Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
"anticipated to increase the success rate of the mining probability of these machines by 2.6 times."
Anticipated by who, clearly not the miners or the market else there'd already be a deal and the share price would be many many multiples of where it is.
Not saying this is a scam but I think FG is allowing people to get carried away with where the idea is.
Current Mcap Β£17m.
Based on the claims of FG Mara would pay that back in the first month of utilising their methods.
If there was even a 1% chance of this working then any one of the big miners would.
A) be doing it themselves
B) buy QBT outright
C) signed an exclusive deal
The fact that none of the above has happened and the based on the mcap, the market knows this is a no hoper. Just the occasional pump and raise.
Not close enough for the miners to sign an exclusive deal. We'd already know about that. Who exactly is FG trying to convince here, the product should sell itself. What's the purpose of these videos? The only answer I can think of is to hoodwink investors for another placing.
Same questions that Suthy and Suthy, I mean Jambone, keep ignoring.
1 - Why haven't the miners just hired some boffins out of MIT to do this for them?
2 - If FG had shown it to the miners and it works then why aren't they ripping his hands off to sign an exclusive deal, which could have been announced already. In fact why aren't they just buying the entire company?
If he's shown it to the miners and it works then why aren't they ripping his hands off to sign an exclusive deal, which could have been announced already. In fact why aren't they just buying the entire company, Β£20m is peanuts to the likes of Mara.
Not sure if this helps Hexam?
Quite a good explanation, particularly the primary Vs secondary market for ETFs. Need to read it again myself when I have a bit more time.
https://www.invesco.com/apac/en/institutional/insights/etf/understanding-etf-trading-and-liquidity-the-basics.html
@roger65 their best chance to get a slice of Argo was anytime in the proceeding 12 months for an average price of around half what they paid. Perhaps they're not that smart after all. Makes you think hey.
Seems a sensible raise would be nice to hear something from the new CEO, hasn't put any meaningful interview or plans as far as I am aware.
Honestly don't understand why people get their knickers in a twist talking about what are essentially Argo competitors on here, especially when it's good analysis and the only talk of Argo itself is mindless ramping.
This board has some of the best analysis of the Crypto market anywhere, not sure why you wouldn't want to read it, if you're interested in Crypto.