Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Do we know if Killik & CO ever fully sold out maybe they are selling their remaining %?
Yeh I saw value as well yesterday we are almost down to the listing price 3 years ago which given the overall increase in revenues/ebitda over that time period seems crazy to me. The market seems to disagree though at the moment so maybe we are both missing something :)
Nice to see someone else has seen the potential here :) I've built a small stake here as well over the last few days
Maybe people should have to tick a box identifying their agenda before posting on the board:
a) Investor in Optibiotix
b) Troll
c) Trader trying to get in at cheaper prices
d) People who hate Tom Winnifrith
e) b,c and d combined
Those people who are having genuine discussions and posting information and research I appreciate your effort. The rest of you are either incredibly transparent or have far too much time on your hands - there are probably hundreds of companies on aim that are lifestyle companies go find the next Globo and do the world a favour and stop constantly trying to knock one of the few companies on aim which has the potential for success so you can buy in a few pence cheaper.
I think people are being too critical of Bernard he has achieved far more than the majority of resource companies do in a short period of time and for a minimal amount of dilution. We are not even 2 years into the project yet (First concession was obtained 30/08/16) and the project has had a large amount of drilling and has already obtained an offtake partner with Suay Chin. The timing of this was perfect being done while the share price was at a high and the companies valuation had gotten far ahead of itself. Yes the additional placing recently was a little disappointing but I believe without Suay Chin the dilution to shareholders would have been far worse.
All these "suspicions" of prolonging the exploration phase are silly BA is drilling the resource and defining it that's what he is in place to do. The exploration phase will probably go on as long as there are more potential resources to find (most companies are still drilling to expand the resource base and create extra value long after they have a producing mine) The JORC is coming as stated in the previous rns and this should be where those of us who are not Geologist's are able to get a better estimate of the value of the resource which should then be reflected in the share price.
I think a lot of people are more venting their annoyance because the share price is so low rather than because BA is not doing a good job. Unfortunately it got ahead of itself particularly due to the takeover possibility surrounding Birmian and has been correcting to fairer value since. If as we all suspect that the resource here is of a high quality then we just need to be patient and wait for the value to out.
Thanks for that I hadn't picked up on the low customer growth for the 2nd half of the year.
Am I the only one who has any shares in this company? I'm curious as to why more people have not been buying in. - Revenue Growth has been excellent year on year - High margins - Large percentage of revenue is recurring - Experienced management having split off from Reckon - Diversified customer base (No over reliance on any one customer) Is the fact they are loss making putting people off? Surely this company is similar to Loopup a few years behind and costs could be cut to make them profitable but at the moment they are investing to accelerate growth? Interested to hear other peoples views thanks.
Surely undervalued even without including the current RNS with FY Revenues of 20.4m?