Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gone with the pi’s cash in a transit van. Got to hand it to TB, he knows how to work a crowd.
Also remember we're due another $2.85 million cash payment from Hibiscus in the next month or so - 2nd payment for sale of Crown so all being well we've plenty of cash. Seem to remeber at the time reading that the Crown licence will revert to UOG if payment is not received?
20p by Wednesday ??
BRH are going to primarily use the proceeds of the sale to fund the covid-19 project by spending millions with paraytec ltd, where Trevor Brown shows up as a director again. Watch those trades guys imo.
Looks like a nice little earner for Paraytec Ltd - and guess who's a director?
Plenty of buying going on and a delayed publication of a £130k trade from yesterday.
Just remove the stone from your name.
Well said Lotto and I wish you and all the long term guys well. Just don’t like being trolled and called a liar by the blow-ins.
It’s also not entirely unreasonable to sound a note of caution during the hysteria here given what we’ve experienced in the past.
That’s it from me, won’t be posting again here. Wish you well.
Eileen, there'll be plenty of people like me who bought in to Strat Aero over the years and saw a massive drop in their investment and who have now recouped. None of the promises came true, I'm not a trader so once the shares are down 90% it becomes pointless to sell, you write them off, stick them in the bottom drawer and hope for a miracle . Miracle achieved for me and I'm out. I wish you well , - here's one of the many promising RNS releases Strat Aero made which we're still waiting to come to fruition in the guise of RMS over two and a half years later:
RNS Number : 3019E
Strat Aero PLC
08-Feb-18
Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services
Strat Aero plc
Geocurve awarded £1.1m 3D and Virtual Reality survey contract
Strat Aero is pleased to announce that its wholly owned Geocurve subsidiary has been awarded a contract to provide an innovative technology-based 3D and Virtual Reality survey service for the Environment Agency's Thames Estuary Asset Management 2100 (TEAM2100) programme. This reflects Geocurve's continuing transition to becoming an industry leader as a specialist technology-based UK provider of data rich surveying services including multi-sensors and data analytics to create 3D mapping and Virtual Reality (VR) imaging.
The contract award to Geocurve follows the successful completion of a 'proof of concept' trial in which Geocurve proposed and demonstrated an innovative solution to deliver a 3D survey of the entire Thames defence and foreshore. The contracted surveys will use Geocurve's full surveying and data analytics skill set and the latest technology comprising innovative mobile multi scanners and sensor platforms that capture a full 360° spherical view of image data as well as LiDAR data. This will enable a full 3D mapping and Virtual Reality representation of the River Thames.
The contract initially provides a fixed revenue of £1.1m over three years, with work beginning within the current quarter.
Trevor Brown, Executive Director of Strat-Aero, said "With this contract win Geocurve has demonstrated its potential to become a UK market leader in the supply of virtual reality and artificial intelligence surveying services to specialist customers on critical projects such as the Thames flood defences. Geocurve's use of innovative technology gives it the potential to transform the nature of surveying."
Thnewbie - the name says it all and that’ s an interesting posting history you’ve got there. Thanks for all your insight.
Quite possibly the world’s first surviving brain donor.
Eileen, that’s just the worst and most poorly researched post I’ve seen here and clearly misleading to all .genuine investors. Have you even bothered to check why RMS rebranded from Strat Aero - have you heard anyone mention mention the drone technology ? Thought not. Bye bye.
I wrote this off a long time ago and if you care to go back through all the posts for a few years back you’ll see I posted here plenty of times - bought in to TB’s waffle and the share price plummeted. Doesn’t matter to me if you believe or not, it’s my opinion and I’m entitled to it. Check my overall posting history and then call me a deramper - I’m out and not coming back.
Yeah and they’re creaming it in at around a 7 to 10 bagger - it’s a classic pump and dump raid - a million posters who’ve never been here are now sticking their oar in. Guys like me who have been here for years have finally got out, personally with a 40% profit after thinking I’d done my brains in here.
It’s just a personal opinion but I wouldn’t trust anyone on the board of this company as far as I could throw them and I’m super relieved to be out.
Hope you all do well but take a canny view imo.
Small volumes, think the MMs are raising this to entice smaller sellers who bought in low to cash in. Probably a big buy order being filled imo.
If you’re bored while waiting for the licence to be announced Andee, cheer yourself up by phoning random womens’ rights groups and ask to speak to the man in charge.
Thank Swan and Investor, my reading of the original rns led me to make the wrong assumption - not too bothered as I believe uog will achieve great things going forward.
Hi JTD,
There's been some talk about this over the piece, but if you look at the UOG rns on 23rd July 2019 when they announced the proposed acquisition, it states "The Effective Date of the Transaction is 1st January 2019. The Balance Sheet on the effective Date includes Cash of US$0.65m and Receivables of US$1.7m."
One of the main reasons I upped my holding here was because of that very statement - at the time I believed the cost of the acquisition would be paid for in very short order including the backdated revenues.
They’ve only included 4 months of Egypt revenue from what i understand. Where is the 2019 revenue? The acquisition was from 1st Jan 2019 according to the rns .
I know Jammer, but don't you just love a quiet Chairman ! Haven't seen the phrase "jam tomorrow" mentioned here for what seems like months. Let him chase copper in the Kalahari and while he's chairing JLP keep him tied in said chair and definitely gagged.
AIMHO of course .
GLA - Never thought I'd see the day but I'm 30% up here
Anything that keeps the Birdman away from anything to do with JLP can only be a good thing in my book. Surely no coincidence that during the biggest upward change in fortune for JLP we've not heard a peep from him in years. Long may it continue.