Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
If we are spending money on it ...it matters.We had a drill ongoing in Ireland ...the result of which matters to me. Sell it or farm in partner,but do something..same goes for Greenland,money spent there too for a reason. Gold.Ok slow progress but appear to be doing something.HH agreed.
Agreed, it should be worth being the operative word.The reason it isnt is because we are failing to monetise the assets.HH alone is worth multiples of our SP.Everything else needs action....What is going on in Ireland after all this time...
I hope for a substantial rerate on the back of HH ,however,managements guidance and direction on all our other projects has been so poor.The drill in Ireland,? Did they forget it. Greenland is in endless testing, Welsh gold is miles and millions from being ready for production.We simply can’t bring all these projects on with the limited resources we have. HH is our “gold mine” and seems to be progressing thanks to the efforts of others. Come on GF ,earn your bloody keep.Meanwhile a good rerate tomorrow would be a good start..
MMX have a new impressive website..
Not a question I ever ask..as I think you know from previous posts.
I think that there has been a perception amoung some PIs that the lights are off and not much is going on,this couldn’t be further from the truth.Its clear to me that a great deal of work has and is going on,these innovative ideas take a great deal of preparation before they can be launched .Im happy to see the progress with tlds like VIP ,the greater use of data to maximise tld performance ,as evidenced by the growth in tlds .yoga .beer .casa ..fit .surf and even .vodka putting on a few.
In conclusion,Although it’s sometimes difficult to reconcile operational performance with the SP ,Im satisfied that the company is vastly undervalued and that addressing the valuation is essentially the final brick in the wall in the rehabilitation of MMX under TH. It has been frustrating and continues to be but,as a long term investor I am pleased with my decision to average down my break even point over this year. I hope this post helps some,I know it won’t for others but each to their own. Atb
Good afternoon all.I prefer to communicate with TH after a set of financial results,however,I have been wanting to gain a better understanding on .Luxe and it is for that reason that I contacted him,resulting in our phone call and an expanded subject matter ,necessarily,limited by the financials due in a couple of weeks.
.Luxe.
Although,making a good contribution to revenues,.luxe is still in the early stages and still considered an R&D property demonstrating good progress.Currently,it is in the pilot phase of testing the multi-chain solution with a wallet and exchange partner ( As a crypto user ,I believe this is the critical key to unlocking the potential that .luxe offers) ,keeping MMX at the forefront in this emerging growth area.Im greatly encouraged at this point in .luxe development ,after feeling that we were not achieving the potential that it offers.A lot of work is being done here.
Buyback
I come to this subject with little interest in seeing it progress,much preferring to save the cash towards a dividend ,however it has dominated the B.B. in recent weeks.
Unfortunately,TH did not want to be drawn to deeply into the subject but ,”it’s clear that it has triggered additional institutional interest from other quarters that is significantly greater than the quantum of the buyback” and we know this started at the time of SJLs sale..I am satisfied that there is a clear strategy and perpose behind it without knowing the exact mechanics
Adultblock
The Adultblock offering is a vastly superior product to its predecessor and in a world where greater security is required ,TH has identified and steered this property through to ICAAN approval and prepared it ready for our partners to market .The customer feedback is positive and the first partners are now starting to introduce the product to their customers.Toby is pleased and encouraged by the progress and looking forward to partners gearing up sales activity through to the end of the year..Unlike a tld launch,this is not a one off moment,it forms a part of a much larger brand protection plan. I liked the sound of that.
Ntldstas and company valuation
Although Ntldstats has been our guide to performance it is becoming less accurate as a measure of total performance,all the more so post Adultblock.still useful but not the bible it once was.
Much has been made in recent times of the vulnerability of MMX to a low ball offer ,given its SP.
I addressed this point. TH was clear that the SP has no bearing on what a potential acquirer might pay.Any offer for the company would be based on the quality of the business and not any current market value.The simple fact is that any offer would have to be accepted by investors and “low ball offers” would be and would be known by bigger fish to be a waste of time..We have in the past discussed the factors that come into play,synergies ,predictability of annuity income ,future and present potential etc