Member Info for Jimzi

“Looks like most of u don’t understand how this works“

Most do. Timing of sales versus cash burn, subject to a partner. ( on decent terms)
Tech great, your punt is on management

Could be is great but it isn’t .
You have to clear up having net liabilities before a rebate and T knows it. He’s playing like a cat does with a mouse. Until he grows up and puts the co on transparent financial footing, why add?

for those on or might be in

https://spongeshare.com/2023/04/18/5-reasons-why-you-should-have-future-metals-on-your-watch-list/

at this thin vol deflated price.
Tier 1 6.9Moz PGM deposit (the second largest in Australia and the highest grade in Australia).
Scoping time slightly extended due to a Mining and Processing Breakthrough at Panton {RNS Feb 13] that demonstrates 97% recovery of high-grade PGM bearing ore - a big valuation kicker on top off what there is.
And the bete noir of small caps atm - no need for placing as funded at a cost of 7p.
Looks to me like a massive value disconnect - bit more research this w/e.

That said , holding 29.9% is an excellent starting position for management alignment

No idea mate, I never have a target until all the dots are joined. Everything so far are joined; the final one is management so the presentation on Wednesday will answer the last investment criteria- hopefully positively.

Having suffered heavily from input inflation over the past year, now prices have stabilised, farmers and food growers are v likely now more than ever to look at low cost - light - intensive farming technology.
The £18m order book and £60 pipeline ties into global macros.
Probably good for trading but I'm waiting for value to show through

Correct
Focused - meaningless..
Medium term - meaningless..
Confident - meaningless..
Not good for a scientific company..
Oftentimes - incorrectly spelt - sloppy..
..
"Additional financial support, if required, will be available from the Chief Executive Officer through the convertible loan facility. In addition, all existing convertible loans including accrued interest are not repayable in cash."
It is required and we know how its repaid - so do you - which suppresses to mcap.

Yep, net current assets negative so there must be some funding due - hes had 9 months to decide and still does nothing and then complains about the sp.
Commentary very vague - how does he plan to do to reflect value. As ever, shrouded in no detail - only detail and CL issuance will give it a base

Did say the free float is small.
None of the placees sold - just existing holders - and director maintained his 29.9%
Right ind, right time - mis priced placing = big opp.

https://lightsciencetechnologiesholdings.com/investors/

67% held by iis and directors.

but why has it been demoted to being dormant? Narrative required - it was a phase 3ready drug afterall.

No narrative for Imutex write down - we are owed an explanation surely?

Had a look at this over the w/e - right industry and this year right time now 2022 farmer spending constraints easing a bit -effeiciency will be the key.
Took 250k spread at 1.12.

Washington, DC
CNN
—
The United States will safeguard its national security, even if it comes at an economic cost to its relationship with China, US Treasury Secretary Janet Yellen said on Thursday.

“Even though these policies may have economic impacts, they’re driven by straightforward national security considerations, and we will not compromise on these concerns even when they make those tradeoffs with our economic interests,” Yellen said.
https://edition.cnn.com/2023/04/20/economy/janet-yellen-us-china-comments/index.html

Certainly potential here but I only invest in cashed up / post placing cos atm - raising cash is so ugly in current climate.

So how is the CL from Foshan for Glyco [that we knew nothing about] affected NAV?

Bought in at 35p
Mad share, IPO'd at 65p - since then progressed massively, US gov throwing cash at it, massive market and has monopoly and the sp has been devoid of any relationship.

But tiny free float - 15%

It fell 10% on 1m volume, up 7% on 1m.
Most shares are sticky around this level.