Member Info for CLSKBull

The issue is that many investors think they are getting a monthly update, and if they come in and say they poured 1000oz but the RNS is two months since the last update then is that really a 1000oz pour? Clearly not. I'm leaving things as is, but the company should be doing better on comms if it wants to attract investment.

Yes I would think so. Could potentially be great timing as the market is heating up and alts moving a bit. Let's hope there's no delay but things are looking up!

I've seen it several times across companies that after a hard share price rise a placing comes and kills sentiment. What BFD says makes complete sense to me, and I assume they forward sell somehow and assume the broker approaches the company. It is not a level playing field and we see unfairness in the system time and time again. Seems no appetite for regulators to do anything.

Yeah it has not been pumped, 10% moves are entirely normal for this share and you're over analysing. It was not pumped for the raise last time, it was more the company took advantage of the pump (which killed momentum). They can arrange these very quickly - and are always annoying!

No that's not right Kat, there are 3 different NASDAQ listing tiers each with different requirements (each has 4 different Standards, you just need to meet one of these 4 standards.

Think they would go on the "Nasdaq Capital Market" level (or possibly "Nasdaq Global Market").

https://listingcenter.nasdaq.com/Assets/Initialguide.pdf

The OTC listing is such an asset here and will help drive this, especially when James starts posting about it when things get hot. Treasury companies all the rage this cycle.

https://www.otcmarkets.com/stock/CINGF/quote

https://x.com/btcjvs/status/1920442473093963834

Oh wow that's so low. I've checked and as some were in my wife's account I was just under 3% for myself so it's all ok but will keep that in mind going forward.

Nice one HC - feels primed and a good entry price.

Not on my radar at all, I thought 7.5% was the threshold?

Just shy of 5mil, so around a 16% trim. Just looks big as there's no volume here.

Sorry guys it was me - had to rebalance a little bit as I was overweight here, still got 25mil of these - but with bitcoin on the move I wanted a bit more exposure on that side.

Nothing has changed, this company is still stupidly undervalued, The good news is my timing is often terrible so they'll probably release news tomorrow.

I've stopped selling now and will let the rest run.

I'll have whatever you're smoking Simon, must be good stuff.

Kat, fundamentals are very important, but clearly the company doesn't want to update until they've got something to say. Good or bad we don't know until the update comes, but have a look at the general markets and see what is happening, I feel we're pre-run now.

They make a massive difference. BTC is thinking about a new ATH this week, and alts have made decent moves. Whether they sustain we'll see, but fomo is real and we will see it here at some point. Combined with a decent update this goes back to 3p+ easily.

Strange viewpoint. I'm looking to get back in asap but just awaiting my other play to do something first. Maybe you're not aware that bitcoin and alts have started making moves?

Feel this goes soon and there's a good chance I'll miss the move but can't get them all.

How is the balance sheet strengthened if the cash went down?

"As at 31 December 2024, the Company had $8.6 million of cash, compared to $7.4 million at 31 December 2023. As at 31 March 2025, the Company had a cash balance of $2.4 million."

They sold some machines after that to bump it up $2mil, but overall it was down, that's weakening, not strengthening. Also they've gone from 2.7 down to 1.7 EH (not all online). They mined 13 bitcoin in April. But they bled 2 mil a month from their cash pile. Their cost to mine is higher now also. I'm all for positivity but let's not pretend this is something other than a disaster.

The hope for investors (gamblers) here is that bitcoin carries on and the market gets silly - but that's nothing to do with the company strengthening.

The amount of money this company has raised and subsequently lost is staggering. It would put a lottery winner to shame. Still no apology from Peter Wall - clearly it will never come - wonder how his new venture is doing.

30 July 2018 - £26.8 million (iniital IPO)

18 January 2021 - £22.4 million

8 Mar 2021 - £26.8 million

27 Sep 2021 - $127 mil nasdaq ipo

Nov 8 2021 - $40.0 million senior notes

19 July 2023 - £5.75 million placing

8 Jan 2024 - £7.8 million placing

30 July 2024 - £6.5 Million placing

2nd Dec 2024 - £4.2mil placing

Yes, but if they push BTC up with their buying then the miners will move again. I worry that some of the treasury companies are a house of cards, but who cares for now - love today's BTC price action. ATH coming soon?

DS if you think for a second that BSV/BCH/Monero etc wouldn't be subject to the same issues if they became the chosen one then you're only fooling yourself. Saylor a spook, I've heard it all now.

Great to see BTC at 97 today - round 2 incoming I can feel it.

The general public has lost interest in crypto as evidenced by coinbase app being consistently low in the app download charts. Wall street is holding bitcoin up (but clearly manipulating price), but otherwise Joe public simply doesn't care. The revolution has fizzled. Ironically the fiat Ponzi gets worse.

Look at the facts - BCH - failed to get 50% ATH. BSV, even worse. Neither are going to make it.

Has Bitcoin strayed from the original vision and got corrupted by Wall Street - yes - but that would be true of any of the others had they been the leader including your favourites - it is the way of the world.