Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. 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.
this has been going on for nearly a decade now.
put lth's out of their pain such that they may reinvest into active companies that actually provide a return within a 5 year timeline.
its just tedious, never has so much potential been wasted (****oshipay could have ipo'd twice by now, 2017 and 2021), dysentry should have ipo'd 2021/22 there is no wonder the market values blu back at these levels.
get it sorted quickly tf
Satoshipay was incorporated in 2014, so if they carry on down this road for much longer they will be on track for doing a decade of feck all
Not exactly a milestone to shout from the rooftops about is it
15 December RNS stated that Dtransfer had 11 clients lined up
What’s happened to them?
I can’t wait for Julys RNS to say they have transacted a fiver on spacewalk
I echo what's been said. Right now feel rather foolish for putting money here in the first place. Still in but see very little reason why.
In know many here are getting a tad inpatient and despondent but I genuinely hope they don’t sell any Satoshipay this year. There is so much going on with Pendulum and all the foundations being put in place, but it will take time to establish ready for the next Defi bull run which in my view is in the process of starting H2 this year but fully gaining traction through 2024 into 2025. So any sale now based on a current valuation would be short term mistake as a 2025 valuation will likely be multiples of that. I am happy to accumulate and wait as I am confident of what is coming but fully understand others may have different timescale expectations.
Hey Ragnarr,
Think people are just completely fed up of the same RNS’s!! No valuation once again. Nothing can change until. The probables with dealing with private companies is they can be failing and they have pressure to tell anyone. That’s the risk of investing unfortunately. Why so much silence from the companies if they’re doing so well? Share price tells its own tail. Very disappointed here as is 99.9% of investors.
Hi ragnarr, In total agreement with your current appraisal. UK markets in the doldrums so BLU is no exception. We know the original timelines are around 3 months behind. I am only expecting positive BLU share price action in December, and hoping that 2024 will see the dam burst. Keep up your great work.
Dave/bob I do understand the frustration and it’s clear that things are delayed from previous timelines, but with tech development timelines are notoriously difficult to keep to and from personal experience rarely kept. From a relative layman’s perspective I cannot overstate how difficult blockchain dev is and much is still trial and error. There is so much dev going on daily in the background, the whole process is mind boggling as is the brain power that does it - and I probably understand less than 5% of it .
For me Pendulum have been extremely transparent With everything albeit a little ambitious in timelines, which is why I am looking towards 24/25 for the full potential to show. We are in the early phase of what could/should transform how finance works but the trad markets don’t quite understand potential just yet.
As for Dynasty I completely agree - the silence there is deafening
All just IMO
Hi all,
from a Dynasty perspective the key news for me is that for a significant amount of time they have not required any extra funding - reinforcing the point that they are self sufficient and hopefully profitable. Unless, of course, they have such a low cost model that they are still using the previous capital raise for everyday cost funding.
PD
Interesting that people are finally catching on that not delivering or communicating isn't a great approach to business.
Duke!! Where are you?!?
It's time to calm things down by telling your cheerleaders that it's different this time
A moronic comment from P78. Blu have no power to make Satoshipay or Dynasty release news.
@ragnarr
everything takes time, fair enough
there is always a degree of slippage in a project , fair enough.
i am very well versed in both financial markets (front office) and business in general.
you do not offer project completion timelines twice and fail to meet both, extremely poor project management and for a listed company can prove fatal.
Satoshipay have issued similar statements with regards, micropayments ( anyone remember them) and then Dtransfer which seems to have gone MIA. so the constant revaluating and reissuing of timelines does nothing for either confidence or certainty.
forgive me, i am unsure as to your market background, markets HATE uncertainty, they also do not like being promised without delivery. this is the reason , amongst others, that BLU find themselves back here.
i am less than happy with how all of this has been managed over the years., TF is doing his best , playing the only cards he has left as without a seat on either board (oversight) for the shekels invested , he needs co operation from the errant investees , which seems less than forthcoming
it will all come together, but it should have done before now on several occasions, you can only grab defeat from the jaws of victory so many times.
still believe 0.4 - 0.6 sum of parts, but they have to start delivering rather than disappointing.
Hi BB,
Share your frustyrations and also your outlook - still enough potential value here to keep me involved. And I also agree with Ragnarr - Satoshi to keep pushing out linkages and code for FX and we will see where that takes us as the next phase of adoption /bullrun hits - likely from the halving next year.
Dull but with potential
AtB
NtD
Blu - all very valid points - one of the hurdles in the crypto space is it is still on the whole run by the geeks not the suits - one would hope this is where Daniel Masters on the board will come into play
Gas - I would agree that is a distinct possibility
PS - shouldn’t be too much longer now for ripple verdict.
Mmmmm!! Something not adding up once again here share price wise.
More buys than sells yesterday and certainly again today, but down??
Very strange going's on.
@gazzle
concur !!
Satoshipay have been serial disappointers. i believe PEN token and nabla / Pendulum will ultimately prove very successful, i think TF is attempting to flush out an early buyer ahead of next upturn... he';s had his fill with Satoshipay i'm sure over the near decade of involvement.
would be advantageous to us as BLU shareholders that large investment bank or payment co maybe take Satoshipay, if it results in £10m / £15m to BLU for the stake then great, the days of Satoshipay being considered a "unicorn" are well and truly over, Satoshipay/Pendulum currently are not fleet of foot and react and move like a constipated tortoise, an investment bank would put some zip into them !!
@pensiondefecit
Dynasty raised further earlier this Year, relatively small amount, its in one of RNS's
IPO market is "reopening" , want to see Dynasty dismiss bunker mentality and IPO into H2. its time !!
Https://www.ibtimes.com/five-blockchain-companies-innovating-africa-3702116
Different link to Pendulum everyday and yet we are clueless to what they're worth.
It is amazing that blubutton has now developed the ability to mind read and tell us what Tony Fabrizi is thinking. Personally I don’t think he is very good at it. TF has been involved with this from the start and investing in Satoshipay was the main purpose of BLU even to the extent of looking to reverse Satoshipay into BLU to get Satoshipay listed. I don’t think for a minute that he has had his fill of Satoshipay with his decade of involvement. Indeed having stuck with it for this long and returned to run the company post Derek, I am sure he wants to get the big reward we have all been waiting for. I certainly invested in BLU for Satoshipay .
TF is only seeking a buyer in order to put a more upto date valuation on Satoshipay. There is no commitment to sell all or part of our 27% holding slough if the offer was high enough then it could happen. If anyone thinks TF would consider £10-15 million for a potential unicorn don’t expect to be taken seriously.
Tony did say a couple of years ago that he thought it likely that Satoshipay would be acquired by a large financial institution so let’s see if now is the time for one or more to show serious interest. Let’s remember Daniel Masters will have lots of contacts and he hasn’t spent a few years as a Director and Shareholder for fun. He is there to make a lot of money from the next big thing in global FX using blockchain.
It has been a long road but the point of serious monetisation is getting ever closer.
@ICB888
Well played sir !
Blubutton does tend to over-estimate the significance of his given word on here.Pompous pontificating,peppered with the gloom of a long and arduous bemoaning of his own investment.
TF did say recently that this was worth alot more than people realise, certainly much more than current SP !
But maybe he is clueless and Blubutton really does know better 🤔
Indeed Gazzle
TF is well aware that a vast majority of LTH's have had their fill of waiting for this to come good, as both Satoshipay and Dynmasty seem in no hurry to unlock value.
hence why TF has taken the independent valuation route, and fair play to him.
TF declared months ago that he would be seeking an independant valuation in Q3. You have done nothing but moan about the need for valuations ever since..just dry up and wait.
It’s all very disappointing
All we get is the same regurgitated statements saying Satoshipay trying to corner x amount of a 6.5 trillion volume market
Or
It is the boards view that satoshipay may have increased significantly
How much longer can shareholders be fed the same speculative old bull for
Copy + paste
Valuations this quarter? I’d have to see it to believe it