Member Info for JiffyBag

Correct, manifest by the Kob Heads talking their own book all the time, with new thread titles exclaining so, and the pantomine that goes with it.🤣🤣🤣🤣

Que the 'Stranglers' 🤣🤣🤣🤣

Let's hope Lloyd88 is proved wrong. If the expected RNS does indeed arrive within a couple of weeks, I think he will be eating his own words re 2p.

Add to that anyfurther news on AI/Soft launch plus anticipated acquisition etc one would think he would then have nothing further to say of any real value. The thing is if you are going to be making such statements like Lloyd88 does you need to add a rationale in order to support your view. Sadly, Lloyd has not done so, ergo I personally will just dismiss his comments as 'Talking his own book blurb'.

Good Luck all.

Hi Bamps,

Re: 'In between Laverton and Ernest Giles there’s a huge potash resource.'

Sell it to Anglo American, might get my money back then from SXX!

🤔

TW,

Ratners ??,

'We also do cut-glass sherry decanters complete with six glasses on a silver-plated tray that your butler can serve you drinks on, all for £4.95. People say, "How can you sell this for such a low price?", I say, "because it's total crap."

'He compounded this by going on to remark that one of the sets of earrings was "cheaper than a prawn sandwich from Marks and Spencer’s, but I have to say the sandwich will probably last longer than the earrings".

https://en.wikipedia.org/wiki/Gerald_Ratner

🤣🤣🤣

Sloth,

Start by looking at the original prospectus from Dec 2021.

From original prospectus Dec21

Quite a lot has moved on forwards since then. Suggest you look at later RNS’s since then to get up to speed.

Prospectus:

Page 5

The Group will be well positioned to leverage a variety of neobanking business models and monetization strategies, including deposit/withdraw fees, FX spread, and transaction fees. The Group will seek to obtain any further licenses that may become necessary by applicable law at a future point in time.

Page 29

Strategy

With an API license, the Group will operate an online remittance portal (GSend) to enable customers to send cash including internationally. GSend will use corresponding agent networks and leverage on existing bank payment systems (e.g., UnionPay). Target customers for GSend are migrant workers and SMEs. GSend’s revenue model is to charge a transaction-based fee for example for example £4 + 0.5% of the transaction value).

The GS Money App is a borderless account (multicurrency e-wallet). The user pays a subscription fee on a monthly basis.

Link to prospectus

https://www.gstechnologies.co.uk/_files/ugd/59e1de_504fc583b6dd49af8b992aff6fc0b4bb.pdf

Keep off the weed Toffers, it makes you paranoid! 🤣🤣🤣

Officemanager,

Your talking to the wrong Lloyd 😂

As I said late May for a response some time back now, but I now reckon given this bill passage through Parliament the 13th of June plus is my best estimate, if we do get a response by end of May then great.

The main thrust of any approval by the FCA is most possibly dependant on the passing of the Financial Services and Markets Bill, all IMHO for obvious reasons as already provided.

DYOR of course & normal Caveats apply as expected etc.

Good luck.

Concentrate on this:

https://bills.parliament.uk/publications/49064/documents/2626

current status:

https://bills.parliament.uk/bills/3326

The impeteus is thereas far as the UK Govt is concerned from what I have read so far.

ie

'The government therefore intends to bring activities facilitating the use of

certain stablecoins, when used as a means of payment, into the UK regulatory

perimeter. This will be done primarily by amending existing payments legislation,

enabling the UK’s regulators to set firm-facing requirements in a framework set by

government and Parliament. In line with the government’s staged approach to

regulation, it is likely that future regulation will be needed for the wider market in

cryptoassets, to respond to growing developments in the sector and to facilitate

responsible innovation. The government will therefore consult later this year on

bringing wider forms of cryptoasset activity within the UK regulatory perimeter.'

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1088774/O-S_Stablecoins_consultation_response.pdf

NC,

You wrote,

'If the FCA was to approve the application they would have done it by now, and they wouldn’t leave it until the end of the month in order to make a decision.'

How did you come to the conclusion, they would have it done it by now.?

Now you have read the RNS you know where GST currently stand etc.

Re: 'What if the decision isn’t the one everyone is expecting…?'

I would imagine in such a scenario, GST will have already thought about that so leave it to them, however I am reasonably confident that we will move onto the testing stage given the Company has received the proposed Sandbox testing plan from the FCA.

NC,

Re:' If the FCA was to approve the application they would have done it by now,'

Read the RNS

GSTechnologies Limited (LSE: GST), the fintech company, announces that the Company has been informed by the UK Financial Conduct Authority ("FCA") that the expected final panel review meeting in relation to the Company's stablecoin application for admission to the FCA Regulatory Sandbox (the "Sandbox Application"), as announced on 20 February 2023, is no longer able to take place as scheduled due to unprecedented levels of sickness within the FCA team. As a consequence, the FCA have indicated that they will now be able to provide a decision on the Sandbox Application by the end of May 2023, not mid-May as previously indicated. In the meantime the Company has received the proposed Sandbox testing plan from the FCA and it continues to assist the FCA with their review of the Sandbox Application alongside advancing its other GS Money plans.

Loft Monkey,

Re: I agree with you

'What people seem not to understand is the when we finally bring out the good stuff from underground and start earning revenues the share price will triple bag and could even reach 9.5p '

9.5p???

Don't forget consolidation will have happened by then if voted through???, and the very fact that we could be stockpiling ore etc for some time as Bamps has pointed out before any production revenues are earned should see the SP much improved from now.

Anyway, all irelevant for now until we know exactly!!! what will transpire from the NEM/NCM fallout.

Just got to sit this one out I'm afraid and see what transpires.

What Will Happen if Russia Collapses

https://www.youtube.com/watch?v=E95c7k9ph5A

I agree DW75,

How can you price in something that has yet to take place?

If it does take place it will move the dial northwards IMO.

Each and every successfully passed stage of the FCA process is adding value to GST, so we move nearer the ultimate goal.

We await news on other fronts, soft launch, AI, a prospective acquisition, et al , all of which should add further value etc.

There will always be the usual 'Sell on News' brigade talking their own book after they have sold. One can spot them a mile off with their 'Flip Flop' posts and numerous thread titles day after day.

Do your self a favour Tim and watch it all if you can stomach it that is, the fact is all of the data she presents comes from within the former USSR, ie Russia, you therefore can hardly argue against Ekaterina_Schulmann's case IMO.

Trek,

Will do, thanks.

Correct Trippy RE:JPM according to ShortEurope.com JPM made zero gains, maybe that's why they closed below 0.50%, all an illusion?

https://shorteurope.com/history_company.php?selskapsnavn=Greatland%20Gold&land=united_kingdom

https://shorteurope.com/history_player.php?player=JPMORGAN%20ASSET%20MANAGEMENT%20(UK)%20LTD&land=united_kingdom#Greatland%20Gold

That however totally excludes 70m shares now on 'Loan' but how many are actually deployed?.

Obviously having such firepower when volumes are very low like today can have a significant impact.

https://www.ggpchat.co.uk/viewtopic.php?t=164&start=220

It's called finance Lloyd, money doesn't grow on trees. Finance for a potential acquisition and a host of other objectives etc.