Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Why are we waiting bla bla bla bla bla, anyone heard anything, know anything, I'm losing the faith at the lack of announcements encouragements
GRITSTER,, where have you read about Nasdaq listing next week
I sincerely hope you're correct. I think February at the earliest. Then we will hit £2
Never mind that pally. Nasdaq and other news already to go for next week. Exiting times coming on here
People aren't going to get in cheaper than £1.33p.grister how wrong you are. Mm will keep knocking this down. It's all about news =Rns. Not b/s that people write on boards.
How is volatile is this share or mms taking the p###.Think I might move to dotd and you get a div. Will give 2 more weeks.
Hopefully a Nasdaq listing asap, I would assume the current dollar rate can only be in our favour for immeadiate gains given its price in sterling, exciting times me thinks
May it be a good year for the board, our British and Chinese workforce, those with whom the company associates at Xinhuatong and all shareholders.
Www.letstalkpayments.com/fintech-in-china-a-53-point-summary This is the link to the article on bnn twitterfeed
From BNN twitter feed last week - definitely worth a read if you hold / considering BNN https://letstalkpayments.com/fintech-in-china-a-53-point-summary
I look forward to monday with interest on the new classification of stock - we will either continue to drift as before until news arrives of Nasdaq listing or perhaps tech funds will start to hoover up stock which of course will drive the share price depending on any significant sales due to the re classification the other way! It will no doubt be an interesting week either way. GLA
Excellent exposure both in Europe and China! GL. https://www.fcbarcelona.com/news
Another good deal by mercer and co but yet the sp drops. The deals keep coming , hopefully the SP will rise and rise strongly on next piece of news!!
They don't come any bigger than this. Partnership will generate huge income and the deal confirms the companies dominance in China. GL
There are many companies in each province with app payment, without platforms robust enough to take volume if any platform at tall, these will be our new partners imo. Example Vodafone took most of cell nets business in the 80 's , as they had poor signal coverage
The four-fold increase compared to October looks good as does the significant new contract and the prestigious content agreements which are expected before year-end. I am not sure the £120m figure includes all 12 provinces, only 10 I think so further scope for growth there. At least the figures didn’t disappoint and the SP hasn’t taken a dive (as often the case on AIM) I think that there is potential for a significant growth in revenue, I just hope BNN are taking a good percentage of it for themselves. Just the beginning hopefully.
£120m from October to now so just over a month in sales perhaps. (for this part of the business) the company will probably on take 2% or so from this so £2.4 million, call it £2m a month. This is sales so not sure of the net figure / profit figure. This is perhaps why the SP has not rocketed like some thought it would. Good news is that these sales are set to grow once all provinces are on board. Add the revenue from traffic fines etc then sales are set to increase. And this is only one part of the future business with new contracts in the pipeline. The key thing is the platform works and can be used for other lines of revenue generation. Still need a significant profit to justify a MC of nearly £300m. Hopefully these numbers will be enough to get the company listed. The RNS is confident on this front.
To support this contract win, BNN Technology and NewNet is expected to announce, before the year end, significant content agreements with prestigious partners that we hope will drive significant customer traffic to the Xinhua News Mobile app, through our technology platform, thereby accelerating monetisation of the large user base being built and managed by the Group. Also on 19/12 FTSE industry classification changes to internet which I believe will allow much more institutions to get on board : BNN Technology plc (AIM: BNN), the London-listed Chinese technology, content and services company, is delighted to announce that FTSE Russell has confirmed that BNN's FTSE Industry Classification Benchmark will change from "Gambling" (ICB Subsector Code 5752) to "Internet" (ICB Subsector Code 9535). GL
More news before year end. A few days then.
I know this company from when it was DJI and sold too early but not this time GL Listing to follow expected early new year! Darren Mercer, Chief Executive of BNN Technology, said: "We are delighted with the progress we have been making in 2016. Our key partnership with Xinhuatong, through NewNet, and activities within the Xinhua News Mobile App, have returned the Group to revenue generation during the second half of 2016, with a circa four-fold increase in gross sales1 between October and November. This growth gives the Directors considerable confidence in the scalability of our platform and prospects for growth in December 2016 and beyond. "Our strong balance sheet has enabled us to execute quickly on investing in key contracts in the areas of advertising, content provision and new services to be offered on the Xinhua News Mobile App, utilising our technology platform through our partner Xinhuatong. All of these represent sustainable, high-growth revenue streams, supported by our own new, world-class resource in R&D. With significant cash reserves of in excess of £30 million at the end of this calendar year, several attractive opportunities remain open to the Group. "Good visibility for additional revenue through existing sales channels for December and well into 2017, together with our on-going development of multi-revenue channels, gives the Board confidence that next year and beyond will see a substantial enhancement in shareholder value. I am excited by the huge opportunity ahead of us. Our robust platform is pivotal to capitalising on our strong relationships in China as we expand the business to move into significant complementary areas. With our Nasdaq process well advanced, we hope to be placed in a peer group of like-minded Chinese internet technology companies in the new year."
For this company changing from gambling to internet. Lots happening very soon and ramp up of gross revenue (not turnover) is staggering and bodes very well going forward. They are creating huge new potential revenue streams at a fantastic pace. Loads of contracts/collaborations and all 12 provinces signed. We have been making considerable commercial progress this year and, as a result, a number of opportunities and investments which we anticipated would materialise in 2017 are now materialising this year. As such we are now investing heavily in R&D, developing our advertising strategy and pursuing content partnerships, in addition to signing all 12 provinces targeted, through our partners Xinhuatong and NewNet, to the Xinhua news mobile app. This development is welcomed by the Board as a firm indication that our plans are advancing at a faster pace than originally expected. To support this contract win, BNN Technology and NewNet is expected to announce, before the year end, significant content agreements with prestigious partners that we hope will drive significant customer traffic to the Xinhua News Mobile app, through our technology platform, thereby accelerating monetisation of the large user base being built and managed by the Group. In addition, we are in advance stages of negotiation on several significant contracts. These include contracts to support new B2C services launched on the Xinhua News Mobile App, working with prestigious national partners. Our technology will allow consumers in these sectors to make payments and update information with ease and security using their mobile phones. We are hopeful these services will go live in the first few months of 2017. Together with the contracts and initiatives announced today, these new revenue streams represent significant potential for both higher margins and valuable customer data. The Group is very pleased to announce that all 12 provinces targeted for the launch of payment services (utilities, mobile top-up, traffic fines) on the Xinhua News Mobile app have been signed by our partners Xinhuatong and NewNet ahead of the year-end schedule originally indicated. Our technology platform will be launched in these provinces, through our partners, with a total population of c.800 million, representing coverage of approximately three-quarters of all existing utility payments in China.
Don't you just love it when a plan comes together like this? Her's to a good day folks.