Member Info for MrBB

Not sure what management can do to bolster our SP -other than announce a substantial 9 figure RFQ win (Toyota would do ),announce that we did indeed win a large amount of G3 contracts following trials (exceeding the 18k units previously referred to ) ,announce our inaugural Aviation contract with numbers & disclose more about the other verticals under consideration with MITs -not too much to ask before Finals

Colin Barnden s whole business proposition is to market himself as an expert in all things DMS.Why on earth would he continually praise a company who , in his opinion, have the best DMS on the market if it transpires that a competitor has far superior technology together with superior products.He would be dead in the water and his credibility & career over.

He clearly considers SEE to have the best product but it is the execution which will determine which of the main protagonists are most successful.There is no reason why SEE , Tobii & Seye cant all be commercially very successful as it is a big market & , currently, the market cap of SEYE is substantially higher than ours,despite SEYE not yet producing KPIs or demonstrating the rapid ramp up in revenues expected.

The unexpected departure of their CEO & the Autosense founders suggests that Tobii are most likely to be next in line to consolidated -wonder if we would be interested with view to their consider division which could be developed & expanded upon as a new vertical ?

To add context to the tax free lump sum debate-for older pension holders there have been 3 occasions in the past when it was possible to apply for protection for your tax free lump sum,originally at £1.8m(£450k protected),reduced to £1.5m ( £375 protected) & most recently £1.25m (£312.5).

I applied many years ago but you cannot apply retrospectively

I didn’t think it possible but I am clearly more optimistic than you ,S2020,as I expect positive news from MITs re G3 together with positive news from some of our 19 other trials -apart from much hoped for RFQ news as we are now very close to regulation + Finals by the end of Sept give Paul & Martin to produce an optimistic Outlook Statement ,hopefully confirming cash flow break even by CY25 end ,G3 production at full capacity & detailing our ongoing relationship with Magna .I appreciate the disappointment we all feel regarding shifting timescales ,lack of Auto contract news & the G3 mess (now resolved ) but surely this is the time to double down not bail out

Good points Esc-additionally ,current trading in line with expectations clearly relates to trading since 30/6/25,ie the start of FY26.

G3 is now in full production,2000 units per month & I assume we are not only producing for stock & assume therefore we have orders to fill,suggesting expectation of substantial growth in G3 sales -& that is without any orders arising from our 20+ trials,many of which must now have ended & be in the negotiation stage.hopefully resuting in positive newsflow.

It was disappointing to have downgraded FY25 expectations but these figures suggest that Paul & Martin were prudent with their revised figures & , at last, are trying to manage investor expectations by exceeding rather than falling short.

The Market will need convincing after many years of false dawns & banana skins but perhaps the worm is, at long last, turning & FY 26 will be a pivotal year for the company & ourselves as long standing investors.

Working with external partners is the potentially interesting bit for us !

Solid & encouraging update !

Speculative value only but we should remember that the licence at Pitfield was originally acquired in the hope of discovering substantial quantities of copper

I am sure Paul will be putting pressure on all relevant lead senior managers to get a deal ( or two) over the line before the FY26 update ,due sometime between now & month end

US is growing strongly & that will hopefully continue & must result in further discussions regarding a Nasdaq quote,

Additionally, our new India operation should generate substantial revenues/profits once operational .

Appreciate that some will take profits after a strong run & some ruthlessly operate a stop loss which may have been triggered-although I will stat put in the expectation of further growth

Hopefully Paul wont be CEO in 12 -18 months time as we will have, at last achieved our near term objectives,cash flow breakeven & profitability,auto royalties of 8m units pa,win a good % of outstanding RFQs, exponential growth from G3,helped by Mits but also other large customers for post production fit,first decent Aviation contracts, expansion ( at last ) into rail & tram sectors-all of which will result in a decent re rating then a takeover by one of the various organisations who could benefit by 100% ownership of our brand, patents & recurring cashflow from G3 monitoring.At that point Paul will no doubt retire, & go non exec as a relatively wealthy man.

I appreciate the insecurity & fears of some long term holders who mag feel trapped in their investment -ie not prepared to cut losses due to FOMO-not healthy but totally understandable .CFP ,on the other hand ,is increasingly offensive to Paul & the company generally ,so hard to believe he holds any shares (& if so ,why) .Assuming CFP is a shareholder in his beloved SEYE I am sure he is looking forward to their forthcoming results -although unless the results are stronger than expected he/she/it may get the opportunity to buy more at a discounted as their funds must be running low with a fair possibility of a fundraise to coincide with Results.

The industry has been struggling & Cipia were the first victim of rationalisation .

I continue to believe that SEE are well placed & that news flow will soon improve substantially & I have dealt with mg insecurity about lack of ‘recent’ news flow has been to buy more shares & reduce my average cost a tad more .

I understand the risk & hope to be vindicated one day soon

When I first bought there were 114m shares in issue

Drilling for the latest campaign started over 8 weeks ago so reasonable to expect news soon too of the outcome ,hopefully confirming consistently high/very high grades throughout the drilling area + much lab work being undertaken from samples .News could be sooner than some expect so let’s hope it’s all good !

Excellent update & assuming momentum continues in H2 will produce EBIT of more than $150m which should help underpin the recovery in our SP ahead of Interims due on 11/8

Chloe should do more homework or consider a career change !

Not often that I buy more shares 2 days ahead of an update & the outcome is positive !Let’s hope today’s IM continues the positive theme & a decent re rate is underway .

I remain a stale bull !

Should be this week & hopefully very positive ,enabling a further recovery in our SP

Absolute garbage Tim - perhaps you have never met an Aussie before?

Tim

I wish all the MDs of all the companies I have ever invested in had been capable of presenting their prospects so well that their share prices increased more than 15 fold since first purchase!