Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good afternoon oldschool,
After waiting nearly 10 years I would be happy to accept £75 million , which if my maths are correct it gives us a share price of 12.5p.
You know when something goes on for such a long time you think it will never happen, well I am at that stage now.
I must admit I skim read the accounts and have never seen or looked for a sum attributed to the license in the accounts. Anyone know or should I look ?
Yes I did know in the dim and distant past there was a figure of $10 million payable which I think kicked off the stealing of the licenses. Is this still payable who knows.
Do you think we will get part or the whole license back, I don’t , especially as TZM are now starting the groundwork for exploration.
For my sins I had small amounts in 2 companies that had claims against governments and both lost. Oxus Gold and Churchill Mining. Pathfinder are different in that they have a high court ruling in their favour.
Yes the license is worth hundreds of millions but how long will it take to get it back and will Pathfinder be successful ?
Have a great weekend everyone
Adamsky
Good morning oldschool, hope you are well ?
I have unfortunately been a shareholder since February 2013, 10 years soon , adding to my holding never selling. I had high hopes that a resolution of some sort was on the horizon a few months ago but as each day passes my optimism dwindles.
As per your question on value of IMM in theory it is potentially worth 100’s of millions but let’s be more realistic and I have set a minimum price based on what our costs have been. If I have missed anything please let me know.
Cost of licence £34,000,000
High Court ruling £1,000,000 approx,
Fund raise July 2011, scoping study etc. £11,000,000
Total £46,000,000
The fund raise happened in July 2011 so I have used the Hargreaves’s Lansdown inflation calculator to look at the value of this sum in today’s money.
£68,000,000
A wild guess, as it will take ages, for fund raising, Mozambique court costs and share dilution.
£7,000,000
Giving a total of £75,000,000
As mentioned this is what I consider to be the absolute minimum acceptable amount to cover all our costs in this sad affair. I would love a BIT claim and win , no guarantee, or should we just get our costs back and walk away.
Adamsky
Scientists design contraceptives to limit grey squirrels https://www.bbc.co.uk/news/science-environment-62096272
TC great post
Aqc888 how many times are you going to repeat that post ? Haven’t you got any other deramping information ?
Best of luck with Exscentia, beating TekCapital everyday, in the wrong direction, MINUS 3.38% yesterday. What an investment wizard you are.
Have a great day
Adamsky
Acq888,
1 Nigel Wray has not reduced his share holding, you lied
2 You don’t know the difference between MicroSalt and SaltMe , you stated MicroSalt is very expensive and then give a price for SaltMe crisps. Misinformation again.
3 You have twisted the rating which you started with Lucyd as the overall rating , which suited you, and now you are giving the lowest rating you can find for one of the sub categories.
SaltMe is 4.3 on Amazon. Misinformation.
No apologies because you have lied and spread misinformation.
Rapidly falling investment are you talking about your share tip Exscientia. You need to do some more research instead of spending your time trolling TekCapital.
I don’t normally post extensively but when constant misinformation, lies and trolling rears it’s ugly head time to reply.
Have a great day as I will
Adamsky
baf3,
There is me waffling on and you have just blown his endless trolling and share tip out the water.
Don’t forget that was with 800 stores we are now up to 2,400.
Aqc888 please answer my questions or you have lost all credibility and like you threatened, but never carried it out, leave the BB for the well researched TekCapital investors.
Adamsky
Acq888,
Do me a favour and copy the three questions below into a new post and reply to each in turn without avoiding the question or muddying the waters with misinformation.
This will then see how accurate your so called extensive research on TekCapital is.
1. I didn’t say I couldn’t read the RNS about Nigel Wray I said I wanted you to show me, maybe a cut and paste will do, to prove that he has reduced his number of shares. Or is this a lie ?
2. You have not answered the question about how you know that MicroSalt is very expensive. Evidence please or another guess or another lie.
3. Show me where MicroSalt is for sale on Amazon with a rating of 2.3
WE ARE NOT SELLING MicroSalt WE ARE SELLING SaltMe Crips on Amazon with a rating of 4.3 out of 5.
If you cannot show this another lie from the so called most researched poster on this BB.
Boy you must be getting desperate now as you are resorting to lies and misinformation.
Ignore this poster at all costs who’s other share tip is down over 50% in a year. FACT.
Have a great day and see what else you can conjure up instead of repeating your previous posts.
Adamsky
Good Morning Aqc888,
Please answer the three questions below before you start deramping TekCapital. Thank you.
1. Please provide examples of outstanding rudeness ?
2. You say that Nigel Wray is reducing his stake, please provide evidence and not just the RNS that is just showing a reduction in % owing to the recent fundraise.
3. Please state and give evidence of how you know MicroSalt is very expensive.
The Lucyd IPO figures were from December 2020, probably as that was all they had available at the time of the prospectus, since then enhancements to the glasses have been made. They also stopped the crowdfunding early owing to prep for the IPO.
Guident is a start up company , of course it is going to be loss making in the beginning, it is it’s IP and future prospects that add the value.
You keep going on about apple AirPods and it’s high rating against Lucyd on Amazon. Just to clear things up as you seem to be struggling with comparing similar products, Apple AirPods are not glasses.
Now about this rating you keep going on about, 3.9 out of 5 is 78 out of a 100, for a startup that is not too bad for the musical glasses.
Should we be listening to our investment expert, I will let you decide.
Aqc888 share tip …..
Exscentia yesterday’s close MINUS 15.97%
Exscentia over the last year MINUS 54.17%
The misguided souls who invest in TekCapital
TekCapital yesterday’s close MINUS 4.81% (London Stock Exchange)
TekCapital over the last year PLUS 62.17%
I rest my case
PS what you haven’t grasped, and your buddy on ADVFN neither, is future prospects that add to any start up companies valuation. Tesla’s P/E ratio is 89x, perhaps you better get on that BB and help them out.
PPS as you keep going on about the neck fan and led glove and mocking Lucyd , different products again , I have also found a product on Amazon for you and your ADVFN buddy to invest in instead of that fantastic share tip you keep promoting.
Try this, rated at 4.8, even above your beloved Apple AirPods.
Earth Rated Dog Poo Bags, Guaranteed Leak Proof and Extra Thick Waste Bag Refill Rolls For Dogs, Lavender-Scented, (ER120), 120-Count (Pack of 1)
Oh yes I have taken this BB into the gutter, if you can’t beat em then join Aqc888 with his ridiculous product comparisons on Amazon.
Have a great day
Adamsky
Aqc888 I thought you had left the bulletin board for good, or have you been told to come back and promote other companies and try to undermine TekCapital ?
I do not have access to ADVFN but it sounds like a concerted effort on two fronts to deramp TekCapital.
Current and potential investors please ignore him as he claimed to be the most researched person on the bulletin board and he can’t spell Guident correctly and mistakes monthly turnover in MicroSalt as annual turnover.
All your research is generalisations, the IC article for example , just because this share tipster gets a few share picks wrong , don’t we all, it doesn’t mean he’s wrong this time about TekCapital
Guident - The FT article is a generalisation, who knows what autonomous safety measures need to be put in place.
Please read the extract from the latest RNS I posted in a previous post.
MicroSalt - wrong turnover and there is no bag of seasoning in the crisps. Also how do you know they are paying for premium placement in stores.
FACTS below ………
RNS - 8th October 2021 in 800 Kroger Stores early 2022
RNS - 9th December 2021 in 1,800 Kroger Stores from February 2022
RNS - 14th February 2022 "This follows on the heels of the placement of MicroSalt's SaltMe® brand of low sodium potato chips into over 1,350 retail stores nationwide, to-date. We are also pleased to report sales of MicroSalts's SaltMe Chips reflect significant growth to $125,000. in January 2022 vs. $3,000. for January 2021, an approximately 40-fold increase. Whilst it's too early to place a firm number of estimated revenues for our chips in 2022 we believe that we may see significant sales growth in the current year," said Guiney.
RNS - 1st April 2022 The Company successfully completed roll-out of SaltMe! crisps to Kroger Company, the United States largest supermarket by revenue. The roll-out has been expanded from 1,800 stores to 2,200 stores.
Combined with other store locations, SaltMe! crisps are now being sold in over 2,400 stores across United States.
Lucyd - what company would IPO in the current environment, very good management if you ask me.
Belluscura - all shares have lost value, you say it has lost a third and TekCapital’s has gone up, really I need a maths lesson as going from 35p to 25p is not going up.
Please can you explain what you are trying to achieve as you clearly don’t want to invest in TekCapital , are you trying to save us ?
As you got upset last time and accused me of insults just because I said don’t bother replying, please feel free to reply with more generalisations , an incorrect company name and incorrect turnover.
Looking forward to it
Adamsky
PS we love a debate on the bulletin boards but not when the deramper has a clear motive with incorrect information.
Part 2 of 2
Onto MicroSalt now, perhaps you could also contact the Spanish venture fund of their serous error in throwing their money down the drain.
From 30th May RNS
Is pleased to announce that MicroSalt, Inc., the U.S. operating subsidiary of Salarius, Ltd. to receive an equity investment of US$400,000 from Spanish venture fund Tech Transfer Agrifood F.C.R..
Also please feel free to warn Kroger of the grave mistake they have made by stocking the crisps in 2,200 stores.
RNS 1st April
The Company successfully completed roll-out of SaltMe! crisps to Kroger Company, the United States largest supermarket by revenue. The roll-out has been expanded from 1,800 stores to 2,200 stores.
Combined with other store locations, SaltMe! crisps are now being sold in over 2,400 stores across United States.
The Company has been able to accomplish this remarkable retail growth whilst also growing its ecommerce sales, with the Company achieving significant sales growth through Amazon at the same time.
So onto Amazon the below SaltMe crisps are rated as 4.3
Amazon.com: SaltMe! Original Better For You Potato Chips - 24ct 1oz Bags - 50% Less Sodium, Kosher, Healthier Snack Pack- Best Full Flavor, Non-GMO, Gluten Free - Less Sodium, Same Flavor. USD$2197USD$21.97
Ray Ban smart glasses are only rated as 4.1
Amazon.com: Ray-Ban Stories | Wayfarer Square Smart Glasses, Black/Polarized Grey Gradient, 50 mm : Clothing, Shoes & Jewelry
So we can all compare different products so does this mean the crisps are better than the glasses ?
I wasn’t sure what your agenda was initially but it has become apparent that you are pushing other companies, come back in a years time and see who is right about TekCapital.
Have a great weekend
Adamsky
PS Don’t bother replying as more insults and skewed comments will only be posted by yourself
Part 1 of 2
Aqc888,
First of all I would like to ask how do you know that you have done more research on this board than anyone else ?
Belluscura has lost value like most shares in the current climate but just brush this one under the carpet as the one proven success of TekCapital’s process doesn’t fit your agenda of publicising another share and trying to bad mouth TekCapital.
Let’s first of all concentrate on Lucyd eyewear as this is the next company to IPO, it has been delayed owing to the current economic climate.
You state …..
“Eyewear that’s going to do a proper job where those people at Google couldn’t succeed with it??”
Google glasses cost $1,500 several years ago, 10 times the Lucyd price and were more of a computer than eyewear. Maybe they were ahead of their time but the cost and technology was out of most peoples pocket and requirement.
Perhaps instead of challenging TekCapital you might want to get in contact with Bose and ask them why they entered the smart glass market. A world leading brand of audio equipment entering a doomed market. If you need their contact details let me know and perhaps you can save them from themselves.
Your comparison of ratings from Amazon for Lucyd glasses and Apple AirPods are ridiculous. Apple is a premium product that you pay a premium price for against a low cost smart glass solution. Try looking at Bose’s own website and their Alto glasses get 4.0 out of 5.0, 0.1 more than Lucyd.
Your posting is scattered with articles that suit your agenda and contain insults like ….
Joke of a company
Falls apart like a cheap suit
A cheap gadget
Tek is remarkably funny
Tek is the biggest joke of a company I have ever researched
I find teks investments so awful they amuse me…
I like to have a balanced bulletin board but not when your opinions are littered with snide comments, then it is time to ignore your rantings.
As regards Guident who knows how successful they will be , Tesla and the likes make autonomous vehicles not autonomous monitoring centres, that is the difference.
First real world use of their software ….
RNS 5th May
Pleased to announce that portfolio company Guident Ltd. ("the Company") has been selected as a vendor by JTA's Procurement Review Committee for JTA Proposal No. P-22-010 entitled "JTA Test Environment" to provide remote monitoring and control services for phase I of the Ultimate Urban Circulator (U²C) Project in the Jacksonville urban core area.
kunningken,
It is always good to have differing views on any chat board otherwise everyone keeps talking the share up and hyping it.
I also like you give your reasoning why you have sold out instead of just having a go and leaving.
I agree the silence from Lucyd could go either way, from a positive point of view we are in negotiations for a sale of the company for many millions OR there has there been issues that have stopped them from listing. As an investor I hope the former but who knows.
The one comment I disagree with is using the Guident news as a smokescreen, this is MASSIVE news that they have actually got an order and a use for their software that since today was only a concept.
I have also just listened to Harald Braun on the Vox Markets podcast , which has been released , and all positive news but the best piece was his comments nearer the end that a huge German company had been on the phone just before the Podcast regarding tailor use of the software and are looking for partners as they do not want to create the solution themselves. No guarantees but could be massive.
As I said I am an investor and only look for the positives. Who knows how high the share price could go IF Lucyd get bought out and Guident also get bought out and Salarius win a contract to supply a major snack company.
My opinion £1 might look cheap but who knows.
I also think it is time they onboard other products as if Lucyd float half their portfolio of companies they no longer have to look after or fund.
Have a good evening Adamsky
oldblue,
Only 17.5%, only joking. I have a few of these as I believe the BOD will deliver this time and have absolute faith in them. I am trying to free up some funds to invest some more. Been here since 2013, maybe this year is the year.
Stay Safe and good investing.
Adamsky
Evening oldblue,
Jarvis is the financial institution that has the low cost broker x-o , this is where I buy and hold my shares so assume this is the accumulation of lots of PI’s.
Hope this helps
Adamsky
Thanks,
I had a quick look but why isn’t the Love Hemp site working ?
Am I missing something, I hope so, but first impressions not a good advert.
Adamsky
Evening All,
Please can someone assist ?
Just started carrying out some research as saw this share tipped on a Telegram group.
Thought a good place to start would be the website, on Safari and Chrome I am getting an error that a secure connection couldn’t be made.
Any idea or thoughts ?
Thanks
Adamsky