Member Info for PIface

yes Oz I'm not in for big money was at 48p so averaged down to 30p I think, said 25p the other day but wasn't quite. It's a definite option to people here. The company is touting possible 600million barrels on estimate/potential via its RNS. I'm no expert in this field but I think this may have a good ending so am holding. Even a buy would be tempting down here.

Hi nomlongu.

I'm not a scientist but an economist and lawyer (alumni Leeds/York unis) and broadly know the company works inter alia with pig tissue that has had the DNA removed so it can be used as a scaffold in surgery etc. I realise a tr-1 was the flag many pis were looking for, but that has no bearing for me on the product proposition but it's good there is a potential pipeline of news. When I was in this earlier I thought this "recapitalise" thing was much overplayed by derampers the loan facility is still there if I recall and was easily repaid. With such a great product of lifechanging impact based in Leeds & USA, entering Germany I thought there would be considerable will to make sure it had funding for it's rapid growth and varied markets. Whether Trump is impeached or re-elected I hadn't really factored in no but you could enlighten me why you feel that is of importance. I know there is talk of trade deals etc. following possible Brexit too but you get to so many connotations perhaps that it is not worth speculating what cannot be controlled. It is not a commoditised product. The balance sheet gives you a good backstop here and mcap seems to be below npv so the downside is not huge for me I'm here for the upside potential mainly and can take any hit. If it gets to 1.7p again and I'm wondering if it can sustain then maybe I look deeper again but I find the best incentive to keep looking is to be involved. Thanks

Yeah not cross ramping just explaining why maybe we have a few sells at mo

Think some money might be heading there after their video. They are awaiting an RNS but I reckon it's 50/50 whether it's more results or a placing so I dipped in and out and recouped some losses. I3E also got an interview out. All about interviews isn't it.

Just traded on it because worried placing will come before more results. Might regret it.

I've traded this twice recently and decided to get back in. Some reasons:

1) It's a good price compared to recent peak
2) It may be near the bottom but has plenty of watchers now
3) 2020 is a big year (especially early part) and once we are in December that feels a lot closer
4) It's actually close to a profit and growing rapidly with new markets opening up
5) Strong balance sheet easily supports mcap or price of over 2p per share
6) In good sector and innovative
7) Reported 60% profit margin on sales
8) Cash position looks better than XSG which would be an alternative

It's not without risk but I know 2020 will be a crunch year and it's better to fail quickly if you are going to than wait years. I could probably do deeper research but at the level of investment I am happy this is a decent bet.

Love these tension breaking posts I would definitely imagine it would be a fun party. So it seems like more RNS then an interview is due (the same recipe that got us to 4p last Friday). We are saved from most of the derampers for a while. On the plus side it's all been a thought experiment for if there was some actual negative news or we have to wait, rather than just a bit of media mishandling. So Zak steadied the ship after his error in announcing interviews, unnecessarily, before they were cleared for launch. And now all warrants are cleared too with negligible dilution and a bonus boost to the coffers. No more interviews after the possible new one please, if so we need official RNS not some random tweet advertising it. At least it could be on the company website first when rock solid. That is all. Still to me looks like the best share on AIM right now, but like all AIM shares nothing is certain and we've had a timely reminder and managed to hang on to most of our shares. Not been in this game long but I am getting more convinced about the fact that when something is going to be big, there will be turbulence first and impatience will get you nowhere, unless you have already 10 bagged like some at which point you have the nicest dilemma. When another 10 bag could be on the way though the term "derisking" is not really the right one. Your risk of missing out is not just as great as your gain, in fact it is 9 times larger in that case. Them's the choices and they are all yours. gla

People as sure as pokerchips do nothing for the credibility of a board speaking opinion as though it is fact. So maybe the company won't quantify the Bloomberg deal but then they are going to look fishy when they place and that is what often counts. They are a public company they have to be transparent and it will arrive on the balance sheet or interim results one day and if it doesn't amount to much investor confidence will be lost and perhaps for a long time. Announcing a big vague deal and putting "six figures" on another then doing a placing when they are yet to make a profit. No siree not going to convince many people even if it is based on some commercial reasons e.g. ongoing negotiations with others. Some people will see a strong rise starting and take a chance buying so as not to miss the boat, they will then ask the questions and start the research to see if the legs will stay, maybe even point out the positives or be a bit bullish about it. People with time to trade in the day anyway, often successful people of independent means and big nous. If they don't get the right answers they will move on quickly. It's not impatience it's just sensible. They will probably leave it on the watchlist, on the radar, so that if the info they wanted does eventually arrive they will be quicker to move the next time than those who know nothing of the company. But they aren't going to hold blind as interest will wane and the spread widen or when the news breaks and it's not good they will be left with regret. GLA hope the company manages to make a profit in 2020 and be a GB success story the positives are plenty. I just know I invested in VRE when it signed up with facebook and no one was able to quantify that and it just sat there like paint drying for a month.

it's maybe a reminder that as well as palladium the company has baskets with rhodium, platinum, gold, copper, nickel, base metals etc I believe which do add a decent amount of value. I've not fact checked that so might be odd metal I've missed or added

Hi Jippy. It's 0.6p for the warrants so not quite as good. In this case they were mainly employees who will have been given them as a perk. Also for retail investors who are the real investors putting first money into a company they get a warrant with their shares usually. So if the company grows they get a second bite of the cherry. PIs don't really benefit the company directly but it's all a food chain and without pis to buy shares no one would probably by retail in an aim share. Happily they also tend to give the company some cash when it is growing when it is often needed. Growing too quick can be the death of a company. It's a fairly good system if you aren't too cynical.

What biased nonsense. Warrants are there for employees for motivation and a carrot for retail investors. Saying theyvare going into production strengthens hand and means less work and risk for buyer with quicker roi! Jeez louise

Doubt it will drop with warrants only a small volume for employees etc. Probably wont be able to tell if sold from volumes. Employees will have an interesting decision as they are getting them cheap. Shame in a way as would be strong indicator perhaps. Then again plenty of sxx employees i know have shares at 7 x sxx mcap still

Sams ok hes at rbw pleased he got out of eua. Reckon he might be back tomorrow. To be fair hes played a bit of a blinder if gets back in a penny cheaper, but it would be complete luck as no one saw that monday rns and the 5 minute price crash. Rob never seen him and dimsum3 on the same board nor rob since dimsum arrived. Nor seen someone with dimsums style since the days of robj. Imho dyor

I think the day of the placing when it was blue all day huge volume and then price stayed about same annoyed a lot of people. If it goes ahead happy days those shares wont be sold on the cheap! Then there is the ones at 40p. He looked a bit jaded the ceo maybe like a guy who been getting a few calls from the fca. I have resolved to see this one to the end. If a duster is announced i fully expect the share price will 10 bag. Thats the disconnect again.

hate it when you start to see this chart nonsense on a board for a stock at this stage where it will almost entirely be event dependent.

I've just topped up bring my average down to 25p! Stand a chance form there I think.

I emailed the company yesterday to ask them to quantify revenues from this signed deal. Nothing yet. I think that is what would be needed to move this further. "Significant" is too broad. I thought it was going to get to 20p yesterday so traded in hope it would be qunatified. In the end broke even plus £20

Think that's the issue you release 1/13 of results then have an investor event. Not good timing and looks a bit suspicious. I traded this did ok but it was INSP experiences made me not be in overnight. I keep it on watch.

Anybody able to say what actually happened I've gone back a few pages but no finds. I'm getting really annoyed lately with how many times I have to read whether you can get shares on Halifax or not!! But I like rampers more than derampers of course because all small honest PIs have to be bullish overall.

I did read the RNS again and notice "estimates" in the body became "potential" instead in the conclusion.

Thanks for the previous response that was helpful. Even BBN said he knew nothing once. TBH I'm more focused on the mining/tech/pharma sectors so may not go into oil again but if you want to keep some PIs interested in this sector maybe less sarcastic responses would be more encouraging so it doesn't look like a sector for grumpy old dinosaurs and their highly compressed remains.

Surely the company can't estimate 600mil barrels and get an RNS past the nomad without a degree of confidence?