PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Was in this a while ago but didn’t like the silence and missed targets etc.
Risk/reward for me is still too high at this price. Market cap still high at £37 million for a company with not even a fully confirmed drill rig, signed services contract or drill date let along chance of success.
By comparison WSBN @ circa £18 million with fully funded massive drilling going on for gold/copper and early results already highly promising. Just by way of comparison I think the current valuation here is too high.
If it falls to around £15 -20 million valuation may be tempted back but not now. New CEO would change thoughts.
Just listened again to the excellent presentation from LSE and Clifford.
Key point for me…….Microsalt talking with Fortune 500 companies re supplying Microsalt which has to be a no brainier for big companies wanting to demonstrate in the now caring for its customers health and first mover advantage.
A deal will take the company to a completely different level so the circa $7 million valuation in accounts will look ridiculous. Add at least a 0 to that for one deal let alone multiple.
Wakey wakey markets.
To our dear Queen. An inspiration for our nation for 70 years. Look what she lived through with all the developments in her reign.
How she would applaud our company improving peoples lives through better heart health with reduced salt Microsalt, ground breaking oxygen devices in Bellascura, future of autonomous vehicles and connectivity through innovative glasses.
Rest in peace beautiful monarch who truly served and made a difference.
The missing link in all this technology for Apple is Lucyd?
https://www.bbc.co.uk/news/technology-62827774
Chunky buy right at the close. Lovely hint at what’s to come in the RNS and we have seen how fast 5p is can rise 100% plus. Micr cap of £2 million means decent news on a JV or farm out and this multibags 5x in the blink of an eye.
Don’t know what the fuss is about. Got some more below placing price and with the amount of drilling happening and early results the risk/reward is looking very nice indeed.
Thanks for the cheap shares. Market cap tiny so on hitting the motherload add a 0 to the share price.
He has already said that returns will come in the form of special dividends.
The only issue is when TEK choose to realise the gains by selling the company (ie Guident) or selling some or all of their stakes in the listed companies. BELL already doubled in price and with results soon and further progress it could easily double again and then maybe some shares will be sold and a dividend paid to us shareholders.
Not for me sbj. Always going to b3 a churn with crowdfunders taking their profit, warrants etc.
It will settle and as results/further rapid expansion announced the market will re value it if not taken out by a big co first.
Was always seen as the runt of the litter but has done very well in such a short period of time leading to IPO and may nicely surprise massively to the upside.
Bet yours was a good question too Sea. It was so telling wasn’t it that he couldn’t speak further beyond want to achieve huge milestones etc.
It’s coming folks and currently we can load up at even more bargain prices but not for long that’s for sure!
Firstly congratulations to LSE and Clifford Gross for an excellent webinar.
Reinforced exactly why I am invested here and have continued to buy steadily as Inhave said before.
So my take on the presentation. Took us through the four companies and exciting prospects for each. The Q&A was most telling for me. The highlights are:-
Solarius - On IPO are looking to interview and appoint NOMAD in autumn for preparation for IPO.
Looking at achieving near term significant projects which he couldn’t comment further on (for me read one or more Fortune 500 companies are going to sign up for bulk B2B use of Microsalt).
Revenue with a large B2B customer is highly revenue repeat business.
No true competitor as only other companies 8n market is about potassium rather than our unique and superior product.
High demand for salt shakers coming anytime soon and huge distribution company Unify interested in being the distributor.
Lucyd
Delighted with the IPO
Already in 200 optical stores but nowhere near what they intend to be as they now ramp up sales/marketing.
Launched Bluetooth safety glasses
Launched man6 more styles of glasses
Launched docking charging stations for glasses
Growth from what listed in IPO document to be impressive.
Guident
Very coy. Mentioned already got a contract and many more clearly being considered and mentioned again about a possible trade sale which I think is the route for this one.
Bellascura
No questions about it but in presentation the market is huge and the product fantastic.
So an excellent presentation and clear for me that an RNS going to drop anytime v soon mega deals in Microsalt and other companies will then not want to be second best. The IPO could then be accelerated very fast as NOMAD being appointed.
Cheap as chips with four fast moving companies any one of which on it’s own can command a high market cap multiple of TEK current micro cap.
A hidden gem here but not for much longer! Hope this helps for those who couldn’t listen in.
Good fortune all.
ART are you invested here my friend as you appear to have a half empty glass?
For initial drill results on the massive acreage we have these are very nice indeed and hint at the motherload being zoomed into. Also just a hint at how high and fast this is going to go as more and more results from multiple drills now come in.
Money secured in difficult markets and full on extended drilling programme ongoing. Risk/reward looking like the multibagger in the making. See you at 20p and beyond.