Member Info for roger65

Agree b-c-n

Personally hoping for an offer of about double the current mcap to give everything at Sonora up. About £60m

Is that wildly out of reach?

Same as the end of last week. Sells far outweighing the buys but the sp kept going up. Probably to fill a large order.

Now sells are continuing but there is a break in the buying. Pure conjecture but...perhaps a pharma is loading up and is just having a break in purchasing in order to let the sp drop back a little. Could be that the buying will get underway again in a day or two before any news is due. I'm of course hinting at a possible buyout on the way. Hoping.

Are people here expecting or working on the basis of KDNC receiving a % of whatever it is Ganfeng might be able to negotiate for walking away from Sonora and giving up their concessions?

My guess is the Mex Govt are not going to find it easy to fob Ganfeng off and will need to pay at least a fair price for what they want. Assuming Ganfeng play fair would they then simply pay out KDNC's % from what ever they receive? As people can see, I'm still not clear on exactly what investors here are hoping for or expecting.

Yeah does look as if the cost is closer to £350 than £100. Which actually means 400 panels sold at let's say just £300 each is roughly £120k of income. Given the income for the 6 months up to June 2022 was only £178k I'd say this installation hopefully goes a long way to pushing income levels higher for the second half of 2022 and first half of 2023. I am trying to look on the bright side.

Nice to imagine FeverTree snapping it up for say £25m.... pocket change for them. No brainer surely?

EISB mcap £8m with 338m shares

Fever Tree mcap £1.2b. 117m shares.

Biggest fear is TP have decided to run EISB sp and mcap into the ground to the point where Burt can't raise any further cash and they take it for peanuts. Share holders left with the prospect of the company going into administration or accept a lowball bid. Burt totally out of his depth as far as I can see and TP willing to get it no matter how long it takes? Probably wrong.

Could be an attempt to damage sentiment irreparably (isn't taking much thanks to Burt's silence...) and then launch a hostile takeover bid? If TP suddenly offered the equivalent of 4p a share I think many would take it as there's no confidence in Burt getting EISB off the floor any time soon.

Aberdeenman - a sensible post. Finally. Comms are rubbish. CEO probably tried to inspire confidence by appearing relaxed about the sp decline. It didn't work. It's in the public domain that the attempt to get people appointed to the BOD by an ii backfired but they clearly thought Burt was doing something intrinsically wrong, or badly at least. Burt now has to reckon with an incredibly difficult time for such a luxury products as EISB has, but also an errant ii which may or may not hold a grudge. If it does then with the volume of shares it owns it can scupper the sp long term and possibly bring Burt and EISB to its knees until such time it can make a hostile bid and lths will breathe a sigh of relief and be happy to take a smaller loss.

Nothing from Burt to reassure share holders all is well on that front and we are now awaiting news of sales for the last 6 months. Actually we are waiting for news of any kind. Even just to say the US approach is going smoothly and to plan. Anything!

The danger is BURT has simply been too stubborn and the iis actually had a point and knew things could be run better and provided a much better result more quickly than BURT doing his own thing. We'll never know.

For now the sp just drops further and further and it looks as if we're heading for a 95% drop from 18 months ago.

Don't be alarmed though everyone, Tony Burt is not worried about the SP. He might be once it falls to under a penny but by then it will be far too late.

'We know BRES is being kept artificially low and undervalued'

Hilarious. Care to attempt an explanation? Although I'm not sure I can summon the energy to bother reading it.

I am intrigued however to hear what the Chinese made of the small samples sent by air recently. Those results should be out extremely quickly as there was clearly something of a rush to get them to Chine for assessment. Fingers crossed they were decent and that the bulk samples are well on their way already.

Anyone any idea what this is pls?

It won't have gone unnoticed - and is one of the many reasons so many investors are selling out of VDTK - that the raise done last June was for £1.5m. Cash position as at end of June was...you guessed it £1.5m. Basically the company was broke and about to go under so they've done a raise to continue paying BODs salaries. Typical greed.

Eye-watering figures and yes, Ganfeng have very deep pockets, but will they be prepared to throw £28m (KDNC mcap) x 2 or 3 at KDNC to put them out of the bigger picture? Certainly hope so. They may be more generous if they want it done quickly and quietly so KDNC don't in any way impinge on their negotiations. Hope the CEO has got his ear close to the keyhole of any doors just now and got his mobile on his person and not on mute! Come on, lths deserve a result here for once.

And 400 panels is about £40k. Might cover the office Christmas party....

Because the company doesn't put any information out we simply have no idea if there are lots of other contracts being filled currently or is the VDTK sales team twiddling its collective thumbs doing sweet FA all day every day. Personally reached my limits of patience here and have steadily been selling. Got another £30k to go. Lost a lot here and with the sp at an all time low now and such bad news recently I can't see anything rescuing the situation. The CEO lives in Thailand, the warehouse is in Italy and the company is registered in the UK. It's obviously a genuine company with genuine product as can be seen by the recent installation of small solar panels but the sales team appear to be getting nowhere and they still haven't managed to get Certification in order to sell into large markets.

Good luck to those who decide to hold out. I've a feeling you may need it. If I'm wrong then so be it. Another loss for me.

This is playing out quickly but if we're all honest we've got no clue what the outcome might be. Could be great. Could be rubbish. There is just as much chance Cadence end up being 'told' they're selling for the current mcap and what could the CEO possibly do about it? The company doesn't have the sheckles for any tough an drawn out legal battle so will just have to accept what ever the Mex Govt deem appropriate. If they're even attempting to mess with Ganfeng then Cadence isn't going to come out of this with pockets filled. Might explain the heavy sells today. It's becoming a very risky play, more so by the day as the lack of clarity is being added to by mixed messaging from Mex officials.

Really hope KDNC come away with something half decent here but I think all those posts suggesting £s are for the birds.

ha made me chuckle. Doesn't bode that well though does it? I don't do Twitter or Linkedin - is BSFA active on those at the mo?

I think it's more a case of trying to get those done asap so as to put us in a much stronger bargaining position. Without them a low ball offer could upset the applecart a tad..? Thing is a DFS will take time (and money - which they don't currently have enough for) and MR did indeed make it sound like an announcement really would be on its way very soon. Market didn't buy it though as the sp has dropped back down to below 5p again.

Dunno. Could be totally wrong.

PJ emailed out an essay on the potential of Pilot Mountain today. Why I wonder. We already know about his excitement about this project and the near term demand for Tungsten most likely to go through the roof. Two things occurred to me. Was it something of a diversion for the MFC results which are due any time soon? Or was it because he wants to put out the strongest case for doing another cash raise really soon to try and get things going there urgently? It was an odd email to send out and he's no slouch so there will be a reason for it or else he could simply do more interviews and talk about it in more detail in those. What's he got up his sleeve next?

Anyway, I'm keen to hear of the MFC results as those could spell a really significant move in the share price, hopefully up rather than down.

I have absolutely no idea how much one small panel costs. 600 though, at what ever price, is better than nothing.

If RRs can get a few deals like that over the line in Thailand things would look a lot rosier here. The lack of comms though is appalling. How on earth do they expect to keep investors, never mind attract new ones, when they bury their heads in the sand for months at a time and keep investors totally in the dark. They either need to bring some news to the market or this will simply fold at some point.

People keep forgetting that the first proposed buyout was to take place over several years with only $15m in up front cash. A further $10m after a year and another $50m after 4 years. Then there were 10 payemtns of $3m each over a period of time but that was to repay loans owned by the Mine. RY recommended this deal to share holders but it was summarily dismissed.
Point being Sviblov wanted this deal to take years and seemingly definitely didn't want to cough up much from the off, Now he needs to spit out $35m - that will need to be within 60 days of SPA. I just wonder if he and RY have agreed this ruse so that Svibby has more time to get this cash payment together. Personally I can't believe he's strapped for that amount but obviously something major has got in the way of this deal being concluded and I'm not 100% convinced by the whole banking excuse, certainly not the length of time it is taking to be sorted out. When there's large amounts of money involved
banks can and do move quickly. It can't be beyond the wit of a handful of lawyers and bankers to get this sorted out for $35m! I smell a rat but always pessimistic and untrusting of any AIM CEO, especially the one involved here.

As mentioned previously I think it suits RY to have several months of extra salary payments before getting the deal over the line and it suits the buyer (for what ever reason) for the transaction to happen further down the track.

the problem was announced in early November and my guess is we're not going to hear anything for another two months and then it will conclude on about the six month mark of early November ie early June. By then I can imagine RY will want to see it done and he'll announce his retirement or departure from AMUR.

I'm of course most likely going to be wrong but a small part of me wouldn't be surprised if something like this played out. What ever is going on isn't normal and, with no comms at all on the current situation for over two months, it's highly suspect but that's no great surprise with our man at the helm.

And even though the first announcement will only be an initial recommendation - it will then have to go on to full guidance - it may well give a green light to being sold/used whilst awaiting the full recommendation. That in my eyes would be a great signal that the NHS will almost certainly adopt it's use and after that we should see swift uptake in other parts of the world. Wouldn't be surprised to see it being taken up widely in the Middle East after GDR appear at the Arab Health Conference at the start of February. Things definitely starting to gear up for GDR.

AIHL was developed hand in hand with the NHS so I just can't see it being rejected. It's probably why it was selected to be fast tracked.

Is the Stroke Marker test also being fast tracked? I didn't see that in the list of 10 products up for initial review by EVA. The pilot scheme for this fast tracking winds up in March 2023 so a) I hope it is continued and b) GDR's Test marker test will quickly be added to the list. It's very positive that GDR are clearly well known and respected by senior people in the NHS and so should help in getting GDR products in front of NICE on an ongoing basis.

What kind of an offer can you imagine then? And for what exactly? If we're in such a weal position perhaps a Chinese buyer would just want to take the whole thing for ...??

Anyone any idea which Bank holds Amur's accounts? If we knew that I could always try calling them to see if they are willing to answer any questions on the banking issue.