Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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No one is putting out fibs. People are using quoted analyst price targets, PR's, interviews, articles and the CEO's direct communication. I'm sitting back with a drink in hand and will wait untill October.
I also want to add that shareholders of many companies will soon do the bidding of syme, encouraging said business to enter discussions, for the companies own benefit. I'm in the UK, I can think of dozens of retail businesses with a combined total of hundreds of billions of inventory that could desperately do with syme right now.
@Global. Do the calcs..
The Business model makes it very simple unless I'm missing something.
My Euro sign doesn't work so Im using pounds again.
SYME minimum per cusotmer inventory £5m (That's minimum)
So far 368 Customers (Target was 300 by 2023)
£1,840,000,000 in inventory
96 are signed up and the official figure is £1.3bn in pounds, so we are being conservative @£5m per customer, many will be more as they already are.
6-8% of that is actual SYME revenue. Take the lower 6%
Revenue of £110,400,000 (6% of £1.8bn)
4% for investors providing capital
2% of the £1.8bn for SYME is Profit before deductions.
Give a 40% Profit margin
£36,800,000
Now that's taking minimum figures of whats on book already (6months business). Not including all future business (Abu Dhabi). The goal was 300 companies by 2023. Whats the new target? 100 PA, 300 PA?
A lot of unknowns but you can see the potential to make this one if the biggest market cap firms going. It's just a case of how many companies and how fast. With a minimum of £5m inventory. SYME is saying, its smallest revenue per customer is 6-8% of £5m. £300-400k in revenue per customer. He monetised £300m of Livestock. Do you have any idea of how much live stock there is in the world? That is just one small section of what is possible. Open your mind a bit wider and you'll see. Most businesses would RNS one £300k contract. SYME RNS's 96 and 272 in due diligence a few weeks back. How many companies will be in the next update at a bare minimum of £300k revenue to SYME?
I sold some EUA and ORPH to get in here when I researched it and saw it at 0.005-7 early last week. Tells you how much I believed in this idea as they are my big holds. SYME's growth this last week has now made it over 30% of my portfolio value from the original 10% weighting.
GLA
Mate I've been on here since the IMTK which then became Abal. All I'm saying is let the company grow organically rather than chances on here inflating the price to suck people in whilst they chase the next stock. I'm in here for the very long term mate so don't be putting fibs out.
Global... €1.9 trillion market in Europe alone. United Arab Emirates €80bn. The clue is in you're name. This market is enormous. Competition doesn't matter.
Also lets be realistic, SYME needs to get ahead of the game as you can imagine if this succeeds then you can guarantee banks will be following the model soon so further competition
yes it is always about market capital not sp or shares in issue
the rhetoric on this one suggests they could have in current environments a leading product
if that then goes global a world leader strange and wonderful things do occur
as posted yesterday just look at Burberry every woman's dream owning one or a few, it was a
minnow on the AIM took off and became a world leader and forget how many billions it ended
up at
to this day prior to the market collapse earlier this year was still MC £10 Billion an AIM share
all on the back of HANDBAGS ffs
so you can never say never, just have to sit on hands and watch the ride where ever it goes
but a lot of pieces are going to have to fall into place to make a jigsaw picture worth billions
probably like many on here , my plan fingers crossed , get to 1p de risk and sit on hands until
temptation gets the bettor of me lol
Global let's see come October. I'm not about to say 3p by the end of next week lol.
When syme hit the market at around say 1p talk was then it could rise up 200% plus on one of the interviews I think it was 27 March but not to sure. Hold and enjoy gla
I don't think people are understanding market cap and shares in issue properly.
Take SNG as an example has Shares in Issue149m with current Market Capitalisation£353m thays why it had room to explode like that. SYME is already at £106 million mcap and shares in issue of almost 33 billion for it to reach £318 mcap we're talking 1p share price. To hit £1 billion mcap we're talking over 3p share price. The question is to ask, is the company worth £1 billion now for it to jump up like that.
Global that isn't as far fetched a price as you think. £1bn revenue with PE of 16 = £16bn.
hopingforbags
excellent post from you .solg came down as low as 0.67 ...ggp came down as low as 0.07 eua came down as low as 0.14 ....and many more ..but the journey here just begun
Global agree and I also prefer to be realistic, saves dissapointment but that said, just read posts below where two or three shares EXPLODED over a few days and before consolidation. That's what dreams are made of and no reason this could not be one of those staggering diamonds in the rough.
Let's not forget SNG only recently, 543% in a day, over 3000% since Jan or March I think it was. Wife made 0k just on the recent one day explosion.
Hopingforbags :- Great post!
Sorry meant to write £16 billion
Yes agree the value of the share will increase but based on current status there are some nutters saying 50p, thats valuing the company at £32 billion, thats ramping on another level, lets get back to 1p first.
they happen quick they happen slow but the 2 you mentioned on the sealion discovery
at rkh i got in when it had already risen from not a lot to 25p latest drill news due so high
risk as been several drills in the Falklands but good news and roared to £5.60p
the best rise on Solg was actually a lot further back before south america in the Solomon
islands in 5 sessions went from sub 2p to 85p , 4p , 6p ,11p ,21p spike to 85p ended day
low 44p
the decline to end up 1p again prior to the south america discovery, Solomon's went nuts
on people not knowing the difference between rock chip samples etc and real drilling
massive grades all came to nought and license later gifted away
wrn came out of suspension went in at 3p multiple 15 deals thing within a few sessions over £3
so some move steady but just keep going other blow the roof off so quickly if your not in waiting
your left sat on the side lines kicking yourself
why did i not get more , ffs almost pressed the button yesterday , is there still time.
Fingers crossed SYME is another like above consolidation or not, just keeps pouring out the
steady rises in Market Cap , deal after deal GLA
Global they can consolidate as much as they like, what they can't do is devalue your holding/take existing profits from you. IE the value of the share itself will increase to counter that
Yes remember that drop from like £1,20 to 30p odd then straight back up on rockhopper plus the solg rise but don’t remember that being so quick though prob wasn’t following it at closely at the time!
SOLG 11p to 80p it was. RKH was more of a steady rise. GKP went from 23p to 110p on their Shaikan find.
It also dropped like a rock ( excuse the pun) during one trading session which lasted no more than a few minutes as mm's wiped up heaps of stop losses before taking it straight back. Having watched that happening I would caution anyone putting stop losses on here.
Puntland was my first foray into shares, what a calamity that was. It did rise on anticipation but many got caught on the spike
Excellent thread thanks to Weathergeek for his comments. Business model makes brilliant sense and potential to multibag
Yep rockhopper ( the penguin ) drilled the sea lion discovery lol
I remember kazakmys did similar, that’s the first share I ever bought then traded in and out of randgold resources thought I was being clever on a daily basis when in hindsight I should of just bought and held! So yes been around for a bit like yourself and totally agree I don’t remember this level of anticipation and excitement as there is around syme for years! Regards to all! Sorry for the reminiscing
Yes Rockhopper, my first 4 bagger that got me hooked all those years ago :)