Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Also from the RNS 31/12/20..
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.
The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations.
What I do know and this is from the latest RNS.....
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.
“The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations.”
WITHIN THE NEXT MONTH :-)
We’re already 1/4 into the month...
Happy Dayz :-)
I for one am happy with the amount of hard earned cash I have invested in SYME.
I don’t care in the slightest what anyone else had invested, that’s their business.
I’m comfortable with the amount at risk, I’m happy with the regular RNS and I BELIEVE I have a winner here............
So I don’t give a **** about anything else and certainly don’t listen to any of the “usual de-ramp crew”.
GLALTH
You need to be quick...... ;-)
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory
Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market
the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted "positive revenue impact for SYME."
"The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations."
NEWS in the next 3 weeks at least......
From the last RNS;
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory
Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market
the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.
"The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations."
It's going to be an eventful first month of 2021.
GLALTH
I agree, fantastic day and plenty more to come.
That’s the problem some people are going to face if they sell out. If they get the timings wrong it’ll be NT to buy for ages and then when you can buy you’ll be either buying in chunks or/ and at a much higher price.
Not selling any of mine for a very long time.
Don’t care about daily fluctuations, don’t listen to ‘Doom & Gloomers’ & de-reampers make me smile!!!!!
Can’t help myself.......
Been here since August, still not broken even but do not care coz.....
I just love SYME :-)
Excellent, I expect AZ to be grinning like a Cheshire Cat whilst delivering life changing news.
Possible JUICY RNS in the am beforehand.....
Not bothered about these slight movements as these prices are chicken fee compared to what it’ll be in 3 months time.
Whilst it’s not nice to see 15% down, I wouldn’t worry about it. I was 45% down so know how you feel.
This is long term (I’m sure you where planning longer than 24 hours) wait till the end of Q1 2021 at least.
I emailed farm2 pharm too but never got a reply :-(
From 30th October RNS...
Read the Last line.....
The Company announced on 10 September 2020 that it was analysing whether to syndicate its first securitisation note across a number of investors, or work on an exclusive basis with one investment fund. Following detailed evaluation, SYME confirms that it has agreed to partner on an exclusive basis with a global investment fund (the "Investor") whose intention is to subscribe for the whole of the first issuance and become an ongoing partner of the Company. Whilst this decision has put back slightly the date of completion of the first issuance, the opportunity to form an ongoing partnership with the Investor will provide valuable benefits to SYME, both in the short and long-term.
Supply@ME is also pleased to confirm that the Client Companies included in the first Inventory Monetisation transaction are now fully on-boarded and that the Platform continues to originate further corporate clients through its strong network of local partners and intermediaries.
The decision to work with a single funder for the first securitisation transaction is based on the following.
1. International large volume investor in credit opportunities
The Investor is a leading global alternative investment fund manager, founded in the 1980s, with a globally diversified investment portfolio valued at more than $70 billion.
It has an extensive track-record of structuring, optimizing and executing capital markets solutions across many asset classes, as well as in the development and growth of various forms of lending businesses.
2. Ongoing partnership
The Investor intends to form an ongoing partnership with Supply@ME. Its objective is to support the growth of the inventory monetisation business to achieve a significant critical mass of inventory assets held, combined with a funding track-record, such that it can explore other sources of finance at lower cost for future SYME securitisation note issues.
“The Investor is also evaluating the acquisition of a minority equity participation in SYME.”
Following its acquisition, the Bank will remain independent of SYME, being owned by the Financial Partner (who has committed to recapitalise it) and the Co-investors. SYME will not be a shareholder and has no costs associated with the transaction. It will, however, be the main commercial beneficiary of the acquisition which will provide funding through the Platform, via a novel "banking as a service" model.