Core Vct I Share Discussion Threads

[cpap man] 17/2/2017 07:50

XTR



"With the only asset today being Manica, even if one thought that was worth £20 million, and that’s a lot more than Xtract paid for it, it puts a cap on the share price at 0.05p. Accordingly, the current share price of 0.25p feels as good as it can get for now until the Manica DFS and financing plans are set out...."



"I hope for your sake the DFS is a belter, Colin."



No one really listens to TW and the Share "Lack of" Prophets but that article is not unreasonable having said that.

Have quoted the above as what ever certain posters say....XTR could well be shortly trading back at 0.05p+

[sweepie2] 17/2/2017 07:44

Tern results from the thread

So, we're trading at close to net asset value.

Furthermore, with a declared EPS of 6.4p, our current PE ratio is pretty close to 1.5!

Not what you'd call "frothy", is it?

As far as the report itself is concerned, it looks pretty solid to me.

[sweepie2] 17/2/2017 07:27

Final results for the year ended 31 December 2016

Tern Plc (AIM:TERN; www.ternplc.com) the investment company specialising
in the Internet of Things is pleased to announces its final results for
the year ended 31 December 2016.

Operational highlights


-- Achieved a 560% uplift in net asset value and a profit for the year for
Tern

-- Our investee company, Device Authority, acquired a venture backed Silicon
Valley technology company with a base of operations in North America and
9 patents to strengthen the business

-- Completed our first sale of a business and its assets, Concerto, to
Ingram Micro

-- Led a GBP2.5 million investment into Device Authority in October 2016,
strengthening our ownership position.

-- Finances further strengthened:

-- Total assets 2016: GBP11,464,696 (2015: GBP1,825,261)

-- Net assets 2016: GBP11,187,739 (2015:GBP1,691,881)

-- Profit/(loss) 2016: GBP5,296,633 (2015:GBP(185,121))


Commenting on the results, Al Sisto, Chairman of Tern, said:

"2016 was a pivotal year for Tern, with the Company reaching several key
business milestones whilst also undergoing significant, positive change.
As a result, we enter the new year with a sharpened investment focus and
a management team that has been realigned to play to its strengths.

Going forwards, we see a great deal of growth potential in our flagship
investment, Device Authority, as well as the wider Internet of Things
ecosystem, and I look forward to reporting progress on both fronts in
the coming months.

I would like to take this opportunity to thank all of our shareholders
for their support and enthusiasm, our portfolio employees for their
commitment, and our Directors for their dedication to the Company and
its mission."

[pet lover] 17/2/2017 05:55

7dig

Two absolutely massive bits of news for this company in the last 24 hours but not from an RNS.

Last few posts

[fillipe] 16/2/2017 23:44

RMM + 9% today and a 3 million "Ordinary trade" after hours @ 11p.
Also, over the pond + 10% with late upticks there.

f

[yawn1] 16/2/2017 22:09

CTAG

CloudTag – L1 finishes loan conversion. Now for death-spiral-on-steroids warrants. Sell! -

According to Shareprophets

[vivgav] 16/2/2017 15:27

GEO breaking 11p?

[fillipe] 16/2/2017 15:24

RMM + 9%, - also up over the pond, RAB:CA

f

[fillipe] 16/2/2017 15:23

SLP - Broker increases tp, today.

Sylvania Platinum Ltd.....Liberum Capital Buy, 12.63p
Previous tp 16p New tp 18p
Reiteration

f

[nick rubens] 16/2/2017 15:06

OXP recent dip being bought up.

[cpap man] 16/2/2017 14:48

XTR....OUCH!

[vivgav] 16/2/2017 14:46

GEO RNS just out

[ileeman] 16/2/2017 14:02

TPG

Looking strong.

[mike_f] 16/2/2017 13:43

KOD[and others in the LITHIUM space]After such a strong rise it was always likely that EMH as with other excellent LITHIUM plays such as KOD would have a pull back on profit taking.KOD has been bouncing back strongly and no doubt EMH will too.[Other LITHIUM plays such as KENV and especially PREM need a sell off as they are now becoming over bought]The Guardian16 Feb '17 - 11:17 - 409 of 411Exactly.Get out of it! Look at KOD/EMH market caps, then look at PREM's! PREM is still so undervalued and has other assets to back it up unlike most other Li explorers...

[cpap man] 16/2/2017 13:33

ANGS



Interesting RNS just out from ANGS



16 February 2017

Angus Energy Plc

("Angus Energy" or the "Company")



Application to NEX Exchange Growth Market



Angus Energy has today published an Information Memorandum (the "IM") in connection with an application for admission of up to £3,500,000 sterling denominated secured bonds of denomination £1, with a maturity date of 30 June 2022 (the "NEX Bonds") to trading on the NEX Exchange Growth Market ("NEX Exchange"). In connection with this application an announcement has been published on the NEX Exchange website, full details of which are set out below.



Angus Energy was admitted to AIM in November 2016 and raised £3.5million (gross) via a placing of new Ordinary Shares at 6p per Share to undertake its work programmes at Brockham and Lidsey as more fully set out in its AIM Admission document. The Company has begun work on this work programme at Brockham. Further, as announced on 6 February 2017, it recently raised £2million (gross) via a further placing at 11p per Share to fund a) the costs of a farm-in into Europa Oil & Gas Limited's Holmwood licence (PEDL143) and b) a 10% increase in its Brockham interest. The Company is now taking the opportunity to put in place a facility through which it can issue debt via the NEX Bonds to fund development assets, either those that it can prove up to that stage within its existing asset portfolio or those that it may acquire in future.



Angus Energy expects to issue the Bonds in tranches, up to a total value of £3.5million with the first tranche provisionally expected to be issued on or about 23 March 2017. Further issues of the Bonds will take place when the Company has clear visibility over the likely production profile or has commenced production from its Brockham oil field, in the first instance, and Lidsey thereafter, and therefore has confidence that it can service, and ultimately, repay the debt or assumes debt in conjunction with the acquisition of additional producing assets that have positive free cashflows.



The NEX Bonds are secured against the assets of, and the shares in, the Company's wholly owned subsidiary company, AWB3, the holding company for all the Group's mineral assets, The NEX Bonds will bear interest at the rate of 8.5 per cent per annum, payable quarterly in arrears. Investors' attention is drawn to the Risk Factors as set out in the Information Memorandum. Principally Investors should note that should the Company not be able to either service the quarterly interest payments on the Bonds or repay the capital amount outstanding at the end of the 5 year term, the Company could lose all of its mineral assets which would have a potentially material negative impact on the Group's financial position and prospects.



Further announcements will be made when the NEX Bonds are issued.



Jonathan Tidswell-Pretorius, Angus Energy's Chairman, commented: "We are pleased to announce today that we have made an application for the NEX Bonds to be admitted to trading on the NEX Exchange, such admission to take place on the date when we issue the first tranche of NEX Bonds. Please note that today the Group is simply making an application for admission to trading and is not listing or borrowing any funds at this stage. Following the Company's successful admission to AIM we've now been able to utilise the financial, legal and technical due diligence from the AIM admission for this Bond IM making it a very cost attractive option to increase the Group's future funding capabilities. Whilst the Company has sufficient funds to undertake its current work programme, it now has access to an alternative source of funding. The NEX Bonds increase the Group's ability to act on future growth opportunities while taking a balanced approach to its capital structure in order to optimise Shareholder value. Investors should also note that any issuances of NEX Bonds will be subject to further announcements at that time."

[andrbea] 16/2/2017 13:10

mila 8%
Today 10:15 FlawlessKicks gorillacramp
Could be news at any point! They have had quite a few months to work on things so we could be very close now. Expect to be back over 7p over the coming days.

[pet lover] 16/2/2017 13:10

Read today's news last few posts.

[olly1972] 16/2/2017 13:05

Mtr!!!!!!!!!

[howdlep] 16/2/2017 12:58

AMED (up 8%)

It's going to get more and more difficult to buy, as we move above resistance points:-


free stock charts from uk.advfn.com

[nick rubens] 16/2/2017 12:56

Some big buys in GRL.

[cpap man] 16/2/2017 12:17

ANR



Looking very good again today are ANR ahead of the PEL announcement

[cpap man] 16/2/2017 11:40

KOD



[and others in the LITHIUM space]



After such a strong rise it was always likely that EMH as with other excellent LITHIUM plays such as KOD would have a pull back on profit taking.

KOD has been bouncing back strongly and no doubt EMH will too.

[Other LITHIUM plays such as KENV and especially PREM need a sell off as they are now becoming over bought]

The Guardian16 Feb '17 - 11:17 - 409 of 411

Exactly.