Member Info for Gallmat

Check the q and a of past investor meetings. Answer is in there

Probably not the place for a trump discussion

Let's leave it for another place

I think this came up before. It does not make sense to sell the solution to nationwide. You want to sell the solution to lots of competitors including their competitors. Why would you want a solution where your competitor controls it, including data.

Personally don't see it

They also imply a 600pct gain in pat. I love the stock but will be circa 600m usd on an adjusted claim value of say 2.3bn. Maybe 25pct.

Feels too bullish to me. Gabriele went that high in the frenzy in the end but I would not throw that out as a Conservative target. I would do you own analysis. Throwing those numbers out makes me suspicious.

Personally surprised zen are a top pick.

They say they have a great litigation but are diluting shareholders to fund low ROI solar parks.

If you think you are going to 20x why are you raising money to make 15pct a year on solar farms? This spending also seems discretionary, when we spend it is to maintain an existing asset

Lcm probably have a good underlying portfolio. It just comes down to how aggressive the debt holders are and any white Knight.

Best case they strip out some good cases for a good price and recapitalise, but it is all game theory.

This depends more on how others treat lcm rather than the portfolio.

It's also worth noting that alot of the admin costs are probably optional and involve the ceo spending months away from his home to market the company for us. He will leave Australia for 3 to 6m next year to get the story out! Quite a commitment

As noted we don't need a raise. But if the company did want to raise 1.6m for marketing, that is 2pct of the market cap. Would anyone care given the marketing could help us multibag?

What is this rubbish about a raise. They had 1.9m in cash and had another 1.2m post period from warrants :)

People do realise the only costs we have are admin and theae are easily covered.

The other expense is to maintain our licenses which we want to dispose of. We only spend what we need to.

Just scaremongering on the raise!

Watched the latest video update.

Solving boop stock is basically getting someone who aggregates stock from usa and sending it to us. A solution but not really direct from source

All the other things seem fine, being able to unlock smaller orders, faster delivery and not spending alot on customer acquisition.

But it still comes down to cashflow. Are we making enough to be building rather than loosing cash and I did not see that answer in the video.

If discount dragon and nutri were smashing it and covering head office costs I think they would be singing about it. As they are not I assume we are not cashflow positive post period

We can have better margins and lots of people lined up to buy, but if working capital is eaten up head office costs you are stuck, you need a raise.

Personally like the idea of the stock but waiting to see what happens next

I actually still think lcm just had a bad run and has a good portfolio.

They just were over concentrated - management knew this and that is why they pushed the fund strategy. Sadly the bad run was badly timed.

The key is for them to raise some liquidity rather than a fire sale.

The issue with debt is the holders can simply be ar@&;#£ and go hard against you.

I actually like the ceo alot, he has a big stake, is super clever and really committed. I really hope the company gets a good solution and wish all shareholders the best.

It was Xmas in hungary today, so I am wishing you all a happy Xmas again ( mainly because I am a bit happy on the vino).

One day when this comes to an end I will arrange drinks in London. Hopefully everyone will have made some cash, we can celebrate and also discuss what will be the next big thing!

Have a great Xmas ( on the real Xmas day!!)

I actually think the issue with lit is not bad for us

If lit want to raise money panthera could be a good case to sell. Why?

It is not just on multiple but percentage of claim. Therefore there could be alot more upside than usual.

Secondly pat.l have sunk alot of costs already which can be recovered.

Also india will respond in Feb. Any purchaser will get a key insight into the arguments of the defendant. This derisks any purchase.

Add to this a near term trial.

If they did assign the case to another funder like burford that would be a huge endorsement of our case and proceedings to date

I posted on this on telegram.

You can sell economic interests in cases.

Burford did this for their largest win, giving away upside.

Rbg holdings also sold an entity with some cases and retained some in others.

I do think that lcm can realise value here, but they might not be in a super strong position so I expect and saviour will cherry pick what they want.

That is just normal. Business

I am not sure they are hiding the rns. When they find out material info it needs disclosure

Given the issues,I think the new fund business is pretty much dead now. Lcm need to be shown to be stable and to run cases for 5yrs+

My guess now is.

Lcm will try and sell off some good cases that are maybe more advanced to recover some cash and profit. They will then run down the remaining portfolio.

Another litigation funder could swoop in with a cheap offer at multiples. But honestly in a situation where people are In a bit of trouble you normally asset strip.

A bit like when a retail chain gets into issues and you take the best stores.

My guess is they might have to sell off some of the strong cases and run down the others.

Mr Bolton is certainly putting in alot of effort. Most ceo's would not leave their home for half a year to help get the story out there! Quite a commitment

Maybe, but TBH the rns will probably say we received the response from India. I doubt any information can be released due to confidentiality

So really for me it is just passing of time that matters

My target is 50 by Dec 26. Not sure when it comes but we will get there.

No doubt next year pre trial we will recalc the claim and that should be the ultimate catalyst

At 4500 if it stays flat here. I think with accrued interest 2.5bn to 2.6bn.

The claim is clearly on a royalty if you Read into the comments in interviews as calc is price x quantity. A mine Npv is not simple!

So we get a pick up of 4500/3200. 3200 roughly where we were when soc out. Add on 2 years interest at say 7pct. Add another 15pct.

10pct will defiantly be achieved and we should 2x next year at least.