Member Info for Rebess

Hi cheese - What's complicated? - If you see it as straightforward and uncomplicated, I'm prepared to accept that I might have read it wrong. - Mind you I haven't gone through it with a fine-tooth seeking answers to 'What if' questions or anything like that, I've only attempted to digest the content of the RNS. - Take your point about reaching threshold for S2 purposes. - If what I see as complex and convoluted are acceptable to the 'Senior debt investors', what does it matter?

Good to have agreements in place, but why do they have to be so complicated? - This one sees to be full of complex convoluted dance steps to the extent that at times we seem to be disappearing up our own backside. - Give me a modern-waltz any day. - Still, onwards and upwards. Providing of course it's not up our own you know what.

I'll take your word for it, but if you don't post tomorrow I'll have my suspicions. :-)

Skeggy - I prefer Whitby any day. - It's a mecca for fish& chips for the plebs.

Hope you're right, but I will still worry about it. - I know the contractors have committed to a price but as I understand it that price falls within a certain set of conditions, geophysical etc. - If I've understood correctly, anything encountered outside of these conditions could result in costs escalating. - Also, I believe it's where contractors can enhance their profits by a considerable margin when such coditions are encountered. - With at least 23 miles of surprises to go at, I'm expecting some considerable enhancement

Has anyone considered the effects that excessive cost-overruns might have on the SP. - I'm thinking 50% - 100% - 200% orders of magnitude that are not beyond the realms of possibility. - Recent events have come as a shocking reminder as to how projects can get out of control. - Although, I have my doubts about digging a 23 mile tunnel successfully, although I accept that is just me, I see the cost overruns as the biggest risk going forward. -

Hi speedy - I must admit, that does sound good. - Also there's an 'R' in the month so the mussels should be OK providing they haven't been caught off the coast near Adeje or Americanos where a lot of effluent is discharged.. - You'll know better later on. - :-)

PS. - Just think, this time next year, you'll be able to pay for your meal in Kinesis, assuming you have a Visa or Mastercard that is. - :-)

Hello troytom - Yes indeed, an awful lot of crypto coins and tokens issued in recent times with many of them turning out to be scams. - Kinesis however is not a comparable product and it is uniquely new. - Why? - Because the Kinesis gold-coin (Kau) is backed by 1gram of gold and the Kinesis silver coin (Kag) is backed by 10grams of silver stored in a recognised International precious-metal vaulting companies.( Allocated Bullion Exchange) vaults and audited by internationally accredited auditors twice-yearly. - A coin can't be minted without the equivalent gold/silver being deposited in said vaults. - A balance scale system of accountability, a monetary system based upon a gold-standard just like old monetary systems used to be. - A system that can't be debased through the use of a printing-press. - Unlike crypto-coins where accusation is levelled at their value in that they have nothing backing them. - The Kinesis system is backed by gold/silver for every coin in circulation. - This is an entirely new monetary system, there hasn't been anything like it. - A monetary system that allows you to spend your Kcoins in Sainsbury's, Marks&Spencers, Amazon, or anywhere that accepts Visa/Mastercard, which essentially is the whole world. Yer can't do that with any of the cryptos. - It kicks-off Globally next March. - My understanding is that the Indonesian Post-Office, the equivalent of our central-bank has undertaken to purchase $12.5b worth of Kcoins for circulation at launch. - This is just the start. - Believe me, it's worth a look never mind speedy, you have a look for yourself. - cheers

Wow! - You've got it bad speedy. - I hope your Sunday lunch doesn't give you indigestion. - I can see where your expert balanced view comes from now.

Hi speedy

I seem to recognise the tone of your comment, it rings a bell. - I've heard it before. - Your post confirms to me that you are not up with events here, expert though you may be. - You see I'm not advising anyone to invest in Kinesis, rather I'm suggesting they take a look. That doesn't cost anything. Whereas you are advising them not to invest on the basis of your ignorance. - Since I and my fellow posters here share something in common, we are investors in Sirius. On this basis and since my perception is that they may be interested in the Kinesis proposition, I posted my comments. - In spite of your invitation to push-off, I may from time to time continue presenting information about what possibly could be a life changing investment. - If you take exception to this, you'll have to grin and bear it I'm afraid :-)

Good morning guys. - Any of you had a chance to look at Kinesis. - The only response so far is from an expert who clearly hasn't read anything about them.

Good morning Picket

In my experience, the only people who are worry-free about investments are those who are not invested. :-)

Quick calc. on Gina. - 5% on gross revenues first 13mtpa - 1% on all annual production in excess. - Around $84m p.a - It'll take a while to build-up to 13mtpa but for simplicity let's just assume year 1. - So, at 84m that's approx. a 3year payback. After that it's the yellow-brick-road forever. - It is hard to believe that that's the deal. Unless of course I'm missing something obvious, flatten me if you think I am. - If I were a prospective 'Senior-debt' investor looking at Gina's deal, I'd be getting pretty excited about the opportunity in front of me. - BTW - don't get too aggressive, just think of these exchanges as a weekend knock-about.

Hi vigneron

I don't think there's much doubt that S2 will be forthcoming. - It's at what cost. - That's when you'll find out what your current investment is worth. - We've already had a taste of what the company is prepared to sacrifice for Gina's money. - We'll have to wait and see what 'Senior debt-holders' are seeking. - I don't think they'll be charitable. - AIMO.

https://www.youtube.com/watch?v=BIQqp_7c5oo

Above link to whet your appetite. - Have a look. - It's the weekend after all.

Hi mail 2 - Kinesis is a global monetary system based upon gold and silver. - It's a system that turns gold & silver into ordinary money. That is to say money that can be sent/spent anywhere in the world that accepts Visa & Mastercard. - It gives 1 gram of gold a digital signature that is called a Kau and 10 grams of silver a digital signature that is called a Kag. - No central government anywhere can interfere with it. - It can't be artificially created/debased through the printing-press. - It pays a yield on initial deposits. - As the Kau/Kau are circulated throughout the globe they generate fees. A percentage of those fees are assigned to initial deposits and are paid forever. - This is for starters. - Go to kinesis.money and learn more. - I believe it's an opportunity that rarely comes along. - Just have a look rather than pre-judge. - cheers.

One thing I forgot. - There is an opportunity in the gold-space that some of you might find attractive, especially PAAA with his penchant for detail. - It's called Kinesis. - go to kinesis.money and read about it. - I'll be very happy to try to answer any questions you may have. - cheers -

It's a while since I visited the thread although I'm still invested here but not quite as much. - Of course this is 'Fight club' time as I recall. - So get stuck-in lads and lasses, lead with your chin and PAAA will knock you flat on your arse as usual. :-) :-) - It's still a great thread, the best I think for entertainment that you can get. - The last time I was around there were many who were already spending their dividend. It was a slam-dunk, no question. - Time will tell.
Much will depend on St.2 and the terms of the senior debt. - Talking of which, when it kicks in, I see that Gina's slice has to take second place.- There's still a niggling doubt at the back of my mind that like the film 'A bridge too far' this will be a tunnel too far. - A railhead at Boulby might still happen yet. - Anyway for all that I've still got skin in the game. - I wish you all well. - Rebess

Hello Hopeingmore
When the Egypyt pound previously crashed against the dollar, Centamin made an adjustment to wages to compensate. - So, it's always possible that that part of your thinking you could be wrong.- Not saying it will be but it's significance will have no meaningful effect. - IMO

Hi Tiger - Beautiful isn't it? - So evocative. - Just reading your excerpt brings tears to these old eyes. -

Before you all check, they are lines from Wordsworth's 'Great ode' and I quoted them from memory. :-)