PYX Resources: Achieving volume and diversification milestones. Watch the video here.
never seen myself in sales / marketing, but thanks for the offer :) I'll try and catch up with him next time he's in town though - there's a few folk around here may be interested in doing something, I'm actually quite serious about it, but don't have the time at the moment to go it alone, and part time directors are never a good idea for a start-up.
Absolutely, I'm thinking of other uses though - closer to retail size. Imagine using this as part of a project management tool - give a portable version to engineers / developers / contractors, with notes of the current job on it. Once done, update it remotely ready for the next job - could easily be linked into workflow / ticket tracker tools, and so much less hassle than having a large laptop to carry around, just use it like a paper notepad really. Also great in the real retail world - use it in the kitchen for recipes, a screen that won't go to sleep like a standard tablet, and only needs charging once in a blue moon! Go on Densitron, show some imagination and get this out to the masses!
About time they said something formally. Very positive, its fantastic technology and we'll see it everywhere soon. Loads of applications not yet published, maybe not thought of by the company, this could be huge!
Thanks, I'd missed the other side of the option, thought it was just one-way. Now it makes sense!
Thanks for the suggestion, I've not seen him for years, time for a catch-up probably. Agree Re valuation, but I thought the same a couple of years back, and we've more or less halved since then, despite growth of product and apparent market, alongside divi payments - sometimes you can't explain it!
'course I'm still here Loft, not so easy to see the back of me! In answer to the Scouser in red, yeh lots of board level experience - mines mainly sports betting, coincidentally a bit of Casino too, and the odd foray into financial services. My experience is that it is impossible to turn things around overnight, unless you either get a massive cash injection, or go for a Friday Night Special. Its worse if you've a ton ofdebt and your market is falling apart, compounded by a load of essential kit needing replaced, which is why I'm comfortable with them taking the time to get it right - and planning for 15 and 16 is absolutely the right thing to do, so long as there is also a short term plan toget to 15 (my assumption is still Tri-K disposal). GLA Happy
15M non-current already in the accounts, but the call has expired, so why renew now at favourable terms rather than just saying so be it, you have the shares?
Densipaper looks great, all sorts of uses, but where can I find out about the relationship between the companies - surely this counts as a significant related business and must be declared to shareholders - is it a wholly owned subsidiary, a formal JV, a plaything for the board to take profits outwith Densitron? Please point me at some answers! Thanks
I knew you wanted to buy back in :)
Not sure I want to see that! A lot of sells today for it to turn bearish though - the intermediaries won't want to lose too much at the close.
You can't, but I know a lady that can !
Unless they are in the loop, which is unlikely!
that's not how I read it - more like 1200, which is still too high, but will reduce as the smaller pit shells processing (lower recovery) kicks in. Must be an opportunity fro someone to buy their waste - the full pile must have more in it than many operational mines by now! Regardless, I agree to some extent with you, Webbs and Pompey - David et al started off well when they first acquired this, but have not adjusted well to life outside of the Bakries empire. Hopefully externals will help get them focused again, as there are certainly assets here that can be realised, and we're a long way from dead! Happy
'hope you sold at at least 11.5 and didn't panic into the oversell. Keep watching and you'll be back - none of us stay out for long! GL, and if you're looking for a quick few percent, GEMD will be releasing their results on 17th. Happy
Nothing new in the statement, which is good - no more skeletons revealed! We're still short of cash, so need to raise 20-30 this year (not sure of the timescale on that). so, looks like we're in discussions to sell Tri-K to raise finance to keep operating into the profit years. That will give us four years to find new reserves somewhere - expansion of Inata is possible, and Souma can come on line, or we could look further afield. All pretty positive really - I await the next update with some excitement. Happy
fingers crossed - not sure who's playing games today and much of last week, we should be flying - my guess is someone is trying to accumulate (albeit rather slowly!). So far as I can tell, we're on for a really good report on 17th / 18th, should head north of 200 again finally. Confused as to why we aren't there already - there has been a steady flow of very good news for most of the year - but not in any hurry as this is a keeper! Happy
So, if we impose sanctions, then where do we get our gas from? Germany has the largest reserves, sitting at about two months supply. It's not practical to import LPG from the 'States, and the North Sea is unable to ramp up capacity to fill our needs (our as in the entirety of Western Europe). Maybe we could come to an agreement with Iraq / Kurdistan to start shipping oil through Turkey, but that wouldn't remotely start to address the electricity generation question. Load of bluff and bluster from the West who probably triggered this be encouraging Ukraine to tighter western ties and even to look at joining NATO in the future. Maybe Crimea will be sacrificed, but it is essentially Russian anyway (less than half a century since it was gifted to the Ukraine if my tired old memory is anything like accurate), but then it will fade away again. In the meantime, RPO is still f&*ked as we can't seem to sustain any kind of production, Slumberger or not. Having said that, our natural level is around 40p, so plenty of upside still sitting here if you have the cahoonas! GLA Happy
Two things - as Lofty says, there is still uncertainty over finance (but I would hope that as it is such a small amount that we are behind, then this should not be an issue, especially with gold being over 1300); secondly, never assume that bad news is priced in - most investors do not actually look at such fundamentals, they will just see bad news and price down accordingly - that is where many great buying opportunities arise, the company will be oversold, then over a short period recover to where it was as the long term investors become dominant again.
I think you misinterpreted me - what I meant was that if this got any higher, then there'd be a very rapid crash back down. Gold rising is obviously helping us, but we're due the unhealthy news at the end of the week which the general population will read with dismay, despite it all being in the open already. The tea leaves are looking good though - bought some Lady Grey by accident, and it's actually rather tasty! Happy
May need a dingy, we'll be roaring down rapids if it goes any higher!