Member Info for LTbeliever

Or more?

Maybe he was the teaboy in the Conf Room, where docs were being signed :)))

My guess is that they worked flat out over the w/end, hoping to release today, and then today trying to conclude; 1st time I have seen KP2 updating the market so late in the day; IMO, this means - IMMINENT!

SWky, I agree; another 2-3 days IMO, they must be very close, otherwise why wait until end of today to announce the delay, w/o specifying a new date? last time with Summit they indicated 2 dates, a latest and a hopeful one (2 weeks later).

Someone today is patiently and carefully accumulating shares; knows something?

Cbax, your wish (3.6) has just come true; Bid @3.48

Bid @3.41 so something is moving; probably a minor leak?

IMO, an RNS will be issued today irrespective of ASX (halted) or JSE, as AIM is the main listing (and the past indicates that the focus is on UK trade times).

No RNS cancelling trading halt on ASE, IMO we'd get one later telling us what the extension will be.

We will know at 7am if good news IMO, as the material RNS means simultaneous trading on all 3 exchanges, so ASX should be back to business; judging from past "extensions" that were released post-7am, if nothing at 7am then expect a delay-RNS anytime during the day. IMO

There it is, 2 hour delay - good sign?

15.28 @3.6

Just got an alert for a BUY @3.6 but I can't see it - is it JSE related or a delayed AIM trade (to see on Monday maybe?

Don't forget tranche B on 9 June, news may follow soon after. Possibly SYM will use the money to pay off the 1.5mln Conv Bond, due to Sea Pearl by 31 Dec; if so, it'll avoid a slight dilution.

6 figures - IMO, this is critical; would they mention it if a low number (eg 100k)? And wouldn't they mention "high six-figure", if the case (eg 800k)?

I reckon we are looking at 300-500k, IMO, meaning that the cash runway is well secured.

That's not the high; 4.30 in November 2024, just before the EPC was announced.

I think we are headed for a Monday RNS, delay of a few days possibly?

What's the GBP equivalent??

Actually, before even the July update (for H1 2025) we'd get the FY2024 AFS by end of June; if these are released, it means that there is cash flow visibility to at least mid-2026 (otherwise, it can't be a going concern basis).

Definitely by Monday, an RNS should land; given the AGM on the 11th, will they announce a delay on the 2nd June? to when? beyond the AGM?

I can't say but if I was the BoD, would I give myself - on 29 April - a deadline of May 31st, then 2 weeks later announce the AGM and then again extend my own deadline beyond the AGM? does this make sense, although it is possible?

Next update is by eoJuly, for H1 2025; IMO, this will show big rise in trading and increase in GMargin (explaining why they expect EBITDA positive by year end); plus, had Qatar paid the 228k in June, as originally expected, the Co 'd have had 300k+ by H1 end - which would not be negative.

IMO, it's all a timing issue, does anyone believe that Qatar will not pay up over the next 3-4 months?

On the one hand, big boys own 70% of the Co so, don't care too much about us;

on the other hand, they have always been late with deadlines but have been putting their hands in their pockets all these years and delivered what they promised - in the end.