The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
B2B element of Tally, perhaps?
https://www.ft.com/content/a5f0af78-133e-11e9-a581-4ff78404524e
"Starling Bank is particularly innovative, and allows customers access to its “Marketplace” where they can choose from a range of products and services that can be integrated with their account. So far, the offering includes Wealthify, a place to go for your Isas and investments, Pension Bee to view pension balances, YoYo Wallet, which allows customers to collect rewards and points automatically, online mortgage broker Habito and Kasko, a travel insurance app where people can compare policies."
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There are £billions of gold currently held in secure vaults which is constantly being bought and sold via bullion dealers, and as with market makers, there is the price (spot gold price), bid and offer prices. When making a deposit on Tally, it is this method that will be used to instantly purchase the gold, at the prevaling price, where it will continue to be held in the secure vault but in the purchaser's name. There is absolutely no need for Lion to produce the gold to match any purchases.
The gold mines in India and Finland are totally separate from Tally and when they start producing gold, if not disposed, will have any production sold via the market, for between US$10 to US$400 per ounce profit.
One might like to read,
https://www.ft.com/content/a5f0af78-133e-11e9-a581-4ff78404524e (Article in FT Weekend Money section today)
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This was oversold today, giving many an opportunity to obtain discount priced shares imo
Completion of the total order should put 2019 revenues over £10,000,000.
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GL
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A well-reasoned summation - thank you.
I believe that confirmation of a respected nomad could add 0.2p to 0.3p to the share price, and it wouldn't surprise me if contract news was released shortly after notification of the broker.
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GL
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On December 31 you stated, "Thats why my bank balance is 7 digits"
On January 3, "Cant think of anything else to put my cash in better than eqtec"
On numerous occasions you state 11p as an attainable target price for some time.
Why then do you have a 7 digits bank balance earning a negligible return when there is no better place for your cash than eqtec?
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Absolutely, woody2002, it's surprising how verifiable facts can be disruptive.
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GL
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The jump when news is released should be impressive imo
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GL
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LION will return to market as TALY, it's just a change of name. The number of shares held in LION will be exactly the same in TALY.
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All these top-ups and not a solitary TR-1 between them.
Go figure!
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ontarget
"Together, we believe we have the potential to offer a cost-effective turnkey solution in which we will produce hydrogen using our DMG® process to produce the road fuel for Wrightbus’s zero emission hydrogen buses."
You were saying?
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ontarget
"Together, we believe we have the potential to offer a cost-effective turnkey solution in which we will produce hydrogen using our DMG® process to produce the road fuel for Wrightbus’s zero emission hydrogen buses.
telephoneman
Nothing like facts "costs in the region of $20,000 per car"
".Complimentary fuel for three years or $15,000 maximum, whichever comes first. The three-year period starts on the date of card activation or 90 days after vehicle sale or lease commencement date, whichever is earlier. Fuel card is nontransferable. The Mirai is a hydrogen-powered fuel cell electric vehicle that must be fueled at hydrogen stations conforming to the latest Society of Automotive Engineers (SAE) hydrogen fueling interface protocol standards or laws that may supersede such SAE standards. Refer to the Mirai Hydrogen Stations Locator App in Entune™, www.toyota.com, or call Toyota customer service at 1-800-331-4331 for information on hydrogen fueling stations available to Mirai."
https://ssl.toyota.com/mirai/fcv.html
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Perhaps, and perhaps ontarget missed the Wrightbus announcement - doesn't seem like they are doing anything to tie-in PHE hydrogen with orders for their buses, but there again why on earth should they?
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Piltick
The comment by ontarget:
"Why would PHE want a hydrogen supply contract?"
Hasn't the CEO said many things, few of which have come to fruition?
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stokey12 - I would also most respectfully point out that shareholders in PHE are not privy to any verifiable factual information whatsoever, never mind negotiations.
Does the £5 per kg include the cost of purifying the hydrogen to the desired purity, or is that extra?
ontarget, why is so much importance being given to the hydrogen economy if it is irrelevant to PHE?
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However, they do have the Birmingham bus contract thereby excluding any PHE involvement:
"Civil works are underway on the Birmingham 3MW Bus Project, due to be operational in Q3 2019"
Will PHE ever obtain a hydrogen supply contract?
"Snap, crackle, and pop!"
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DYOR
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As the MOUs are for the patented system, regardless of the company being listed, what relevance is having a nomad? A nomad merely enables shares to be traded on an exchange.
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OK, lets go with your comment about selling for less than £7 per kg.
What is the total production of hydrogen to date by PHE, 10kg?,20kg? 100kg?
So, in any tender for the provision of hydrogen, what price and quantity can PHE guarantee? Any contract is legally binding with associated penalty clauses.
Before one starts linking every hydrogen project to PHE, might it not be a good idea to have a proven system fully operating?
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It's 2019 now, not 2017.
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A quick search has shown that it costs between US$850 to US$1200 to produce the certified one ounce of gold. (Corrections welcome, as ever)
Regarding revenue from "Tally", it is my understanding that this will come from three fees:
1. A percentage charge for converting cash deposit to actual gold,
2. A percentage charge for storage/insurance,
3. A share of the fee charged to merchants by Mastercard.
On point 2, if 100,000 accounts deposit US$10,000 (US$1,000,000,000) and hold for one year as an investment, a 1% profit is US$10,000,000 (2% for storage/insurance). Even at 0.5% there's US$5,000,000 profit, without anything from the other charges, plus whatever income is derived from the "B2B" component.
I agree with selling the mines to solely focus on the banking aspect.
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DYOR
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