Member Info for FinWin

Does anyone now what the letter which is mentioned on the website says. Announcement on website says 25th of May

A letter will soon be sent to all shareholders relating to an issue that has arisen and

which the Board is endeavouring to resolve.

Please note that those holding shares in Depositary Interest accounts are not the

direct shareholder and will therefore need to contact their respective Nominee to

obtain a copy of the letter.

The communication is confidential to shareholders of Infinity Energy Limited

Maxdba awesome post although I am new here this was exactly what I was trying to highlight with my previous post regarding napster and tidal comparison. If you take a look on Google play downloads of both platforms are similar. Napster RTO is a massive statement of intent in my opinion.

Thanks for the reply MisterPositive but i dont know whether I am being naive. Surely it matters what percentage of the project is owned when zijing acquired continental they owned 100% of the Buritica project. I hope I am wrong as the potential price target as you suggest outweighs mine.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1101-nyse/nem/74190-newmont-successfully-sells-stake-in-continental-gold-for-260-million-in-cash.html
I’m relatively new to investing and my knowledge on gold stocks will be far less than many on this board. It seems Newmont sold there 20% stake in Buritica on a 11 million ounce deposit for 260 million stating
“Selling our Continental stake into a strong bid allowed us to generate $260 million in cash that will support our disciplined approach to capital allocation, including strengthening our investment grade balance sheet, investing in our highest returning projects, and returning excess cash to our shareholders,”
I can only assume that this was at a much greater profit to the original investment. My further deductions from this is that if Anza holds an 11 million ounce deposit under a basic calculation (having 25% of the project after JV? ) would put the share price at around £1.70. My knowledge on geology regarding gold exploration is very limited but after watching the discussions with Brad George he certainly seems very excited by this opportunity. Any thoughts on this or help on how I can learn to analyse the geology would be greatly appreciated.

Granted this article is from 2018 https://www.theverge.com/2018/6/28/17510390/tidal-streaming-service-subscribers-spotify-apple-music but it is interesting to note some of the pitfalls it has suffered as a streaming platform. It is also interesting to see that there were talks of a deal with Napster which fizzled out. I think that Tidal and Napster had a similar streaming presence in terms of customers/subscribers before the RTO. Some sources value tidal at $600million as sprint paid $200million for a third stake. I suppose my point is that a mvr/napster offering could far surpass that of Tidals with this newer and more exciting way to absorb content as well as the conventional method. This could just be the key difference in their strategies. I think it’s impossible to predict the opening SP but if tidal can be used as bench mark it could be very surprising.

So again this is only my 3rd post so please go easy, but was just doing a bit of digging regarding music streaming and came across this article. https://www.forbes.com/sites/greatspeculations/2020/10/13/it-sounds-like-spotify-is-in-trouble/?sh=1d62b962813b
This got me thinking as to who the main competitors for Spotify are and their position as it seems clear from the purchase of Napster that the future lies with the development of a platform which could in the future be geared towards “fingers crossed” competing with it and potentially taking some of their market share.
From the link there is an interesting table which shows that youtube music has increased its market share by 3% this to me clearly shows that there is a good appetite for audio visual consumption.
Spotifys main competitors are clearly the likes of Amazon and Apple who have the extended reach in terms of their pre acquired customer base and clearly we are a long way behind the likes of these big players.
Alternatively if we are to look at companies that are closer in comparison we could look at Deezer and Tidal. I did a quick google of the position of these companies and their offerings and customer base so please excuse me if the information may be a bit out of date.
Deezer is worth about 1.4 billion it has 56 million licensed tracks with 14 million active users and 7 million paid subscribers.
Tidal is worth 200 million with 60 million songs and 3 million subscribers
Napster is being bought for 70 million it has 40 million songs and 3 million users.
Again I apologies if some if this information is incorrect/out of date but it gives an indication of where we sit in the market. My point is that I believe the acquisition of Napster is definitely part of a much bigger picture. I think that the combined offerings that Melody and Napster can offer will supersede the offerings of the likes of Deezer and Tidal for a start. This coupled with the utilisation of the already established user base of Napster could get things moving in the right direction.
With the new offerings like the exclusive gig with LG the company is already offering something unique with or without a VR headset. I would be very surprised when this comes back to market if there isn’t a significant amount of interest reflected in the SP.

22,000 jump spots certainly sounds better than say 1000 or 2000 viewers in my opinion, but as you say if they felt it was a poor metric then there was no reason to mention it in the RNS whatsoever so this might be regarded as a great success by MVR. This coupled with the fact that the average user engagement was 59 minutes for an hour long show.

A bit like phub here as this is my first post but been invested here for a while and follow the chat board. I personally didnt like the KPI for 22,000 jump spots as it does imply that viewer figures were low and if they were higher they would of stated those instead as the success. That being said the tech is still in its infancy and the KPI is a good measure of interaction within the platform. Lets not forget that the exposure that LG has is huge in comparison to Tom Grennan if you take tw*tter followers for example Tom Greenan has 47k followers where as LG has 3.6 million. That x 75 more exposure on twitter alone. Good luck everyone