Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
During the AGM, it was clear that banks are seeking larger transactions. The board hinted at this, but did not provide specific details. It is likely that they were considering multiples of the £1.8 million transaction in the UK, but they were cautious about revealing sensitive information. Banks typically deal with figures in the hundreds of millions and billions.
I believe that the next Inventory Monetisation (IM) will be significant, possibly in the range of £10 million to £20 million, involving a traditional bank or funder.
A £20 million funded Transaction at a 3% revenue rate as per the UK Transaction it would guarantee the company £600,000 in annual revenue for 3 to 4 years on repeat contracts.
The potential for multiple transactions is limitless, as the platform is proven to work.
There is a global trade finance gap of $5 trillion, and SYME is only targeting a small portion of it. If they were to capture a share of £1 billion to £2 billion, the market cap and share price would increase significantly.
Just look at Greensill, a company that offered a less secure form of trade financing and was valued at £22 billion. SYME's debt-free and lower-risk approach makes them more appealing. SYME is not traditional Financing, it is True Sale. The first of its kind.
Banks also offer inventory finance, although their methods differ from SYME's. It is likely that banks will see SYME's fintech platform as game-changing and seek to be involved.
I expect the next few months to be interesting for the company and advise ignoring the current share price, as the companies time to shine will come.
#finance #fintech #bank #globaltrade #investment
We are told this month so I see both converging on a higher sp.
SYME is a market game changer and funders are being lined up - significant value in it for all.
Enjoy the summer meantime.
Hey Jim - what’s your view
What have you been saying.
Damn easy to criticise but what’s your perspective - will the share price collapse to sub 0.1p.
Why don’t you make a prediction? Don’t sit on the fence.
Seems you are right - they are pushing the share up.
Go traders go.
Agree Peak - some cheeky share performance recently.
Such recent news would have sent us stratigraphic three years ago, now the the reaction is like a Shell or BP, perhaps the future.
Strange things happening for sure - make no mistake this PLC is going north.
I ain’t selling to this reaches 5p.
April saw us languishing around the 0.04p and then boom to 0.17p.
Stable around 0.14p and news gets better and better.
This week is the golden week and possible.still good news until 22nd July.
Not so long ago we were talking about super Aug 22. Now Aug 23.
Share price is now very strong and it should begin to push north in the coming weeks.
Good luck all invested in this story
This could set the minimum
Just needed patience and rather company has delivered.
Friday was TF news and today is UK IM news.
Rerate now on the cards.
Best wishes all
Savvy/ - big week ahead.
AZ has said shareholders will be rewarded, and so we wait. Big progress behind us and massive upside ahead.
Enjoy the weekend.
After hours RNS on the UK IM or Monday on open.
Thanks.
Any view on UK IM today - I understood we were waiting the clients signature - then done.
What does that mean
Would it be an RNS or something else.
I hold to the belief that we will hear before close of play.
Having been here 3 yrs if the news today was really negative the share price would have tanked on open.
So - up we go
If we get an intra-day on the UK IM then it will be a frailly.
Now FOMO is going to take effect.
Art -
Many benefits to the transaction with a focus on future cooperation and mutual aid.
The reverse is a messy break up.
Overall we will do better this way.
Today the client is expected to sign. Rocket fuel loaded.
Dem - agreed.
Getting double what you paid and still an equity owner is great.
I am disappointed by getting no confirmation on the UK client signing the agreement. I understand the agreement is ready for signature so that could be announced within day.
Mister G
- we here that the client has signed today then that would be great news. Anything less than signature is worthless.
Equally we might get b*gger all from SYME. - most likely the SYME of old.
If I am surprised pleasantly then very happy days.
So today we need to hear that the client has signed - nothing else will cut the mustard.
Good luck
That would be the best twist in this SYME story.
Now the wait to 7am.
The trading pattern will point towards weather news is likely tomorrow.