Member Info for Funkybeats

Cheers Presto. Been working with contracts In the millions for 23 years. I know how they work. If we don’t receive any notification in coming days about the contract not being extended then TRUST ME it’s been EXTENDED. PYC can’t sit on this information as it’s critical information that allows Shareholders to value the company.

The key word here is envisaged or if people want to call it anticipated. The extension element Is not a commitment to contract only the first year was at a minimum value of 500,000 euros.

All contracts will have a termination clause inserted I got them. I have inserted 30 days and 60 days Into some of my contracts. The same would have been inserted into this contract. Another point to note is that had that 30 day or 60 day terminsation clause been envoked then PYC would have had a duty to notify share holders at the earliest opportunity ie AGM. They never. This means that both parties ARE continuing with this contract.

Another comment to add if things were going Pete tong is that both parties would have been having monthly/quarterly contract management meetings to make sure everything was running smoothly. Fact that PYC have been working with MERCK since 2012 tells me Both parties are working extremely well and In Partnership.

We might just get the RNS tomorrow folks because PYC have a duty to tell us. The second part of any contract extension is a new contract with new contract period and new rates and I expect the new rates to be greater than 500,000 euros. These type of contract me work on scales or increments so watch this space.

I really don’t understand how they can hold that news back. Its critical. Can someone remind me what’s the timescales of having to post RNS on something that’s of substantial news. Is it 2-3 days max?

Am happy to get taken out at £1.15b as well mate. Especially when we only give away 40%😉. We can dream eh

I think what u mean is ur hoping news is coming cause we haven’t anything of late. Not that u actually no anything. Ur like all of us sitting waiting patiently for this RNS to hit. Maybe 6 hours and 17 mins? What u recon?

Care to expand

If anyone wants to look at good comparison of what our share price could look like in 5 years please take a look at albemarle share price since 1995. Set out at 6p share and went as high as £1.42. This is now long term investment and buying as many of these shares as i can before this rockets. Could really do with an RNS on one of my other stocks tomorrow so that I can get another 500,000 shares in this company.

Lithium producer Albemarle takes $1.15bn stake in Australian mine. Please use the sharing tools found via the share button at the top or side of articles. Albemarle, the world’s largest producer of battery raw material lithium, has agreed to buy a 50 per cent stake in an Australian lithium mine for $1.15bn, as it looks to grow its supply to meet rising demand from electric cars. The company will set up a joint-venture with Australia’s Mineral Resources to develop its Wodgina hard rock lithium mine and build a plant to produce lithium hydroxide for batteries. The deal comes as North Carolina-based Albemarle is facing greater government scrutiny over its business in Chile, where it is looking to expand production from the Atacama Desert.....The two companies will fund and build a plant at the mine site to produce lithium hydroxide for batteries, the company said. Albemarle will have the right to market and sell all of the lithium. The first stage of the project will produce around 50,000 tonnes per year of lithium hydroxide for batteries, rising to 100,000 tonnes in the second phase.

And this

https://www.google.co.uk/amp/s/seekingalpha.com/amp/article/4224402-lithium-miners-news-month-november-2018

https://www.google.co.uk/amp/s/www.wsj.com/amp/articles/lithium-boom-raises-question-what-is-its-price-1543323600

Pranchalee am like u. Balls deep in this. I am already buying all kinds of electric vehicles for central government and buying the infrastructure that goes with it ie charging points etc. One of all that’s doing this. I can imagine what the share price could be like in say 5-10 years from now with the materials we have and further investments made. We could easily be at £1 a share or more in that time. Am not going anywhere. It’s all or nothing for me also and I will continue ie to buy as I believe I am starting to understand their strategy.

No matter what this needs to be declared tomorrow. You can’t go into the second year without the contract having been extended. I should know I work in procurement and contracts.

Just £500 for just shy of 25000 shares. Takes me to over 500,000 now but need to keep averaging down. Eventually this will come good

Got to agree mate. I am still loading up also at these prices

Positive is that he is still breathing.
Negative part never said anything apart from thanksZ

My email was more on the complimentary side of things commenting that we can see the work that is being put into the project and hoping that we land the RNS saying all systems go very soon and for my families sake. Also asked about If we were still on track for Q1 his response to the full written email was thanks. So he ain’t letting anything out the bag which is fair enough.

Mizuno. There is too many CEO getting away with deception on AIM. I have been invested in a few companies where they have even used the telegraph to publish information to push the price up. Who can forget Mr Ronald duncan at Cloudbuy with this article. https://www.telegraph.co.uk/finance/businessclub/10750705/Former-skier-takes-on-dotcom-giants-with-Amazon-for-business.html

It’s about time CEO like Ronald Duncan and James Parsons got what they deserved. U can get 48 months jail for stealing couple of hundred pounds from a bookmakers or corner shop yet you have CEO that have become millionaires based on 100% ramping and deception and they get away with it. It’s time action is take. Against people like these two to deter others from doing the same.

Morning lads. Hope we are all well today. Just a matter of days / weeks in my view until this is all sorted. Last two years Arthur will have had a shite Xmas dinner with outcome of Liberia And then the delay to Nigeria. 3rd time lucky for that Xmas turkey Arthur 👍

Did we ever get a response back from him? Just curious in case I missed it. Or was it shite talking again?

Would have cost about that just to execute the trade lol. Some people LOL

Hope tomorrow is a good day for the sounders and that share price starts going north again. Nn everyone