Member Info for NelsontheDog

Robins,
My average is 110p - first buy here was at 119p - i dont think you can get much more on the spike than that! I havent lost too much sleep on this one tbh - as you say director buys and lots and lots of news due. If I was Merck I would be sizing this up now as due to the market, they could get a relative bargain.

GLA
NtD

We are watching George and Keld transact their master plan I think. 5 parachain auctions to go live on polka dot on December 17 2021. First one, Acala, second one Moonbeam - both with 350,000DOT locked in for 96 weeks.
KR1 have 3.5m DOT - are we going to see another 8 plays bid for? I think we might. Clover is another DOT project of KR1 - I reckon they might win the next auction.
Bottom line is that these are big dapp enablers joining the network that is stated to link most networks - I think December onwards could see huge revaluations of these projects as they go live.

First though let’s see if KR1 can get a winning ticket on all 5 batch 1 projects.
Exciting times!

I haven’t tried to model the value of pendulum but it is a massive number x a risk of not getting there x gaining market share.
Tackling market share - I think our prospects are fair - stellar network will promote and seems to have a professional manner. In relation to not getting there - it’s satoshi pay Achilles heel in an all out battle against Stellar network needing this to really drive the next phase of their progress.
Personally I think this is a winner and the reward could be stupefyingly large.
Planning to drip feed money in here when I clear funds - agree the near term views already specified but the top out price could be spectacular!

the August 2021 RNS titled H1 2021 results also holds the indicated full year to 30th June 2021 results. It just want titled preliminary full year results for some reason.
As Dorfan states therefore, the full year report is more about seeing post period activity (5 months of it) and forward looking forecasts in relation to the business and new project development.

I think todays price action is sector specific not related directly to JLP. Tharisa down 6.4% as a quick compare

Hi
Well on reflection I am out - sold and realised a £5000 loss - my worst loss ever and 5% of my trading pot total (yes I genuinely started in this as a trade).

I am super annoyed at myself as I had really uneasy feelings about this share and reliance on government and could have gotten out with a loss of about £1 but greed.....

Why take the loss? Fundamentals - turnover and loss per share do not justify the share valuation so I think this will drop further (and I may then return). Also, need sales and commercial credibility - i have to say that as a commercial director with factory accounting background I would love to get my hands on ODX as a recovery play - but wrong location for me and more crushingly for my ego (and adding to my already purple bruising on it), no invite!

Huge turnaround required here - as one poster is fond of saying - cant sell tests in a pandemic - sums it up really. Twather post very succinct.

Going to mull this over and build some rules - I already only trade shares I am happy to hold anyhow, and try and review management skills as well as the fundamentals but will further build on this - potential can only be achieved with professional experience. I am so annoyed at myself - follow your gut and i didnt resulting in a much larger loss- i have another share where that is relevant so November may be a very red month for me. I have started listening to Twin petes podcast - and in that they had a guest who tries to limit risk to 1% of PF - i think I am going to do the same from here on out.

For all other last year buyers and reluctant holders, sincerely hope I am wrong and good luck, but, do you feel you have more chance from here doubling your money in ODX, or do you think there may be better options elsewhere? I think elsewhere. First time I have posted a sell I think - usually dont but a fairly cathartic post for me, this.

All the Best
Nelson the Dog

Grezzz, very true, but Elon may have a different strategy and may approach JLP if he is interested.
Elon knows the geographys that JLP work in, will be aware of the company as a result of his work in trying to find green battery elements and is cashing in Tesla stock. If he was interested he would also know that the metals held already in our tailings is not in any way reflected in the current share price thereby giving a NAV support to a higher bid, giving Musk the IP and operations for free.
What is to stop the Musk family office taking a controlling interest in a green element supplier thereby exerting some control on an area of Tesla for which they currently have much less control than the rest of their business model.

I hope not, but could very easily occur - and not just from Elon imho. There is huge enormous unrealised value in JLP; the IP of the processes - this alone could be licensed to large miners with a very short payback period, the capital investment in facilities, the staff knowledge and experience and of course the NAV of the metals in the tailings already owned.
Every day that our share price does not rise to reflect this value, puts us more at risk of being attacked - nevedr mind other miners and Elon, the sum of parts exposes us to hedgefunds and asset strippers at anything under 35p i reckon.

I worked for a number of years in a company with UK central government contracts and I know how awful they are to deal with - however, I didnt have a media worthy story that links directly into what the current government is most afraid of - corruption. I really feel this is the story that could down this government as it will encapsulate how current government is not pro-British but rather puts itself first ahead of Britain. The fact it isnt us alone missing out but the whole sector of UK companies just adds weight to the story stinking to high heaven.

If i was DAM i would certainly think about it, but we are not well placed strategicall in the UK given a lot of the markets will be in EU / US - I would not pay over odds for a factory in the wrong geographic location with a load of overpaid directors who probably have golden parachute clauses.

I am not surprised at the share price this morning - agree pretty much with Skeletors assessment. Given that the RNS states there can be no reliance on the government I want to see some aggressive PR from Colin.

For Colin, why isn't he inviting the press to see the production, explaining that in good faith he has taken on staff for work that isnt coming and also accusing the government of nefarious procurement practises. Its the accusation that will get this sorry bunch moving and give the media the sensation they need - this government is not only poor at managing and corrupt, but also weak, and they would bend to avoid a sustained corruption media story i believe.

So in summary, as a UK citizen I am embarrassed at the UK not giving orders to the UK manufacturers, but as an Omega shareholder I am more embarrassed at the way we are just sitting back and letting this play out.

It looks like I will be holding ODX for a number of years or moving out at a significant loss - so what do I feel I would like to see - Sales / commercial experience added urgently! In the absence of assurance from Colin and an explanation of what and whom he relied upon to take on staff with no associated revenue - leading to our current poor result, I dont see how he can continue. My assessment now it is in the open is that we have a good operating group but that sales/commercial experience is way off balance. Colin has had time to address this void and hasn't - as a shareholder I want a sales led CEO to take over I think as that will provide the quickest of a slow group of ponies to take this company forward.

This isnt a knee jerk reaction but in my own commercial experience you cant complain if you dont get the sales and get binned, and you would positively expect it if you incurr production costs with no guarantee of sales.

But rather than getting to be him in the godfather (prior to his characters untimely death) but it’s just my luck to get to be James starring opposite Gabriel cerrones version of Kathy Bates - he isn’t letting us go anywhere - Tils and accustem hobbled like James’s feet in that horrific scene - what was the name of that film again….

Hi JME
Thank you - i have contacted the company on this - however i understand from AAA investors that our leader runs more of a mushroom style shareholder engagement approach...

Or how about Utah -Kennecot Utah Rio tinto copper mine in operation since 1906 and with a recent history of earthslides that in USA will be causing Rio some headaches - 1,500,000,000 tonnes of tailings!

https://riotintokennecott.com/wp-content/uploads/2019/05/Tailings.pdf

Thinking about it Jonah - maybe Edzi doesnt want you to get warmer, but rather more Chilly.

Fair enough Edzi and Jonah - cryptic crossword skills on display!
I would love to join in but I have just enough knowledge to realise I dont have enough knowledge!
Something left-field and positive would be most welcome at present (or maybe even our results - lol). We are in a near 6 month stupor SP wise, so at a minimum it would be great to hear more news on tailings deals, but a Tjate sale would be most exciting as not in the price and would hopefully fund more growth projects elsewhere. Personally I am hoping for a deal with either a country for tailings, or a similar deal from one of the major miners.
GLA
NtD

Talking of the September RNS - would it be too much to give an update without compromising any negotiations that may be taking place.
EG Vela has been in regular communication with SGS in conjunction with other investors in the Arcadia trial. Interest has been taken in AZ16xx and SGS are assessing the resultant merits of a partnering deal and working to launch the product as soon as possible to save lives.

I realise we cant have much update but it would easily propel us nback to the 7/8 range if there was just confirmation that Arcadia isnt a dead duck and there is activity being undertaken. This isnt the request of a naive holder - Valirx have held many comms whereby they alluded to progress on drug deals, Eurasia regularly update based on progress to date and so do many others.
I dont think that is too much to ask - in the absence of such news, we will imho stay low here until either other investments raise sentiment, or SGS deal news leaks prior to announcement of deal.

Edzi
Why dont you just state your hunch? Unless you are an insider all you need to do is say imho and then state it - you wont get in trouble and we could then join in rather than you imagining polishing cannon's on your own (apologies to any ex Roman Catholic Choirboys for whom Polishing Cannons may conjure up bad memories).

I will freely admit that I have not read up on the details of LC and CB remuneration and options. However, is there a possibility that LC and CB are keeping PR low whilst further options are assigned (this isnt a criticism by the by - its rational manager behaviour). Likewise, if that isnt the case, maybe remuneration of our two lead characters and other senior managers needs to have share vestments on share price achievement in order to further align the behaviour of the managers to us the investors.
In my own management career, I believe I can motivate and lead a team on a strategy, but I freely acknowledge that aligning remuneration and reward of people in a business to your key goals is worth a million words! If we want management to focus on SP, we should propose share vestments at key share prices imho.
AtB
NtD

I haven’t really been looking that far ahead to be honest. Given that KR1 is mainly defi projects, I believe the use case for these tools will see explosive growth and for me the most interesting part will be watching existing finance players grapple with how they respond. If regulation fails for them, they will need to take positions in projects - however the coin based market doesn’t allow a system for easy takeovers in the same way as equity markets. So will they partner or try and buy dominance in open market?
Personally I think £10 in 5 years is extremely conservative - think internet boom or any other challenger technology and I think it’s fair to say multiples of 100 are fairly common. So, I reckon we are scupperred by regs (not just ban but regs to allow control capture by establishment) and in 5 years we double, or £100+ per share.
Right back to what happens in next quarter for now though…

Whenever there is conjecture there is always the wisdom of the market requirement to disclose information prior to a presentation. What is the punishment for failing to do so?

I dont have much knowledge of this board but I do feel they are not fans of the Finance industry attached to the regulation process - they often issue RNS's after close for example. I wonder if it would tickle their fancy to announce and be damned, or issue an 8am RNS and announce almost simultaneously - could make for a fairly memorable Monday morning!