Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Thanks for sharing your thoughts weedavemac. It's appreciated. š
That should have finished by saying apologies to toffeeman for using his name to describe a trading strategy....I actually ran out of space -didn't know that was a thing. I do have a few other thoughts but fajitas don't make themselves so maybe another day.
And reading back that last post it is a bit of a ramble so well done if you made it to the end.
My brief thoughts in no great order or clarity:-
1. Sometimes this board is a hard place to be. People seemingly more concerned with verbal attacks at each other than actually discussing MOS.
2. The last few posts look more conciliatory and it would be great if we could look to the present and the future. Hopefully rosy future.
3. I think Mark Epstein is being pretty brave to agree to a Q and A involving the Hive. The Hive has shown itself to be no fanbase of MOS.
4. Maybe point 3 is an indicator that there is good news ahead? We will find out on the 11th although I suspect there will be lots of questions that he cannot answer for market reasons. And that in itself can cause frustration.
5. If toffeeman has an average around 0.04p and his strategy is to sell at 0.06p then he has probably played an absolute blinder. 50% profit is good going. There will be a bounce at some point and 0.06p is pretty much nailed on (just my view).
6. Taking point 5 a stage further, that does make buying at these levels tempting (to me at least). And there would be nothing wrong in doing a "toffeeman" and selling when/if there is that bounce.
7. Buying at these levels for most in here equates to averaging down which for some is a no-no. That is fair enough. Personally I have bought some shares at these levels with which I might also do a "toffeeman". I have plenty to also hold with a longer term view.
8. I thought I was doing really well when I bought a decent chunk of the company at the 0.07p ish levels. And I was right- for a while. I am now clearly underwater, which is where no-one wants to be.
9. I am a TR1 holder, and people sometimes think that automatically opens doors and that we must know more things that others do. In reality, for me at least, it simply means that I bought more shares than some others, and at the moment I am therefore more wrong than those same others....
10. While I am not happy to be so far underwater, I am fairly relaxed over the longer term.
11. Moving back to MOS, I concur that EstadioBET is probably going to be the main future for MOS. And Mark Epstein appears to have done well so far to even have us involved. I liked the RNS from the other day. Somebody had paid a lot more per percent to join. And the hint is there that if there to be further investment from outside parties then they will have to pay a lot more per percent again to get involved.
12. There is no doubt that we have "pivoted". But people have gambled for eternity and that will not stop anytime soon. With the partners involved, and the free advertising that EstadioBET will get on numerous platforms, EstadioBET has a good chance of taking a few percent of the Mexican gambling market very quickly.
13. Is there a future for Livescores and Heroes? Without EstadioBET I am unconvinced. With EstadioBET then I think they have a chance. Cross advertising, affiliation revenue etc will create some extra returns.
Apologies to toff
Someone below is correct in saying BET is a startup. Well established betting companies make 5-6%. If BET turns over Ā£10m in year one, which it won't, that is only 500k profit of which MOS would have only 100k. This is theory as in year one there is so much marketing, introduction offers to entice users, promoters to pay, most betting companies make losses to grab market share. We know ME loves to pay for market share, that old chestnut! So nothing new is going to happen for a few years as this venture will keep needing cash. People are almost saying launch BET and instant cash generative which is ludicrous.
I am happy with that Citi. The proof is in the pudding as they say and I understand your passion. Sometimes it blinkers you and certainly has done in the past. For me, I don't think, as a TR1, you understand the influence you may have on investors. No you don't make them press the button but you could certainly be helping them make that decision. Let's see what can be achieved here now, it is certainly a lot more promising than in the past.
Iāll leave you all to it for a while.
All fair points and noted. We are all human, make mistakes and I've said I'm moving on and hope everyone else can too. Let's support shareholders by not making this board bitter and focus on getting to a better future.
City "Give it a rest Amtech itās tedious"
It is only tedious if it's a negative post it seems. How you can sleep at night with your remarks for years saying the "Next RNS will show you all, its huge" etc . All whilst MOS does a reverse 20 bagger and then as a TR1 creating a fake American persona to artificially pump the price. That is tedious.
MOS seem to have no real money to get this off the ground. If it becomes successful which will require a lot more cash, they will almost certainly get diluted out of any semblance of success BET has by the people that will have put the real money in. Their last raise was a disaster, what price would the next one be and for what reason - working capital ? The rest of the previous stuff live scores, NFT are loss making and dead. The wild speculation of ME valuing the NFT platform at 25-30 million whatever it was is just incredible. People are right to call out ME on a lot of things, but you defend a reverse 20 bagger performance, with just overheads to show so far.
So thereās nothing wrong with a poster saying sell then I presume, they donāt press the button either.
I genuinely believe people should buy at these levels with whatās to come if they arenāt already invested or to lower their average as I am doing - whatās wrong with saying that, I donāt make them push the button ?
Good afternoon all.
To me that sounds reasonable Citytilidie.
I think we should all see what the company says over the next few months (including the Hive meeting) and debate that as it goes.
The history has not been great but its the future that counts.
Weāll then stop posting ābuy at these levelsā youāve been saying that all the way down. Are you doing for others or to try and get yourself out the mire. No good posting apologies if you are not learning from your mistakes, itās meaningless and people just see straight through it.
I am going to give this one more try hopefully in the interests of all concerned so here goes.
Sorry if things I said didn't come to fruition but I just care and have lots of money personally invested but I genuinely believed them to be true. Clearly, that is not the case today and I'm hurting as much as you all and for that I apologise. However, the BET venture hopefully will put the past behind us. I just want us all to move on now and this is why I want to say this and we can all just move forward. Deal? The Hive Q&A will be a great way to move forward and build up to the BET launch.
GLA
Lostmoney I have been buying for the past few weeks - you should buy some yourself at these levels to reap some of your lost money back when it rises.
And gets the posts highlighting his awful track record.. try taking a leaf out of Weedave book
Now look at all the posts ,everyone is saying they believe that BET will probably work , when Techno arrived this board turned almost positive with him and Weedave talking about the future of BET , canāt you see itās you banging on about how great ME and everything Mos does is great annoys everyone
City your great business acumen hasnāt proven too good so far ,if it was you would have invested at the same price Toffee just got ..and my post states I believe the share price will climb from here ā¦ , , as it happens I think BET has a good chance ( every new or older investor are saying binary play on BET )and Iāve previously stated the website of TS are impressive, but ME is seen as a problem,The market response to the RNS about progress highlights the mistrust, come on nearly everyone expected the SP to climb ,off that RNS and trade numbers to increase ,now such a āgreat business expert āas you claim to be wouldnāt waste time defending an obvious drag factor he would spend his time promoting positive points ā¦it just so happens the whole ownership of ignite /Krunch are the board ā¦.š¤·š¼āāļø you keep talking of a bigger picture I think itās time you started to see the real picture ,
Ok then, Iāll go with that. Itās all about BET and Talk from now on. Forget the rest itās not profitable and thatās what the market wants to see from this new venture.
I personally think this venture will be a success in time and those, like myself, who have managed to hold whilst the SP dramatically dropped to an all time low despite the constant ramps from the same old, should hopefully reap the rewards. ME could save some face and credibility, again only my opinion, if he were to come out and maybe apologise for his naive comments of the past. The ones still holding from the 0.6p days are the fortunate ones, there will be other investors who may have had to bail at heavy losses. Let`s see what he has to say on the The Hive telegram group - May 13th
Iāll apologise when ME does for this s show over the last few years.
I can only apologise some many times Amtech - i'll wait for your apology in the future about how you were wrong about ME when BET becomes a success.
Regardless of anything that has gone on in the past, 20% of an I gaming company is irrefutable. If itās launched successfully it will immediately put MOS past break even from a cash flow perspective just from the profit share, it will have a growing investment in BET itself on the balance sheet, and it will be billing services into BET. Thatās before you look at any associated benefits of cross selling of NFTs and any benefits from TALK .
Itās a fairly binary play now in my opinion. If BET is a success then the company is completely transformed and moves away from any discussions on raises. The market will respond to cold hard revenue.
Try to be an honest person City
Oh and Amtech try and take a look at the bigger picture.
Lostmoney/Amtech - i'll say it one last time, you are completely clueless to what is actually unfolding here because you can't be bothered taking the time to research it.
Your hatred for the company and Mark Epstein is quite disturbing given you pushed the button to buy, hope you weren't in Bidstack or Gfin otherwise you would have round at the Director's house !