Member Info for avocet123

I think we need to accept patience is required. This isn't going to make us rich over night. Good things take time.

And most importantly, don't sell out too early.

Sure, when the resource is proved up in a few years it could be much more. Until then someone could come in with a low ball offer, and the bod might take it....

There could still be a buy out on the speculation that it is commercially viable, and simply to stop a rival from getting in there first.

But it would not be for 100's of millions.

What would the Bod be happy with? What would shareholders be happy with?

Is £20 million small change for a tier 1 miner?

I guess the Bod would vote to approve the sale of the asset for say £20million, as this would be 4x the current Mcap.

I would not be happy with this, but a profit is a profit.

Understandably taking a bit of a hit today after the crypto flash crash.

But looks like crypto is already recovering and Solana wont be long before it hit $300 dollars and then some. Alt season is coming.

Its a placing and dilution, but its also a big vote of confidence.

Its a placing with a healthcare provider, so one entity that has put £4m into OBI.

HCA will be doing this for a return. I have decided not to sell on the back of this, because HCA will have done their research.

Looks like its going down now?

Better still, ctai was able to borrow the cash when a raise would have been easier. Thats the crux of it and its a big vote of confidence in ctai

Don't forget no one would have loaned ctai the money if they were not certain it would be repaid.

Yes savage you were also warning all the way up to 570p. So your warnings are not worth much, but even a broken clock is right twice a day

newuncle, i was just ****ed off that i missed the boat on scgl. its still a bull**** company none the less. unlike ctai.

Given the tiny MCap in my opinion this is currently one of the AIM shares with the greatest potential.

Dont forget, SCGL did 100x plus from similar levels.

NC, I really give up with you.

How can a company with no business generate £125k revenues?

You are talking nonsense.

NC, you have been really discredited already by all the incorrect information you have posted here, so I dont think your posts are worth paying any attention to.

£125k turnover at a PE of say 20x (tech company) should be MCAP of £2.5 million.

250% upside just on that. without adding anything for being in the AI sector.

Was nearly breaking even in June 2024, so could be well profitable now.

Wrong NC, you are looking at 2023.

£125k ending 30th of June 2024.

Here for you to make it easier still

https://www.catenaiplc.com/investors/financial-reports

"What revenue does ctai have?"

I thought you said you read the RNS's? ITS ALL THERE. Go on the website and read the reports in the investor section. You have done zero research on this.

SCGL did 100x on the same basis, without revenues and huge debt. No reason why this should'nt as the proposition is 10 times better.

The markets are mad right now.

Theanalyzer

Then go and invest in MFAI, since you prefer it. I have a small holding in MFAI myself, but its CTAI thats mooning so...I prefer the one thats making more money.

" 30% efficiency improvement on Bitcoin mining"

Unproven claim. Same as last year, and the year before that.