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That's a bit of a nonsense comment as if its voted down then the company doesn't have access to funds so what do you think happens then........
Happy to nibble a few more up at this level as the investments are still the same. Delays and market sentiment are putting a right old downer on this SP.
Dam I might lose that cookie! :-))
Nothings changed MMs moving bid/ask about. News leaked I very much doubt it as if bad news had leaked you would see a lot of large sells and the MMs would mark it down a lot.
Boredom setting in and the odd sell being seen at the minute nothing that interesting..........
Seems there isn't much going on other than the usual market carnage!
The MyShield tokens distributed to the founders (including Blenheim) will be vested over a period of 1 year, with 5% of them (10 million tokens) distributed on the day of the token generation event ('TGE') timetabled for the end of Q2/early Q3 2018
Just trying to work out a value we could attribute to the Myshield ICO. Looking back at the good old BNR RNSs I noted the above comment. So if they are distributing 5% of the founders coins(On the day of the offering) which equates to 10m then the total coins on offer to the founders is 200m. Assuming TSI is ultimately entitled to 9% of this which would be 18m x $0.2 = $3.6m. Anyone else coming up with the same numbers or am I way off on my assumptions?
I would like to see an update but to be honest There hasn’t been any material change in the investments so no real need for RNSs
ABM up which means TSI share is worth more. Market will catch on eventually.
Accumulate while it’s quiet :-)
"imaginary cookie"! I'm in :-)
Niger/Mali by end of month and Brandshield ICO December. Hoping for a Christmas rally.
Bouncer I agree completely. Very poor market currently wish id timed my entry better......... Assets are still there and interesting as we have said.
Obviously it depends on the results but 0.3p is a minimum target but I could see this between 0.6>1p(>£10m MC) if all the results start to come in and the market wasn't so poor. KOD is ~£10m and I think our lithium results could be equal or better. Tie in all the other assets and I don't see why ~£10m MC isn't unreasonble.
Ive seen this poor sentiment cycle many times before just before the news lands and then you see the true value come through with multiples added to the SP.
We have cash from the recent 0.2p placing and a number of assets due results. Nothing has changed except sentiment. All the market is taking a hammering and there are a lot of cheap stocks floating about.
I'm not overly worried as the investments are still there and have a reasonable chance of success.
If lithium assets come in id expect them to be worth >£3m. If ICO in myshield comes off then we are looking at ~$2m. We still have ~9% of brandshield plus the other assets. If you get any of these you're looking at a rerate. Value is there its just sentiment is very poor around the market.
My timing is poor on this investment but fundamentally I still think there is potentially significant value in the investments the company has.
Batten down the hatches.
Is poor, markets are poor and Charlie is getting pad publicity we have the perfect sh@t storm.
We need him to step down(very unlikely unless he’s forced) and news on the ICO plus lithium assets.
There was a good post the other day which highlighted the potential
Current MC £2.9m
No debt
Minimal running costs
Circa £500k cash
11.2% ABM
1.2% We Shop
9% Brandshield
30% IGS
22% KKME
30% Nashwan
40% Xantus
We have enough cash to see us comfortably into next year. We have invested roughly £4-4.5m in the above, with the top 3 hopefully becoming cashable in the coming year. We have 3 significant news releases on lithium and Brandshield imminent. So as I say, it’s been poor so far but at current levels I think this is cheap and has potential to double up in a very short period.
Hopefully as he seems to be damaging a number of companies with him sat on board.
Sentiment is very low on here at the minute but still reasonably happy to pick up a few at this level. Be nice to see some news!
Very true they should give a bit more reasoning and a better timeline.
Lots of delays which is frustrating but I still believe the news has a reasonably high chance of rerating the SP. Problem we have is we don't control the assets as we are invested in them rather than owners. This leaves us open to delays out of our control.
Still looks like the BOD have let their mates in on the cheap so I'm fairly confident we will see some rerating in next few weeks.
Vestor to be honest it could go to 0.7p or 0.1p it all depends on volume, news and sentiment. Seen this cycle many times before as people get bored and move on only for news to come out and it rockets. Yes there is the possibility news might not be good but that's the calculated gamble you take on the AIM casino.
Yes there are delays but I think the investments are an interesting mix with varying risk but potentially multiple SP movers. I think with all the information we have around the lithium assets the results could blow the SP north and the risk is on the lower side. ICO and other investments are higher risk but I think the ICO could be a big winner.
Any how I'm happy to pick up more down here as AIM has a very short memory and they will be ramping the f**k out of this if we see any sign of good news.lol
Although my average and lack of news is frustrating I still believe they have made some interesting investments which can add multiples to the SP. The ICO is one of those multiples with my take being they have enough interest from private investors to complete the ICO. If that's right then news could well be very soon and with the bounty ending we could be in the final few weeks till lift off. That could be ~$2m added to the value and if the ICO value multiplies over the coming months who knows what that could be worth!
Turning into a strong buy at this level which is why I averaged down at 0.22p
Volume hasn't been massive over the past few weeks so Id assume the majority of shares havnt been sold on for few %. Stinks of mates rates as I'm sure they have been given the nod.
Myshield - They have stuck with a private ICO so I'm thinking its gone relatively well and can see an end game with just private investors. This could be worth ~$2m
Lithium - This could be worth >£2m
slot in all the other investments >£2m
Company looks bit cheap to me.
Only positive is that they got it away close to the current SP which to me means news is in coming. Lining his mates pockets ready for lithium results, ICO(myshield) plus whatever else they have lined up.
Tentative buy at this level.
Nice to see a chunky buy as you say. At 0.22 that looks a bargain we you consider the so called "rerating" news to come. It would be nice to see some positive lithium results and the ICO come in. Just those items could be worth >£5m.
Definitely an unloved share at present but as with any AIM share sentiment can change in a flash.