Member Info for Mikey279

Don't be misinformed, yes they need an EGM to approve dilution and it's likely to happen soon to sort the 8p CLN (or they'll further postpone it), but the funding requirement seems to be circumvented by the £1.5m non convertible loan they took

Yes please share.

Not interested in the gold if i'm honest, the real gold is the coal

£1+ please

IMO

20p predictions are well off target...some back of the fag packet calcs:

At full dilution I'm guessing we have have circa 400m shares max?

The current offtake is at 60-70% margin at $120 prices....if they head to say $350

They're looking at 210-240 of profit per tonne, they look to produce 300k P/A by H1 23 - thats nearly 60-70m per annum and on a P/E of 5 - is $300-350m = 250-300m mcap, so you're potentially looking at 70p + in several months?

This is excluding further production/expansion/offtakes etc which is all funded and paid for via cashflow or offtake finanace, we have over a billion tonnes of the stuff. Never seen anything like the upside available here....

The non convertible loan to production basically says no placing, so it's all bottom line in one of the few sectors to benefit from the world's chaos.

20p+? try 20+ bagger

All IMO, DYOR ETC

probably but debt over equity any day... the next dilution are the 12p warrants

its non convertible....what do you mean by flesh? It's just debt until production

Patience.... remember AVCT held at 40p for a long time before going up to near £3....NCYT 40p - £10

This RNS is no joke, if anyone remembers what happens when FDA gets rejected or delayed..... MTFB/POLX?

Currently only 10p higher than previous peak pre FDA, should be well over a billion mcap IMO

Grail $8bn dollars.....

You'll see

People think too short term.... 'sell on FDA news'

A new class of gold standard asset which changes humanity has been created with no competition, $100bn market in the USA alone

This is world domination, you don't need numbers to back it up it'll be sold well before that IMO

How many billion $s is the question?

All IMO

So you have a gold standard product in a $100bn dollar USA only market with almost no competition....

Sitting duck now, what's the bet it gets sold for an 11 figure sum?

All IMO

well £1m buy from the man himself.....looks like he agrees

Just me I guess, but I'll share my thoughts from before:

Been watching this one dip for a while

£18m PBT and 5% organic growth FY23, for currently under £100m. that's a P/E of around 5/6x.... which is incredible

Should really be at 10-15x , so SP range should be between £2-£3.50

The SAYE scheme exercises are at £3

Covid related disruptions should be done, macro backdrop is across all sectors

Can only imagine there's been a few big sellers without much buying interest

Should get a full year update in May, let's see if dividend exists

All IMO

Will say it again.... dirt cheap just had no volume

2m lower debt, a more bullish statement and nice acquisition, should rebound nicely

All IMO

About time....all materials paid for so most of it straight to the bottom line I guess?

indeed, upside of £4+

Most under-rated share in AIM...once the CPR lands (any day now), you'll see an ITM like re-rate I

All IMO

I found it off at first too, but look at the last 3 years' results they all say unaudited

any way key for me was that underlying figures were in line with expectations

it's the same for past few years.... no big deal

Good results, loss due to adjusting acquisition but it'll be one off, underlying growth and figures are in line and nothing 'dodgy'

Great update IMO

that's at current prices.... they've been 50% higher a few months back, either way should see a significant re-rate IMO

NPV10 at current prices is around 300m+? for RBD's share....cashed up...other asset...new licences

Am i missing something at 40m mcap?

well it looks like they only have 20% left of the project if ascendant complete their earn in.... annoying as it's a monster asset :/

Well at least the options were in line with the close on Friday so no massive 'discount', they're aligned with SH now at year highs.

Nice £99k buy this AM too, NAV must be nearer £8-10 at current oil prices, but bear in mind it's the last ready play so would not be surprised at a buy out....like Ithaca did a few weeks back

Sitting duck at this mcap all IMO