Member Info for Mikey279

Quite clear the agreed kitchen sink price was 11p seems quite close now, see the pop to 15 yesterday, next one will go straight to 20s

Agreed one more print to come

All IMO

Bizzarre obsession

Bizarre obsessions between certain individuals, somehow associating investors with shares

Move on or take it to PM.

All IMO

Just need a bit of patience, seems v close now

All IMO

Chart looks beautiful, first target 26p or so

All IMO

CFO bought at 27p or so post the TU for the first time, so clearly feels it’s under value - just some funds shuffling around IMO

Have you seen how fast this moves..... could shoot to 20+ if seller is clear

All IMO

Just remember the CFO bought at 27p after the update.....just big funds shifting/selling, dirt cheap for the potential on offer here, its a 30p+ stock all day long

All IMO

That was the 8th, another large chunk cleared today hence the dip and volume, should fly tomorrow if not later in the week

Silly mcap for the pipeline

All IMO

This provides a strong backdrop for potential future demand for RC Fornax's services, and indeed, since publication of the SDR, the Company has seen a marked increase in customer engagement. Several previously dormant discussions with major contractors have resumed, and the Company is now progressing a potentially significant partnership with one of the UK's leading defence contractors. The Board is hopeful that this opportunity will deliver material value over the medium to long term.

Say no more.....must be due news on this front, 2 months now

All IMO

No need to ramp, CFO's are usually more risk adverse and bought at 26.8p recently

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Seller looks clear here.... should really be in the 30s after TU, directors loaded at 27p

All IMO

Bottom looks close.... silly valuation for a closed FID with 60m+ investment and 9m EBITDA over the next 5 years. scaleable too

Should see some stake building now that traders/stale holders are out

All IMO

In order to assess future covenants and future liquidity needs of the Group the Board has conducted a thorough evaluation of the going concern assumption and has modelled a number of scenarios.

Given the trailing nature of a LTM covenant, most of the September 2025 LTM EBITDA is known and it is probable that the covenant will not be achieved or achieved with minimal headroom, which could lead to an event of default when reported in mid-October 2025 unless waived or amended. In all scenarios other than in those where a strong market recovery occurs, the leverage and interest cover covenants will be breached from December 2025 onwards.

Future liquidity needs will be dependent on trading and on the success, timing and use of proceeds from deleveraging actions that will require negotiation with lenders. Notwithstanding, the liquidity impact from deleveraging actions, the Group is at risk of requiring greater liquidity than that afforded by the RCF cap. In all but the downside scenarios, the additional liquidity requirement would be within the £11 million headroom between the liquidity cap and maximum borrowings under the RCF but would require lender consent to access.

Doesnt look good

Patience, consolidation phase and now 3rd bounce off 3 level

Out with the old in with the new, it’ll re rate soon 9m ebitda vs 22m mcap is no joke

All IMO

Going concern doesn’t read well here…

Looks ready for the next leg, support at 3 twice, suspect a run to 7-8 now the traders are gone

This is a unicorn in the making - greatest rns in history of company

All IMO

Where is this analyst report ?

Should see a huge nice re rate now.... only for one site too, you dont say best news in companies history for no reason

All IMO