Member Info for shelly123

Cheers Carribs, still here, still holding 1m+ and waiting patiently for results, have a good Christmas! Sorry to hear about your Grandma passing, hope you’re doing okay!

Nightye1 - Yes looking forward to the interview with Craig!

Good luck all!

Thanks Goingtomoonufo - Looks like my buy is showing as a sell on here for some reason...

I agree, very happy to be on board.

GLA.

Just added 3.75m shares, did some lengthy research over the weekend and like what I see here. Given the strength of copper and fact that RMM are already a producer, seems rude not to at this entry point.

GLA, do your own research etc etc

Also just added another ~400k+ shares on the dip takes me to 1m total now.

Good luck all, do your own research etc etc

No worries guys! Seems a great little board this, glad I could contribute in some way. Agreed Carribs, good to hear that from a Geo, looking forward to next results, let’s see!

Cheers

Fantastic 7 min review of Cobra’s first Drilling Results at Clarke here from Geologist Charlie Stephenson: https://www.pscp.tv/w/1OwGWVZQXDMKQ?t=20s

Well worth a listen, sounds very promising. GLA and DYOR.

Carribean2029...where are you getting your figures from? Saying 211,000 Oz of Gold is not viable or attractive? I’d definitely question that logic...you do realise that Haverion (Greatland Gold) produced 452,000 Oz Gold in 2019 and was valued at US$1.67bn at the time. (US$540.8mln of that value attributed to Greatland).

So saying $10m Mcap for 211,000 Oz really doesn’t stack up at all. COBR already has an Mcap of £6m without drilling results...

DYOR, thanks and GLA.

@RichyRich1

Well given that the total estimation for The Wudinna Project (Baggy Green, Green Tank and Barns) is 211,000 Gold Oz... and the price of Gold per Oz today is around £1456 ish...you just need to do the maths to see the potential Market Cap here long term. In the near term with positive drilling results I can see this doubling at least! Zak’s first target is 6.75 ish from what I can see!

*This is not advice, please do your own research and good luck!

Nice little recovery setup starting to emerge on the chart, only takes very small buys/volume to send the SP north it seems. GLA, once we break 0.6 properly this should start to fly. Q4 incoming!

*This is my opinion and not advice, please do your own research.

Chance to buy low, i’m already holding 4m+ and this is near bottom imo, 10% fluctuations here and there don’t worry me, bigger picture is huge upside which i’m happy to wait a bit for.

*All in my opinion, please do your own research this is not advice.

Just watching an interview with Chief Business Officer Jason Smith, I had no idea he was a former Senior Partner at WPP. Impressed with this guy and what he has to say about LSAI: https://youtu.be/pAic6YkKRgg

Just done some digging on InMarket - One of LSAI’s first Verify signings in the US, seems an impressive company, InMarket have revenues of $100m+ according to the article below.

They also mention Location Sciences a bit further down:
https://martechseries.com/mobile/mobile-marketing/inmarket-acquires-assets-from-ninthdecimal/

Kencarv - Couldn’t agree more mate, well said.

Kencarv- Agreed though, more contracts is what we want to see!

They do have multiple 6 figure contracts as far as i’m aware...hence the £650k H1 revenue. That is definitely meat on the bones, they also get revenue on a CPM basis I believe (ie per 1000 ad impressions) but this will have been affected by low ad budgets due to Covid. Trials are definitely important as it allows potential customers to see if they will benefit from the product and can integrate it into their business.

I’d rather have some trials with big brands (Aldi) than none at all. I don’t think people on here understand how difficult it is to successfully launch a software product, it takes time to get traction and £650k rev in H1 (43% YoY increase) is really quite positive given the situation with Covid.

*Do your own research, this is my opinion and not financial advice.

Okay here’s a nice little side-by-side comparison of two software companies for you:

DEV: Mkt Cap £37m
LSAI: Mkt Cap £3m

DEV: H1 Revenue £383k (up 44.6% from 2019)
LSAI H1 Revenue £650K (up 43% from 2019)

DEV H1 Loss: £551k (after tax, adjusted)
LSAI H1 Loss: £334.6k (EBITDA)

DEV: Cash position of £472k (H1 2019: £453k)
LSAI: Cash reserves £1,652,969 as at 30 June 2020

The numbers don’t lie and i'm not taking anything away from DEV...but even with DEV’s recent contract win…LSAI’s Mkt Cap is 10-12x lower? This has to be priced at a deep discount at these levels. Huge potential upside here in my opinion.

*Please do your own research, this is not financial advice and is my opinion.

Not sure if people noticed this on the half year report RNS, but I found it quite positive:

- Aldi appear to be trialling Verify Proximity in the UK
- There are ongoing trials with some major US brands.
- LSAI are now focusing on converting these trials into contracts.

There is huge potential for location data clearly, given everything that has happened with Covid. Tracking the movement of people has never been more relevant and with cases/lockdowns being more localised this time surely this info will be important to brands/marketers. Q4 is here also, Black Friday, Cyber Monday so we should see the usual uptick in retail revenue!

All imo, dyor and good luck!

Allenby Capital look good, they recently assisted Fusion Antibodies (FAB) with a £3.5m fundraise. For those who aren’t aware, FAB recently bagged from 77p to 197p+ after reporting successful R&D proof-of-concept work in relation to Coronavirus Spike Proteins and potential therapeutic candidates.

So on paper, this seems like an interesting move to me.

Source: http://www.allenbycapital.com/deals.html

*This is my opinion and not investment advice, please do your own research.

No worries bidnolid, good presentation wasn’t it!

Re the placing - the last significant one I can see was in March...comprising of 111m New Ordinary Shares at an issue price of 0.875 pence...that’s 39% higher than today’s price of 0.53, hence why I believe this is a bargain at these levels.

A large number of companies on AIM do placings (often multiple) to raise capital, it would be good to see more director buys/subscriptions at these levels obviously but they are funded until Q2 2021 from what i’ve read so i’m not overly worried about further dilution in the near term. Good luck!

*Please do your own research, this is not financial advice and is only my opinion.

Fantastic webinar from Location Sciences on Vimeo here for those interested, from 3 months ago: https://vimeo.com/429661590