Member Info for Lesserof2weevils

My thoughts here are that a target sp probably needs to have a timeframe attached to it. 50p isn’t unreasonable, if we can survive that long and seal enough deals, but then that could be ten years away but it means sweet fa if the company isn’t operating at that point. Fair value is only realised once the deal is in place and the revenue is being generated. I can feel hunky twitching all the way from Turkey on this one and he’s right, any value much above 1.5p at the moment isn’t realistic

Nice post Jax, maybe a couple of minor leaps of faith but nicely backed up throughout! Let’s hope that we get some clarity in September/October from zero about what motorcycle’s they are bringing to market and they are what you describe!

Is us and Europe zero’s only markets? Not they are aren’t good markets but I would have thought China and the rest of Asia with the large amount of motorcycles and mopeds would be obvious targets. Agreed, I imagine a Tesla type business model, expensive first, cheaper with greater adoption later on, but at current sales they aren’t bringing much to the table for us, but it’s good to have that partnership in place for when the cheaper models do come along. I guess we’ll have to wait for cropx to produce the numbers on how many units are being used in regards to reinke but even at less than 1% of reinke’s current acreage they have products on that’s over 1,000,000 acres

Well that’s a few acres! Any indication how many of those acres they hope to get cropx devices overseeing?

I’m not explaining myself too well - we sell cropx the kylos and then they lease it, is that right? So we get revenue from sale of the unit and then revenue from SaaS if I understand it correctly? Not a problem, it’s been pretty constructive all in all, I’ve certainly learnt a bit! Have a good weekend too

so 450K for the SaaS, but in terms of selling the individual units of the Kylos, then surely we wouldn't be leasing those too and cropx would buy those? What about the North African distributor, i'm assuming that could progress further?

I'm not really expecting one blockbuster deal, although if it came along i certainly wouldn't say no, but several medium sized ones which amount to the same thing and which based on the near global coverage we seem to have and the market leading position we are building/have it seems possible. Of course, it all means nothing until we actually have those deals and it is squeaky bum time until then

yer that's fair enough! Reinke is a bloody big player and god knows many acres could come out of it!

sorry i meant if we could find out what the sales revenue per unit, but i'm guessing that's part of the commercially sensitive information! from a very quick google search, the kylos air seems to retail for about $290 dollars, so hopefully $250 is a reasonable estimate!

I wonder if that’s something we could find out from the company?

Good posts guys, am I to assume we don’t actually know the size of the reinke deal in terms of acreage?

I was reading the initial cropx rns earlier and it stated (I believe) that 2018 revenue would be significantly over that of 2017. Has anyone tried to assign what proportion of revenue came off of cropx based on that and what we know cropx were managing or are there too many variables?

Cheers hunky, is there both sales revenue and SaaS off this? Any idea what the sales revenue might be?

You might like this harry:

https://m.youtube.com/watch?v=NpmnZtfQXKk

It’s an interview with the Baillie Gifford North American fund manager whose fund has an 8% holding in Tesla since they were pre $250 level and even why now they aren’t selling, it helped cool my nerves with some longer term shares!

I would suggest the fuel test was actually the start banana! However this is one of many steps along the road now and eventually (no promises haha) I may let the placing go

You weren’t in itm from the 25p days then sbuild?

As far as I can see we know very little about the cropx agreement, does anyone have any figures in terms of expected revenue from cropx and what cropx adding 500,000 acres represents for us?

Haha I bet you are chicken! For us lth’s it was a veritable kick in the nuts! My average was 45p at one point, luckily I’ve managed to average down significantly

My thoughts for the rns was more to reassure that a decent lump sum had been received and another lump sum should be on its way soon. It’s clearly a big revenue stream for us and I think that there was some fear that it wasn’t progressing quite as planned due to a delayed payment (I’m regurgitating this from memory so if it’s wrong then feel free to correct me!) I think what you were saying hunky is that the rest of the business is still holding up ok without that contract?

Thank fook I topped up and averaged down two days ago!

Brilliant news - honestly thought we would have to have the epc contract in place before this came along, which based on this funding surely can’t be far away now in my opinion for this to have been negotiated?

Still not happy about the 12p placing.....

https://www.businessgreen.com/news/4019210/future-fuel-middlesbrough-waste-pellet-plant-secures-funding-boost

haha, i wasn't blaming you for the coup don't worry ;-)