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New high for today at 23.6p Up 4.4% on volume of 4.62 million.

JLP straight to the top of the leaderboard this morning.

This part is very interesting:
:The Pendulum Bull Case for VCs
SatoshiPay project, Pendulum chain, draws in VCs with its potential to build a fiat DeFi future

VCs (venture capital funds) are showing an ever-growing interest in crypto projects. Pendulum’s message of connecting traditional finance services to DeFi through a tailor-made decentralized fiat parachain, is more than arousing curiosity in VC investors.
$5m Private Sale Completed, $15m Pre-Sale Approaching
Back in November 2021 we announced the over-subscribed private round sale for the PEN token. With strategic partners from around the globe including: coinIX, LD Capital, Duck DAO, 6K Starter and CRT Capital. In addition to these funds, high-profile angel investors like Daniel Masters and Shiyan Koh (Hustle Fund) participated. The full article summarizing this raise can be found here:
https://pendulum-chain.medium.com/pendulum-completes-5m-private-sale-to-connect-fiat-to-defi-56092a0506e9
This May Pendulum will raise a further $15m in response to the growing investor demand. The capital raised through these sales will be used to continue developing Pendulum chain, a blockchain being built on Polkadot’s Substrate framework to establish the missing link between fiat and DeFi with a sophisticated smart contract network.“
This is getting very interesting and is clearly moving at pace. We should get an RNS soon .

The point to note is how much money Big Tech has to spend and the valuations being placed on gaming companies. We know Dynasty is talking to Big Tech and clearly £300 million + for Dynasty is small change for a company like Microsoft. It is also a big endorsement of the sector that Buffett has made such a large investment in fact his largest in any sector for some time.

When considering how much Dynasty may be worth it’s helpful to be aware of how active the gaming sector is and how much money is invested in it with Warren Buffet increasing his exposure:
“ Warren Buffett's Berkshire Hathaway has boosted its stake in Activision Blizzard from 2% to 9.5%, the investor revealed during his company's annual shareholder meeting on Saturday.

Buffett explained that while one of his portfolio managers established the stake in the video-games maker last year, months before Microsoft agreed to acquire the company, he had since decided the stock was too far below the deal price, and decided to boost Berkshire's position.

The Berkshire chief said he wanted to make some news, and head off any incorrect news stories if Berkshire raises its position to over 10%, and has to disclose the position with the SEC.

"Every now and then I see something that I want to do in that field," Buffett said, referring to "work-outs" or arbitrage opportunities. The investor is betting the deal will be approved by regulators, and Activision Blizzard stock will rise to the deal price, generating a profit for Berkshire.”
Buffets stake is worth US$ 6 Billion and that’s before the Microsoft deal goes through. This is very encouraging for Dynasty to be valued at the top end of our expectations or probably higher.

Do you have anything to substantiate your expectation of an imminent £900 million bid for the Tjate license?

This is the conclusion:
Midas verdict: Jubilee Metals has discovered a way to turn waste into valuable, high-quality metals and reduce miners' environmental footprint at the same time. The company has taken a while to prove its processes and gain miners' confidence, but much of the hard graft has now been done, interest is rising fast and the future looks bright. At 15.2p, the shares are a buy.

Playtech, a gambling technology provider, has recently entered into an agreement with Leap Gaming to provide virtual sports and casino content. The complicity between two big names in the gaming sector is being hailed as a key milestone for both organisations, as this symbiotic business relationship enables them to expand their reach in a medley of regulated regions.
Game developer Leap Gaming is a renowned name in the world of both casino gaming and 3D virtual sports. Similar to “Playtech, they provide the resources required to extend user engagement, player retention, conversion and gaming revenue via their patented and customizable gaming content. The partnership will bolster Leap’s distribution capabilities significantly, and they look forward to capitalising on the numerous opportunities that will arise for both parties.”
This is from the Business Cloud article and indicates the reputation and importance of Leap.

Well spotted Ragnarr . There is a lot of work going on using pendulum which is very exciting. It is gaining more and more momentum which should lead to some good news that can be the subject of an RNS before to long.

Just before that delayed trade in the space of a couple of minutes there were 9 trades of 50000 and one of 150000 all at 23.50. So looks as if someone purchased 1.1 million shares first thing this morning at 23.5p. Which makes it very odd that with 5 million buys v 2.3 million sells this closed down on the day at 22p.
Let’s hope that we can end the week at a new high of at least 25p having achieved that intra day earlier in the week.

That is just speculation on your part that it is a bit bigger than LEAP! But I would be happy with that as it indicates that LEAP may well achieve a number much higher than our current expectations. Ed did say a £50 million market cap was a minimum and that it could be much higher.

Down just 3% now at 22.3p. One would not expect this to close down as on volume of 6450000 buys outweigh sells 2/1.

Positive start Up 1.7% to 23.4 on volume of 200000. A buy at 23.75 has just gone through.

Now Up 2.2% at 23p on volume of 700000 with buys going through at 23.3p. It won’t take much to set a new high today.

Simon Cawkwell makes an excellent point when he says “ Soc Gen do not take on such an appointment only to announce that they cannot do the biz. This means that CHAR will get its dough and the upside is all that of current equity holders. All aboard.” Clearly Soc Gen have seen the CPR or enough of it to know they will have no problem arranging the debt finance.
Malcy has given a very positive endorsement today and I am sure Simon Thompson will do likewise very soon.
Perhaps we will see some new targets based on the debt funding being further derisked.

Looks as if Malcy’s comments have started it moving again Up 12.7% at 22.2 on volume of 8.3 million. A new high for today.

Following a fund raising last year Dynasty announced it intention to IPO in Australia. We are now at that point so we should expect news soon. We just received this update:
“ With regards to a potential listing, we remain open to all options but are not currently tied to any one specific direction or timeline. We are continuing ongoing discussions that would potentially provide a different outcome to an IPO. Our board and hardworking team will continue to act on the best interests of our shareholders."

Derek Lew, Chairman of Blue Star Capital said that: "I am thrilled to see the ongoing progress being made by Matt and his talented team at Dynasty. The securing of these agreements demonstrate the team are executing their strategy and reinforce our belief of the growth opportunities that lie ahead for Dynasty. From a Blue Star perspective, I am also particularly pleased that they have numerous options open in terms of how they continue to scale the business globally."
It seems reasonable to conclude that the discussions we were told about( in an interview by Derek of The CEO of Dynasty) with a global big Technology Company are progressing well. It is therefore highly likely we will have a liquidity event announced by Dynasty with Big Tech buying them out , at which point BLU will have more cash than it knows what to do with. Stopping further dilution was an excellent move and will be good for the share price. One of the favourite tools in the derampers toolbox is to predict a fund raise. They can’t do that here.

The negativity on this bb is getting very tedious. This is a reminder from the last report of achievements and progress:
“ Conclusion

As mentioned, the Company's move towards investing more within the medical cannabis, health and wellness space, is reflected in the recent rebrand to SEED Innovations Limited.



Our focus on these markets is strategic, based not just on our team's track record of working in the space, but also on what we believe to be a highly favourable long-term demand profile for proven products that are increasingly ubiquitous to our everyday lives.



According to a report by Fortune Business Insights™, the global cannabis market is projected to grow as "Rising awareness regarding the product's therapeutic and medicinal benefits, enabling policies, and relaxation regulations are likely to foster market development."



Several international markets where our portfolio companies operate continue showing strong growth. For instance, the Australian market is expected to reach A$230 million in 2021, more than doubling the A$90 from 2020 (source: FreshLeaf Analytics) while Israel just surpassed the 100,000 patients mark, doubling the number of patients from just two years ago (source: health.gov.il). Furthermore, other European countries, including the U.K., Denmark, Poland and France continue positively developing their medical cannabis programmes which represents a material revenue opportunity for our portfolio companies in the medium and long term.



We are confident that current market sentiment within the sector is not reflective of global market dynamics, which data indicates is robust, I would suggest this is down to several companies that jumped on the IPO bandwagon and disappointed their investors. Utilising our team of specialists, we analyse hundreds of companies and only invest in those that we believe provide significant growth opportunities. Given where the market is and the depressed valuations, new opportunities are being opened up to us; accordingly, we are reviewing a number of exciting prospects.



Additionally, the board and I are excited about the other opportunities that we have invested in, particularly Leap Gaming, which has indicated a likely H1 2022 IPO and, similarly, Juvenescence, which is also moving in the same direction.



As we move into 2022, we do so with the knowledge that our major shareholders are happy with their positions and that several stabilising, long-term strategic investors are assessing our business with a view to investing. We therefore look forward to the year ahead with confidence as we focus on delivering on our investment strategy to create significant value for our shareholders.”
News can land any day which will transform this ridiculously low sp which is trading at such a massive discount to NAV . Ed says £50 million minimum Market Cap which has to be reliant on Leap.

Sp was recovering well into the close. It is irritating that they have closed it at 21.40 on a 1 share uncrossing trade when the last 2 AT buy and sell prices just seconds before the close were 21.7/21.5.

I just watched the video and it’s essentially what Mark was saying in that recent Crux Investors discussion. All miners large and small were at lows but that was now changing and we are starting a once in a decade period for gold miners to make serious returns.