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Been studying potential over weekend and finally made decision to buy. Nice to have over a million shares, anyway inflationary cat well and truly out of bag so looking good for commodities. Think this has same potential as Ggp, Solg and hzm. See where momentum goes and certainly not Amiss to topping up. GLA

Just tried to long Sve on ig but would not allow only shorts so market already pricing in recent uptick in Ggp, these at fair value are 40p in anyone’s money, and with the momentum in Ggp I’m a buyer. Sold all my Ggp and repurchased at 60% of price, gutted as its more like 70% now.

Thinks is a first, hold both (Ggp through holding in Sve), always thought Solg had the edge in terms of realisable potential. maybe I was wrong, time will tell. Bargain to be had over at Sve as they are still priced when Ggp was at 28p and that was at a 70% discount to NAV nearly all of which is the 85million ggp shares. Anyway Ggp keep doing the heavy lifting.

A Brexit deal and these will fly, no deal and failure is priced in, Board are voting with their wallets so I’m in. Once these are done with the uncertainties of deal/no deal they will gain the momentum they’ve lacked since 2008. This is a time when multi bagging a big blue starts!

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ThinkSmart is a micro-cap listed on London’s infamous Alternative Investment Market.

Valued at just £59m, the payments company reported Wednesday that it had been a good year for shareholder returns, with dividends paid out amounting to 21 per cent of the share price. Not a bad yield in today’s interest rate environment.

Yet it wasn’t the juicy cash payout that caught our eye, but another line in the RNS:

The Group also notes the trading update issued by Afterpay Ltd on 2 December 2020 where it reported that its UK division, Clearpay, delivered c. $200 million of underlying sales in November 2020, in what was a record month for Afterpay. This represented c10% of Afterpay's global underlying sales for the month, up from 7% in the 3 months to 30 September 2020.
Which got us wondering, why is this tiny company mentioning Afterpay — the A$28bn Australian payments company?

Well, flick back to its full-year results from September, and you’ll see all of the company’s profits in 2019 were driven by a 10 per cent stake in a similarly named business called ClearPay.

Here’s the relevant wording:

Profit after tax up 513% to £53.0 million (FY19 restated (1): £8.7 million) driven by £53.7 million (2) non-cash fair value gain on independent valuation of the Group's retained 10% shareholding in Clearpay Finance Ltd (“Clearpay”)
Which got us digging a little more, at which point we ran into what can only be described as a valuation conundrum. And you know how we love those.

First, some background.

The rest of Clearpay is owned by Afterpay which, like Square and Adyen, has been a beneficiary of investor hype around the digital payments space. The company’s valuation stands at a rather mind-boggling 29 times forward revenues, according to S&P Global data, and it’s share price is up a staggering 236 per cent this year.

You might be familiar with Afterpay’s business model. Like Klarna, it offers consumers the chance to purchase an item online, but defer the payment to a set date interest-free. The vendor receives the cash minus a commission straight away, with AfterPay collecting the proceeds later. Only if a consumer misses a payment do the fees begin to rack up.

So where does ThinkSmart come in? Well in August 2018 it sold 90 per cent of Clearpay to Afterpay for around A$19m in stock, payable in two tranches.

As part of the deal, Afterpay has the right to purchase the remaining 10 per cent Clearpay stake in 2023 at a price agreed at the time of sale between the two parties.

If Afterpay doesn’t

...if 6% more had voted against NH he would not now be Captain. As the case with Brexit we move on, and NM to be fair done nothing to deserve censure by the PI's. Where do BHP and NCM and more importantly Cornerstone go next. The issue to Chinese worked a blinder, NH knows where is bread is buttered and I can see more issues to Chinese to maybe balance BHP and NCM stake. No rush now so maybe we can get a better deal with the Chinese this time.

...with what appears BHP, NCM and Cornerstone all firmly against NM its obvious it wouldn't take much to win over another 6% to be in the majority. NM must know this and his only tenable way of holding on is to placate BHP and NCM, Cornerstone are pretty irrelevant. Share price could go either way, could be the majors put in a reasonable offer 60p, sure to get over the line, unless Chinese contest, or drip feed a few shares to bring Solg price down before making a lower bid. a lot on Lucre being contested so expect shenanigans.

It’s the two discoveries being so close a processing facility between the 2 would mean belt transportation of 1.5 km meaning you could call the two massive discoveries a Tier 0. Anyway all the extras derisk the share price, as NM said a massive lovely problem

Just my opinion, if I had insider information I wouldn’t be on here. Lot of talk of inflation as a means of Western Governments disappearing debts, all very good for commodities. So short term 60p, and if NM can keep a grip who knows, one things for sure his knuckles are going to be white shortly

Vultures circling, let’s hope there’s. Some kind of battle for the carcass. People talk about Barrick, Rio, Ncm, etc but it’s the Chinese with the deepest pockets, they will gladly pay full whack for Cascabel knowing that the rest is for free. As shareholders we will be handsomely rewarded 60p sounds about it, but it could have been so much more.

The start of inflation doesn’t come from rising prices but workers demand for increased wages. Commodities being engulfed, by as was mentioned, the perfect storm. Under investment in the last decade, inflation and the rise of the east. Anyone with a tier 1 mine should hold on tight when the Chinese come calling, they will pay whatever is required, belt and road, isn’t bothered by a little thing called the Atlantic Ocean

30 th November if you had not exercised any sub shares you owned or sold in the market they became worthless. The 5% rise must be a the market realising these are at a way to large discount to NAV. Not aware they have been given authority to purchase and cancel shares. Anyway onward prospectors.

Another shake out. Was he pushed or did he jump, well find out shortly. Without insider information I’m going to have to stick with my ggp shares ( via Sve). Gold already in the bag supports 35p, so only upside long term, although we’ve lost a decent guy in GH, not many left on AIM

Money to be had here when Ggp rises strongly as Sve lags usually by a few days, similar lag if Ggp falls as seen last week, Ggp down 20% Sve down 4% at one point. Beats me why anyone buys Ggp at present when you get roughly twice the amount of Ggp by buying Sve. I’m not a professional so liquidity is not an issue. Anyway we can let Ggp do all the lifting whilst we look on and cheer.

The only reason Tesla's produce less Carbon Dioxide than The equivalent ICE vehicle, is because they spend most of their time with a flat battery or being repaired, see Tesla being sued by Taxi firm in Holland. Actually in a typical lifetime the Electric only Vehicle will produce more CO2 than its ICE equivalent (see Ted Talk). The demand for Nickle will come when the proper car producers like VW, BMW, Nissan, Toyota, Ford etc start to ramp up production. Even if solid state batteries are used, still a massive amount of Nickle required. Think we are on the verge of the worlds largest wealth destruction moment, Tesla share price reverting to true value i.e. $ero. Going to knock a hole in the Robin Hood Traders College Funds and also could bring with it the long overdue removal of the USA dollar as reserve currency. What impact for commodities, well they are priced in a valueless currency at the moment, they will be valued correctly when priced in Gold, Bitcoin or Renminbi.

Rocketing ahead, thinks this will follow as night follows day. Clear play could multi bag from here, look at Tesla , Apple etc. With all the magic money swirling around every stock market on the planet, there’s only one way this is going for now and it’s a lot steeper than up.

Urging or should I say begging me to log onto broker site and vote. Seems NM is worried that he could lose his empire. Not that my shares will alter anything but he’s got my vote. There’s going to be nothing “ hotter than copper” in the forthcoming commodities super cycle. Imagine the amount of copper required to install 20 million multi Amp car charging points in Britain alone.

Also mentioned in Money Week, Gpm picked as most likely to benefit from commodities super cycle. Can possibly see this as trading at a premium to NAV by mid 2021, possibly even bagging. Much better to let the professionals run the slide rules rather than trying to wean nuggets of truth from a mountain of lies. Definition of a gold miner, “a liar standing next to a hole in the ground”.

The cost to do what Vale did in 2005 at Vermelho was incredible and we have all that already done. Fast tracking Vermelho will be feasible and with the world demand for cobalt and nickel, almost a certainty. I can see similarities here with Solg and Ggp, so could easily multi bag in next 2 years. Rechargeable Batteries are in the next 10 years going to be where everyone wants to be, the share price will inevitably drift at times but this should be seen as a topping up opportunity, Good luck holders.

The Chinese century is just about here and the first thing on the Agenda is to wrap up the commodities required to be the world superpower. Of course they will try to get their hands on HZM but uncle Sam doesn't want the Chinese in his back yard, so expect fireworks when eventually this comes into play. think the shake this morning was for low hanging fruit, doubled my holding at 6.4p but happy to let this simmer for few months to see how good the management is. Making all the right noises re ESG lets see how the rest unfolds. With a market cap as low as this we could eventually end up with a multi bagger.