George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Realistically means Sweet FA until they start proving they can make money.
Device Authority scoop the IoT Security Champion Award at the TechWorks Awards 2023
Https://www.theregister.com/2023/11/27/uks_global_guidance_leads_international/
There is nothing like a few coordinated sales to encourage further accumulation of TERN shares.
Note how weak the volumes of selling have become.
My target for this week is 5p on the bid.
LETS GO !!
Https://www.axios.com/2023/12/01/ransomware-wave-hospitals-schools-mortgages
Disruptive new wave of ransomware hits critical infrastructure
Wyld Networks Announces the Launch of Wyld Fusion as a SaaS offering for combined satellite and terrestrial IoT network management
Wyld Networks announces the launch of combined terrestrial and satellite-based IoT capabilities for the Wyld Fusion platform that provides end-to-end security and provisioning, massive scalability, tracking and payment capabilities. Software as a Service can be licensed independently of Wyld Connect, creating an additional subscription-based revenue stream to Wyld's product portfolio.
Wyld believes that Wyld Fusion is the only IoT network management platform that supports multiple satellite operators along with terrestrial networks and sensors and devices from multiple vendors. Wyld will continue to use Wyld Fusion as its own platform for Wyld's network while offering it as a standalone IoT SaaS service in an IoT platform market valued at USD 8.23 billion in 2023 and expected to grow to USD 17.31 billion by 2028.
Wyld Networks has developed a complete connectivity between sensor and application via satellites in low Earth orbit that enables easy management of IoT networks via satellite," said Alastair Williamson, CEO of Wyld Networks. "We are very pleased to introduce Wyld Fusion to the market as an additional source of revenue to our existing business."
Https://www.consilium.europa.eu/en/press/press-releases/2023/11/30/cyber-resilience-act-council-and-parliament-strike-a-deal-on-security-requirements-for-digital-products/
The proposal aims to fill the gaps, clarify the links, and make the existing cybersecurity legislation more coherent, ensuring that products with digital components, for example ‘Internet of Things’ (IoT) products, are made secure throughout the supply chain and throughout their lifecycle.
Where is Rodney???
Didn’t think the NAV slashing event at InVMA was worthy of an RNS.
Nonsense only please!
£1k net sales Q3.
Expain Alistair….
Https://wyldnetworks.com/press-releases?release=713F75FF215EFB0F
This is a follow on from,
https://news.cision.com/se/wyld-networks/r/wyld-networks-tillkannager-deltagande-i-ett-european-space-agency-program-tillsammans-med-eutelsat-o,c3769333
LSE may bork that link and I can't find the English version.
From the first link,
"As part of the program, Wyld’s IoT module is being built into low earth orbiting satellites to provide radio connectivity."
This probably links back to the Fill or Kill interview,
https://www.youtube.com/watch?v=WHcUc-cMmEE
Where Williamson suggests,
https://youtu.be/WHcUc-cMmEE?t=236
"A Wyld defined piece of equipment..."
So... What better way to get your kit into everyone else's satellites than to provide additional functionality for inter-satellite communications and positioning and, by the way when the kit is not performing that function we'll be hoovering up data from our ground sensors. Free launches and free satellites. Thank you very much.
And, of course, we cannot forget the Space-X angle,
https://direct.starlink.com/
"Direct to Cell satellites will initially be launched on SpaceX’s Falcon 9 rocket and then Starship. On orbit the satellites will immediately connect over laser backhaul to the Starlink constellation to provide global connectivity."
Not without some means of navigation and positioning they won't. Something Wyld appears to have sorted out for ESA, Eutelsat and Thales.
Again this places Wylds operational kit in all the Satellites. The ladz over on ADVFN will love this because, for once, they can honestly say.... Wyld owns all the Satellites.
Https://www.cnbc.com/2023/11/27/microsoft-security-executive-calls-generative-ai-a-super-power.html
I bet tho, now AS isn’t in charge of it goes up, it’ll stay up. Patience amigo, day to day fluctuations don’t matter. Even the naysayers have done one.
If wild sells for billions and the sp doesn’t move, think of it as a blessing, max out the credit card, sell the house, borrow from mum, pile in here & count yourself lucky.
I was wondering why the SP had gone down and then I saw it - an RNS had been released! Even tho' it only points to a recording of the Q&A from a few days ago I fear the MMs and traders have a pavlovian response to Tern RNS releases these days. Oh here's an RNS drop the SP!! I think it would be the same response if we sold Wyld to SpaceX for billions.
Mind you...
In Tim's reply,
"From my perspective it is good that they have secured debt funding rather than equity that would dilute the Tern position."
I do not see that as being strictly correct in as much as if DA chose to convert the loan from Alsop Louie Capital rather than paying it back then that will be a conversion to share capital and given Tern are not partaking it would result in a Dilution of Tern's Holding.
Again my brain might be dysfunctional but I can't help but get the impression that this is not and example of the left hand not knowing what the right hand is doing but rather the entity in control of the hands is unable to explain them in coherent terms or maybe does not even know if they still exist.
Speaking as a Pair of Socks I might be concerned about the location of the companies Pair of Gloves.
"I would suggest that rather than babble about it on a forum you lot contact Tern or their PR man, Tim, for clarification."
Message from Tim copied from ADVFN,
"Reply from Tim.
Hi ****
This is a loan with no different a charge than would be levied by any lender, such as a High Street bank. From my perspective it is good that they have secured debt funding rather than equity that would dilute the Tern position. This is normal course of business and not something that causes me concern, not something that effects the Tern position, not material in the context of Tern, and of course A/L would only have recourse to assets to the value of what they are owed, plus legitimate expenses should DA default.
Best regards
Tim
Tim Metcalfe
IFC Advisory"
Hmmmmm.....
Sisto on the loan to Tern.
https://youtu.be/TemV2vR_0fg?t=5507
Blah Blah Blah. Set against Wyld to be used to fund the other portfolio companies. Then two days later that does not happen. Those were the words I heard coming out of his mouth. Perhaps the interpretive part of my brain is not functioning properly.
Https://find-and-update.company-information.service.gov.uk/company/04676191/charges
The latest charge, notified yesterday, only includes Alsop Louie Capital. Previous charges have also involved Tern. The wording across those charges appears to have remained the same and might be considered to be standard. Try and decipher it but in all previous events the charges have been satisfied by conversion of the loan to shares in the company.
As we know Tern appear to be tightening their belts at the moment. The concern here appears to be that Alsop Louie Capital may have engineered a snaffle situation for themselves. I have no idea but to me that seems to be a reasonable concern. I would suggest that rather than babble about it on a forum you lot contact Tern or their PR man, Tim, for clarification.
It does seem a bit rum that so soon after the presentation this one drops and the company, having been at pains to explain their own loan, did not consider that there might be not some dissension amongst the ranks.
Damn, slightly premature.
Forgot the video link at the time of Sisto's explanation,
https://youtu.be/TemV2vR_0fg?t=5507
Chrome just killed me so my next bit of blither just went down the tubes. From memory of what I wrote,
The Q&A
Then my task buffer overflowed.
I might have other stuff to add but can't reconstruct it other than the idea that Agriculture may be subject to the application of AI. Allistair basically admits[?] that their may have been some collaboration with DA on the subject of device security. TM appears to be to go to source for the application of AI in order to analyse and extract meaningful patterns from disparate data. They also appear to have contacts with Scottish Academia so if Bruce Leith, his name gives his nationality away, wants agriculture to grow a better Haggis there may be an opportunity to do so.
He does describe Konektio as being White Van Man as a reason for dropping them but beyond that from the way the other companies have spoken and appear to be cooperating it strikes me that Koneketio did not take the opportunity to do so and decided not to be part of the family.
Allistair also talks about the involvement with ESA and SpaceX, who is not Elon Musk. This goes back to their roots in mesh networking now being applied to satellites. This may relate to my previous ramp,
https://www.tesmanian.com/blogs/tesmanian-blog/starlink-video
https://twitter.com/Starlink/status/1706718537711337650
""Starlink’s (ramp and insert Wyld's) laser mesh network allows us to provide truly global coverage and serve those in the most remote locations on Earth, including maritime and aviation customers."
However the big one for me is Mr Sisto's explanation about the loan notes and resulting funding that rely on Terns share of Wyld being held in ESCROW in which he states that those monies will be used in support of the other, remaining, portfolio companies. Watch other peoples faces, in particular Allistair's during this...
My take is that Sisto does not get to say this without approval from Allistair. Allistair did so because not only is he confident about the prospects of his own company but he is also confident about the prospects of the other companies, presumably including FVR.
Then, to me, it goes beyond that. As I have suggested these companies are not profit for Tern on Exits. Not wishing to sound gooey but perhaps they wish to grow themselves rather than sell themselves off to the highest bidder at the behest of a bunch of rabid Tern shareholders but in order to do so Tern, having nurtured them, is the best opportunity to do that.
End of ramble.
OK. To continue I mentioned that I had not fully listened to Allistair.
Two things.
He mentions the implementation of security with a Hat Tip to Darron and Device Authority in respect of the extension of that from terrestrial to satellite communications. There have been noises about such a collaboration in the past and it forms part of the idea that there should be some synergy between the portfolio companies. This is an example of that.
The other is the mention of the development of Wyld Fusion via the extension of a known platform, Fusion, already developed for use with involvement from UK Government and Agencies, The Police, and Railway Transport. The last one likely to be a result of their historical involvement with London Underground. This is an example of their past coming to fruition.
Also note that he stresses that Wyld Fusion is built on a platform that is standards based, developed from Fusion, which is both saleable to and customisable for their clients. This is FIDO all over again. You don't get involved in these sort of things to own a market. You get involved to be part of the market that consumes those standards as the go to solution and maintain and grow your position in those markets.
He also mentions Device Provisioning. I have no doubt Wyld already knew how important this is and had ideas, known or developed by themselves, as to how to do this but again the words smell like Devices Authority may have had a hand in crystallising the underlying ideas. In part this goes back to shouting about DA, not, forming partnerships with companies like ST but getting their product approved for use with specific processor and IoT platforms used by people like Schlumberger to make their sensors. If this is what is happening then Wyld gets a leg up because DA has already done that work.
Again mention is made of an Ecosystem whereby Wyld can harness information from their customers or probably manufacturers to grow via a developer forum presumably to discover which processors are used within disparate named sensors in order to generate profiles for them. This is part of becoming a one stop shop but getting your customers to do some of the heavy lifting for you. Oh and mention is also made of assistance for other to implement their own analytics. Now this maybe outfield but that smells of Talking Medicines. In particular analysis of Agriculture and how it responds to inputs and outputs based on action from data collected sounds a bit AI.
Another Hat Tip to Darron in the Wow! look at the prospective size of our markets section. I'm of the mind that TM, DA, and Wyld are supporting each other both in presentation, technical and marketing terms. That's the /a (micro)ecosystem at work.
That's that from the Portfolio companies. They know what they are doing and how they are getting there and, now with Satellite IoT, Wyld has joined that party. I am impressed but, as a Nym on a BB, that may not count for much.