Member Info for JimPrice

By informing the market in the last RNS + proactive interview of the imminent deals the directors have managed to carve a small window for themselves to trade. They are no longer witholding price sensitive information, smart move. Management is very much aware of where they head in the short term hence no placing and why would they at such a low price when they have huge deals about to cross the line. Any one of the three big contracts is a gamechanger for the share price. Next 6 weeks are going to be very interesting indeed.

For me this isn't so much about "Pete coming good in the long term" as much as it is about me managing my investment and risk whilst making money. Most AIM share charts are car crashes over the long term, in fact even the better companies are worse off in share price after 5 years. We still manage to make money from them; that's why we are still in the game. I merely see an opportunity here at this valuation and believe the risk-reward is favourable. Yes it could all go tits up like MADE and others but I don't believe that is about to happen. FWIW I don't have a 20p target here, more than happy to see 5/6p again in the next 12 months. If, of course, that doesn't play out I would like to think I have spread my risk appropriately.

Sorry to hear of your loss. I guess it's a good thing you have sold and moved on. Once faith in management and their ability to deliver comes in to question the logical thing to do is sell and look to the future. I hope you manage to recover your losses.

Ebola, JCPOA failure, Covid-19, Ukraine war impact - I do believe they have been largely unlucky. I don't absolve the management of all responsibility however but it hasn't been easy to operate in this climate. The Iranian MSC took years to come through, it was a company-changer and then Trump came along. We wouldn't be here venting our frustrations otherwise. I would argue that management should take a pay cut at the least whilst we navigate choppy waters. I do believe we will see the promised news items come through hence why I remain invested. Wish all holders well.

There is much history of non-delivery or under-delivery and perhaps a touch of bad luck owing to the risky nature of the business and jurisdictions in which we operate. I believe this is largely priced in, market cap is at an all time low and sentiment on the floor. IF, and I concede it is a big IF, these contracts come through there will be significant uplift to the price from here. It goes without saying, high risk-high reward true to AIM. Over to Peter now to deliver a very merry christmas to shareholders, here's hoping.

When Peter wants to place he doesn't give "profit warnings"; historically he just does it. We saw that with the 4p placing, only learnt about missed forecast in the year end report months later. This time I feel he is clearing the decks of any bad news knowing how close the big news items are. Current market cap is sub £5m and on the table for the next 2 months are the following items, big disparity with valuation should either one of the three items land:

- a new managed service contract (in the £millions)
- multi million tech contract
- DRC (worth >£500m over 20 years)

The upside opportunity from here is phenomenal. I believe the share is undervalued and the price is now undergoing a long due recovery. In a conference call with Arden Partners yesterday PF ruled out any plans to place, especially at these levels, and confirmed they are on track for profitability as per forecasts. Cash will only be required to finance any big contracts for which they have already secured UKEF debt funding. Calls for discounted placings at ridiculously low prices like this is just noise. DYOR

That's a bit obvious. if DRC doesn't happen share price drops. if it happens share price rises. It's the risk you take. But given the missed deadlines here in the past one must have appropriate risk management in place. By the time Q4 is up I would imagine the price will be higher than where it is now. Risk reward from this low valuation seems very attractive to me hence I am a buyer.

Q4 will be upon us soon. The anticipation for the DRC ratification will grow as we get closer. I hope we are at least 3p+ before the real big news items are delivered.

The board are confident they don't need to place for the foreseeable. They have visibility of operations and deals on the table hence the RNS statement expressing their confidence that current year forecasts will be met. The NOMAD would have checked the basis for such statements and advised against if the case was otherwise. Time will tell but, in my opinion is, we have a great few months of recovery ahead. I hope I am correct

Looks very much like WSG have first mover advantage in a huge market. With such a broad client base we can expect many more of these £100k+ contracts to come. A pleasant addition to the revenues.

We have next few months to fill the £5.5m+ revenue shortfall which brings the company to profitability. Will be an interesting close to the year should they final deliver on expectations. It goes without saying, not without risk here but certainly a favourable buy at this price.

Institutional holders are obliged to notify when they cross below 5% (3% for individuals). Kabunga Holdings was already below this threshold at the last notification.

6 year high posted. It's only going to get better from here. Price in an established uptrend and news catalysts on the horizon will help it push on. GLA

No more CLNs. All converted

Yes I have been in touch. The board remain confident. License is imminent as per recent podcast.

They were transfers. RSP unaffected

I invested post DFS upgrade last year, August if I remember correctly. The fundamentals stack up here and the storyline will be explosive when the ducks line up. Of course without the license the risk is huge but should that come through then offtakes, finance will swiftly follow. 20p+ will certainly become a more realistic target for year end as the milestones are met. 40p+ into production the following year

Yes it is indeed Haffy. Kabunga holds 0% of the warrants block listed today. 18.8m of them are striking at 7p. Think the board anticipates the share price to be trading considerably higher to allow for their exercise. Think next 6 months we have double figures nailed on here. Exciting times

I think it's all speculation right now until done and sealed. Personally feel July is our month but time will tell.