Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Juts read GBs Twitter leads me to belive there is an RNS coming tomorrow
Not sure how amazing this award is, hardly the Golden Globes or the Oscars, looks like you got an prize for turning up.
We need some real solid news on turnover and profit please GB
I do understand the concerns raised over lack of contract new, however, due to the increased turnover the value of what would be considered a significant ordered has been.dramatically increased and would not demand anRNS, so we really have no idea of how well DVRG are doing, apart from the fact that should the revenue be + or - great than 10% of market expectations the market must be informed, I thinks is 10 % happy to be corrected. That figure is £24 Million
CR deal must still be on the table again or an RNS must be issued.
I think there is a lot going on in the background.
If I were presenting at a Global Investor Summit over a weekend I would want to be able to publish a decent RNS the Friday before, but that's just me.
The glue in the middle of all this is Rinocloud.
Modern water is at the forefront of the UK Government’s Sentinel waste water project.
SAYS IT ALl
Gwoods, don’t let the truth get in the way of a good story, the share price did not move up on the news of the CR MOU, that’s a fact.
I’ve returned from a cruise 4 weeks ago during which I caught Covid, it strikes me the tec is too good and that’s why there is no take up from this industry, blissfully ignorant, I had absolutely no temperature and that was the only gatekeeper, IMHO the ship was full of it and had the operator know of it they would have had to take action, if they don’t know then …….
Hutchy This is the most impressive video I have seen in a long time, WOW
https://player.vimeo.com/video/620560726?h=423f03475b
I think Gwoods is an absolute genius, I hang onto his every word, his reasoned and factual comments are a delight to digest, he is a smorgasboard of wit a banter surpassed only by his obvious intellect, my advice GB is get the Headhunters on it find his true identity get him on the team.
OK so we have raised through placings and loans £35 million in recent months, some say the company is burning cash at an alarming rate.
To manufacture at volume you have to invest, in people, property and equipment this is I am sure a fact we can all agree on, let us just for a moment take a deep breath and think, what if Skin Trust Club becomes a unicorn, what if Modern Water sell 200 units a month what if the BT trial is successful, the only way this can happen is because of the cash that was raised, GB mentioned due diligence recently in relation to the £25 Million to get big orders you need to show you can fulfil them, now lets go back a few years pre MW 2018 GBs wife lent the then integumen cash to pay the wages. Revenue prediction reinforced 3 times in recent weeks £24 million this year wow !!
DVRG had to raise the cash to move forward, this is not to keep the lights on its for expansion. finally when I first purchased shares in 2018 it was because of the none animal testing of cosmetics and the artificial skin, that's the foundation of this business and its hardly mentioned now on these boards, I remember when an RNS mentioned we were working with a couple of the top 10 cosmetic company's in the world, we have come such a long way
in a very short time, lots of spinning plates, and yes a couple have dropped, but what an incredible journey
DeepVerge’s recent record of delivering triple digit annual revenue growth is set to be sustained in 2022. The new year is now
starting to witness a step-change in both international need and longer-term demand for Modern Water’s unrivalled pathogen
testing equipment. In tandem with this, Group receipts continue to grow rapidly as processing capacity for Skin Trust Club’s home
test kits expands in response to surging demand, while Microtox BT’s regulatory tests and joint venture negotiations with China
Resources remain ongoing. Recognising the scale of the opportunities being presented and in expectation of further significant
news releases in coming months, TPI retains its ambitious 2022 forecasts for DeepVerge along with a DCF-based valuation, which
suggests the shares presently trade at less than 6x its 2022E EBITDA multiple while implying a share price target of 94.7p.
Tell me Retireby40, when was that last time to built a multi million ££ business you should perhaps apply for GB job, then you could show us how it’s done
Euroboy,
I think that DVRG have done some amazing work turnover of 218k in 2018 to guided 24million this year is more than remarkable, so I see many many positives, my view is folk that don’t understand how to create a massive business me included need to judge on the long term results and developments, I don’t see any negatives at all to be honest what I do see are people with unrealistic expectations all IMHO.
G
Retrieby,
Why are you so desperate to publish your negative view, posting the same negative comments on 2 boards at the same time within moments of the announcement strikes me as someone with an agenda.
And let us remember in 2018 this company turned over £280k.
Really positive news it would be nice to see some of the negative posters acknowledge this as a pivotal announcement.
Lots of views positive and negative, but the underlying fact is DVRG a have just raised £25 million, that’s a really good indication that’s it’s got some big future plans.
I share the total frustration over the share price, but the fact is that we are on track for everything that has been published, if not an RNS in mandatory, that’s a cold hard fact, no if no buts, or am I wrong ?
We need a published revenue figure for this year, come GB do it that will settle the nerves, and news on the Government trial would be nice
An RNS with revenue forecasts would help, I have said it before, it is worrying that there has not be one, simply saying inline with market expectations is just not cutting it
LT, I see this as business as usual, no news yet on the many many other projects underway, £5 million in Q1 is amazing, we still have 3 weeks of Q1 left and on top of this there’s skin trust club and labskin WOW