Member Info for Lionsworld

Just to clarify your misinformation bunsen, the CTO from F1 liked a post about DGI. Still fantastic recognition.

Today reminds me of the 10th November last year. Started the day in the 0.75s / 0.80s - ended up hitting 1.80 and closing at 1.35. Was a huge gain in the last hour. My eyes are peeled!

Rampers are back! Usually I would moan but it's very refreshing after reading nonsense from the local transactional accountant for months!

That RNS was a monster! Months of patiently waiting, I am super excited for the next wave of information that will drive this up!

Tried a dummy sell, cannot do 1m, but can do 300k.

My personal view is that they have not done it this year because it would be better to enter AIM with the MOU over the line which would then lead to revenue in Q2 25. A commercial company Vs. and advanced R&D company would be a much better proposition and could lead to greater interest from VCTs. In addition, the results of the prototypes / cummins feedback could be key to the next step.

I just read the new FCA rules and as Trickymatters suggested, it would make total sense to hold off the move to AIM. Good logic from you sir especially compared to what we hear from our local transactional "accountant".

Looking forward to hearing more details on the presentation. Staylong, do you know when we would likely hear about the agenda. I'm looking to be there for sure.

*apologies first post didn't go through correctly because adds keep popping up!

I don't understand why anyone here has short-term hope of this succeeding. I'm not a holder, not anymore. This company had all the potential but was abused by the previous CEO. Maybe the new leadership team is better but there are a lot of cob webs to clean before anything good happens. I made money once upon a time from this, then lost a lot of money in the last year. I don't have the risk appetite to touch again unless something drastic changes. I do watch from the sides though as a I have a small emotional connection to what the company could do.

I don't understand why anyone here h

Although I'm not sure of fast track (but I believe its like 20 days), there is no minimum mar cap need to list on AIM (again im not sure of this 20m mar cap for fast track and i cannot find a source for that so if you can share it, id happily be corrected). The general process takes 4 months (re PWC) and I would assume that the due diligence for this process has already begun or will soon with 2025 in mind for listing. So why are we talking about fast track?

So if they need to raise cash for 'business as usual/day to day' I understand because a revenue channel still needs to be commercialised. But cash raise to list on AIM is very questionable.

This is why I question ridiculous sums that are always quoted on here. First 6m and it ended up being 800k and now 13m to list on AIM.

Over and Out (not my shares).

Hi xviolet,

What makes you so certain that the raise will be "much larger". A few people on here (not sure if you were part of the clan) predicted up to $6m for the raise just gone. They duly celebrated a raise still without really acknowledging how ridiculous they looked when they smaller sum came up.

As is already clear, we do not need $6m cash to move to AIM, that is for investing companies only - as per the PWC PDF someone sent. DGI is not an investing company so I am not convinced that cash is needed for that (or let's say a large amount).

It may be needed for day to day running which is inevitable for a company looking to break ground zero (revenue). This year they raised give or take $1.3m over two periods with revenue about 12 months in the future. I would expect something similar, maybe a bit more or maybe a bit less. But I'd 'hope' that the next raise is coincided & supported with revenue projections that they could make from the Evage "to be" JV.

I'd love to hear your intellect on why you are so convinced (i'm reading your wording) that it will be much larger. I love to learn and this is not an attack =).

Anyone got an email address and contact person for R8 / Mode. I want to send them an email inquiring about timescales ....

If I knew what the lowest deal price could be with this share or any other share, I'd be retired by now.

However the price we see today is a great entry price. Yes it could go lower but the opp to go higher is far higher. It's your call.

What i can day is positive news is expected by the end of this year, we also have the interim results in a few weeks too. Revenue potential for 2025 too. More importantly, what they have is remarkable and it's backed by very experienced individuals. That's not a rule for success, everything in life is a gamble but you need to do your own research to see if its right for you.

That's my take.

Personally I am thinking about where we could be by Dec and should the news be positive in the next few months, we wont be far off the peak we were at at the start of the year.

Evage should be confirmed by then plus the feedback on the prototype is to come, hopefully by the end of the year. Revenue stream hopefully is just 6 months in sight too.

Only thing I'm holding hope onto right now is if it was bad news, I think we would have been told by now. Old age saying of no news is good news.

I see the rampy guesstimations still happening in this forum. Let's first break 1p again and see 2p come up before we talk about 5p? Not that I do not believe in the stock, just feels very ambitious given the AGM is on the 3rd Oct and I personally do not think there will be a RNS before that .....

@ djwalls1s - the filter button is the best button LSE has to offer!

I filtered the trash over the weekend and was humbled by not reading so much rubbish and exaggeration after yesterday's RNS, especially from one individual. I recommend to you or anyone else :).

Fantastic news, a raise was always going to happen for a company in the Advanced R&D sector, just not the millions thrown around. 6.25% discount is very good and not too much dilution and a lower discount than what we saw in May (11.11%).

Good business update too. Hopefully Evage final signature is not too far away given they mentioned again a production target of 2025. This would be the icing on the cake. The prototype being delivered in Sept is also great news.

I am especially interested in future M&A opps. Does anyone here know what companies could be a possibility?

It feels like everything is slowly coming together and I am really looking forward to see what is in store for 2025.

GLA

@punter, good to see you are still invested, I do remember previously your contributions were good.

Just to be very clear, I am not a ramper. My information comes from the RNS's which I helped update your knowledge on earlier plus staylongs contributions which are very rounded and helps me further my research.

We all do not know each other on here so it's hard to take anyone's word on things, that's why it's key to do your own research on the back of information shared.

To be blunt, I don't care on someone's investment status. Ultimately, a few people on LSE will not change the trajectory, the only thing that will is the delivery of the information shared by DGI and production, which we have estimated timelines for.

My only issue here is one individual who is hell bent in sharing what I consider a transactional mindset and what feels like forced scare mongering on wrong information which I have the experience to challenge. Before I blocked him, I saw again that he was adamant there are no signatures. You have seen there is one and yes one is very close. We also have the Marine application in the background, although no updates recently. One of the key things in the Jan RNS about Cummins is they are helping fund the prototype. The Marine application will hopefully be done with a grant from the Gov. In my opinion, tje cash churn is salaries which can be capitalised. Its a recognised accountancy standard.

Commercials on this stock was not my strength, I learnt a lot from the information shared by others, obviously I self validate first before I invest.

@staylong, it would be awesome if you could push for a webinar for future sessions.

Thanks Punter, agreed Evage is Mou still, my bad I got carried away but this is pretty much in the bag with signature expected very shortly, we are just waiting for the formalities. We even have Evage stating its a JV in their own videos, one from just a few days ago that a kind soul posted :).

Cummins, see RNS from Jan, here is an extract:

DG Innovate (LSE: DGI), the advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and energy storage, is pleased to announce that the Company has signed a Joint Development Agreement (the "Agreement") with a tier one commercial vehicle components company, to jointly develop systems for heavy goods vehicles applications utilising DG Innovate's Pareta® drive technology.

Also in that RNS is a mention of funding support in 2024. 1) build 2) test. I'm not sure what company commits money and time on an asset unless there is a signature. American company too, they are ruled by lawyers.

Have a fantastic weekend.

7k posts from this person that is saying the same thing over and over again. Saying that, we should be respectful, they are the world's leading accountant, an investment guru only matched by WB (but i guess WB can't touch the truth). I am just so surprised that an investor with this much gravitas, the knowledge, saving businesses, leading M&A deals, they have not hung up the boots and sitting on a beach with a drink of choice, with the family and hiring the analysts to execute the opportunities. Like Truth said, he gets this right ALL the time, just like AMTE and all the other =) so he must be loaded.

The 'truth' of the matter is, there is no crystal ball so we can all make assumptions. I would just love to not hear about what a none investors plans are, every single day. It is with this in mind, I have decided to block this remarkable person - as staylong said, it is getting boring now and I am also tired of reading my own responses, which i'm sure everyone else is too.

But my last two pence on the cash comments is that I do not think one single person on here has denied that cash raise may be needed at some point, this is an advanced R&D company, we have to expect it!

Where I challenge is the link to current SP (we all know what is driving the price right now) and also the amount needed. Just in May gone, £800k was raised at just a 11.11% discount - pretty generous if you ask me, if i was super desperate for money, I'd increase the discount, maybe even get some more cash. The timing of this was also after news of a possible move to AIM. If you compare placings to a different sort of company, let's take HE1, they found liquid gold (and what they found is a BIG deal) and recently raised £8m at a 50% discount to the SP! But with that business model, there is a hell of a lot to set up and build to extract helium from the ground.

With DGI, no gigafactory is being built, two JVs in the bag (both support with production), one with a leading mutli-billion dollar company and the other in one of the fastest growing EV market globally, there is likely to be a need for money but not crazy amounts suggested here. What it is and when it is, we do not know. It could be at 1p, it could be next week. Either way, you can be like the real Warren Buffet, you invest in a company, you watch it go up and down and then one day you take your rewards. Rome was not built in a day but if you sit and worry about the daily price in a long term investment, you will never find the right entry point, perhaps even miss the boat.

GLA, I am signing off this topi I promise, I await the next RNS and I cannot wait for 2025 Q1.