1st Issuer and service provider of Stablecoins on LSE29 May 2024 08:55
We intend to become the first issuer, and service provider of stablecoins (a form of e-money token) listed on the London Stock Exchange. Our efforts are focussed on harnessing the disruptive potential of blockchain technology to reshape the way customers pay and manage their financial lives.
It's almost tribal or medieval on here at times. I just wish people could take the emotion out of it all and actually discuss GST, the BoD, The markets and most importantly the opportunities here if all goes to plan (which it has to date).
Jesus H Christ.....This board has become an absolute joke again with all the personal (and pathetic) abuse being hurled around. Was hoping that behaviour would have improved but it's actually got worse and its the OAPs who seem to be worst offenders and most offensive.
It's PATHETIC but you will never stop or realise that your actions do more damage than good here.
Re last placing. A quick look back at the last 3 placings RNSs shows that the management used exactly the same phrase each time:
The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via acquisition.
So I would imo assume that each placing could have been for spending on the group's "GS Money Strategy" and/or potential aquistions.
Whether one takes that as cash to be spent on current running costs or something else we just don't know for 100%. All depends how one views what spending on the group's "GS Money Strategy" actually means.
Come on people, play nicely, no need to abuse each other. We are all here for the same thing, if some have differing views they should not be met with such vitriol as I have seen today, it helps no one in the end.
So you say lofgran sold fouke 1 and 3 to cypress who then got impressive returns but ntog got zero from that deal in pine field. So when lofgran talked about how good that was he was only showing it as an example of what might be possible for ntog going forwards?
Wouldn't PennPetro be in a similar position as they also work in Texas, from PPP RNS:
"In line with our strategy, all our operations are in highly active hydrocarbon plays where the potential economics of drilling and producing oil remain attractive at sub-US$30 oil prices."
I've always seen numbers closer to $30-$40 per barrel in term of uplift costs for land based Texas oil fields to be profitable, not sure where you get $56 from?