Member Info for Crossthetea

The SpaceX IPO will be great for tech stocks, I wonder if the GDNT brokers also feel we are approaching the right time to launch.

Keep at it Wozzer, don't let them grind you down.

Also, I'm predicting a buy out if the GDNT IPO goes well. Maybe that's the real reason for the delay, to give TEK time to set a defence?

I'm waiting for the integration of GDNT tech into the SpaceX platform transporters. Could be a while though.

Bear in mind that we also have Serabi on our doorstep, who have already worked out how to mine the area so a partnership is inevitable imo. Even if they take 50% it will still make JAN a 50M company. With money coming in from the warrants reducing scale of future raises, there is a potentially 3-4 bagger at these levels.

Only around 200k 1p warrants left so the wash is nearly over.

Feeling a bit pessimistic? I can comfort you by advising that you're wrong on most of your points but at least your sums for one vein is ok. Latest data shows the system is expanding and indicates active fluids across a broader framework, and the parallel Molly 2 discovery suggests a multi-vein corridor. The geology is cooperating and expanding laterally. Not saying it will be easy to get out of the ground, but not as difficult as you might think.

Also bear in mind the strikes show significant polymetallics, indicating more value per tonne than expected as we are gold focussed otherwise. Pretty big discovery that is developing into quite an opportunity.

Great showcase opportunity for Guidant. Decision makers will obviously see the service in demonstration as necessary for risk control

Patiently waiting for the inevitable (imo) Serabi partnership announcement, myself.

If they don't have the cash then they will refinance or pay in shares and issue warrants. Tek would probably take the latter to protect it's NAV to be fair.

200k was repaid to Tek for preIPO loans within the last financial year, interest accrued on the outstanding CLNs increased the borrowing value contributing to their loss and the CLNs, around 3M are due to be paid by close 2027.

New customers and lines are being added to the sheet year on year, showing healthy growth for a company at this stage. Salt is being oversold at the moment imo, the results are actually OK and previously priced in to their MCap.

Related: that and the 4M to be paid by Guident potentially from their IPO income puts Tek in a pretty comfortable position, given there are currently no indicators that either Salt or Guident will wind-up any time soon

With that much metal in the ground? That would be surprising. I see a partnership with Serabi in the stars.

Good results for Tek though. Salt is paying off its CLNs and looks like it will have capacity to for the foreseeable. So Tek receives income reducing the risk of placing and as Salts sales increase so will Teks NAV.

Salt OpEx is high because of the setup costs for the new customers, this will reduce as specifications and batch sizes settle down over the next year.

So what is the chance of a takeover bid given this SP and the resource confirmed?

Referring to 'Special Dividends' though. I had to laugh.

He would have to call in some of the CLNs to facilitate that. The Guident IPO is a potential 4.5M CLN repayment. At an MCap of 15M for TEK, that would be quite special even after the OpEx has been taken off

It reads like he uses Gemini, come on Wozzer, put us out of our misery, which AI do you use?

His column/show is called Bearcast, which says it all. Frankly, this seems to have been done reluctantly, and is quite a weak case compared to his other pieces so I would not be surprised to learn that he has a stake in Jangada himself

Wow, look at that pattern. I guess someone wants shares but there is little liquidity on the open, forcing a very strange behaviour by the MM. Never seen anything like it.

Notwithstanding that it just won't work from a technology and planning perspective.

Also, the future of data centre power is off grid, but by SMRs. Geothermal is a ridiculous idea.

Good luck finding funding from... anyone, really.

Well, this is a whole lot of nothing. The cost to exploit this type of IP is astronomical, so the best case for PIs is that Vesari is used as a holding company for IP available to license. There is no way beyond government support that this will go anywhere, green only means something in business if it has a picture of a president on it, unless there is specific legislation to hold to, which there won't be for the foreseeable.

Common sense lacking. I would have voted against it

Nope, sorry mate, you're wrong. The 5B is the IP discovery market value, which is the niche of a larger 160B market for IP generally. So 5B to a 1.5M MCap company is quite a big deal, particularly as that niche is not leveraging AI yet and the big players aren't competing as they are angling for larger fish.

Product is good, I've seen it. Take up is surprising as I didn't expect such a reaction from Asia. North America is the next target obviously given the partnership with Cardinal and change to CMC as broker.

Deals take time, accepting that comes with experience. I'm happy that such big names are already on board to be frank and still think a buyout by Cardinal is inevitable.

First RNS in a while. Maybe TEK finally woke up and realises it has to do something with it's own share price.