Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
@WG welcome back.
Some of you are overly dramatic. Most posts on this chat are utter garbage, whether they are pro or anti SYME. I manage to miss almost all of it because I just glance at these garbage posts. I'd say this, some of you need to practice what you are preaching to WG.
@WG, if it's numbers you want to discuss I'm all ears and eyes.
Got some interesting stuff I want to bounce around with you at some point.
Biggest take from that is the average is client contract target.
€15m.
Been telling people to increase their figures for a while. Having a target like that makes running the numbers so much easier now.
600 contracts @€15m = €9bn inventory.
Just a reminder, Captive Bank will monetise up to €4bn inventory next year.
Since then the US market had been added and SYME is also Sharia compliant. Two markets that were not planned for 2021.
The floor in 2021 is £10bn inventory monetised.
That would equate to 750 contracts at £13m each.
SYME is already capable of onboarding 50 clients per month.
Epic SIM are meeting their targets this year and will recruit a further 250 clients in 2021. Again, this was all planned without the US or Sharia market.
I stand by this, I think SYME will monetise £20bn inventory in 2021 and the floor will be £10bn.
It's also important to note SYME has multiple revenue streams already.
Due diligence + onboarding
Inventory monetisation
Insurance brokering
New exciting revenue stream relates to Sharia compliance and a short term revenue stream that we will learn more about soon.
More revenue streams to be added.
Regarding P/E ratio and PEG ratio. Why? Because the posts are lame again. Time to highlight why this will rise significantly.
2021 is going to be huge. US market too. I am genuinely excited about the next spoke. AZ is constantly seeking out new opportunities.
Fantastic update. It being Sharia-compliant is effectively finding a new revenue stream for SYME again, already. Looking forward to more details but AZ saying it's. Onboarding revenue stream, due diligence revenue stream. Client contract a revenue stream. Insurance revenue stream. Data a revenue stream at some point too. Now, this too,
As I said the other day, the scope is huge regarding Sharia. It's not just applicable to Majority Muslim countries, it's applicable to every corner of the world. Counties, companies, and individuals that have to be Sharia-compliant will be looking to funnel huge funds of money through SYME'S platform, irrespective of the current business model. Hence AZ calling it short-term revenue.
He stated funding wise we have EPIC SIM meeting projections, Captive Bank, two self-funders in Italy, a global asset manager in the UK. WOW. But unfortunately, he can't just name them all.
News on Stormharbour and UK expected within a few weeks too.
When the share price can move like this on no news, strap in. As I've said previously, when this spikes it will be significant. 50-150% in a single day. It's coming soon and it's long overdue.
Just another RNS that makes £20bn inventory monetised in 2021 even more likely. Everything is falling into place. RNS contains the numbers. This appeals to a global market.
Despite the big spike at opening, not many shares have been traded. Tight arse institutional investors.
I'm a long term investor but I'm starting to get really annoyed. These guys are getting in at the bottom of what will be a multi billion pound valued share. They need to stop being such tight arses and pay +30-50%, get the shares they are after and then stop holding back good RNS's.
@MarkoOiler
Spot on. It's rollout worldwide is going to be so rapid. Confirmation here of just how big the Shari'a market is.
$3trn.
So much has occurred with SYME in the last few months that when things going quiet for a few days, the silence is deafening.
Just patiently waiting on movement that pushes us to 1p a share.
Reading the thread it definitely is them. This is one of the two Italian banks. Hopefully we'll get news regarding the other soon too.
We can clearly see why they are interested in a long term relationship. This partnership will be significantly larger than the Captive Bank.
https://mobile.twitter.com/Stocky_Bill/status/1322525293110841345
Disappointed to not see a significant rise. This share price is disappointing considering what we currently know about the business.
Interesting that they chose one financer for Storm Harbour. Explaining how they want to establish a long term relationship. Which is great. Hopefully in excess of the Captive Bank figures at some point.
There are multiple routes for financiers. For me banks will bring their clients to the platform. Financiers that tend not to have clients in the same way as a bank will support clients that come to SYME and then these two and the Captive bank will fund as s collective, big client contracts. As a hypothetical, rolls Royce £500m contract over 3 years.
We got enough info in that RNS to speculate who this sole funder is. So who are they?
RNS tomorrow then?
Today's volume is tiny. Price not being moved up or down to get more private investors shares. To me this indicates it's finally over. News imminent.
Some of you can write a novel and still have zero substance. Only about 4 people I bother reading here. The rest is just utter ****.
Loooooooool