Member Info for ID78

The RNS details strategy to be paid in bitcoin.

It does not mention desire to fundraise and book build like COIn, SWC etc?….

1000 in 6 months? They’d be looking to increase the number of bitcoin by a factor of 1.85 every month .. ..

So they last bought bitcoin a month ago and just raised funds recently. Surely anither RNS is imminent?

True, which they could treble their holding and Anemoi have the cash to double their holding..

7/100=0.07

0.07 x130=9.1

So a MCAP of £9.1mill for AMOI maybe… but again three may be a premium for buying in this early if that makes sense…

Bearded we may have around 3-4 bitcoin. COIN hold 32 and have a £129mill MCAP. This suggest a fair MCAP is maybe £13mill. If you really want to profit take maybe do that 8p??…

Of course any RNS before then would change this.

Tho - it should be noted they do have funds remaining to buy bitcoin. News of any buying will push this on further..

Onetime - nailed it.

With the recent rise in SP and MCAP now is the time to raise funds and start building. Hopefully get news soon.

It’s a crypto treasury play and if you know about COIN and SWC you’ll know it’s a hit sector.

MCAP is low, 1/30th of that of COIN (which is less than SWC) so buying is making the assumption they can repeat the success of COIN and SWL…

If they do you are looking at multiples on multiples from here..

I have a few posters I lurk about and watch.

Portfoliopower it’s great to see you here. Gives me confidence I’m doing something right!!

Also note both raise funds this week coin £4mill and Vinanz £3.5mill so similar pockets for more bitcoin buys

COIN have 32 Bitcoin (so 33% more but is expected to rise). MCAP is X3 of Vinanz.

So yeah I’m looking for this to double (minimum) and soon

Coin is 127 MCAP not 170…. In here too though as the comparison does show favourably.

I’m excited for the US listing …

Missed AMOI … it’s just starting 😂

Laura & Hepseal - thanks for that. So a long way to go with this SP and MCAP

TIR are frustrating - had my eye on them for months but can’t buy on H&L

Hey HarChris I wasn’t aiming that comment at yourself. The rainy season - I don’t know but it is a viable factor on heap leaching (I would have thought). It is a short rainy season c.w. what Arc have to deal with.

SP has been double this in the last 6 months and at that point we through it was ‘cheap’… I’ll buy more IF we get a nice high gold pour in the next month or so.

I hadn’t thought about the rainy season and it does affect things. ARC minerals are only starting to drill for this year.

The LTH that have been quite vocal on here about awful this company are would have been aware but didn’t think worth mentioning this as being an issue?…

Like you say HarChris - all to play for.

I’ve bought back .. got 0.64p and 0.69p but yeah had a few NT.

6th June 3.638 Bitcoin purchased for treasury

11th June 5.043 Bitcoin purchased for treasury

16th June 6.558 Bitcoin purchased for treasury

21st June ??? Bitcoin?? purchased for treasury

If we have a blue day tomorrow then I reckon we are off, I’m seeing 18p as key to the next move.

Did someone not say Lenigas tweeted about rig mobilisation this week?