Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Average contract size.
US market 2021.
Due diligence fee
Discussions with Rolls Royce
Size of StormHarbour being significantly larger
AZ now saying they'll explore Sharia in every geographic region after ME pilot sorted.
Said I see 1000 clients onboarded in 2021. AZ confirm they have they can scale and model is flexible to allow for this.
Repeatedly said the floor for 2022 is €10bn inventory monetised. That slide all but confirms how obtainable that is.
There's probably more I'm forgetting. @Wolf off you trot.
@Wolf I was right about you from the get go. Get lost.
Bumping.
Your few posts are all the same a d the same as people like DA and Wolf. Constantly being needy about numbers and RNS. I knew you lot would do this. Debbie Downers on bigger than expected figures. I ain't interested. Pack your bags and leave.
Dude, go try this stuff elsewhere. Not interested. You guys always all say the same things.
I've stook my neck out several times and been proven right. AZ has and continues to give us figures and enough information to make accurate predictions and projections.
Next geographic region is Oceanic in my view. As there's an awful lot of natural resources and live stock that needs monetising in a part of the world that takes time to export and also is a big FinTech Hub...Auz
It's legit as I watched it live and also took several screen grabs.
Exactly.
Look at the size of the UK pilot. Big market to come.
US pilot will be even bigger. Huge market to come.
AZ stated he will explore Sharia financing globally too very soon. Another multi trillion market.
More banks will come to the platform with their own clients, just like the two Italian banks.
This is a double digit billion pound company in the making.
Within 5 years this will be FTSE top 25 companies
@Jones not only that, but the two Italian banks are bringing forward/ have their own clients and appear to want to finance their own clients.
StormHarbour is €1bn
UK pilot is €500m
ME pilot is €300m
US pilot ...(It's going to be huge boys and girls)
Due diligence confirmed at €16k.
€2.3m from first 142 companies
(€4.3m from next 272 most likely then)
First 142 Companies €1.64bn monetised. €11.5m average
(272 Companies at same rate = €3.1bn
Total would be €4.7bn.
Are people seeing what I have been telling them for some time? €10bn inventory monetized is the floor in 2021.
Called it.
Bumping again because people are being silly.
I hope people realise that the better avenue is to submit questions for AZ, for an interview and to not constantly pester him. Hopefully we'll have another next month too.
Nice for AZ to confirm again no issues with Brexit. Change such as this, no matter the outcome, only benefits SYME as companies seek to hold inventory for longer due to any potential supply chain issues.
Exciting part right here.
"SYME is studying new service models in order to increase its onboarding capabilities."
Already capable of onboarding and is onboarding 50 per month.
50 per month is 600 per year X €15m quoted figure is €9bn.
"SYME is studying new service models in order to increase its onboarding capabilities."
Going to keep bumping.
We have enough sources of finance in my view, to have s great 2021. Enough to monetise up to €10bn inventory.
I personally expect more sources of finance in the next 6 months.
AZ talked about additional sources of revenue. There are already several.
Scalability and flexibility. Two biggest words to take away. AZ and SYME will move fast to meet the demands of the market. This is a true FinTech beast.
StormHarbour on track.
Captive Bank on track.
UK, USA and ME on track.
March securisition on track.
Several monetisation/securisitions running at the same time at different stages from now on.
Three sources of funding; open-funding through the securitisation programme, self-funding through partnerships with banking institutions and the Captive Bank funding.
Average client contract between €10-€15m at this stage
One of the key features of SYME is the scalability and flexibility of the platform. SYME is studying new service models in order to increase its onboarding capabilities. Currently 50 clients onboarded per month.
Once these stages are complete, we will explore whether Shari’a version of the platform could be rolled out in new geographies where Islamic Finance is an important part of the local financial services industry.
@Lucky AZ has spoken about this in two interviews. I've bought it up several times and no one ever wants to discuss it. Mostly because I think most can't even be bothered to watch his Interviews.
I've submitted several questions for AZ for his interview Monday. I imagine 50% of questions were dumb meh when's StormHarbour cries.
Why are we acting as if this is new? I've been talking about it for weeks and never get anyone engaging to discuss it further. 99% of SYME investors do not deserve a CEO like AZ.