Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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Who's deramping figtree? Honest opinions being posted here as far as I can see, sorry if that goes against your incessant ramping.
Cards/bank transfers are the answer to that surely, can't see any relevance to digital money/blockchain.
Just to be clear, I'm backing QBT all the way, I just think the ultimate goal is far more than shaving a few percent off current energy useage, it's about making block chain technology accessible and economically viable in all areas of life, not just digital money.
If QBT can help do that there's greater things for everyone than purely some people making some big returns on their investments.
Hello,
The redampers are getting very nervous.
The BS on this BB is laughable, as october approaches.
It’s still september. Don’t over do it.
>>> anything above 10% << <
September, and already they are panicking, blimey.lol.
And what happens to old paper/plastic money? It gets incinerated. Hardly environmentally friendly.
My point:
https://www.bbc.co.uk/news/technology-58572385
This needs to be tackled before blockchain/bitcoin can be taken seriously!
DYR
Don't think you understand the potential of what they are doing my friend. Ultimately they plan a complete new approach using quantum and AI. Unless blockchain can be done using reasonable amounts of energy it has no future, full stop.
DYR
GLA
"QBT are going to have to develop something that gives at least a 70% saving on energy usage for any real impact ...."
Your living in cloud cuckoo land if you think they can magic up an algorithm thats produces those sorts of efficiencies !!!! I'll take anything over 10% .... 10% of a $75 billion unmined market (at todays prices)
I agree that October is going to be substantially quieter than some on here are expecting. But I do think that the right news is still worth waiting for.
I think that by the end of the year it'll be a lot clearer as to wether this company is likely to deliver or not.
I must admit I'm only hanging on to these shares in the hope something meaningfull comes out of this new R&D phase, some days I do think it's blind hope, QBT are going to have to develop something that gives at least a 70% saving on energy usage for any real impact due to the enormous amounts of energy still being required, even then the resulting energy usage may still be too high for mainstream adoption of block chain technology. I'm in for the long hall , I think you have to be realistic as to how long it can take for the radical developments that are needed rather than shaving a few % off the energy usage.
I believe QBT's game plan reflects this: some immediate small savings and actual mining will maintain interest, income and a reasonable SP followed hopefully by major developments in the next few years that will see QBT become a valuable contender in this area and a renewed global adoption of block chain technologies.
Just my thoughts and why I have a reasonable long term investment in them.
Good luck all, you either believe in them or you don't, if you don't just get out and leave the rest of us to it.
October could also be like every other month. I bet only 1 or 2 of those objectives are met. 1 being DWAVE progress, which is a given. Next spike and I'm out of this BS. There's far too much jam for tomorrow and my chillies are ready to be made into jam today!
October could be transformational.
Caterpillar into Chrysalis or Pupa, from thence into beauty...
Company is now fast approaching timetable of key events, next quarter:
October - FPGA CHIPS FG decision to use as first mining engine ?
October - First versions of FPGA chips expected in October?
October - *Partnerships / JV announcement?
October - ASIC CHIPS development commencement?
October - Northern Italy site infrastructure deployment completion?
October - DWAVE - progression
“November 10th” - Long awaited Venice Court Hearing $7.8m? Sipiem
October - Dec - IP - patents filed? + no of optimisations revealed.
January - ASIC Development of CHIPS progression since Oct- Jan.
*Jan - more news of JV / Partnership? Rvenue build.
Feb 15th - Expert’s, 10m x 5p stock options “finally exercisable ........”
1st Feb - Mar31st - Courts verdict “within this 60 day period” = $5-7.8m?
*”A Partnership announcment” is a key catalyst here as we enter ASIC development phase. CEO’s short-term plan for company to seek: “right partner will likely be bought in to exploit BTC market”. This is now the next big announcement along with rapid ASIC chip development phase commencment. The up coming court case is a bonus, all the whilst meat on the bones and the options expiry at 5p are simmering away.
Disrupt the status quo...