Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I do take issue with idiots spreading outright lies, it deters others from buying or scares them into selling. If you think boards such as these have no influence, frankly not sure why you have an account in the first place.
Things like Gamestop wouldnt have happened without such forums, we are happy to admit there is influence in such circumstances (bull or bear) but not on all shares? Nonsense, there are also co-ordinated shorting groups as well as co-ordinated trading longs that regularly infest these boards so stop being naive.
MASSIVE POTENTIAL. REPOSTING AS LOSERS CLOGGING THE BOARD, also for newbs, and why this is just starting to re-rate. A bit of consolidation is normal.
70-80% Profit is pretty standard for SaaS. Most of the cost of SaaS companies that have lower profits is because they have huge operational costs around people, offices etc. Nothing we have to worry about.
And remember companies that are profitable in SaaS are getting a multiple of 15-20x, I only used 8x in my calcs.
SaaS Software is usually 70-80% profit, I know because I work in the field. I'll use 70% for calcs for 2022 figures in the sharetalk segment
Very conservative valuations
5% commission = $112.9m = x0.7 x 8 = $632m = £505m mcap = 43.6p
10% commission = $225.8m = x0.7 x 8 = $1264m = £1010m mcap = 87.2p
15% commission = $338.7m = x0.7 x 8 = $1892m = £1515m mcap = 130.8p
Profitable SaaS companies are trading at 15-20x multiples. So using 8 is very conservative.
Also adding JAMBONE's summary
2.5 years ago QBT set out to provide the goal of fastest BTC miner in the world, There are 3 stages to the business plan, short, medium, long
Short
to develop software (we have, it’s ready for miners to trial) that will speed up mining to offer a solution to miners for the upcoming halving and help them with capex by using our software instead of having to outlay on new machines. The last update we had software was to be 2.6x faster (160 %) on the same machine with our software/firmware installed, miners can now trial this before purchase, this is why we are rising in SP as gone from R&D to sellable product, a huge achievement.
Deals to be Announced in due course with miners
Medium
We are developing our own chips for mining rigs, so far we have picked up efficiency’s by precomputing the start of next block to be mined, saving time and energy and again giving us an edge, the info on this is on the company website, doesn’t show here as LSE and previous newswire missed loads of updates out, so check the news feed on company website, making you do your own research 🧐 btw one of our NEDs has massive constant around Asia for chip manufacturers 😉
Long
Quantum computing, we have developed a product for this already and been helped by Dr Love Grover, he is famous and has his own Wikipedia page! We are ready for this but waiting for a quantum computer big enough to run on, FG said we will be keeping the golden goose for ourselves, it will be the end for all other miners he said, with 100’s of billions of BTC left to mine then where is out share price going to go? ££
All staff, world class scientists (FG words), cryptography expert, NEDs, FG, Vlad the marketing expert, Dr Grover etc all being paid in options at 5p and 10p, they will want to make a profit on those!
The world unfortunately is just a cesspit for too many liars, and treacherous people, from Mainstream Media, to Politicians to derampers on this board, little integrity and just satanic, morally void characters trying to profit off lying constantly. Really sad and pathetic!
Again idiots talking about patents need their heads checked and to do some research.
This is Software - it is code, and you can't patent code per se, you can patent the application of it but again its not always needed, it'd be like trying to patent free speech.
A lot of software is Open Source, many companies commercialising Open Source software sell billions of dollars of it every year single year. Red Hat, MongoDB, Confluent, Elastic ALL public companies.
Any innovative company creating a new market usually owns 70-80% of that market, Salesforce with CRM, Oracle with Databases, Amazon Cloud infrastructure, their are loads of examples. QBT are first to market and will monetise this very very soon!
100% is. Reality is ANY BH agreement is terrible for PI's. In future, any share I am involved with that has this arrangement, I'll be straight out. Its basically a free for all for the BH's in cahoots with their financial mates, to maximise their returns, in every scenario, and they have the inside track as well, so long, short, doesnt matter, just rip the 4r53 out of it.
Agree ART, issue really is the randomness of SEC Capital, and the lack of real credibility. I hope another offer comes in the 18p+ range, they'll surely have to put it to shareholders.