Member Info for bonker99

@ LD - I should point out that my suggested 11% dilution of the remaining CLNs will of course put that cash on the balance sheet so all other things being equal, 2.4p is it but this is AIM so maybe they'll have a go at chipping another 10% or so off - fleetingly.

That said, maybe there's enough money out there that's bright enough to realise that anything <2.4p is a gift on current published numbers, there's certainly a few quid being thrown in down here which is no surprise.

Nice attempt to get me off the front page Puddin you muppet :)

Laters.

Reality (in hard published numbers via the Napster valuation alone) lows.

Speculative highs.

An awful lot of speculation on the horizon here again soon IMO and rightly so. This is a very, very interesting tie-up between Napster and the VR stuff IMO with the Singapore/Singtel deal and Napster pushing at Japan - potentially huge/cash rich markets with really low penetration, so far ...

VR didn't take off in 2016, it is what it is but that was then and this is now, you just never know ...

I hear what others are saying about the BOD and they may well be right but regardless, the numbers are what the numbers are.

Millions of Napster subscribers are now freely accessible to anything this mob can put together over the coming months - that's the potential value proposition.

Anyway, see you next month.

Bulletin board panto aside - this is the most rational thing I've seen for a long time.

There was no way to value MVR at £90m+ mcap as it was but the Napster deal @ $70m = £50m (2.4p) gave us this floor.

A floor that adds nothing for any and all of the fine (technically speaking) work done on the VR stuff and app or for the £1.6m cash placing at 3.3p recently, assuming Matchett and co haven't blown that on coke and hookers already.

There's something like 11% of the £50m mcap floor in dilution possible via the remaining CLNs so maybe you'll see 2.1p or so at max-pressure, or maybe you won't.

New ISA year in a couple of weeks - these things have a habit of flooring themselves just before that tax break.

There's a long way to go before what I imagine could be the sell-the-news H1 numbers in September - anything can happen between now and then.

This has "the look" IMO.

Chart view - such as it is.

https://twitter.com/bonker_99/status/1371820341220286469?s=20

There's the £50m mcap = Napster @ $70m then.

Presumably the VR stuff is being valued at £0.

Feeling it.

Down peeps.

Initial Claims 712K, Exp. 725L
Continuing Claims 4.144MM Exp. 4.2MM

An interesting chart view on Silver I think - keep the faith :)

https://twitter.com/bonker_99/status/1369933331312357377?s=20

I don't think many people are taking a blind bit of notice of jobs/CPI etc numbers anymore, they're very obviously total BS.

The last "good" jobs number the US had turned out to be 75% service industry/waitress etc "jobs".

With around half of all the Dollars in the world being freshly printed in just the last year with another c$2t printed from Friday's "stimulus" (LOL) sign-off and no sign whatsoever that it's going to stop, or even decelerate, I think that's the Daddy number that trumps all others for the forseeable.

It simply has to be Stagflation for the very forseeable IMO, there's no other way out of the debt trap we're all in now.

My Gold chart BTW:

https://twitter.com/bonker_99/status/1369358700817813507?s=20

Looking for $2,200-2,300 then c$3k, possibly on a blow-off top, some time after.

Morning.

Yup, Gold & Silver seem to like that as you would expect/hope - let's see how it goes.

Having fun yet? :)

This next few weeks is going to be really something IMO :)

Morning.

Seem to be catching a bid here - as are other big PM miners - no more than a month or so until we find out what's what IMO.

Golden Cross (MA50>MA200) on the weekly @ 206p helps the tech picture of course.

My chart view on Gold:

https://twitter.com/bonker_99/status/1367067319403487234?s=20

Goldman Sachs chief lawyer is toast - continuing the rout at the top of their crime chain.

I do wonder if their recent purchase of the Perth Mint Gold ETF has anything to do with this rout.

https://www.etfstrategy.com/goldman-sachs-completes-acquisition-of-physical-gold-etf-aaau-perth-mint-384954/

FWIW, I'm still eyeing the back-end of March/April ...

Morning.

That reddit WallStreetSilver billboard campaign has now raised an amazing $73k (CAD)!

Big week this week, Fed jawboning all week.

Blimey, nearly $50k (CAD) raised in less than two days for a #SilverSqueeze billboard marketing blitz.

https://www.gofundme.com/f/silver-squeeze

My Gold & Silver charts BTW:

https://twitter.com/bonker_99/status/1365420223407529985?s=20

https://twitter.com/bonker_99/status/1365614973402103812?s=20

Like anything else you've got to know the market - buying and selling - the silver Britannia coins I bought just a few weeks ago are already going for +20% on Ebay. Clearly, offing a 5kg lump to retail will be a much less liquid market.

Yes, VAT sucks but at least you duck CGT. No VAT or CGT on gold but again, know your market for when you come to offload and many people expect silver to outstrip gold in percentage terms on the assumption this all catches fire. Also bear in mind that anything you have to pay VAT on applies to everyone else too so for a given known quantity it's already baked into the resale price, at least when selling to retail.

Everyone has their own targets but the $48-50 range is obvious to most - personally, I like Silver @ $125 and Gold @ $2,300-2,700 for a gold:silver ratio of 20.

Nobody buying physical is doing it for a short-term trade - I've got my eye on Q3 for a top of some kind.