Member Info for Noise

It sounds like the Czech government are coming up with a sensible legal proposal. Significantly de-risking it, I'll expect they may look to take control of nearby licenses if they can find them. In highlights: "The Ministry of Industry comes up with a proposal on how to strengthen the role of state-owned enterprises in the exploration and extraction of mineral resources. Previously approved projects will not be canceled. " Keith has had a tough few months, I think it's starting to come out nicely. If the Czechs did something stupid the Aussie government would have a fit.

The price of lithium will come down only if either a) enormous increases (20-30x) come online, or b) other technologies overtake it. Lithium, due to it's essential periodic table placing, is the lightest metal suitable for batteries, ergo it is probably the preferred option by some margin. Yes you can arse about with the cathode/anode etc. but there's no point if the other metal is 30-50% heavier. I'm not fond of hydrogen fuel cells, few practical reasons for that. So ummm, I would suggest in the absolute scramble (and yes, it is a manic scramble unseen since the early gold/oil rushes), maybe within 25-30 years the Lithium price will stabilise, as scale increases, technologies automate, miners map resources, recycling batteries becomes commonplace and patents expire. Do not underestimate the ability of patents to stuff an industry - remember, it was the oil majors holding the patents to electric cars which delayed things by 20 years back in 1996......

What quarter is first production scheduled?

With all the recent nonsense at EMH with the Czech government, having BCN working on the German side of the border does look like a slightly more interesting proposition. Glad to have shares in both EMH and BCN, EMH appear to have the better resource but if the govt are being painful in Czech and the German govt are bending over backwards that can onoly be a good thing!

http://www.reuters.com/article/us-transferwise-apple-pay-idUSKBN1AC21S Well at least someone is screwing the banks

Ironically JP Morgan advised Visa on their disposal of their Monitise shares @ 60p. Then J P Morgan pop up advising on the Fiserve budget lowball offer at 3p. Hilarity

SDKs and APIs have only subtle differences within this context. SDKs are combined toolkits, that may include APIs, tools and documentation, usually for a specific platform, for example iOS, Android, or Windows. An API is just an interface, for any two software programs to talk to each other. It doesn't give a monkeys if it's Android, Windows, or an interdimensional space being, trying to communicate to it, provided it follows the interface rules. I'm probably slightly wrong on a particular pedantic point (I have not followed the latest software standards for interdimensional space beings for some time now).

https://www-03.ibm.com/press/us/en/pressrelease/52606.wss Is that another Finkit API live? Liveperson with IBM Watson? (known Moni finkit partner)

Well there's rumours and counter rumours.... Just what will happen in this crazy world. I kinda hoped IBM would step in, do they strategically want Fiserv to be able to control Finkit? Do they even care now? Will Fiserv have to up the offer?

Blueshare is OK, some pretty decent people hanging around there. There are a few characters who just seem to want to ramp the heck out of some pretty dull mining/AIM stocks so beware those. I dabbled in the early days but haven't frequented it for a long time now.

Oddo are probably taking a punt. What have they got to lose? At worst they draw level. They may even be setting out to vote it through

So now behaviosec are on bbc business this morning.

This news coming in a few days after lloyds bank goes cloudy, is this deal a prerequisite to lloyds signing up to finkit? Ie to stabilise the bank balance?

Either they think a takeover is happening, or they have agreed to buy them to prep the 75% vote.

Lukies "He also admitted that large banks were reluctant to buy its FinKit technology because of the travails of the past two years. “To be frank, with our tumultuous history we are seen as a small, fragile business with a balance sheet that does not tick the box,” he said." Oh well, I humbly accept my breakeven. I admit I did not have the insider knowledge to trade this successfully. Still love the tech, not much point staying involved.

June 2015 Sandy Carter (general manager of IBM cloud ecosystem and developers): “We want the ‘Type As’ on top of the IBM platform, and Type As for us are startups, innovators and disruptors. We found that when we invest in companies early with our knowhow and tech that, when they grow up and they’re successful, they stay on IBM. Monitise is a billion dollar company – we started with them when they were a baby and they’ve grown up with us and they’re loyal with us.”

If other revenue is dropping, finkit will need 20m users before it gets back to the current revenue generation, and that's maybe 2-5 years away.

lol 60m shares traded in 10 minutes.. a volume record for some time I suspect

IBM and Fiserv friendly? I just wonder how the commercial balance/ownership would sit if Fiserv now owned the APIs that IBM will end up using for the financial cloud? Seems a tad unusual but IBM and Fiserv have worked together in the past. Previously Monitise basically worked for IBM, now IBM uses a third party with perhaps different commercial interests?

Europe, in theory if Moni's prior tax loss can be transferred to another partner, a few hundred million pound tax loss could be considered 'value' and increase it's takeover value. Maybe. Possibly? DYOR. Feeling a bit glum about this tbh.