Member Info for darientaylor

why would it. blu star have an investment in a payment company that has had to be bailed out with a $550,000 loan in steller lumens which is now $1.8 mill, and they have very litle revenue from their transaction business. just because the payment business is called satoshi.... really it doesnt mine any cryptos at all and is technically bankrupt...... so good luck to that...its not a crypto company...so it shouldnt go nuts... but some people will believe the garbage

blockchaink2 is an interface company not a miner... Vela holds 272,000 shares in k2 worth now 1.15 canadian dollars each worth a grand total of £180k , VELA market cap is £11 mill , so this is a very small constituant of Vela portfolio ie not quite 2%

Vela used to own share in a blockchain company , that company stopped mining when BTC dropped dramatically. So Vela does not mine or earn revenue from it they hold shares in a worthless company that builds an interface for crypto companies. dont get confused there is zero correlation between BTC and vela

I do see 10p on the near horizon thi and from there any cash raising should be a no brainer

boris, yes bonds due 2022 early doors however I tend to agree that the oil price recovery is good news. with al in costs of $18 per barrell and production at around 14k bopd they are raking in around £30 per barrel. or $40k oer day or $150 mill a year so they should be in a position to either renegotiate the bonds or with share price rising issue some equity which my be a bit of pain short term .. but may be worth it. its all about the $80million to properly develop lancaster tho on top of this $220 million they need to pay the bonds.....thats a $300 million cash issue

they now have the bonds to pay tho. and no money to pay them. so a massive dilution on the way. and I mean equity wipe out levels of debt conversion read the RNS... a snippet from the RNS.. total shareholder wipe out

It should be noted that there is a risk of dilution to existing shareholders from a possible restructuring and/or partial equitisation of the convertible bonds. Furthermore, if no agreement can be reached with the Company's stakeholders on additional investment, further development activity at Lancaster might not be possible. In such a scenario, Lancaster could continue to produce from existing wells before reaching the economic limit, the timing of which would depend on oil prices, actual production levels delivered and the level of cost savings achievable. The field may then be decommissioned, with potentially limited or no value returned to shareholders. Notwithstanding these risks, the Company will endeavour to secure the best possible outcome for all stakeholders.

Steve888 its not about what they think its about the drivel some people are promoting on here to induce some to buy. the crypto machines are nit working the machines they have are so old now they dont work at a profit and are not even in the country they should be .... to be clear just like OBC there is no crypto business here

signs of life

in auction and buyers queued up.... can see this much higher

why dont we auction it off. there is zero value attached to it in the current share price

sothabutt......if you are not invested why are yu posting. if you are invested why would you shoot your self in the foot and if you are shorting this then good luck you wont be eating this month buddy. This will e like Touchstone.... nothing happens for a year then 20 bagger in the following 2.. BUY, sit on it and be patient

so mining 100 per month at $50k per bitcoin is $5 million per month in revenue times 12 months is $60 million and say the margin is 75% ( way higher than present) thats $45 mill in the year.... costs are $30 mill so nett profit before ta is $15 mill or £11 mill at present market cap thats a P/E of around 30..... its make you mind up time. do you buy or do you take your profits, its all down to BTC price

depends if they announce the helium reserves under the coal

if you hold for 3 months you will lose it all.... this is worthless junk. well done those who have sucked in the stupid and made money hope you time your sell out before this crashes

3.05 bid.... 5 p today

hello.....

3p within an hour, if past 3.2p then 5 p will be on the cards. cant really tell after that. my target is 10p by end of February

Peter Wall must be kicking himself sold 1.4 mill at 29.5p... ooch..

Just confirms everything we know except the held inventory and the fact the contingent liability is now gone. at 10k bopd that brings in $183 mill per year.. so debts will be cleared and dividends will be forthcoming very soon. onwards and upwards. I expect 30p easily this year

have a look at HE1 and their licence area, its literally next to EDL....