Firering Strategic Minerals: From explorer to producer. Watch the video here.
From day 1 this company has always had sellers when good news has been released. Going all the way back to IPO so to blame current management is just plain silly. Who do you think ran this study, and the last one too? If they can clear the loan note then all assumed sins will be forgiven.
These are excellent results and worth the wait. Surely this proves that the science works and will now attract a deal with a multinational? We just need that infernal loan note to be removed and the shackles should be well and truly released.
I don’t know why some of the louder detractors don’t just sell their shares and move on? There are (as there always is) some very disgruntled people on this board. So why not sell up and move on? Is it because deep down you actually know that the plan will deliver? I think so. As Elrico wisely states “sentiment will change very quickly here” . There isn’t a CEO alive that wouldn’t issue good news as soon as he had it. It’s the same here. If he clears the CLN and delivers an positive acne result this month and forecasts by the end of the summer then this stock will be “transformed” and you’ll all have to find another company to moan about. Me, I’m topping up as and when I can afford because at this price it’s about as cheap as it’s going to get. IMHO, GLA, DYOR
I've never understood why people try to compare OPTI to SBTX. OPTI has been trying to make sales since 2012, that's 14 years. SBTX just bought a company that delivers £2mill in sales and has a tie up with the Modi people in India that could raise that number significantly. In addition SBTX have a solid, well broadcast deal with Croda that is very promising and launched a product with minimal resources and is generating £20k a month in sales with shoestring marketing spend. The SBTX board of directors are constantly roasted by Tom Winnifrith amongst others whilst the OPTI board have been trading for 14 years once had a SP over £1.40 (now 0.18p) remain unscathed. I can't help but think that's a bit odd.
One would assume, given the remainder of the note to clear and the acne results which must be close now, there is no reason at all why they would hold back on any positive news. I don’t understand why people would assume that they would. It’s in their and our best interest.
Well said Toyin and Elrico. I must say I’ve never seen such a witch hunt as this in public small cap markets. All started by Tom Winnifrith and all a bit silly. As Elrico states, if SA delivers then sentiment will change swiftly. I don’t know if he reads the boards at all, I’m not sure I would in his position.
Why don't you just email him? He has always replied to me and everyone else. I would imagine he is rather tied up trying to sort out this loan note and the next acquisition as well as chasing Umesh Modi for a forecast.
We shall see…
I fear you may have to eat your words at some stage Bazzaman. Why would he complete acquisition 2 when the CLN for acquisition 1 is still in play? Surely he’s working to clear that now? He delivered everything he promised up to December last year and was 28 days late with the first acquisition. Croda is totally out of his control and he give a clear account of that situation in the interim presentation. In fact Croda gave the explanation themselves. The modi forecasts are also out of his control and looking at the BS Opti forecasts (which they’ve never hit) I would prefer a delay and some realism than those sort of forecasts. Time will tell. One thing is for sure. We need this bank out as fast as possible.
Give it a rest Bazzaman you’re like a broken record. Why don’t you email Ashman and ask him your questions? He’s always answered mine and many others. Troll somewhere else nutter.
Well said Aquae, Bazzaman seems bored, he’s posted on several companies boards this morning, never anything particularly positive at any time. I prefer the slow rise to the big jumps, it keeps the market makers away. As I said earlier, as long as SA presents before the end of June he will have fulfilled his promise. Let’s hope the next announcement is a further reduction or clearance of the loan note. I’ve lost track of how much is remaining? Is it £800,000?
Toyin, I'm merely pointing out a broad assumption based on the interims. A solid presentation with excellent news from Croda and Dermatonics and the SP shot up and then slipped back to previous lows. If he released acne or indeed anything else we are likely to see a brief rise and a return to previous pricing because of the looming spectre of the note. Why not clear the note and then release? I totally understand your approach and you are correct, I am just thinking of the unjust kicking he received from TW and the fact that many are baying for blood here and simply stating that of I were he then I would try to clear the note in its entirety and then issue news (that is assuming he is able to do that given the rules) Just my humble opinion.
I think we all need to step back a little. SA said he would communicate every 2 months / 6 times a year. He has already presented twice since January so as long as we get something before end June he has fulfilled his promise. Secondly, I would imagine he's trying to get this infernal loan note cleared before he releases anything else as that is what is holding us back. If you look at the last presentation from SA with excellent Croda news and Dermatonics etc the SP rose significantly but came right back down as conversions were issued. Why push for good news until that note is removed? I'm not saying he can remove it altogether but any significant reduction would surely alleviate investor nervousness.
We had a great video from the Croda project lead lady that confirmed we are at the end of the project at the last invest meets presentation about a month or so ago, that's the first time we've heard directly from Croda. We also had a video from the chap at Dermatonics which talked about the Modi group opportunity, I would say that is all very positive. I would imagine SA is flat out trying to clear out the remainder of the convertible loan facility. That would be the best news we could get in the near term. Until then, IMHO the SP will not budge as the market fears the remaining conversions dragging the price down. That's all that's stopping me piling in. In the meantime a little top up here and there to bring my average down is all I'm comfortable with.
Mrvivo, New profile, one post, looks like Mr Sheedy trying to worm his way back in. Do us all a favour and do some homework.
I agree Leapfroggy Bekker is definitely a weak link and has done nothing in the 2 years since she was hired. I didn’t understand her appointment in the first place. She has no relevant transferable experience and is an unnecessary waste of a seat at the table. Needs to be replaced with someone who can deliver and has sector experience.
Why would Macquarie sell at the conversion price? They want an upside surely? The very large trade the other day was at 9p so they would have made 2.5p per share margin and Tyndall get a large block of shares to add to their already significant holding below market price. The good news is that the newly released shares now sit in long term holders hands and the facility is almost halfway done in under 3 months.
Once again, which part of the RNS last week do you not understand? The shares are converted by Macquarie and then bought by long term holders. Tyndall were specifically named which means this intent would have to be proven to the authorities before that statement could be released. Now you start to see the transfers coming through (and they may not all be on massive blocks) and you’re off scaremongering yet again. Time for the filter methinks.
Cath is the inventor of the Axisbiotix products and the Skinbiotix / Croda products both of those technologies are being commercialised now. There are also 3 live microbiome projects running with the university of Manchester and she is leading one of them (Inflammation, Oral and Epiderm). She returned to her full time role at the university and is still the scientific advisor to the company. She was always part time and has simply reduced her time with the company. Do you actually read any of the RNS that are released?
Well said Cliostock. Spouts a rumour and then publishes it. To what end? TW was vile towards SA and the CFO but seems to be able to act with impunity.