Member Info for isb1974

Everything on this board is speculation until it’s confirmed by an RNS :)

Clarification from the board! You mean the board that told us that the ore would be shipping in Dec19, that everything would be finalised by June20, that everything was agreed in principle in Dec21 and the one that said it would be 2-3 ships to achieve the $10m profit? I won’t go over all the other bull that’s come out of their mouths about other projects.

Quite frankly it’s a good job that ore pricing has gone through the roof otherwise last year we would have been shipping the stuff at a loss. So I suppose by some good fortune it’s a good job it’s taking so long to sort this out.

So when is ship 5 due? as that seems the important one now.

I’m finding all this quite funny ... I’ll tell you why

About 4-5 weeks ago Kiran said it would take 2-3 ships to get to the $10m profit figure. I’d like to think that Kiran pretty much knows the exact cost of these shipments and hence the profit, given his involvement, so why do some people think it could be 4 shipments when it has been stated as 2-3?

If it does turn out to be 4 and therefore Kiran has got his costs/profits wrong then god help us for the rest of the project with Kiran in charge!

Based on what has come out of his mouth in interviews recently we should get an RNS about a bank agreement before the 27th May or that 3rd ship may not be going anywhere and if it does then the 4th ship definitely isn’t docking at the port on the 29th unless the RNS lands on the 28th or 29th.

Crunch time is here, unless of course Kiran is just talking b***ocks

No it says iamrich in the post

Iamrich - really? I’ve never heard you predict that before!

It’s almost over MrC ..
In an interview a couple of months ago Kiran said the $10m would take 2-3 ships.
Ship 3 is due to set sail in 7 days from now.
In an interview a couple of weeks ago Kiran said he expected the banks deal to be done by the time the $10 shipping is complete.
Therefore, by his own comments he has 7 days to get the RNS out.

... oh wait a minute he also said it would be done by June last year ...

And he also said a couple of weeks ago that it is being delayed due to covid in India .... why say that if it was going to be all done and dusted within the next 2-3 weeks when we have waited over 12 months already?

If it is being delayed by Covid then how is boat 3 going to sale in 7 days time if it means profit will be more than $10m? If ship 3 doesn’t take it over $10m how can ship 4 happen which is due in port in 9 days apparently and definitely will take it over $10m?

Whatever happens in the next two weeks we will see if Kiran has failed to hit his timescales again or whether at last he has achieved something.

I would like to think he actually delivers, but going on the last 6 years I’m not holding my breath.

I just wish we would start releasing some news to put us all out of our misery. I don’t recall an RNS for Mobileye like we have with Qualcomm and omnivision? It’s just a shame that if we are working with Mobileye why can’t we release a similar RNS for them? The same could be said for CAE and Renesas- You would have thought these companies would like to be linked with the market leaders in DMS - perhaps when it’s out there that we are behind Ford, BMW and Mercedes others may allow us to announce news due to FOMO :) especially if Qualcomm start announcing new wins inc with SEE DMS

Lewbo18 - you asked Glandore for a link - think this might be it - https://www.eetimes.com/cost-looms-large-in-dms-race/#
Thanks

There is a list of end of year predictions somewhere which was done back in Jan.

I know it’s 4 months further on but I’m sure these could be added to that list.

EV_Bull as far as I was aware the only certainties in life are death and taxes.

I’ve not heard a saying that says “the only certainties in life are death, taxes and cadence owning 27% of Amapa”

Yep certainly Yo Yo - 23% drop since the 7th April - feel sorry for those who bought in at 29p due to the ramping.

But don't worry Cadence have started the tweets about iron ore pricing again.

Looks like we are in a period of no news again hence they wheel out the tweets.

Another Alan Green podcast anyone?

Just get the agreement done ffs

Spot on mac

I don’t see a boat for DEV in April in the schedule?

I wonder how long it will be for the next shipment? I see it was 2 months for UNAMGEN between shipments, so end of May perhaps for DEV?

End of July, for third one and then agreement needs to be signed otherwise things come to a grinding halt again.

Now the shipping has started I can see the agreement dragging out longer whilst the shipping happens, so not expecting anything until July/August.

Welcome back Iampoor - not seen you since the 7th, the day of the webinar. What happened did you sell on that day and today you have bought back in so its time to start ramping again?

Just out of interest what would a 150% rise give us from here in terms of an SP?

Please can we have one on Monday morning for Ford or Merc or failing that L3 or CAE

Just do it - Ford and Merc are hardly going to rip the tech out of the cars now!

That last bit was a joke by the way! Do as you are told of course so we get in every Ford and Merc in the future :)

That’s the downside of written comms, they can be interpreted in different ways.

But then I suppose verbal can as well if you listen to how some people interpret the words that come out of Kirans mouth

Masterbaker, if you are eagerly waiting for me to sell so I disappear then I either suggest you filter me, like others have, or pray Kiran delivers sooner rather than later. I'd probably go with the former.

And as for ROS it wasn't me so no I don't WBM - if I have interpreted your internet slang correctly as there are multiple meanings of WBM

The twatter rampers have gone because they sold out at 30p like I should have done, but once again I started to believe the deal was imminent like I did last June and November. They will be back soon once they have bought back in to ramp it up again with their "the deal will be done in the next week or two weeks" statements.

Knowing my luck the time I do sell will be the time Kiran actually delivers a day later

Oh god it’s like I’ve gone back in time 6 years, but this time it’s a £ and not pence party

ROS