Member Info for MrBB

Dont forget Lombard adding too -they all sit on the same Board & have access to the same progress reports/projections ( whether official or unofficial).

Very encouraging to see Kate buy again ,confirming her confidence in our prospects

Very solid ,exceeding expectations & £5mill cash-no complaints

Extremely positive & despite brokers/analysts currently valuing Aviation at Zero, there must now be substantial value there,although I appreciate that putting a number on it is the tricky part.

An additional & intangible value emanating from this deal is the massive increase in our credibility ,having produced a techie product which one of the largest companies in the World has partnered with.Surely more IIs will be looking carefully @ SEE now wondering whether there now be a short term opportunity to achieve a superb return for their investors-especially if we are no longer independent by 2025

Fair comment David W .I thought yesterdays RNS was terrific news as it validated Pauls claims that our Aviation division is a viable 3rd leg to our business & we now need to await the first Aviation deals from which we will earn royalties.News that G£ will be launched on time would be a major positive ,from my perspective, but based on past experience ,unlikely to result in a significant uplift & that would probably remain the case if we announced 1 or 2 major auto RFQ wins.However should the last 3 events happen the building blocks will then be in place for our revenue to increase & ,hopefully, our profitability.

Our expected FY24 losses were $6.6million,now reducing to $3.1 million following the Aviation deal & it would not take much upward traction for us to achieve or exceed breakeven in FY24,depending on future contract wins.

If we continue to sign the contracts across our 3 divisions our revenues will increase,we will achieve profitability & our SP will improve -we just have to be patient for a while longer-but we must surely be close.

I agree SEize-3.8mill is a significant transaction-the largest single transaction for some time & it looks more like a buy than a sell to me -although our lacklustre SP suggests otherwise.

My hope is that this deal has now been signed as a large commercial co ntract is about to be signed

Fantastic news on every level adding significant value & a massive endorsement of our industry leading technology.

SP can do what it wants today but my view is that this is very clear evidence of vindication of our patience & building decent holdings over many years.

Good points Majorem & the reason you are staying in is that if you have conviction regarding 30p by 2025,there arent many other investments out there,about which you are familiar & have belief,which could X5+in 20 months.If it happens our IRR will be exceptional.

Presumably the team leaders will draw from the experience of the top salesmen & look to use their techniques in less effective territories with view to improving overall performance.

We know that there has been little RFQ winning action since the Oct Town Hall at which Paul very clearly told us to expect RFQ wins quickly due to forthcoming regulatory requirements & he also took the mick out of himself regarding the long awaited "imminent" aviation deal.Despite the clear delays I assume Paul still expects to win a strong % of the overall market,timescales having been pushed out by a few months-which,assuming we win the expected % of the market,we will have long term contracts with high minimum values.
The other Big Unknown is the potential from G3 to be a game changer for Fleet-ie it has taken a few years to achieve 50K connections but with G3 that number could/should be multiples of 50k.
Cenkos retaining their 23.80 sp target (within the next 12 months) is also very positive -4+ bags from todays close which we would all gratefully accept ,should it happen.
I entirely understand the concern of the concerned but I remain optimistic that our long term & in many cases substantial investments here will be vindicated.

23.80 p target price maintained

To clarify ,my reference to G2 relates to confirmation of expected launch date

Solid enough & I am sure we all hoped for a bit more,particularly from Fleet,although I appreciate the installation constraints & pity there was no reference to the launch of G2.
Market likely to be relatively ambivalent

Orr potential is more to do with drilling results & Director buying rather than the pump & dump brigade.

Any of you mining experts have any idea when Pitfield results will be back from the assay office ?

If Paul really believes his own rhetoric,eg in the "Italian Presentation " he suggested the possibility of a SP of 70p ,why would he not buy 12mill @ 4.41p as that would give him a prospective profit of £7,871,000 , whereas if he sold them all in market he may make around £100k.Paul is on a very decent package & for a chap of his age & with view to high level roles & a corporate life of earning substantially above average income I would hope he has accumulated a decent investment/pension fund & £539k,while being a fortune to people on average age ,should not be unachievable for someone in his position.
Plenty of time for positive contract news & the launch of G3 before July but even if our SP remains @ 5.5-6p I would still hope he takes up all or most of his entitlement - as to do so will show the faith in our potential more recently shown by Lombard & Martin Ive

I believe 70p+ is possible but we wont get there in a straight line & I agree that we need to deliver in all 3 divisions,become established as the true market leader based on business won as well as reviews of our products,& our revenues & cash flows must improve & be seen to be improving further with profitability arising & visibility regarding near term revenue increases.
it will be much easier for us to substantially re rate once The Market can see that there really will be no more raises & that substantial revenues &cash flows increases are happening & profitabilty has become reality.The next few months will be crucial to our prospects

Our festering SP & a couple of poorly received fund raises (@3p) over several years have enabled many here to build much bigger holdings than they would usually hold in any company & 70p would result in substantial profits for many.Despite my natural positiveness & optimism it is hard,currently,to envise 11 bags + from where we are right now.
Paul is a great speaker & hopefully a good man/woman manager but he really needs to start delivering on expectations after several missed delivery targets-about which he will be very aware with view to his remuneration package.Once we recover to 10p+ ,based on whatever news results in that I will reconsider & update my expectations accordingly but 70p seems a way off right now.
Great weekend all !

He claims to want to remain independent for long enough to see us achieve his ambitions for AGL but if it is likely to take years & require further funding an early exit at a half decent price may allow us all to move on & I would have thought that our tech within a mulibillion $ global bio could be accelerated quickly with the correct level funding available & generate decent revenues much more quickly within that environment.He talks a good story but he may also ,privately, feel he wants to move on now too - the problem being that he too has suffered a substantial reduction in the value of his holding & may have an unrealistic target in mind.

The launch of G3 ,hopefully at the beginning of Q1 FY24 ,as previously advised could be a game changer in respect of installations based on our post production offering .I am hoping that we will soon receive a trading update ,perhaps following Q3 KPIs which will hopefully confirm that G3 remains on track -or better still & wonder of wonders ,perhaps we will be ahead of schedule as Paul ,by now ,must be conscious of managing investor (& prospective customers )expectations & the importance of achieving previously announced timelines