Member Info for jollygoodya

"I think the reason some want buybacks is in the hope they can exit at a better price. I don't understand why they would want to buy another's asset if theirs is so good & with PoO & gas rising, it would be at a premium".

Bang on Pete, 100%.

Generate the revenue from the much vaunted assets acquired then talk about an acquistion with minimal equity.

Surely if your assets aren't suitable in a climbing commodity environment, then how can further acquistion be better in the same price cycle?

Dont think anyone can answer that fairview, maybe some longterm holders. However given a host of global major players have been in for a good few years, all depends on their satisfaction. But it seems not far off. Oleric, imo what would be uttermadness is to let an opportunity slip. Opti products can transform different industry sectors. Gotta take the chance that it will imo.

About to go blue. 20% up finish?

AGM RNS, no speeding ticket. Shows BoD thinking on the recent rise. I.e. justified rise.

8% down, hardly a fall off a cliff. A bit of consolidation more like.

Looks like strengthening again.

The reiteration of the list of globally renouned industry giants still onboard from development stages cannot be underestimated. Top it off BoD have said in effect no other products like opti's.

A bit of profit taking, healthy to let new investors in for the next wave. Meantime someone added more and been at it for a while imo.

Manufacturing agreement since 2020 offering products to:

"sales to 11 named companies (Kelloggs, Nestle, Coca Cola , Firmenich, Tereos, Cargill, Arla ,Tate and Lyle, Agropur, Givaudan, Tata) reflecting the development work ongoing with these partners before we signed the agreement".

No doubt the products will be varied to suit the taste requirements of the various companies.

I think BoD know that opti is no where near market value and hence do not expect a speed bump RNS. (Could be wrong).

To me this bit is key, no one has a similar product in the market and no patents by others covering opti products...

OptiBiotix's products are differentiated from other natural sweeteners and sugar substitutes on the market in that they have been developed: -

i. To be classified on packaging as dietary fibres providing no contribution to sugar intake and enhancing product nutritional labels.

ii. Have a low glycemic index (reducing the risk of developing diabetes).

iii. Enhance the gut microbiome providing additional potential health benefits.

iv. Have intense sweetness (High Intensity Sweeteners) or sweetness similar to sugar (depending on product).

The Company is not aware from patent searches and partner meetings of any other products currently available which have these characteristics.

The sugar substitutes market is projected to grow from USD 18.8 billion in 2023 to USD 24.3 billion by 2028, growing at a compound annual growth rate of 5.2% (Research and Markets, April 2023).

Opti market cap £34m odd in such a huge market. If this is the real deal, it'll be a blockbuster. It looks that way.

Sustained buying pressure is unusually strong. Seems something is in the offing. See what the dragnet hauls up in the form of TR1/s.

It's a dog eat dog world. If I was Nestle or the likes, I'd look to snap this baby up before a rival does.

There are a few other anomalies. But overall jist is fair.

Https://simplywall.st/stocks/gb/energy/aim-i3e/i3-energy-shares/news/the-10-return-this-week-takes-i3-energys-loni3e-shareholders

Reasonable summary. Read to the end.

Perfect scenario for turnaround. Steer the ship dead ahead captain. Time to deploy afterburners.

WCSBCanuk.

I don't believe that's my quote.

I think there is a credibility issue with management is my best guess. SP has been spiralling down for sometime and not responding to oil price gains and falling far more than declines in oil price.

Repeat, push production up and we'll see a positive response. Have to follow a policy of drilling combination of oil and gas wells to freeze and unfreezing wells depending on which prices are rising and a mix that will give us max returns. Flatlining not an option imo. 3% rise will be eaten up by rising inflationery costs and wages as well. Cost rationalisation exercise needs to be undetaken including reviewing s fat salaries against peers...granting large options as well as salaries not a good combination either.

Indeed GGG, crazy price. Firmly lay it at the foot of management and people think their investment is losing value due to chat on a BB and some are almost singing management praises with the sp crashing from 30p to almost 11p. Disconnect from oil price rises seems inexplicable. Nothing to do with production declines and policy to flatline. I haven't read about other producers cutting production and downgrading so drastically. Mental to think you rely on oil and gas revenue and current prices you would not ramp production.

Stas20. GGG to be fair has openly said so.

Vmax, a delay in audit does not happen for the sake it of it. There was an issue which got held up until the funding was sorted and we had the audited financial statements released. There's no guesswork. Do you believe that posts on this BB make a blind difference to the sp?

Just beacuse someone questions stuff doesn't mean they have no investment?

I have not said that it' s a bad investment, am trying to ascertain if it's worth holding anymore. Given the situation. I'm entitled to air my view and if anyone can clarify my concerns great. Every investment has pros and cons and thats what I'm weighing up.

WCSBCANUK, this was my understanding of a reserves audit:

https://ryderscott.com/reserves-audit/

Not sure how the decline rate fits in to the above and is extrapolated? Maybe a measure between reserves assessed less produced and then reassessment of reserves and flow rate changes? Maybe someone can assist.

As for production yes, but it's still a substantial reduction from peak, (irrespective of capex spend adjustment) and the market has valued us downwards (beyond oil price falls). As growth has been hit. But my real question in given the capex spent and the growth achieved at a peak of 24,000, have we met forecasted internal expectations of production. I suspect no. But we are not privy to those internal targets and data sets. For me answers there will impact what we have acquired and possibly why we managed to acquire them relatively cheap, even allowing for the low oil price environment at the time.

Not saying that's the case but it will be reassuring to know.