Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
KR1 Plc - Unaudited Net Asset Value Update (March 2024)
PR Newswire
LONDON, United Kingdom, April 30
Tuesday, 30 April 2024
KR1 plc
(“KR1” or the “Company”)
Unaudited Net Asset Value Update
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 31 March 2024.
Net Asset Value
£234,219,996
Shares in issue
177,369,520
NAV per share
132.05p
GBP/USD rate (as at 31 March 2024)
1.2637
Income from digital assets (*)
£1,958,252 (*)
Top 10 assets/holdings:
Asset
GBP equivalent
% of portfolio
Celestia ("TIA")
£85,985,612.03
36.71%
Polkadot ("DOT")
£35,430,991.27
15.13%
Lido ("LDO")
£28,156,119.12
12.02%
Cosmos ("ATOM")
£16,979,420.29
7.25%
Lido Staked ETH ("stETH")
£15,358,507.11
6.56%
Astar ("ASTR")
£7,524,232.95
3.21%
Zee Prime II
£6,682,229.86
2.85%
Nexus Mutual ("NXM") (**)
£6,533,773.04
2.79%
Moonbeam ("GLMR")
£6,044,925.70
2.58%
Rocket Pool ("RPL")
£4,787,030.44
2.04%
(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain rewards for the relevant monthly period and excludes any other forms of income.
Well im in for a punt, picked up 1 mil, lets see what its worth come xmas.
Moneymaker, I think you mean 360k a year.
All the years gone by waiting for this moment of a 4p share price
is not far away, well done me!! patience is a vurchu.
Yes doubled from the end of Dec 23 Rns nav update.
SP Angel. Morning View.
Kavango Resources* (KAV LN) 0.7p, Mkt Cap £9m – Drilling at Hillside shows promising visual core
Kavango Resources provides an update on its exploration programmes at the Hillside Gold Project in Zimbabwe.
The Company is completing IP over four prospects over 16km lines.
The IP is intended to identify sulphide bodies relating to high-grade gold-bearing shear structures.
The Company has also completed four diamond core holes over 1,306m over the four prospects.
Core visuals are reportedly encouraging and assays are due following the granting of export permission.
The Company intends to complete a further 1,400m of diamond drilling relating to the current IP survey.
Management notes its confidence in the visual observation of the recent cores, encouraging them to carry on exploring Hillside.
Drilling is also being planned at the Nara Project, with a geological mapping exercise ongoing.
90 auger holes have been drilling at the Nara tailings dump, with these currently being modelled with a resource consultant.
Nara covers four historic underground mines, which produced at average grades of 9.8g/t.
*An SP Angel Analyst holds shares in Kavango
Took a few more so holding 250k of these and hoping to build to 1 million in the coming weeks.
So I have voted for all resolutions, with my 31 million shares
but do not really know if that is the correct choice, but can it get any worse time will tell.
ICP up 52% at mo, happy days are coming and I dont mean xmas.
Jp2000 I think your sums could be a little out, 300,000 oz of gold at say 1900 dollars is 570,000000 million.
Interim Report for the Half Year Ended 30 June 2023
KR1 plc (KR1:AQSE), a leading digital asset investment company,today announces
its half year results for the six months ended 30 June 2023 (HY23).
Financial Highlights
? Net assets of £90.7 million, +94% on HY22; +29.5% on FY22
? NAV per share of 51.12p as at 30 June 2023, +67.1% on HY22; +29.5% on
FY22
? Income from digital assets of £3.9 million, -76.4% on HY22
Investment Highlights
? Investment pipeline and access to projects remains strong
? Investment in Anoma, building a next generation blockchain with an
intent-centric architecture
? Investment in Hydra Ventures, a newly launched investment Decentralised
Autonomous Organisation ("DAO")
? Further investments in Code & State, a Web3 venture studio, and others
Strategic Highlights
? Continuously strong staking activities through Polkadot, Cosmos,
Moonbeam and others
? Recent addition of Ethereum as a staked asset to the Company's staking
strategy
? Lido, a major portfolio projects, remains market share leader for
Ethereum staking (with Rocket Pool, another portfolio project competing)
? Polkadot, a major portfolio project, unveiled its plans for a future
Polkadot version 2.0 to accelerate its potential for many developers
? Cosmos, another major portfolio project, releasing `Mesh Security' to
increase the economic security of Cosmos ecosystem chains while allowing them to
retain complete sovereignty
Markets Outlook
? The upcoming mainnet launch for Celestia (formerly LazyLedger) is very
promising for the KR1 portfolio, continuing to build a high-quality, diversified
portfolio of innovative digital assets
? Bitcoin halving narrative starting to form again while numerous Bitcoin
spot ETF applications were filed by Wall Street heavyweights such as Blackrock,
suggesting potential for significant institutional adoption of the asset class.
George McDonaugh and Keld van Schreven, Managing Directors of KR1 plc,
commented:
"With some positive market momentum as well as major new investments that were
announced since the year end, the Company's net assets have grown substantially
to £90.7 million at the end of June, providing shareholders with capital growth,
which remains our main long-term focus. The year-on-year decline in income from
digital assets, driven by various factors, including stagnant prices over the
relevant period, was expected, while still being of great benefit to the
Company. A major event coming up for the Company will be the launch of Celestia
(formerly LazyLedger). The outlook is promising, as we continue strengthening
our organisation, keep building a high quality `long-only' portfolio of
innovative digital assets and monitor interesting developments in the wider
digital asset m
KR1 PLC
("KR1" or the "Company")
Investment: Code & State
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce that the Company has invested a total of US$500,000 into Code and
State (Cayman) Ltd. ("Code & State") through a 'Simple Agreement for Future
Equity' ("SAFE").
Code & State is a Web3 venture studio empowering the next generation of
entrepreneurs to build and earn on the Internet Computer (formerly Dfinity).
The Internet Computer is a blockchain that enables secure, autonomous, and
tamper-proof canisters, which represent an evolution of smart contracts. Code &
State incubates and helps fund the building of new tools, systems and
frameworks on the Internet Computer.
Keld van Schreven, Managing Director and Co-Founder of KR1, commented:
"We have been very impressed with Cédric Waldburger and Artia Moghbel, the
co-founders of Code & State and are keen to help support them on their mission
to kickstart the Internet Computer's developer ecosystem."
I have 1 million
Rocketpool make that 20% up and this is Kr1 4th largest holding.
Rockerpool going great guns as I type , 15% up.
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce its unaudited net asset value ("NAV") as at 28 February 2023.
Net Asset Value £120,999,536
Shares in issue 177,369,520
NAV per share 68.22p
USD/GBP rate (as at 28 February $1.2032
2023)
Income from digital assets (*) £677,050 (*)
Top 10 assets/holdings
Asset GBP equivalent % of portfolio
Lido ("LDO") £34,028,672 28.12%
Polkadot ("DOT") £21,274,941 17.58%
Cosmos ("ATOM") £14,455,929 11.95%
Rocket Pool ("RPL") £8,284,412 6.85%
Zee Prime II £5,629,254 4.65%
Lido Staked ETH ("stETH") £5,355,923 4.43%
Moonbeam ("GLMR") £4,999,786 4.13%
Astar ("ASTR") £3,535,437 2.92%
Nexus Mutual ("NXM") (**) £2,065,290 1.71%
Automata ("ATA") £1,855,509 1.53%
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce that the Company has invested a total of US$500,000 into Hydra
Ventures (Cayman), LLC ("Hydra Ventures" or "HYDRA") in return for 5,000 HYDRA
tokens.
Gold touching 2k dollars again, wow this is gonna help that bottom line.
mac19, that would mean you got close to 35 million shares if my maths is correct.
Iido flying so not sure why this would be down.