Member Info for SnipVW

25% of this money they are raising is to go to investing in O&G exploration, as per their previous commitments of injecting $5bn. That is a very large percentage of the monies raised, bigger than any other area that is to be propped up I think.

The point isn't a slick website, it's professionalism. If they've taken this much care about engineering the website and how it presents them to the world it doesn't give much hope for how they perform behind the scenes. This is their window to the world and right now it's not too pretty.

This can be rectified by someone spending less than £15k who knows that they are doing. It doesn't make sense targetting high end markets such as for yachts' and motorhomes and directing them to the current website.

I'm glad you have such faith in the company/product/BOD as right now they're showing me nothing on all fronts. It's ridiculous launching a company like this without an anchor client lined up, with poor marketing material and no strategic roadmap, and with no solid management. The last round of raising finance there came as this investment is tax efficient to mop up losses elsewhere but people are usually not stupid twice.

The only thing that's keeping it at this SP is the market they operate in.

Sophie, I must be missing a point too. Verditek clearly from their marketing material, both on the website and Twitter are showing many examples of easy to access and largescale projects that they would like to consider themselves for, otherwise, why do so?

I've not seen much marketing material come out showing product placement in the Amazon jungle. The car parks that they are fond of highlighting have no burning need for a flexible or lightweight solution, they are static and built on concrete. They have to have a price competitive product for these markets that they coved surely?

Frankly, the website, both visually and content, leaves a lot to be desired, as does the marketing material they put out through distributors, the layout and wording on some of it is like a 10 year old has produced it. Is this a serious company because I'm really starting to wonder. Everything is being done on a shoestring it feels.

1st decent post on Twitter I've seen from Verditek - fully electric tuk-tuk that they have roadworthy. There's quite a bit of competition in this space for EV's, massive market too. Hope we are having serious talks with the main manufacturers.

Have we now cleared the sellers? First time in a while that sells have not been kept up with the buys intentionally.

There should by now be enough news to warrant an update; sales, dealer networks, a possible sniff on a further order from SAF.

Anything would be nice really just to know they're still there kicking about and haven't yet finished up for Christmas. Good to see that the 3rd party marketing company is still pumping out news on Twitter

It is quite amazing how many times people post ' he/they didn't say it but...'.

Words are powerful and a skilled CEO has built a career on how to deliver syllables and pitch. They will do it every time so no point in getting a 'feeling' from what they didn't say. These guys are salespeople, don't forget it!

Hard results are the only things that matters.

God interview on Twitter with CB. Think it was recorded a few days ago as he mentioned that the drill had arrived and they would be making an announcement to that in a few days. He did mention that the rig needed to be checked to make sure it complies with Aus H&S and then they would be ready to go.

News to flow will start soon, he believes and should achieve good capital gains for investors.

How do you know this? I can see Andrew Cutler as a GM; he has no experience in renewables, mining or O&G. He is also based in Syd which is probably the worst location for our 'target' market. Looking back over his 10 yr history he has consulted for very small companies and worked for very small companies. How many people are on the ground and if there are, why are they not advertising to the world that they are working for Verditek?

The United States and Greenland are advancing mutual commitments to sound mineral sector governance through technical engagement with the Greenland School of Minerals and Petroleum (KTI Råstofskolen, or KTI).

https://www.state.gov/u-s-greenland-technical-engagement-on-mining-sector-education-and-training/

As we are now also listed in the US, does this mean than any new significant RNS will come out after 1pm so our American cousins can be fully involved? Is one being released today?

There has to be something not quite right you would think but as a whole, the strategy of the company is a little off I feel. A British company, CEO in Thailand and your major market Australia where you don't have any salespeople on the ground.

All that is needed is an order around 5MW or above and this company flies though so I can suffer the silence for a few months.

My problems are not so much with the issuing of these shares, more so the price and the timing. Also, they are not tied to any sort of progression, they just need to make sure to turn up for work and given the titles of the people being issued, most have Director or similar, not really the hard-working people 'on the ground' as PL had stated. If SP rises significantly all will be forgotten but as said the timing of the announcement was really was poor IMO.

Gino I'm investing here as I'm thinking this SP is going to rise, nothing else. I think everything has been crushed with Covid and there are only so many people to go around, it's not a company that employes a large number of people. I've lived in Aus and worked around mining, and have invested in quite a few mining companies in my time. I've seen detailed and impressive looking charts leading to nothing too many times than I care to remember. Just get drilling.

I really don't care if we have been given a detailed plan as to where they are going to drill, you're hardly going to go and cross-reference it and suggest new targets so what difference does it really make. As long as they drill that's what matters and given it's company-owned every available man and his dog available should be operating it 24/7

share options are a bonus for when things are all going well, and in the last 4 years, they have clearly not.

but you didn't know the drill had arrived safely at site? That's a bit part of the story and future operations surely.

that made me chuckle. Here's not hoping that's the case

I don't understand why you think it's low cost? These shares will be in issues for evermore probably. He should just pay them a decent wage, certainly whilst the SP is on the floor