Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
I thought I would post this in case it was missed but we are able to join the waitlist for Napster 3.0 on the Napster website. Simply submit your email in the relevent box on the site and await updates. Napster Subscribers will get early access to "the marketplace". I have both submitted my email and subscribed to Napster in the hope of being one of the first to receive updates.
If I can be any help getting you on I will assist
I believe people who held paper shares as oppose to holding through a broker were sent a copy of the document. It's tricky to get one's hands on it because it's confidential and strictly forbidden to distribute.
I know it's been tricky for you guys to join the telegram group but ignoring the erratic emotions of the group there are some fantastic knowledgeable people on the subject as well it has some interesting resources I would encourage you to read.
I think what you were told by ii matches what I understand from the merger agreement, there will be no personal choice for us to make. The merger agreement has some interesting points on this however - i.e US persons will not be given tokens at all, instead they will be given units in an "entity" that have the same economic value as the token consideration.
It is important to stress that my interpretation of the 170 pages of lawyer talk could be wrong but I have tried my best to understand on a few different occasions.
The cash would indeed be $25 mill to be split up which works to $4.47 per share. Alternatively it would 129 tokens per share. I believe the tokens will behave very stably in terms of value, no one wants to work with a volatile currency. Not long now and we shall find out!
I understand that In the event that the tokens are launched on time my interpretation is that they will be paid into wallets designated by the security holders. In most cases I do not believe this will happen as many brokers do not/will not have the facilities to provide this. In this situation the token is distributed to either an escrow account or a holding entity on our behalf. We will additionally be subject to a lock in period of a unspecified duration, equal to that and dependent upon the lock in period negotiated with future investment and partners.
Spot on. An honest assessment from the big man indicating a strong sense of urgency to becoming cash generative rather than destructive. I cannot find the use in worrying about share price movements in the short term. The bottom line is that the only thing that truly matters is turnaround in performance and that requires honest internal assessments to identify and fix issues. No amount of lip service to rolls Royce will impact the profitability of the company.
Justthisonce, We should note that in 2018 (4 or 5 years ago) the share price was was indeed on the whole greater than £8 and I believe actually hit £11 that year, only dropping below £8 for a matter of days so all things being equal with a return of flight hours and parallels of profitability £2 is a reasonable target for a couple years time
you may well have a point on R&D but If RR SMR pays dividends to the ltd shareholders then it pays to dividends to Rolls Royce
How do we feel sizewell C consent will affect the SMR project?
Huge pots for you both! One day I hope to join you gentleman!
I like those numbers casa.
It's common practice for traditional nuclear power plants to have multiple reactors anyway so would expect a SMR power station to comprise of multiple reactors. As Casapinos points out that means 1 SMR will not necessarily output 470kw.
The 60 year life span is as I understand it for each individual reactor and not subject to reactor replacement though
The 470 MW figure is from Rolls-Royce website .
https://www.rolls-royce.com/innovation/small-modular-reactors.aspx#/
Thanks to this board I bought in just before the rights issue at 1.20ish. yes the price tanked but thanks to the 10 for 3 rights issue at 32p my average price is 50p! I couldn't be more thankful to the majority of this board.