Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I know what invoicing is, I just don't know why £0.3m is "significant".
THRU recognise hardware sales as being 1 of 2 types: Ex-works or Bill & Hold.
The IAR says this rgarding Hardware Sales:
"Revenue from the sale of Thruvision units and accessories is recognised when or as the Group transfers control of the asset to the customer.
For Ex-works (Incoterms 2020) sales this is at the point the goods are made available to the customer for collection.
Bill-and-hold arrangements occur when the Group invoices a customer for equipment that is transferred at a point in time, but retains physical possession of the equipment until it is transferred to the customer in the future. This might occur to accommodate delays in a customer’s readiness for installation, or a customer’s lack of available space for the product."
The IAR says that Bill & Hold revenue recognised at year-end for FY23 amounted to £0.3m. That doesn't make up a large proportion of THRU's revenue, so why do you think it is significant?
I'm still asleep. All of Bill's plans and predictions and trying to get a sale when it was obvious that no one was interested below 2MOz have now turned to dust.
I liked the new CEO interview, but at this point I don't even know what I'm waiting for. Back to sleep. zzzz.
The whole market is down. Net outflows from UK markets are massive. No corporatw confidence in UK market or Govt. Nothing specific to REAT.
If you've heard the recent presentation then you should be confident that REAT have a great chance at providing market-beating returns from this point onwards.
If you're looking for false correlations between events and the REAT share price, you might as well say that the longer Nadine Dorries is absent from doing her job the more REAT's share price will decline.
Amongst the flurry of RNSs released, the employee share allocation plan has awarded another 1% of shares to 5 bod members, who presumably will vote against a low-ball bid for the company :)
And a tit-for-tat RNS today from Rx3 who state that they are only offering 56p per share out of the goodness of their hearts because technically they could get away with offering 40p.
Don't sell your shares on the cheap!
If you need a company like GAW to hold your hand, maybe private investing isn't for you.
But September's Trading Update will include some numbers from the Leviathan box set launch, so could possibly be GAW's best ever quarter.
Decent volume today, and all trades at decent sizes too. No single figure buys/sells, a lot of them are in the thousands (GBP).
Liquidity is essential for an orderly market and for stable growth in the sp. The churn we are seeing today is a very positive sign.
Chunky sells being mopped up with ease and a constant buying pressure gently pushing the sp higher, all underpinned by the great news coming out of the company.
A rare beacon of positivity in my pf ( and the UK stock market).
Regarding the upcoming CNIC investor presentation, if an II wants to take a stake, CNIC can flip the shares held in treasury for a quick and tidy profit without having to dilute PIs.
Sound business from an astute bod.
No, it's a joint services offering from both companies. Like an in- house referral system.
So Cannaccord sold nearly 1% of the company.
Either selling to someone off-market (looking to build or add to a stake), or selling in the market (and the sp ROSE today!?).
Either way there is high demand for DX at the moment. 40p looking likely to get breached sooner rather than later.
Is Richard Heejae Chae buying again...?
4 trades today, each one a large round-numbered purchase, totalling 74,000 shares.
Just relax and be patient, and top up when you have the funds.
This will be much higher in the long-term, so don't fret the day to day fluctuations on low volumes.
It's our little secret for now :)
The thing to look out for is September's Trading Update and dividend announcement.
The recent set of results doesn't include the Leviathan box set and 10th edition release (which was the biggest ever Games Workshop release) and the game is more popular than ever.