Member Info for nomlungu

I missed the Broker Warrants - there are 19 million at 0.25p. If they are all exercised the grand sum raised is £47500. Add that to the £1467k figure from earlier the new approximate cash total is £1514500. At £149 per month you get 10.16 months. Do you feel reassured now that by your own revisions VAL's cash runway extends into the first week of May (if the warrants are exercised)?

As I posted earlier, it is likely that the company will soon need funds. And, anyone contemplating deals with them will do the same basic due diligence so they will want to have a buffer of funds to retain credibility.

From the link: 'Each share comes with a (6:57) 0.5 pence and my objective is to get the share price to the point where these warrants will be (7:01) exercised but even without that the runway extends into the second half of 2026 when we expect to (7:07) receive annual R&D tax credits.'

Tax credits expected in 2nd half of 2026 - they have not been missed. And - why would the brokers exercise warrants that are not in the money?

Try again if you can...

From the link:

'We had our operational restructure (2:51) which achieved savings of over £200,000 per year on top of additional savings made at the (2:56) end of 2024.

This is key to our lean business model and with the various redundancies these (3:02) savings only kicked in in the second half of 2025 so we'll really see the benefits as we look to (3:08) maximise our runway through 2026.'

The interims showed cash of £519k at 30 June. They received £138k tax credit after the reporting date. They raised £902k gross in November - this will be around £810k after the 10% they have paid for fundraising in the past. Cash resources total £1467k.

The interims show: Net cash outflow from operating activities (993,570); this should have reduced by £100k [1/2 of the annualised £200k saving that kick in during the 2nd half of the year]. Monthly running costs are now around 893750/6 = £149k per month. So available cash is 10 months on figures in the public domain. 10 months are up in April. The company seems to need a new source of funds soon... maybe some grants come in or some deal with cash upfront is signed, otherwise a fundraise seems on the cards.

Will Team Ramp either pick holes in the calculations above or call for ME to resign if there is a cash call before July?

Two Bit da Vinci [good engineering YouTuber]: I Just Saw A Modular Thorium Nuclear Reactor

https://www.youtube.com/watch?v=47GDExd5wz0

IF {BIG IF} their plans work out, then this is a complete disruption to the energy/heat market. A story to be aware of...

https://copenhagenatomics.com/

Does that mean Team Ramp does not want people to post cash flow forecasts showing that the company will run out of cash in April if they continue spending at historic rates? Surely, posts warning of the potential cash catastrophe will prompt management to update the market with an RNS that silences the dissenters and stops that slow bleed in share price?

There is an easier way for Team Ramp to prop up the share price than trying to silence voices with a message they find distasteful: back your conviction and buy more shares. In a thinly traded penny share, sustained buying forces the price up rapidly...

Ed Zitron: Hater Season: Cal Newport on AI Reporting | Better Offline

https://www.youtube.com/watch?v=85uXDLzuvdk

He is one of the better anti-hype AI journalists... good perspective.

Implied probability of 299%... punter lose 2 out of every 3 £ they invest in that market. With VAL's 1 year chart showing 'only' a 50% loss it makes sense that these odds appeal to some:

https://www.google.com/finance/quote/VAL:LON?window=1Y

Buy one lose two thirds... Is this a sign that the next placing will be at a a little over nominal value of 0.1p [before the next consolidation]?

Https://www.thedailybeast.com/trump-79-secretly-asking-aides-why-he-cant-destroy-deal-he-negotiated/

'President Donald Trump has privately asked aides why he shouldn’t withdraw from the USMCA trade pact he negotiated, as the agreement faces a review this summer.'

That would blow a hole in the side of the American economies so large they would all sink...

I use this:

https://www.londonstockexchange.com/news?tab=news-explorer&period=daily&headlinestypes=1,2

It shows pre-market prices from about 07h50 so you get a clue on the big risers and fallers... and you can make a judgement if you think some news is being overlooked.

The chart is pretty informative... despite the best efforts of the cheerleaders.

Eric Topol also wrote about the link recently

https://erictopol.substack.com/p/spotlight-on-the-shingles-vaccineagain

From the article: 'If this vaccine was a drug and reduced Alzheimer’s by 20%, it would be considered a major breakthrough for helping to prevent the disease!'

From the FT article below about the Shingles vaccines reducing dementia onset: 'The UK recently announced plans to lower the age of eligibility for Shingrix to 60; the UK Health Security Agency said vaccine advisers do weigh up off-target benefits and had noted the link.'

https://www.ft.com/content/52117152-1fa0-4fa3-8309-050c8815e0b4

Unfortunately, I could not use the Archive workaround so the link probably will not open... but this Nature article is open access:

https://www.nature.com/articles/s41591-024-03201-5

BEM - 20 years with no progress; management must have been paid multiples of the current m/cap. Well done them...

A bridge over troubled waters? The 🍊 🦧 version: Raging Trump demands US own half of new Canadian bridge: 'I will not allow this!'

https://www.rawstory.com/trump-2675239753/

America has a tungsten problem

https://www.noleary.com/blog/posts/1

The discussion about the article on Hacker News gives an indication about how complex the problem is

https://news.ycombinator.com/item?id=46951057

This will be music to some ears: America has a tungsten problem

https://www.noleary.com/blog/posts/1

The fusion speculation is interesting

'Why dont you like that paul,combat vet nom' - I do; you misunderstood my comment / I phrased it badly. I have a lot of time for guys like him who have 'been there and done that' - they bring real world experience of life under fire.

Follow the money? "Colossal wager predicts Trump will bomb Iran by end of day — triggering insider fears"

https://www.rawstory.com/iran-2675236006/

Combat Veteran News - another front line visitor: I Returned To Ukraine to Document The "Killzone"!

https://www.youtube.com/watch?v=zA4lSL2MGzU

He is taller than I thought... And the world is a better place with people like him in it.

ChatGPT / Gemini / Perplexity... I saw a post asking about the expected newsflow at EST. I asked ChatGPT then copied the answer into Gemini and asked it to check and correct and then put the answer into Perplexity and then back into ChatGPT asking for check and correct each time. I got a pretty comprehensive answer... something that would have taken hours to do manually. Worth a look to see what the new free tools available to punters like us are capable of:

https://chatgpt.com/s/t_6988ac2ec8288191ba3b648fbd3087d7