Member Info for BigDave13

Expecting an RNS on Monday, hopefully outlining near term plans including subnet update as mentioned and the proposed deployment of £10m.

Interesting observation re Ltd, further info in the recent Plc accts, note 10.

Thanks for the link, great strategy, looking good.

Built for Bitcoin.

Structured for Institutions.

My bad! As per @Womo, Insti could add min 500m, not 50m.

The £2m funding is a loan & will likely be exercised at maturity end of 2026. The 100m shares will eventually hit, just not near term. The insti raise for £10m+ could add 50m -100m in Sept. As for the NA mining facility, that is the query for me now. Equity or some sort of non dilutive JV? Once BMV has the £2m + £10m+, do they actually require any further direct funding or just utilise off balance sheet structures. Got a couple of smart guys on the team now to sort this stuff out. Going to be a fun few weeks with several announcements due that will set the course for the company to move forwards..

The prospectus is to raise £10m+, I assume that is a normal capital raise with associated dilution with funds used to kick off the treasury portfolio. Based on the comment “without owning or operating the mine”, could there be a secondary deal whereby an outside investor commits their own funds to buy the site and build the facility? A commercial client is then brought onboard to own, operate and maintain the machines. No more capital raises required, clean balance sheet and BMV takes a management fee for structuring the deal? This approach would align with the Philippines and BTC machine capital light deals recently announced.

To understand what the US Mining Project may involve, worth a read of what Sath has already created. Maybe the £10m+ will be used to build out a large scale mining hub, powered by clean energy as a service and paid for in btc? Proven track record in delivery of large scale projects, this is only going one way & a lot sooner than the market anticipates.

https://www.bec.uk/

Wow +71.43%

https://www.tradingview.com/symbols/OTC-BMVLF/?timeframe=5D

An interesting one!

Resolution 5 - Share Buybacks

This special resolution seeks to authorise the Directors to acquire the Company's own shares in accordance with the BVI Business Companies Act (revised 2020) and to either cancel or hold them in treasury.

Waiting for 01 Sep.

Any thoughts on what price next raise may be at? I expect they would prefer more than 10p but can the SP hit that without more news?

All done, let's go!

https://www.lse.co.uk/rns/CLAI/result-of-general-meeting-zib45evhdielfqq.html

US 2.30pm

The Company has been approved for its shares to list on the OTCQB market effective 20 August 2025 under the ticker symbol BMVLF

All eyes on US open - 6 hour countdown.

I think initial raise will be in excess of £10m at min of 2p or even higher if SP motors before end of Sept!.

@2pm, hopefully all resolutions passed to allow the start of the next exciting phase here. Too cheap at these levels.

Great find. Lists the >5% SHs incl Marallo Pte Ltd (controlled by Michael Edwards) which confirms that ownership point.

Need to consider level of dilution and potential impact on SP. Sath is in for 100m if he converts. I expect share count rising well in excess of 1bn, maybe 1.5bn. All good if at increased SP and raises the funds required to execute the plan.

COIN also has a number of other investments, outlined in recent accounts together with Yellow.

Cookie didn't sell. The TR1 is due to dilution from the recent Placing. He actually took more shares in the placing but overall his % declined, refer RNS 15 Jul. JM should issue a TR1 as well to confirm new %.