Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They won’t need a vote as GCG is main listed and not on Aim
PART 1
So the more I research into Bolt and it’s people, the more excited and confident I get.. I’m not subscribing to the multiples of pounds being banded about but settling on somewhere in the region of 20-30m MC (60p- £1 depending on dilution) Pure speculation as no figures to go from, but a very strong team at Bolt..
Jamal Hassim the CEO and co founder is on multiple interviews with CNN, Sky news and CNBC.. most of them throughout the last year discussing Bolt and where it fits into the market.. Very positive media exposure there, although would expect to hopefully see more by the end of the year
https://wa.me/?text=https%3A//youtu.be/WyA7tf47sA0
YouTube: Jamal Hassim (can’t believe I hadn’t done it yet!)
Graham Duncan (Director of Finance) has a strong background in ‘reporting for companies listed on public equity markets (Aim, NEX and London main market)’
Also has strong technical skills in IFRS, UK GAAP and UK stock exchange requirements.. and a ‘network of advisory and capital markets contacts in UK and internationally..
And in his words.. ‘areas of expertise include financial reporting, IPO’s, Die diligence, acquisitions, exits, valuations and fundraising’
Atif Sarwar (head of investor relations) is where I think it gets very interesting.. he’s also the CEO and founder of Capira Capital and has extensive experience in raising finance for small to mid cap companies that are EBITDA positive and seeking growth capital..
on the advisory board of his company Capira Calital is also 3 big hitters (2 of whom specialise in M&A and IPO activity)
A former CEO of Etisalat International and a Global Head for UPS (who was also head of Asia Pacific Structured Finance for NatWest and Deutsch Bank).. if that wasn’t strong enough, the other guy was only an Equity partner in Ernst and Young lol..
Trevor Healy (advisor, Strategy) has an incredible work resume.. CEO of many companies including Jajah, which was acquired by Telefonica, who he then became a board member of..
Also currently a co founder of Sansa Advisors where he ‘helps founder led companies be the best they can be and unlock strategic value at the right time. Advises companies on how to maximise shareholder value, in a thoughtful manner through M&A, primary and secondary fundraising’… He’s been doing that for nearly 7 years alongside other things! He also was a seed investor for Oyster (not the Travel card) and invested $4.2m on the last round of fund raising (they raised over $70m)
Also Jason Knox (Head of Corporate Services).. based in England and worked for Bolt solely for 2 years.. previously was a Vice President and Senior Advisor at SB Capital Partners.. experienced in Corporate Finance, Private Equity, Emerging Markets and Corporate Development
PART 2
These are some seriously big hitters with plenty of M&A experience, suggesting this is a well thought out and hopefully well executed plan..
Reassuring I don’t think this is going to struggle to relist (which despite the ramping is always a concern with any shell, let alone SPAC’s).. but indeed MAYBE how many bags.. but this will very much come down to how much dilution and finance raising will take place
There’s clearly plenty of people around on Bolts Board to ensure every penny is squeezed from this RTO.. doesn’t necessarily mean they have GCG shareholders best interests at heart! And although Jamal/Christel have significant stakes in GCG, I think that very much will be pocket change to them if their plan of Bolt listing on the main market gains the traction for their vision to bear fruit in 2022
Feeling very confident now and happy waiting
No co founder has said that, please stop spreading misinformation. Not only would that be unlikely but also highly unprofessional from someone that can’t control the regulators.
Agreed, but would also suggest the aggressive acquisitions suggested by CCO, will require large amounts of cash, hence substantial dilution…
The £50m RTO MCap threshold is on that FCA consultation info from July, but do we know if it’s actually been implemented??
Watching and reading Bolt on Twitter and seeing what Jamal and Christel have to say, they certainly seem bullish talking about aggressive expansion...
Dug deep onto James Stevens and can’t find anything about him, so not too confident there although very confident this is going to be happy days all round.. and in terms of turnaround before Xmas, certainly do get the impression a lot of legwork has already gone into this!
With their ‘valuation’ at $9m equating to approx £7m would suggest at least a doubling of share price on relisting.. however the excitement generated over their listing, ‘aggressive acquisitions’, £50m main market suggestions but also dilution all adds to a bit of uncertainty for me as exactly where this is going… either a nice little bonus after RTO or something truly very special!!
For me, a 3 bagger is my conservative hope, with 10-20 bags being incredible (and very life changing for me)
I strongly doubt it, can’t recall any RTO’s relisting within 5/6 weeks, especially with a chunk missing due to holiday season (lawyers etc)
Pure speculation but preparing for late January at best
I thought that strange also. At face value, would suggest maybe not such a long wait.. also in MUST which is taking a long time also (fairly confident with both however)..
Can anyone add me into the Telegram Group, or advise how I find it?
Great research Dave, Thankyou
I’m back in after 8 months for another whirlwind ride here! £7k worth just bought.. 40p again??? Who knows, but like a lot of the dots here!
Good luck all
Surprised and pleased any drop seems to have been bought into.. can’t see much more drop from here as pi’s position themselves for later this week.
A solid springboard for the next few trading sessions!
Looks like due to the RNS, it’s encouraged a couple of sad people to camp out on this board (probably for the week lol)
As much as i anticipate a dip this morning, this will still gather momentum again towards the end of the week.. just another chance with a low entry point for some lucky people!
Dates player Kyle Anderson died at the tragic young age of 33 earlier today. He suffered massively over the years with diabetes problems aswell as several covid issues since the start of the pandemic..
Rumours circulating that there was a link between his underlying health issues and covid complications, and whether they’re true or not, the issue of how much the world needs this treatment more than ever are obvious.
The pandemic and after effects are going to be felt for a long time, with those vulnerable groups, especially diabetics, needing all the help they can get.
Very sad news regardless as he was a great player, but putting investments aside, the World needs a positive outcome on the 6th.
Good luck everyone and don’t forget to hug your loved ones tonight!
The appeal?? James Normand would be top of that list as well as all other investments, IPO’s, trial results etc..
Lots more to come and every good investment builds the kitty.. something big will happen here, patience will be rewarded no doubt
So had share platform moved from Share Centre to II last week and spoke to someone again about my CNEL shares.. still not getting the right person!
Can anyone explain in layman’s terms what I need to tell them to enable me to recover my holding that is showing as zero?!
Great volume today, would like to think news is imminent.. however with no bod payments until deal is struck, low free float, minimal mcap and Zak being all over this... happy to see how this plays out!
Great opportunity that still feels very under the radar to the market!
The guy ferdie is an absolute clown..
Still don’t understand why numpties think they can claim false profits ‘9 bag’ bull when their history shows they don’t understand the company, what they do, and when they bought.. 9 bags in this share over 48 hours, I must have missed that rise!
Please do as Wolves said, before you lose your parents pocket money!
Thanks for your first post advising you sold, when no one ever knew you even held.
‘False info’?? Just poor deramping without any substance.. very confident here of something by the end of the week, time will tell!
It is laughable.. but he ‘sold at 7p’ so an exceptional trader lol
Not sure what reports your reading but the latest RNS stated production end of this year...