Member Info for FlyingHigher

African Battery Metals then became POW so this is SULA of old, just rebranded.
They had a huge iron ore deposit that was being proven then they had a possible 4m oz of gold, followed by Cobalt more latterly so if that all fell through and they just reinvented themselves as POW, then they really are an absolute shambles and surely one to avoid?
However, to counter that, so were SOLG before they hit the mark eventually.

Is this company formerly Sula? If so, what happened to the massive Iron Ore deposit in Sierra Leone?

I didn't expect the price to dip below placing price. It does seem daft that LOAM and RG are reducing before a trial like this, given Samsung's plight. Profit is profit though and maybe they're just taking some off the table, fair play if that's the case.
As for me:
Fully funded for the foreseeable, possibly B/E if STM works out.
Trial due in September for which I'm no longer sure if Samsung have a defence.
I'm happy to keep buying.

Can we have a translation please? I don't understand this. Good news or bad news?

Brilliant Mattyboy, have a brilliant weekend!

I was thinking it was due to the recent placing but LOAM didn't partake in that

Enhanced revenue will be the key factor in my opinion as Michael Edelman cited.
For all the money Samsung makes, the uptick of revenue with Nanoco technology is the key.
People are being way too pessimistic here in my opinion.
Edison's forecast aren't credible, it's not how IP claims work.
For an IP claim you can own a patent and be sat in your pants in the garden doing nothing and still get awarded for the infringement.
Nanoco's disposition could be irrelevant.

Suggesting damages could be in the billions and that Nanoco could be generating tens of millions in revenue in three years time is not ramping.
That's a perfectly plausible scenario.
If this were to happen the share price could be at £4 for starters. That's not ramping either.
How you factor in certain risks is down to own due diligence.

That seems strange.
I couldn't get a quote for a buy this morning though. I wonder who's buying.

I think Samsung will have a difficult case claiming Nanoco only lost license fees and couldn't commercialise without them because DOW had built a massive factory in South Korea, a venture which may have been sabotaged by Samsung's wilful infringement.
It would still be around $300m but this is very pessimistic. The percentage of enhanced revenue is more logical to me and this gets very exciting.

With the fundraise done and so excellently too, it's difficult to see what's holding this back now. You're now looking at a company probably on the brink of a $300m+ payout worth a fraction.
£1 by year end unquestionably.

Hi everyone, long-term observer here new to the forum.
I've always found the idea that this forum can be used to try to manipulate the share price quite ludicrous and lacking in understanding of price action, but people continue to peddle such theories.
With funding out the way and more certainty surrounding prospects and the lawsuit than ever before, this has to be breakout territory?