Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes looks very impressive. Easy to install but also easy to move around. With the seats in stock we should have enough for about 8 of those with out much capital expenditure.
However wise they would get the spin off and sale sorted.
Wouldn’t surprise me if these have gone t#ts up.
No interview from Martin yet. Incredible after the share price drop.
Poor update almost every area of the business. Poor August and September revenues considering July was 1.3m. Spin offs poor, cash poor and depreciation made the bottom line look better.
Need a massive expansion program for 2023.
There’s trust pilot reviews from July and September so immo are still punting it. It’s still on their website for £49.99 with lifetime viewing. Whatever that means. Also still for sale on the usual retainer.
Nice to see someone is still buying before results tomorrow 20k buy.
Not sure what to expect tbf. Not getting over enthusiastic so any good surprises will be welcome.
RNS this morning could this mean the spin offs are about to be announced. Change of Nomad and director disclosures.
Maybe. Any guesses ?
Wish this seller would clear.
I agree with both your points and as ever reference the share price never lies I would apply the 80/20 rule as there’s always exceptions.
I would also like to thing the share price is down to the spins offs split and also hope there is value in them. Let’s see how it all comes out in the wash as my grandma used to say.
Good luck
I’m talking about last year reference handouts and furlough money which we haven’t got this year. Have the revenues covered these and more. Not sure ?
The market always know before we do. They had handouts in Q1 and furlough money. Not sure just guessing but you know what they say the share price never lies. Anyhow we do have a seller.
That’s the only thing I’m right about ( probably).
I can only assume that H1 numbers are not great and that the market expected much better uptake from gorilla trek than has been delivered.
The spin offs I again can only assume have no value to speak of and we have a seller who every time there’s a decent buy ( of which there is few ) just sells another chunk.
I’ve always topped up on pullbacks but not this time.
I’m starting to doubt my estimates of revenues. If the numbers were great then share price would surely reflect this, or am I just wetting the bed.
I’ve been holding for so long I’m starting to second guess myself maybe switch off until the next RNS which shouldn’t be far away.
Who knows why someone sells. However the price action doesn’t fill me full of confidence for the forthcoming update. Still small volume on shares in issue. It’s very slow progress also.
That would be nice :))
Also think it’s to late for this summer unless they target Australia not for their upcoming summer. There’s a number of large zoos and aquariums combined.
I’m not sure how much the big installations cost to install. Got to be a few quid. They had 900k cash from memory in the last RNS that mentioned it. Hence the longer term contracts.
They may need to proceed slower than we think to manage cash flow without raising from us and them of course.
However the zoo uptake does seem slower than I expected.
I think your estimate of 1.3m is about right give or take a 100k and hope August is about 1.6m. June maybe 900k giving 7.2m for the year plus 4 slower months to come. Still think 11m is possible?
I’m not sure if the spin offs have much value or how much it would take to get Vodica commercially viable as a stand alone business. Hope I’m wrong on this one.
However on a positive note the next trading update on LBE should be very good. I think they need summer cash from this business to expand without doing a raise and of course the China deal is going to help.
It’s turned into a slow burner but it’s way undervalued at this price if they hit 10-11m revenues and control the expense which I’m sure they are doing.
Providing the market doesn’t get much worse it only goes up from here imo.
More seats opened this month than trades ffs. Stole that from another board but it’s unreal.
I’m sure that’s what they’ll say and I guess depending on the numbers they produce they might be right. However I expected a few more zoo contracts than the 2 they have. Maybe they are working hard on the spin offs ( maybe )