Member Info for skier1

DERR is getting 1% of a £64m company... You've been tangoed...

Somebody this morning bought ~3% of the entire company. No wonder the price has spiked.

Pretty poor results.

This one has almost zero revenues and is nearly out of cash and probably due a placing, but still has a ~£1m marcap. Wonder if an RNS is bubbling away in the background somewhere.

It wasn't a gamble! It was sheer incompetence by anyone who poured money in here during the past week.

The company said publicly on Mon 17th Sep, 2018, nine days ago, when the price was hovering around 8-10p, that they were going to screw the price down to 2p !!!

You can read the RNS here:

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=IMTK&ArticleCode=cfi7rlrd&ArticleHeadline=Update_on_potential_equity_investment

Investors had 7 trading days and 9 research days to get out of this junk... And, still, many PIs bought in, ramped it up, and clung on!

As I have posted a few times here, financing costs for the mine are soaring, and that never ends well.

Britain has just about the most sophisticated financial system on planet Earth -- but British financiers hate to use it on small or mid British firms with big finance requirements. They prefer to sneer and laugh from a distance in London. So, SXX has been forced to look abroad, to riskier sources, like China.

No surprises whatsoever in the FT article today.

The technical charts are now looking more positive here. It has closed above its 200-day moving average, the CO looks bullish, and the CCI index is hinting at an uptrend.

You need roughly 500 tonnes of tarmac (or whatever) and £25k of raw materials and £250k (in total) to resurface 1 mile of an existing "old" road in the UK...

If you're adding "50 grams of graphene per tonne", then you'll need 25,000 grams of graphene per mile of road at an extra cost of £1-2m more per mile in 2018...

Cannot believe folk are still ramping this nonsense, after their appalling Google customer service reviews and their disgraceful pump-and-dump placing to keep the directors in a good lifestyle!

This company is toast. You'd have to be mental to buy in here.

This should not be a surprise to anyone. Simply cannot believe people bought into this and did not exit in time.

IMTK said publicly *9 days ago* that it was going to screw over its shareholders and try to do a "controlling equity investment" at 2p !!!

Sounds like CGNR, CLON and a few others, where the "jam tomorrow" card is played repeatedly over and over again for years and years to make the directors rich. And every year a fresh wave of PIs with high hopes and fresh money to waste arrives and they end up handing all their cash over to the directors for no returns. Dick Turpin is alive and well.

Alright, ahm oot.

A ~£30m valuation for a company with ~£1m annual revenue and ~£3m losses and 250 metres of testbed-road hidden away in Italy is way overbought.

Possible ~£1b marcap longterm. Up from ~£15m right now.

Up +42% now. Sitting on billions of vanadium and with a farmout ready to move to revenue generation.

This is gonna have a good day.

If there is any whiff of even slightly good news coming here, this share will go absolutely ballistic...

Think it depends on whether you want to get in during pre-drilling, intra-drilling or post-drilling.

A rough (conservative) guesstimate, based on data in today's public RNS, suggests ECR may be sitting on ~£1 billion of easy-to-mine, near-surface gold.

Folk finally catching on to the size of this thing.

ECR has found a "large gold system" where ~£14,000,000,000 of gold has already been proven and dug up...