Member Info for ARahim

It seems to me that some posters are confusing the syme business model with physical models of other businesses.
How can a Japanese or Chinese or American banks link with their customer 'companies borrowing money against stock'.
Syme employees do not need to be in all those countries. each bank will have a set of trusted valuers and insurers locally who can use the syme platform to supply certified stock values and banks act on that locally unless there are some big businesses in small countries, who need consolidated loans from other countries. what syme employees do is to supply the network that allow them to register and communicate securely, and when a deal is agreed a 2% goes to syme account. it is a market maker for stock owned by producers. The closest model is the market for commodities. The only difference is the commodities are owned by miners and farmers.., 'real producers' but in our case it is owned by companies for future use.
please correct if it is wrong.

jd888, is that so? This is why I could not walk properly this morning. I am holding tight even if I will need a new chair.

Mali army want to govern for three years to change the constitution after that elections. It may be positive for kod, as a new designated gov will be soon in action.

It is obvious those sold out would wish a retrace so they can load again. The business model is sound and still in its early stage of expantion. don't expect competition to nest
from somewhere soon. SP is still in its infancy given what is expected. SP will reflect expectations not current income it will move fast. This is why director invested 1.5m at 0.7.
Buy and hold. It will be very hard for completion to find a foot hold once syme is evry where in companies and back records.

The sp today manipulation is as usual done by RF to ease their monthly download.
as to archiving of the ML although They said it does only need a signature. Well but it may need a bribe as well to ease it down.
It is just speculation, but we are in Africa. Here we are, the minister itself being archived.

I don't think chinese wi!l provide 120m for a company run by local contractor. The ml delays experience and sample is enough. Chinese contractor with local workforce is the way forward.

The good news is, the wet season is coming to an end with little civic 19 impact on Mali. The dry season is not suitable for civic 19 transmission there. But one might argue, they can't use air conditioner in offices either so they can't deliver ml in time.

The more drill results are delayed the more chances of JVs. Gino it is already wet in london, keep dry broth.

The contractual company that is going to run lithium project has to show some commitment by buying a stake in the project.

Resolute, is still working on exploration and may be fs as well. They have to spend at least 3m by Feb 2021. we can use any income from that for gold exploration.
Bogouni does not need any extra cash. Getting ml and finance, it will be an independent company, that is it they don't have to help kod with extra cash for other costs spent on developing the project.

You see how palatable the idea of third party dfs is to you!! But there is no third party dfs. No one asked for it. BA is still working on in house dfs. This speaks volume. We are happy with the way things are progressing given civi d 19 delays. Have some faith people.

If they come back, they will want to use the market to raise funds for expantion. It will be a weak posision, hence heavy delution. Keep shares only if they give you access to the bard. Being in private with little shares you will be the last to know. The big boys may decide to sell it for spare parts and say it is in the best interest of all.

This is my reading of what is going on on both sides: finance and Mali politics in the covid 19 era.

FS vs DFS: as the mining plant changed size and budget, borrowing money from banks become obvious, hence the need for DFS.
BA and SC and Mali gov are all happy with FS as it is so ML will be granted in time. DFS is likely to be brought to the front as talks for finance with banks took place. At the original plan, both BA and SC where sure they can provide finance without the help of banks, as the original plant was small. Given the conservative nature of BA, the speeding tickets and the will of SC to keep the competition off, I guess DFS will be more fare to shareholders in general, it will match or exceed FS value.
DFS will be produced by external party to give independent view of the situation. Extra waiting time may rattle BA financial plans, so better be cautious about spending on gold at the moment.

Mali politics and possible outcome:
Malians being watching how politics unfold in their northern neighbours for a while now and decided to give it a go themselves. what are their chances of change.
1) Algeria, strong army and economy and not willing to repeat the 10 years civil war, helped to change the gov by the help of the army peacefully. The prison population is still growing there by big pockets and despots.
2) Lebanon burning out, they have no strong army or economy and the political elite are holding power through sectarian divide.
Mali has no strong army or economy, the army is barely covering the southern part of the country. This is why the presidents of west African nations advised to keep the gov as is and proceed to some changes. The model in Mali is closer to that of Lebanon but better still if they adopt the Tunisian model "take what is on offer and ask for more, Progressive pressure". That is if they don't go to the Libyan experience.

Latin, you mean they will share the spoils with us?

ThePunter, money is not cash, it is much larger than that. Selling at 2p and buying at 1p will not make money for everyone people have averages, expectations, and strategies. Simple arithmetic is not math either. Otherwise we could have seen all warrants already sold. What are they waiting for?

Geno, you may be wrong in assuming that sales at 2p would double their money. No all warrants holders have that low average, these are long term holders, although some of them may have averaged down before s p surge. This is the trick here the next few days if still there are no news and no sales then sp may gain the losses and probe how many low average holders are still there. Wait and see.

Warrants are offered for investors or committed share holders and directors as an incentive to keep them committed to the business success. Usually warrants are the right to buy share at higher price when sp improves. In our case they are set to 1.25p, but because sp is much higher and warrants owners don't have cash to just add to their holdings, the market is negotiating a new price where sales of existing shares to finance warrants is no more attractive.
Given the expected news and jv it is a poker game at the moment. It is high risk to sell expecting 're buy cheaper.

For me, ML = 0.15p, OTA = 0.25p - 0.35p, finance > 0.60p.
This is not for bib to bite on.

It is clear as day light what RNS said, 2% sold 4% still on his name, no warrants. The question is, is this is the only account he has access to? No wife or son account of investment fund with plenty of warrants some where in tax heaven?

You never know he sold or not, may be the cash will be used to exercise warrants.
Sell at 2.2 and bay twice the number sold at 1.1. The tiger will tell.