Mycelx Technologies Share Discussion Threads

[someuwin] 24/1/2024 13:57

They need to announce new contracts. The silence is deafening.

[wisecat2] 24/1/2024 13:51

Anyone got any ideas why the share price weakness please

[someuwin] 14/12/2023 15:34

The longer the trials, the bigger the eventual contacts.

"The Company is making progress in the PFAS market continuing with a landfill leachate trial in coordination with a global engineering and consulting company and a series of drinking water trials with a global water treatment company."

[someuwin] 12/12/2023 08:58

Something brewing here methinks.

[slicethepie] 02/12/2023 06:58

Article today in the guardian ...Forever chemical' in English tap water samples carcinogenic, WHO rulesExclusive: Move to categorise PFOA as linked to cancer in humans by World Health Organization ups pressure on UK government

[seagreen] 08/11/2023 11:16

Patience will be rewarded....very exciting opportunity for 2024

[slicethepie] 20/10/2023 12:35

Our misleading poster has clearly scared a few investors !

[fft] 20/10/2023 03:01

Not sure where you see competition in the BBC article.What it is saying is that the harmful effects of PFAS are now better known and more stringent testing and eradication is required. Which should be very good news for MYCELX

[pugugly] 19/10/2023 22:07

Possible future competition to the MYCELX® PFAS Treatment System or opportunities
The science 'has changed'

[nico115] 08/10/2023 18:37

22m shares in issue ...only

[seagreen] 06/10/2023 16:17

Long a smidge for the ISA need to do some homework but seems fairly exciting if they carry on in this direction of progress towards profitability hopefully...

[pugugly] 28/9/2023 15:05

Down again - Down 9% - ?? Short term profit taking?

[alter ego] 27/9/2023 22:03

Sorry Paul, I didn’t see it either.

[paulypilot] 27/9/2023 18:04

Thanks alter ego. I missed that part of Mello today. What/Who was said about MyCelx please?

[alter ego] 27/9/2023 16:49

might be some extra interest tomorrow. Mello (organised by Carmensfella aka, David Stredder)ran an event today looking at recent results and MYX was one company featured

[thedickster] 27/9/2023 16:08

Topped up for the nth time at 62 today. The upside is huge, if you have the patience.

[someuwin] 27/9/2023 15:59

All these locations, and many more in the US (let alone the rest of the world) will need some form of PFAS drinking water treatment. MYX seems to offer the best small footprint, cost effective solutions.

[fft] 27/9/2023 15:45

The time magazine link ishttps://time.com/6292482/legal-liability-pfas-chemicals-lawsuit/

[fft] 27/9/2023 15:43

After seeing the attack on Paul below, I thought I should post the post I made on stockopaedia. Whilst the companies financials look nothing special, it is what they are trying to solve that *could* make this company a multibagger. The issue is PFAS/PFOS which is used in teflon and a load of other products.As Time magazine put it, this could cost more for the companies involved than the cigarette settlements of a few years ago. North of $200bn. https://time.com/6292482/legal...The best way to understand the PFAS issue and the potential it brings to MYX is to watch the film "Dark Waters" (2019). Big budget legal movie (in the same manner as Erin Brockovich) about tracking down and going after Dupont. Quite scary. Especially how Du Pont knew back in 1962 it would cause birth defects and cancers after testing on their own staff. As the end of the film makes clear this isn't just a USA issue. This product has been made and used all over the world. The film is currently available on Netflix.The film is about Du Pont (who came to a $1.2bn cleanup settlement), but the really big fish is 3M, who, have just come to a $10bn settlement to clean up PFOS.The relevance to Mycelx is that it has started paid trials for filtering PFAS/PFOS in the USA and clearing up existing leaching from landfills. The trials seem to show MYX tech works.Once the trials are complete and data analysed I would not be surprised if Dupont or 3M or others just buy MYX.I had heard about MYX before, but it was only when, by chance, I watched the film one night that I was both horrified and then saw the opportunity that MYX had. I knew nothing about PFOS/PFAS before and couldn't believe it.The main issue with MYX is cash burn. Cash is tight and inventory that can be sold is limited. Can they scale up without a raise ? Or maybe a partner comes in with a strategic stake and cash injection or they just get taken out.My current thought is that once the trials are complete and data analysed I would not be surprised if Dupont or 3M or others just buy MYX. The water treatment side for the oil industry being used in the middle East is also potentially huge. The latest project enables processed waste water to be used directly in irrigation systems. Would Sclumberger be interested in that ?

[nico115] 27/9/2023 15:03

Market cap at 200p is 45m pounds .A pittance for a company that can tackle Pfas.I hope I can hang on and not take profits on the way up .

[nico115] 27/9/2023 14:48

Good to hear you bought some Paul Ignore the idiots on here .Take care Nick (I still hold 400k ) mkt cap too small for the tech we one and mkt opp

[paulypilot] 27/9/2023 14:28

Nobody was "suckered in" by my article on Stockopedia. You obviously haven't read it. I just summarised the main points in the recent results, and flagged that MyCelx looks like it might need another fundraise.
One of the readers then posted some additional comments about the company, explaining what its technology does, and the size of the market opportunity.
It was all perfectly sensible, rational debate, of bull & bear points.
This share tends to be illiquid, and spikes up & down on quite small trades, that's just the way it is.
Disclosure: I bought a few recently, as I think risk:reward looks quite interesting, although I am worried about dilution risk if/when another fundraise is needed. Let's hope they can raise from a position of strength from new contract wins.

[pugugly] 25/9/2023 11:22

?? Short term buyers suckered it by the Stockopedia article cutting losses or old stale bulls from ipo safeguarding gains - share price at time of posting 60/62p Down 11.5p.

[nico115] 23/9/2023 23:49

What's it say ?

[bisiboy] 22/9/2023 21:34

It’s interesting that that a company whose share price has more than doubled over the last few months carries so few posts