Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Avacta vote - sell or hold?
https://twitter.com/MTP62_PA_Writer/status/1491089175424434178
Call me a sucker but I just averaged down off the back of that statement from JR. Won't take much for this to go up from here. As he says, we've reached the bottom. Plenty in the offing moving forward. DYOR.
GLAH
Reading the latest notes from Align the potential here really is off the scale compared to the current mcap. Easy to say 'yeah well they are biased' but think, they're the largest holders for a reason.
Also very telling they described LJ's tenure as moribund and how the company is now more focused on cashflow, obvious they gave him a nudge out the door.
I recommend everyone to go through the Align notes, even the cynics. Very confident of getting my original investment back and much more. Already been in here over five years I can wait another one or two more... What a turnaround story this promises to be.
GLA.
REALLY annoying that they've been made to come out and say this.
Their mcap is only 27m ( and now it'll drop lower today) and Satoshipay could be absolutely massive! The recent rise is just the SP catching up with the valuation IMO. When shares tank they're not forced to make such statements. Heaven forbid a share can go up without the MMs being able to hold it back!
Unbelievable.
"Submission of a draft Field Development Plan is a significant milestone for this important gas field. Victory is in relatively shallow water, close to pre-existing subsea infrastructure, allowing a cost-effective tie-back solution. It is fully appraised and requires no additional pre-development drilling. A recently compiled CPR has ascribed recoverable resources of 179bcf1 of dry gas to the field, which is situated in an area of significant infrastructure, meaning its development is expected to be simple whilst providing meaningful gas resource to the UK."
"It is prudent to mention our 16.665% investment in West Newton, of which drilling results and a series of extended well tests have confirmed the presence of substantial onshore hydrocarbon resources, within the Kirkham Abbey formation of the West Newton A-1,A-2 and B1z wells. As previously announced, a number of external studies are currently in process, encompassing a wide range of reservoir analysis in order to offer direction on how to achieve satisfactory and commercial flow rates from these wells. Preliminary reports are encouraging and we would expect to be in a position to offer a comprehensive update to the market in early 2022, on this material project that represents significant value potential in our portfolio, once the first phase of this work has been finalised."
Man, if Dr K says he's never seen such greed, corruption and disregard for shareholders, I really hope the new BoD can find a way to go after them and really avenge us (ti the new Iconic's benefit). Shame on the last lot, seriously.
0.047 with ten of millions of shares.
So happy be back in the fight here. Future certainly sounds promising. A name change and consolidation are probably in order, then sue Sefton et al to hell! :-)
Going to be an interesting 2022 I expect...
I too would like to put on record my sincere gratitude to Dr K.
This has been a hard six months. I lost big on the Motif Bio delisting and losing out on Iconic too due to yet more greed and incompetence (this from from Sefton and his cronies) would have been very hard to take.
Dr. Krebs you are most definitely now on my Xmas card list! Your updates and the motivation behind them has saved our sanity and in some cases our pensions too.
GLAH, finally it appears we can breathe again :-)
Wonder how many other resident trolls on here are also Stinky. Would explain a lot. Can't really imagine anyone being that pathetically sad unless they have an ulterior motive...
It's a pity because it turns a lot of people off the BB, but then that's probably part of the plan.
GLAH
Shame on you 'Selfish'. Vile.
https://www.guerillainvesting.co.uk/2020/09/22/*************-the-stinky-pete-scandal/
Heads up everyone. Stinky by name...
Just shows why we should take trolls with a pinch of salt unless they've sthg constructive to say.
Take care all genuine holders. GL.
Let's face it, the lack of comms to shareholders throughout this drawn out torture has been nothing short of a disgrace.
We've been left to rely on a mystery poster here whom I pray has been telling the truth.
Whatever happens this week, there are big questions that need to be ask. The whole thing is very fishy and I hope the JAs have been doing their job which should be to broker a way to put this back in the hands of the long suffering shareholders, rather than get the old BoD off the hook at everyone else's expense.
GLA!
Again, I believe these are the latest instructions. Please everybody make the effort, seems to be our only hope?:
If you make your investments online, you should access your online portal in the usual way (e.g. online banking) and send a secure/private message to your broker/bank as follows:
Subject: Proxy Votes for Iconic Labs GM
Meeting: Iconic Labs General Meeting Wednesday 8th December 2021 (originally convened for Tuesday 15 June 2021)
Number of shares held: (insert no. of shares here).
"I vote in favour of all resolutions at the Iconic Labs General Meeting convened for 15th June 2021 and adjourned to 8th December 2021. I select the Chair of the Meeting as my proxyholder".
GLA!
You should be able to vote online. Use the secure messaging service and if there's any kind of choice as to the type of message you're sending choose corporate actions if it's there.
If they don't have that option just message your vote to them anyway and your broker should be able to register it despite the lack of a precise "voting rights" label in their messaging system.
GLA
Correct me if I'm wrong Doc, but I believe these are the latest instructions. Please everybody make the effort, seems to be our only hope?:
If you make your investments online, you should access your online portal in the usual way (e.g. online banking) and send a secure/private message to your broker/bank as follows:
Subject: Proxy Votes for Iconic Labs GM
Meeting: Iconic Labs General Meeting Wednesday 8th December 2021 (originally convened for Tuesday 15 June 2021)
Number of shares held: (insert no. of shares here).
"I vote in favour of all resolutions at the Iconic Labs General Meeting convened for 15th June 2021 and adjourned to 8th December 2021. I select the Chair of the Meeting as my proxyholder".
GLA!
Agreed. Extremely well run company, one happy biproduct of which is a very low cash burn. All to play for and a very exciting year or two ahead. Skinbio IP is worth an absolute fortune and they are patiently partnering and monetising it the right way.
GLAH.
Just read Dr. K's latest update.
If that is all true, then this will suddenly become my favourite holding upon relisting.
I lost an absolute fortune when Motif failed to relist (ridiculous risk I took there, really badly handled by the BoD), can't be doing with that happening again.
Looking forward to Tuesday with sweaty palms. GLA!
Have just done both and I implore my fellow holders to do the same.
Just putting their email contacts here to help keep them near the top of the chat:
hugh@antonybatty.com, antonyb@antonybatty.com
firm.queries@fca.org.uk, whistle@fca.org.uk
GLA. We really need to push for this, the deadline is looming!
if that happens they'll be taken out at a premium am sure. this could escalate fast. well, let's hope it does anyway after the wait we've had. RNSs arriving like buses here now
Guys JR just replied my tweet about the possibility of them announcing Amazon one day, with "We have made contact." Just added to my holding. If they do end up linking with Amazon - and let's face it they've already signed up with some major retailers - then this will swiftly become a 'retirement stock'!
Sorry to sound rampy, had a coffee earlier, but this current mcap is madness. Peers in the fintech space are valued at multiples. Mode has already announced some huge partnerships and quality initiatives and they haven't even started marketing yet. Just let that sink in for a moment.
A while back someone asked if Mode would fancy sponsoring an EPL team and JR replied 'I think we can do better than that.' I like his style. Has delivered on everything so far and more. If you hold Mode and have twitter you should follow him, but beware you'll be in danger of going all in after reading his tweets!
DYOR! GLA.