Member Info for Gallmat

Most of us made 1-2x already

Some want money for other things. Very cheap but you need patience, which is lacking on aim

Lol, crazy seller.

Why not just do 4k a day. But thank you whoever you are

I think next week.

I was going to fly in to see him but I think there is no point

I have my position and I have switched off.

The only thing I am interested in is mining assets and I asked them to update us at some point.

Probably best not to sit and watch this every day, it will drive you bonkers. I set an alert for adding to my position. Beyond that I just check the rns

What can you say Politics and politicians.

I have been saying for a while that the company just needs to signal the intention to list.

This is like the .com bubble. You can go slow and prove operations or simply just cash in on the momentum.

I am sure cotec feel exactly the same about a listing so negotiating percentages would be fine.

A ego maniac like Trump must be going crazy!

He wants to use his power and people are telling him he cannot due to some silly magnets.

The usa is surely going to throw money at this issue.

Who wants to tell the president he cannot do what he wants due to a few 100m usd

Lots of ST players made money on the lead up to SOC. I think more will need to exit.

Just waiting and monitoring

Someone sold.

The stock probably needs to churn alot more to get rid of the profit takers

I think now it is better to be in LTH mode

Honestly, this is just a punt.

We have a market cap of circa 2m with 1m in cash post raise completion.

Uk pensions are worth 3 trillion, a good idea could have a decent run.

Shocking. You know he asked you not to use his name!

The humanoid robot sector is interesting - Ellon is super optimistic. Some other houses have more moderate estimates( citi for example) but having a hedge for any level of aspiration makes sense.

The usa grants are an interesting dynamic. If cotec can secure a decent one for the equity stake in usa both cotec and mkango get a free shot on a new and growing industry in a great market.

Cotec feels to me like a free call option factory. Simply use their connections to find tech and projects. Ultimately they want to use gov money and 3rd parties to fund

It's an interesting thought, while they have funded the company to date, when it comes to the big gains ( projects) others are taking the risk for us 😀

Interesting as he is tagging housing.

It is something like equity release but using your pension as a backup.

Sure is a c*^^& tease, but they seem to indicate it is a big idea

Sometimes I think the risk reward for governments to act is clear. These are low commitments for strategic solutions.

I really hope the white house and people like musk see this clearly. Is 40 to 50m usd something the usa should worry a out when the ceo of mp materials said the auto and aerospace industries were weeks away from a shut down.

Media man

This thing has only been going 6m. The head of it was head at it for his last company. As is the other person tagged on linked in.

The whole feel of the website is a more polished version of Financial freedom. Case studies, details of building engagement.

Also the solution made, helping unlock payments to different dates directly reflects what they did for wages in one venture and helping sms speed up the payment cycle.

I think they are modifying past ideas and then will also add in AI.

Everything fits

Thanks Floyd.

An interesting interview when you hear mp materials say the paycheck to solve the problem is not huge relative to the problem they are solving ( backing industry worth trillions).

The company seems to have the ear of the white house, no doubt any success they have in moving the political landscape will also help cotec.

Cotec said they could scale to 3000T or 10pct of current usa demand for $500m. In equity terms this is only $150m.

For perspective the usa has 630 f35 fighters. Each fighter costs $80-100m usd!

Giving cotec $40m usd to get the first plant going you would think is a no brainer even if it is just to hedge the risk.

Chief technology officer is also from same company.

Another senior IT person worked at one of David's past companies.

The type of solutions they are discussing are similar to things they have made work in the past.

https://www.linkedin.com/in/simon-j-79133125?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

The chief IT engineer at pension pay was at high group ( a company established by david).

https://www.linkedin.com/in/willmck-it?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

Given what we know this sounds like the sort of business they might target.

My personal view is this is a long term investment. Plan for the worse hope for the best.

Many people went for a short term bet on the soc and it did not work for them.

At 2.5pct of claim value I thing you can buy and forget about this. The actual beauty if the trade is you just wait.

India might come to table now, in a year or never. Its not something I build a strategy around as I see a huge future award

There are actually lots of ideas. Maybe lenders realising there is huge collateral in a big pension scheme so being able to make loans to people at reduced interest rates.

You have a 300k pension, you can take out a lump sum or annuity. Why would I not lend you 2k knowing you have such wealth

It seems like you can innovate in this space. He also said that a new joiner is a big expert in pension industry having advised some of the largest pension schemes in the country and given policy recommendations.

5 bn gbp of annuities are sold each year.

So the outstanding amount of these payments could be huge. Even a small fee for solving the access issue could make a good business.

You are just advancing them the money now, knowing you pay it to them later and maybe add some spread. A clever and simple model.

Pension funds offering this type of arrangement might attract more funds as it solves a client issue. This increases their profits.

Members of the pension scheme want to stick with the provider because they want access.

It's a small private company