Member Info for Goolang

I do not think that this is money he can lose in any way but sure, he will not be homeless! He has alot of political capital caught up with the other investors through Peterhouse, Miton, Vela and many others. Safe to assume they have been on the phone to him and have put him under pressure to make changes. I actually think that is very important to him, despite the paper loss. He needs to keep Rita on board too. Janis and Nathalie Hoon left in November, Ryan mutually fired this month........

52,419.357 US Dollars per tonne, lithium prices are going up strongly day by day, never mind week by week. BHL, still undervalued even with current resources.

If BTC treasury is sold and we get a million in revenue at least from the affiliate program and payroll program, then the businesses cash position could well be better that what the 6 monthly results indicated. We need to see the accounts before speculation is made further. I wish the business metrics were better communicated ie power point slides with bars and arrows going up strongly each 6 months....business communication needs to be improved alot. The other Directors needs to do some presenting as well not just JR. Split the work load and stress and responsibility.

Yeah i think he walked, but MODE needs cash and that was denied by the CEO when the balance sheet clearly says otherwise. The CEO said the other day he would make more updates by video to the market in the future and then he walked with immediate effect? MODE needs more coins and a greater shake up of management.

Significant shareholders will not sell cheap. Anything between 50p and 100p would be demanded. Might be better to get a £3 million fundraise over and done with, new CEO and then move on with more coins in Q3 this year. Alas, i think it is too much for JR to do, cope with or accept. JRs SPAC could swoop in but with what terms?

Agree Dingdong, Rita may be a natural replacement for CEO but IMO they need new blood and need to hunt externally for a CEO, properly. They need someone with the backbone to stick up against JR too. New coins, still a must and will be for the years to come to capture the current crypto market better.

I wonder...

This discussion has been had before ie volatility triggering trading activity and fees. The accounts are the concern at the moment which is weighing on the SP.

20p within 4 weeks at this rate, maybe even 2 weeks.

Once upon a time these guys paid a divi and then begged the market for cash. How things change.....

Resource update and OTC listing. OTC i think is later this year but some say this month? Happy to be schooled on that........

Not the best thing to see for any shareholders. The issue of funding needs put to bed as well as a big merchant announcement in order to try and get us back up to the 40's.

Yes, i went through the presentation posted below. it will not take much to upgrade the resources by double at least in the next survey results. Probably more. Way undervalued on even a little bit of good news.

THG alone is not a big enough pattern given the low margins to have a real impact on MODE over the medium term. Anyone who can read a balance sheet can see the cash position of the business at the moment.

They need a big merchant deal. Nothing less.

Yeah, but the CEO said that he does not know if they will launch with all 100+ at the same time. They might be trying to do direct deals with their payment platform instead of signing them up to the affiliate option. Causes more delays but some merchants is better than where we are.

Why would the timing of an RNS be linked to the BTC competition?

Peoples objectives change. He might need the money for something else....

It looks like Lithium next month is going to cost almost $65,000 up 15% from today. BOOM ! It is just going up !! I have seen 1 million CNY targets on some trading platform chat forums. Even a 100% increase this year would be amazing never mind a 3x increase.
https://www.thenationalnews.com/business/technology/2022/01/14/ev-makers-brace-for-power-struggle-as-lithium-prices-expected-to-surge-50/

They are doing it later this year. I know OTC listings are taking a long time, not because of COVD but because of high demand to get listed overwhelming the regulator.