Member Info for lor_9

A little bird told me Justin Waite is going to announce today that he's invested here. We all know that is 30% gain immediately if you can buy before the herd and before he pumps it like a madness

do we know much about the buyer? it seems to be a dutch fund?

Pretty big news this morning with Candy Ventures selling 10% of the company at a valuation of £4.50 a share. Around 15% premium to yesterdays closing price

The market cap is currently £465m - issuing around £17m of new shares is only a very very small dilution. If you take the time to watch the video from Peter Wall on Argo's twitter you'd learn more about the plans...

What a lot of people forget is this is a leveraged bitcoin play so really if the bitcoin price rises 15% as it has since yesterdays close then the share price should rise more than that

usually this goes up once the US market opens

Does anyone know the revenues by business line for the last FY and can anyone work out a rough percentage change based on this update? It's not very transparente is it? Also we seem to have gone from expecting to exceed £2m in revenues from GDM this year to deliver 'approximately £2 million'.

I have to say the price makes very little sense. Some huge buys this morning and very few sells yet the share price closed 5% down. With these buys lately it looks like someone is building a big share in the company

He was hailed as being a saviour at Amur when he first joined but it seems he must have rubbed some of the shareholders up the wrong way. It's just very concerning when that happens, especially in a relatively short period of time. His reputation otherwise is quite good and he has a lot of contacts in the industry.

A bit disappointed with this appointment - Adam Habib has just been booted out at Amur Minerals. Him and his wife were awarded shares, which his wife then proceeded to sell, causing a mini scandal among shareholders. I hope he has learnt his lesson and treats the company with respect.

Such an exciting little company. Only around £35k worth of volume yesterday and a 23% increase in share price. This will move huge amounts when/if any further news is announced

Did anyone else notice headline to the RNS said 'and Directors' Dealings' and yet there are no dealings as yet? Or is that common when options are issued?

Just to add to the speculation. With the Codemasters takeover do you think GMR is a potential takeover target?

Something that's quite interesting is the £15m competition to support the production of sustainable aviation fuels in the UK. Maybe nothing groundbreaking in the paper but it supports the main investment thesis here.

The Government is set to release its widely anticipated Energy White Paper today which will provide plan for fuelling the growth of a green economy over the next decade.

It is an incredibly important paper and one element of this is sustainable fuels and carbon capture and storage, which bodes really well for Velocys. Any announcement by the company will really kickstart the growth in this share price, in my opinion.

Even after the recent rice in share price, driven by Myles McNulty trading it and constantly banging on about it on Twitter, I still feel market underestimates the potential importance of the Energy White Paper here.

Maybe he's paying the price for not delivering results quick enough?

that's a very tasty update!

2019 revenues for UK sites were £3.8m. Assume average of 5 people per booking so £100 revenue per booking. To match 2019 revenue, you need £3.8m / £100 / 52 weeks = massive 730 booking PER WEEK.

Escape Hunt are now open Thurs - Sun only...look at the bookings on their website and you will see they are getting nowhere near that. They may have cash but they will burn through that if bookings do not increase. 2020 results are not going to be pretty and if COVID restriction continue then it will only get worse.

Justin may be plugging this like a madman but you have to wonder why. Maybe in the long term it will be good but very high risk at the moment?

Lots of insider trading going on then with such a massive price rise before the RNS is released. Surely that should be investigated?

Very strange too at the moment I can buy for 389 and i can sell for 389.4! More relatively big trades coming through now