Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Your welcome Hardcoremechanic!!
Always a pleasure to read posts which are fun and witty from someone with a good sense of humor.
I'm sure those potato letters will come in good use on here lol.
DA - Darren
I think all the genuine investors here have had enough of the constant flow of your Bullsh*t , but in what chapter do you shut the f*ck up?
HARDCOREMECHANIC
Top Post of the night!!
Same goes to all other savvy investors, its been a pleasure seeing so many investors tonight posting positive posts on syme to swollow up DA - Darren's pathetic posts, I could eat a bowl of alphabet soup and sh*t out a smarter statement than whatever DA - Darren just said.
HOW'S SYME DOING.
In November, the firm partnered with a European bank and iMass Investments to launch a Shariah-compliant version of its inventory monetisation platform.
The authorisation is scheduled to be completed by the end of December 2020 so the first Shariah-compliant transaction can be settled in the first quarter of 2021.
In October, SYME signed a strategic agreement with Anthony Brown and The Trade Advisory to launch its inventory monetisation platform in the US.
At September-end, the number of client companies on its platform was 142, up from 66 at the end of 2019 and 97 at the time of the company’s July 27 trading update.
The acceleration in the number of corporates ready to be served is a result of the re-opening of activities in Italy after the COVID-19 lockdown restrictions were eased, combined with the positive reaction from client companies to the progress that Supply@ME has made with its inventory funding.
https://www.google.com/amp/s/www.proactiveinvestors.com/companies/amp/news/918091
I am very please with this update today, another box ticked off for kefi.
Patience will be rewarded here.
KEFI Gold and Copper
London-listed company KEFI Gold and Copper plc (AIM: KEFI) is an exploration and development company focussed on gold and copper deposits in the highly prospective Arabian-Nubian Shield.
KEFI Gold and Copper is focused primarily on developing the advanced Tulu Kapi Gold Project in Ethiopia. Tulu Kapi has a Probable Ore Reserve of 1.05 million ounces and Mineral Resources totalling 1.7 million ounces.
Planned gold production at Tulu Kapi is forecast to be 140,000 ounces per annum at an All-in Sustaining Cost of circa US$800-900/ounce over the initial seven years of mining the open pit.
KEFI is also actively exploring for gold and copper in Saudi Arabia where drilling during 2019 discovered copper-zinc-gold-silver massive sulphide lodes at Hawiah.
KEFI is serious about contributing to the country’s mining sector and, as a first mover within the country, has partnered with the Ethiopian governments and leading African development banks as its senior sponsors, to bring to fruition the country’s first 21st century industrial-scale mine development.
Despite the Ethiopian political turbulence during the democratic transformation of the past few years, and despite the disruptions imposed by COVID-19 during 2020, KEFI, the Governments and the regulatory authorities have been unwavering in their commitment to deliver Tulu Kapi.
According to KEFI Gold and Copper executive chairperson Harry Anagnostaras-Adams, the merit of the company’s development approach should pay dividends with the imminent mining boom in Ethiopia by, in partnership with Government, setting the highest standards for environmental, social and governance
https://www.miningreview.com/magazine-article/kefi-gold-and-copper-eyeing-2022-gold-production/
Based on the results of the initial Hawiah PEA and assuming similar characteristics to the current MRE, additional resources further improve the economic case for the Project. For further background, see the Company’s announcement of 22 September 2020 titled “Preliminary Economic Assessment Confirms Hawiah as a High Priority Project” which reported, inter alia, that a doubling of the resource would increase the Project’s estimated after-tax NPV from US$96 million to US$362 million.
https://www.***************************/kefi-gold-and-copper-hawiah-project-drilling-continues-and-very-encouraging/412868777
The shares hoping to fly high next week – here’s the ones to watch.
Nice to see SYME in this list, hoping we all make bags of money next week.
Gl all invested could be a good week ahead.
The share price of Supply@ME Capital has also reached new lows (by its own recent standards). Usually when this happens, something is announced – so we’d be keeping an eye on this one based on this occurence alone. It also tweeted on November 11 for investors to ‘stay tuned’ and noted it works in the financial services industry where announcements can take a little longer as its a regulated industry.
https://www.sharebuyers.co.uk/shares/shares-hoping-to-fly-high-16-11-20/
That's your weekly round up complete, there is always room for more from the savvy investors invested here :-))
Deprampers
You always bring me so much joy—as soon as you leave the room.
It’s kind of hilarious watching you try to fit your entire vocabulary into one sentence.
You’re about as useful as a screen door on a submarine.
If I wanted to hear from as*hole's, I’d fart.
All genuine investors, its been a pleasure.
Incoming news will lift us to new highs.
Onwards and upwards.
Revolutionary platform..
Some figures in the given link have slightly changed, so apologies in advance.
SYME has an exceptionally strong product and software development team alongside its core business development team entrenched in key markets. The recent move to London helped solidify SYME’s position as a bold start-up with an attractive proposition, given the attention foisted on it by London’s lenders looking for value amid market turbulence. For FY21, we expect 60% YoY core net profit growth driven by 23% YoY revenue growth and margin improvements from entering new markets and further expansion in the ME and US. Growth by M&A is also possible, given strong net cash post-IPO and the fractured digital monetization landscape.
Analysts are beginning to pick up fintechs that are braced to ride over market headwinds as regulatory forces are loosened to help the global economy recover. We’d expect SYME to capitalize on the difficulties faced by companies who are sitting on stock and unable to free up liquidity in order to advance or push through the expected dip.
https://www.shawanoleader.com/entrepreneur/supply-capital-report-for-supplyme-capital-company-innovative-technology-trading-at-a-discount/
Buy Supply@ME Capital, analysts say, as firm thrives amid uncertainty
London’s financial community has been entranced by the fintech darling at time its homegrown stars have waned with flat earnings across the street.
With Brexit on the horizon and the unlikelihood of a trade deal heightening, the prospect of tariffs on goods and the threat of further economic damage from coronavirus, the emergence of an alternative capital arrangements company appears manna from heaven for yield-hungry investors.
https://www.google.com/amp/s/marketbusinessnews.com/supply-me-capital/245238/
INSIDER TRADING History...
https://www.marketbeat.com/stocks/LON/SYME/insider-trades/
Fintech - The Future of Business Lending and Finance (LON:SYME)
This is where Fintech and Supply@ME can help out . Fintech allows companies to secure cash flow on the back of their inventory.
For example, a toy manufacturer is potentially sitting on hundreds of thousands of pounds in unsold stock. At the moment it may not be selling, but that doesn’t mean it doesn’t have value. This business is a prime candidate to unlock equity backed up in their stock – and that equity wouldn’t rely on its credit rating being squeaky clean – it would simply rely on the value of its toys, which is steady. The working capital this firm could unlock from unsold would cover all its costs and could even allow it to pick up the pace when the pandemic does finally subside. Furthermore, this business would no longer be hoping that Christmas goes well, and a second wave of the virus would not have the same catastrophic impact on the company.
Until very recently, there was not a way for businesses to tap into these assets. Yes, you could securitise the value of a loan against unsold stock for a short-term fix, but debt is expensive in the long term, and can stilt business down the line.
Supply@ME, offers a solution to businesses – and since their IPO on the London Stock Exchange in March, right at the start of the virus, have already partnered with banks, hedge funds, asset managers and other types of investors to unlock hundreds of millions of pounds for hundreds of businesses across Europe. But this doesn’t go far enough.
If businesses are to survive beyond the pandemic and not just survive its immediate impact, governments everywhere will have to find new, more creative solutions to funding businesses, and these need to be implemented quickly.
https://www.stockopedia.com/content/fintech-the-future-of-business-lending-and-finance-lonsyme-676768/
Big Future Growth For Supply@Me.
Listen again to this Alessandro Zamboni interview.
https://audioboom.com/posts/7696609-alessandro-zamboni-founder-ceo-supply-me-capital-syme-l-interview
How unsold stock is stalling shops’ Covid recovery...
The Government have tried with CBILS and CLBILS, and this has provided a short-term solution to the long-term economic turbulence. The reality is that businesses across the UK will emerge from the pandemic burdened with debt – debts that will limit their growth and damage their credit ratings. Equity is the only long-term solution, and Supply@ME is committed to realising that mission.
https://premierconstructionnews.com/2020/10/07/how-unsold-stock-is-stalling-shops-covid-recovery/
Some interesting calculations.
https://twitter.com/knocker1231/status/1327212539567108098?s=20
The inventory monetisation group also said that following an update to its inventory funding and institutional investor relationships on September 10, 2020, and pursuant to the confidentiality agreements signed with its partners and client companies, that it “looks forward to updating shareholders further on its business operations and their related financial impacts in the coming days”.
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/929974
SYME and StormHarbour are currently finalising the details of the securitisation programme which is anticipated to cover, within 12 months and through multi issuances, the whole of SYME's current portfolio of originated inventory contracts.
A further announcement will be made following completion of the placing of the initial issuance, including the amount raised and the sub-portfolio of inventories (and related sectors) that the Platform will commence monetising in favour of its clients.
Commenting on the new agreement, SYME Chief Executive, Alessandro Zamboni said: "The commencement of this programme is an important milestone in the Company's development, confirming the importance of our Platform's offering in supporting the working capital needs of Companies and helping to monetise their inventory days, especially in light of the current, unprecedented global economic challenges, and the countless number of businesses impacted by the Coronavirus. Our partner, StormHarbour, has a reputation for integrity and trust together with the global expertise to foster this innovative securitisation programme and we are delighted to be working closely with them.
https://markets.ft.com/data/announce/detail?dockey=1323-14507639-5OLVKFRH1FCJ92MI1U4QHJ1OFV
Demand for Supply@ME Inventory Monetisation© from pipeline client companies remains high.
The average target client company typically has €100m of turnover. The average target size for each inventory monetisation transaction is circa €15m.
As reported in the latest interim financial statements, the Company’s portfolio of client companies has continued to grow. This Portfolio is expected to increase significantly should the Self-Funding transaction model described above proceed because the funding institutions would add-in many of their own existing clients into the portfolio.
The tables below show growth in origination from December 2019 to June 2020 together with a breakdown of the sectors in which the client companies operate.
Value (Euro) Dec 19 31.3.20 30.6.20
Gross origination 972m 1.22bn 1.43bn
Number of client companies 66 82 97
Sectoral concentration %
Retail 20,62%
Materials 17,53%
Capital Goods 13,40%
Food, Beverage & Tobacco 12,37%
Food & Staples Retailing 9,28%
Consumer Durables & Apparel 8,25%
Automobiles & Components 5,15%
Pharmaceuticals, Biotechnology & Life Sciences 3,09%
Technology Hardware & Equipment 3,09%
Energy 2,06%
Consumer Services 1,03%
Health Care Equipment & Services 1,03%
Household & Personal Products 1,03%
Media & Entertainment 1,03%
Telecommunication Services 1,03%
A further 272 potential new Client companies have been introduced by one of the two Self-Funding Partners mentioned above.
Roll-out of the service into the UK and other new geographies
https://www.business-money.com/announcements/supplyme-publishes-trading-update-and-announces-development-of-dual-funding-model/
Inventing A New Kind Of Wheel?
Part of the opportunity in small caps and the effect of the pandemic, is that it has inspired a need for new ideas in funding, due to companies needing to maintain as healthy a balance sheet as possible in the present challenging environment. On the face of it, by making inventory an asset class Supply@Me has perhaps not so much reinvented the wheel, but even created a new type of wheel. This would certainly explain the high market cap, and the way that the Chairman of the company, was happy to buy £1.5m of stock after it had multi-bagged on August 19.