Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That's a reasonable question chuffed. I was trying to work out where all this value was coming. Were these hubs intended to do other things (IoT), so needed to be closer together. Are the hubs being laid in first for maybe changeover to CC Omnimesh meters. I do not think that would have been a leek of confidence to say. CC is now well down the line as far as their product being known and probably analysed in detail. So why all this secrecy now, others don't hide it. New investors hang on these facts when deciding to buy. DYOR
Now you are getting carried away ITT, SIPP time again, GoI want a system that works after past errors where it appeared Cyan stepped in with a 1m unit supply. It is not a small AIM company in India's view I should think, it is an Indian company. Until we hear otherwise Genus still has us in-house and they are a very respectable company. Unless we go bust dont get carried away with balance sheets, it is what is going to happen in very near future that counts.
Over what period do Intellismart 4m installs cover, were the problem ones included, dont forget CC got involved with Intellismart at that stage. Were the 4m including the earlier Smarts. CC appear to have a good but not alarming flow of work, all takes time in India and they are all waiting. It was anticipated CC would get fair chunk of 250m, so as a shareholder of some substance I suggest do not take this time to knock CC otherwise others will suspect your motives. DYOR
Well Colour a late filing should not be habit forming but I have seen companies that have gone a long way past those dates and made good successes in coming years.
I think all eyes are on these tenders and I think CC are still in with Genus, who are doing very well, it is not so much money but quality product, availability (which we are providing) and fast installs once approved. It would now be timely for JC to give a summary of current contracts status and a total volume guestimate for CC of all these unfolding tenders put together. Question to you, do you think we will achieve the 20% 50m units aimed at, I feel we will go way beyond. DYOR
Evening ITT. Why do you think that about Intellismart. We are in-house with Genus, so there is a fair chance that CC will get all or most of their Smart Comms. Genus will do very well with current and future orders, hence their massive SP gain, we do not know if CC has all of their Smart Comms, that would be a useful update from JC. Between these two leaders (Genus/Intellismart) if we had all their Smart Comms we would be well over our 20% of 250m aim. Lots of companies file late. DYOR
Thanks LTI. We are waiting upon these sub contracts but recently (22 Oct) I raised a question regarding subs from Genus and Intellismart. I may be missing something here but with Intellismart I thought we were supplying a Framework and they were issuing out to various new Start Up installations, likewise with a lot of Genus who were putting in CC Smart as they went along. This being the case should CC Comms be part of their initial orders, so if Intellismart get 5m unit order then we get 5m unit order. Probably not as simple as that.
On Silicon was there not an FG28 being tested.
DYOR
LTI, in the case of Silicon, any idea what distance 'long range' means.
As Wirepas use a different system but are also using Silicon it would be nice if JC gave us the pros and cons of the differences.
Thanks Vas..
While we are waiting I think CC need to come up with background on what else is happening.
Christmas approaches so will withdrawals take place again.
Sometime back when we told of our monthly expenses I said that we need to be told of monthly income as well. Appears that was dealt with by not telling us either.
Hi Jake, obviously didn't read first BB where it said you or Colour, you are categorically denying it so we wait upon Colour. If I had the BB in front of me I would not have given an alternative. For once use your brain instead of just rubbishing eveything.
Jake, now you are getting jittery, you may have got one wrong, if so a big wrong 1000/600 nearly half, as I said 'you or Colour'?, so if Colour denies then it is back to you. Like Colour you did not have to own the shares as long as it knocks CC. I still see 500p as an outcome for CC but if ever we go broke I will know I am wrong.
By the way as I have said before and proved it by averaging I have never had to sell out or rubbish CC.
you and Colour (he has got reasons) rubbish CC but will willingly take any profits, hopefully in the next 12 months.
Hi Colour. Was it you who highlighted SMS, who have gone roughly from 1000p to 600p.
Regarding Ceres, I think you are misguided to say they were giving out buffoonery when Bosch and Weischal (very big) were buying in, they do their homework. It could well be that such large companies worried the PI's. On a time basis coming forward recently Siemens has created a 100% hydrogen CHP power station in France, this may have had another impact on Ceres, however it may have nothing to do with them.
Hello jake, I never did take to fishing but certainly works here. Just tag a name on a comment and up you come. Seem to remember you saying you had played the game so well with CC that you had never lost money and bought/sold at right times, you must be the only one.
Back to Ceres, at the time they were doing very well, had a massive cash bank, were contracted to Bosch and had this new system which was being considered by the biggest shipping magnet in Far East but like CC these things take time and it looks like interest has faded. So, good at the time and possibly good in future. The trouble always is, if something takes too long it leaves the door open to new ideas.
Some time back I think you or jake were hyping up SMS meters, take a look at price graph, were in region of 1000p now in 600's.
Everything is a risk even your bottom draw. DYOR
Thanks Vas. Good observation, should see some positive movements between now and January. Still got my eye out for 100m of the market and the 500p that jake harps on about, LOL. As our main contact points seem to be Genus and Intellismart, so time back I thought if Intellismart are ordering from Genus and favour CC product then there will be greater emphasis on the in-house CC Comms. Noticed that Genus get regular payments from Intellismart.
More than likely our drop in SP, which is now hopefully reversing, was the gap in information which CC does not seem to cope with. I suppose all manufacturers like to play down using somebody else's product, CC didn't mention Silicon much until highlighted.
It would now be prudent of JC to update the earnings flow via Genus and Intellismart combined.
Shareholders look for income, at present not heard much about extended contracts but a costly doubling of staff. Important but not what an onlooker wants to see when thumbing through AIM. Good times on our doorstep I feel, DYOR
Keep going Vas, very good finds, noticed JVVNL listed at bottom. CC have contracts there I believe.
In the case of Genus taking over associated companies, I still think it would be in their interest on this occasion to take 51% of CC. Most companies would not let part of their product out to a competitor, by having majority holding they would guarantee their own needs yet let CC supply rest of India. Best of both worlds.
DYOR
Hello gizmo.. I think we have got to the stage where we are all chasing ourselves around in circles. We know there is a lot of work out there. JC said he would be happy if we got 20%, I feel there is a fair chance of getting double. The GoI is probably putting its finger on negotiations, it liked INDORE and CC, and probably prefers 'a bird in the hand' as it wants to get India up-to-date energy wise.
Should CC achieve 100m units plus add-ons then thats 2/5's of total, not to be shunned.
Last year JC said revenue was 1m units = £20m. So times 100 would equal £2bn. That must surely bring us into 500p+ SP.
DYOR
Hello mcgoof. happens all the time, Greengrass knows.
The thing is to get back in, in big enough volume before rises kill your profit.
You can do this with AIM if you know your product and can do a big sell. Be interesting to see if SP fly's away this afternoon. If it reached 20p then there could be losers, LOL.
Hello Schlum. Its not quite as simple as that, CC often has gaps between its good news and its happenings. JC punches out a bit of information which cannot be backed up for ages, it does not mean it does not exist just takes ages. In my opinion that is the problem, an onlooker sees no information and gives it a miss. Some already here get bored and sell. Seen it all before but we have never been this far along before.