PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Its rumoured Muddy Water research (Carson Block, Market bear) is going to publish a damning report on a london listed company tomorrow morning at 8 AM and rumours are it BUR.
Hence the sell off!
Just a rumour atm, i have no position or agenda!
https://www.sundaymail.co.zw/zambia-presents-opportunities-for-mining-supplies
Looks like plenty of options for JLP in Zambia.
Wasn’t suggesting they are the enemy!
I suppose after years of being in and out of JLP due to frustration I find hard to swallow that GLR are clinging to the coattails of JLP whilst masquerading as some sort of white knight with their beneficial resource!
It’s years away knowing Colin anyway so moving on!
Personally not interested in this deal at all at the moment! I think It’s an incestuous self serving ramp for Colin’s other company! I also think it presents a conflict of interest with him having influence on the terms from both parties and I wish he’d do us all a favour and step down from the board of JLP immediately!
But WTFDIK
Must admit, i expected it earlier in the month also so i've been in touch with a number of people and it sounds like this next update will contain a little more info than usual and that has been the cause for its delay..... Hoping we will get the news this week.
''Immotion Group will install a range of VR cinematic motion pods on a Concession basis, at Odysea Aquarium, in Scottsdale, Arizona, and The Maritime Aquarium, in Norwalk, Connecticut. These two major sites, which have a total footfall exceeding 1.5 million customers per year, will operate on a revenue share basis. The Board believes the focus on the aquaria sector and the signing of these aquariums will further strengthen its growing recurring revenues.''
Was only announced 2 weeks ago and already they have the pods in-situ! Very impressive, company pushing things hard by the looks.
https://foxtv.app.box.com/s/r9q72lgvkofbccxbbffelascn9poe3rj/file/448995143800
Looks like the pods are big hit, great coverage making Fox News!
Chairman’s statement from recent results rns makes interesting reading and between the lines I’d say K’s of headsets is very achievable! Sounds like they want to expand into bigger attractions.
“Early 2019 trading has been very encouraging, especially across our concession partner estate.
Sales across our ImmotionVR centres also saw solid growth,((giving us confidence to explore opening larger centres)) on a selective basis, where we will work with key landlords in a more strategic manner.”
Have been buying these, little and often! Was quiet for a long while here but seems the cat is now out of the bag!
Each time a new partner is added it starts to build recurring revenues. With the profit sharing structure they’ve adopted there’s no risk. It’s a bit like uber, Deliveroo etc. Add more partners and revenues go up. Once you go past the tipping point of covering the fixed overheads every additional pound of revenue added is then profit. This is a tipping point business and this is the tipping point . The content costs are not linked to headsets. Once an experience is done it can be monetised for years generating very significant ongoing revenues/profits!
This is without doubt the best VR company the uk stock market has to offer, genuine tech and content, top tier partners and already generating cash!
Very cheap here, lots of IPO money invested much higher!
If they can demonstrate a 40% uplift during a quarter they had power outages and half a month off (operations started back mid Jan from xmas break) then Q2 should be something else if all goes well
Last few Quarterly updates have been 17th so not long to wait