Member Info for Piemaker

My guesstimate is 5-10m for 2.5t with a 12-18 month lead time.

Cash generated from existing prototype???

Cash generated/recycling revenue ??

If you’re going to licence at 150k a unit per year, how many licences to stand still?

Even adding in sales from prototype £1/£1.15 wholesale/ how much can be sold.

To many questions over the business plan.

Engsolve, is the main upside, if they can sell 1 or 2 actual units, you would expect to see 2-3m in management fees.

They either need to sell some dmg tech or raise more money to continue.

No shares again topped up another £15k, can’t even buy £100 orders

I bought 1.5 million 13/2/25 now at 1.85m average 5.64.

Really don’t care about the Sp.

View this as a hold until 2026, when I would expect a value of 10-15, although top end potential of 25.

For me cash flow is key, production is live, and cash generating. The value will properly rerate after the next financial update. Until then I will continue topping up.

They will just rock up with the 400-500m development, great. When’s Protos live?

This lot need money, and until large scale production has been verified , they are going to need a lot of it.

While the prototype is great, it’s tiny, and of no commercial use, tech works, but how cost effective is it when scaled up.

Great find

Couldn’t agree more have all at 12.

1 kiln running from 8 or 1/8 capacity.

Each Kiln produces 80-100kg of quicklime a day - 232 days of potential production, generates £2.3m - £2.9m @ current bulk price of £125/mT, Zambian supply/year.

From the releases, I get the impression the kiln has run multiple times in 2024, and potentially solidly since December.

They are targeting 20-23m, from this asset in 2026, based on capacity/production, on a 5 day week. Slide that to 352 days production including maintenance/down time, this looks a solid asset.

Dyor

Zambia is why I have picked up 250k of these, pure white gold.

Few more

There are none to buy at the moment, picked up 7.5k struggling to buy more.

I did, Quicklime production is as major milestone, especially where it is located geographically.

Will be topping up monthly with a current cap of 25 (Yes 25 not 2.5). As long as the other kilns come online across 2025, this becomes a total cash cow.

Local jobs market, factory has been steadily increasing labour supply, running 2/3 a day.

Contacts are short term testers, they need more capacity, as the opportunity evidently exists.

Then calculated through put, based on prospectus figures. So they are either a) very unproductive or b) off the charts busy.

My guess is the latter, hence the perspective.

But DYOR

Thought the fund raise was expansion, they are struggling to cope with demand.

You would want more than £300k for Recyclus, the order book is off the charts.

That RNS is funny, immediate effect, but still had to issue an RNS.

The Recylus IPO looks interesting, appears these guys have a chunk of change in it.

Can choose one or the other Recyclus IPO, or TM1.

Thinking TM1 will see a quicker return, but Recyclus are going to be huge.

Any thoughts?

GST is a PLC they can identify a broker, but once HoT’s are signed they have to issue an RNS.

And again until this point it’s potential (as it hasn’t happened yet).

You missed the important part:

That TGC shall identify a suitable US-based corporate finance adviser and broker for the purpose of the Potential Listing and send a copy of its proposed engagement letter for GST's review before it is signed.

A Broker hasn’t been appointed, otherwise there would be an RNS.

https://www.gstechnologies.co.uk/post/update-on-semnet-pte-ltd

Straight from the horses mouth.

To many fantasists looking for a quick buck.

This share will earn investors money, based on fundamentals, strategy, timing and patience.

All this excitement over Semnet.

They haven’t appointed a broker yet, once terms are signed, then you usually have 6-8 weeks before listing.

The IPO will be publicised for 2 weeks during the roadshow/discounted investor stage.

If it’s quick they should announce a broker in 3-6 months (1-2 years audited accounts are checked).

So Summer listing, if it happens.

Next milestone Broker appointment, until then it’s potential.

Going in the right direction