Thanks Giggs for the posting, without knowing too much about the technical stuff in layman’s terms can be summed up as Transformational advance in memory design that will become industry standard. Must be on the reader of Nasdaq Fangs by now.
Would not be at all surprised as this has proved to be a bit leaky. Good news and who knows where we’ll be, £1 maybe more. A few licensing agreements and we have a long term cash cow whilst they figure out how to monitorise the applications. All in all looks win,win,draw.
Cannot be far away, no hope of a leak, ship is sound. Risk reward still heavily in favour, good results with fast track and this goes to £5, excellent news and roll out clinical trials and we are £10 minimum. So it’s a waiting game at least there’s not the attritional 2-3% drop per day as we wait.
All very familiar from Mms good news mark down. Cannot pretend to understand how Fed monitarises the interest in the auction but must assume that as first movers and with experts in charge they have cornered the the most lucrative parts. Let’s hope the news transmits into share price improvement or we may be at the end of an opportune offer from one of the big boys.. with the news already in it might be time for the BOD to organise a fair value posting, or have they all been furloughed, who would know.
Usually with compdities forward price is higher than present callef a contango curve, at the moment the opposite is true its called a backeardatipn curve only evet happened briefly 2008. What it means is people want gold now as they dont trust cash. Fireworks soon. Excuse typos, on a trip round gower, if what i expect happens ill be able to afford Gower.
I would prefer if true value of Alm’s holdings were held permanently and effectively became a Royalty stock based on divies from companies held. Cannot see this model, which would probably be worth 600p a share by 2023, being fulfilled as once these companies, Fed and spin approach profit they will be snapped up for a pittance of circa 80 to 100p. Let’s be honest if Tesla made a 40p offer (our portion) for Fed do you think there would be any institutional opposition. Similarly if intel or others made a similar offer for spin would it be turned down. Anyway getting to the final bend of the 10000 metres in the lead by yards so not going to settle for bronze, by bailing at any price south of £3.
One currency doing better than another is all pretty irrelevant. All Fiat currencies are being devalued by printing Trillions. £, €, $, ¥ etc, etc. Trying to compare one against another is like trying to measure sea level from a boat. The only way you can value a Fiat currency at the moment is via its cost in commodities, mainly gold. There was a reason there was a Gold standard, it was because you cannot create gold out of base materials, you have to dig it out of the ground and the scarcity is what maintains or increases its value. M3 supply around the world has increased and will keep on increasing because its the only politically acceptable solution to the economic downturn. Irrespective of Corvid19, recession or anything else the price of gold is heading to $12000 oz by 2023. This figure is not at all outrageous and could turn out to be very conservative, as we all know there is not a problem in the world that cannot be made much worse than by throwing vast amounts of money at it. At the moment every Government is throwing money at the problem. Hold on tight to any gold shares as the ride over the next few years is going to get very bumpy.
Could be crystal they seem to have steadied the ship, that was before today’s Hurricane debacle. Mustn’t complain, even off Trucky must be ok at the moment, doing better than Greatland over last couple of months. Well back to my presciouses’ with gold on its way to $3000 oz silver $50 oz its the only game in town at the moment.
Mark down on reasonably good news, some fool is bound to bite. Seriously this is developing nicely and expecting a feast with Fed and Spin, good name for US corporate advisers.
very Good divestment in the restaurant arena in these times, for once well done ALM
Looks like corporate governance changes indicate NM serious in developing Solg into an Independent miner and not an explore and sell company. These announcements will be of more concern to BHP and Newcrest than all the other background noise made in the past. Starting to think past takeover and to long term development and a much brighter and wealthier future. With Gold above$2020 oz, silver above $26 oz and copper looking to be the prize for the new alternative tech future, things looking great from here, except for that nagging technicality the share price, perhaps that’s another piece of the jigsaw that will fall into place soon.
Just announced BOE will reduce lending rate to0% and may go further next year. Official for we don’t need your money thank you very much it’s the same price to print it ourselves and we never need to pay it back. Shot in the arm for gold, not that it needs it. Gold super trend to $15000 oz by 2023. One morning you’ll wake up and find gold has risen $200 overnight and the same again for weeks or months. All other considerations are fairly irrelevant when set against such tectonic movement
Time is your worst enemy and greatest friend. Industry changes at a snails pace when looked upon on an hourly or daily basis, changes in Social consciousness take less time, see black lives matter. This company will be massive or taken over or both, but it might not happen by 9am, today or next week, it may take 6 months or 2 years. Have you got anywhere better to park your money, apart from the obvious answer of gold or silver, I can’t think of one. So sit back and admire the view, righteous in the spirit of ESG.
It’s true gold will rocket and silver will rocket on steroids, question is when. Tick ups to $2500 oz gold and $50 oz silver will continue with pull backs as investors exit at profits preset. The major rises come when faith in Fiat currencies around the world is lost and panic sets in. I have a $10 Trillion Zimbabwean bill that cost me £2.38, the postage was £2.38. Anyone in Zimbabwe at the time would not have swapped that useless piece of paper for a grain of silver or gold, they traded in American Dollars. What happened when confidence is lost in the USA. Anyone selling precious metals or commodities for paper will be seen as ridiculous as the people who paid £2000000 for a Tulip in the 17 Century. Personally got exposure to producers and our friends at Franco Nevada. Onward Solgiers.
10 days to get a response things are looking up here. If we have 30p rise in gpm whist gold rises $250, then if gold gets to $2250 by Nov then Gpss should be valued at circa 50p. Of course gold could fall with gpm price, but just as likely to be$2500 or more. Still a very clever bet on gold in my humble opinion, a little bit sorry I top sliced at 16p now, but old habits die hard.
Time is definately on NMs side, its later than he thinks. We all have our own opinions as to jow things will progress, We will find out soon enough. The one thing I do know is that no chart will tell you in advace what is about to happen, but every chart will be able to explain in extraordinary detail what just happened. So stick your candlesticks where the sun dont shine, and I dont mean Leeds
Probably not worth selling now with spread and dealing costs, have in the past been very pleasantly surprised with writte off investments but more oftem the very very slow death is experienced, if I had more than£1000 Id probably sell and reinvest in a possible multi bagger like solg or gpss. Anyway goog luck, youll need it, to any holders, will look in occasionly.
A few more red days like weve had in the ladt week and well be at £1. Keep it coming.
In most currency terms gold is at a record high, but in dllar terms is at it high and actually about 25% below if yoy factor in inflation. So a long long way to go and also any minets with gold in their portfolio