Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have just listened to Fin’s interview and is seems clear to me nothing has changed.
The fact is that should any of the numerous projects fail the an RNS is mandatory, it’s not something that can just be ignored or put to one side the rules are vey clear.
So China is still on the table, mass production of Microtox units underway, skin trust club gaining traction daily. Waste water trial just ended of which we were the only participant.
So nothing has changed from pre Christmas, whilst I would love to see the price higher I do believe that it will all come good in the end and the indications are there for all to see, not rhetoric of speculation, if DVRG follow the established rules of AIM then it’s all good so relax
Stock markets across the world been devastated today. Lloyds down 11% Barclays 7% FTSE -3%
The events in the Ukraine bring everything into perspective, how can this happen in modern day Europe, so lets suspend all the negative statements for a couple of days, nothing can be read into the share price at the moment so let us count our blessing that we are far away for that part of the world.
They should have issued a revenue forecast IMHO for 22/23, why oh why would they not do that ?, business is built on confidence.
I am not selling so the price at this moment in time is irrelevant to me, the CR deal is not priced in and last years turnover was without any Covid revenue, so its not an unreasonable market valuation at all.
It is worth remembering that should there be any information that has a material effect on the share price it must be published through an RNS, so in short nothing bad to report, and everything published is on track.
This is about government’s having a robust surveillance system in place to monitor the health of its citizens, flexible enough to adapt at short notice to detect bad actors through wastewater.
DVRG has this product , the world needs systems to combat future pandemics, it’s not an option to just ignore the last 2 years and how unprepared the world was back then.
Planes and Trains, China fits nicley with the start of the Olympics, DVRG monitering water.
#DVRG&CR
I find it strange that there is to be no revenue forecast, I understand that should the market expectations be significantly different then there would need to be an announcement, but why would there not be an RNS say giving information on a another year of triple digit growth as a minimum, seems that we could use as much good news as we can at the moment with the share price bouncing, and not everyone listens to the online presentations.
I would be really interested in canvasing opinion on this ?
Great report, but can we keep a bit of perspective to avoid massive disappointment, IMHO tomorrow will not show a remarkable bounce back to the 30s, nothing in that article is new, the bounce will come on contract news, so maybe that will be next week, maybe tomorrow, but this report on it own will not in my opinion see a massive uplift, and I do so want to be wrong.
A solid performance in a very difficult trading environment.
Anyone who’s look at these results negatively has a unrealistic expectations, and IMHO a display a total lack of appreciation of what is involved in growing a company to a multinational level.
I for one would not know where to start and am so impressed at what has been achieved over the last 3 years, and I am happy to wait another 3 years or longer for what I believe will be an extraordinarily successful exit.
To all the team at DVRG thanks for you efforts and very impressive results.
I don’t visit this board much now, it’s so depressing the amount of utter garbage written.
The company has made unbelievable progress since the new board were appointed, and IMHO has an unrivaled future, a couple of hundred thousand turnover to guided £10 million and I look forward the the forecast for 2022.
For those that invested when or around the appointment of the new board we have done very well, for those that JUMPED in on the back of Covid, then I understand you may be disappointed, but perhaps you had unrealistic expectations.
Ah,
Looks like I was wrong newuncle and the revenue for next year will be around £24 million
As that was in the broker note
G
Exactly, they put numbers in a spread sheet, a little better than a fag packet but only just , GB with let us have the numbers in Jan
Newuncle,
I think not, revenues are material and would only be able to be published with an RNS, I am not saying the the figures for next year will not be guided at 24 million, just that this has not been published by the company and the Turner Pope figures are purely a guide for investors.
Happy to be corrected.
Isn't exciting that Skin are now coming to the forefront with the Skin Trust Club, looks like these guys could dwarf the fantastic modern water sales in the no too distant future, all all in the middle of a pandemic.
Well done GB and the team
Paulcon,
DVRG have not issued any revenue predictions for 2022, the brokers note is a guide, that is my understanding happy to be corrected.
I have no doubt that the 2021 revenue figure will be achieved and never have had.
Dingodog,
It obvious that GB has done as promised and hit his revenue target, that is what is so reassuring about his revenue forecast he never over promises, lots of folk focus on what the long term plans are and try and predict what the revenue will be, he forecast 10 million and will hit 10 million, we can ask for no more than that, my feeling is that he has some very large orders in the bag due to be signed off in early January and this will be announced with the unaudited figures from the year 2021, this is what happened last year if you recall.
I noted his reference to a potential order for 100,000 skin trust orders from a US company now that could be some serious cash depending on the discounted price, and there is the problem, some people will work out the 100,000 x £70.00 and be disappointed if anything less is published, I also note his reference to Cruise Ships still on the table, I have absolutely no idea what the revenue projection will be, but anything of 100% from the year 2021 will be brilliant lets all readjust or expectations so if there is a massive move we can all celebrate.
Lots of speculation and share price fluctuation, well what we do know is that in the next 6 to 8 weeks the revenue projection for 2022 will be published, this will be based on solid information forecasted orders, this will not be done on the back of a fag packet.
These figures will set the tone for 2022, I have no idea at all what they will be and await in anticipation, ask yourself this question.
Would you want to be in or out of this share the day they are announced ?
Mary Christmas to all especially anyone working with or in the NHS
Ragnarr,
Your absolutely 100%, anything that would have a material effect on the share price must be published through an RNS when that information is known, so the China deal is not off, and if you look at the share price the day of announcement of the CR agreement had very little effect so it’s not priced in.
Also there is no massive sell off, 130k shares sold today more than purchased, out of 215 million shares, I can’t be bothered to work out %.
Nothing wrong with DVRG IMHO, some brilliant RNSs recently
G
Morning Dingodog
Did GB not say that there was an announcement to be made about details of additional partners for assembly?
It could well be that the recent news will push things on a little.
I think news is imminent, next week perhaps the recent RNS re the shares for salary was a clear indication of tidying up behind the scenes, there is no other reason for that IMHO.
I have never said there will be a block buster RNS and I don't think there will be one that sees share price double in a morning, however a deal with CR will.move things on nicely.
With a new and possibly more aggressive variant, now is the time for the dexterity for the DVRG Mocrotox PD to reveal it’s awesome potential.
Could this be a housekeeping exercise to get things inorder as part of some due diligence, agree its not the best timing and gives the naysayers something else to have a go about, so am looking for the motivation behind it, just a thought?