Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Based on the current trajectory and strong performance, the Board anticipates that the Company will achieve profitability on a monthly basis during Q4 2023.
Last year was 11 July , already passed one month delay as of now. I think it’s about to land this week.
Any way, 20 to 30% increase from last year + Tiny profits will be good to send us over 120p + wining the rail contract again would be good and send us to 150+
I don’t see risk here mcap already collapsed
This is dated In December 2022. It seems yes back to 48p and going definitely to 100p.
Lifesafe (LIFS): 48p Target 100p
Another of the rather elite breed of IPOs for 2022, fire safety group seems destined to deliver as a leader in its chosen field. The strategy here was sound in that the company chose to lead with exploiting the domestic consumer regarding its StaySafe 5-in-1 fire extinguisher which can extinguish electrical, paper, textiles, cooking oil, petrol and diesel. The added plus is that it does this in an eco friendly way, something which has made the product a best seller on Amazon Prime. With this “every home should have one” product, Lifesafe has a solid revenue generating base to expand the footprint into the industrial area, as well as offering more products across the board for the domestic market. However, LIFS is doing well enough even with the present offering, with the upwardly revised its expectation of FY22 revenue to between £3.5m and £3.8m versus the previous £3m announced early this month. However, the big leap from the group for 2023 is going to be the newsflow associated with expansion into the wholesale and industrial areas. The big prize would be progress in the lithium-ion area, where as things stand when such batteries catch fire, the results can be disastrous. One only needs to think of laptop or EV fires to understand the scale of the problem and the unique position the company is to address a massive addressable market. Of course, investors in 2022 have not exactly been keen to give the benefit of the doubt to new concepts, even one as strong as next generation fire extinguishers. This is even though given how horrific EV fires can be one would imagine that fire extinguishers that can put them out would be mandatory as soon as they were produced. We are on the runway for such a scenario as earlier this month LIFS announced that it had made patent applications for a new fluid to extinguish lithium fires in lithium batteries. One would assume that Tesla’s Elon Musk, amongst other EV manufacturers will be taking note. In the meantime for 2023, with StaySafe 5-in-1 continuing to fly off the shelves and with the prospect of an expanded product roll out their appears to be little reason for LifeSafe shares to be trading below their 75p IPO price. Indeed, with only 22 million shares in issue it will take very little for the stock to squeeze back up from whence it came and beyond.
I ordered their product, really amazing.
Growing more than 70% this year. With profits in Q4
They got the cash + credit facility + institution investment
IPO price soon
Remind me Of Joureno when was 50p .
I meant 51p
Culpepper ; I rush into buying this at result day at 40p.
Further study shows that despite 90% increases in revenue, gross margins is really low , ending more loss than before.
Borrowing is huge, and no cash only 0.5
I will into loss and lesson learned not to rush ? Or I am I missing something here ?
1.3 million cash left as of December
Huge loss (Administrative cost ) 10 million
They might achieve profit next year but it will be tiny as 2 placing at least coming in in they way
I would say watch at the moment and buy after next placing
Most of Directors and PDMRs of the Company bought at 1p over 2 million each around May time. Unbelievable opportunity to buy again around same price after this RNS.
I am in 1.24. Can’t ignore Lithium
Market is sleeping on this one. Completely amazing. 60p incoming in next few weeks
Market completely missed this one
In general, titanium will usually be more expensive than other metals because it is rarer than other metals, and because it is typically only found bonded to other elements which can make processing more expensive
Titanium is as strong as steel but much less dense. It is therefore important as an alloying agent with many metals including aluminium, molybdenum and iron. These alloys are mainly used in aircraft, spacecraft and missiles because of their low density and ability to withstand extremes of temperature.
I understand your frustration. You might bought around 5p+ or more.
Anyway, is good entry level now , as of us fresh trader/investors is good opportunity. The share price been depressed for long time and i feel it is time to buy
Please guys i am trying to know how much is % the interest In westefuel ?
I am in today morning for 25K + 25K to start off
Cash burning £ 3.5 million per years . Cash at bank as of 31 December 2022 £ 1.64 million.
As of now July 2023. I guess they left with one month salary .
Wait to buy around 1p