Member Info for callit

OSD,

No flaw.

I would assume 4th quarter 2025 is the 4th quarter of the 2025 tax year, that goes upto April 2026.

Seavoo news is not late, but it is due relatively soon.

GLA DYOR

Colenal, you are entitled to take a cautious approach if you see fit, but that analogy doesn`t match what we have here.

More like they borrowed £10 and said they would pay it back in a year, 10 months later they say hello to you but don't mention the money. They don't ask for any further money, and now you wonder will I get the £10 in a few months as promised.

They haven't defaulted on the debt.

If you borrowed that money from a bank you wouldn't expect them to send the debt collectors until the debt was actually not paid within agreed time limits. You wouldn't expect them to have repossessed your car before the debt was up and then said it was because you didn't contact them to say you were still going to pay what was owed.

It's the act of defaulting on the act of defaulting on the debt that is important, it matters not if there is communication on some other topic and no mention of the debt. If it's not in default it's not in default.

The 'Summer' date is something people got from EVOO's website. It's nothing to do with Sealand or SEAVOO, though there may be a requirement for SEAVOO to use technology developed by EVOO and a delay of EVOO may make some doubt a bit more how that technology is progressing. SUMMER launch was never RNS'd for SEAVOO.

Expected news in the 4th quarter, which will be in alignment with the financial year not the calendar year I would assume.

GLA DYOR

Response from AI:

"Proportion of Software Projects Launched Late

Approximately 90% of software projects face delays beyond their initially stated release dates. This statistic highlights the significant challenges within software development, with many factors contributing to these delays.

Key Factors Contributing to Delays

Late Stage Design Changes: A predominant reason cited for delays is modifications made during late stages of development, which can often be within the control of the engineering teams.

Poor Estimation and Planning: Many projects suffer from inaccurate estimations regarding the time and resources needed for completion, leading to overruns.

Resource Allocation Issues: Shortages in key components or issues with international shipping can also impact timelines.

Breakdown of Project Success Rates

Only 31% of software projects are completed on time and within budget.

Around 52% are considered "challenged," meaning they either run over budget or miss deadlines but are still launched.

19% are outright failures, meaning they are abandoned entirely before launch.

Conclusion

The high percentage of delayed software releases points to a systemic issue in project management and estimation. Understanding these factors can help organizations improve their planning and potentially reduce the incidence of delays in future projects."

So the real questions is, if 90% of software projects are launched late, to what extent should we consider delays in the launch of SEAVOO to mean it all went belly up?

GLA DYOR

Seems like a good charm offensive towards doing business with China could fall right in our lap at the most opportune of times.

"· provide advisory services to international companies entering China and the UK market; "

https://www.lse.co.uk/news/astrazeneca-plots-bumper-china-investment-in-exciting-next-chapter-zudpf53k971o9oz.html

Just to clarify, not asking about your holding here, just what price you'd like to talk it down with all the negativity.

What's your buy in price Ken? lol

Wow! Dreaming of £1.77.

Is that for the whole company,?just checking lol

After a little bit of digging this bit of the RNS stands out to me:

"Computing-power infrastructure and energy technology, with the aim of building a more integrated platform spanning digitalisation, intelligence, computing support and energy assurance."

It seems that after the US bans on exporting NVIDIA GPU's and then backtracking, China has now started restricting them themselves.

https://scanx.trade/stock-market-news/global/nvidia-ceo-jensen-huang-visits-china-as-h200-chips-face-customs-restrictions/30787877

It got me thinking, what if someone were to build datacenters of NVIDIA GPU's just outside the China border and then supply computing into China? Then I thought could this be done from Hong Kong, Is Hong King subject to the same restrictions? So I asked GPT.

Take this wit a pinch of salt as it's often wrong but, this was the result:

"NVIDIA GPU Restrictions and Hong Kong

Current Status of Restrictions

The restrictions placed on the import of NVIDIA GPUs and advanced semiconductors primarily target mainland China. Hong Kong, operating under a separate customs regime, generally enjoys more lenient access to technology and components. This means:

Import Controls: The stringent export controls and restrictions imposed by the U.S. on semiconductor technology largely do not apply to Hong Kong in the same way they do to mainland China.

Procurement Flexibility: Companies in Hong Kong often have greater flexibility to import high-tech components, including NVIDIA GPUs, compared to those in mainland China.

Regulatory Framework: Hong Kong has its own regulatory system, which differs from that of mainland China, making it easier for companies to access new technologies.

Limitations and Considerations

While Hong Kong has significant advantages regarding access to NVIDIA GPUs, businesses must be mindful of:

Evolving Geopolitical Landscape: As international dynamics shift, potential policy changes could impact access in the future.

Compliance Requirements: Companies must ensure compliance with both local laws and relevant international regulations, even in Hong Kong.

Conclusion

Currently, Hong Kong is not subject to the same restrictions on the import of NVIDIA GPUs as applies to mainland China, making it a strategic location for establishing data centers to meet the demand for advanced computing resources. Would you like more information on logistic considerations or any other specific aspect?"

It struck me in he article that the large Chinese AI companies would like to get access to NVIDIA GPU`s include our old friend Tencent(See previous RNS's about JV with Tencent subsidiary).

Of course we also have links to NVIDIA through their connect programme.

Seems we could be in the sweet spot.

Anyway all putting 2 + 2 together and getting 5 and who knows if GPT speaks with forked tongue.

Certainly interesting times ahead.

GLA DYOR

Tir getting all the love today.

Sounds like a placeholder to me, They are not quite ready with the details of the 3 jv`s so they put this out for the time being so they can fot the i`s and cross the t`s.

Generally positive that they are still alive.

GLA DYOR

Silver and gold, whooo

I wonder if any of the new hires will want to take a few shares, provided we are in an open period of course.

GLA DYOR

This lot have a plan.

They have been quietly executing on their plan.

Their plan doesn't involve telling us about anything unless they have to.

Silence does not equal lack of progress.

The plan is advancing nicely with these new appointments.

GLA DYOR

I wonder if Olivia might taker a few more?

Plainly you don't know anyone in the City? lol

Https://www.msn.com/en-us/news/world/china-tells-davos-forum-it-never-pursued-trade-surplus-vows-to-import-more/ar-AA1UAqpV

https://www.bbc.co.uk/news/articles/c9wx1v84rzyo

Lots of money to buy luxury European goods :)

If only we knew an APAC focused, AI driven, platform they could use to do so?????

GLA DYOR

I think they should just tell us the size of the ore body with the CBS in it and give us an idea of the amount and cost to extract,

I assume it`s 1 massive cbs deposit (maybe more than 1)with multiple area of high vanadium within it(the things we are currently calling ore bodies).

Messing about adding bits of material outside the vanadium area to bolt on to resource estimates that have only been done for those (or some of those) areas is vague and difficult for shareholders to get a handle on.

It`s clear they have something there and there is a potential market for it but Investors don`t like uncertainty.

GLA DYOR

2026

Tiny url dot com

It was only a joke link.

going to the moon? lol

********************yc4awtwj