Mazzzzzzzzuuuurrrrrggggghhhhhhh you happy ol soul 😜
The MO cash and loan is Likely being converted to stock to get Russell to that magic 30% isn’t it.
The 5/10p warrants were always going to be excised consodering share has been above that since trading resumed, but I expect that they were hoping for news and volume to churn them in to, but as today shows plenty of buyers but they are just waiting for the deal to come to them.
will all be resolved and running to your expected standard soon I expect, you can’t change the past but you can make a buck predicting the future ;)
Who knows, but I’d say maybe the 5/10p warrants prob being excised that were extended (extension period expiry not mentioned in March RNS)
Well I didn’t expect it but there’s your 18p mazza lol
I think 2018 - 2023 to get an asset, do all the paperwork, approvals, raising capital and listing a company, prepare the site for production, build needed infrastructure, build a team, actually start production, sales, design and implementation of an initial exploration campaign for cobalt, research potential additional licenses, while planing and working towards a future that eventually results in the sale of the company is pretty quick. (While having to deal With a bit of Covid / scamdemics / inflation / recession / supply shortages / general African and UK bureaucracy)
And all on a relatively small budget, with little dilution (will be ~100m in issue by end of it, not billions like many)
Compare to what, how long has cast been waiting for its diamonds? How long has iconic labs been raising capital to pay off egho? How long has trp been trying to get a drill going? And the many other examples in hundreds of companies while management take untold millions in salaries.
;) smiles all round
Honoured to be mentioned, but yes I’m just in for another quick trade, and was hoping for a spike on a waiver extension RNS
Started buying very small again at 2.08 so I’ve not caught absolute bottom, but im just in for a red black gamble against the trend, not an investment for me just a gamble, not recommending anyone buy it, as everything is against IOGs favour right now, and trading it in to any potential strength is the plan, could have a pump off higher winter gas prices (next years futures which drop off again) but it needs a complete restructure and refinancing which will include D4e and higher apr longer duration debt to survive, current equity never gets a good deal.
The situation is very dire as reflected in the sp.
GL either way, stay nimble think bigger longer picture.
24th Jan 2023 7:00 am RNS $9m industrial and consumer goods contract win
10th Jan 2023 7:00 am RNS $6.6m contract win with global telco
22nd Dec 2022 7:00 am RNS $12.7m Contract and Trading Update
20th Dec 2022 7:00 am RNS Record $31m agreement with second global telco
13th Dec 2022 7:00 am RNS Third deal with global auto supplier
A few positive thoughts. (If the above legit deals that will generate the indacated revenue for wand)
Well done*
Well dont neil and co, i hope you recouped and made well the last couple of days, you took the risk, held till the end and it paid off big time.
Regreti spaghetti as i looked again Friday, and Monday on the RNS but didnt pull the trigger this time.
Https://insight.rpxcorp.com/litigation_documents/15295563
full text can be see on above link
interesting read, but i think the claim for infringment because "CAP-XX’s supercapacitor products are energy storage devices that contain electrodes" is a bit of a broad phrase, most energy storage devices i can think of contain electrodes of some degree, and that includes batteries.
They will need ~£2m in admin costs to get to end q3 and the may get the £400k if approved.
They might have access to £1m of CLN, but they are still very short and have no revenue.
The funding was for projects between £100k and £750k.
It doesn’t say split equally between the 3.
The company could have between £100k and £750k from the scheme.
Yes thank you stoxx
Hope we get a 300-400-500% rise please for me to brake even and never look back at this stock lol
There’s wiggle room, +200% to my original buys which are now
“ Why’s ?”
Nice to see a near +50% bounce from low asks but I’m not gaining anything from it.
5p, it’s been Taking the p (or two p) ever day
99.99999 chance against but they can repay the CLN to remove most of the risk of excessive dilution, -I say “most” because there are still fees that will convert.
That’s if there was a magical funder which I don’t expect there to be, strange how it gets dumped same time end of each day, so I’m expecting CLN sales to be occurring.
The Giga factory can work, but set up as a subsidiary only funded with grants, sod putting your own capital in to it.
I don’t see the big thing with these gigafactories, I think they are an awful concept but if the gov wants to pay for it they are welcome to it.
My bet is on CLN conversion, with shares being sold all the drop from 50p, then the last £1m gets drawn down, bit of relief maybe but that also gets sold / converted in to, then another raise, and then it’s dead if it doesn’t get any other revenue sorted
Terrible management, they have had since listing to raise the capital needed to get the company to its end point.