Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If there is any stock to be sold the proceeds will get swallowed up by the Liquidators fees so I can’t see anything coming back I’m afraid.
https://www.fxstreet.com/cryptocurrencies/news/digital-pound-could-co-exist-with-private-stablecoins-uk-central-bank-202302080737?utm_source=telegram&utm_medium=channel&utm_campaign=-1001235679526&utm_source=link_button&utm_medium=internal
This is positive - consultation paper from BoE and Treasury that intimates a CBDC could co-exist with private stablecoins. I know this subject has been touched upon before. A CBDC or digital pound looks like at least 2 years away if progressing.
Lots to digest but on first read this is a really positive update. Still some way to go but the potential is enormous
https://www.ledgerinsights.com/uk-treasury-dlt-stablecoin-crypto-asset-regulatory-agenda/
https://fxstreet.page.link/6hc2pXGepXXp6EBK9
Positive sentiment from today’s hearing.
Times are different. High inflation and high(er) interest rates. I am invested for the long haul but don’t believe we shall see significant SP growth now until the business is generating profits/cash flow. But I’m ok with that.
Been watching Bloomberg. Reporting Scott Burg of Deer Park has taken out a huge short on Tesla Inc. with a view to “squashing them like a bug”. I’m not one to wish Ill of anyone usually but I hope Burg’s bet pays off - lives continue to be put unnecessarily at risk.
Terry I remember last year when the collaboration with ERoad was first announced a series of presentations by ERoad were taking place across various parts of north and western America. Be good to see some tangible benefit coming through from that huge market this year.
Thanks for digging that back out from the prospectus Jiffy. Like you say I not entirely sure but think the transactions will be backed with actual cash rather than some algorithmic stablecoin that if I am reading it correctly seems to be the issue with Tether?
Genuine question. With the stablecoin Tether losing its 1-1 peg last week, is the GST model built in the same way e.g. Coal 1-1 with USD. Pound, Euro and Yuan and therefore vulnerable to a similar situation?
I guess the only people who really know will be the Board but it would be good to get an RNS to allay such fears.