A few snippets from last Q&A..9 Mar 2022 11:06
... on Friday 25th Feb..and since then things have got even better for Tally.
Evening @99Treble as most of Tally’s money is held in Tally, and so we have benefited from the gold price (finally) starting to reflect some of the macro economic factors that have been in play for some time such as rising inflation, low interest rates, and now, unfortunately, war in Ukraine.
We are on track for IPOing next quarter but time continues to fly by! But we continue to drive hard on evidencing growth in our core business and restructuring our mining investment assets.
I hope not @Carolwhiteshusband. We’re pushing hard to be able to demonstrate the value we’ll need to list before the end of our financial year. And with the gold price finally starting to move again in a bull market our timing should be good.
Yes, most of our cash is held in tally.
It’s safer, not devalued, protects us from risky lending bank practices… we either believe this stuff and put our money where our mouth is, or we don’t. And we do.
RB isn’t an investing company and when they raise money from VC’s it’s not part of their pitch to invest in smaller upcoming IPOs. It’s a perfectly good idea IMO but its not what they do. I’ll certainly let Nigel and Clive (RB founders) know when we’re raising for the IPO. I agree an oversubscribed IPO should be our aim, and it is.
Hi @aman_badboy hope you’ve been keeping well. As stated there’s still a tremendous amount of work to do but we’re powering through it and we’re still going for a listing before the end of our financial year. Just want to get going from £30m valuation. Better for market sentiment if it hits 5p on the market.
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