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Hey guys, I'm as disappointed as you with the placing this morning (for admission 25th July) but I had been wondering whether they may need more cash after cancelling the deferred shares. I'd presumed that had a financial implication to the company. Either way, excellent to see the shares have gone to Andrew (thankyou) and an Institution (will be interesting to see who that is). If I had a crystal ball I'd have probably sold some of my holding yesterday, to buy back today, but that's life and I'm still holding my wedge.
We still have results to come, and the copper doesn't just disappear over a period of time !
Heads up guys/gals, this story is still playing out. Good luck all..
Good morning!
Totally agree with you Andrew, hoping our long patient wait is finally going to bear some profitable fruit. If we are on RIOs radar then even better. Looking forward to some news this week, starting to get exciting especially knowing Copper is currently in demand. Have a cracking Sunday. <Thumbs Up>
Totally agree Lottohopes, the company is taking strides in a different more profitable direction.
I saw the GEOCURVE twitter announcement re: Elios UAV, which is great but also which clients they tagged...ahem...#AECOM !!
https://twitter.com/geocurve_ltd?lang=en
Now I can't wait for a few business deal announcements next week, surely. GLA.
Indeed, same here with the 1 share - seen it pop up and then nothing more times than an RNS.
Interesting gifting of shares, giving son (the Ops Director) a little more clout and this has come after they cancelled those deferred shares.
So, looking forward to an update RNS next week...Good Luck All.
There has been radio silence on deals, some chatter on Twitter from Geocurve re: meetings etc but nothing officially confirmed. The AGM is tomorrow, then if agreed the share consolidation on Monday (20:1 ratio). If no deals are declared at the AGM then I see news post consolidation. If I was the CEO, I'd want the good news to affect the new consolidated SP and not the current one. Just my take.
In terms of accelerating the payments platform, they've already stated they are soft launching the remittance channels in July (i.e. some time from next week onwards). In my opinion this has to be one sign that they are concerned about the ownership of those 122M shares plus.
If a hostile is hoovering up the Atlas shares, then fair play shouldn't have kept the SP this low.
Thankyou Andrew and Janiax for spelling out the possible returns we are sitting on here.
Far from ramping these are estimated figures taken from GWMOs previously published numbers.
I for one have been invested over a year now and wait patiently and tentatively for the next RNS. I think we've all seen various positive signs and looking forward to news.
Good luck guys, and as always thankyou Andrew for all of your valuable input.
Yawn!!! Good news from MYSQ today, successful trials of remittance software/channels and a mystery holder of 122M shares. Could September launch be sooner if the license is granted? I think so.
Kezzd - have you not read the AGM RNS ?
I'm not expecting any news now until after the share consolidation next week. Then expecting any positive news to make a more significant impact on the SP. Just my view. GLA.
Excellent summary, thankyou Andrew. Hoping too that we see an RNS in the next week or two. I presume we can take a huge positive from the cancellation of the deferred 0.0099 shares, I think there were a lot of them. Do we know how many shares are currently not accounted for as either deferred, options or warrants ? Just curious really. I also wonder if GWMO have already been approached based on the previous estimates, guess time will tell. Have a good weekend.
Nice, I doubt we'll get any form of confirmation from the BOD until an RNS is released. Today has shown for me that they want to keep it under wraps until the conversions are complete. Silence is golden as they say. Looking forward to the next couple of weeks, let's hope we've put the jigsaw together correctly !
I get the feeling it's just a matter of time now. Will be interesting to see where we re-rate to when the conversions are finally complete. If Eric reveals a Tencent deal after that, then this board will go crazy and hopefully a significant move north in the SP. Holding long for this and a cracking payday.
So, looks like Eric is playing the 🙈🙉🙊 game. I presume we'll have to wait for Atlas to finish before any further announcements, and release from these levels. Have a good long weekend everyone.
https://www.legalgamblingandthelaw.com/news/china-issues-blanket-ban-on-online-poker-games/ Not sure I'd want to be a developer or App owner in China willing to take a risk !
No worries, but agree you need to DYOR. As for China and gambling, it's probably going to hurt quite a few companies, the ban comes into force from 1st June (I think). I would have expected the big companies to have already pulled their gambling apps, after all it's China we are talking about not Europe or USA. As for hurting Tencent, well I think they have their fingers in many pies across the globe, and not just gambling.
Hi Shocker, I've been a holder for over a year now. I just wanted to confirm and re-iterate to you that MYSQ posted a Lucky Wingabar poker event yesterday (for today) on their official Facebook page, and the image had a large Tencent Poker chip on it. That image was copied to Twitter by various users. As at this morning MYSQ have deleted the post. Read into it what you will but I think it was a 'faux pas' by the advertising team, possibly jumping the gun.
Morning Andrew, thankyou for taking the time on a Sunday to write this reassuring post. I too have been in GWMO since last June, and have slowly accumulated a small position - 750K shares. Now waiting with anticipation of news from the company. I noticed from one of the previous RNS, that GWMO are now using Bureau Veritas instead of WT Cohan for the assays, can we regard this as a positive? I presumed they had switched due to the issue with the last JORC. Anyway, have a fantastic Sunday and hope we hear good news soon.
@dandelion, I've just Google translated the post and you are correct they are giving away 10000 MPT top-up cards. As far as I'm aware, I don't think MPT are a current partner, please correct me if I'm wrong. Therefore, why advertise and give away a non-partners top-up card unless...... Here's hoping for some news. GLA.