....

So sbtx’s Mcap goes up 10 million today. Opti’s stake is 2.5 million of that gain but opti’s share price only goes up by 0.5 million.

Hmm.

Still very cheap.

Cenkos can’t release their research note with forecasts soon enough.

I must have been one of the last investors here to find the time to watch the presentation.

I thought it was very good. I think I asked the same questions as many others, so happy they were answered.

Things that could shift this fast.

A firm date to list on nasdaq.
Return of sbtx shares as a dividend
A commitment to profitability and revenues of 3-5 million this year.
Splitting off sweetbiotix (might be too early)

All of the above at the same time.

God I hope it’s upbeat and informative and not a rehash of old information and “we are at too early a stage to give forecasts”.

I have submitted 2 questions I hope they get answered

I’m signed up for this site already.

My question will either be when can I expect my sbtx dividend? Or now the company is maturing can you please release forward looking forecasts?

It might well be. But the reason I hold opti is for the diversification of products over several areas, it reduces the risk.
SOH seems to have a nose for early stage opportunities, maybe he will replicate sbtx with sweetbiotix or maybe something completely new from University research. Sbtx will be a bonus if it comes good.

And we still have a wildcard of a dual nasdaq listing.

Hi skid. On the day of the results one of the staff spoke to SOH and it was covered very briefly in a podcast that day. In it forecasts were mentioned. Revenues this year of between 3-5 million. Nearer the bottom if lockdown continues most of the year, but should be a million profit. Next year at least 3 million profit and the year after at least 7.

Basically a year behind where they scheduled because of the pandemic but happy to have shown growth still, and still in their view a strong buy. As I said, very brief, but still a target of over 100p, 30p of that expected to be the attributable value of sbtx to opti by the end of this year. The rest a one year out PE of 20 in still a fast growing company.