Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A month ago I said this would be 1p by the end of the financial year, if this keeps going, it'll track my prediction almost.
We haven't even had the Go-Ahead from the FCA yet, following which this will double almost immediately IMHO.
GLA Enjoy the ride!!
Hoping for a nice green end to the week and loads more green next week.
We've had good news this week and although it's frustrating waiting for the skeleton staffed FCA to make a decision, we are definitely heading towards another positive RNS in April and onwards.
GLA LTH
On the basis that the loan was to enable increases in staffing, facilities and presumably wages as GST grows, the very fact that the second half of the loan facility is not now required, but business growth is still planned, along with the Sandbox etc., must surely mean that the Angra Gx and activity through the Lithuanian arm must be generating more revenue and profit than the board had expected.
I suspect that the end of March 23 figures are going to be impressive
GLA especially LTHs
Considering the world banking mini-crisis of the past 10 days, I think the SP has been relatively solid as it has really spooked the banking sector and I wouldn't be surprised if more small American banks and some in China are affected, however, I would like to think that post-2008, there's a lot more oversight by treasuries going on.
I wonder whether this may be why news is a bit slow.
Certainly, I would expect any new banking system to be assessed within an inch of it's life before being given any sort of green light to test under the umbrella of the FCA, so if this takes 2 more days, weeks to get the go-ahead regarding it's policies and protocols, I will be happy.
I suspect there will be a number of meetings at FCA too to decide what the protocols need to be as it's new for them too.
The timetable given by sandbox is only guidance, with no concern to FCA if this overruns a bit.
Having said that I suspect our share price will at least double each time we get confirmatory news.
After each rise some day traders will cash in their profits, so I would expect a 15-25% drift downwards, but my previously predicted 1p at end of March and 10p by end of 2023-4 FYr are appropriately conservative with a target of £1 by 5 yrs later. Within 4 or 5 years of re-investing profits by growing staff numbers and infrastructure, I think that we will also start to get dividends, unless the whole business has been bought by a big player before then.
Either way, a fully licensed money transfer company is something that the government want and will encourage, so the Sandbox is their opportunity to mould what could eventually become a world leader as for the BoE, FCA and Government Trust is key and each Government Treasury watch each other like hawks to gain from each others experience.
GLA especially LTH
This will go through as it's an easy win for the government to demonstrate that the UK can lead the way in new financial banking systems.
Rishi wanted to lead the way on this as Chancellor, so I can't think why it wouldn't get the green light to do trials in The Sandbox.
I am off work for a month now as having major surgery tomorrow.
I don't think that I could have got the timing any better!!
It's took a nose dive over the past 18 months but will be well worth it in the moderate and especially long term.
It may even turn out to be the biggest portion of my pension as I'd hoped
I think that we will hear positive news by Thursday which will have a fantastic result on the SP and will get us to 0.6 - 0.7p.
Some probably bank some of that if they have only bought recently, but I do think that this will then climb to 1p by the end of the financial year.
GLA LTH
I think that we will have good news at the end of this FY which will increase excitement over the next year, including significant returns from Angra as we progress through to March 24.
If Sandbox, BoE and Government can work coherently and GST can dovetail, offer a demonstrable working model for future finance, this could reasonably reach pound 5 years later in my opinion.
War in Ukraine has been fully factored in for a long time now, Lithuanian license should also start bearing fruit and MOU link-up could give reassurance that large companies will need to protect themselves, reducing risk from hackers, etc.
I'm certain that GST know what they are doing and how to get there, but may to do a bit more pro-investor media work soon.
Website updates were heading in the right direction and probably took some of the director's attention as will the negotiations behind the scenes re the MOU.
The majority of your posts are right in the middle of when your patient lists would be.
I know that my colleagues and I Bearley have time to look up or have a sip of tea between patients, let alone keep up with and then answer the comments on this board every hour or so.
As I presume you agree that patients are the priority when in work, I guess you must be very part-time??