Member Info for ART123

No, there are 4,400 million shares in issue. The m/cap is just over £6M.

They still haven't found the silver yet. That was the original mine here and the old-timers used to scoop it out by the bucket load.

Gotta follow TAO Alpha and set up a Bitcoin Treasure Reserve Strategy surely.

I reckon there's a good chance Silverking may just turn out to be that elusive massive prospect. CooperLemon talking to the Roasties last year reckoned this was potentially 10 million tons at 5% Cu. That's huge.

There's plenty going on - despite the lack of updates from the boss.

Main Body:

5.99% Cu over 24.1m

4.09% Cu over 10.1m

Results pending on a further 8 drill holes

New Discovery: SKIDD018 intersected mineralisation at a shallow depth indicating the presence a new mineralised body oriented sub-parallel to the Main Body.

Kopje Prospect

The Kopje Prospect located south of the Main Body and forms a 200m diameter steep dolomitic hill. Sulphide mineralisation has been identified at the base of the hill. Multiple structures have been identified all intersecting on the hill. The most pronounced structure is oriented north - south and extends for more than 1km in length and represents a target of note.

Worm Prospect

The Worm Prospect is a sinuous structure extending along the entire length of the western boundary of the Silverking Licence for more than 2km. It has been suggested that the feature is part of the governing regional structure upon which the Kitumba mine (27.9Mt @ 2.2% Cu) located a few kilometres to the south of Silverking was formed.

See if the Roasties can get an interview out of the old codger this time. That may help the ailing share price.

Colin Bird, Executive Chairman of Xtract, commented: "The success of recent exploration and the innovative addition of the ground VTEM survey capability has shown that Silverking may be more than a small-scale mining opportunity. We have carefully considered our plans and have elected to complete more thorough and detailed exploration over the Licence before commencing mining. We will keep shareholders up to date with pending assay results and any further successes with ongoing exploration".

Just forget about the small-scale mining and let's see what we have really got here.

"Kitumba mine (27.9Mt @ 2.2% Cu) located a few kilometres to the south of Silverking". About what we have here, I reckon - at least when Colin Bird gives up on his plan to set up his small-scale mining opportunity.

Borehole SKIDD010: 5.99% Cu, 40.22g/t Ag over 24.1m from 111.0m.

· Borehole SKIDD012: 4.09% Cu, 15.49g/t Ag over 10.1m from 88.9m.

Very good grades. If this was Sam Garrett at GSCU he would be screaming out about how exceptional these grades are. More to come - lots more.............

The WRAP retail offer for £1M was so oversubscribed that it was upped to £3.029M, plus an additional direct subscription for £550K took the total raise to £3.579 million. That is great success.

Oh and about £90,000 worth of trades today have taken the share price down by 8%, which is a bit silly and not a reflection on the success of the fundraise.

Cheers

What time is the XSpaces presentation? Does anyone have a link??

Meanwhile, SWC's m/cap has moved over £500M today - half a billion!!!!! The maths is: 220 million shares at £2.45 = £539M.

There's no point in selling as they could drop another BTC purchase RNS anytime, and for a much higher amount than today's purchase. Of the £4.75 million (before costs) they have raised to buy Bitcoin, they have only used £2 million so far.

It was 14 being paid and now it's 15p being paid.

Andywise

That is the SWC share price. That isn't 49p anymore. As of today, it's £2.25p. COIN are following SWC (albeit a tad slowly).

Imagine where the share price would be if they had bought another 25 or 30 bitcoins already!!!

Well, they have plenty of funds available to buy more. Looking at the price they bought at, it looks as if they were waiting for the BTC price to come down a bit. The only problem with doing it that way round ie. watching the BTC price, is that today BTC is back up by nearly 2%.

At least they are doing better than CYK and Cel AI who haven't bought any yet. Maybe they will say more during the presentation. They have enough cash to buy up to about another 40 bitcoin.

They actually raised £3.25m as there was a £750K WRAP offer on top of the £2.5m placing.

With SWC it doesn't even seem to be so much about how much is being raised, what really counts is getting the placing price bumped up as much as possible each time. SWC's placings have gone: 2.5p; 16p; 27p; 49p; 81p and now £1.80. Just ferocious increases each time.