Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I had 5 bitcoins I bought for £7 each. Sold them for £90 each.
Luckily for me though I don't feel too bad about it as I had the coins in mtgox which got robbed so I would have had zero if I had kept them.
RMS is in the red again just as you predi.... Oh no wait. You said it would bordering 5p this week.
He used this video as part of one of those interview/presentations he did recently. Can't remember which one it was though.
Bumped for dai2belts
Sent an email to AZ...
Hi
I was wondering if you could clarify the work that is being conducted with the Big 4 accountancy firm.
There are a number of talks online regarding how the “true sale” would have to be counted on balance sheets and that it may have to be counted as a debt in order to fall within IFRS rules in some form or another which is what you are obviously trying to avoid with your system.
Could you let me know if the Big4 firm is checking whether your “true sale” method would be within the rules or whether people are just making a mountain out of a mole hill!
Thanks very much,
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His response:
The framework is already IFRS compliant: the Client Company accounts, accordingly, the sales of the inventory to our platform as revenues (income statements), cash and not debt (balance sheet).
The engagement of a BIG4 is helpful in order to manage future opportunities re the evolution of IFRS standards.
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Hopefully that clears that up.
Interesting stuff. Couldn't see how they get H2O though. I assume they can't use tap water as it's full of minerals so they'd presumably need pure H2O in order not to have waste products which I imagine has a carbon cost to purify.
Yep. Because the treatment is for inflammation. Helping with covid is just a nice bonus for a drug that will be used for all causes of inflammation.
You didn't include PE. That's about 18 for renewable so actually a market cap of £388 milion.
Interesting that there are now 2 months of meeting minutes unreleased. Very unlike them which makes me think the gasification plant update has news in it which they have been asked not to release yet....either that or they are just forgetful.
I think 0.20p could be likely if we get some news before crimbo. It shot up 80% on the diabetes trial news so it could do well.
Hope year end means calendar year. Normally means financial year in businesses. So we're in quarter 3 of the year at my place, still 3 months of the year to go. Not sure when SYMEs end of year is. Is it end of Jan?
isa is over deramping RR at the moment with his usual nonsense.
But the little minus sign next to my SYME investment has gone and its gone from red to blue.
Defo 0.69. He doesn't have to break even on the 31st.
1. It's not diluted, it's just not consolidated yet. They could, and I think they have said they will consplidate in the future. That will just mean you'll have less shares but they'll be worth more.
2. It is unique tech.
The seller has minimum 1.1 million quid if sp doesn't reach target and if it does and option is taken then they get their 5 mil. So yep, risky in terms of a big increase in sp means they lose out but if sp crashed or only raised a little over target they still get money and could always buy back in.
Also selling 630 million shares on the open market would probably be quite hard.
People seem to be misunderstanding the word receive in the RNS.
He has paid 1.1 million for the option to buy the 630 million at a set price. The word receive doesn't mean for free.
I receive goods from Amazon all the time. I still paid for them.
it only has to be 0.69 on the 31st though. He can break even at a later date so it doesn't need to get to 0.86 this year but hopefully it will.
I thought he was blowing a kiss. :-(
The 31th of any month is my favourite with the 10nd of the month my 2rd favourite.