Member Info for LTbeliever

No idea but 2 prior RNSs specified "July" for the spudding therefore, if a delay is expected shouldn't the Co officially update the market by next week (July end)?

The essence for KP2 is the following IMO (re offtake & financing):

"KP has secured two Letters of Intent for MOP off-take, from a reputable trading company and a Fortune 500 company for 100% of designated production. In the coming months, during the Front-End Engineering Design stage, KP will continue to engage in off-take discussions with some of the major fertiliser companies in order to finalise the most appropriate off-take strategy. Kanga Potash has received MoUs from pre-qualified EPC contractors for a highly leveraged finance solution with the backing of Export Credit Agencies to fund up to 85% of the required CAPEX via debt subject to meeting local content requirements"

Hi all, I'm a new S/h here, does anyone know if/when has the Co indicated it will have any income from its wells?
I went through the Presentations / RNSs etc, the Co simply states that it's working towards "value maximisation".

And don't forget a possible - good - update on Wednesday, with the AGM.

With such currently high oil prices and the perennial water scarcity in the region, I'd be surprised if more contracts from UAE, Saudi Arabia etc did not follow soon.
Imagine if Dubai's water system was covered by DVRG's tech! Where would that take the SP?

" 27 fully integrated Microtox® solutions at network points to monitor water toxicity and pollution in the Qatar region"
"The upgraded AI-based Microtox® CTM units include software with the ability to detect more than 2,700 dangerous pathogens and are a regulatory approved early warning system"

This is a huge advert for our tech because it's not just the stadums, it's the whole of Qatar; plus, it's the first fully integrated, live water mon. system.
DVRG's tech has a first mover advantage!

I have only just bought in, to hedge the possibility of Putin pulling the energy trigger and starving Europe of both gas and oil.
Obviously, this is a part of my portfolio and my thinking is this:
If Putin does pull the trigger on July 21st (because he is getting desperate and running out of time in Ukraine), the oil price will shoot up (albeit for a few weeks until demand collapses); Stock markets will crash if this happens but HBR will rocket.
If nothing happens with the oil price, then HBR may drop a bit more but the rest of my portfolio will be ok.
All IMO and GLA!

Bear,
All tech stocks are down 50-80% since last year (Tesla, Netflix, Amazon etc) so at 30p the Co made a killing! :))
SP to be 16-20p by Year end IMO.

Smeeno,
And it will be growing in the middle of a US/UK/EU recession, which will be exceptional.
Even SCT sales might benefit because women (mostly) will prefer to spend their little cash on skincare that suits them, and not the expensive brands they used in the past, with zero benefit for their skin.
And covid's resurgence means more deals for WBE and Microtox PDs etc.

Thanks Evan..
So it looks like it will hurt European competitors more? Unless the potential GDP plunge in Europe will impact global demand for iron pellets and thus reduce prices, even with reduced EU production.

Anybody knows how FXPO's production will be impacted, if Putin cuts gas supply entirely to Europe?

On one hand, German industry (clients and competitors?) will be knocked out and assuming gas is still available in Ukraine, then FXPO's production will not be impacted; but on the other hand, if our clients in Europe go bust, that's a big negative, right? And plus, if our competitors are knocked out.

And I think nobody has touched on the issue of global warming (heatwaves etc) and its effect on dwindling clean water resources - this in only bound to increase demand for MW's membrane business etc.

Spread is tight (need to attract buyers with a tiny spread) which implies that the MM probably wants either to accumulate stock for someone, or someone will dump a big lot by e o close today.
We will know in less than 3 hours!

believe it or not, we have more Buys than Sells (the 5ml at 0.0688 is a Buy).
0.0684 to buy, 0.0672 to sell.

that the mkt cap is roughly equal to the cash in the bank, hence the mkt assigns no value to the IP, the partnerships etc and the turnaround of the past year and a half.
In fact, the mkt cap was 0.5 mln just before the fund raise, and that was the cash in the bank too in Jan. 2021!!!!!

TRat,
well done...we will soon know!
" Modern Water's International Business Development Team travelled far and wide in June, meeting with our new Middle Eastern distribution partners. Watch this space for news to follow."

Distribution partners - meaning, more than 1 projects to come for MWater.

From RNSs:
4th July - STC - 1 mln income
30th June - MW - 3 mln orders (for delivery in 2022)
28 March - MW - 0.48 mln (UK govt), more to come
11 March - MW - 5mln orders for Q1 (2 mln for monitoring in later years)
11 Jan - 700k carried fwd from last year (10m-9.3 mln)

So, about 8ln for 2022, plus Labskin sales of 2 mln? (based on FY2021 sales of 2.5 mln).
10 mln in the bag so far! IMO
DYOR

https://twitter.com/gjbrandon/status/1545007384417935362?s=20&t=GLoq0z8it1bWQQADmzfJ_g

Hopefully some news soon about PD orders.

Great news, now waiting for the RNS about the first orders.

Last July (link below), there was an Update together with the AGM - so, fair to expect one on 20 July:
https://www.lse.co.uk/rns/DVRG/update-017pnm710oaz7z0.html
People seem to forger that STC will launch in China too, soon as per the Update:
"In addition, Labskin is completing development of ethnic skin model testing which will enable a similar volume of 20,000 units per month in China targeted for launch in H2 2022 in 5 major cities (Shanghai, Beijing, Tianjin, Shenzhen and Guangzhou) that have a combined population of c80m."
Exciting H2!!!
GLA