Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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phew, almost panicking, thought AZ was pushing business through the mail...
Good recovery from your reverse ferret, Steve.
Keep it up , you might get something right once.
The usual 3 Bs exT
Bullshìt
Baffles
Brains
"The Sunday Times, for its part, has added to the confusion.." translates as -
You hope the Sunday Times has enabled you to add to your own self-serving confusion.
"That £2.5 million sale allowed Liberty to borrow from Greensill via invoice discounting. Liberty was then free to sell the same steel again, this time to a different customer, and raise more cash from Greensill against that second sale." translates as
Sanjeev Gupta, on the face of the article, appears to have committed a criminal offence; nothing to do with SYME.
"Not SYME's business model - and in any case, use of blockchain would prevent this 'double-dipping'" translates to
I'm trying to create panic and doubt, but will ensure I include this caveat in case anybody challenges me
"And more CFO's/CEO's are likely to read the Sunday Times than the Mail. If they read a 'paper' paper at all, nowadays." translates to
I will finish by creating a bit of panic by suggesting executive decision makers will read The Times and as such never use SYME services, even though I have stated it is not SYMEs business model (really weird???).
You are scraping so low in the barrel ex; I trust you have full **** protection gear on?
I appreciate you post to receive wild reactions so your tag team can come on and say everybody on this board is an unstable ramper.
Maybe it works ex, I have no idea.
Good to call you out a bit though; people need to actually read your posts to understand what they don't say.
ATB
I think you have proved that the Syme model blockchain will work and be trusted by lenders and investors
The Sunday Times, for its part, has added to the confusion :
Revealed: Sanjeev Gupta’s circular money trail
Tycoon raised cash from Greensill by selling himself steel
John Collingridge
Saturday April 17 2021, 6.00pm, The Sunday Times
Sanjeev Gupta’s Liberty Steel raised cash from finance firm Greensill Capital by selling steel that it then planned to buy back itself, stoking concerns about how his stricken empire was funded.
Documents seen by The Sunday Times show that Liberty Steel Newport in south Wales used a circular trading scheme whereby it sold steel to a company with close links to the tycoon, which another Gupta business was then to buy back.
That £2.5 million sale allowed Liberty to borrow from Greensill via invoice discounting. Liberty was then free to sell the same steel again, this time to a different customer, and raise more cash from Greensill against that second sale.
The circular transactions raised alarm among several of Gupta’s staff. The disclosure sheds light......etc
Not SYME's business model - and in any case, use of blockchain would prevent this 'double-dipping' - but the over-simplification of words used - 'selling something and then buying it back yourself' isn't helpful if you're out marketing and have to waste time explaining what your product ISN'T, rather than what it IS.
And more CFO's/CEO's are likely to read the Sunday Times than the Mail. If they read a 'paper' paper at all, nowadays.
IMO
Thanks Ndn71..my point in posting in the first place was ‘it’s out there’
Maybe ...just maybe..a few readers in various BOD’s may ask the question who are SYME and what do they have to offer..free advertising..job done ..thank you...pompey
This used to be good fun in the days of ye old internet. The Daily Mail headline generator:
http://www.qwghlm.co.uk/toys/dailymail/
I dont worry what journalists write Wolf, but I wish they'd do a bit of bloody research first.
I can’t stand the guardian either.
I like my news non-polarised.
I wouldn’t worry about it too much the Mail is incapable of writing anything without some spin on it and it mainly read by swivel eyed loons who think we’ll all going to hell in a handcart.
Isn’t the DM getting the wrong end of the stick with ‘unsold stock’ suggestion though? To me that suggests struggling businesses needing to offload stock at low value whereas I understood SYME to be targeting companies with stock moving through the production/sales process, holding its value?
Thanks Pompey,
link below.
'Supply@Me
Supply chain financing has been given a bad name thanks to the collapse of Greensill Capital but there's one firm hoping to show it can be a success. That's Supply@Me, a UK-based firm that listed last year in London.
The firm 'monetises inventory', from unsold couture to washing machines. Insiders say lockdown has left many firms with stock needing to be bought or sold. This could help Supply@Me, if the firm can win the business.'
https://www.dailymail.co.uk/money/markets/article-9482545/STOCKS-WATCH-1bn-bid-winning-formula-Elementis.html
ATB
Daily Mail Finance 18/4/21
Supply chain financing given a bad name due to Greensill Capitals
collapse but with effect of lockdown Supply@ME could benefit from
stock needing to be bought or sold if it can get the business...
Supply@ME mentioned in today’s Daily Mail