Member Info for Foxhill

Nobody can be surprised - this kind of corruption is endemic and not just in Africa. Refreshing that he’s been caught - but disturbing that he hasn’t been suspended or sacked yet. (as far as I’m aware?)

So little turning up…

Three months- nothing new reported.

Soon be Christmas.

The flurry of hybrid contract/agreements announced this year encouraged. They should carry on doing that, it seems to be the ‘sales’ MO to settle on relatively small initial orders followed by a non-committal agreement for the balance of the headline ‘value’ - IF those agreements are met.

There are at least two agreements which are expected to see 10,000 (each) units delivered this year - and we’re not seeing commensurate orders confirmed - unless those 4,000 monthly productions are ongoing and completely sold out every month, in which case there’ll need to be more updates.

Revenues to profits ‘soon’ depends on the margin - which will be poor/negligible in the short term - IF the leasing model is being adopted. Information on how these contract/agreements are being funded has in my brief reading, been conspicuous in its absence - as is the BoD’s approach to their CULN conundrum.

Lots of scope for more clarity. Two quiet months isn’t very reflective of so much going on, is it?

If we expect to supply 10,000 each to just two of our recent ‘agreements’ this year, along with Mexico and DHL and Amazon and JV’s, and other as yet unknown fleet and pipeline contracts - the news should be coming with more requency and the narrative more convincing.

Information in respect of the CULN resolution needs to be more forthcoming and a solution found before the SP will go anywhere. Nobody is going to invest here with any commitment if tragic dilution remains a threat.

I traded this briefly years back buying very luckily at c3.9p and just before news. I can’t believe that it’s still down here at 5p so long after Songwe looked so good.

The Malawians “determination not to sign MDA’s” as recently stated by Lazarus is the explanation. Sad.

Those in power purporting to concern themselves with looking after their ‘electorates’ interests. Yeah right.

The last DHL RNS was a bit embarrassing in that having won their global competition and collaborating with them for best part of a year - their first order was just 30 odd units!!

Confidence was expressed that further commercial orders would follow - they didn’t.

The more recent reference appears to relate - and be limited to, DHL Israel. It evidently wasn’t sufficiently large to justify an RNS based on value.

It might see further orders follow. It might see wider adoption by DHL elsewhere. Might.

All IMHO but WTFDIK?

That’s why the SP hasn’t responded in my view.

When is “very soon” and on what information are you basing that. Can you be more specific than, essentially, “ something will happen in the future?

Concur.

These agreements need to start seeing additional orders if the ultimate values alluded to in their initial RNS’s are to be given credit. Hasn’t happened yet - bar one.

Hopefully the looking forward is more accurate than years past - which have been woeful in that regard.

An update on our financial position and plans to resolve the culn predicament topmost in importance - given the dilution that’ll result otherwise.

We already know they’ll be crap.

Can’t wait.

So you keep saying.

Bot’s big day out.

Is buying other products. As you rightly point out it’s fragmented - where standardisation/uniformity is probably what’s required.

Are other firms writing non- committal multi year, might happen (no sign of that yet) ‘agreements’ - or contracts??

Until they have confirmed a resolution to their CULN’s predicament - and signed significant contracts that aren’t caveat laden.

BS’rs have fallen quiet having sold.

Traders minded to sell probably all have. 6p seems cheap but then the caveats need dispensing with…

3% in anything - he’s obliged to declare via TR1.

If he hasn’t, he’s in contravention of FCA rules, or doesn’t.

I call doesn’t - in either.

He doesn’t hold 3m shares. It was all BS. Hence silence since.

Isn’t helpful.

And Tom selling millions of shares to avoid a TR1 will have had an impact.

But IF you are holding 3m shares, it doesn’t take a genius to work out that your TR1 is long overdue. You were obliged to issue at 3% - you made the maths even easier for yourself in that respect - but failed to notice.

If you ARE @ 3m shares you are nearer 5.5% and we all look forward to your delayed TR1.

That LTH’s have to endure so much book talking BS every time there’s good news here. Comes with the territory I guess.