Member Info for spike501

“ The problem with this kind of statement, that's says for a fact and in advance that a raise is coming, is why is anyone going to buy or hold when they know it will be cheaper afterwards?”

Who is invested here and thinks they won’t need to raise? Sure any raise will be lower than the prevailing share price at the time of the raise, but there are a number of potential catalysts for that to be at a far higher price than today.

“ It seems to me, if Zenakine is going to make some money, CRODA ought to buy SBTX now with low ball 10p offer but settle for about 14p....”

Yes I’m sure CRODA are crying out to take on a load of litigation risk.

"The revenues from this product are impossible to be switched off"

Not only do they seem to have been switched off, they seem to have been reversed.

Good to see another potential partner, it’s all about expanding the funnel.

What will really drive this now though, is receiving the funds from one of these partnerships and get moving the factory build in the relevant country.

The video is fake, there are tons of these circulating on YouTube - I'd tune out all this noise, these claims have been circulating forever.

Thanks LL, I stand corrected

UserSteve - yes fair play, for me there was no discussion as the revenue number was announced but well done on pointing out the discrepancy. I expect it was you highlighting this that has ultimately led to the RNS correction being issued - your posts were definitely picked up elsewhere, Tom Winnifrith mentioned it yesterday in one of his recordings and he has a direct line into Chris Gilbert.

"And they have already received €12.75 Million"

They haven't yet - it's expected in 2-3 months. I'd expect an RNS to be issued on the receipt of the money as that will be a substantial milestone.

Its a useful clarification that the deposit will fund the initial production line - my assumption was that it would, but good to see it in black and white.

“The PE has nothing to do with how long the deal is for. I think you need to research what PE is.”

Of course it does - a PE requires long term stable earnings.

I don’t see anything to clarify - it’s quite clearly €420million revenues not deposits.

There are of course some delivery risks but this contract alone should deliver €8-10 in profits in 2026. Easily a case here for this to be valued now at £100million+

Unbelievable - I'm not sure I've ever seen such a transformational RNS

"I watched it retrace from £6 and jumped in finally at 95p, then added since for an 79p average. I'd call that patient."

I waited for someone who was selling a tenner for £100 to reduce it to £20 until I bought it still doesn't seem a great strategy,

Re rate yes, but also a short squeeze as per TW?

Share buybacks? Are you mental?

Who does a share issuance in order to buyback shares?

Looking at gold prices discount to Batangas NAV is clearly getting a lot bigger.

Should be considering being a gold in treasury company, Bitcoin is so 2024, gold is the future.

Of course it’s valued in the SP- that’s why the SP jumped when the deal was announced. I’d say at the moment there is a (not unreasonable as licenses are not in place) discount to NAV but it’s clearly there.

Incidentally as they have now structured the deal as essentially a royalty set up they won’t add anything onto the balance sheet value - apart from anything else that would be madness as it would drive a taxable profit with no underlying cashflow.

No idea why you think there is any real connection between the balance sheet value of Batangas and the value of Batangas within the SP.

Batangas NAV on a DCF basis is probably about 1.5p per share and given it is the only material asset BMV actually currently has it’s clearly being valued in the current SP.

Do you M0r0ns even realize TW has tipped BMV, is a holder of BMV, has spoken to Sath at Sharestock and while becoming slightly impatient is still supportive of the company and Sath?

Buried Treasure is a regular poster on TWs website under the handle Buried Treasure.