Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Agree that must be one one big trade by a very confident person. Volumes are very low over the last few days so guess most are holding onto shares awaiting news. Fingers crossed we will hear by the end of Jan but big companies don’t always move fast from personal experience, so commercial agreement updates may be in Feb or March IMHO.
I purchased the following 488,000, 255,000 and 55,000 shares today. Sold some KOD and IAG that had done well in the hope of news within the next 5 weeks or so. Thanks
Let’s hope so as just bought another 800k shares! Hopefully news is imminent as I noticed even Jambone is know sharing my concerns aired late last year about lack of update! No digs at anyone as as we all need to stay positive just hope it is soon.
Agree a friend who has his own mining rigs moved to litecoin and alternatives to BTC in late late 2021 and made more money than BTC. Guess it maybe a way for QBT to generate revenue on their own as BTC mining rigs cost more money. As a theory
DS if there is no concept what is the point of all the updates? If nothing exists why would FG just not go dark?
I took todays news update either way; either no BTC deals pending or they reasoned they can diversify their software partners and increase revenue stream through licensing.
Totally understand nothing concrete yet which begs questions but any company that is not asking shareholders for funds and is in danger of closing down wouldn’t be so proactive as this. Plus why hire industry experts who will know if the technology has legs or not and would sign up to be associated with it?
Agree he has made some good calls and SP does go up and down so why try to blame people or seek answers when it drops - we don’t congratulate someone for calling it right when it rises!
In short we need an update for this share to move up and stay up otherwise it will fluctuate. Though it was nice to see it above 2p for a while.
Ironically I did spell your name correctly but autocorrect amended from fleccy to fleecy so don’t take incorrect spelling personally we all use pseudonyms.
Fleecy you may be right and you maybe wrong so what’s the point of this post given their business model has changed massively over the last few years so what can you compare with the past. In short there are believers/risk takers and cynics who won’t be swayed by ramping or trolling. I feel the next 2 months will prove if this gamble works out for those invested or it doesn’t. No hard feelings all round. Bitcoin maybe a gamble and who can blame those for cashing out as and when. No one stays locked into a share for the long term much nowadays we have dynamic portfolios due to dynamic market. Much as I love the chat on this bored and the enthusiasm as well as ignorance on what QBT May or May not achieve from newbies the RNS will dictate the SP and we just wait see what happens.
As an airline employee you can’t just take seats out from a cabin and replace to satisfy anticipated demand and remember business and first generate a great yield. The airlines have worked out their capacity for this summer and winter with available capacity on sale now and will revenue manage fare levels either on a yield or volume strategy depending on the market demand.
Thanks Suthy, have been a bit vague on total holdings with the family as this is definitely a ‘squeaky bum moment’ share on a weekly basis! The signs look good though and fingers crossed for as all 5p and beyond is round the corner.
11m @ 2.02 so North of 2p short term please for my nerves sake!
What people seem to forget here is that FG doesn’t benefit from us buying or selling shares as they are already issued, so whilst views on if it is a Ponzi scam may or may not be right FG won’t benefit unless he off loads his own shares to us or has an IPO. I agree a lot of speculation it to compare him with Berni Maidoff who had a different business model is daft.
I can see both sides here, from seasoned investors and new viewers and whilst I agree no product as yet is forthcoming and there is no revenue stream why would Qbt be putting a lot of effort in with share options, Ned appointments etc. from a commercial view we have all bought shares from existing investors so no new money is going into Qbt by us buying, so if it is an elaborate scam why haven’t they tapped us up for more revenue? A lot of companies don’t care too much about the share price so if it is a scam why produce a lot of updates surely just stay quiet? I am still 50:50 on this opportunity but given if it does do well with positive news it will rerate big time, I am happy to take the risk. Personally if bitcoin is all a virtual scam and a house of cards that will collapse it is unlikely to do so in the next 3 months after a very turbulent year so I’m happy to wait with my exit plan drawn up. I was chatting to a friend who buys rigs and mines the other day and he said said pretty much everyone who was going to sell bitcoin has sold and whilst it may drop to 12k usd he expects it to rise later in the year. So in summary we all take risks on investments and I can’t be bothered to justify to a stranger why I am as it has no bearing on my life at all.
Looks like China is able to produce microchips on their own that were previously only able to be designed and manufactured by the West. Article in todays Telegraph.
China cracks advanced chip design in blow to sanctions
Breakthrough by Huawei provokes Western fears that Beijing could develop new military capabilities
GARETH CORFIELD
CHINA has developed a microchip design method previously only mastered by the West, in a challenge that could undermine sanctions.
Patent filings reveal that Huawei has made advances in a crucial method of chip manufacture, raising the prospect that the company could start making some of the smallest and most powerful microchips by itself.
Such a development would allow Beijing to skirt Western sanctions. Washington, Brussels and London are all blocking access to advanced Western-made computer chips in China over fears that the Communist nation could develop new military capabilities beyond the power of Western armies to resist.
It comes as China faces pressure to revive its economy, after data out this weekend revealed a surge in cases of Covid-19 had pushed economic activity to its slowest pace since February 2020.
The reversal of Xi Jinping’s zero-Covid policy, and resulting outbreak of the virus in cities, has forced businesses to shut their doors, figures from the National Bureau of Statistics suggested.
China’s manufacturing purchasing managers index fell to 47 in December compared to 48 in November.
Huawei is one of the largest private companies in China.
Its patent filing for the microchip technology, made in November but only revealed to the world this month, describes a way of using ultraviolet light to etch a computer chip’s inner workings into a piece of silicon.
Using so-called extreme ultraviolet lithography (EUV) technology, transistors can be created that are just nanometres in size. The most powerful computer chips contain millions of transistors and advances in miniaturisation allow for the creation of hugely powerful chips.
The highly specialised technique had only been cracked by ASML, a Netherlands-based company.
A €208 billion (£184?billion) business, ASML’s chip-making secrets are jealously guarded by both the company and the West. Liesje Schreinemacher, the Dutch foreign trade minister, told the country’s parliament in November that ASML’s chip technology was a jewel in the country’s crown to be protected.
US trade sanctions imposed on China this summer specifically targeted EUV technology imports.
Dutch officials were leaned on by the US to refuse any export licences to China, according to Bloomberg.
News that local champion Huawei has found a way to develop the chips themselves is likely to spark alarm among Western officials.
Huawei did not respond to a request for comment.
EUV machines each cost between $150?million (£124?million) and $300?million and are about the size of a London bus. Factories typically need between nine and 18 machines, d
We just need to see some revenue generation from QBT then all will be happy. At present all is speculation, though the signs are good but it’s all about cash in the front door to appease shareholder confidence, not ‘he is good for it honest guv’ wording. Agree 5p share options in 3 months is great but from history this has slipped a bit in the past….
Not to mention if a competing software product comes out. No point delaying roll out a for that reason. Looks like no news due this year but fingers crossed for some cash generating update in early Q1 of 2023.
Lots of random chat on here today from people I’m not sure I recognise. Anyway I hope everyone is having a lovely festive break and I must say the news and updates recently appear to be positive so I will ignore my own self imposed deadlines and await positive news that must appear in Q1 23 with an open mind. Peace and positivity to all.
I’ve been awarded 10,000,000 options at 1.225 I just need to find about £123k to buy them today!!
RKB great idea and presumably all the rest of us who have supported FG buying shares at a much higher price than current over the last few years will also be rewarded for our patience in a similar way? In the interests of equality obviously! Happy for it to go to a shareholders vote! ??
The only options at present are cash out or have faith so let people choose - no loss to you either way as it’s not your money buying our shares!