Member Info for JiffyBag

ATP,

Whatever transpires, GGP will IMHO either come out of this unknown quantity with either a special dividend for the sale of our 30% interest OR a brand new JV with NCM.

My bet is on a new JV with NCM.

Another alternative is a divestment of Havieron by NEM and they retain Telfer plus ongoing Royalties for their sale of 70% of Havieron?

So many potential permutations, the mind boggles.

Bottom line, the 'Sunset Clause' (Apr 24 ???) will ultimately lead to a decision one way or another where we can decide on how to progress from thereon IMHO.

For now, I would fully expect NEM to takeover the JV and carry on as before.

GG,

Trotsky took you to your uncomfortable zone today that was clear to all where your so called evidence (Zero) was at it's weakest and non existent.

Now you are hopelessly stood in the creases trying to bat them off but are failing miserably.

Further, I have personally fired off an e-mail to DEC with full details of all your postings, so have a good weekend, and relax!

Agreed Terry,

Just fired off an e-mail to DEC re all GG's postings, you never know they may act?

Splat,

He could afford this fine Yacht no doubt, LOL!

https://tinyurl.com/4nn9pyap

Greatland Gold Live Q&A and Town Hall, Thursday 21st September

https://www.youtube.com/watch?v=4Y_evHjeYUI

Trippy,

'but now we’re stuck on aim', that would be a part solution get us off AIM ASAP !, would be my strategy.

Maybe someone going to the TH can actually put that question to SD?

Ever heard of Anthropic, AI website, just plugged in this question to see what it would spit out.Realise there has now been a change of management etc so don't take this too seriously . Read some of the 2022 Annual Report and strategy looks very promising if the new CEO can grow sales etc.Still, always interesting to get another view.

Question: Wandisco is a interesting company, what are your thoughts on it succeeding over the next 5 years so that it actually makes a profit?

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Answer: Wandisco does have an interesting technology platform, but its prospects of becoming profitable over the next 5 years face some uncertainties:

Competition - The data replication and AI ops markets have seen growing competition from both startups and large tech companies. Wandisco will have to stand out with superior technology and execution.

Sales execution - While Wandisco has bluechip customers like Microsoft and IBM, it has struggled to convert pilots and proofs of concept into steady revenue growth. Better sales execution will be key.

Shift to cloud - As enterprises move to public cloud platforms, Wandisco will have to keep evolving its offerings to maintain relevance. Cloud data migration and management require different solutions.

Path to profitability - Wandisco has focused on growth and still loses money. It will need to optimize its cost structure and demonstrate a viable path to profitability at scale. This may require it to rethink pricing, resources, etc.

Funding needs - Wandisco is likely to require additional funding if revenue growth remains uncertain. Funding environment has become more challenging given economic conditions.

Competition from cloud vendors - The big cloud platforms are enhancing their native data replication and management capabilities. This could make Wandisco less essential over time.

Overall, while Wandisco offers some differentiation, the growth and profitability outlook remains challenging given market dynamics and execution risks. Significant outperformance of expectations would likely be needed for it to achieve sustainable profits in 5 years. But the potential cannot be ruled out.

One thing is for sure, the size of the market is absolutely outstanding.

Cross-border payment dynamics were particularly robust. Flows reached about $150 trillion in 2022, a 13 percent increase in a single year. This money movement generated an even greater increase in cross-border revenues, which rose 17 percent to $240 billion. Revenues from cross-border consumer payments—both C2B and C2C—increased at double-digit rates, accelerating from high single digits in 2021. Conversely, both forms of commercial payments (B2B and B2C) grew by 10 percent, somewhat slower than 2021’s postpandemic surge.

https://www.mckinsey.com/industries/financial-services/our-insights/the-2023-mckinsey-global-payments-report

Https://www.quora.com/What-is-1-percent-of-1-trillion?share=1

Ans: 10Bn

So, 1% of 21 Trillion , = $210Bn , absolutely Fecking crazy, eh?

So, 0.50% = $105Bn

All for fun as realistically just an odd Billion will do for me.

ITS, Do let us know in advance of your super predictive crystal ball forecasts , then we can all be millionaires overnight, I like that .😎

Parallax has raised $4.5 million in seed funding to tackle the $21 trillion cross-border payment market‘

Thanks AHS, all good stuff.

I had a look around the techcrunch website today, and found this article about a company called Parallax, very interesting in so many ways, albeit a competitor etc.

‘Sending money across borders is filled with friction, like long wait times, high transaction costs and markups on currency exchange. A startup called Parallax wants to make the process faster and cheaper with a cross-border payments system that can be used for stablecoin, crypto or traditional currencies. Parallax has raised $4.5 million in seed funding to tackle the $21 trillion cross-border ‘

https://techcrunch.com/2023/09/12/parallax/

The size of the cross-border payments market is cited here as being at least $21 Trillion!!!

I’m not greedy 0.5% of that will do 🤑

Worth reading the article in full just to get your head around what Parallax, and indeed GST are trying to achieve here. Many, many similarities between both companies ,such as the use of blockchain, stablecoins, and even crypto.

The fact is that the NEO banks are only just in their infancy IMO, and are going to steadily grow over time to capture a slice of what is a very large market indeed once licences and infrastructure are in place.

That’s where we are right now IMO, building the framework so to speak.

'Or, you may have seen the child who has a meltdown while waiting in line at the grocery store, falling on the floor and kicking their legs. '

KS fits the bill IMHO!

'Attention-seeking behavior is everywhere, and almost all of us have witnessed it at one time or another. You might be familiar with the friend who seems to way too much time on social media, constantly bragging with a seemingly endless need for personal validation. Or, you may have seen the child who has a meltdown while waiting in line at the grocery store, falling on the floor and kicking their legs.

The behaviors of people who seem to be seeking undue amounts of attention are apt to make us uncomfortable, irritated, and embarrassed. They are exactly the kinds of behaviors that seem poised to push our buttons. The question is: When is attention-seeking behavior something we can simply try to ignore, and when it is a problem that might need to be addressed in a more serious way? '

https://www.verywellmind.com/attention-seeking-behavior-causes-traits-treatment-5213790

Now you should all realise whom I am taking about, such a mess Eh? 😎

Good post Jerry @ 20:20

Nail on Head!

Interesting analysis Rogue Trader,

I particularly like the way you decided to analyse the company via Cashflow, because it is as you suggest very difficult indeed to analyse DEC when trying to take account of the ABS's and hedging derivatives etc, it's a very complicated business model.

Looking forward to your update for the financial year end results.

Hi Bamps,

Re: WSBN: You reckon it's pyrite, why?

'The mineral pyrite, or iron pyrite, also known as fool's gold, is an iron sulfide with the chemical formula FeS₂. Pyrite is the most abundant sulfide mineral. Pyrite's metallic luster and pale brass-yellow hue give it a superficial resemblance to gold, hence the well-known nickname of fool's gold.' ???

😄

@AHS,

Your wasting your time with KS, he only narrates according to his current trading ploy, that IMHO is what the guy is all about!

A total Flip Flopper , Eh!" KS? , nothing like a bit of transparency to flush out the real narrative :O)

Bottom line, stick to your own beliefs and strategy on what GST is all about and ignore the Flip Floppers narrative.

Agree Splat, just a waiting game for now, but it will come IMO.

(Note to Novice Hunter, how old are you? , your posts are juvenile and offer nothing for readers, reported your posts )

Thirdly, RIO are now knocking on the door, just on their periphery, cannot see NEM being ecstatic about that, can you?