Member Info for optimist13

Good luck trying to buy after the news yesterday. Can't buy at the moment.

Staff Vacancies

Gyrometric Systems have a vacancy for a sales engineer/solution engineer.

Competitive offer for the right individual.

The successful candidate will have a degree in electrical, control or mechanical engineering, and will have had some years experience in the field.

European languages, especially German would be an advantage, but not essential.

An ability to rapidly understand complex systems is essential, together with effective communication skills.

In the first instance please send your CV with a covering email to info@gyrometric.systems

https://gyrometric.systems/sales-engineer-solution-engineer-vacancy/

Excellent news. It is all coming together nicely. Contract news will follow I feel sure.

Geocurve Ltd
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@Geocurve_Ltd
12m12 minutes ago
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Another river, another client, same #Pegasus and same #survey team. This is #innovation and #technology leading the way for #flooddefence #surveying and #modelling

A few investors getting excited about the free flowing oil coming out of the Horsehill site at the moment. When commercial rates are confirmed I can see our liquid investment in UKOG increasing in value quite a bit.

https://twitter.com/search?f=tweets&vertical=default&q=%23HORSEHILL&src=tyah

Weald oilers
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@WealdOilers
6m6 minutes ago
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#UKOG
What a great day it is going to be at #HorseHill
Flare is working flat out, no pump on the well so free flowing.

Hi Kenny, I have seen those links, but thanks anyway. I am looking for financial information to ascertain the Comarco Group revenues, but can't find anything at all.

Given the various strands to the Comarco businesses, it must be quite a size, especially if the employee numbers have increased from the 450 figure back in 2015.

We will find out soon enough as I am sure the Prospectus will have to include revenue figures given that we are providing a loan.

Still anticipating that this is a precursor to an RTO.

Still can't find any financial information on the Comarco Group, but it appears to be run by the Phillips family. Peter Phillips is the executive chairman and founder of the Group and his son (I believe) Simon Phillips is the managing director.

The company was founded in 1971 and in 2015, had 450 employees.

This could turn out to be an RTO to give Comarco a full main market listing.

Old publication, but good background on the Comarco group and its formation:

https://issuu.com/explorationworld/docs/comarco_group_-_brochure

Won't let me provide the link. Never mind, plenty of articles out there on the increasing demand for the raw materials Sunshine Minerals have in abundance.

****************** insert - **********.co.uk.

Looks like the investment in Sunshine Minerals was well timed:

**************************************/articles/the-minerals-behind-battery-electric-vehicles-91e6193/

"Demand for lithium, cobalt, copper and nickel is rising as automakers accelerate manufacturing of battery electric vehicles (BEVs), according to a report by Moody’s."

risk, various options available. They could easily assign the loan to UKOG and take shares in exchange.

Gunsynd are also owed £190k from Horse Hill for the accumulated loan and interest to HHDL. Now that Gunsynd have sold their HHDL shares to UKOG, I am sure they will want repayment either in the form of cash or shares:

Terms and conditions of transactions with related parties

Outstanding balances that relate to trading balances are unsecured, interest free and settlement occurs in cash. There have been no guarantees provided or received for any related party receivables or payables. The Company only has the outstanding amounts due from HHDL as at 31 July 2018. The loan outstanding is included within trade and other receivables, Note 12. The loan to HHDL has been made in accordance with the terms of the investment agreement whereby it accrues interest daily at the Bank of England base rate and is repayable out of future cashflows.

I should add that our current NAV attributes virtually zero for Oyster Oil and Gas as they are a listed company. I firmly believe there is value in the licences and one way or another there will be significant upside from the current valuation.

And of course, if/should/when Fastbase list, there could be a tidy fee coming our way.

Given the news today on Horse Hill and the liquidity in the UKOG shares, Gunsynd are now in a position, if they so wish, to sell their holding at a decent profit.

Opinions seems very divided on the UKOG valuation, but the news today should definitely put a floor under their share price. Hamish may decide to sell part of the holding if there is a better short term opportunity out there.

With cash of £337k, and the opportunity to sell liquid assets, then we could be looking at potential investments of up to £1m. Not bad for a company that is only valued at £1.5m but has net assets of £2.4m.

Sounds like excellent news to me.

For those who haven't seen the twitter message:

Gyrometric Systems
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@GyrometricS
Oct 1
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Gyrometric next generation digital shaft monitoring made a buzz at Wind Energy Hamburg. Many strong enquiries from all over the world.

2 replies 12 retweets 24 likes

Lotto - Trevor Brown stated that he would rather under promise and over deliver and that to my mind is precisely what he is doing currently.

The Wind Summit in Hamburgh looks like it has been very successful for Gyrometrics, but the company did not go overboard with any announcement, save for the Twitter message.

As I see it, the potential for Gyrometrics to ramp up revenues considerably are huge as I can't see the production costs of the units being that high and the fitting in all probability will be outsourced or fitted by the turbine manufacturers themselves.

Geocurve are going from strength to strength and it is only a matter of time before further positive news is delivered, either in the form of increased revenues or additional contracts.

A quick look at the portfolio and the positive steps that are taking place with the majority of the investee companies gives a very clear reason why the Donald Strang has been buying shares.

With a mkt cap of £1.5m, the share price is way out of kilter considering the progress at Horse Hill, Sunshine Minerals, United Oil and Gas and Human Brands.

Stretchum, the cash element of the deal is small - $50k, and the true value of the deal will not be known until the product is launched and there is some liquidity in the Sears share price. Once this happens, then Gunsynd or Human Brands will probably release an update.

The fact that Copa Imperial is launching and has been sold off is proof that the Human Brands route to market, as outlined in their presentation, is working.