George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
It appears to be a strong disconnect to share price to IB, performing as a company, our Trevor has got to get some news out, 2022 has been awful for shareholder value and that includes Trevor! Hopefully 2023 better and a strong 2023 but some of the selling seems that some people have given up.
Swanny if it was not for you share price would be about 4p! Hope things work out, balls of Steal and all that!
8.2million is gross profit , pre tax profit £1million, still very good numbers, well done to BB!
You have to look at cash flow statement, those current liabilities will not be paid this 6 months, Dec 21 they were £392, so increase of £123k per cash flow statement, they have enough cash to see them through into 2023 but I would not be surprised at a raise but not at this level.
Per accounts Dec 21 it cost £1million to run IQAI and £583k for 6months to June 22, no where near your 1.7million,loss to Dec 21 £500k and forecast loss for Dec 22 is £125k your numbers are way off
Cash end of June £350k and revenues per broker note for 6 months to December to double and loss will be £125k per research note, therefore in theory no need to raise at this level 2.5p at present time, not saying we will not be I think it will be end of year when share price higher.
Very interesting proactive interview and very well explained by Dr Connelly, just hope trial is a success for more than financial reasons, good weekend all.
Blow, would note rule corporate action out, if software as good as supposed to be then a bidder cannot be ruled out but for how much is up for debate!
The paid for research note for 6 months to June 22 match’s within a few thousand the 6 month loss reported today£330 to £328, so IQAI management give Crystal accurate figures, now if you accept the 6 months to December 22 them income doubles and loss down to £125k, so hopefully that will be accurate as well, let’s see what happens!
Some nice buying!
According to note enough cash to December 23 and year to December 24 should be profitable, also think analyst although a paid report has seen company records and has a better understanding of we’re the business is going.
Half year results in August, maybe combining newsletter with results but when you make a statement saying you will be releasing a quarterly newsletter you should stick to those self imposed timelines! Anyhow personally think there is plenty of value to buy at just over 3p and think the next 3 months will be interesting, this share moves very fast both ways but downside is limited now but upside not!
Lol!
TB will make a cheap offer for company, take it private then sell!
My reply was to sweepie post saying that a third party are market leader, fine but Tern need to back that up with figures and that is why so is 13p not 30p per las May or 58p 3 years ago, I will be more than happy if Tern rocket to £1 tomorrow on a disposal of DA, more than happy!
Look at dates accounts have been signed off on in previous years, not when submitted to companies house, eg accounts 31/12/20 signed off by DA 25/1/21, accounts 31/12/19 signed off by DA 18/2/20, all via companies house.
Need to disclose revenues, DA financial year end 31/12/21, accounts have probably been done, publish them now rather then end of September and give a guidance off revenues going forward, AS/SP saying they will not do this is poor and part of the reason sp is we’re it is! AS, needs a good grilling at AGM!
Plenty of progress by IB but our Trevor is sulking after his last ruse regarding warrants failed so hence the lack of news but that has left the open question about funding for trials, do we need a raise or have enough cash, hence sp languishing until we have clarity.
Think it will be quite interesting, AS got to deliver something prior to that, new tax year next week, punters will be stuffing there ISAs from Wednesday onwards, all to play for!
So he can sell then, they are not going to run out of cash before the 31/5/22, they don’t have to take up warrants, they don’t have to take part in FVR fundraiser, they might get an offer for their share of FVR, maybe FVR will IPO and Tern dispose of their shares, as I said lots of options for Al,