Member Info for GLR1990

Looks like someone took £40K of the placing (10%) and sold it

Round numbers the only evidence of course!

The base case cut off grade for the previous reserve and pre-feasibility study was 1% TREO, obviously this is subject to review and change for the bankable study but that gives you an indication of where to start

Had me in stitches reading that :')

What’s going on with solarwinds they had a ton of meetings lined up has there been any contracts signed or news? Or are they not releasing the news but going to put it in the next update?

May get involved here been following it for about a year but even though cash is strong I’m concerned how much extra revenue they require to cover the current losses (at existing run rate and a margin of 36%) are they expecting much higher margins for the solarwinds clients?

800 Tetis minimum order from Shiptek, not sure what we charge but let’s say it’s 300 bucks (retail is 600) that’s 240K
WatchLock 3 backed orders of 250K
NA contract 2.5m as you mention IF that’s... well... 2.5m
SAS 1.8m but could improve to 2m+

And before you even arrive at the office you’ve got 5.1m in revenue

Thus excluding
CropX
Wimc
Bosch
Ebikes
Cube sales
Further Tetis Helios or Kylos sales
Further WL3 sales
ATM machines
Kenya police project
Concrete monitoring solutions
Contguard!
Pinnacle systems
Explosive solutions cattle monitoring

Any other deal in the next 12 months not with a partner we already know about
That 2.5m NA contract really is a game changer if it comes in... let’s get the 1.1m first

Dont forget February 2019 also

Agriculture technology startup CropX Inc. announced Wednesday it received $0.5 million from Ireland Strategic Investment Fund (ISIF), a governmental investment arm. The money will fund CropX’s crop yield optimization pilot in Ireland, set to launch in February.

https://www.calcalistech.com/ctech/articles/0,7340,L-3752924,00.html

We might get a few orders initially from this, and then a significantly higher volume if successful

Still a fair way to go yet, should be trading 8-10m+ MCAP IMO, not many tech stocks posting a potential 500K EBITDA+ and in some great markets also (AgTech, IOT. Container Monitoring, Blockchain Shipping, Cargo Monitoring, Fuel Monitoring, Concrete Monitoring! etc. etc. etc.)

I wouldn't even sell KYLOS for less than the current MCAP with the partners it has (Bosch, CropX)

I'll take some at 6.6p if anyone is offering?

“We are not going back, these changes are meant to end the road carnage. The set deadline is not going to be changed,” said Meja. All vehicles weighing above 3,048 tonnes are required to be fitted with a speed governor.

http://www.mediamaxnetwork.co.ke/493349/ntsa-will-not-recede-speed-governor-order/

National Transport and Safety Authority (NTSA) director general Francis Meja says the authority will not recede its directive for all Public Service Vehicles (PSVs) to upgrade their speed governors so they can relay real-time speed information.

Whens the update expected folks?

Looking to add on the back of it

GLA hopefully double figures in 2019, another (or a few more) publishers and will be well on the way, especially if another one comes in Q1

What sells today?

This has happened 3/4 times in the last 12 months, unless you've been here for a couple of weeks most LTH are fully aware of the current 7-10p trading range

Noble group news is very reassuring

Why Mining Neodymium (and other rare earths) could be very lucrative in the next 3-5 years

'demand for the rare earth metal is outstripping supply by about 3,000 tons per year'
https://www.cnbc.com/2018/10/18/neodymium-china-controls-rare-earth-used-in-phones-electric-cars.html

More on Neodymium and Lanthanum

In September 2018, the US backpedalled rare earths out of the finalised trade tariff list on Chinese imports, realising the reliance on Chinese processing
https://renewablesnow.com/news/fundamental-shifts-for-rare-earths-following-an-electrified-automotive-industry-636128/

The fact MKA is based outside of China makes it just that more appealing...

How much money did/do they stand to make from the September 50KT order?

Looks like they had a good 2018 - 9m+ raised should hopefully see them through to profitability

Just wondering how close they are at the current moment

Irish Government has Invested $500,000 in CropX to launch (In February) a yield Optimization pilot in Ireland

https://www.calcalistech.com/ctech/articles/0,7340,L-3752924,00.html

Fantastic News - Nothing to stop us now all in our own hands!

MINE LONG AND PROSPER!

DHL if you are watching we have the perfect cargo tracker for you get in touch sales@starcomsystem.com

Although seriously would be fantastic to get a big player on board, Panalpina trialled it back in March 2018 however I think they only have one aircraft (the spirit of Panalpina) so although that's great, a bigger fleet from this endorsement would be fantastic news.

Need airline approval then it will 'take off', until then I am not sure we will see much from the TDL
Hopefully Bosch are helping with airline approval - get some big names on board! Panalpina have already approved it (Amerijet, and Icelandic Air) surely we can finally get a big name in 2019?

Not trying to Deramp at all, seen a lot of people investing here and its been a topic of discussion a few times through 2018, like I said I just took a quick look at the numbers as the RNS seemed bullish but I couldn't quite figure out how they were going to cover all of those admin costs unless they had a way of significantly increasing revenue/margin whilst also lowering admin costs (by a good percentage also, at least 50-60%, ideally 75%)

Was hoping, as with any good share, someone would reply clearing up the numbers - not really a deramp just stating what is in the results with questions that, if this is going places, can surely be answered?

Had a quick look here as the RNS was quite bullish stating record revenues and 250K achieved in a month etc.

Thank's to Orange88 for the link to the actual numbers

This may be wrong so happy to be corrected

2018

Revenue 1.5m
Cost of sales 1.3m
Margin (around 13%)
Admin Costs 1.65m
Total Loss after Tax (1.2m)
Cash 2.1m

So, according to their bullish statement of making a record £250K per month, lets say they keep this up all year round, thats 3m for the year

So thats 3m at a margin of 13% which is 390K profit?
After admin costs 1.6m that's another loss of 1.2m?

There's more to it likely but I'm struggling to figure out how they are going to cover the costs with profit even if they increase their revenue to 6m per annum? The margins are so low?

I’m annoyed at the SP like everyone else, was sitting on a tidy profit now down around 20-30%

Am I concerned, not really - as a LTH I sell when the company reaches my target performance

Im not saying add more and invest, im also not saying don’t sell, that’s your decision, do your own research make your own decisions

CropX - Circa 1-2m orders, huge growth, proven tech (Arizona project) ICL investment, new sensors, Verizon LTE network established - 2m+ out of the question for 2019?
Bosch - who knows but there will eventually be referrals and more sales, they have the product, it’s not just going to sit there - lets just say 500K (from retail and referral, if it’s more great)
Watchlock - 250K from new product, Cube IMO has made 500K from release, Watchlock is a 1m per annum product
WIMC - hopefully another 500K-1m USD (great client)
Shiptek/XLOG - committed to 800 Tetis but I think they could order more, XLOG looks huge! Let’s be a bit ambitious and say 750K (that’s around 1600 units)
NA Fuel Monitor Contract - 2.5m potential Helios Adapted (Might not happen)
New motorbike client - Hopefully become a new big partner but until details come through, let’s just say 250K

At the minute we are at around 4.5m without the 2.5m contract coming in and NO general BAU sales
Don’t forget to add 1.9m SAS

If everything comes in, we keep our strong relationships and they all grow, we could seriously be looking at 8-10m revenue in 2019!

**Disclaimer

I did have this optimism going into 2018 - and the above figures are just guesses, until we see the trading statement we won’t really know - however the point of it is to see how much progress we have actually made in the last 12 months and there is still likely more to come

So am I throwing in the towel at 4.5m MCAP?!
Of course not

Remember this is NOT investment advice, do your own research make your own decisions it could obviously all go terribly wrong at any point and there is no guarantee any of the above will happen - GL all LTH

**