Member Info for Luckybob23

No problem Denby, obviously DYOR ect ect.

Weigh up the risk vs reward , its suits my appetite but each to their own.

It's a company creating a new asset class to provide working capital by monetising inventory before it gets sold to the end buyer.
By use of a true sale to ensure its not debt on the balance sheet.

Funders invest in a portfolio of inventory to spread risk and recieve a healthy profit.
Inventory Is placed in a special purpose vehicle and a contract is drawn up to digitise it but still allows the client to continue to sell the inventory as they are still in possession of it, once sold tokens are cancelled out.

Syme take a cut , 1% or 1.5% depending on which funding channels are used. Also a non refundable due diligence fee of 15/16k per client.

The model will span Europe and mena regions with specific sharia compliant platform and also run a US in transit model , we are in the process of acquiring Tradeflow who already run several funds for in transit monetisation.

The issue is we expected these to all be up and running and we are behind schedule, hence the price.

When we complete the captive bank, secure all three funding channels then its a money printing machine with a huge world wide market to tap into.

They are just scum doug.
Lse is 80% scum that will try and convince you whatever suits their position.
Basically con men.

Bunch of tools talking nonsense because the rns doesn't say boom.

Let's face it concentrating on what you have got to work with and cutting the expensive chaff out is a good thing.

Lots of anchoring attempts, got to love LSE...

There's a lot worse than JR on LSE.
Not that I'm a fan of ramping , but this place is a cesspit of crooks, conmen and keyboard warriors.

Anyhow, had this on my watchlist for sometime and never bought in.
Well done to those making some pounds. Nice to see others profit.

"I emailed AZ , asked him whether Supply@Me would be looking at taking on former Greensill employees, he was positive about it at the time, so no surprise there"

He said as such in one of the last interviews, specifically they need more analysts and will be looking to ex greensill employees as potential candidates

Its a Very strange chap that's so confident in his own investments he has to spend most of his time attacking other peoples.

That's how anyone should take prediction or fag packet math on LSE.

I liked both savvys and weathergeeks fag packet math, but it was only based on limited information available and since we don't know enough about costs to work out the profits its just optimistic guesswork, but still the best anyone can do with what was available.

Only issue i had with savvys math is the PE ratio and as such would always look to the lowest and not get excited or drawn in by the higher numbers.

Both of those people still offered more than most posters on here did , but that doesn't mean we should take anything as factual and invest off the back of it.

At the end of the day our investments are made from our choices and if our choice is to listen to fairytales or only the ramping side of the argument then that is on us and any loss or profit is on our own back and nobody else's.
If people are borrowing money to invest or using money for mortgage payments then they need to speak to gamblers anonymous because they have a problem.

I've been in the red here since day 1, over 50% down at one point. But that's no posters fault on here .
You won't hear me blaming others for my investment choices.

If people are investing off the back of ramping or others opinion then its a valuable lesson they need to learn from , because at somepoint they will learn from it , be it here or elsewhere and the costly lessons are the hardest to take but will teach you fast.

If people are presenting facts mixed with opinion then you check the facts and discard the opinion and never count your chickens or expect the market to react the way you feel it should.

At the end of the day , take everything on a BB with a pinch of salt and trust nobody.
Doesn't mean you have to hate or abuse everyone, just remember you don't really know who you are talking to or what their agenda is .

But ffs own your own decisions

"Why do they need SYME for that ? Serious question"

8bn worth of funding with our captive bank.
As opposed to a 40m fund expected to grow to 100m (probably reached by now)

I think some folks seem to think balance is countering crazy ramping with crazy deramping.

I can see the glee in your face from here brass.

Says a lot really that your so excited about today's events your still rabbiting on about it at a quarter to midnight on a Friday night.

But then again it shouldn't be a surprise given how you acted in suspension.

Nice chap.

"I knew I wasn't the only one! Loads of people have left"

Yep, loads of people who never posted when it was going up, never posted when it came out of suspension, never posted when there was good news .. all post when there's a poor rns to say how glad they are the sold a while back..

Nothing suspicious there at all.
Doesn't happen on every other BB either?
Hmm...

"I was just pointing out the reason why a SP can move on the result of a stat audit, as a lot of people believe that because the financial year is in the past, it won't affect the future of the SP."

Please stop tarring everyone with the same brush.
A couple of people isn't a lot and it's certainly not most of us.

Because its crap Lee.
Horses for courses , but when it comes to being able to buy and sell when you want to then you need a better platform.

3 tonne per hour on the crusher
1.5 tonne on the concentrator I think.(at max cap)

Plenty for what we bought it for.
Kept busy by the waste material when we aren't using it for our primary source.

"I think when the market sees that video they will realise just how tiny this Alba operation is.
Can a plant of that size process 1 ton a of material a day?"

The information on the plant size and capacity has been known for a long time fella.
It was stated well before it arrived on site in an RNS and was easy to find on the manufacturers site.

Yep we all want the same thing peak, 8 weeks is nothing after what we've all been through.
Time flies quicker every day older you get , months seem like weeks these days :)

Wolf , anything resembling ARBs clarity will be excellent, whether monthly or bi monthly.

Parm , morning fella.

Foggy on the North Yorkshire coastline this morning, that'll teach them tourists for clogging up my roads.

All this time we've been saying proof of concept, when really it's proof of funder, proof of client numbers , getting the first transaction complete does both.

Saying something is happening isn't enough for the market when self imposed deadlines have been missed more than once , especially when you have a company that is keeping many important facts under NDA and scallywags writing negative articles and creating fake websites ect.

Don't get me wrong, I take what the company says and whos involved over a bunch of trolls and drunk so called journalists.
But AZ has given shorters and detractors a whole duffle bag of ammunition to fire at us and syme.
We need to disarm them and getting off the starting blocks will do that . The accounts will also help by showing client numbers who paid DD and not having the "going concern " we had in the last ones.

I can see where your coming from Poor.

I don't see TF completion as anything to do with first tranch if clients been monetised .

The first monetisation will occur when either the captive bank is complete or the funder is given a broader portfolio of clients, I suspect the captive bank will come first.

Still don't see TF completion holding anything else back other than TF .