Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Maybe people will understand more in the everyday context.
1) Buy a house with a mortgage (a loan staked against the house) .
2) If the house goes up - you pay off your mortgage keeping the house as a gain.
3) If the house price dies, then you default on the mortgage (keep the money, get rid of the house).
Is this what we're talking about here?
Note - you have to imagine that you owned the house to start with, in the same way you own BTC to start with.... It's not like buying a house with a mortgage when you don't have the funds to cover it....
Watch the last presentation, where budd talks about how cash flow is covered if big orders come in. Basically, cytiva invoice gdr for production and ship direct to gdr's client, gdr invoices client, cytiva waits until gdr is paid, then cytiva gets paid. So gdr dont have to cover production costs upfront when these big orders come in
UK trade info is available here.
https://www.uktradeinfo.com/traders/genedrive-diagnostics-ltd-22612?senderQueryString=q%3Dgenedrive%26t%3DTraders%253a%253aname
The Feb data released on April 12th shows GDR exported 4 things.
1) Cultures of micro-organisms (excl. yeasts)
2) Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on a backing, and certified reference materials (excl. compound diagnostic reagents designed to be administered to the patient, blood-grouping reagents, animal blood prepared for therapeutic, prophylactic or diagnostic uses and vaccines, toxins, cultures of micro-organisms and similar products
3) Non-optical instruments, appliances and machines for measuring or checking, n.e.s. in Ch 90
4) Parts and accessories for machines, appliances, instruments or other apparatus in Ch 90, n.e.s.
Interestingly, the top one is new - not exported before. I think all the others have repeat entries stretching back before last year (so nothing new).
@BeastofBodmin - how do you describe the running of the UK? Or Scandinavian countries. Imo the American "hard left" is just struggling to figure out blatant racism and are not exactly hard left. (It's just that the US right is plain dangerous).
As far as I can be bothered to read, all proposed changes keep the US well BEHIND Europe in terms of social reform. Good work on climate today tho.
L221, tbh I'm not an expert. However, the potential revenues of an LFT based venture doesn't necessitate huge values of capital as initial investment. E.g, it's not like real mining, where you need billions up front. If you need billions upfront, then the initial mcap (large) is very difficult to multiply up. I think part of the reason this has gone up a bit (to a point where you don't see value, fair enough) is that it's relatively easy to multiply 10M by 10, by going from zero future priced in, to going towards an NFT crypto future priced in. So the initial tiny Cap investment is by it's nature higher risk, but the reward could easily be 10x, just on initial direction and people buying into that future. Hope that makes some sense.
The other answer to this question is to take your favourite reference miner, say Arb. Now plot Hash against MCap over the ARB journey. I doubt very much you get a straight line, so your assumption of a linear relationship passing through 0,0 isn't real. Put another way, I'm not stupid; I gave it better thought than you did.
Arb was dual listed on the 4th of January at a price of 47p. On the 7th of Jan it was 125p. 3 weeks before the 4th of Jan, it was about 10p. So while it's MCAP that matters really, and the companies are not the same - I think there is a possibility that the optimism is about the empirical 10 bags Arb achieved from 3 weeks prior to 3 days after dual listing, and not the arbitrary comparison you make today. If that happens again, I'll be out within 4 weeks from now :)
Doing anything useful with actual Quantum computing is decades away. Don't be fooled by the name- it's not quantum computing. Ps. I can't fly.