Another Jacko
07 Sep 2017
Investor Event Is anybody going to the investor event on the 26th? I would haver gone but I think I'm away on training that day so won't be in the City.I didn't go to the last one as the results were so poor that I didn't see the point but there has been more positive news out of the company recently and if they can sign up some more mines to I Track 2 soon they may actually start to show a profit.Definitely worth holding on to these at this level as I don't think you can lose.
longtermBLVR
07 Aug 2017
more to come? another (appx?) 100k of recurring annual revenue, plus 9 more trials to go.Not unreasonable to expect that both BHP (especially after a 5 month trial) and Glencore will - eventually - fit all their mine fleets with the itrackII kit.So, not far from where the Co will reach cashflow breakeven point.And still nothing on Siemens (?), where the pilot production has been ongoing since April 2016!Plenty of cash still in the bank also.
longtermBLVR
26 Jun 2017
that's about £400-500k of revenue! In a 2015 Presentation, the Co mentoned £140 mln revenue potential from 40k trucks.This is about £3500 per truck, so now with itackII maybe around £4k per truck? x 105 gives around £400k
longtermBLVR
05 Jun 2017
Glencore first validation of iTrackII, 63 systems, not bad!10 more trials still ongoing, hopefully some more will come to a positive conclusion.
uggy 100
30 May 2017
Re: Still Falling I spent quite some time trying to write a response which didn;t get past the moderator's. It's not a weak buy, as PI's we should expect more input from the BOD & salary cuts accordingly.
Another Jacko
30 May 2017
Still Falling I see these are still falling and are now below my buy price. If they get much lower I may buy some more because I don't think you can lose money at these prices.They either make a success of the business with the cash they have remaining or they sell the IP and I should get my money back at these levels.That's my opinion anyway.I also bought a few TRK at 1p as I think it is a similar scenario. Totally bombed out and pure negativity but after spending around £100m developing their tech there has to be a fair chance that it is worth a few bob to someone.Both small investments so if neither of them pay off then I won't lose much money.
longtermBLVR
31 Mar 2017
Re: Own advice Bullish statements can only be issued when bullish developments occur or can be expected. I cannot comment on the Directors NON-buying however.The Co has to spend money on expansion and sales dev., big boys will buy if they like the product (if it saves them money, why not?)...as for minnows, if I was a big miner I'd prefer to buy from a small co that needs my cash, than from a big boy that could compromise confidential data (because they don't need the big miner).
uggy 100
30 Mar 2017
Re: Own advice Sorry, not a c'lever guy just someone having a punt. TRT is becoming a shambles (if it wasn'.t already) It's hugely important for a Co such as this has to issue bullish statements, they haven't. No Directors have have bought shares for quite some time. I f we wish II's to come on board then the incumbent BOD need to purchase, they haven't & that speaks volumes. For years PI's have hung on in the hope the BOD will deliver. So we have a situation whereby we are (as a company) spending money on the basis that the big miners will accept our ;product . So they're big boy's & we're minnows. If they choose to extend the trial period where that does leave us ? Exposed, I hope TRT enjoyed their Hawaian trip, we paid for it & they got nice tan's
longtermBLVR
30 Mar 2017
Re: Own advice someone just bought 25.000...clever guy!
longtermBLVR
30 Mar 2017
Re: Own advice I'll probably get abused for this post but...yes, revenue is still short so market got disappointed. But I think there was some overeaction?SP is at 1.60 (pre-cons.) i.e. still 60% higher than last June...cash is at 3 mln, with little outflows over the 6 months.GE, although some time away for revenue generation, is a mega-validation of the technology and Siemens (?) is still on track, with a whole year's testiing already achieved - so sooner or later, we will get something from here (including a licencing fee).Co is spending money on expansion and expects a clearer picture in 3 months (end of financial year, as per RNS). There are a dozen trials with expectation of a sale in most, if not all, trials.There are many things on, which are still taking longer than the market expected BUT the Co is at a much better situation than 1 year ago - more cash, more projects nearing fruition, little cash being burned, expansion of sales teams and more trials. So I disagree that we will not make money...now is actually a buying opportunity, the SP dropped yesterday because many people rushed to sell. DYOR, good luck to all.
SIPID
30 Mar 2017
Own advice I definitely wish that I had taken my own advice and sold a month ago as it is going to be nearly impossible to make any money out of this share now.
uggy 100
29 Mar 2017
Re: Going to the investor eventt So TRT are increasing running costs whilst losing money ? No mention of the European interest (Siemens) ? This is becoming more of a joke by the day. Share consolidation wa purported to give the Co. the ability to pay divi's ? laughable ! Directors not prepared to purchase share & haven't been for quite some time. It's time for the BOD to take substantial pay cuts to share pi's pain (not that they will)All in all a dreadful rns.
Another Jacko
29 Mar 2017
Re: Going to the investor eventt After today's lacklustre results I have decided not to go the investor event as I don't think there is much to discuss or new information to come out of the company.There is some good news in that GE have decided to keep their licence but revenue from that is a few years away.I'm going to hang on to my shares as I don't think I can lose money on the price I paid but I don't expect fireworks anytime soon either.
Bantam Spirit
29 Mar 2017
Re: volumes up Totally the opposite!Bantam....shocking results and even worse reaction!
longtermBLVR
27 Mar 2017
Re: Going to the investor eventt great!Ask about Siemens, if not announced in 2 days!!! when will they announce the agreement?
