Rat’s Rant – The Thailand BNPL Edition

81

What’s Hot – 4DS, SBW, DW8, GED, WWI, AVL, LRS & ECS
 
What’s Not – PBH

What’s Doing – BNPL Hump Day in Thailand

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Good Afternoon,

Did you know that on this day in 1948 Kim Il-sung established North Korea.

After the Second World War, the Korean peninsula had been divided across the 38th parallel. 

The northern part was occupied by the Soviets while the south was occupied by the Americans.

The Cold War impeded unification and on October 9, 1948, Kim Il-sung declared the creation of the Democratic People’s Republic of Korea with the support of the USSR.

I wonder what his Dad Sang back then…….

Where on a highway to hell maybe…….like my gold deposit over there that I was mad enough to invest in when still on my training wheels. 

Gold in North Korea, what could possibly go wrong was what I must have been thinking when writing that cheque, which I know quite a few of you on this list also wrote cheques for. 

What’s Hot  

4DS – 4DS Memory Limited today closed up 46% to finish at 7.3c on $12m stock traded. There was no news out today so it’s no surprise that the ASX or Constable Chapman whacked them with a speeding ticket not long after lunch today.

I do know the guys on the board and Uncle Dave will no doubt read this tonight while sipping on some green tea playing a game of memory with his kids.  

Good luck to you big fella and the rest of the 4DS shareholders. 

Some details on what they do are listed below:

About 4DS

4DS Memory Limited, with facilities located in Silicon Valley, is a semiconductor development company of non-volatile memory technology, pioneering Interface Switching ReRAM for next generation gigabyte storage in mobile and cloud.

Established in 2007, 4DS owns a patented IP portfolio, comprising 26 USA patents granted and 6 patent applications pending and or filed, which has been developed in-house to create high-density Storage Class Memory.

4DS has a joint development agreement with Western Digital subsidiary HGST, a global storage leader, which accelerates the evolution of 4DS’ technology. 4DS also collaborates with imec, a world-leading research and innovation hub in nanoelectronics and digital technologies.

The combination of imec’s widely acclaimed leadership in microchip technology and profound software and information and communication technology expertise makes them unique.

She’s been a busy Constable that’s for sure !!!

SBW – Shekel Brainweigh Limited today closed up 45% to finish at 32c on $769k stock traded. There was no news out today and nor has there been for quite some time but late today they too were slapped with a speeding ticket of which they are yet to respond too.

These guys have some cool technology and I have met them before but sadly my clients that did own them sold not long after Dave Sharma was forced to step down from the board and become a politician. 

Good man old Dave, he might even read this too !!!

If so get this roadwork in Bondi Junction over and done with would you my local caring fun loving MP who might even be on this list.    

Some details on what they do are listed below:

About SV365 Technologies

We supply innovative technology for the food service and Vending industry, providing back and front of house labour saving solutions. SV365 Technologies has established close partnerships with leading equipment and technology manufacturers around the world.

From this diverse resource the team has been able to bring together a comprehensive range of unique and proven solutions targeted for specialised and niche applications.

Depending on your situation, successful operations often relies on providing a package of carefully selected products. With decades of experience in management, operations, sales and technical support, we are in the perfect position to advise and source the correct, complementary equipment for your programme.

About Shekel Brainweigh 

Shekel Brainweigh has for over 40 years been a global leader in developing scale and weighing technology. The company provides weighing solutions to the highly regulated retail and healthcare markets via global giants such as Toshiba, Fujitsu, Diebold Nixdorf and others.

Utilising its experience in weighing technology, Shekel Brainweigh is developing a suite of new products aimed at meeting the challenges that traditional retailers face today, such as store automation, operational efficiency including overstock and understock issues and enhancing the consumer experience.

Shekel’s patented combination of weighing technology with Artificial Intelligence (AI) and Internet of Things (IoT) technology has led to the development of the “Product Aware Techno

Give the bloke above any day…….

DW8 – Digital Wine Ventures Limited today closed up 35% to finish at 5.4c on $2.7m stock traded. There was no news out today and nor has there been since Monday when they announced that they entered into a proposal to partner with Multi Service Pty Limited, a global B2B payment solutions provider, to offer Credit as a Service to users of winedepot’s direct-to-trade marketplace when it is launched later this year.

Don’t know it, don’t really care for it as I drink JD and coke but good luck to those that own a few.  

Some details on Monday’s news are listed below:

Direct-to-Trade Marketplace to offer users access to Credit as a Service


HIGHLIGHTS:

WINEDEPOT to offer Credit as a Service to Direct-to-Trade Marketplace users

WINEDEPOT expects guaranteed and accelerated payment terms to attract suppliers

WINEDEPOT expects single account, single invoice, single delivery & single payment to appeal to trade buyers

WINEDEPOT Credit as a Service adds another revenue stream to the business model
Digital Wine Ventures, is pleased to report that it has entered into a proposal to partner with Multi Service Pty Limited (“Multi Service”), a global B2B payment solutions provider, to offer Credit as a Service (CaaS) to users of WINEDEPOT’s Direct-to-Trade Marketplace when it is launched later this year.

Similar to Afterpay and other point-of-purchase credit solutions, it is intended that WINEDEPOT’s credit solution will be outsourced to our payment solutions partner, who will take responsibility for managing the invoicing, collection and fraud detection processes. Importantly the payment solutions partner will also assume the risk and recourse while guaranteeing payment.

Digital Wines CEO, Dean Taylor is confident that the provision of CaaS will have significant appeal to both suppliers and trade buyers, whose cash flows have been under intense pressure due to the government restrictions related to COVID-19 which forced the majority of restaurants and hospitality venues to close over the last few months. “For as long as I can remember, the hospitality industry has relied heavily on overly generous terms provided to them by wine and alcohol suppliers. 

It is not uncommon for suppliers to wait up to 120 or 180 days to be paid in full. There is no doubt that COVID-19 has made the situation worse.” “To help the industry get back on its feet, we intend to offer suppliers using our Direct-to-Trade Marketplace the ability to receive cleared funds within 48-72 hours of each sale.

Stacked on top of all the other benefits our platform will offer, I have no doubt that suppliers will find this optional service this very attractive.” Mr Taylor is also confident that the addition of Credit as a Service will also appeal to trade buyers who will no longer need to open and manage accounts with dozens of different suppliers on different trading terms.

Instead they will be able to purchase everything they need through a single account on a single invoice, that is received in a single delivery and settled with single payment 30 days from the end of each month.

GED – Golden Deeps Limited today closed up 25% to finish at 2c on $1.9m stock traded. There was no news out today and nor has there been for over a month so your guess is as good as mine.

They do however have exposure to the silver price and aren’t capped at very much from memory, I used to own them but pretty sure they gone now as I had to pay my tax. 

Some details on their latest project are listed below:

AEROMAGNETIC DATA GENERATES GOLD/SILVER/COPPER TARGETS AT HAVILAH PROJECT

Highlights:

Mineralised trend of over 3 km length identified within GED’s Havilah Project by reprocessing and reimaging of aeromagnetic data

Mineralised trend is in prospective Ordovician volcanic sequence and runs north-south passing through the Milfor Prospect and the Cheshire Mine and continues into the southern end of Silver Mines Limited’s Bowdens Silver Project

Geophysical and geochemical targets identified remain untested

Havilah Project abuts southern end of Silver Mines’ Bowdens Silver Project with a Mineral Resource of 128Mt at 40g/t Ag, 0.38% Zn, 0.26% Pb3

Soil sampling is planned over geochemical and geophysical targets generated to assist in targeting drilling
Golden Deeps Limited is pleased to announce that processing of aeromagnetic data covering the Havilah Project near Mudgee in NSW has generated targets prospective for gold-silver-copper.

Aeromagnetic data over the Havilah Project was reprocessed and re-imaged by leading geophysical consultants, Southern Geoscience Consultants (SGC) (Figure 2-3). The new images show a north-south trending magnetic anomaly of over 3 km in length located on an interpreted structure.

The structure on which the magnetic anomaly sits trends through both the Milfor Prospect and the Cheshire Mine and continues northwards into the Silver Mines Bowen Silver Project.

Historic workings at the Milfor Prospect and Cheshire Mine are hosted by Ordovician aged rhyolitic to andesitic volcanics that contain pyrite and chalcopyrite. The volcanics are part of the Macquarie Arc in the Eastern Lachlan Fold Belt that hosts the Cadia, North Parkes and Lake Cowal deposits.

The Cheshire Mine workings have a coincident induced polarisation chargeability anomaly and associated skarn alteration that extends south towards the Milfor Prospect, 1.4km to the south. Twenty shallow percussion holes (<21m) drilled at the Cheshire Mine by Mt. Hope Minerals NL in 1973 returned best results for zinc and copper but were not assayed for gold and silver.

WWI – West Wits Mining Limited today closed up 20% to finish at 2.4c on $310k stock traded. There was no news out today and nor has there been for a long time but they do have a Investor Webinar that is on tomorrow that I plan on listening in too with quite a few influential people in my eyes anyway. 

Some details on the webinar are below for anyone that’s keen for a listen – it’s like this report ……….FREE     

Invitation to Investor Webinar on West Wits Mining
West Wits Mining Limited (WWI.ASX) is inviting you to join a zoom conference call this Thursday 10th September at 2:30pm (AEST) to provide an overview of the Mining Right Application process and activities at the Witwatersrand Basin Project (South Africa) and Mt Cecelia project (Paterson Province, WA).

We are pleased to be hearing from Hulme Scholes, veteran South African lawyer, who will provide his overview on the Mining Right Application. We will also hear from Jac Van Heerden, Managing Director of West Wits Mining, with an overview of operations in South Africa and Western Australia.

Investor Briefing Details
Event:              West Wits Mining Limited – Investor Webinar
Presenters:      Hulme Scholes (NED) and Jac Van Heerden (MD)
Date & Time:    Thursday, 10th September 2020 at 230pm AEST
Where:             Zoom Webinar – details to be provided upon registration

Registration:
To register your interest for the webinar please click through to the link below:
https://us02web.zoom.us/meeting/register/tZYrc–rrT8iHtwk8upkGJ0RvVIqcQZRVc6W

After registering, you will receive a confirmation email containing information about joining the meeting.
Participants will be able to submit questions via the panel (chat) throughout the presentation, however we encourage shareholders and potential investors to send through questions via email before the webinar to ryan@alces.com.au.

If you read this article you would have seen it was featured in the What’s Doing back in Feb, you can find the article here  https://bit.ly/3igx7wk 

Some details on what they do are listed below:

WWI is embarking on a strategic transformation to be the only ASX-listed gold producer with operations in the Witwatersrand Basin and Pilbara (Mt Cecelia & Tambina).West Wits was originally formed to explore, evaluate and extract gold and uranium from project areas located on the Central Rand Goldfield of South Africa’s Witwatersrand Basin. Historically this Project Area, known to West Wits as the Witwatersrand Basin Project (WBP), collectively produced 31 million ounces of gold over 120 years.

On 16 April 2012 West Wits sold a number of its exploration leases for $9m. Currently West Wits has a 3.26 Moz JORC Mineral Resource Estimate at the WBP down to a 

depth of 1,500m. The Company is now developing a mine plan demonstrating the WBP can produce 100,000 ounces per annum over a 10 year mine life from surface and underground targets.

The January 2018 acquisition of the Australian Pilbara tenements enables the Company to leverage its extensive in-house conglomerate gold experience to expedite exploration activity in this highly prospective new conglomerate gold frontier to prove up a Reserve. The purchase of the Tambina project provided access to three existing Mining Leases which will enable West Wits to switch to modern scale mining operations as activity progresses, placing it well ahead of its peers.On 28 July 2011, West Wits acquired the Derewo River Gold Project, located in the Papua Province, Indonesia. This acquisition provided entry into a high grade placer deposit based on evidence from existing artisanal operations. However the real opportunity and focus of this project will be in the exploration upside of uncovering the source of these high grade alluvial gravels.

AVL – Australian Vanadium Limited today closed up 15% to finish at 1.5c on $1.1m stock traded. The reason why they were up today was because they announced a MOU and an agreement signed with Enerox GmbH, a manufacturer of the CellCube vanadium redox flow battery.

Enerox is a global market leader of VRFB energy storage systems & well done to Vince and his team on today’s announcement. 

Some details on today’s news are listed below:

MOU FOR VANADIUM OFFTAKE, ELECTROLYTE SUPPLY AND BATTERY SALES AGENCY

MOU and agreement signed with Enerox GmbH, manufacturer of the CellCube vanadium redox flow battery 

KEY POINTS 

AVL signs Memorandum of Understanding with CellCube vanadium redox flow battery (VRFB) manufacturer Enerox GmbH. 

VSUN Energy signs Value Added Reseller Agreement with Enerox GmbH. 

Extensive Memorandum of Understanding includes development of: o Vanadium pentoxide offtake arrangements to support global VRFB sales by Enerox; 

A vanadium electrolyte facility in Australia to supply Enerox battery installations and; 

Assistance with arrangement of vanadium electrolyte leasing. 

Enerox GmbH is a global market leader of VRFBs based in Austria, with over 100 installations worldwide. 
Australian Vanadium Limited is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Enerox GmbH (“Enerox”).

Enerox is a global market leader of VRFB energy storage systems. Enerox designs, develops, manufactures, sells, installs, operates and maintains battery storage projects on a global level in the megawatt range, for grid-connected energy storage and offgrid/microgrid applications, under the brand name CellCube.

The MOU establishes a cooperative environment to establish binding agreements for offtake of vanadium products from the planned Australian Vanadium Project at Gabanintha (“the Project”) to support global sales and services of Enerox’s well known VRFB product CellCube.

Australian based sales of VRFBs will be supported by the development of a vanadium electrolyte blending facility by AVL. AVL will also assist Enerox with the arrangement of electrolyte leasing on project specific demand.

In addition to the MOU, AVL’s 100% owned VRFB-focused subsidiary VSUN Energy has signed a Value Added Reseller (VAR) agreement with Enerox for the supply and installation of CellCube products and services in Australia.

Managing Director, Vincent Algar comments, “Through AVL’s subsidiary VSUN Energy we have developed a strong relationship with CellCube and have experience with the excellent quality of their product. We are delighted to be able to broaden this relationship further, to include future supply of vanadium and vanadium electrolyte from the Australian Vanadium Project as the Project moves towards production.

With Enerox developing ever larger VRFB projects around the world and in Australia, the secure supply of high-purity vanadium pentoxide will be crucial for further growth of this reliable energy storage technology as it builds its market presence.”

LRS – Latin Resources Limited today closed up 13% to finish at 1.7c on $1.1m stock traded. There was no news out today and nor has there been for a long time or even since I wrote about them last night. 

I wrote a whats doing on it not so long ago which you can find here but you are 4 bhags too late at this stage.

https://bit.ly/3ed4aPV

Some details on what they do are listed below:

About Latin Resources

Latin Resources Limited is an Australian-based mineral exploration company with several mineral resource projects in Latin America and Australia. The company is actively progressing its Copper Porphyry MT03 project in the Ilo region with its joint venture partner First Quantum Minerals Ltd.

The Company has secured over 173,000 hectares of exploration concessions in the lithium pegmatite districts of Catamarca and San Luis Provinces, Argentina as well as a portfolio of lithium projects in Brazil. The company is also progressing its Noombenberry Halloysite Project near Merredin, WA, and the Big Grey SilverLead Project in the Paterson region, WA.

ECS – ECS Botanics Holdings Limited today closed up 11% to finish at 2.3c on $400k stock traded. The reason why they are up today was because they announced that the National Advisory Committee on Medicines Scheduling (ACMS) and Advisory Committee on Chemicals Scheduling (ACCS), both committees within Australia’s Therapeutic Goods Administration (TGA), have announced today a decision to alter the schedule 4 listing of CBD.

I am catching up with the boss early next week, I am quite intrigued by anything Tasmanian as many would know and the boss Peachy might even buy me lunch too if I am lucky.   

Some details on today’s news are listed below:

Interim decision reached on scheduling of CBD 

ECS Botanics Ltd  is pleased to advise that the National Advisory Committee on Medicines Scheduling (ACMS) and Advisory Committee on Chemicals Scheduling (ACCS), both committees within Australia’s Therapeutic Goods Administration (TGA), have announced today a decision to alter the schedule 4 listing of CBD.

The interim decision recommends CBD to be classified as schedule 3. This would see CBD available over-the-counter, that is without prescription, from pharmacies. The second consultation period has a closing deadline of October 13 2020, with the announcement of the final decision on February 1 2021.

From this date qualifying CBD products can be made available in Australia over the counter without a prescription. ECS’s outdoor grow medicinal cannabis project has a CBD focus and the Company is pleased to advise that the project is progressing, with construction having commenced.

ECS looks forward to updating the market on its CBD project as it progresses, including how it will take advantage of the anticipated increased demand for CBD. Additionally, ECS also looks forward to updating the market in regard to its hemp food business and its strategy to leverage the opportunity of hemp protein as an optimal, functional and high value plant protein source.


ECS Managing Director Alex Keach said: “The regulatory environment and market are shifting in ECS’s favour and we have a solid production base to leverage our plant-based business for medicinal and food, capturing the extraordinary and unique properties of industrial hemp & cannabis.”

What’s Not 

PBH – Pointsbet Holdings Limited today closed down 12% to finish at $11.04 on $58m stock traded. The reason why they were down today was because they announced that they had successfully completed the institutional component of it’s $153m fully underwritten 1 for 6.5 pro-rata entitlement offer. 

I don’t bet with them, I don’t own any and nor is there much borrow around. 

Other than that zero value add unless you guys give me free bets or $2 IPO stock !!!

Can sign OMT anytime just FYI……

#getmelong@$2 

Some details on what they do are listed below:

ABOUT POINTSBET

PointsBet is a corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and racing wagering products.

PointsBet’s product offering includes Fixed Odds Sports, Fixed Odds Racing, and PointsBetting.

Harvey Norman is Aussie Slang for …..

No Interest in case you weren’t aware just like PBH @ $11 for me but I could be very wrong like I was with APT…….@ $50

What’s Doing

Buy Now Pay Later launched by ……in Thailand as you can see below

This world has gone BNPL mad I reckon !!!

Margot or is it Mary above………? ? ? 

I wanna hump youse all especially you Margot……

Good night & Good luck with whatever it is that you do !!! 

Go Hard…………. but please stay inside most of the time when you are Going Hard 

We are almost there folks, stop fckn shaking hands would you and humping strangers in isolation while you are meant to be working !!!

I can do it and so can you !!!
Nick Kelso
Wealth Advisor | EverBlu Capital

L39, Aurora Place, 88 Phillip Street, Sydney NSW 2000

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Sometimes it feels like I need to disclose to you what I have had for breakfast but anyway and

……..to finish off possibly the worlds longest disclaimer

GO HARD