Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Bodes very well for our proposition and the possibility of being acquired by a global institution.
https://www.bloomberg.com/news/videos/2022-09-20/jpmorgan-sees-5b-opportunity-in-payments-business-video
Ragnar, thank you for your review.
Why hasn’t there been a RNS if investments have folded? In my opinion the website is misrepresentation of the portfolio which may yield a return therefore misrepresentation of what I am investing in. This may be a legal matter.
We have two eggs in one basket and both are independent companies with absolutely no obligation to report - this by it’s very nature is incredibly risky investing and we have no idea what is going on in either investment. As an example, last November Dynasty was waiting for news on twelve new contracts and would IPO/trade sale and speaking with global tech companies. In April 2021 Dynasty announced they would IPO within a year. Because they are independent there was no announcement regarding the failed IPO or sale to a tech giant and they won three of the twelve contracts which was announced. Looking at Gfinity, Guild, Mobile Streams and other listed and private gaming businesses, this sector may take a long time to mature.
Satoshipay frankly is what it is and may be the golden goose.
As far as seeing 0.15p as the bottom, we have a gun loaded with over 500m shares at our head being c375m of White’s and over 200m of Lew’s shares that, depending on their intentions, may be dumped at any time which I’m pretty sure will sink the SP further.
Gaz, how did you conclude GST is incestuous? Eight members of the BoD and management own 53% of the company so they have plenty of skin in the game which is exactly how it should be. Blu has two individual major shareholders which judging by the last few days, can sink the Sp at will. The outgoing CEO has 200m which he may dump and the incoming CEO when he was previously CEO owned 24m shares so pocket change invested.
Interesting. On 6th Sept he said he was moving from H&L and he also said he would be buying more in September at these crazy prices even if it took him over 11% but instead he’s dumping with no way of buying back with H&L
Having read through the posts, out of the eleven investments in Formation, Leaf, Google, Diemens, NFT, ST Haler, DIBS, Drops, Dynasty, Satoshipay and Guild, there are actually five investments in the portfolio?
MMM Gaz is referring to Derek Lew the CEO of Blu Star Capital. DL is also Chairman of an investee company (Guild) which he also sold down last week at a ridiculously low price. That said, the two significant investments may yield something very large but that’s to be seen. Lack of communication from the BoD is also an issue.
Blubutton, please don’t get on your soap box about DL on the GST BB it has become boring as hell and completely repetitive on Blu.