Member Info for Pacman121

Yep that was a bit unclear. Meant to say all the north shore companies are doing well on the back of this news today, ENQ, SQZ, HBR, JOG absolutely flying.

Priced in. Its the maintenance of first year capital spending investment allowances and decarbonisation allowances that are driving the rerate. Enquest has over £2billion to offset which means it'll continue to be a cash cow! This will perk up now. All the north shore stocks are on the back of this.

Fully loaded. Slam dunk buy now (save for Ed Milliband going even more mental)

It is Tricky. Trump wants to be famous for ending the war in a day, west will likely continue to support meaning it wont end but Russian advances likely to be less thwarted. I think everyone wants it to end but will find it hard to agree on terms. Personally I dont trust any of them and FXPO wont be a priority for them. I think FXPO will be part of the rebuild - lets hope it doesnt get a windfall tax like our north shore oil! Stresses on FXPO financials have been quite tough last couple of quarters with sometimes only 1 of the 4 pellitizers being in use. It's had a nice 50% run in the last 2 weeks adding over 100m to the market cap but the elections are very close and even with a trump win I dont see how that does much for FXPO in the short term. That said if it does and the dividends are restored then this becomes very cheap. Is the 130m legal case still pending? Money was set aside for this but I thought I read somewhere this was no longer an issue? Am I right on that one or is it still sleeping?

Https://www.offshore-energy.biz/uk-likely-to-unlock-10-billion-worth-of-north-sea-oil-gas-with-encouraging-fiscal-regime-woodmac-finds/

Labours plan to generate wealth isn't going well. Steal from the poor and give to the rich, and destroy critical energy infrastructure during times of war. Absolutely swell. Hope someone buys him another nice outfit today.

RNS was quite bullish overall. Just keeping fingers crossed for thay transformational RNS and positioned accordingly.

Agreed. Post budget opportunities will be clearer. Last

Yesterday?

https://www.bloomberg.com/news/articles/2024-07-24/china-tells-ukraine-time-not-yet-ripe-for-peace-talks-to-end-war?embedded-checkout=true

Lot of speculation China was going to help but are they and what will they come up with and when?

Nice to see volume picking up a bit today.

Another 5 hospitals took up generating orders for another £100k, this is on top of the £200k reported in the financials. So £300k. Cash burn is £400k per month, Market Cap already at £15m. Both products still need to be fully commercialised. Challenge is whether they can get that done in the next few months. Placing have bought them about 6 months with FDA costs as a best guess. Popular stock tho and lots of hype and pumping. I think it will go on open assuming theres anyone left who hasn't bought already. ML still havent declared a sub 3% holding via a so be good to know if they are holding. Still had circa 50 million shares to clear at the end of June according to their TR1.

£200k according to last financials.

Not approved Laura, 'Recognised'. Before Cheek came on board Budd advised back in 2021 that FDA takes approximately 24 months from identification to testing, to commercialising and then marketing and sales. It's a big expense and lengthy process and what some of the recent £6m fundraising has been earmarked for. Think someone here posted late 2025 for FDA approval. Health care is private in US and so the FDA have to be very thorough. It is a step in the right direction tho.

Arch, sounds like you've done your research and you're really well informed. Clarifying bullish revenues and profits, if there are any, would attract new investors. If this is all I can expect from this board I'll leave you too it. Gap filled. All the best for your trade on the 50ma.

Did someone say max revenue was £8m pa if taken up fully? The historical problem with GDR is cash burn and need for fund raises like the one theyve just had. Think it's around £400k a month? Is that right? If so are GRR actually going to be able to finally turn a profit? Tests are amazing but against their cash burn the profits don't look that strong. Anyone done the numbers more thoroughly? Share price does spike a lot but with the recent dilution will it spike as high and will it hold, it never has done in the past. All depends on actual profits I guess. Not invested but was thinking about it.

Just reread you message, which bits did I imagine, I would love to give you the facts if you'd like them...

Just gutted I didn't add this morning, got the quotes, and those are the reasons why I didn't. I appreciate most are in a hole here and I think I've been positive as fook for the past year if not longer. But I get your point, mention the risks outlined in the RNS and you're not invested! Look at the chart post the last positive update. Got to around 56p then trailed back to 44p. A couple of opportunities missed while I've been tied up here.

Wasn't ML's buying strategy due for a change after 30th June?

Also Alex if this was just a Q2 update then you'd prob be right, but this has been combined with H2 which makes it sound positive (which it is to some degree).

I expected it to open a few pennies up and then mess about, but it opened flat and retraced, prob those selling on news who got in at mid 40's. I think when you know too much about a company it hinders your ability to get the trade right. I expect a lot buying in today are looking at the production increases without realising they haven't generated extra profit due to increased costs. We are also aware of the risks, Ukraine has lost half its power and Russia is targeting again for winter. If energy wasn't so expensive, there wasn't a legal issue, iron ore price wasn't dropping, and shipping costs weren't so high then I would of expected to open around 80p. Honestly can't judge it from here.