Member Info for Legin252

It’s already stated in a RNS that BRH have no foreseeable plans to sell their shares once the deal goes through. So although there will be more shares in the market place, the free float is effectively the same for the near term.
BRH also want to develop P2f through RMS adding value to the business and shareholders, which they will be to with circa 37% of share holding in RMS.
The SP will be heading way North and by spring will be 25p plus and potentially much higher with orders and diversification of the tech to other products.
Potential is insane.
GLA

Magmanus_49
You have filled this board with a load of garbage.
It’s seems you are talking out your magmANUS.
Now filtered.

Sanlorenzo,
When you put on posts that you are trying to educate a few of the clowns on here, it might be prudent to not give the appearance of being one yourself.
Whilst I appreciate that doing research and trying to understand a stock can be time consuming, it is also essential to appreciate what you are investing in.
The restructuring of the finances has taken nearly 12 months to complete, they are complex, but have secured the future solvency of the business.
In addition, within the terms of the finance agreement allowances have been included for the provision of fluctuations in gold prices. An extract is below:

"The end result places the Company in a financial position where its debt burden does not jeopardise its future solvency. Both the Company and the Lenders will share the upside and downside risks of gold price and operational performance fluctuations. Having completed this process management's immediate focus will be on dealing with the ongoing impact of the COVID-19 pandemic and on ramping operational performance at Runruno back to pre-pandemic levels."

It is safe to say that the financial restructuring is robust, and when people realise and understand the detail they will conclude that this is a very secure business, with very good fixed interest rates on debt, with secure plans for paying down over the coming years.

Please restrain from belittling people on this board, particularly when you clearly do not have much understanding, as the only person that ends up looking like a clown is you.
GLA
DYOR

Oil gushing, have you done any ounce of research.
If you had, you will be aware that it has been acknowledged that disposal masks are not good for the environment, or any mask for that matter.
That is the exact reason they are developing a mask made from biodegradable material and in addition one that could flushed down the toilet. Developments will be further down the line.
But what shall we moan about, a landfill site full of masks but we are alive to tell the tale, or continued widespread deaths that we may or not be alive to tell the tale.
Good luck but you are filtered.

No doubt the customary profit takers drop the SP back to 20/22p by 8.30.

Just be patient. The whole market is having a wobble today.

Don’t forget they will now be dual listed on TSX once deal goes through.

Going to be a very rewarding could of days.

Jarv,
Great post and research.
There is huge potential here, and it seems to be under the radar. When official news lands I am hoping we will a rerate upwards in the 2-3p bracket, maybe more. Just depends on the orders.
Fingers crossed.
GLA

The trouble begins when people who have not researched and understand the share they have invested start spouting that there will be 5 positive RNS’s before the end of September and that creates false excitement amongst novices. Then fear sets in as the SP is not going up every day, and the ramping of RNS’s has not materialised, so people go off chasing.
The idea of investing is to hold and think long in terms of months and years. Don’t listen to amateurish hype, and don’t get too hung up with dates some folk state when an RNS (or 5..!!!) will drop, and doesn’t.
DYOR.
GLA.

Closer to 60p eod if volume continues.

Sam, normally a good idea to research and understand what you are investing in, what’s expected and when, and do that before you take out an investment.
Otherwise effectively you are just a sheep punting money willy nilly which will get you somewhere you probably don’t want to be without any money.
Hope you haven’t done something stupid like selling out of a stock you have been holding for a while that is due imminent news, oh you have.!!! never mind.

The upturn kicked in about mid day yesterday when hopefully all the CLN’s were cleared.
With half day left the SP rise 0.075 to 0.1.
If the trading volumes and pattern of yesterday afternoon continue in the same vain, it could be a close today of near to 0.2.
The potential is massive, and the market is reflecting it.
GLA

To clarify:
WP3 has just been completed as per RNS.
WP4is now commencing which is proof of concept.
You cannot run the development stages in parallel, as each one needs to be completed. The only one that can Potentially run in parallel is the regulatory compliance.
Absolutely I am invested.
People need to keep a firm understanding of reality and timescale.
As always DYOR.
GLA

Look at the published timescale.
I am invested and just realistic.
It will get there, but dont get carried away.

There are 9 work packages, we are just entering WP4. It’s likely early next year.

Let’s hope so.

Should then see a rerate up beyond 0.1 to a more realistic value if the volumes continue.

GLA for a good day.

Any substance to that prediction.?

NT to buy. Good sign.

Yep, SP continuing its journey north from yesterday now that seller is cleared. Could be an interesting afternoon.

The evidence on trading would conclude this is far from a P&D.
News due soon. That’s why positions are being taken. Huge upside from here. Crazy to sell.
DYOR