CS isn't invested here, he's just trying to sow seeds of doubt. AVCT now valued at £390 ????? without having sold a bean. All the arguments he used in his last post apply to them as well so where would that sp go ? He's a tool & should be treated like one.
RE: The reason I invested in NCYT08 May 2020 10:55
It's also worth pointing out that the global demand for testing is/will be huge. How many OEM's will be producing our kits under license ? The number could be staggering with a huge amount of revenue to us from royalties.
i don't get this RNS. Regarding equipment they said back in December it had been sourced so surely it's just a question of personnel ? This relates to the EWT only, here's an extract from said rns :- Pumping, surface separation, fluid storage tanks and other testing equipment has been sourced to undertake this work. Regulatory approvals to re-commence the EWT are currently being sought. Once these approvals have been received, the equipment will be mobilised to site at the earliest opportunity and the EWT will re-commence.
Yes I'd have liked to have heard a little more about the OEMs to add a bit more meat to the bone. Nevertheless I'm sure it will come in time. Steady progress & that's what we need. NCYT is no longer a typical AIM stock as a result of it's cash generative nature now & no bad thing imo.
Yep Fyoz, that about sums it up. If the EWT & WNB wells (including Cadeby) are successful then a sp north of 1p is a given. For additional lift we need the global situation to improve dramatically at which point the brakes are off with the sp. If they aren't well that's the chance you take.