Member Info for lordloadsoflolly

PompeyM - the answer to your question is no.

Maybe try answering mine now, as I think they were valid points.

PS: I am a holder, so no “he must be a deramper” nonsense please. Actually added yesterday just before the close, so my heart sank when I first saw the placing news. But it actually seems to have done me a favour, so far at least.

Punter - agreed. Why not reward loyal PIs rather than (or at least as well as) billionaire family investors.

Re: the RNS - is this bit news?

“Following a technical issue with a bridge plug between the Souris and Red River formations which could be opened but not recovered, and in the interest of operational efficiency, Helix elected to produce from the existing perforated intervals, which demonstrated a very strong performance.”

And does anyone else find it odd they chose to raise money now for a fifth well whose location hasn’t even been decided yet?

I suggest we all ignore TW & Elrico’s son from now on (meaning no change in my case).

Quite apart from anything else, all this “you’re wrong, no YOU’RE wrong” nonsense is extremely tedious & gets us nowhere.

Far easier just to use your own grey matter, do any research first hand & reach your conclusions accordingly.

JH - fair enough. But I'm sure you'll have got the message by now that most of us on here could do without the running commentary. It's all a bit new money.

JH - this morning you posted: "2nd trade has a target in the next resistance zone 25.5-27.75p zone".

Yet this afternoon you say: "IMHO we see the low from this pull back tomorrow or Friday, 18.5 first support 17.75p second support".

If you've a target of 25.5-27.75p in the next resistance zone, why would you sell one of your trades now? OK, so a bird in the hand (or even 3LB!) might be the reason. But if you're so confident in your charts/tealeaves, why wouldn't you wait?

Pj70 - I share your caution about SALT & am unconvinced it'll ever generate significant profits.

That said, they did point out their low historical GM was due to most of 2024's sales being B2C. And that in future they'll be predominantly targeting higher margin bulk sales.

Friedman - "TW's best avoided for advice on Opti".

... or more simply: "TW's best avoided for advice".

I share the positivity here, but have to say I found that latest X video somewhat cheesy & naff.

Bit like a remake of The Virginian (showing my age now!), but with only a few bob in the kitty left to pay for the props.

Still, at least it reiterated Summer 2025 production, which is reassuring.

Bazzaman: "With a bit of luck and the Lord's blessing it could all happen in 2025. GLA"

Just to let you know I give it my blessing. Hallelujah & Amen to that!

Sorry for the lower case throughout my previous post.

My **** or bust comment provoked LSE to downgrade everything to lower case!

hardboy - you're welcome. and thanks for the feedback from blackrock's world mining agm.

gold is traditionally seen as the "safe" go-to asset during times of uncertainty & conflict. we've certainly plenty of that going on right now. but will we still feel quite as uncertain about everything in a year or so's time?

in short, nobody knows. but one suspects there may be some form of resolution (or at least a softening of positions) in russia, ukraine & gaza by then. and inflation may also be on a steadier lower footing.

i also suspect trump's love affair with ever-changing tariff percentages may have waned before the mid terms next november. should it become clear before then they've caused collateral damage to the us economy, trump will change tack to avoid voter disaffection.

us interest rate movement will also be something to watch, along with the 10-year us treasury yield. trump & powell are on something of a collision course right now. so, ironically, the more trump hectors powell for interest rate cuts, the further out they become!

in short, lots to consider. so good luck if you take a small position in rfx - let us know how it works out.

moving on to h&t - sadly, no timeline to completion in today's scheme document.

the scheme effective date is d+2, where d is "expected to be in the second half of 2025, to be determined following the satisfaction or waiver of the fca change in control condition", with a long-stop (i.e. **** or bust) date of 11.59pm on 31 december 2025:

www.investegate.co.uk/announcement/rns/h-t-group--hat/publication-of-scheme-document/8911075

Hardboy - yes, Ramsdens interims are certainly impressive. And that dividend % increase + special dividend has been very well received.

As a non-holder, my concern would be twofold:

1) Gold prices are responsible for much of this boost in performance. And whilst they say "In the short term, we expect the gold price to remain high", they also refer to a "sustained exceptionally high gold price".

Exceptional tells you that this current trend is out of the ordinary. It may be sustained, it may not. But history suggests periods of unusually high gold prices are eventually usually followed by significant re-traces.

2) The RFX SP is at an all time high. It may very well rise even further. But - as with H&T - I prefer buying when I sense a company may be undervalued. I don't get that sense with RFX at the moment. So for now I won't be putting any H&T proceeds there (assuming our deal goes through).

Span - yes, smacks of desperation to try & shift stock quickly before it all expires.

And INC's "news" article wasn't really news at all. Just regurgitation of previously announced stuff, only with a bit more meat on the bones.

That's one thing Tim's really good at - news recycling.

Letitrun - couldn't agree more.

TW = IT

AmyStake - that’s drivel & you know it.

Vascular - how - pray - have you arrived at the figure of £70 gross profit per unit?

If you’re taking “unit” to be a single customer purchase, do you HONESTLY think they’ll shell out anything like enough to give the company £70 profit per sale? On a new & untried product from an unknown brand? You’re living in la la land my friend.

This bit in INC’s so-called news article seems contradictory to me:

“The Agency will be remunerated solely on a success-based royalty model, proportional to the level of sales revenue generated via the DTC campaign.

The Company will be responsible for the direct costs of the influencer and brand ambassador campaigns and any other direct launch costs, completing sales orders via the dedicated DTC e-commerce website, designed to market the full product range, and to receive sales orders.”

Either the Agency is paid solely on results or it’s not.

If INC is having to pick up the tab for brand ambassador & influencer campaigns etc, it’s not really a royalty-only deal at all.

Dearmal - Slimbiome is intended as an (arguably far safer & more sustainable) alternative to weight loss drugs. Not a complement.

Dearmal - it’s hardly fair to call Opti’s products “old fashioned slimming snacks”.

I presume you’re trying to compare them to the latest slimming drugs. But as others have pointed out on here, the latter come with significant drawbacks, including potential side effects, time-limited efficacy & a comparatively huge price tag.

Apples & pears mate.

Plus, Opti is differentiating its products from everyday “slimming snacks”, using scientifically proven data to back up their health benefit claims.

Other than that, you’re spot on.

Friedman - I totally disagree with you when you imply the recent placing had little bearing on the subsequent SP drop.

Take a look at the share chart before & after 23rd May if you don’t believe me.

You say: “the reason for the drop is the complete lack of faith in SOH and his projections”. So that complete lack of faith coincidentally manifested itself again immediately after the latest placing, did it? Yeah, that sounds totally plausible.

You go on to say fundraising through placings as well as via SBTX disposals has in both cases “watered down shareholder value”. That’s true of some of the earlier SBTX disposals. However, try checking the closing price on the days of the more recent SBTX disposals. You’ll see SBTX remains significantly lower priced now than then. So as things stand, Opti has ADDED shareholder value with these latest disposals, as it could buy back into SBTX at a much cheaper price than it exited, should it so desire.

I agree with your final point though, questioning whether Opti should be needing to raise funds at all at this stage. Or whether it should have grown sales sufficiently by now to self-fund any expansion. Fortunately, that looks set to change before long, assuming the sales momentum from Nouri, Morepen & a potential new partner continues.