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Like I said Deano you already clearly know so much about Bitcoin what is the point of me responding. Some other less informed people might want to read this article by John Pfeffer https://medium.com/john-pfeffer/an-institutional-investors-take-on-cryptoassets-690421158904 and the attached White Paper. This article on a new crypto ETF http://fortune.com/2018/03/06/coinbase-bitcoin-cryptocurrency-fund/ An existing Bitcoin and Ethereum eta with £500M um https://xbtprovider.com Another existing Bitcoin fund with $1.4B https://grayscale.co/bitcoin-investment-trust/ Another ETF thing to get SEC approval for institutional investors https://www.nasdaq.com/article/will-vanecks-renewed-attempt-to-launch-bitcoin-etf-work-cm979148 And wonder if this is a Ponzi scheme used by drug dealers (Silk Road was closed down years ago and cash is normally the currency of most drug deals by the way) why so many institutions are rushing to invest in this. This is a LION board not a Bitcoin one so I will post no more on this topic after this. To finish though, yes I am invested in Bitcoin, bought some more on Friday and will be buying more over coming weeks. I am down about 20% on average so far. No, I did not buy at the 2017 peak because I know the new futures market would burst the bubble (it was a bubble at that time). I do however also, like Tim Draper and John Pfeffer, believe it is gong to $250,000 in the next 5 years. Based on real research, not hysterical nonesene. You might also wonder why

You obviously know so much more than me about Bitcoin so cannot see any reason for me to respond.. As you say a Ponzi scheme used by drug dealers and money launderers

Thanks for your words of wisdom Deano, will sleep better tonight. Lol I was going to pen a response and then I thought what is the point. I will leave you also with your obviously heavily researched opinions.

Have had my off this one for a while, thankfully it appears. Would have hated to have been watching this one closely. Will pop soon, got too. Hey ho, £2k punt to £1.5k or £8k seems good odds to me... GLA

XAU https://finance.yahoo.com/quote/xau.to?ltr=1 have a market cap of £200M with gross earnings of £400M so it is possible for LION to get to 38p a share IFA they match that but it took GoldMoney a fair few years. Not trying to be negative just realistic. CP talked about annual earnings of £100M by end of 2019 being his hope, giving MC of circa 20p (without further dilution). To be fair though Railsbank stake is probably going to provide a good chunk of MC in 2019 too. So my target of 18p at end of 2019 seems achievable. GLA

IF, IF, they can get to the levels of Goldmoney with $2B of gold under mgt then yes 38p is correct, but that is going to take much longer than a year, as that matches what GoldMoney is now. And LG would have proper banking license. Who knows though. I would go for 9p end 2018, 18p end of 2019 and 30p end of 2020. So, all being well a 2/3 year 10 bagger. But just pure speculation based on CP hitting his stated numbers. I have 3/4 other similar plays so with £10k of SIPP money in each, a nice retirement plan. Thankfully I also have the majority in a sensible portfolio of Investment Trusts, up a boring 20% so far this year! I like LG but I am not betting the ranch..

And another reason to be bullish https://www.statista.com/statistics/469855/tin-price-forecast/

One of my top holds at the moment but I am slightly disappointed that they have dropped the planned $21 M fund raising from their presentation. I can imagine those who do not look too closely will get a big shock when that is announced. That said this like buying 2020 30p vouchers for 3p today.

I think Bitcoin is still largely irrelevant as a store of value at the moment, outside a core of growing investors. Current price falls are overdone imho but will fall a little further before big recovery, could be wrong who knows. Gold is still asset of security especially in emerging markets that have currency problems, such as India. Aa such I think LION will do well in next coupe of years. Which is why I am invested in both Lion and Bitcoin.

FFS we now have to apologise for using the word mention twice in the previous note. As you can see this endless updating is very time consuming and erm, totally pointless...

Dear Tubeness, as mentioned previously mentioned the BOD apologise for the typo in first release it should have read Amazing Bacon Sandwich.

The BOD wish to provide an update on the previous update we meant to say �amazing bacon sandwich� We will update you on the next amazing sandwich CP as soon as we can

That is all you have to wait! Will people stop twittering and get on with their lives. What point is an update unless it an erm, update: �Dear shareholder we are delighted to confirm that everything we have said previously is still on track and we will update you again when we have anything more to say. In fact, can we clarify, although we wish we could dedicate our daily lives to updating you on everything, CP had an Amani bacon sandwich for breakfast yesterday for example, we believe spending our time building shareholder value makes the most sense. So, unless we say otherwise will you please just assume everything we have said we are going to do we are still going to do�.

Lol, the irony...

Calm down FFS what difference does it make until September? As Woody said they will issue a RNS

They have announced the launch date, Q2!

Will be 6p minimum by end of year IMO based on all reasons set out below. So, back to my life for now.

We had a podcast 2 weeks ago how much updating do your need? Should they update to say "we will update you again very soon when we have something to say"! I am sure they will update when they have something to say, such as the launch of Goldbloc and an update on Finland. Long term investing is measured in years not days!

CP also said September at recent Share Talk event too. Within the 3/4 month window.

Wombles as I have said preciously ATM need to raise �21M next year to fund mine build. This is shown in their investor documents. Meaning, at 6p per share, about 350M extra shares. I picked 6p as likely low value of company with 850T of tin concentrate by end of this year. So a huge dilution coming, from 550M shares to 900M minimum, maybe higher. But th production upshot will be 5000 tonnes of tin concentrate, giving a circa 150M minimum market cap, based on 20k per tonne and 16k of costs, 4K per ton profit. So, although a dilution coming the upside after that is potentially huge (as long as tin price stays above 20k). See my note below regarding the uses of tin in new technology. Say, 15/20p per share by end of 2020. (I am pulling all my previous calls down to bare minimum as I still think this is a 30p per share shout). Above said, Africa has little real tin supplies compared to rest of world therefore ATM will have a local market to supply as technology (including batteries) growth increases and personally I think the price of tin has a long way to go. As always DYOR