Member Info for Augustus_

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What does that have to do with Tern?

You posted the same thing on the eme page, and I gave you the benefit of the doubt considering their current situation and sector, but this has no relevance to Tern whatsoever.

I can't get a live quote at all on HL

I recently posted some figures which indicated the vast discrepancy between the inherent value of Empyrean's share of Mako and the current EME market cap.

I encourage all investors to do their own research and not listen to strangers without verifying their claims.

https://conradasia.com/investor-centre/

(In the event the URL is censored, go to investors page of Conrad Asia website. Alternatively, the ASX site lists all RNS for each company)

RNS from 2nd February 2024, titled Investor Presentation. PDF will download upon clicking link.

Page 11 of presentation, 2nd header titled Domestic Market Obligation.

The following excerpt is taken from there:-

Conrad is subject to a domestic market obligation (DMO) requirement set out under

the PSC, requiring supply of 29.5% of the Mako gas to the domestic market. The

domestic gas price is $5.5 per mmbtu as agreed in the revised POD

Gross

Yes,that's right

Based on figures released by rns already, we see that the domestic gas sales agreement is priced at $5.5 per mmbtu.

Today we have confirmed for us that up to 122.77 trillion btu has been signed off. This will be at a lower price than the export GSA, but forget that for now. The domestic GSA alone is worth $57.3 million, which I think is around £45 million. Posted after hours so you can dyor before 8am.

Nothing wrong with that, amc

I have no intention of selling down here but I do quote both ways on high volume days to compare actual price to advertised.

Fwiw I couldn't get a quote even for 50k earlier, but that was before I went to the post office. I haven't tried in the past 45 minutes at least.

I've been in this company for many years, this asset should be worth a huge amount to us.

Today's news is just the starter, and it's unlikely that the domestic GSA will even be utilised as the infrastructure is not built, planned to be built, or even an obligation for the company or it's JV partners to build.

However, it is a step closer to the export GSA which will be priced much higher than the legally required domestic GSA. I don't want to predict value to EME's 8.5% stake, but it's multibagger territory to say the least.

I missed the 3rd o in the filter box. Wondered why I could still see the post. All flushed now though.

No point selling at this point. Hopefully the seeds of economic recovery will attract an RTO to offer some kind of value here.

Funnily enough, I can think of a few potential candidates in cyber security (not that the sector matters in an RTO).

Device Authority are winning industry accolades across the board and their majority holder Tern plc would be glad to facilitate a London listing for their flagship investee.

Quarterly update, strong progress within the quarter towards GSA, aiming for end of May at latest.

Looks like a good Q2 coming up

The board get 10% of any sale

No it's crypto. Litecoin. I'm trading it against bitcoin.

I'm bullish on LTC at this level

Perhaps a licensing agreement? Purely speculating, naturally.

Let's see what tomorrow brings

Re: dropping of 'virtual'

Well spotted. I would have thought rolling out a fleet of satellites would be costly. Is it more likely that they have negotiated something with Space X?

Https://conradasia.com/investor-centre/

2 seperate RNS for the presentation and accounts, both worth looking at

Conrad say that the GSA key terms were agreed in September 2023 and is expected o be finalised in the coming months.

I'm bullish on Tern, I've been holding since 2017 and I've taken advantage of previous spikes to profit on fluctuations when I deemed appropriate. I'm pretty well researched on the investees. I have an idea of what I can make here, and a rough estimate of how long that may take. Obviously all guesswork, but let's see.

I recommend nothing to anyone, but I personally have filtered sharebel for the same reason I choose not to crawl the streets licking the pavements clean. That's the value I attribute to the posts I've had to wade through to check for any reasonable input today. Goodnight x

Consolidation is inevitable after a +100% rise in one day. The way this has held up shows that there is substance to the rise. I find it peculiar that people are suggesting the rise was a p+d when there is no trace of it on any forums. The news dropped, people bought. Haven't sold a bean myself, and won't anywhere near these levels.