Member Info for Numptypi

Undeniably they fiddled while Rome burned, There are uncomfortable questions that need answering

Large investors are somewhat harder to ignore than we are. A very courteous email from me to Lr remains unanswered, the 91% drop remains unchanged and my frustration continues to grow.
We have the financing to drill it, to prove it and then sell it, what has been missing is leadership to see it through, and possibly even keeping us informed along the way ...perhaps we have turned a corner on our road to recovery.
The phrase that it’s always darkest just before dawn springs to mind...
Numpty

S7eve083, I have waited patiently, since we all need to vent our frustrations occasionally, but now I need to speak.
You say that fleet issues have been a slap in the face, I agree and there’s no argument from me.
you say the dilution and the pricing level was another slap for investors, again no arguments there either.
None of us are happy that the company (our company) is having to navigate a bumpy road but there’s light at the end of the tunnel and in my opinion it’s a very bright light, and the end of the tunnel approaches.
We have all invested hard earned cash, and are all in the same boat, my beef is that you constantly dig holes in the bottom of the boat that we are all in... are you trying to sink the boat, that’s not helping.
Feel free to attack me, but please re read what you have posted first., it’s just feeding ET and we all understand his game. I am simply asking for some balance.

Numpty

If anybody is interested, topping out ceremonies allegedly began in Scandinavia when the villagers get together to lift on the heavy uppermost roof beam of a new house, with a little party afterwards to celebrate the event.

Sgreen , your new venture sounds like a great idea, and my wife would be an excellent candidate for your first employee, every time we drive past pretty girls she always seems to know precisely where I’m looking!

There’s also Egypt rail getting a portion of 1100 locomotives modernised plus some new but its similar to Canadian Pacific in that the link to us is somewhat tenuous...but not necessarily untrue!
https://www.progressrail.com/en/Company/newsandevents/corporatepressreleases/progressrailandegyptiannationalrailwaystoexplorelatesttechnologi.html
Numpty

Apologies for missing the linking https://www.progressrail.com/en/Company/newsandevents/corporatepressreleases/progressrailshowcasesdigitaltransformationthroughvirtualexperien.html

Numpty

September 2018
Additional innovations available on display include the company’s PR Uptime Suite, an advanced predictive analytics platform to transform data into actionable results; signaling solutions for the international market from ECM S.p.A., our recent acquisition; Fatigue and Distraction Monitoring to achieve increased railway safety; and Guardian End-of-Train technology to transmit real-time data from the locomotive cab to the last rail car.
Guardian end of train technology mentioned with distraction monitoring...anyone care to expand
Numpty

Don’t recall this being posted before, Dated 2018
https://www.progressrail.com/en/Company/newsandevents/corporatepressreleases/progressrailbuildsuponglobalagreementwithseeingmachines.html

Numpty

More recent optalert presentation still pushing the glasses in mining scenarios but camera based in auto. I was following the mention of catapillar and got sidetracked!
https://www.optalert.com/industries/mining-transport/

I appreciate that they are only at the research stage but I cannot imagine that many would be keen to wear the glasses unless it’s aimed purely at the military.
https://www.researchgate.net/publication/23985704_A_drowsiness_detection_system_for_pilots_Optalert

Same story but with some extra background.
https://aerospacedefence.electronicspecifier.com/around-the-industry/artificial-intelligence-to-monitor-pilot-drowsiness

Numpty

http://www.newelectronics.co.uk/electronics-news/artificial-intelligence-to-monitor-pilot-drowsiness/213253/
It doesn’t sound like they are hot on our heels, -yet, but great news that the EU is interested.

Numpty

Agreed, there needs to be new leadership, and this time, someone who has only one job. Whilst the sp tumbled and our calls for a steadying update of anything went unheeded, all I could think was “Nero fiddled whilst Rome burns “ the existing shareholders have been treated appallingly badly and we are the owners. That’s not good enough.

this could very well be the turning point we needed. Spent wisely this might very well start to unlock the true value of the asset. Hopefully there will be more details to follow regarding how it’s going to be used

Have raised £960,000 new shares 53% of enlarged issued share capital. At 0.015p ie 23%discount. That’s a lot of new shares!
Colin and miles as directors have participated

ET, May I just say how much I enjoyed the Irony of you telling a man who chose the pseudonym of numpty investor, to be more humble, I have been unable to stop smiling ever since you posted! I will certainly consider your views (albeit briefly) and I thank you for showing me the error of my ways....

Numpty

ET you ask if Jungo can compete with seye and see, that’s easy to answer, yes in a nutshell, lots can compete with seye but no one can compete with see because our technology is superior.

Anyone trying to understand the potential of our aviation division... from Financial Times
Airbus produces the a320 at a rate of 60 per month, this will rise to 63 per month in 2021in order to help clear the current 3.5 year backlog of 5692 aircraft. Boeing produces 52 737’s per month with a backlog of 4659 for just one variant. ( 737 variety may change to former design due recent crash). This explains why the world needs circa 750,000 additional pilots in the next 20 years. A flourishing business to be breaking into.

Numpty

Alternatively, what Lewbo said