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Here's the email I sent earlier...
Hi George
I hope you are well. As an Alba investor with an obvious interest in seeing the company thrive, I'll get straight to the point. As you well know, Welsh gold is unique. It is therefore non fungible...
SO NFT AND TOKENIZE THE MINE...
If you're not familiar with NFT's, it's not rocket science. Check out the NFT (Non Fungible Token) space. Opensea for starters. It's crying out for something in the real world like Clogau to be minted.
If thousands of small digital images of cartoon apes and punks can be sold for millions a piece, think what could happen with a tokenized Welsh goldmine, Clogau, the only explorational/operational Welsh goldmine in the world, split into NFTS. Or, you could choose Gwynfynydd.
Think a run of 10,000 unique (yet easily computer generated) digital images of ultra rare Welsh gold nuggets that also give holders the rights to the potential of a representative sample of the physical in the event it materialises.
10,000 NFTs that could generate tens or hundreds of millions in funding for Alba.
By the way, you might want to consider cartoonifying the nugget images and giving them daft/cute/unusual names...just a suggestion but you'll see why when you delve into the NFT space.
Check out what Damien Hirst did with The Currency series on Heni - marrying physical and digital. George, I have no doubt whatsoever, if you were to steal a march here, this could be absolutely massive.
Without a shred of exaggeration, this could put Clogau on the world map. Think Clogau on the blockchain, exposed to millions of NFT collectors (lots of whom think nothing of spending hundreds of thousands or millions on digital images that don't even have a physical counterpart).
Clogau, the one and only Welsh goldmine to be NFT'd and part of the fastest growing tech and monetary revolution in the history of mankind.
Pricked your curiosity? It certainly should!
I sincerely hope you look into and do something with this George. I'm not an expert but I do have lots of research under my belt and skin in the blockchain and crypto game, so if you need any pointers, please contact me on XXXX XXXXXX or email.
Best of wishes
It's FUD. Absolute nonsense. Still, looking forward to receiving my allocation. I bought a fair few back in the day so even with the percentage drawdown, when balanced against the current price, I'm actually quite happy with the outcome, thank you very much. One more thing. I believe the way this has been handled by the Japanese authorities has been both incredibly fair and honourable. They are actually distributing most of the BTC and other assets that were available/recovered back to the creditors, many of whom are retail investors. Also, they didn't fully capitulate to the shenanigans from certain US corporates trying to commandeer the proceedings and bag all the coins for themselves. If this had been in the hands of a UK liquidator/administrator does anyone believe in their wildest imagination that retail creditors or any creditors for that matter would have received a single penny? Not a chance. The big 4 would have strung it out for years and swallowed all those BTC up in their monstrous fees. So, in my book at least, all credit to the Japanese, as they have proved themselves infinitely more honest and fair than we could ever have hoped for from the corrupt and thieving degenerates who operate under the guise of accountants on our home turf.
Not as far as I'm aware and I'm a creditor in full contact with the trustee. My understanding, from the official communication I receive, is that a date for payments to commence still hasn't been set yet. However, once it has, I'll post the details up here, just in case there are any fellow MTGoxers who might need a reminder.
It's not rocket science. Check out the NFT space. It's crying out for something in the real world like this to be minted. If thousands of small digital images can be sold for millions a piece think what could happen with a tokenized Welsh goldmine, the only Welsh goldmine in the world, split into NFTS. Come on George - get your thinking cap on - check out what Damien Hirst did with The Currency series on Heni - marrying physical and digital - think images of ultra rare Welsh gold nuggets giving the rights to the potential of the physical in the event it materialises. Telling you, this could be absolutely massive. Anyone got an email to get this through to the man who can?
Lets hope the market sees this and the sp also follows suit.
Addendum: Personally, I believe £21.50 by end of year might be stretching it but as I mentioned yesterday, 5-10X by end of year or early next could well be in order. All it needed was to be loved and watered with a little money shower. Show the love y'all!
There is new money flowing in here, and seems likely from the Middle East. They want a massively undervalued btc mining play and by the looks of things it's our beloved Arb because it's MASSIVELY undervalued in comparison to its peers. The analyst who placed fair value on it at circa £21.50 by end of year (mentioned by someone else the other day) may well be proved correct.
Have a strong inkling that it won't be long before an announcement is made that one of the leading gaming metaverse platforms have adopted Bids ingame ad serving tech. Then sp will really take off. Just a matter of time but these platforms are looking for every which way to improve monetisation and Bids are at the forefront of providing the way. On top of all the recent announcements it looks like the rise in take up confidence and sp is set to continue.
In light of Northfork's post it look like I was down with my prediction of a poss 5-10x by end of the year since - The Analysts are forcasting £20.50 high target for the year. Impossible? Stranger things and all that.
Imo this is to do with the Middle Eastern money wishing to hold an increasingly heavy hand in a grossly undervalued mining outfit. Seems like the rumours are playing out. Nothin would surprise me to the upside from here. Just wait till BTC refuels for the next thrust up. Looking for 5-10x from here by end of year, early next in the absence of a global schitstorm.