Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
TLSA closed at $1.14 today. Are we now off the hook regarding sub $1 share price?
Article today complete with David Beckham photo in his Guild polo shirt. Massive potential in esports but GILD losing money hand over fist. But whatever, the article will generate some trades on Tuesday. Its worth a read.
Second RNS today.
Currently down 23% at $0.77. Ouch!!!
DSFLAT. Not sure I follow what you are saying. Stalicla have signed the deal with EVG for a specific geographical market. What is left of the world market is up for grabs for "Big Pharma".
Sir, In the old days (probably not as long as we imagine) all private share holders when buying shares would receive a share certificate in the post from the company registrar. This would be the shareholders proof of ownership of a part of that company. Therefore to sell the shares in question you now have to do an internet search to find a stockbroker/share dealing company who are still willing to trade using a paper share certificate. Once found you may have to ring them to explain the situation they may send you, perhaps by email, a share sale form for you to complete. You then return the share certificate and letter authorising sale (by recorded delivery). The company will then sell the shares for your friend at the best price they can achieve on the day. A few days later payment will be made to your friend in an agreed way.
TLSA planning a Phase 2 MS trial with its flagship drug. Small scale trial currently doing ok. The hope is that big pharma come in for a joint venture MS trial.
ACT (wtf wtf wtf) We do not know what the current NAV is of BLU. Whatever is out there is obsolete. I am sure a true valuation will emerge for Dynasty prior to the test the valuation exercise in Q4, and that SP will also make significant progress in 2023. I am sure BLU`s NAV will be significantly higher than 0.19, 0.23, 0.25, or whatever it actually is at the moment.
w. I don`t think there is a rush for valuations or disposals, the attempt at a valuation exercise to test the market is likely to happen Q4 2023. By then Dynasty may already be sold or have been floated. SP should be worth lot of money if it is a success, the share price should rise if the NAV is significantly higher than the current 2.3p (ish) and that is what we all want?
Dynasty could be one big deal away from the big time, prompting a sale or a float. Valuation is $100m minimum for me. BLU holds a 13.7% stake and will receive 13.7% of the sale proceeds. So if Dynasty is sold for $100m its $13.7m for BLU, if $200 its $27.4m for BLU.
How much money will be distributed as a special dividend how much will be retained by BLU for future investment in new opportunities? Share price would rise on news then drop ex dividend, however if SatoshiPay has continued success the share price should recover quickly. If its a float of Dynasty the issue of extra fundraising shares on listing dilutes BLU`s stake, its then either sell in the market or to a buyer for the entire stake.
I think the corporate news today outlines a better business strategy going forward and hopefully a good new management team to deliver it. A lot of buys coming in at this level for the hoped for decent returns over the next 2 to 3 years.
This bunch of clowns should have had 28 MW of capacity now if you believed what they said at the IPO. Read it for yourselves. There is a power crunch NOW due to the cold weather. MAST should be making a mint out these reserve power plants this winter. Instead they only have 9 MW of capacity.
It really is of no consequence though because as soon as the share price raises its head its hammered back down by KIBO selling its large shareholding. Its a lot like that fairground game.
The Board will be looking to start either a full or partial sale of its 27.9% interest in SatoshiPay within 12 months. As already suggested below, this could be a test the market exercise which may not lead to a sale of any % of the holding. We are expecting big things from Pendulum and everything around it in the next 6-9 months, we could see a large increase in its valuation. However if Pendulum is proven and it in some way de risks the success of DT Transfer (can it, will it? please advise) we think the value of DT Transfer success will dwarf that of Pendulum? If BLU need working capital within 12 months I hope it can be satisfied by the realisation of other assets without selling any of SatoshiPay if it projects are successful.
I think this guy is a great improvement on his predecessor. There is hope here but it is a long way away, looking at end of 2025 to have 25 mw of standby power I think. By then we must hope KIBO have sold all their shares in the market. However it would be good if they could offload them to a long term investor.