Mycelx Technologies Share Discussion Threads

[nico115] 14/5/2021 08:45

Totally agree especially as we have so much cash on the balance sheet ,won't take a lot to rerate us again

[thefartingcommie] 14/5/2021 08:26

..looks pretty gd from here..


MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)



PFAS System Validation



MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and clean air technology experts, is pleased to announce validation and capacity upgrade of its PFAS system at an Australian Department of Defence location.



This follows a successful deployment of the PFAS system by our Australian partner in 2018. The capacity upgrade contract was awarded as a consequence of the robust operating performance demonstrated over a two-year period, within budget, as well as allowing the customer to both support, improve and adhere to, its environmental goals.



PFAS (Perfluoroalkyl substances) remediation has been a key area of organic diversification for MYCELX and the Company is delighted with the progress made. This re-deployment is a step forward for the Company and has the potential to lead to further contract awards in due course. With the increasing awareness and legislation worldwide, the benefits of MYCELX's proprietary technology allows for efficient removal of toxic "forever" chemicals associated with adhesives and Teflon related products and has the potential to be a leading solution for PFAS remediation worldwide.



We look forward to updating shareholders further when the Company announces its 2020 Full Year Results the week commencing 24 May 2021.



Connie Mixon, CEO, said:



"This is an important contract as it proves that our PFAS system is cost effective, robust and reaffirms the rationale for our investment in this market since 2018

[nico115] 14/5/2021 08:21

Was that a bad Rns ?

[belfry17] 05/5/2021 13:12

Haha. Where is the pump?

[scepticalinvestor] 05/5/2021 12:38

Pump and dump

[nico115] 05/5/2021 11:51

30k at 62p great !!

[nico115] 05/5/2021 10:19

When cash is such a large part of mkt cap it won't take a lot of news to rerate this Wasn't long ago we raised money at 230pThis is a stonking buy Thanks Artemis for closing fund and selling me cheapies

[belfry17] 05/5/2021 10:08

I like it when the share prices rise without the hype on social media. This one fell to such a low point that even now it is still low compared to its balance sheet and potential.

[knowing] 05/5/2021 10:03

Best performer in my portfolio this week

[solooiler] 16/4/2021 08:09

Surprised to see no buyers in first 10 mins. They can't have read it yet lol. Much in there I need to sink my teeth in to and I need to read it again over a cup of coffee to understand it all

[nico115] 16/4/2021 07:40

Great write up

[solooiler] 15/4/2021 18:13

new on twitter from the last hour

[nico115] 07/4/2021 10:27

Totally agree I'm v excited and have just tweeted my thoughts

[solooiler] 07/4/2021 08:50

nico

The rollercoaster off the trough is in its early innings. how often do you get to buy a company for less than the net assets it owns. Deep value style investing.

' MYCELX has made a strong start to the year '

[nico115] 02/4/2021 12:41

TotallyAgree I'm long at 30p and looking for at least 70p here

[solooiler] 31/3/2021 09:52

A nice little entry dip for new holders if they want it! Half the valuation in cash, huge discount to asset value and a new chapter for the company beginning with some exciting tech. Only £8m market capitalization leaves a lot of juice for the tank

[oldtimer169] 25/3/2021 09:03

Thanks for the clarification.

[solooiler] 25/3/2021 09:01

It may be best practice but not common for property sales. It is common for business disposals but this is not that.

[oldtimer169] 25/3/2021 08:58

It's surely good practice to issue an RNS to that effect?

[solooiler] 25/3/2021 08:42

A tweet last night from revue author

"#myx MyCelx update. I checked in with the company and the Duluth property sale has been completed and the funds were received on March 12th (this is within the 30 day window they put out in the initial RNS). So they are sitting on about $6m of cash and cash equivalents thumbsup"

[someuwin] 24/3/2021 09:27

MYCELX have a marketing & distribution agreement with the mighty Schlumberger (the largest oilfield services company in the world)...

[solooiler] 24/3/2021 09:15

this company have 50% gross margins and attracted a world class customer list only on the energy facing products. I imagine the market has to correct this valuation anomaly because the potential of the polymer into new applications let alone the upturn in the core business is in for free.

[oldtimer169] 23/3/2021 08:19

Very positive comments as the company embarks on the next stage of the journey.

[nico115] 23/3/2021 08:02

A very positive RNSShares are ridiculously valued but then again I would say that !!