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Quote "I can only suggest that you monitor WYLD on Monday. Its listed on Stockholm Stock exchange. 27.2% is owned by TERN only."
Don't patronise me. I own shares in Wyld separately from Tern and have done from the beginning.
On the face of it, this arrangement Wyld has with SpaceX is no different from existing arrangements with Eutelsat... the latter is simply a carrier for the former's data. What makes the SpaceX arrangement interesting is simply the Swarm angle... that SpaceX are clearly in the process of changing Swarm tech... and we're concluding, or deducing, that the implication of this is that Wyld could be bought by SpaceX in order to acquire Wyld's tech and customer base. It's just too much of a coincidence that SpaceX are stopping Swarm production and saying they're looking to 'improve the technology' whilst then promptly engaging with Wyld. This seems to me to be a perfectly reasonable deduction, possibly even a safe bet, but of course it's not guaranteed. Nonetheless, the current mcap of Wyld, at just 14m, is irrelevant. If SpaceX do buy Wyld, they'll pay far more than that.
Are you familiar historically with Tern? Are you aware of the plethora of angles that have affected Tern's share price recently and so are you aware that Tern is woefully undervalued given its assets? Market has been waiting for proof of the business model and a Wyld sale to SpaceX could be it. There is clearly far more going on here than you're aware of. Stop fixating because you think you've been clever and spotted something no one else has.
The interest isn't based upon Wyld's current market cap, which fails anyway to take account of a huge backlog of orders on their order book, which makes cash positive status imminent despite the company's youth. Sentiment is instead based upon what SpaceX might pay for Wyld. And also the implications for Device Authority given that Wyld devices are protected by them. Sigh.
Was the Outlook section of the Chairman's statement not enough? Note the last sentence.
[partial quote] "In recent weeks, CMR has decided to enter Morocco, which stands out as an extremely attractive jurisdiction for upstream and potentially midstream battery materials projects. With deposits of copper, manganese, nickel and potentially other clean technology metals and minerals, Morocco has proven well-mineralised geology yet is largely under-explored. Morocco's main trading partner is the European Union, and its modern infrastructure, proximity to Europe and political stability make it an excellent country for CMR to operate in. For a modest sum, CMR has agreed to acquire 80% of a local Moroccan exploration company, led by a highly regarded geologist with extensive knowledge of the region. This will enable CMR to enter into strategic upstream joint ventures in addition to creating its own portfolio of 100% owned projects. I look forward to updating you as our Moroccan portfolio and partnerships progress."
They seem to have cleaned up the mess left by the last lot fairly efficiently. And when they do communicate,k I find it to be refreshingly clear and candid. But yes, we could do with more.
I think of Caerus now as a tool of EVM. We'll do what they need us to do, and act as a sort of raw materials asset holding hub that feeds them materials for processing. Or something like that. I remain optimistic, although I'm disappointed that things seem to be moving very slowly and would like greater clarification on just what the objectives are.
Overtrader.
Current mgmt used to work for EVM as a consultant. I believe it was EVM who installed him in CMRS.
Jason Cropper is just a vape salesman. Just because someone made a wedge somewhere doesn't automatically mean they're a business whizz kid. I doubt he knows a blind thing about mining or battery metals. He's just climbing on the investment bandwagon like any other punter.
"Sunak says lung cancer screening plan should help UK catch up with other countries on survival rates"
"Today’s example, rolling out lung cancer screening, will really help improve survival rates for lung cancer, something where we are behind other countries, but today’s announcement will help to fix that."
https://www.theguardian.com/politics/live/2023/jun/26/rishi-sunak-nhs-health-keir-starmer-covid-inquiry-uk-politics-live?filterKeyEvents=false&page=with:block-64996b478f084ea43c440803#block-64996b478f084ea43c440803
This is your problem rhodi. You're fixated on one particular mental thread that you think makes you sound authoritative. I asked you what you imagine will happen were AS to be voted off, who would replace him and what you imagine the procedure would be. To answer, you've gone meandering off into your own personal meme again, making no attempt to answer my questions. You're clearly a person of limited education.
And while we're at it, point me to a peer group of Tern's - a VC with a similar business model - that is performing better. These companies make money upon exits, and they have no control over when the appropriate time for exits occurs.
Your constant, negative, repetitive, whining bleating achieves nothing and probably puts investors off. You have one opportunity at a reply and if it's more cr4p, you're blocked like that fool bobsocks.
Rhodi, what new CEO? Who? Where do they come from? Who chooses them? When? How? On what criteria? What happens in the meantime? What are the implications? To many people who know sfa about procedure spouting off thinking it makes them sound important calling for the CEO to be dismissed, but I never see any discussion about just what happens afterwards. It would be massive disruption, that much I do know.
It's going to take a big contract announcement for Wyld to rise. But are they currently seeking large contracts given the size of their order book? (again that slight concern I have about scaling up)
If they're not, we're in for a wait.
Rhodi, who are you proposing should take over, and how would the process work? Or have you not thought about that?
worth noting the following paragraph though:
"consensus data should only be used to uncover companies that might warrant further investigation. analysts often look solely at a company's fundamentals while ignoring market sentiment and momentum. don't base any investment decision on the data. "
for me personally, it's that momentum thing that's missing here, plus an absence of certainty affecting sentiment. in my humble opinion, this won't fly until the dfs is released. but that's just me.. and i hard;y have a great track record as the dire state of my portfolio will testify. nonetheless, emh is probably a safe place to be and i hope to be back soon. i'm trying to play a smart ****d timing game between aston minerals (aso on the asx), wyld networks, and emh. what could possibly go wrong? (they say the secret of great comedy is timing)
anyway, look at the 12 month consensus broker forecasts for emh:
https://www.marketindex.com.au/broker-consensus