focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Not one ex Tesla director but 3!
All with speed dial to Musk!
90 years of experience between them.
With one taking an over 29% stake.
£15 million market cap is the biggest gift this stockmarket will ever give you and even 10 times that will look silly cheap once these gives do their stuff.
Without doubt the biggest news story for any London listed micro cap company I've seen in my over 3 decades in the market. Ultimately this will be integrated into Tesla at some level in the not too distant future.
Those who think they may have missed the rise will soon find out it hasn't even properly started yet!
I suspect news this week for sale of AAC Cyroma and FOMO kicking in any moment.
This is simply ridiculously undervalued!
Market makers bidding strongly this morning for all my shares. Suspect they know what's round the corner and I wont be suprised to see 1p+ here very soon.
Timeline very revealing here from 2nd October saying that no guarantee that sales can be satisfactorily concluded to just over a month later on the 8th November saying that placing utilised as bridging loan until funds from sale lands and AAC Cyroma is most advanced.
2nd October RNS
Discussions are ongoing with third parties interested in acquiring these assets, but at this juncture there can be no certainty that sales can be satisfactorily concluded
30th October RNS
The mature businesses and the intellectual property and plant acquired from Hanwha Aerospace in 2020 continue to be marketed for sale and we have a number of interested parties that we are progressing discussions with. The sale process for AAC Cyroma Limited, a manufacturer of moulded products, is the most advanced. However, the timing of any asset sales and the total quantum of the funds that may be received remains uncertain.
8th November RNS
The net proceeds of the Placing will be used for corporate and working capital purposes, together with providing bridge finance to extend the Company's cash runway ahead of any funds received from asset sales.
As previously announced, the mature businesses and the intellectual property and plant acquired from Hanwha Aerospace in 2020 continue to be marketed for sale and the Company is progressing discussions with a number of interested parties. The sale process for AAC Cyroma Limited, a manufacturer of moulded products, is the most advanced
AAC Cyroma Limited we've been told by the company is at the most advanced stage of being sold in relation to the other assets and we know its revenues for last year were £5 million whixh was 66% more than the previous year. The same improvement again for this year would give revenues of £8.33 million.
I have started building a position in Versarien as I think it's extremely undervalued and we're about to get a very nice suprise with the sale of AAC Cyroma.
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02751122-6A1185267?access_token=83ff96335c2d45a094df02a206a39ff4
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02751123-6A1185269?access_token=83ff96335c2d45a094df02a206a39ff4
I understand that CEO Richard Shearer has been residing in a luxury London hotel for a significant period at shareholders expense!
An absolute digrace!!
Anyone that actually ever believed they had funding at £12 or whatever it was needs their heads examining.
This was always a scam and perhaps the penny has finally now dropped for those who thought otherwise.
Trading halt on ASX just announced due to pending scoping study release news
Something seriously wrong here and looks like gane over.
Ceo been staying in a London hotel for tens of thousands per month including expenses.
You've been robbed in broad daylight by a professional bunch of criminals!
Anyone getting in under 3p will be having an early xmas present here imo.
https://x.com/tozzer121/status/1728812154646876661?s=20
My investments good and bad over the years including TRP has made me carefully question my next investment and to go with a company/resource that is in a very safe, politically friendly, board of directors that not only has a great pedigree but has also successfully and recently taken a company from nil into the hundreds of millions and sold it.
#FME (Future Metals) is exactly that company and in particular their new executive chairman Patrick.
They have a world class resource in Oz which will be in the top five globally.
Imminent news (within 10 days) of their very significant scoping study with a fast track to feasibility will make the market stand up and revalue their market cap and then the board have publicly stated their intention to buy on the open market. Very undervalued and under the radar but not for much longer.
https://twitter.com/_FutureMetals/status/1726472941922328646?t=RGOD2RPxROpoVLXzdFdQQw&s=19
The voltaile situation with EUA over the years has made me carefully question my next investment and to go with a resource that was in a very safe, politically friendly, board of directors that not only has a great pedigree but has also successfully and recently taken a company from nil into the hundreds of millions and sold it.
#FME (Future Metals) is exactly that company and in particular their new executive chairman Patrick.
They have a world class resource in Oz which will be in the top five globally.
Imminent news (within 10 days) of their very significant scoping study with a fast track to feasibility will make the market stand up and revalue their market cap and then the board have publicly stated their intention to buy on the open market. Very undervalued and under the radar but not for much longer.
https://twitter.com/_FutureMetals/status/1726472941922328646?t=RGOD2RPxROpoVLXzdFdQQw&s=19
Have to ask the questions about the management and board of directors here. This has all happened under their very close watch which made me question my next investment and to go with a board of directors that not only has a great pedigree but has also successfully and recently taken a company from nil into the hubdreds of millions and sold it.
#FME (Future Metals) is exactly that company and in particular their new executive chairman Patrick.
They have a world class resource in Oz which will be in the top five globally.
Imminent news (within 10 days) of their very significant scoping study with a fast track to feasibility will make the market stand up and revalue their market cap and then the board have publicly stated their intention to buy on the open market. Very undervalued and under the radar but not for much longer and a nice investment to take away the pain of HZM which hopefully lives to fight another day.
https://twitter.com/_FutureMetals/status/1726472941922328646?t=RGOD2RPxROpoVLXzdFdQQw&s=19
Surely not....the fact that the CEO sold millons of pounds of shares, accidentally forgrot to tell the market and in the meantime was carrying out fundraisers was just an small oversight?
The technical stuff about the recyling facilities posted yesterday by an expert in the industry is probably just made up too.
Nothing to worry about here and may take this opportunity to lower my average.
Just announced
Market regulations so they've to announce but it wont be until after they've had a meeting in the morning so we still a chance to get some cheapies pre RNS.
Company will have to RNS about Glencore's interest in making a deal. I understand they've seen the very significant resource upgrade and have made a move.
Tomorrow will be fascinating!