Member Info for BobsSocks

Given he spoke about hours in the previous one will there be anything new in this one?

"C'mon Bob, have you never heard of NDAs?"

Bit of a double edged sword those if they stop you announcing good news. Then again I suppose they might stop clients and partners reporting bad news.

As I have always maintained any link between the price of BTC and QBT is, or was, driven by MM/Punter reaction to the price of BTC. BTC rises, the MM's pump the price, the punters pile in then it all runs out of steam and the price falls back.

That seems to have changed recently. Rises in BTC are not driving QBT up. In fact it would seem that the opposite is occurring. The only drivers for that sort of behaviour that I can see are the effective news blackout from the company itself, general news indicating that miners are investing in newer hardware and perhaps a general loss of faith in the company due to its inability to deliver on its poorly worded fantasies.

Naturally I expect that some poster(s) will now quote extensively from 3 month old videos and 1 year old RNS's but basically old claims that are not happening do not cut the mustard. Also, don't forget that you are No Boxed™.

Seriously. Going all shouty shouty because you chose to misquote the RNS and faceplanted yourself does not change things.

"The RNS clearly stats that 4.7% was achieved via reverse circulation..."

https://www.londonstockexchange.com/news-article/HE1/itumbula-west-1-well-flows-helium-4-7-to-surface/16317286

"high concentrations of helium began to flow to surface following reverse circulation and yielded a compositional mix up to 4.7% helium"

That would be following reverse circulation but let's ignore that one because it does not suit your purpose whatever that might be.

OK. Try it in glass half full mode.

As a result of running the plant without a fully operational reagent dosing system (missing measurement bits) an estimate has been made as to what might be achieved based on what it was actually dosed with. We got 4% but we were down 50% on reagents so it looks like we'll get 8% but just in case we'll call it 6%. I would expect, or at least hope, that they would underestimate. Of course 6.1% sounds overly precise so that might blow up that idea.

A few more pipes and sensors to get the pH right through the process and job's a good one. I think the frustration part of it is forehead "How did we miss that?" slapping. If ROM refers to unsorted ore then this is ready to rumble.

Of course I do have some pennies invested her so you might think I am having a ramp however I am just concerned that those with less technicals than myself, not that I am all that, are rubbishing the fact that essentially this thing is going work.

Have a few days patience.

"Most important is that instrumentation related to pH measurement does not cover all plant components that need to be monitored and the reagent dosing system is unable to adjust pH to design specifications."

This sounds like a biggy, I am half a chemist, but...

"Premier is however encouraged that initial spot analysis by Zulu's internal laboratory on the material transferred to the spodumene flotation plant has indicated a concentrate of 6.1% Li2O is potentially achievable from current ROM ore."

Potentially achievable with or without the pH adjustments and also what is ROM. Yes I know that is Run of Mine but is it the good stuff that they have stockpiled and possibly presorted or is it the stuff that they will be using once that has run out?

That'll need some deciphering but it looks reasonable,

Not wishing to grumble about someone on the internet being wrong but the article repeatedly states that Helium is an energy source. It isn't.

"Yes with current shares in issue 20p is very conservative, its only £11m MC for a £1 sp "

Someone on ADVFN, with a reputation for winding others up with their negative commentary suggests,

"However to do an RTO on the Standard List they require an investment of at least £30 million."

Would that be right and how would it affect your sums or thinking?

TIA

It's all rather surreal given BTC is sitting at $63K and apparently on the way up. Still. News tomorrow ay?

Life will be soo much better not having to read about your Green Boxes. In fact when you announce that you have seen another Green Box I will not see the Green Box that you created in order to waste my time.

ToodlePip.

Only having to read people telling Jambone why they are wrong. Added bonus is that web pages load 50% faster because I am not downloading the wrong. :-)

I was expecting early morning carnage. However the SP seems to be holding. Trust me. I know nothing.

Not only have I filtered it but I have used uBlock-Origin to ensure that I don't even see any green boxes.

For an after hours RNS.

INFUSION 2012 LIMITED

https://find-and-update.company-information.service.gov.uk/company/07927542/filing-history

28 Feb 2024 Total exemption full accounts made up to 31 January 2023

ATM LOTTERY CORPORATION LIMITED

https://find-and-update.company-information.service.gov.uk/company/05012433/filing-history

28 Feb 2024 Total exemption full accounts made up to 31 January 2023

...and it is not Helium.

"Riot will only make 78m a year from buying these new machines."

I believe I may have expressed a similar sentiment and I am glad to see you are now on QBT's side in this.

Fancy buying a thing that only gives an ROI after the first year when you could have waited for QBT to finish their testing sometime whenever but soon. Remarkably silly.

It is quite obvious to anyone with a modicum of sense that Riot have done this to collapse QBT's SP either to buy in lower or close their short.

Whilst it has taken you some time to realise the error of your ways I am pleased to see you have been persuaded by the robust arguments given by other stout yeomen of the board.

Welcome aboard and keep an eye out for any new contributors who are likely to be Multi-ID Riot employees who used to work for QBT. We know their games ;-)