Member Info for richmanpoorman

The other 100k carats not of gem quality are still worth a small fortune.

Yes I am wrong of course. 🙄 SP 0.42p not 42p! So 16.8p/ share. I'll take it! What else have I got wrong though?? 🤔😁

£11m market cap. Diamonds worth £400m. SP x 40. We're heading to £17/share. Am I getting this hopelessly wrong?

Average $4k per carat??? $540mn??? WTF!!! Anyone else want to value this?

$375/carat equates to £39.2m.

LR has to go, as I have said before and will say again. What a complete shambles. He couldn't fill his boots during the biggest boot filling opportunity ever and now he's losing £millions, destroying patient and long-suffering shareholders and digging this company's black hole even deeper. How he sleeps at night is a mystery to me. Do the decent thing and resign and do it now Rees.

Time for a new man at the top. LR has completely and utterly failed to add shareholder value and has to be held accountable for what has been an abject failure on his part. The company is being run for the benefit of people other than the shareholders and that is simply wrong. Time for change and a big shake up or we will be put out of our misery and taken private by our largest shareholder for less than 1p a share, or worse, bought out of administration for nowt. Total disaster.

This is nothing other than an unbelievable buying opportunity. For me I'm hoping the SP will drop even further ahead of news - I can then get my retirement pot of ANGS shares topped up to a level I never thought would be possible. Happy days ahead and very, very soon. Grab the opportunity folks, it won't last long at all

Just got instant quote on Halifax to sell 2 million shares. Couldn't get a quote to sell any more than 150k the other day. The MM's are wanting these golden tickets but they're not having mine until gas is flowing, sales are happening and the SP is double what it is today. I'm relaxed and in no rush. Pay day will come soon enough.

SOU now up 50% from where they were a couple of weeks ago. Admittedly they had dropped like a stone but this rise is significant. No doubt being hoisted to support an improved offer. I expect it will be near to or just over 2p. Bring it on...

6x book value and non-dilutive funds to help Amapa get up and running. What's not to like?! ??

Why oh why do people have faith in this shower?

At current mcap it is only c.£300k worth of shares and well worth doing to clear the decks for the sale.
The revenue projections are awesome and gas will remain in tight supply, unlike oil.
Progress on the ground is excellent. Spud in June.
I am looking to top up at open and then wait for the sale at 2p+
Happy days!

That's all noted and reads well for the future, provided that Covid revenue doesn't drop off a cliff, however every RNS which comes out about new business, contract wins, etc, has absolutely no financial details so we are totally blind as to the revenue/profit potential. It is a Chairman's job in any company to hold the BoD accountable for growing a company AND for delivering shareholder value. The former without the latter is a fool's errand. This BoD has spectacularly failed to deliver shareholder value and should therefore be held to account. They may be skilled in all matters scientific but they clearly do not have the requisite experience about how to drive forward YGEN's market cap. I'm sorry to have to say this but it's time for the Chairman to bring in a CEO with the right credentials and who is properly shareholder focused. Failure to do this is bound to result in a very obvious outcome - YGEN will be bought out for a fraction of its true value and we long-suffering shareholders will lose out. I've seen this happen too many times but it's something this BoD is sleep walking us into. Time for change.

With the price of Natural Gas now so high, 70p/therm and to hit 80p/therm Q1 2022, the sooner we are producing the better! In anticipation of that happening within the next 6 or so months, the share price is bound to be well in excess of 1p very soon, and much, much higher when revenue receipts are confirmed. Don't forget what ANGS has said - an extra 1p/therm = +£350k of revenue and the project financials are based on 38p/therm!! Go figure:
"The valuation of the field is highly sensitive to headline gas prices. In our Reserves Report the exchange’s forward curve prices were used resulting in an average gross price of 38 pence per therm. At target peak production rate of 10 million standard cubic feet a day an extra 1 pence/therm is equal to about £350,000 per annum of additional revenue from the gas field, of which 51% goes to Angus. Given Angus’ tax shield there is very little incremental cost associated with this improved revenue – essentially frictional supply discount, shipping and grid entry charges etc. "

Never thought we would see £4 again - great buy in at this level - £100m cash in bank FFS!

KDNC SP starting to wake up to the value of its stake in EMH?

Classic loss making jam tomorrow company which in the meantime piles on debt and dilution. Sure, if the vaccine works then the sky's the limit but when and how crowded will the vaccine market be by then? Current SP is crazy and should be 5p.

Even at a stupidly low P/E of 5, the SP will double from here. Stunning figures and amazing outlook into H1 21. Fill your boots boys and girls.

Oh dear. Can't help but agree Pacman that this is one of those jam tomorrow deals. Again no visibility shown on what it will do for YGEN's earnings in the short term. I am rapidly coming to JAdam's view that shareholder interests in the short term are meaningless to LR. That's probably good for the longer term future but not for me in the here and now. I'm off to ODX, NCYT, SNG and AVCT for big gains short term. Will be back here next month. GLA.