Member Info for shatter

No, I can't access it either ?

Yeah, it's been a very expensive time for Oxb over the last couple of years! The manufacturing plant and laboratory have also used up 40 of the 50 million dollar Oberland loan facility which has a substantial interest rate repayment ! I think the bod hoped to be making money from outoutsourcing these facilities and perhaps they will ? Trials are all still in their early days . The coming months are going to be a real test for Oxb. Not so long ago we were in double digits and now we are simply waiting for the next tranch of fundraising, whatever form that takes is anyone's guess.

Not much loose change being moved about today. It must be all down the back of the sofa...

Renewed confidence here. Could we actually see Rm2 turning its fortunes around?

Fundamentally sound company with good, if not well paid, management. Aviva more than some seems prone to market swings . Very early days in the Brexit saga so will be some months before they will know how Brexit is effecting the books.

Consolidation comes to mind. We really haven't moved on and by the looks of it we may be back to square one soon. I have a modest investment here but I know people who lost an absolute fortune not so many years ago and held onto what little was left in the hope that they may see some return but it's looking very dismal at the moment. The 1% Isa's are looking very attractive !

Brexit having a delayed reaction. Aviva, amongst others has ' gated ' it's property fund. Worried about withdrawals. Hot, it looks like you called it right again selling on Friday. Scary times again.. Looked at house builders but did not buy. Looks like a lot of turmoil still to come.

Disappointing start to the week but I imagine there will be many more days like this.

If they have a growing market and customers it matters not the cost of the pallets! You can buy a pair of jeans for £10 or spend £150 for a superior pair, better quality and longer lasting. Both have a market share. Very difficult to compare companies. Cheaper pallets will always be preferential. We are currently walking at a snails pace so the chance of over production is not a worry. G.l.

Fully agree that there is going to be very little to report for the rest of 2016, especially as Rm2 don't go crazy with news. 2017 will be the real tester. If it's a product that the market want then we will finally be on our way....fingers crossed.

RM2 have had a go at producing pallets in Canada, both the original and the new gel coated pallets. Although massive mistakes and over estimates have been made In Canada I believe China will have no problem with production and will produce on time. This is their forte ! Lessons have been learnt and it would appear new financing is not a problem. This time next year :-)

Where it opens on Monday is anyone guess ? Might keep climbing until the next recession, in a couple of weeks :-)

On the downside the next few months could see new lows as this meanders along .

We have had quite a few missed deadlines in the past but if they manage to get it right this time then it would appear that we are back on track . The product is finally correct and 1.5 million pallets for next year appears realistic. Let's hope the timescales are roughly in line with the rns and the Chinese don't let us down. The sp has held well and Woodfords involvement is a massive bonus. Should the worst come to the worst he has very deep pockets :-)

We have good cause to be highly confident of profitable deployment of pallets delivered from China, all of which are earmarked for customers in North America in 2017. Initial production is expected to be deployed in Q1 2017 and will target c. 1.5 million pallets per annum, with projected growth to at least 5 million pallets per annum in the medium term. Time will tell .

Definitely the busiest we have been for a couple of months.

Yep, I was thinking that myself. In a moment of madness I have just averaged down ! Last minute decision. Woodford has made a few dubious calls recently but I hope this is one of his better ones. There should be no massive surprises on the horizon ? :-(

Only one trade this morning......

Very slow progress.... At least Woodford is still in the mix.

The man in charge of charts hasn't sobered up yet.