Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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For what is almost a brand new tech business. The progress and 70k subscribers is absolutely fantastic. The company keep producing and time line hitting what they have been promising and more. They are hammering their internal targets. Intra day / weekly peaks and troughs will mean nothing in say six months time. By then they will have added multiple new territories and the income streams will have come online and caught up with the respective launches. What will the market do when India is launched for example!! Great little company with proactive and hardworking bod. It won’t be little for much longer into 2022 I feel. DYOR and look a little further :) Back to hibernation, play nice!
Look at the amount of shares the bod hold and still hold read between the lines and wake me up at 1.5p
Cheers City. I’ve no intention of going anywhere and certainly wouldn’t throw the towel in after a month.
Love what this company is doing and their enthusiasm. The market will catch on soon enough, I’m sure.
Makes no sense at all. You have companies like SYME(no offence if anyone is invested there) who literally have no business and not earning anything, yet they still have a mcap of £53m.
There are companies that haven’t made a penny in over 10 years with hundreds of millions mcaps and just disappear…this company makes money and grows.
Well my kitchen sinks are looking pretty ****e. Guess I was a few months too early to the party. It is what it is but I’m feeling pretty stupid right now and massively underwater. Let’s hope the market appreciates us next year…
I am behind mos and that’s why I bought shares months back. I don’t despise mos,I still believe in them. I’ve been burned by warrants elsewhere and felt stuck in a hole. At least mos are making money and growing each day. I do wonder what the sp would be if the growth news came out first..
Cautious Optimist - "I wonder if this $80k run rate is partly about laying down a marker"
I was thinking on similar lines that was why I used the word "benchmark" in an earlier post.
City - I know you are on the other chat board - Bloody stupid post over there, you will know the one when you see it!!
0.37…..nah. I’ll wait til 0.7
Now you see why I despise companies churning out the warrants.
Interesting to see Streams come back into the story. Diversification in nature as well as territory of the growing revenue streams can only be good.
I wonder if this $80k run rate is partly about laying down a marker, against which to show phenomenal growth when Brazil’s revenues start rolling in.
The word 'if' is key guzzler?
It would have been useful for the trading update to have provided a date, as end September changes the ARR starkly from end November.
I am also a little confused with $80,000 monthly run rate as previous RNS's would suggest that the monthly number should be higher, but I get the wording does state 'exceeds' so all good.
The key for me is the numbers growing into Q1 next year as that should give us better understanding of what can be achieved.
If revenue is a month behind, that means it's based on downloads in October.
What we know is Mexico was 10k downloads mid October and growing at 200 per day. (Prior figure was 7200)
Argentina 6000 downloads for October.
Brazil zero.
So 2 territories approximately 20k downloads.
Current downloads across all territories....70K.
Monthly legacy revenue is standard at $45k.
I think today, that $80K figure is more like $140K.
Regardless, MOS is proving its a turnaround, growth company.
Well worth having a look at who ISBA's members are: https://www.isba.org.uk/about/members
Yep - Good RNS as far as I am concerned.
Skeletor - I agree with what City says re the legacy income which was in sharp decline since 2019. The revenue will have dropped back during 2020 but is now firmly building back up again.
Nice that we have now got a benchmark revenue of $1M PA to build from - I suspect in a months time that could be £1M pa and growing.
Also nice to see a new significant customer for the platform.
As I have said a few times, all our eggs are not in one basket.
GLA
Good RNS, Exceeds 80k per month total revenue approx - how much profit is there?
I hear what you are saying about a month in arrears so more to come but I still don’t understand how we got the £650k Rev in 2020 of this is currently our run rate in 2021. Appreciate it will hopefully grow exponentially but the $80k dollars already includes some new revenue streams but doesn’t alone get us higher than last year so what have we lost VLS last year as an income stream?
terrific analysis City
Great RNS and instantly goes red. What more does this **** poor market want? I tried a dummy sell through HL and couldn’t sell a thing. So no buyers. Sad.
Already at about $1,000,000 sales per annum that is very impressive considering we are still so close to the starting line. Good luck all let’s hope the market appreciates this as well!!
Just read it, well pleased.
Well done MOS. Keep up the great work
role on 2023 lol 2022 is the year to gain traction when warrants out of way , gla and try enjoy the ride
I'm happy with that.
May as well have written Merry Christmas and see you in the new year at the bottom of that!