Member Info for WongaFC

We also need a wider bid/offer spread to discourage trading, c20%

Should be back to blue once news percolates through the thicko filter

Thanks for clarification DoN.

I wondered if these two figures were the wrong way round as I would have expected BioMSAR to make the greater reduction??

AI may well be a bubble but it is far from "about to burst". IMO it is about to explode and the use of AI which has effectively been used for decades, will greatly expand in the coming years. It will no doubt create an investment bubble down the line but the next few years could be very rewarding for investment in this sphere. Getting out at the right time will be the difficult decision.

The paper-handed panic brigade get everything they deserve.

I said the other day, OCP need to put up or go away. They should be told they will miss the boat as we shift our focus elsewhere. Perhaps we should approach phosphate producers in China and the US to offer them the competitive advantage OCP remain reluctant to take up?

This reads as a sensible "get ahead of the game" approach. Nothing much changes as the future purchases remain optional, (depending on performance). The biggest takeaway for me is the exposure to OTC trading in the US, aligned with the higher SP through consolidation, should reduce the trading and volatility we currently see.

Anyone unhappy with the potential increase to Director fees can vote against it. Personally, I think this move is too early and they should be running a profitable company before requesting a tenfold increase to their fees. I will be happy to vote for better remuneration once the company is more established.

Great news, let's hope we have a commercial supply in place prior to any future fund raises. Would be nice to see future raises used to expand the company rather than just keeping the lights on.

Keep the good news/progress coming please...

He's not the Messiah, he's a very naughty boy!

The absolutely clueless Reeves, (Harold Steptoe's long lost daughter), will try to take full credit for this as being hugely positive. However, her crashing of the UK economy has shown us to be a bit of a basket case and the huge US corporations, as per their MO are circling like sharks to take advantage.

You just know these deals will be structured so that every penny of benefit to the UK economy, will be matched by a $1 benefit to the US Corporates.

Anyone who thinks the FCA are prolific at gatekeeping or policing the industry is naive, to say the least. As much use as a chocolate fireguard but exceedingly more expensive.

"Really suprised sp going wrong way"

Well it's another snout in the trough of a company without any income, so understandable. Let's hope his appointment achieves much much, more than Andy Morrison's has, although that won't be difficult.

As ever, time will tell. By my reckoning, the next 6 months will be make or break for us LTHs, as failure to progress anything substantial during that time, will mean the begging bowl is filled with fundraising at a substantial discount to where we are now. Tick tock, get your fingers out QED!

"Last meaningful RNS now 5 months ago 🤯 never expected that this year!!!! Madness"

I did, totally predictable.

As for Morocco, OEM a total red herring. OCP need to be given an ultimatum, fit the trial in Q$ or we walk away. But we won't as our snouts know fine well, the more carrots they dangle in front of us, the better chance of filling the begging bowl next round.

First time I've come across such an investment, where positive RNS releases regularly result in a drop in the SP.

Weird or what??

You have to question, just what has AM added to this company?

Brought in years ago stating his primary role is to narrow the focus on the number of projects with a view to getting at least one to commercialisation.

How's that going Andy???

Well that's Stocky's best strawclutchery yet!

Jason Miles giving a conservative timescale.....🤣

The sp is now approaching "load up" levels so I expect it to remain static for a few days before another push to 0.50-0.60p again. Let the traders have their fun but the more the shares end up in investors hands, (as opposed to traders) the less this will happen. Would like to see a huge spread to reduce this practice but MMs get their slice of the traders profit so doubt we'll see that anytime soon.

Iirc, post the "industrial trial", coming up to 2 years ago, we were told we were now entering commercial supply discussions with OCP, as well as arranging for trials at "other" sites. As there is no "commercial supply agreement" in place 2 years down the line, I think it's fair to assume this was the usual optimistic oxcrement from our bumbling executives?

The OCP/OEM excuse is just another in a huge list of excuses for this project.

The client clearly does not want our fuels currently. They could have been running some of their sites on MSAR for years now. Perhaps if/when there is a readily available bunker supply of MSAR or BioMSAR, they MIGHT start using it then.

Anyone who thinks this client is close to buying our fuel,.....I have a bridge to sell you!