Member Info for skittish

More information on the ASIC. Looks to be a technological marvel which is difficult to replicate. The comments section is interesting also.

https://x.com/i/status/2052890374524522905

This explains why Ensilica ASIC chips are so important, and why they will allow ASTS to gain a technological strategic advantage over Starlink, and thus allow them to dominate the low Earth orbit communications universe

https://x.com/i/status/2052889352725041546

First confirmation the ASCI is now being integrated in Bluebird satellites, it appears from BB32 onwards.

The largest communications satellites in low Earth orbit.

https://x.com/i/status/2052850412685041733

Video at 2.04

Total planned constellation is presently 520 satellites in multiple shells.

And don't forget to look at the blockbuster reply from Ed Loye in response to a question as to whether the ore body runs all the way from Pine Crow to Defender via Dough God!

People may already be aware of this, it is on telegram, but this post is interesting also.

https://www.linkedin.com/posts/edward-loye-00929b9_tungsten-criticalminerals-strategicminerals-ugcPost-7458146290422624256-VY7q?utm_source=social_share_send&utm_medium=ios_app&rcm=ACoAAAH4SOABNo3DjfKlhz0cxB1a2VAyfmafqmU&utm_campaign=copy_link

Not just for its contents, but for one of the first likes it received.

From Dennis Gibson Chairman of the US Critical Minerals Association. Advisor to the US Government in Washington. He was a participant at the US EXIM Conference a few days ago.

EXIM is a US Government owned bank which is financing upto $10Bn of loans to reduce US dependency on foreign critical minerals.

The conference voted the US critical minerals reserve as the most important project of 2026.

I don't think it would be going too far to suggest that the paths of Ed Lowe and DG have crossed already, and that DG is aware of GWMO and its projects.

Such support from a Washington insider is an indication that this share is going places.

If you think that this share is a bit crazy then you should see the jump in values of US space stocks over the last 24 hours.

15% to 30% commonplace, in a day.

Could be a wild ride next week.

Or not as the case may be.

But using 'normal' metrics in this market may not be efficient.

Reminds me a bit of the dotcom boom. When you thought it couldn't possibly go higher, it went higher, a lot higher.

A bit of a hangover afterwards mind, but it was a great party whilst it lasted. And of course Filtronic had a starring role then also.

I think 500p by 8.30pm is going it a bit, but there have been some wild gains in US space stocks over the last day or so.

Watch this space!

Yes, very well written Aj.

If you listen to IC's interview concerning Ajax from earlier today he explains it much better than AC, and is very good at selling the project in its new format.

Originally a bit suspicious, I'm now a convert!

"Spacemob" (shareholders in ASTS) many of who have held the shares from the $2 to $5 days, have serious firepower, research and commitment.

ENSI may be a minnow, but they could seriously influence the shareprice.

Closed at $5.90, up around 17%, notwithstanding ME tensions.

That is about 437p in real money.

Tomorrow should be an interesting opening.

The article is really interesting.

The information box states that Charles Michel met with the highest Tunisian authorities in Tunisia on 9th April, 5 days prior to the crucial April 14th letter.

It was that day his appointment to the legal team was disclosed via RNS, although LoA had tweeted several weeks before that he was working for Zenith.

I can't see that the Tz government have committed anything in terms of $ to the project. They are in the business of making money out of their resources, not putting money in. And their commitment is the resource in the ground.

The $60M+ can only be the money sunk into the project by He1. If He1 has raised more than that over the years (I haven't kept a check of exactly how much they've raised but it is probably about right after deducting US costs and HQ costs) then Tz is only taking account of the amount actually put into Tz.

Long suffering shareholders will hopefully be put out of their misery tomorrow morning.

What news comes is uncertain at present, is it more than we have now or not?

Either way I think He1 will look towards having a carried interest with little or no further contribution having done much of the work required to prove the concept.

If the plan is indeed to produce within 18 months then time is limited.

Heavy work is limited to around April to November (He1 have shown that they can work outside that timeline if infrastructure is already in place though), so they have two seasons to get everything in place to produce.

I'd suggest that 2026 will need to be a year of 3D surveying around Itumbula, and several wells drilled in that area. 2027 building the processing plant and testing, prior to producing in November 2027. I wouldn't have thought that there was much time or resources (unless big money was committed) to go drilling off piste, but that would come in time.

I think there was talk of surveying other parts of the mining licence and maybe drilling there, North of Tai and Itumbula. That would definitely have to be done in the dry periods, as the area is completely flooded otherwise.

Hopefully everybody will be wiser just after 7am tomorrow.

Slipped back to $7.00, but now powering back up to $7.50.

Around 555p.

At 14.40 226K traded.

Price 14.55 $8.30.

Crazy price action. Will it be translated over here?

$7.05

Looks like it opened at $6.

Settling back 5.50 to 6.02

Don't pay too much attention to this but....

Pre market ranges in the US are 6.02 to 6.03!

Equivalent to around 445p. Seems a bit unrealistic but there are some wild share spikes around the world at the moment.

Apparently it is to do with the FCC increasing satellite bandwidth by 7x in a regulatory announcement after LSE close.

Interpreted as extremely bullish for FTC and is a genuine 30% rise.

UK markets closed Monday, so we could get double bubble Tuesday.

Suspect it will be promoted on X come Monday.

Gogs! Yes I am well thanks - apart from a broken ankle, so I am somewhat laid up at the moment, and suddenly find myself with time on my hands and a renewed ability to post and tweet at will.

This timing has happily coincided with the Rift IPO and events at He1. So my interest is piqued.

I do feel sorry for long suffering He1 shareholders, I was one once, but got so disenchanted I sold out prior to the discovery. As you know I was very enthusiastic at one time, and spent hours researching, and sincerely hope my enthusiasm didn't lead anyone astray.

I have followed H1 from a distance over the last couple of years, through the trauma of the funding rounds. I never anticipated the relentless cash calls, and I suspect the share price is still suffering the overhang from the last one as the shares have not reacted to Qatar as other early stage outfits have done. Hopefully the end of that is close. Shareholders have little faith in management as a result.

Hopefully today is an inflection point. $60M+ in sunk costs must count for something, and if He1 can break the habit and chuck away the begging bowl then there maybe hope for the share price.

It depends on "the deal" whatever that may be and with whom.

China is indeed a possibility, but Tanzania also courts the West.

Rift is interesting, with the only block He1 could never get and right next to Itumbula, the usual suspects in charge, and Tz interests catered for from the start.

Noble will be drilling again in the next few months, and well south of their original targets, and much closer to He1's licence area, around 70km from Tai. 2 + 2 shallow wells in a 200m square.

They and Rift targeting different types of reservoir trapped helium, as opposed to gas flowing from basement as at Itumbula 1W.

If they were successful would He1 go back to looking for a trapped reservoir?

Anyway I'd better not get too enthusiastic, but if I see any activity from above I'll give you the nod, at least until I'm mobile again.