I could not understand what the manager was saying.
This is going to push more people toward electric cars BUT if leccy prices are going up so high i do wonder what the benefit will be in an electric car. The market needs to see a scale back in leccy prices to help keep the current EV demand curve.
Basically saying that the 50p SP will not be reached within the next 8 years so we are moving the goal posts for ourselves at the detriment of others. Also a sign that staff attrition is a problem even amongst management.
$900 USD CAPEX for the DLE plant. Hope they get an offtake that covers it. Guess that can only be done with a pilot plant that actually demonstrates that it works.
10 new coins have not been added to the app. They announced many months ago more tokens will be added. I expect only 1 or 2 tokens to be added by year end as they have said it will be gradually phased in this year. Not enough to change revenue numbers for this year unfortunately.
This is correct. The have the Crypto licence already. They did not need to ask. Certainly, for prudence 'they checked' and waited 6 months to avoid the very small risk of a complete mess later on. Timid behaviour because management have gotten so many of the basics wrong in the past. All of the other crypto registered businesses in the UK have multiple tokens with the same licence. A non RNS TBH.
They have stopped talking to investors. Ironically, they did not know how to speak to investors in the first place ie RNS. Rita still going on Twitter talking to the market that way. Nuts!! They have had no training at all in running a public company.
Clearly the rebuild of the app that the former CTO wanted to do was not possible with the money the company has. That approach has been ditched but the problem is it probably cost the business over £2 mill in costs that have been squandered on top of a crazy unprofitable marketing campaign of £10 for everyone, madness!!