Roundtable Discussion; The Future of Mineral Sands. Watch the 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.
getting to the point would just like further guidance on what the hell is happening, i said many moons ago that dynasty were "guarded" with their information, up to Q4 21 they at least kept us apprised, since then nothing, no guidance, no more details on IPO (which they alluded to in Q4 21) and no more details on takeover.... something has changed, yes people, war, inflation, interest rates... it is what it is and that stage of the cycle is peaking... so we need to know what now Dynasty?
Satoshipay , well its either in next 4 business days ;:) or during March that PEN gets a listing which provides critical details as to what this is going to be worth to Satoshipay and thus to BLU.
disappointing SP has retraced this far, though not entirely unexpected if one follows fib retracements.
should be a great deal higher "during March"
atb
blu
Agree about dynasty blubutton, plenty of stuff supposed to have happened by end of 2022, January 23. Very much overdue an update!
@gazzleberry
part of the roadmap is the PEN listing.
this is not a plan, it is a listing , liquidity , market event
thus not about time and cost, the pendulum launch roadmap aim to complete by March. thus the listing of PEN "by march"
hence back to original question , PEN listing by march or during march? not that a few weeks matter !!
@ragnarr
many thanks, in business, we realise , that there is a certain amount of "slippage" in any project.
i don't want Satoshipay to go the route of Dynasty and start letting us down again.
hence my statement as to the vagueness of the Satoshipay communication.
If all goes according to plan with some twists & turns I would hope for the following valuations at the back end of next year when Blu plan to cash out of their investments.
Sat valuation of 150m = .Blu .80p
Dyn valuation 150m = Blu .30p
Total cash out valuation = Blu 1.10 which may be conservative but I feel realistic it represents a super return on investment.
Blu - the aim is by end of Feb but I always take projected IT/coding dates with a pinch of salt as its so hard to be accurate with this stuff.
do they mean before March , i.e Feb 28th, or by the end of March ?
its rather vague !!
"We aim to complete the Pendulum Launch Roadmap by March, it can be divided into three phases: Mainnet Launch, Token Transferability Event , and PEN Listing"
https://medium.com/pendulum-chain/pendulum-launch-roadmap-1f4cd7668843
Phase one complete - Mainnet Launched 13th Feb: https://twitter.com/pendulum_chain/status/1625213344998105096
Anyone have any idea on the token transferability event date for pen? I believe that’s the next step?
100% agree dukee.
TF has that rarest of things with regards CEO's .... integrity !!!
he has done all he can to put BLU on the right path to achieve monetisation of 2 key investments, and he will achieve that within the timeline he has specified, given shareholder approval.
its that simple..... end of !!!
https://twitter.com/novawalletapp/status/1626650874125877248?s=46&t=dmq0gYaMB7oPNZiUxQQonw
As frustrating ( for me ) as this week has been. patience is required to find the full valuation here.
As a few have said, we need a way overdue update regarding Dynasty.
We all know that it will be worth more than the current market cap.
Question is, just how much more?
That’s the exciting part.
Regarding pendulum, DTransfer…. Who’s knows how that will play out.
It all seems so positive in their community and especially on the telegram group.
We just have no idea of valuation at all.
The coming months will hopefully unlock some sort of valuations for holders here.
The future here is certainly bright.
Have a lovely weekend all.
Thanks
My money on Morgan Stanley, their CEO watches the defi space like a hawk.
Good post @ ICB888..as you correctly state,the value of Dtransfer can easily be overlooked within the Satoshipay umbrella. Satoshipay may have no current intention to IPO,but surely,the longer they wait,the more valuable it will become.I think it's fair to say that,given current market comparables,we are currently still way undervalued given our holdings in SP and Dynasty.My only concern here is that i can hold onto my shares kong enough, as their value increases toward true value.
I will repost something from a few days ago which I think is frequently overlooked. Helping Dtransfer was the inspiration for Pendulum.
Clearly there is great potential in Pendulum but do not overlook Dtransfer which could be the real jewel in the crown. In the RNS when Tony Fabrizi retook the reins:
“ In early 2020, SatoshiPay announced it was refocussing on B2B cross-border money transfer through blockchain with the launch of DTransfer. This was identified as a major global market opportunity which had scope for disruption through blockchain. Since switching focus, SatoshiPay has made solid progress in building DTransfer by signing up customers and building partnerships.
· While building DTransfer, it became clear that the blockchain infrastructure required to launch Dtransfer as a complete solution still needed refining. This encouraged SatoshiPay's management to seek out ways of providing and supporting this infrastructure, which led to the inception of Pendulum.”
Later in that RNS:
“ SatoshiPay owns 100 per cent of DTransfer which remains a highly attractive opportunity.”
Dtransfer is up and running and has been closely involved with Pendulum. It is perfectly placed to gain first mover advantage in the DeFi forex marketplace.
A very exciting time for BLU shareholders as Satoshipay has more than 1 string to its bow that should monetise very quickly when Pendulum launches.
SatoshiPay owns 100 per cent of DTransfer which remains a highly attractive opportunity.
The greatest value for Satoshipay could well be its 100% ownership of Dtransfer. When Meinhard talked of a Unicorn I think he was thinking Dtransfer would be responsible for that being achieved.
Mmm..
Emmmmm.....
Taking Duke and Blubuttons' estimates,using approx. calcs. :
Moonriver Current MCap = $ 52m
Moonbeam Current MCap = $ 271m
Satoshipay IPO ? $ 240m
Blu = $ 72m = 1.2p per share
Dynasty ? $250m
Blu = $ 30m = 0.5p per share
Satoshipay + Dynasty = 1.7p
Current SP = 0.26
= MULTIBAGGER !!
What are we doing down here at this SP ?
It's a buy more,hold tighter and wait a little longer for me!
agreed dukee
Satoshipay hopefully considering options post PEN, once they gain traction in FX market , even as soon as a few months after launch of PEN , i would reiterate that i would like to see Satoshipay IPO on Nasdaq, the Yanks would love this kind of tech company and it would be allowed to trade on a higher multiple than if listed in LOndon or Frankfurt.
for a company who will offer what has not been offered previously to FX market, what price do you put on that.
however, £200m IPO for Satoshipay = £60m to BLU, or 1.2p per share (approx),.
your figures with regards other tokens , well its insane, i'm still amazed a piece of doge sh5t (sic) goes to that level
PEN has a practical use in the largest market on the planet, i will most certainly buy PEN as soon as i am able.
0.26 is the magic number
And from a value perspective it's independent (well mainly...). There will be some potential cross impact as theres cross burns, etc. But it gets complex.
PEN Is it's own token. There is no reliance on the value of Polkadot. It's basically independent. Polkadot is basically a Layer 0 token - it's the foundations if you like from a building sense. Pen is built on top of it - if you view it like a house, Pen is basically brick work, etc. Serves its own purpose. It's how all tokens and projects work - they all serve different purposes.
Thanks ragnarr, but that was not really the question, if our backbone is Polkadot what does that me with regard to the valuation of PEN, as I understand we will be moving on other tokens as we move forward, but what does our association with these other tokens (and Polkadot) have to do with our intrinsic value? Are we a stand alone token, just using other platforms to exercise our operation of FX? If we gain traction, does that mean that Polkadot will go up in value too???
I know this is a very complicated environment, but if you or somebody else could shed some light it would be appreciated.
Personally think people here are willing to buy but don’t want to feed the seller that’s clearly keen to dump stock.
Let them dump and pick up cheaper stock. That’s how I see it. Thanks
Let's face it, when did a share price ever behave rationally.
I too fully expected a big rally today (we may of course still get one but looking doubtful).
It's frustrating but human psychology is complicated. People miss the rally's usually becasue they happen in the blink of an eye, we all know that.
Shocked at the lack of interest today with just 10 trades.