Member Info for TrevorBrooking

"Syme appears well placed to benefit from this trend" - how exactly are they going to benefit? They have minimal/no funding available.

True Faramog, but what we do know is that there isn't much cash about at present, how are losses over the next 6 months going to be covered?

Julian, that's not breakeven, cash production costs don't take into account the financing costs, which are very large and very real

Just for clarity, $1.0m of cash at 30 June, received funding of $22m post June, cash balance as at end of August $4.1m, that's a burn of $18.9m in 2 months.

Gut feeling says that iis are just waiting for this to fail then pick up the bits on the cheap from the receiver.

In which alternative is the outlook improving? No signs of V price increases, huge net losses and debt. The turnaround plan is only going to shave $8-10m off costs, that simply isn't enough. Losses will continue to be made and cash reserves are low. How long can it survive? I'd give it 6 months max.

"And we can all invest wisely in SYME" - not sure there's many people that have managed that!

"What are the factors affecting global vanadium pricing"

As with everything else, supply and demand. Demand is currently low, China's building industry crisis not helping, not many signs of improvement down the road either.

Rats and sinking ships spring to mind....

Plus credit facilities of 1.5M if required

A lovely RNS to start the day, should be nice and blue today as more and more jump on board this world leading resource.

Much more likely to be taken private by SPR/Orion and then sold off for a huge profit at a later date when V prices rise. PIs shafted once again.

He's gone! What next, Wobble21?

So as well as being stupid, you are now a liar as well!

Wobble, doesn't the fact that admin have banned you several times now resonate with you? No one wants to read your stupid ill-informed posts. Go away.

Wobble, you first starting posting on this board when the share price was 9.15p, it's a reasonable assumption to make that that was your entry point and that you are nursing heavy losses. It happens to all of us from time to time, I just hope that like Warren Buffett, you didn't have all his eggs in the one basket.

However, this is no excuse to spam this board with the same post over and over again, grow a pair and move on, take what's remaining of your money and put into something more aligned to your investment strategy, ie companies with multiple revenue streams that publish their business plans online , try Amazon, that should fit in nicely.

Wobble, closing price on 8th June 2023, the day before Lars took over, was 1.42p, nothing like 4p. I'm surprised that someone with your impressive levels of research and business accumen could havebeen so far out! I think you owe Newuncle an apology.

Wobble, from your posting history you clearely invested at a much hgiher price, something like 9p. Did you not do any research at that point in time? If you had surely you would have realised that CPX focus on supercapacitors? You come accross as very bitter that you have lost what is probably a significant amount of money to you and are trying to disrupt this board as a way of making yourself feel better. Be a better man and accept responsibility for your own investmenr decisions, I'm sure many of us have been through similar scenarioes but we just bite the bullet and move on, it's time you did too.

Wobble, how many types of product do Rolex have? Any how about Duracell, and what about Zippo? All very successful one product companies. Kind of defeats your argument.

Wobble, if you're so worried about different revenue streams, why did you invest in this in the first place? Seems contrary to your way of thinking. And if you're still that concerned, why don't you sell up and buy Amazon shares?