Member Info for djwall1s

The 'perils of AIM' are obviously benefiting readthekandles given he's got himself verified at some expense.

I'm certainly not encouraging him purposefully. I wish I didn't have to agree with it but unfortunately there are elements in there that are not untrue to my eyes.

I do think GH is highly capable with a good team and can turn things around favourably. But time as ever, is ticking. And I'm purely making the point that no matter how awesome the assets are, it's what you do with them that counts. And AIM no longer sees holding a potentially staggering asset as a big deal. It started to treat it as a negative some time ago and the real value now lies in converting a thing into cold, hard cash and profit.

It remains to be seen whether we do. We will find out if GH is bold enough or whether we remain a company that collects prospects. Because that's how AIM views it, and values it. I wish it didn't have to be but here we are.

As uncomfortable as that post is for me as an investor here, there is a potential element of truth to it.

We have some of the best prospects of any AIM company on the planet and yet here we sit, caught in perennial limbo land whilst the management sluffs off rocks at surface, which anyone could do.

I come back after a long spell away and find the Tasmanian assets are still no nearer a conclusion and very little word on them, as the company turns its attention to telling investors it's keen to hoover up more 'new projects' without a satisfying outcome for the ones it has already. This does now concern me, because I genuinely think investors have waited a long time for some compensation. Any many of you guys have been waiting a hell of a lot longer than me and have supported this company through many years. This isn't a startup concept or project, that may take time, it's an established AIM exploration company that survives because there's a gravy boat of cash available but without ever selling off or near completing an asset to reward holders.

However I do think there's hope. And that GH is aware of this and likely wants to complete projects. It would certainly look better on his CV.

Again, it comes partly down to whether you are silly enough to believe the marketplace only has room for one of everything.

And yes, paid shilling is a thing.

Oh for god's sake, grog, stop pretending you care. You guys are only here to push a certain someone's personal agenda.

We're in August, and we have until September. Whatever happens eventually, we're a long way off it yet. There's no need for this atm. Just have a month off will you.

b1tch1ng, was the word LSE have starred.

Dan's Twiter page is a mess of politics, ******** and fighting with just about anyone.

He heavily pumped AST a few years ago and when his expected 'takeover' didn't materialise as he excitedly led his followers to believe, he turned on the company and now spends all his time bashing it.

It seems to be a pattern with him where he ends up fighting with what he initially supports once he's had his use out of it as far as I can see. He was once quite interested in UKOG initially, and then ended up turning on that, now bashing it non stop. He was initially okay with David Lenigas, then ended up fighting with him. Currently he's arguing with a female journalist on Twitter, making friends, just making friends....

Sounds about right then.

ADVFN is a troll/shorter paradise aligned with Tom Winnifrith and pals, who Bmd alternatively fights with and sucks up to in equal measure. Why his followers cannot see how he is potentially doing exactly the same as he accuses other people of, is beyond me. It's just a horse of a different colour to my eyes.

Was the ADVFN awards?

The main premise of his new article on NTOG appears to be that a bunch of blokes got together in a pub to promote each others tweets.

What am I missing here? Bmd regularly promotes the tweets of all kinds of people and politics he's in with. Without telling us why or if he's profiting from it.

Another curious one from you, mr back-n-forth

"I am certain LION are trying to raise money in the back - LION need loads and loads of money. Corporate nonsense doesnt allow any company to be completely honest."

True.

"I am not happy with Today's RNS, its utter codswallop but whats done is done, I just hope the priorities are right."

How is it 'codswallop' when they've stated things have changed, live testing is occurring (within deadline) and their priorities are to phase test before releasing an banking ecosystem product. Even for the most dreadful company this would be a prudent approach when dealing with peoples money. Yes, it will take time, but then realistically it was always going to be a slow-ish burn.

"Eitherway we need the product out. ASAP"

Actually, we don't. It'll be out when it's fully tested and working.

"With not just online marketing but very very very hardcore marketing."

Tech firms don't often 'hardcore market' - Railsbank didn't, they just let word of mouth, Twitter and winning tech awards do the talking. What high street branches or mass visibility have Railsbank had/got? The odd newspaper small print? I do agree that LION need more visibility but CP said a multi-layered marketing approach would be taken in interview. He didn't specify when. It could be tomorrow, next month, or year end. Maybe it depends on when they've finished phase testing.

"Get a good looking girl wrapped in gold satin !"

That's sexist, Carol. Would you volunteer?

"I just want crap loads of profit"

We're all painfully aware of that. But you sure wouldn't get it by marketing a girl wrapped in satin at a woke ££ younger generation. In fact, your marketing tactics would probably kill us.

So I've just seen the Bmd tweet about the '50/50 chance of not AIM relisting'.

We appear to be officially relisting on AIM as it stands currently.Though tbh, given the manipulation that goes on on AIM and constant investor complaints, I often find myself wondering if there are better platforms many of these AIM companies could list on that would suit better?

But it looks like those warrants were exercised, and mentions of progress towards AIM relisting, were what they were. It's important to remember none of us (or Twitter bloggers) are privy to what goes on inside these companies. They may get a bit of City speculation (some whispers pan out, others flatly do not) but it's important to keep it in context.

Suspect CP is nearer the mark. This is AIM, not the Hilton.

All I know is, from what I've seen over the years, is there has been a concerted bashing campaign against Paul Johnson, and anything he's connected with.

I don't know what its roots are in or how the beef got started (looks like jealousy to me?) but even if he were the worst villain on earth he's still being slammed by people who either have criminal pasts and vested interests and/or who use the markets, shareholders and 'AIM casino mentality' to their own ends as it is, blogging night and day to try and affect sp movements.

It'd be like a hyena telling a hunting dog it had no business being on the same plain as itself.

Whatever happens, I can only take my cues from the company itself via official channels.

I wouldn't personally make that kind of distinction. Often the more quality products (perversely using fewer systems) involve more time, especially newer concepts.

It's still pretty early days with this and we're only just over half way through the year. The concept of a significant tick up with the mines and further Goldbloc rollout wasn't until later on/into 2019 anyway so it's clear LION are looking at the longer game for full product impact.

Fine by me.

I think the subsequent phases in August and September that the RNS refers could include other platforms.

It would make sense to test across as many as possible.

Flappingchicken, my reply before was to another poster and I've just seen your's.

I have honestly no idea what you're talking about 'it's not coming back' but I'll wait until the company informs me 'it's not coming back'. The last word on this subject came from an official RNS that stated progress was being made towards relisting. As to your other point about LION only being a 'gold-focused company', here's the end paragraph of the same RNS:

"About LIONSGOLD Limited (LSE: LION)

Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a wholly owned financial technology company developing the digital gold currency, Goldbloc®."

If the RNS began with gold/focused company then it is likely a space-saving measure. Why bother with a ref to AIM when it's at the end anyway.

I know how much my own firm's apps undergo testing phases before we put them out to the public (and we've had delays for one reason or another, at times, despite our hopes and best intentions) and so I can only image what LION have had to deal with to get this far.

Before active or 'live' phases we quite often run a 'mirror' phase for weeks, where an exact copy is utilised (but without causing trouble or losing any money if it goes awry!) with a fake wallet, etc, to iron out initial bugs and it wouldn't surprise me if LION have been doing this too, this month.

This is money we are dealing with so the strictest controls and care are needed when live testing anything of this nature. They'll want to get it spot on before releasing a full product.

"This phase tests the use of fiat currency and Goldbloc® in individual banking accounts, receiving deposits via the European bank clearing system and credited in Goldbloc®, and paying for items online in real-time using the Mastercard payment network."

Also note the words 'in real-time', aka immediate and instant, so it seems it is very much a live phase in the true sense of the product being released (just not fully to the general public) if I read this correctly.

I am sure this must be where Railsbank's technology and expertise is coming in handy.

So a couple of interesting points...

1. "Goldbloc mobile phone banking app has commenced its live proving phase with selected invitees using iOS devices (Apple iPhone)."

So, may have commenced yesterday, today or some weeks ago, with 'selected invitees', as suspected. Rather than general public on a first come, first serve basis. It also discusses 'this phase' as if there are more than one (as expected, it's a big undertaking).

And he has indeed met his target of announcing this during July. Right at the end fair enough, but he did say July, which includes, the end of July.

"During the course of August and September the user application and production testing will continue with more invitees added in phases, and we look forward to providing further updates in due course."

I do not think testing phases will affect relisting, I think that will go ahead as planned. They would have had to live test if we were actively trading now so....

But yeah it looks as if perhaps (reading between lines) something has changed a bit and more time needed for possibly greater needs or a different strategy? Could it be bigger than we hoped? Idk. We'll find out as time goes by.

I'd rather they were sure about the product and tested it thoroughly than just released it haphazard so I'm happy with this. Onwards and hopefully upwards.