Member Info for nomlungu

'Reads like they want to sell placing shares... If they were so good, why would they want to sell them?'

Conversion at 0.27 and punters still prepared 0.81 earlier, a 200% premium. Crazy

'Pound tumbles to two-year low on fears of a UK recession'

The £ weakness is why I decided to keep decided to keep my GSK shares... and then watched them drop nearly 5% earlier this week.

Madonna NFT porn is latest filthy attention grab

https://nypost.com/2022/05/11/madonna-nft-porn-is-latest-filthy-attention-grab/

this is xxxxed up

Reads like they want to sell placing shares... If they were so good, why would they want to sell them?

I like Pie

By which time the Thames Barrier will have failed and the Palace of Westminster flooded. Before £1 is spent on that old building, they should increase the height of the Thames Barrier.

"HS2 | Engineers warn cancelling Golborne link ‘hobbles the value’ of high-speed rail network"

https://www.newcivilengineer.com/latest/hs2-engineers-warn-cancelling-golborne-link-hobbles-the-value-of-high-speed-rail-network-12-04-2022/

Votes count so xxxx the trains

Independent rail planning consultant William Barter explained that the loss of the Golborne spur would limit the number of trains able to run between London, Birmingham and Scotland. It would also hamper other routes to Scotland, including freight, by clogging up the WCML.

He said: “If this section of the main line is simply being cancelled, it leaves all trains between London and Scotland, and Birmingham and Scotland, being routed onto the WCML at Crewe, and thus travelling north on the conventional WCML. This route involves the very restrictive two-track section from Winsford – Weaver Junction (where the line to Liverpool diverges).

“The HS2 train service specification has two trains per hour from Euston and two trains per hour from Birmingham. If HS2 trains are forced to use this route, I doubt if the second Euston train in the hour could be accommodated, limiting the Euston to Scotland service to hourly, and failing to reap the full HS2 time savings.

ocelot has been ramping this since the share price was more than 2000% higher. Not sure his approach to this share has been sound.

'ocelot

Posts: 17,937

Price: 0.125

Buy

RE: Positive progressToday 16:39
Not sure your approach is sound.

ReplyRecommend (1)Report Post

https://www.lse.co.uk/profiles/ocelot/?page=600

Ascendant have released their May investor presentation:

https://s21.q4cdn.com/765868678/files/doc_presentations/2022/Ascendant-Corporate-Presentation-May-2022.pdf

Highlights I took away:

Cash CAD1.21 - not enough to pay the June payment, but they seem able to raise / borrow, so not a big negative.
First Quartile Producer - 25% cheaper than Neves Corvo
District Scale Exploration Potential - 'We Expect to Resource to Grow as we Continue to Drill' [slide 15]
August 2022 - Updated NI 43-101 Resource for Venda Nova
Q2 2023 construction expected to start [page 26]

During the presentation a question was answered about citrus greening disease (Huanglongbing - HLB) where they said that Harpin was helping reduce fruit drop. They do not call HLB citrus AIDS for nothing, so the Harpin benefit is noteworthy even if the specific market is limited.

Yet another feather in Harpin's cap which should help sustain its sales growth as the PRETEC products are released.

Closing answer about the start to 2022 compared to last year

"Off to a very, very good start in 2022 and excited for full year"

Roll on the interims and news about further product registration.

Royal Mail to establish 50 new drone delivery routes:

https://eandt.theiet.org/content/articles/2022/05/royal-mail-to-establish-50-new-drone-delivery-routes/

"It can carry up to 100kg of mail of all shapes and sizes for two daily return flights between the islands. Letters and parcels are then delivered by the local postie."

So, why not 30 kg and a person of 70 kg as they will have soon done thousands of flights without a crash. After all, the American postal service used to allow the posting of kids and babies.

https://historyofyesterday.com/americans-used-to-send-their-babies-via-the-u-s-postal-service-136de30316bb

I posted this in October last year - are we really going to see the teens?

'The share price keeps sinking - will it get to the stage were they are paying shareholders to buy the shares?

If it drops all the way to the teens I may get tempted to buy more...'

8p is optimistic... I think the trading range is now 10 to 16p and that 16p will be reached when MAFL release more drilling results and confirm receipt of the next $1m from Ascendant. It will take bad news for 8p to be seen again.

No quote for 125k shares a little while ago.

"GOT ALL THE BIG CALLS RIGHT"

You should get a Private Eye subscription

House of Commons talking about passports... I was not aware that the passports are printed in Poland. Would Jack Fried-Rice call this a benefit of taking back control? After all, he is the Minister for Brexit Opportunities... like using an EU country to generate high paid jobs across the Chanel?

https://edition.cnn.com/2020/02/22/uk/brexit-blue-passports-gbr-scli-intl/index.html

Back to the price it was this time last year; a trading update for the year ended 30 April can be expected in the next month. Will the results be positive enough?

But they all look like they are wearing old folks clothes bought from a charity shop?

Bloomberg analysis of Doris and their plan

'Only on a few metrics has the gap narrowed for much of the UK—including life expectancy and the share of people receiving Universal Credit benefits—and in both those cases it’s because the situation in London and the South East has worsened. As a result of Covid-19 the death rate is up and more people are claiming welfare benefits. This is not the kind of levelling up Boris Johnson was looking for.'

https://www.bloomberg.com/graphics/uk-levelling-up/boris-johnson-level-up-plan-in-trouble.html?srnd=premium-europe

Pathetic

The Accounts are as expected, so the forward guidance has been spot on. Good to see receivables and stock managed well.

The Investor Meet presentation will add more light.