Member Info for DRB83

Wolverine, you are just proper ramping. £8 by Friday? Really!!

Yes sentiment has changed which is great but let's enjoy a steady rerate. People will sell for their profits and more new money will flood in. We may potentially get a couple of red days next week but I expect us to test £5 at some point.

Didn't the Euro wave start about 2 weeks ago. Wouldn't surprise me if it was this thing all along. Maybe it's not just us that let our guard down with sequencing.

And there you have it. 2 cases confirmed in the UK.

New variant now found in Germany and Czech. I do seriously hope that it's just better at spreading and is less deadly. I would like to wave bye bye to this pandemic.

Jgcw, did something go wrong then as 61 positives managed to find their way to Holland. If they were required to take a PCR beforehand then surely they wouldn't have been allowed to board. Unless they did test negative but 1 positive slipped through and infected the others en route. Either way, it highlights the importance of quality border PCR testing.

61 positives on 2 flights. I am not sure what the border control testing requirements are in Holland but these were probably only picked up due to the recent high focus of the new variant in SA. This variant was identified 2 weeks ago. It is only a matter of time before we hear cases popping up everywhere, including UK. I am hopeful that it is fair less deadly than its cousin Delta and that we don't find ourselves back in 2020 again.

Surely the airlines have a responsibility of passenger safety. Surely tests should be carried out before you get in a tin can where the germs can freely float around at ease. Oh, don't tell me, it's because the vaccinated don't need testing. Hand over eyes emoji with speach bubble saying "DOH"

How long before travel PCR's come back?

BBC News - Covid: World races to contain new Omicron variant
https://www.bbc.co.uk/news/world-59442129

I like to have a little play with TA and I predict some medium resistance around 4.57 but then nothing really until about 6.95.

I am expecting the news to be full of this latest covid variant and countries locking down leading to fear of UK restrictions. WHO said it would take about 2 weeks to establish just what kind of threat Omicron will pose. During this time I suspect money will flow from non-covid stocks to covid and in terms of risk/reward who is better placed than NCYT.

On top of that you have winter around the corner and the Europe wave so ncyt really is the place you want your money now imo. With the regulatory body drip feeding product approvals through then we might just get inundated with RNS's over the next few weeks which imo is great news. GLA

I'll be holding UFO well past Han**** going into production which is at least 12 months away so quite happy for this to drop to 0.1p if it wants. Just means I get more bang for my buck.

Yes, my line of thought exactly sir Digby. Much happier if you are correct ALB but if so DA missed a golden opportunity to specifically reference it. I believe we will get another RNS next week to cover this new variant. Which is great as it puts some more fuel under the SP next week. Drip feed us the news I say.

I am going to assume that this RNS was drafted yesterday and therefore does not include the soon to be named NU variant. Maybe another RNS to follow shortly?

All current known variants?

Mmm, Cobra meeting. I wonder if BoJo will attend. He doesn't tend to.

Good to see the gov acting a little faster this time around. Already put 6 countries from southern Africa on the red list. They're learning.

Is this what the rise was related to?

https://www.cnbc.com/2021/11/25/synbiotic-pops-after-new-government-pledges-to-legalize-cannabis.html

My understanding is that ISPBM are a bit like a fund. They manage their clients investments and are looking for new innovative ways to maximise their clients earnings. As an arranger, they will be responsible for arranging the funds from the funders to lend to the SME looking to monetise their stock. The funders could well be ISPBM's own clients. Who's to say they can't shift some of that €5bn AUM into the SYME system. When the merger goes through in December they'll have AUM of €23bn. Some of that could come SYME's way. We haven't been given loads of information here so of course it's just speculation at this stage. Isn't the saying, speculate to accumulate.

It appears we have today paid approx £1m for a 30% share of $4b in PGE and Gold. I also understand it is open at both strike and depth. This was a non-core asset of Platina as they have other things they are working on so couldn't afford to give it the attention it deserves. As for Artemis, they are a similar sized company to UFO and again appear to be concentrating on othe high grade tenements in Australia. Again they can't give Munni Munni the resources it deserves. However, BBG clearly sees the value here and I can only imagine he is planning ahead for when the revenue starts piling in from Han****. Not only do we get the synergies of owning Munni Munni North and EH as well as Munni Munni but we will be able to give it the drilling it deserves. Very positive development in my eyes.

A bit more, more recent info on ISPBM.

About Fideuram – ISPB and ISPBM
Headquartered in Milan, Fideuram – Intesa Sanpaolo Private Banking is the no.1 Italian domestic private banking
player and a key affiliate of Intesa Sanpaolo Group, consolidating all of Group’s private banking activities. As
at 31 March 2021, Fideuram – ISPB had 3,107 employees, 5,743 private bankers, AUM of CHF 292.4 Bln (€ 264,1
Bln) and Net Inflows of over CHF 1.9 Bln (€ 1.7 Bln) entrusted by more than 800,000 clients.
ISPBM traces its foundation back to 1974, by the Zanon Valgiurata family, headquartered in Geneva with offices
in Lugano, London, Monaco, Bahrain, the Cayman Islands, Buenos Aires and Montevideo; ISPBM was
incorporated into Fideuram in 2018. As at 31 March 2021, ISPBM managed assets of approximately CHF 5.7 Bln
(€ 5.1 Bln) and employed 172 professionals.

A bit more about Reyl

About REYL
Founded in 1973 by Dominique Reyl, the REYL Group is a diversified and entrepreneurial banking group with
offices in Switzerland (Geneva, Zurich, Lugano), Europe (London, Luxembourg, Malta) and the rest of the world
(Singapore, Dubai). As at 31 December 2020, REYL manages assets in excess of CHF 15.5 billion (€ 14 Bln) and
employs more than 245 professionals. Developing an innovative approach to banking, REYL serves a clientele
of international entrepreneurs, family offices and institutional investors through its Wealth Management,
Entrepreneur & Family Office Services, Corporate Advisory & Structuring, Asset Services and Asset Management
business lines.

Looks like this merger will give us global access not just MENA. Very interesting. Just need the IM signing off now. GLA

Good find Hallowed, below is a link to what you are referring to I believe. It states the the merger of Morval and Reyl will complete by year end 2021. When it does, the new company will be called Reyl & CIE, will 400 employees and €23bn AUM. Not too shabby. They also have a huge desire to keep growing

Yes, I believe the market doesn't quite understand the number of doors that this could open for SYME. Well done AZ

https://www.reyl.com/en/press-releases/fideuram-intesa-sanpaolo-private-banking-and-reyl-cie-receive-regulatory-approval

Punter, it's not clear but I think we need to look for references to Intesa Sanpaolo Private Bank (Suisse) Morval (ISPBM), as just Fideuram Intesa Sanpaolo Private Banking Group could just refer to the Italian parent. It's not very clear unfortunately.

Also have a gander at this

https://www.avaloq.com/en/-/successful-onboarding-of-banque-morval-in-nine-months

It clearly states:

***The merger of Intesa Sanpaolo Private Bank (Suisse), the Italian Intesa Sanpaolo group’s Swiss private banking subsidiary, and Banque Morval was completed in April last year and created the new legal entity Intesa Sanpaolo Private Bank (Suisse) Morval.***

I believe that the relationship between Intesa Sanpaolo and Morval goes deeper than an affiliate. They merged with their Swiss subsidiary and have been onboarded onto all of their systems.

If the connection isn't as big as we first thought then it could be a pretty big window into the rest of the bank. Let me know your thoughts.