focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The Hong Kong Monetary Authority (HKMA) unveiled its Fintech Promotion Roadmap today. The goal of the document is to provide a strategic outlook for the coming year to promote fintech adoption and innovation across Hong Kong’s diverse financial services ecosystem.
The top takeaways? The Roadmap highlights three business verticals: wealthtech, insurtech, and greentech – as primary. The planning document also underscores both artificial intelligence (AI) and distributed ledger technology (DLT) as a pair of enabling, if not revolutionary, technologies that will play a major role in future innovation in financial services.
hTtps://finovate.com/finovate-global-hong-kong-a-roadmap-to-the-future-of-ai-and-dlt/
Lol....and so they've already sold their shares and banked their profits along with the lucky pi's who got in early and ignored your negative opinion at thar time....the new low sp offers an opportunity for those who can make their own investment decisions and are not adverse to risk, to catch the next wave....more good positive newsflow in the pipeline on multiple fronts could drop at anytime, commercial deals, increased revenues and further moves into the AI space will be very well received ....Gla holders....there appears to be several cohorts determined to undermine and deter!!!??? :-)
Get UP there!!! Gla holders :-)
The true value will be determined by the market and further positive newsflow in the pipeline on several fronts....Gla holders...On and UP!!! :-)
Lol, all the traders and pampers and lucky Pi's who got in early have already sold out and taken their profits...the new current low looks very attractive commensurate to prospects and potential and rising revenue streams. Gla holders;-)
Isn't that old news???? The sp is down over 70% as profit takers have sold ( dumped ) their shares on such a stellar rise , and who can blame them??? The current low sp and market cap maybe provides an opportunity to catch the next wave, especially as more good news arrives, which is more than likely given their activities and growing revenues.....RC365's prospects and potential going forward are very interesting. Gla ;-)
Why Generative AI Could Grow After Bad Nvidia Earnings
Aug 27, 2023
Does the rush of capital into Generative Artificial Intelligence depend too heavily on one company?
After all, the Generative AI shot heard round the world was fired May 24 when chip designer Nvidia forecast much faster-than-expected second quarter growth — sending its market capitalization up $250 billion.
That left the investment world on edge in the days leading up to its second quarter results. But the chip designer did not disappoint — instead it grew faster than expected and raised its guidance.
How so? On August 24, Nvidia reported much better than expected second quarter results and raised its forecast. The company’s revenue up 88% from the previous quarter — $2.51 billion more than forecast while Nvidia guided investors to expect 170% revenue growth in the third quarter — $3.4 billion above estimates.
Can Nvidia keep blasting through investor expectations? What would happen to capital flows into the Generative AI ecosystem if Nvidia were to deliver disappointing earnings or a more conservative forecast?
I do not know the answer to the first question, but it partially depends on the answer to the second one — which is if companies continue to find high payoffs from using the technology to solve pressing business problems, then capital will keep flowing into Generative AI.
No, but it was and indication of what trades were buys.
If it helps, the 8m trade this morning was a buy. Gl :-)
The US and UK markets are awaiting a positive update from Genflow on their progress towards fast track accelerated human clinical trials....Summer holidays still in full flow with the main City players not back until 1st week of September and Academia even later...hopefully any news will be delivered when everyone is back for maximum impact...in the meantime I'm going to buy a few early doors tomorrow in anticipation. Gla :-)))
11 billion barrels of oil: Staggering figures show scale of hydrocarbons found by supermajors in Namibia’s red-hot Orange basin
Shell and TotalEnergies have also discovered 8.7 trillion cubic feet of gas in prolific play
21 August 2023
Shell and TotalEnergies have discovered at least 11 billion barrels of light oil and up to 8.7 trillion cubic feet of gas in Namibia’s prolific Orange basin over the last 18 months, according to top petroleum officials in the country.
African Energy Chamber: South Africa must use its natural resources to address energy poverty
NJ Ayuk, African Energy Chamber August 11, 2023
In a televised speech earlier this summer, South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, pushed back strongly against environmental groups’ efforts to block oil and gas production in his country.
Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy (Source: African Energy Chamber)
Even before his speech, Mantashe has been an outspoken advocate for driving oil and gas production in South Africa, where several major discoveries have been made in recent years. Cumulative output for TotalEnergies' Brulpadda and Luiperd natural gas discoveries, when developed, are estimated to be 50,000 bpd of liquids and 125,000 boed. These discoveries represent huge opportunities for South Africa to strengthen its economy and build energy security.
https://www.worldoil.com/news/2023/8/11/african-energy-chamber-south-africa-must-use-its-natural-resources-to-address-energy-poverty/
Fill ya Boots....Upside trajectory from this bargain low in anticipation of news on several fronts. Gla :-)
Very encouraging for something similar for Tower's Walvis acerage, and a win win either way as 25% of GBP's main target , the Welwitchia deeps, lie withinTower's adjoining block.....which near enough gives Tower a free carry on any drill.. Gl :-)
14 August 2023
Global Petroleum Limited
Namibia Update - Approval for Global to enter next phase of Licence PEL 94 Namibia
Global (AIM: GBP) is pleased to announce that the Namibian Ministry of Mines and Energy ("Ministry") has given approval for the Company and its partners to proceed to the First Renewal Period ("FRP") of Walvis Basin licence PEL 94, with a duration of two years from September 2023 to September 2025.
The work commitment for the FRP is to acquire, process and interpret 2,000 kms of 3D seismic data (the "3D Seismic") - carried over from the current Initial Exploration Period ("IEP") and to drill a well contingent upon the results of interpretation of the 3D Seismic. The original well commitment for the FRP - as specified in the Petroleum Agreement for PEL 94 - was firm, rather than contingent.
In accordance with standard provisions in the Petroleum Agreement, the Company and its partners are obliged to issue a guarantee at the beginning of each main phase of the licence, including the FRP. The guarantee is linked to the specified minimum exploration expenditure ("MEE"), which is the firm work commitment for the FRP (the commitment cost of the 3D Seismic), with the precise quantum to be agreed between Global and the Ministry, and has previously been negotiated as a low percentage of the MEE.
Importantly, The Ministry has waived the usual requirement to relinquish 50% of the licence area at the end of the IEP. This means that Global and its partners have retained all of the prospectivity of the licence on entry to the FRP - notably both of the primary prospects, Marula and Welwitschia Deep, together with the leads which the Company has identified in the eastern part of the licence.
The Company regards the grant of the two year FRP term (rather than a further one year extension to the IEP as originally expected) - together with the waiver of the relinquishment requirement - to be a successful outcome. It is also expected to give a major boost to the Company's ongoing farmout campaign.
In the broader Namibian context, Global is in full agreement with the widely held industry view that the drilling in the Orange Basin by Shell and TotalEnergies to date strongly suggests that Namibia has become a world class petroleum province, in terms of scale of likely resources.
Peter Hill, Global Petroleum's CEO, commented:
"We are very pleased to enter the next phase of PEL 94 with the prospectivity intact and the flexibility which a two-year term gives to us and our partners. We would like to convey our thanks to the Ministry of Mines and Energy accordingly.
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Fingers crossed Vera will have an update/results in time for the conference, to pave the way for accelerated human clinical trials. Gla :-)
"Hopefully, we’ll have the results soon"
......
Vera Gorbunova on Long-Lived Species
Sirtuins apparently benefit some species more than others.
May 9, 2023
I didn’t know that you were also working on gene therapies for SIRT6 activation. Do you have any preliminary results or insights?
Like I said, this is ongoing, so I don’t have a lot of results, but we’re exploring this using different models and targeting different organs. Hopefully, we’ll have the results soon, but just based on genetic models of SIRT6 overexpression, we expect to see a rejuvenating effect, because if we simply overexpress SIRT6, mice live longer.
It’s not an easily translatable system, but if we can deliver SIRT6 and even express it transiently, we hope to see improvement. I can share one type of results, which is in cell culture, not in animals. When we overexpress SIRT6 briefly in cultured human cells, we see epigenetic age going down.
https://www.lifespan.io/news/vera-gorbunova-on-long-lived-species/
......
4th April 2023
Genflow said it had reached several milestones, including the completion of a detailed application dossier for the chemistry, manufacturing, and controls (CMC) of its NASH treatment.
It will present the dossier to the Belgian regulatory authorities in early June, paving the way for accelerated clinical trials as there is currently no known medical treatment for NASH.
In collaboration with Dr Manlio Vinciguerra at the University of Liverpool, the drug developer said it has achieved a deeper understanding of the biochemical changes in NASH treatment using its centenarian SIRT6.
The research findings have been published in a peer-reviewed journal, and Genflow is exploring additional intellectual property (IP) opportunities.
It has also initiated in-vivo evaluations of its centenarian SIRT6 gene therapy in four different NASH mice models in partnership with the University of Liverpool, the University of Rochester, and the clinical research group, Physiogenex.
The studies, which have analysed over 700 mice, aim to understand the efficacy and safety of the drug candidate in animal models with NASH. The results will be crucial for seeking authorisation for clinical trials in humans.
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The 2023 Longevity Summit Dublin Conference has announced its first speakers – and tickets are now on sale!
The Summit is on a mission is to recognise emerging research developments to extend human healthspan by gathering together world leading scientists.
To that end, The Longevity Summit Dublin will be a showcase for the most up-to-date research and innovations in the longevity industry and feature keynote presentations by leading experts in the aging field.
This conference, which is running from 17th to 20th August 2023, will feature over 40 global pioneering scientists, researchers and investors, as well as high net-worth investors, all on the same stage and who are all focused on challenging the epidemic of chronic diseases.
Dublin 2023
The premier annual conference of LEV Foundation
Join us August 17th – 20th 2023
Join the Global Longevity
and Rejuvenation community
in Dublin.
Network with leading figures around the world, build relationships with the longevity science industry and community, and learn about the latest emerging research. Longevity Summit Dublin is a must see for all science enthusiasts and all health enthusiasts.
Key note speakers include Vera Gorbunova- University of Rochester.
https://longevitysummitdublin.com/
A Big Blue day ahead day ahead by the looks of it....On and UP!!! Gla :-)
Mrs Seller's long gone, Big news expected soon and Upward momentum from this rockbottom low in anticipation....Multi-bag potential for those invested. Gla :-)