Agree. I have a feeling that they are working on Ether in the background. The affiliates they are approaching individually since they are signed up through a 3rd party, may yield some extra results. I am expecting the big announcements in Q2 but they do need to pull something out of that hat within the next few weeks. Buying opportunity or a trade opportunity for some quick money? We are trading at less than tangible and intangible level IMO since we do have over 100k users and live merchants in use with the payments platform generating revenue.
GST bought a an Eastern European based Crypto Registered business for 30k Euros. They got a bargain as it costs £300k to do it at London labour prices. The emoney licence needs a capital set up as well as expertise. IMO, £4 to £6 million plus ongoing compliance costs. The problem MODE have is that the management are not monetising it fully ie clear business offering such as BTC treasury for business, more coins, multicurrency payment transfers such as that offered by CSFS etc. OK, they have payroll but come on! That is not where the immediate big money is. Management do not have a strong vision after achieving their compliance objectives which has punished everyone.
I agree. The Li grad is HIGH grade which is a key word in this announcement. Whilst clay is not usually mined for Li the tech is there to get it out cost effectively. I have never seen such high Li numbers in my research compared to other miners. ´´further thicker intersections of Upper Clay than anticipated, including high-grade sections of 23.6m at 1,495ppm Li at hole BCE21-09, where the total Upper Clay zone is 81.4m thick and 18.2m at 1,395ppm Li at hole BCE21-08.´´
The expertise of the geologists is shining through which is also helping to derisk this investment and make it a real game changer. Even if they deliver 20% of the anticipated resources then we are still multiples of where we are today.
I want them to stop communicating by twitter to shareholders. A professional RNS for relevant information and a live AGM (not post AGM) are the best way with a Q and A. I want an announcement on the unaudited preliminary results soon.
On average for the last 24 hour period on android, the app ranked 83 for downloads. On iOS the present download ranking is 200. These are good indicators as the strong rankings are being well maintained. We are clearly passed an inflection point in user number growth. I caveat this by acknowledging that a download does not always translate into a user of course. I putting my money on 500 new users everyday.
When Ryan and JR interviewed with Zak Mir in October, Zak said MODE have 100k users. The comments were then edited out later on in the same interview. There is alot of post interview editing that goes on which is not helpful.
Have you turned on the TV in the last 3 months? or 2 days? Ukraine v Russia matey boy...
but UKW is clearly a sensible place to be.....
The volatility in BTC has generated alot of interest in the app, coupled with a reduction in the number of competitors. The download numbers have been unusually strong in the last few days. I am expecting a good H1 in 2022 and the cash position of the business may well be better than is touted.
I agree. Mode have further confused the situation with the affiliate program in the app. Is it a finance app? A shopping app? Payment rail provider? emoney account provider for day to day payments, but it can not be used for day to day payments for another 2 years?