Member Info for V111JAS

I have to agree with your comments Setanta .
I would add a few comments to your summary:
Irrespective of a lack of liquidity the trading in the share has been very strange for weeks , disguised in the spread.
Who bought the 5p placing continues to be a mystery .
Why there have been no declarations is a mystery .
Why , with placing funds available couldn`t the connections be made within a few months .
Why has there been such a noticeable slow down in development progress .
Why have the `Usual` regular positive communications been seemingly curtailed .
Why are we now waiting for what seems to be an extended `Jam Tomorrow` situation .
What are the reasons for the `Apparent Delays` .
Why does it `Appear` that we are not in possession of the full strategic plan .
Why delays , when the Company has financial capability and the oil price is soaring .( And likely to go much higher.)
Why has transparency seemingly become somewhat opaque .
~~~ Etc ...etc ....

Fwiw ~ I think there must be something extraordinary going on behind the scenes .
This doesn`t make for a relaxing investment , ( which may explain the subdued level of interest) I `m certainly not overly concerned , just somewhat frustrated and very curious about the precise circumstances currently surrounding the business .

~~~ "all the time i am criticising i have also been buying."
In my view ; that would be either dishonourable or daft .
Who would publicly denounce the value of the business in which they were accumulating a stake ? ~~~ mmnn ~
I`m assuming the the poster is not daft .
(Of course both may possibly be synonymous .)
Not that it matters !

~ nice to see a bit of BLUE again !
Have investors spotted THE real bargain ?
Has the market woken up ?
Has someone got wind of imminent news ?
`They` might be just in time for `Bargain of the Year` !
VGLA

Thanks for the interesting research guys .
Whichever way you cut it these are big salaries for a loss making start up .
On the other hand you have to accept that quality comes at a cost and , you have to have faith that those employees are capable of delivering .
Which brings the focus onto the next issue ~ Timescales :
"Objective - €1B revenue by 2030, €3B revenue by 2035"
In my opinion this is akin to the Pluto light years and while I accept that there may well be improvements along they way ,
most Investors have much shorter expectations for returns . A return trip in the Branson shuttle is more appealing .
These are precisely the reasons that I believe a quality partnership is urgently required .
Of course I can see exactly why DP might not wish to have another hand on the tiller .
In such increasingly troubled times , especially with finance and interest rates , I would hope that DP may take a more determined , proactive approach to securing a meaningful partnership .
It`s such a brilliant concept , i deserves so much more .
GLA
(btw ~ I do feel that there is a real risk that if he doesn`t speed up development the Yanks might just take his ball away !)

I have to agree with the negative commentary surrounding Kibo .
BIG mistake .
Unfortunately we seem to have been sucked into a Black Hole on the way to Pluto .
We desperately need a quality partnership , strategy rethink urgently required ~ imo .
It`s such a shame because I do believe the product to be transformational .

~ such a sustained period of continuous drops in the sp , it would ~ WILL ~ be good to see this start to rise again !

Thanks TC , I can`t remember the context . Anyway SO much news to come .
A positive arrangement should , I hope (!) , have a disproportionate effect on this current ridiculously depressed valuation .
Unfortunately , confidence and patience would seem to have been damaged by the constant selling over the last eight weeks . Such a shame . While those big sales orders appear to have stopped , it seems there has been some collateral damage and that small scale selling over the last few days has been primarily by PI`s .
A reversal in demand will probably be equally as dramatic as the recent fall .
Ah well ! That`s AIM for you !

I thought CH mentioned news re crypto / gas at the end of this month .
I`m not certain about that .

I do wonder if people are persuaded by such posts . eg :
Is 1 post RicTRICKS looking for a lower entry point ?
Is 1 post RicTRICKS looking to extend or close a short position ?
Is 1 post RicTRICKS looking to assist investors in making a balanced investment decision ?

You`ll never know !

Aandi : In that segment DP says :
~ " More rapidly funding , and capacity building " ~
This is precisely one of the key problem areas that I feel the Company are struggling with ; it`s all very well having a huge pipeline of potential projects and the potential might be worth many millions but these are merely hopes and aspirations until funding is available to progress their development . That`s why DP goes on to say they are prioritising those with the best possible COS .
It`s all about money and while marketing the concept may be at an acceptable level , at this stage they have to SELL it to DEVELOP it . At some stage we may start realising critical mass and these projects can be vigorously persued , for the moment we have to sell , sell , sell !
Is their `Sales Strategy` working , can it be improved , have we got the right people ~ we must effect closures .
I have no doubts about the efficacy or potential of the product , however at this point we are a very small operation swimming in a very big sea .
That`s why I have concerns about funding and why we probably need an enthusiastic committed partnership .
I don`t pretend to be an expert in this field , but the concept is very exciting and one that the World needs , just my opinion .
ATB

DerSack ~~~ As usual , your cogent , considered , positive post in support of the Company and an excellent rebuff to my negative take on the meeting .
Regarding revenue ~ and this is desperately needed ; I also noted the 9m with the almost throwaway comment ` Expect triple that by EOY` . Well , how I really hope that becomes a reality because it would go a long way to cancel many of the negative factors impacting current enthusiasm for the business .
I had hope progress would have been much faster on so many fronts , I misjudged that one and I think the various delays have had a seriously damaging impact on the business and its credibility . It`s all very well to say :
` We may be going slowly but we are getting it right ` and certainly `Getting it right` is crucially important .
FWIW , I think they have to up their efforts on the marketing and selling side of the business and push much harder for the support of Governments . I`m disappointed that there seems to be a lack of environmental support from authorities who really should capitalise on the current demand from green alternatives and waste issues .
Have we got the right people selling the story ?
In parallel , demonstrating rapidly improving revenue generation would go a long way to reigniting enthusiasm for the Company at the investment level .
Let`s hope they pull that one off and we have that revenue at some 30 M asap !
Regards
V111JAS.

What Scruffy meeting on so many levels ~~~ imo .

* Nothing new , little progress ~ afaics .
* Huge competition ~ Denied I believe .
* Sector lacking foresight , investment and commitment ~ unattractive .
* Pedantic project progress .
* Expectations / hopes of 2019 have not (as yet ) materialised .
* Closures ~ ?
* Marketing / selling the tech ~ new thinking / people required .
* Revenue generation ~ perhaps manyana ~ perhaps .
* Strategy ~ based on `Others` financial commitment . Realism ~ ?
* Financial position ~ questionable .
* Cash Raise ~ Let`s hope not at these levels .
* Short / medium term limited potential ~ perhaps left field opportunity .
* BoD performance ~ DP just ok , JVL quite good .
* Chairman ~ replacement required .
* Overall ~ Uninspiring , non motivational .
* Conclusion :
IF all goes to plan , a long term possible success story .
Perhaps a some meaningful partnership or even an outright sale for shareholder return .

I still hold a few , but ;
not difficult to see why Amati are dumping .
This is very sad because it`s a Tech we all need , and it`s disappointing to see that Governments have been reluctant to promote .
Sorry to be so negative .
GLA

" Been in and out since 3p my posting history will show that. "

Now we know what all that nonsense yesterday was about .
Disgraceful .

whistler51 ~

" What a load of drivel. "

Where has this 18 months suddenly appeared from ? ~~~ Answer not required .
One of the primary prerequisites for investing in any business the quality of the Management .
As you state your intense dissatisfaction with this BOD , perhaps you should seriously consider moving elsewhere .

What IS the point of consistently visiting a discussion moaning , whinging and whining about the Company in which you
~ Apparently ~ hold a financial interest ?
It makes absolutely NO sense at all ~
Unless of course ......

` There is that `Evan` again , that really grinds my gears. `

If you post your opinions I`m certain you will get some considered response .

LOL ! Exactly ~ I`ve been asking the same questions for weeks !
I would just add to that mix :
The 5p placing was `Oversubscribed` , the 12M shares set aside for PI`s were never available and there have been no declarations or TR1`s . Strange in the context of the size of the placing .
If the placing ~ IF ~ was not oversubscribed , then the PI shares would unlikely to have been taken up . IF ~ that were the case the placing might have been in danger of crashing below (perhaps well below) the 5p level . A very big set back for this fledgling business .
The sp had made extraordinary progress over the previous year c. 1p to c. 8p . The 5p placing was a big discount but remember that the 240Million new shares was also a huge volume to digest .
I think this is why we have been `Trailing Weed` ever since January 26th .
Oh the Conspiracies !
Just my own musings , no proof , but also no real explanations , SO ~
I remain suspicious that TPI are behind this mystery , they took the stock and have dripped fed it back into the market .
(and if not , they definitely DO know what`s been going on ~ and So will CH )

Just as well there `seems` to be no need for additional cash ~ apparently !
Hoping that this episode is now closed and we can at last move on , but that 5p dump most definitely stultified enthusiasm .

VGLA

I watched the presentation again and it has only heightened my enthusiasm for the Company and its Management .
CH has been very forthcoming about is strategy and forward plans , i dont see how you could ask for much more , but clearly he can not give precise dates and times .
During the past week I felt that the trading pattern since the sp fall in April had changed , the 100k+ multiples have dwindled away . Does this suggest `The Churn` is over and trades are now predominately frustrated PI`s and portfolio adjustments ?
It`s interesting that we are now back to that long , solid , tried and trusted (!) 5p which hardly gives fair value for our current production and earnings of c. $10m/month . No enterprise value . No forward looking development value . No acclaim for the detailed CPR . No consideration of forward earnings . I find all that just a little (!) odd . I got the impression that CH also feels that the current sp should be a lot higher at this stage ( perhaps 9p /10p ?) presumably why he has fired up Flagstaff to bend a few ears .
100p per share ? Well , I don`t think that slide with a 90p topside was a typo , future value projections have obviously been discussed and while it may look a stretch from today`s paltry 5p , I certainly would not rule it out over the medium / longer term , but I suspect we are more likely to fall victim to some predator long before we get there .
Great Company , Great Management , Great Potential ......... Perception is likely to change in the blink of an eye and this AIM market is completely irrational .

VGLA