Member Info for ICB888

17 trades in the first 3 hours of trading for a volume of 638000 all Buys with the most recent at 14.5p except for one sell of 8000 shares. 437500 was a large buy trade. I think we need some sellers to fuel a rise but who is going to sell at this point. We need to rise 100% just to get to our 1 year high of 28p and clearly we are in a much better place now than we were when we were at 28p. More positive news from Vortex this week and this should start to rerate.

From Total Markets article:

“ SatoshiPay’s Vortex platform is flexible, designed to allow users to move seamlessly between fiat currencies and stablecoin. Vortex is now available in all 44 European countries, but is currently mainly used to support users in Brazil. New jurisdictions will be added once it has fully proven itself in the Brazilian market with volumes reaching a critical mass of $10m per month”

So $10 million per month is considered to be critical mass. On Friday daily volume had risen above $500000 per day which means if this is sustained $10million per month will be achieved in the next 20 days.

Just announced that Hasina is guilty of crimes against humanity.

Charles Archer said the Sale price would be ABOVE the record high which he recalled as £1.50 so he did not say the sale price would be around £1.50. He did not put a sale price figure and one would expect the sale price to be considerably higher. The analyst just before Druckenmiller bought had a $3 valuation on Pilot Mountain alone, that converts to £2.28. It doesn’t include any value for Tempuite which is likely to be more valuable than Pilot Mountain. Nothing for Pilot Mountain North and nothing for all the other assets gold, copper garnet etc.

Charles Archer said Oliver was seeking “ a good exit for all investors” and in my opinion it would need to be well above £1.50 to satisfy that criteria.

The Ask has moved up to 14p and a trade at 13.875p which is the highest price paid so far today. Trading has really slowed down with only 10 trades since 1pm. I suspect the MM need some sells to fuel a rise but no one’s selling.

Volume so far today is 1.53 million from 73 trades with just 4 sell trades totalling 50590. On these numbers one would expect this to move up before the close.

What is the name of the new telegram group as I can only find the old one Blue Star Capital. Thanks

Today’s 1400000 volume is many multiples of the volume we have seen since the 2 million volume on the 24th September ,when there was a Satoshipay Update RNS. So if they decide to RNS the Vortex news from today and yesterday we may see big volume again tomorrow. Even without an RNS people should be able to appreciate the significance of how quickly Vortex is ramping up now the new partners are on board. I think this is about to get exciting and as long term holders will remember BLU can move very quickly. As Meinhard Benn swapped Satoshipay Shares for BLU shares at 20p, I am expecting a rapid return to 20p as interest returns to BLU.

Let’s just go back to an RNS in June:

“ Blue Star Capital plc (AIM: BLU), the investing company with a focus on blockchain, esports and payments, announces that it has entered into agreements with Danny Masters, Non-executive Director of SatoshiPay Ltd ("SatoshiPay"), and Meinhard Benn, Chairman and founder of SatoshiPay and a director of the Company, to acquire shares in SatoshiPay held by them for shares in the Company ("Acquisition"). As a result, the Company has increased its holding in SatoshiPay to approximately 50.0%.

Details of the Acquisition

As previously announced, the Board of Blue Star maintains its confidence in SatoshiPay's technology, which connects the fiat financial system to the DeFi ecosystem. Additionally, the Company announced its intention to explore investments into areas such as the establishment of a digital asset treasury function. This form of treasury management is an integral part in the development and promotion of Vortex's business model. The Company will continue to explore ways to provide additional liquidity to Vortex through SatoshiPay expanding its existing digital asset treasury function.

Pursuant to the terms of the Acquisition, the Company has agreed to acquire, in aggregate, approximately 4,500 shares in SatoshiPay, representing approximately 22.0% of SatoshiPay's issued share capital in consideration for the issue of 4,412,096 new Ordinary Shares of £0.001 each in the Company ("Acquisition Shares") at a price of 20 pence per new Ordinary Share ("Issue Price") (the "Agreements"). As a result of the Acquisition, the Company will become the largest shareholder in SatoshiPay. Following completion of the Acquisition, Meinhard Benn will hold approximately 25.0% of SatoshiPay and will hold 5,946,846 shares in the Company representing approximately 15.0% of the Company's enlarged issued share capital following admission of the Acquisition Shares.”

So in June Meinhard Benn and Danny Masters exchanged 22% of Satoshipay for BLU shares at 20p. These Guys know what Satoshipay is worth and its potential.

A month later £1.15 million was raised at 18p. The current sp has cost those investors a lot of money and so as the news flow continues one would expect the bargain share price to rerate towards the price Benn and Masters got.

If the exercise price is 8p that is what they have to pay to convert their warrant into a share.

Yesterday’s volume was 9.8million and the days before 10.3 million and 12.6 million so 8 million is easily absorbed by the strong buying. They have 11 million left but as they are now at 2.8% they will not have notify any further sells. If they have stopped selling the sp will probably start to move higher more quickly.

The 5 resolutions all passed as per the RNS at 1.33pm

I think it’s worth setting out the part of that article focused on Yellow:

“ Ripple’s co-founder and executive chairman, Chris Larsen, lauded his investment in Yellow Network following the decentralized clearing platform’s announcement that it’s live on XRPL.

Larsen took to X late Friday to celebrate the partnership, writing, “Proud to be an investor in Yellow as they integrate with the XRPL EVM sidechain!”

On Monday, Yellow Network stated through its official X account it had successfully integrated with the XRPL EVM Sidechain. The next-generation decentralized clearing network for digital assets is looking to improve the scalability, transparency, and interoperability of digital markets.

XRPL’s EVM-compatible sidechain could help strengthen Yellow Network’s clearing infrastructure and improve the liquidity and traceability of tokenized real-world assets.

The DeFi platform’s proprietary layer-3 clearing network, Yellow Clearnet, provides liquidity between trading venues through decentralization, and could now branch to other networks beyond its modular Yellow SDK with the XRPL EVM integration.

Chris Larsen nursed Yellow Network to success

Yellow Network secured $10 million in seed funding in 2024, led by Larsen himself, who has been a leading voice in blockchain adoption since co-founding Ripple Labs. Other notable backers include Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital.

In a statement accompanying the announcement, Larsen said he was proud to support Yellow Network as it “tackles liquidity fragmentation in crypto trading and sets new standards for the rapidly evolving digital asset ecosystem.”

The Ripple Labs co-founder also mentioned Yellow’s technology “is essential for new players entering the space,” because it delivers “fast trade execution and capital efficiency.”

“Having Chris Larsen’s support is an incredible validation of our efforts. His contribution to Ripple and online finance transformed how the world perceives and utilizes blockchain technology. His involvement gives us the confidence to push forward and reshape how digital asset markets function,” Yellow Network CEO Louis Bellet.

In August, Yellow Network announced the completion of its YELLOW token sale on Republic, which raised over $1 million from accredited investors. The oversubscribed sale was one of the first Web3 infrastructure token offerings conducted under Regulation D, the said “new standard for compliant, institution-grade tokenization” in the United States.“

This Yellow endorsement by such a major investor and Crypto royalty bodes very well for the value of Coin’s stake in Yellow.

Last night EQX published their best ever quarterly results. It is very encouraging to note that the old Calibre mine that sits next door to the Condor mine is their largest producing mine.

“ Produced 236,382 ounces of gold, including 56,029 ounces from Greenstone, 71,119 ounces from Nicaragua, 67,629 ounces from Brazil, 27,642 ounces from Mesquite, 10,797 ounces from Pan, 2,557 ounces from Castle Mountain and 609 ounces from Valentine

Consolidated year-to-date gold production of 634,427 ounces(1), excluding production from Los Filos, Castle Mountain and Valentine, which were not included in the Company's 2025 production guidance”

MTL have acquired a fantastic asset that will throw off vast amounts of cash as demonstrated by Calibre and now Equinox. My Condor investment which performed so poorly under Jim Mellon who should have done a deal with Calibre years ago, is thriving as part of MTL but we are still only at the start as it will multibag when production starts based on Calibres success next door. Keep up the great work MTL.

A TR1 has to be filed with the company by the holder of the shares. The company then publishes the RNS of the TR1. Even if the company knows about a holding it cannot declare it until the TR1 is received.

I remember Trident and was a shareholder. I made a good return but was not happy when they sold out to Deterra as I had bought Trident as a long term Royalty investment. A very impressive team and on that basis I am enthusiastic about POW’s latest investment. I am particularly pleased that they are reinvesting some of the cash they had from GMET back into royalties over GMET mines. So even if the mines get sold POW will get a good return from the future success of Pilot Mountain and Tempiute.

What is not stated in the RNS is the exercise price of the warrants and how much cash ALRT has received as a result of the warrants being exercised. It is usual to do so but as they have not done so I suspect they will have been for a fraction of 1p and very little has been received by the company. The result of that would be dilution of existing shareholders. Does anyone have that information?

“ Stablecoins Can Cut Cross-Border Payments Cost by 99%, KPMG Says

Institutions are embracing stablecoin technology to cut costs, speed up settlement times, and unlock liquidity in a $150 trillion payments market.

What to know:

KPMG says stablecoins can slash cross-border settlement times from days to seconds while driving down transaction costs by up to 99%.

Banks currently move about $150 trillion annually through slow, costly correspondent networks that tie up large sums in nostro and vostro accounts.

Early movers like JPMorgan and PayPal show growing demand for blockchain-based payment rails, the report said……..”

There is more if you look up the article but I think you can get the drift.

Closing at £1.35 another new high up 10.4% on volume of 970000. The rise has continued in the US.

Copper Rally Gathers Steam on Supply Concerns and Weaker Dollar

By Annie Lee and Jack Ryan

Updated on October 3, 2025 6:26 PM

Copper recorded its biggest weekly advance in year, with prices edging closer to a record set last year, as supply disruptions, a weaker US dollar and optimism about demand support gains.

Three-month futures on the London Metal Exchange rose 5.2% for the week, the biggest weekly advance since late September last year. Copper climbed 2.1% on Friday alone, settling at $10,715

a ton - less than $400 shy of an all-time high.

Copper has surged by 22% this year, despite concerns that the US-led trade war would restrain global growth. The ascent has come as the Federal Reserve resumed cutting interest rates, hurting the dollar and making commodities priced in currency more attractive for non-US buyers. At the same time, there's optimism about demand for the metal for use in the energy transition, as well as in data centers to support artificial intelligence.