Member Info for lordloadsoflolly

Dusterinmong - I do still hold some IMM. But I haven't added recently as I regard it as being way too risky still.

The reason I post mostly negative stuff is simply to counterbalance some of the more persistent rampers here.

I like facts.

They prefer feelings

I like to see how Tim's past promises have panned out

They prefer taking Tim's word on trust

They may end up being right - who knows? But my view is it's always important to look at both sides of the argument.

If you don't, then why not just filter me.

Funny the way things turn out sometimes.

Let’s hope we love the outcome here. Then you can create an ad about mining a Hex bitcoin. And this time next year Rodney, we’ll all be millionaires.

3LittleGrouse - maybe you should start a new ad agency.

You could always call it Hex’s Midnight Runners.

Badsterman - I’d say it’s far worse than just “not a good read”.

Despite the sales increase, net profit is lower than the previous year & operating costs are through the roof.

You’re never going to turn a profit with a gross margin of just 13%. IMHO this outfit needs a radical overhaul or it’ll eventually simply run out of backers - & cash.

GoldGirl - that’s two “can be’s” in one post from you.

Sums up where we are with IMM currently.

Nothing’s confirmed. No deals are scientifically proven yet. Everything still hinges on Tim’s “can be’s”.

3LittleBirds - are you actually 1BigGrouse in disguise?

Just wondering, ‘cos you seem to know a lot about them. Can’t get that image of a cigar-puffing game bird out of my head now!

GoldGirl - you're talking semantics now. If I'd said to you in 2024 something was expected, would you have taken that to mean it wouldn't happen?

dusterinmong - I'm not trying to be constantly negative here. Just counterbalancing some of the more ramptastic posts which often have no substance whatsoever.

Belgrano - funding needs will partly hinge on the success (or otherwise) of Opti's bigger sales partners (Morepen, Nouri etc). There's been recent mention of several new US ones coming on stream too.

If these continue to grow, Opti should eventually be able to grow organically from cashflow. But I suspect we're some way off that still. Of course, Sweetbiotix could also be a game changer, though supply start up costs are likely to be substantial.

As you said though, the noises from SOH suggest further sell downs of SBTX & PBX - at least in the short term. This from their 18th March 2025 RNS:

"We are pleased to see an increase in the value of company's shareholding in both Probiotix Health plc and SkinBiotherapeutics and see considerable growth potential in both these assets which can potentially be disposed of to pay shareholders an ad hoc dividend or sold down to reduce the need to fundraise in a volatile market."

Gotrader - that's why I said "assuming both land within the current FY".

Their RNS states "a first-year binding purchase order commitment of $1.7m" and "a $4.1m purchase order from an existing customer for the delivery of antimonide substrates into 2026".

So the latter probably won't, but I imagine the former will.

Thunder - agreed. I guess we'll have to wait for any update until FY results in April.

Good news this morning of decent new purchase orders. Assuming both land within the current FY, revenues just got a $5.8m boost. Every “little” helps.

GoldGirl - you’ve just reinforced the very point I was making.

“In 2024 he said expect deliveries”. And we got nothing of substance.

Tim’s constantly promising the earth. He did the same at Incanthera recently and if you’d taken his advice, you’d be down around 75% over the past 8 months.

Belgrano - regardless of whether SOH owns up to Opti’s mistakes, the sales figures make it pretty clear things haven’t gone to plan. Recent developments suggest this is finally changing though.

I still believe periodic sales of SBTX were preferable to repeat placings for Opti’s shareholders. Neither is what you’d choose, but sometimes needs must.

Goldgirl - Tim’s ALWAYS super confident. It’s delivery that’s always been the-problem.

Goldgirl - and if no deal, will just drift down to the square root of sweet F A.

For essays, read fantasies.

But at least they make us laugh out loud.

I DO hope Tigger perseveres. I’m sure if he really presses his city chums, they’ll spill the beans on a precise deal date (nudgy nudgy, twisty army).

I agree with AdamKahn - Tigger was - & is - highly entertaining whilst we wait to see if Tim’s “promises” materialise.

I wouldn’t hold your breath. Unless Tigger’s city chums know something we don’t (nudgy nudgy, winky winky, bet the kitchen sinky).

Tigger - are you trying to tell us your city chums are FINALLY saying a weekend deal is on the cards?

Phew, at last! (nudgy nudgy, wheely dealy)

Aquae - I’m not sure anyone was suggesting Opti used SBTX sale proceeds primarily to fund its own R&D.

They used it to keep Opti going, without which multiple placings would have been needed, diluting shareholders significantly. Of course, selling off part of Opti’s SBTX holding is also a form of dilution. But I’d argue it’s been the lesser of two evils by some margin.

GoldGirl - Sure, we're getting closer to 4p if that's what you mean.