Member Info for Magoo79

The Verkuba JV is moving to the execution phase. Initial funding transferred, JV company registered, drill mobilised and ready. Alex and the Chinese are dead serious and are not wasting time. Great news!

@Ezhik now say it without crying

What has the n. of shares traded anything to do with the market cap?

Low volatility, steady growth. Great long term investment

212 is good for ETFs and large caps, not for small companies like ALRT.

Unfortunately some platforms, like interactive investor, do not allow the purchase of ALRT shares. I use HL for that

I attended.

I didn't really learn much that I didn't already know but I was impressed by Alex. He's competent, engaging and aligned with our interests. He's committed to avoid dilution and to progress only the most cost effective projects that he comes across. He had very good words for our chinese partners, Endeavour and the new board member. I have even more confidence than before and I topped up again this morning.

Perhaps what I had not appreciated before is that the development of Rulika is a bit tricky as there is a village on part of the licence and it could take time to get drilling permits. He says that the local community is supportive though. A JV or a partnership could be the way forward if someone with more experience in navigating the system comes along. Numbers are great.

He then showed some back of the envelope calculations, just to give a ballpark idea of what Verkhuba and Rulika could be worth once in production. Once Xinhai start delivering on their milestones the SP will take care of itself as more and more investors will be convinced about the viability of the project and the quality of EST and of its management. It's just a matter of months.

Also I get the impression that we are not going to see much drilling outside of the Endeavour JV as we don't want to dilute shareholders, especially at this stage. The good news is that opex costs are very low and there is no need to raise capital.

@CrudeTrader how's your short going? at 1.08 you said this was going below 1p

This is the proof that ALRT is part of the MoD ecosystem and, if this short term contract delivers, much bigger opportunities can follow.

Congratulations to the team!

"Mr Roughan will also provide updates relating to the Company’s commercial progress, including developments across customer contract activity and operational execution against the Defence Holdings strategy."

We may get an RNS on Monday to accompany the presentation.

My hunch is that Roughan spent these 2 months to get to know the company, refine the strategy and finally, put together a communication plan. Remember how this share rocketed in last year when they were posting 1-2 RNS a week? That may happen again and 50-100% rises in a day would be missed by those who are out. Position yourself now and wait

It's been a great ride since the lows so i am thinking that we may be risking a pullback now. Any ideas of an alternative stock with similar profile (defensive, high divi)?

I got in a 47, sold at 55, back at 51 and now topped up at 47. Good solid business with consistent dividends. Happy with the new deal, I think the drop is overdone

The key legal advisor is one of the absolute best in the world, Tim Foden. A class act.

My feeling is that EML are negotiating a settlement otherwise I can't explain the radio silence. It's like they wanted to keep the SP suppressed as they are not making any PR effort, unlike other companies involved in litigation like PAT or ZEN

Stop spreading the BS of that fantasist. It's the same guy who said that a few days before the ICC2 ruling said that his insiders told him that ZEN had won.

Ignore him/her

Any idea of the reason why this is moving? not complaining and long overdue but I wonder if there is an explanation for the sudden move. KZ investors?

I'd rather understand how those admissions were made. Maybe a local court of admin office telling ZEN off for the state of desrepair of the abandoned concession rather than a letter by the government stating "we recognise that the concession and the oil are yours". AC is a good salesman but he's not providing very accurate information here.

Still very good news

Always good to see that senior management prefer to be paid in shares, it shows confidence

The BoD is just too quiet. They are not making no effort whatsoever to promote the company, which does not make any sense, unless they are engaging in a promising settlement negotiation. I'd happily take 30% now.

Fingers crossed

Our new CEO is almost certainly working on the finishing touches on the ixian contract, the launch of one or more other products and a shock and awe communication plan which is going to lead to a regular series of RNS that will get the market excited. We are extremely well placed to capture a share of the significant investments that the UK and NATO partners are going to make in this space and we have the connections and the credibility to be at the centre of the defence AI industry. Once the SP moves, it moves fast, like it did in august/september. Accumulate now that it is cheap

Usual games. Insiders knew and sold in advance to buy on the cheap later. Appalling behaviour

Communication has been terrible and continues to be so. Seems like the BoD does not care.

I didn't like the drop from 3p to 2p ahead of the placing (a favour to their mates?) and now the radio silence. I hope this is because a settlement is being negotiated