Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
It's a big deal for a small cap company to start generating revenue...How many mining companies who are years away from revenue have a hanger mcap than us? Just shows the potential.
Be great to find out the cash flow in the interims and what the projections are for the future. The sky his the limit here and this could go like ARB did imo.
Just part of the testing phase I reckon. Possibly just trading with themselves to create a volume to test integrations and that everyone works in the real world.
Until there is an RNS saying that GS20 is live and launched then we are still in the testing phase officially.
We are a UK company likely selling to a Chinese/Japanese company. The payment will not go into Russia to then have to get it out of Russia. It will be paid directly to the UK imo. But happy to take Roubles if they want to send me a few suitcases full of them. I'm sure I can get them exchanged in Switzerland.
Yes there is a risk of strategic minerals and the state taking them. This I was aware of when I invested in 2020, it was a concern, but thought unlikely to occur. Now though is a different situation and the risk of it happening is higher than it was then.
I've always found it a credible source for crypto info. Never heard of coincodex and coincheckup until Friday when I was trying to verify the GS20 volumes. I'm not very convinced the volumes reported from these sites are accurate as some have mentioned.
You don't go from zero to 50% of binances volume overnight.
Not interested in ramping or de-ramping, just verifiable facts to inform an investment decision.
GS20 not showing on CoinMarketCap as far as I can see. This is a credible source for crypto info. Until it's on there I think the trades can be taken with a pinch of salt.
https://coinmarketcap.com/rankings/exchanges/
Perhaps GS20 has just plugged in the binance API to test its platform and provide it with live market data before going with purely its own trade volumes. Proof of concept etc.
https://www.binance.com/en-GB/binance-api
It's difficult to say Kopf, Coincodex and Coincheckup clearly show GS20 with the high volumes, but looking at CoinMarketCap for example GS20 cannot be found. Clarification from the company is required imo.
We can only judge this on the evidence presented to us.