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Seems finance required the old CEO old out, so they found a replacement and will rns asap
Rumour has it there's a new director lined up? Anyone got any deets?
I think most people are hodling because they see the big picture. I'd bet the shorters are ****ting themselves, no wonder they're doubling down their efforts.
With bitcoin on the rise, texas, nasdaq and all the rest of it, I'd be worried if I were in their shoes.
All it takes is one word from Elon/Saylor or a big director's buy and this is going to fly.
Either way, it seems like a safe bet for a long term hold. I'm guessing nearly everyone in here believes bitcoin is going to be 150-300k by 2023. Who knows what the potential share price will be at that point with a profit margin of 81%.
The more I think about it, the more I want to hodl for 2.5+ years, and no amount of shorting is going to make me sell.
Pearls, there's a lot to refute there. Some of it will be easier to explain than others no doubt. I'm guessing it's not something that can be cobbled together on the back of a fag packet in 20 minutes.
I would hope/expect an RNS by close of play today though.
Nice of them to answer my question, didn't realise the meeting was going to be so brief, but at least I know where they stand now. So I'm not expecting any production deals to cross the line over the summer. Fair one, they can concentrate on what they've already got on their plate.
Ok thanks for that. If the $4 boe is all they get (although I would've expected a lot more) - then going simply by averages, we should be expecting around $104m (£73.5m). Plus the rebate. So yeah going off $4 boe, and based on averages alone, the share price should be around £1.74. I'm glad my sums are coming out to the same as yours.
At least I think I'm on the same page as you.
If however we're looking at $5 or $6 boe then the upside is significant with SP of £2.06 and £2.38 respectively.