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Looks like a good move. Interesting comment there about an accidental press release from FW stating they had exceeded revenue forecasts by four times.

I believe Simon Thompson from the Investors Chronicle is talking up ALM. I’ve not read what was said though

I think Spin has the biggest future potential out of the three, it’s hard to predict what their revenue streams are given they don’t say much. All we know for sure is that they’re producing chips for the US military. Given that info, I’d hope they’re nearing a break even point but again it’s so hard to predict as there’s so little information to go on. I’d love NVIDIA or someone similar to someday announce a chip that uses Spins tech under licence. That would be great day for us all.

I haven’t done much research into Bridgecomm to be honest but the tie up with Nokia is certainly very interesting. I think again they’re still quite early stage and so unlikely to be producing revenue.

https://www.linkedin.com/posts/federated-wireless_about-federated-wireless-activity-6721827050094759936-Xvyu

A good watch there for anyone who wants to increase their understanding of FWs offering.

I hadn’t realised previously that WISPS are required to licence an SAS in order to migrate from part 90 to part 96. I hope we can see a good increase in revenue for FW in Thursdays update.

FW also have a white paper on the subject published on their website:

https://www.federatedwireless.com/wp-content/uploads/2020/07/Federated-Wireless-Roadmap-to-Part-96-Migration-for-WISPs.pdf

I know those numbers are two years old but the volume estimate is even within 10% of your own estimation. Obviously with the drilling there’s now a greater understanding of the grades and the boundaries

When estimating the total potential size of Hav, is it not also worth taking into account mass estimations provided by GGP in the past. For example in the report published on 4th July 2018, they estimated a potential of 650,000,000 tonnes for the “primary body”:

“Forward modelling of detailed aeromagnetic data (50m line spacing and 40m mean terrain clearance) and detailed ground gravity data (100m x 100m and 100m x 200m station spacing) over the Havieron target was completed by independent geophysical consultants in February 2018. Results of forward modelling have defined a primary body approximately 600m x 600m across with a depth extent from 400m to 900m below surface resulting in a potential volume of more than 240,000,000 cubic metres and an estimated mass of more than 650,000,000 tonnes. A second smaller body with a volume of more than 16,000,000 cubic metres lies
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immediately adjacent to the primary body. Results of forward modelling are indicative only as geophysical data is ambiguous, however modelled bodies were constrained to known physical rock properties and therefore potentially represent the core of the mineralised system at Havieron.”

I agree ART

I think the fact that the chair of the remuneration committee recently resigned and that there is no mention of the CEOs pay tells a story. Is this company just a cash cow the director is milking until it dies? Also, is the CEO working for free?

120K of that for a directors salary. Does that sit well with the investors here given the position the company is in?

FW already has regulatory approval to operate its spectrum access system for 5G:

https://docs.fcc.gov/public/attachments/DA-20-110A1.pdf

I’d imagine a similar approval will be needed to operate in the C-band. I don’t know whether that’s been given yet or when it would be due

This article confirms the FW spectrum controller also works in the C-band:

https://www.federatedwireless.com/federated-wireless-extends-spectrum-controller-to-the-6-ghz-band-to-accelerate-wi-fi-6-and-5g-service-delivery/

The share volumes that change the share price here are so small. 36k sold, 4K bought today so far and look at the price change. Can you imagine what would happen to the share price if an RNS dropped saying there was going to be an IPO of spin or FW?

The fundamentals haven’t changed, the share price is irrelevant at the minute for long term investors. The only thing I see right now is opportunity. Hard luck if you’re a day trader!

https://www.telecompetitor.com/big-cbrs-auction-winners-verizon-windstream-dish-cox-comcast/

Verizon the biggest spender. As a reminder, Verizon uses FWs spectrum controller.

Have a look at what just happened to the GGP SP after hours today.

Really shows how the MMs manipulate the price to get people to sell their shares cheap and then fill big orders from IIs. I wonder what the end game is with these trades on ALM shares? I guess the moral of the story is trust in your own research and hold if you believe in the fundamentals.

Lots of small trades today? What’s that all about? Why would people buy just a couple of shares?

As am I ha

600p is a market cap of £1.452 billion. If we got a cut of £3.5 billion for Spin and £1.75 billion for FW, based on 242 million shares in issue, we'd be talking a SP of 2169p.

Global semi conductor memory market in 2020 is estimated to be $90 billion.

CBRS Second had market estimated between $7.5 and $15.6 billion.

If Federated Wireless and Spin Memory get a chunk of each of those markets, its easy to see how the market cap goes into the billions. I don't see how it could get near Teslas market cap though!

If you don’t like the fundamentals of a company then don’t invest in it Nucky. Easy as that

For those that are unaware, Spin Memory was licensing it’s endurance engine technology to ARM. Nvidia now owns ARM and has a market cap of $315 Billion. There is huge potential IMO in Spin Memory as that is not the only bit of exclusive memory IP it has developed. Hopefully with the backing of such a large company, the disruption to the memory market using Spins IP will happen a lot sooner. Hopefully not before I can buy a few more shares though!

Half year results usually towards the end of September