Member Info for JAMESY1980

I wouldn't read too much into that. Look at HE1's massive dilution in December. CEO took the greatest position from their exec/board in the issue with £5k worth. They announced positive drilling results shortly after and 8 bagged from the issue price.

A pitiful take up can be a bad sign, but I also suspect it is a great defence if the SP rockets on good news shortly afterwards. I'm hoping for the latter in this case!

I believe that Genedrive have the potential to achieve a valuation in excess of £100m. It would arguably be relatively disappointing if this was the ceiling for a company which will have spent the best part of £50m and many years of hard work to get to this point. I've lost money on a couple of occasions in this company and am happy to admit that I know very little about the segment they operate, but I take comfort in the fact that the detractors around GDR largely appear to think they have good products. I know that companies are not valued based on the cash historically invested, but following a (hopefully) successful funding exercise, GDR will be valued at £3 or£4m more than the cash they will have in the bank which seems like a good bet to me from here so I've been building up a holding at these levels. GLA

BankruptStock. Whilst I agree that it will take sales to turn this into a sustainable business, it is just wrong to say that NICE approval will not impact the SP, nor that this company are heavily in debt!

I'm not really getting the animosity here. Cheek literally said that there were concerns about keeping the company afloat. He has delivered progress and going by early price action a reasonably well constructed placement. Any thoughts that the company could raise more than their mcap at anything other than a significant discount are pie in the sky. And suggesting a rushed raise of this magnitude straight after a spike on good news when it touched 9p wouldn't have been successful IMO and could have sparked death spiral. I know it's a long way back for many with this dilution, but I suspect GDR are still in the game which is better than the alternative.

What is the thoughts on the SP tomorrow? 1.6p?

Although a very different industry, the situation has a lot of parallels with HE1s placement which ws at an even bigger discount and then 8 bagged shortly after, although it has fallen back a bit since. Even the paltry sums taken up by insiders who surely knew the imminent potential - clearly got their backs scratched elsewhere...

550m shares at 1.6p would be under £9m mcap. It was higher than that recently with the funding challenges declared. Could be a good punt from this point.

No reason not to invest here. I threw another £10k in, the three purchases astound 10:30 today to take my holding over £40k. I love a sleeper. It's is just a waiting game, but very low risk IMO for a penny stock on AIM with so much potential.

Frankie. Whilst I am in STAR and feel that it is still undervalued at current MCap, a lot of things need to line up before we will see 50P. I like this company a lot, they do things properly, balance risk well through hedging and have a feasible plan in Geothermal to give them a great chance of a promising long term future. As ID points out, you can't compare onshore and offshore on straight outputs. There are a lot of things which could cause a spike in SP, but I like to plan on assumptions that external and political impacts are minimal, but a potentail side benefit nonetheless. With this head on, 50p is feasible but would take some time based on hydrocarbon production and Geothermal progress. A great share to stick in an ISA or SIPP and wait it out, but not a FOMO play at this stage.

...I exited on Truss's fracking news so it was more luck than company performance. I see this as a low risk play on three fronts - energy security could drive a rethink on fracking, oil/gas rise on any uncertainty and geothermal transition. I suspect that if this was a sexy new geothermal upstart trying to self fund the valuation may be higher even though the cashflow risks would be significantly higher. Low risk with lots of potential at £11m Mcap!

Good value here IMO. I did nicely on Igas previously, but

Classic new CEO tactics. Clear out the skeletons, place yourself as the saviour, line up the good news, raise the cash, fix the company. This is all in the interests of us shareholders, including the raise. It would be nice if we could raise against a cap of at least £20m. Even the detractors here seem to accept that the product has potential value. Exciting times ahead.

Wow... wasn't expecting it this quick!

Thanks for the perspective chuz. Still inclined to sit it out on the miners for a bit.

Bowlers, CORZQ have more to worry about than getting out of chapter 11. Carrying $1b of debt into a halving for starters. The upside is huge but they should be realising this by debt reduction over growth IMO, which is why I believe they will be left behind.

LI. CLSK have basically nailed their dilution/growth strategy and are well placed to become one of the big three with RIOT and MARA given CORZQs hands are tied for some time. Thru are realising growth to coincide with Bitcoins return. Still my choice but in struggling to make the numbers add up for mining in general now with the halving imminent so can only assume that a big portion of the expected bull run is already priced in.

Just sold all my CLSK at just under $7.2. Pleased with that. I can't really equate value at $1.1B with halving on the horizon unless Bitcoin really does rocket.

Good summary thanks Rodney. I have to be honest and say I'm surprised this hasn't dropped more on the back of my first reading of the RNS. Was fully expecting a skeleton clearout in the results given the new CEO in place, but wasn't expecting funding challenges in the same breath as material uncertaintainty of a going concern. Market seems to be putting value on the clarity provided and at under £7m Mcap this is a decent risk/reward prospect for me. Dilution at these levels will be painful but there is surely headroom for recovery.

What is going on. Clipping comments after less than sign! Third time lucky - MCap under £8m seems low.

MCap

I took a position here this morning for the first in some time - very much a punt on gut feel rather than analysis or fundamentals. I've lost a bit on GDR in the past, but MCap

Likely a broker correction, cancelling out the earlier 100k trade. Fairly common, nothing to get excited about.

"We expect a significantly higher mining margin percentage in the month of August due to the estimated power credits."

Significantly higher than an unshared previous margin that will be helped by estimtated power credit... Vague, vague, vague...