Member Info for samval2403

If they managed to spend a million quid at 3.25p the NAV would be 8.25P based on the final results (no uptick for CFG). All the attention that's gonna get could be valuable of Seed can show us they'll get it going up again.

Whatever price they announce I think they'll be able to spend £1m and get it filled Dags. £1m at 3.25p would cancel out 1 in 7 shares and the company are buying them back at a c60% discount to NAV.

Some good news a month after they finish that and we're chuffed!

It's looking like I'll be eating my words on this not being a rise to believe in Dags. The thing that starting to interest me the most here is a lot of these shares imo are going into the hands of short and medium turn traders, based on tweets. There's even a few wild targets being thrown out there.

These will be the type of people that when or if the company do announce that they'll do a buyback; say to use a million quid to buy under XYZ price, those people will sell. Imagine if the company do take out 15-20% of shares in issue with a million quid. You're getting closer to a double digit NAV per share again. I'm looking forward to the AGM!

You should join the telegram group Michu, there are dissenting voices in there but yours would be a nice edition.

They're in a blackout period Ronaldo. TSX listing being in progress means they can't release any new news.

See you already laid out the plan of what he wants to do in the RNS and interview. Drilling starts in the autumn, I'm excited to hear what the plan for how they want to plant those drills is going to be! Do they do go deep or whether they increase the confidence interval of the resource.

It's a hard rise to believe in sticking.

LGP keeps falling. No Eurox news. Northern Leaf, not sure what they're up to? CFG is seen as mates business until they actually do a Series A, and they aren't just raising money from XYZ firm nobody's ever heard of in Latin America. Inveniam, meh don't care. The buyback talk is speculation from accounts that don't know there'll be one. The 'buyback' cash is available in the first place because they got outmanoeuvred on Leap. They also had to settle and take the beauty company stock and don't know how that's gonna play out. The last quality win they had was the Eurox raise imo, that was a fair while back now.

Company has a lot to prove. Plenty can go right; it could only take one win from all of those companies above, but the ifs and buts are abundant. It would be a folly to ignore that.

The lack of buyback is the big concern for me, happy to acknowledge the bad and the good

I don't think I'll be right either Hedge, but I at least expect them to be raising at small premiums at each time. If the tech holds up they'll find investors knowledgeable enough to know they have something

This could be a way better direction then the weed stocks because this market shouldn't have massive regulatory barriers.

If the price is right why wouldn't we be for this? Say the raise is at 3x the current valuation Seed are up in the millions in NAV

Maybe wait and see what the price is before jumping to conclusions on this folks

sorry reefles, if it seemed like i was talking down to you. i wouldn't and wasn't.

agms just don't do it for me; even in this circumstance, it only seems to be the real **** shows where anything interesting ever gets close to happening. all the good stuff i'd expect to find out in the rns, but i'll still take a gander at nl tomorrow.

There isn't really any news, AGMs are mainly admin unless you're in attendance alongside a Doc Holliday it seems.

Until we hear about the next investment I'll only keep up with the RNS and check in here every now and then. It seems more are waking up to the discount to the NAV, and we have to hope that those people keep coming along and see something they like the sound of. Still the real SP mover will be one of the investments or new investment grabbing the attention of the market.

Nice to hear from you Michu. I was lucky enough too to take half of my investment off the table here at 18p, and I'm not sure I'll ever get back to the number of shares I had then. Regardless I still want to be here to hear the story. 30p raise in 2021 and at BAM they really only improved the standing since then.

It's hard to look past the fact the mcap here is c£10m and they've spent (from the top of my head) on BAM alone drilling mainly successfully c£25m. There is an asset there and while I'm not under any illusions it definitely does get taken to production there is enough already there to hear more of the story. Maybe the SP here is the management quality showing, maybe it's because the resource lacks certainty for whether a developer will want to take this into production based on now and potential.

I'm not of the same opinion of this I was 18 months back but also since then the SP has dropped 60% and it's a different opportunity. I still think if right now LND traded at £40m mcap you'd say fair enough. They've got a NPV of probably 20x+ the SP right now at just at BAM, and a new man up top that wants to achieve the potential of the flagship asset and to focus only on that.

The percentage/ smart play is probably to wait to invest, at least until Claude announces the strategy. For me he hit the right notes in the interview, I took some more in advance and I'm happy with it.

Agreed CTW, good start and he seems to be going the way many here wanted focussing on BAM. Let's hope that he gets some of these non-core assets spun off all sold relatively quickly to reduce the burden on the fundraise.

I'm not sure I believe him when he says that we will be producer here, but maybe it's not the worst thing to have that in mind. NPV could be somewhere near 300 million right now without growing BAM.

All in all our future value as UK and current holders of this company is going to be quite drastically affected by how Claude manages to present us to the Canadians. A good story there and maybe growing BAM to something sellable or mineable won't take all that long. Landore has always succeeded with the drill bit at BAM, long may that continue.

18% spread has come right down now Longlad

I'm sure he'll show up here at some point but for now I'm also happy to say just chill out Dags, chill out

Wait for them to make the investment, everything I see in the market now is companies having a horrible time raising. Small cap share prices are being battered and waiting to find something that the company think is an outstanding rather than just good opportunity is prudent

#seed ticker is used by a lot of none Seed Innovations related stuff Longlad. The company need to do a better job really of using #seedinnov as the ticker for Seed talk

Buyback isn't happening until they say it is doggo.

"Under AIM Rule 17, an AIM company must issue notification without delay of any relevant changes to any significant shareholders. This means that the company must disclose the fact that it is buying back its own shares as soon as it makes the decision to do so.

The reason for this is to prevent market abuse. If an AIM company buys back its own shares without disclosing the fact, it could artificially inflate the company's share price. This could mislead investors into believing that the company is more valuable than it actually is."

Yeah Burton, this is borderline disingenuous ramping. Your business is to promote, but you shouldn't be implying that the buyback "can not be any clearer" when he's said nothing to provide that certainty. The CEO has already made too many implications that didn't come to pass these last few years.

Yeah Longlad, a buyback without an announcement is against the law. Shame in a way, it'd be lovely to hear in September that the company have spent £2m on 60m shares or something like that.