Member Info for JimPrice

20/20 hindsight is a fine thing — but 0% foresight (or blindsight) isn’t much better. Funny how the loudest doom-and-gloom calls always seem to appear right at the lows, but when good news lands or the price starts recovering, those same voices tend to vanish. A bit of balance would go a long way.

There were a few celebrating Janus's sell at 0.75p and encouraging others to dump in the 1p range. Apparently Janus got out early before the share crashed. Looks like they lost a great deal of cash on a poor trade. I look forward to when we pass 3p and beyond.

I count 2m in buys in three trades over the past few days. Someone considers them cheap, I wonder if anyone on here will claim.

There will be more news soon I feel and even bigger than today's contract to follow. It may keep the naysayers quiet for longer. PF planted the DRC nugget in that RNS too

As you know yrabs nothing is ever nailed on in the world of business until the signature on the dotted line. It's the same hope I had with Gabon (95% nailed on :) and 5% hope). Let's see how it plays out.

SP is around fair value. We await the next positive news item, hopefully an addition of a few million recurring revs. I hope it's a matter of weeks away rather than months but we will only know with the passage of time.

Your thesis therefore is that Pantheon will push for delisting and destroy shareholder value in the process. Why would they destroy the value of their own shareholding? I'm fairly confident they have not set out to commit financial suicide unless of course the man at the helm is mentally unwell then it is another story altogether. No one buys a 27% equity stake without clear intent to appreciate their investment. If the share price goes up, they benefit, and by extension so do we. You were painting doom and gloom when henderson sold at 0.75p, we are at multiples now. Multiple contracts have started since and more will follow. The SP trajectory is now up, albeit gradual. Let's review this conversation when/if TEMA lands and perhaps another £million+ contract in the coming months.

My dear friend misty, I see you rep

In any case we can agree that Pantheons involvment here means alignment with shareholders. Whatever result is good for them is good for us providing our averages are not 15p+. Realistically they are not investing millions for a double percentage gain, easier ways for big players to make that sort of money without taking such risks. Pantheon are in for multiples, whether that is through organic share price appreciation or a sale, or a change in management it's win-win for us. By repeating delisting without substantiating the implication of it smacks of fear mongering or even deramping. Pantheon have a big enough stake to take over this gig if management don't deliver. The next 12 months IMO will show results, it's already started over the past few months and next few it will continue. Let's see how things unfold...

Misty, your thesis is that they will delist because this is the prerogative of Panetheon. I am merely asking why Pantheon will want to do that *if* it is in the detriment of their share holding? My view is inconsequential, I am merely asking you what is the rationale behind your thesis because according to my knowledge I cannot see how taking 27% equity in a "loss making" company and delisting is in the interest of the majority shareholder.

The result of the strategic review was an RNS which stated they will remain on AIM. If they were do delist then how do you envisage Pantheon will make their return. They are in equity heavy and the only way to get a return on that is with a higher share price? If the company sells at multiples we also stand to benefit from that. How exactly does delisting benefit Pantheon and even moreso if it remains the loss making enterprise you keep saying. If the company can no longer tap the markets what incentive has Pantheon to continue to cough up money. Any rational response welcome.

Yrabs, Henderson tried to exit with 16m shares and ended up selling at 0.75p, we are 3.5x higher than that now. Pantheon have considerably more stock and would require immense liquidity to sell. You don't buy close to 30% stock in an illiquid AIM stock for a trade, no matter how low you pay for the shares. There is less risk and much easier ways for Pantheon to deploy capital and get a solid return in it. This is a supportive shareholder who clearly envisages great potential in the company and a liquid stick trading at a considerable higher market capitalisation in the future. They are playing the long game. I personally think they are positioned for a sale of the company much further down the line.

Moving the CLN price gives Pantheon an extra 17m shares. By the time they start converting I would imagine we are trading at many multiples and kicking off decent cash flow. The dilution can be mitigated with share buy back schemes, etc but it's a little premature to be talking about that right now. The board have started to deliver this year, we need more of the same to continue in the months ahead.

So WSG are getting an interest free loan (which is not convertible to shares) clearly to service something short term. They're saving 10% annual interest on £1m loan. Pantheon also agreed to no conversions in the next 12 months. They're putting a lot of cash into the company and this only demonstrates their belief it's going to come off big for them. This strategic support will put pressure on the board to deliver and they already are. With a string of contracts secured this year, I anticipate another big few items before calendar year is up. DRC will be a big bonus when it begins and add on Malawi MSC you begin to see why Pantheon are so bullish

Yes, Pantheon have a greater appetite for shares. They have also agreed to waive any future interest on the £1m CLNs already drawn down. That is going to save the company a fair amount of cash as I don't envisage them paying back the loans anytime soon. More in the coffers from their revenues means greater focus on expansion and profitability. Gabon funds should start to come in shortly and hopefully today's funds will be deployed in another substantial contract win.

£500k unsecured interest free loan from Pantheon. These guys are really putting a lot of money behind the company. Looks like they have another imminent project about to land. Funds at the ready, should be a solid few months ahead

This is now a great time to be invested. The company has consistently won new business over the past year. We have two MSCs in operation generating revenues, one signed and waiting to start, and another on the horizon. There are further near term prospects which can/will add meaningful revenues. The company has a cornerstone investor who has taken a 27% equity stake. The interims *should* confirm that we are now profitable and a cash generative business for the first time in our history. It has been a torrid time for investors - bar a black swan event I expect the market valuation to gradually appreciate over the coming months. Years of over promise and under delivery is baked into the current SP, but as more business comes online, the market will wake from its slumber. AIM is sentiment driven and I feel sentiment is about to turn in our favour, fingers crossed as always!

Yrabs the company was trading between 10 and 20p when it was LOSS making. Based on the Gabon numbers this should now be a profitable enterprise. Each contract will enhance the bottom line and should DRC come through, in old money this should be well north of 20/30p (old money). 10p new money is certainly not out of the question. We are at an inflexion point imv, the interims will confirm the cash revs - fingers crossed all goes to plan.

That's almost an extra million pounds booked of tech revenues over the past two days. Gabon cash also coming in, more to follow. Well done to the Fowel

I know the feeling Bolton. I have been invested since 2019, been a nightmare in terms of investment. Things do seem to be taking shape however, most of the news this year has been positive and market is valuing it correctly imo. A few tech deals, a return to TEMA may well lift us to 5p this year but the real move will come when DRC materialises.