Member Info for Walkley

I am no fan of this share having watched it steadily drop mainly as a result of promises not met, but if they could demonstrate that they have actually signed a few contracts from new customers, enough to keep the lights on a few flights to far away places for SK then perhaps all would not be lost. Not much longer before crunch day though!!

AET - Afentra is actually producing oil. Has two new wells to be drilled at no up front cost this year and is carrying out a strategic review including "engaging with a limited number of counterparties with regard to a potential sale process in respect of the entire issued, and to be issued, share capital of the Company."

Still valued at £22m!! Q1 is only cash positive because of the upfront payments of 2 big renewals. Needs 100 new symphony deals soon. So far almost halfway through Q1 and not one has been announced. Cash call soon.

We are due an Operational and Financial Update any day now.

So what will GGP open at today?

Over $10m bookings in the quarter - Annual running rate of over $40m - Expect the shares to leap -and to be followed by a new placing!

Thanks

M & S shows sales up 22.1% in first half but Food was up 7.8% and Fashion Home down 16.4% How can this be?

Both are a long way from actually producing anything . Strategic have an existing income stream that pays the basic bills but both companies will need a awful lot of cash to build their mine and processing plant. IMO Strategic is undervalued compared to Guardian - I sold the last of our Guardian Holding (had sold some too early previously!) and bought more Strategic which is showing a 50% gain in 2 weeks!

Pearls it is clear from the RNS that all the $1.4m from Q3 2024 was DI -Total Q3 2024 was $1.7m - the decline in bookings was an eye watering 79%.

That cash burn in the quarter was $0.8m despite receiving $2.5m from selling the DevOps bit of the business must surely worry even you!

"Total DI bookings in Q3FY25 of $0.3m (Q3FY24 $1.4m), a decline of 79% YoY. " -is that enough to keep the lights on?

Guardian Metal results from Rock chips: 13 overlimit tungsten trioxide (WO3) assay results including: 0.59%, 0.46%, 0.40%, 0.36%, and 0.36% WO3.

Strategic Minerals Example from drilling: 3.05 m @ 1.43% WO3 & 0.54% Cu

Market Cap: Guardian Metal £230m; Strategic Minerals £18m

Currently AUD 7.00 = £3.43. On no new information.

6.3% increase in revenue to £1,875.2m (2024: £1,763.7m)

28.6% increase in adjusted profit before tax to £45.0m (2024: £35.0m),

3.0% divisional adjusted operating margin (2024: 2.5%), up 42 bps to deliver 2026 target one year early.

17.4% increase in final dividend payment of 13.5p (2024: 11.5p), together with an interim dividend of 5.5p giving a total dividend for the financial year of 19.0p, up 22.6%.

Well-capitalised debt-free balance sheet, £237.6m cash (2024: £227.0m), average month end cash for the year of £178.7m (2024: £154.8m), PPP asset portfolio of £38.6m (2024: £41.8m) and no pension liabilities.

Completion of 2024 £10m share buyback and announcement of new £10m share buyback programme.

Trading momentum has continued into the new financial year, trading slightly ahead of expectations.

Kave Sigaroudinia has increased holding from 3% to 4%.

Interim Results out. As good as expected.

From The RNS I don't understand how a 9% appreciation in the exchange rate can produce a $8.5m loss, would need to have $94m to lose that amount.

" The net foreign exchange loss (2024: gain, H1 FY24: gain) arose on sterling-denominated intercompany balances in a US dollar denominated subsidiary. These balances were retranslated at the closing exchange rate at 30 June 2025, which was 1.37, a 9% appreciation of sterling compared to the rate of 1.25 at 31 December 2024. The loss on intercompany balances in the Condensed consolidated statement of profit or loss is offset by an equivalent exchange gain (2024: loss, H1 2024: loss) on the retranslation of the intercompany balances, which is included in the retranslation of net assets of foreign operations, included in the other comprehensive income."

Grim, looks as if not many jobs have moved with the sale of the DevOps business. And why do they not earn interest on their cash balances?? Couldn't find anything about trading in Q3 - 2 months of which has already gone.

Interactive Investor (ii) are stopping hosting Investment club accounts -our biggest holding happily is Greatland. Any suggestions for an alternative share dealing platform?

Thanks - missed it.