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Explorers don't make money? Yes it does. Ggp is an excellent example. You just need to get out at the top....

''£15 billion being the value of all the investments on the Minestarters platform''

Is this in the Rns? Sorry I missed it. If that is the case then they've got quite a big moat already.

As I said, to be a leader in this you would have to be the first mover and be the largest, essentially the size of your network is your moat. This is going to require a huge amount of capital. 3m isn't going to do it. Is it a business? Yes, is it going to make money? Not unless it gets to the top of all their competitors

Makes you think does the CEO need his head checked. This over leaving it in gmet.... incredible

Important for management to think about that on the next investment. Can't go wrong following principals of Munger and Buffet. You can't be doing things outside of it if you are a serious investor.

No way I'm selling for another year. Missed a few run ups this year and kicking myself. I can see this doing a run upwards like EEE easily

Yeah that board is atrocious for sure. None of the other bets are close to funding like Omi I think. Once the institution money comes in this is going to go vertical

It is quite funny to see wsbn board ramping their bag but this is where the next ggp lies. Some big news coming next week I think and it will put real rockets on the share price

Ok so he mentioned up to 3 million investment...quite a gamble then. I feel like this kind of platform is a bit like a Rightmove. You have got to be first and go big from the beginning. bit of an all or nothing game to me, I could be wrong

It is a gamble but I think he is sensible enough to know not to put anymore. I hope

Yeah it is only 1 million I guess. But the fact that Druckenmiller came knocking should have set some bells off. There's still value to be had there...

I agree. Selling to Druckenmiller was a mistake. Obviously the value there has yet to be realized. He's killed a gold goose to chase after the newest fad

This kind of business requires scale to make big money. Basically you want to become the biggest platform in the shortest amount of time to maintain your moat. I hope they have a robust growth plan. I think there must be quite a few similar platforms knocking about.

dl is full of bull****. wait for the rns. trusting his tweets is a bit stupid.

Interesting. Certainly jumping on what is hot right now. Let's see if it pays off. Should have a higher roic than a pure miner?

Are they planning to deploy the cash generated from gmet sale into another mining company or give it back as a dividend to share holders?

I've got both this and gmet. It's interesting to see the difference in management. Gmet has great Comms and has Trump as tailwind whilst Tun has to deal with incompetent labour leadership here in the uk. I think both will do well but not sure which one will outperform

Yeah in the long run Omi makes more sense. Wsbn is a short trade but trades do make money too

Ooh yeah 👍

Wsbn is moving like they've found the next ggp over there. I've got both. You cant stop momentum I guess. The market will take it wherever it wants to