Member Info for miker444

Passiton, appreciate the reply, it would make sense to develop them all under one umbrella, Chudditch very central and also extremely shallow waters when compared to the others which should give it some appeal in drilling terms.

atb.

It is very good news, do we think that if Greater Sunrise gets the necessary funding / go ahead that Chudditch via SundaGas will be thrown in to the pot?

atb.

TTMB, Good post, FG did state that despite bitcoin blocks not being released until the previous block has been 'solved' they are , even future blocks, connected by Blockchain and this is the area that they have achieved the impossible in the eyes of the bitcoin industry. It remains to be seen if this is actually the case but for a statement to be made then I would suspect that they have evidence of this in their recent testing.

As or quantum computers I agree, also it would make bitcoin worthless, in my opinion, due to if you were the only player capable of getting them then by default no one else would want them.

Eddie i took all the figures from the broker note issued this morning, not a ramp but broker notes have to be run past certain criteria. I did also state success case but a lot now happening on Timor Leste so either way a big uplift in sp if the drill goes ahead imo.

atb.

Success case for 510m boe would be:

lower end ( $1.3 ) = $663m Upper end ( £2.5) = $1.275bn

So sp, in £pence, ranging from 3.49p - 6.7p with 18.98 bn shares in issue.

Obviously with JV sweeteners this could be slightly diluted but, and I stress a successful case, the upside, from here, is a multiple of between x 45 - x 150!

The broker note states $854m, they have used the lower end $boe, and even that gives 3.7p.

Worth a punt at theses silly prices and just to say this does not even include Dunrobin with circa 202mboe.

atb.

A whole raft of good news included within the rns just wished then that they could have updated some of it at intervals to buoy up the sp rather than let it drift. This really is a positive rns, there should be more updates than having to wait for an interim but nonetheless it shows things have been happening behind the scenes with quite a lot of potential.

The last 2 words on the Proactive Interview by FG were 'our partners' not find a partner. The official wording of 'Our' is as follows:

'Our is a first person plural possessive determiner, meaning 'belonging to us'

'A word that indicates possession ( telling you whom or what something or someone belongs to )

FG therefore views them as such and I suspect an official announcement of a partnership /s will be announced 'in due course', possibly this side of Xmas.

Any talk of a Farm out and this will go to 1p from here!

Fleccy, sorry to disappoint mate but its all genuine, other guys in GGP made more than me. It was a one in a lifetime hit that and GGP made headlines for making normal investors millionaires. The sp was 0.5p and I put in £55k,it bubbled around for ages and went to highs of 1.31 for approx a year or so and did nothing. Then a blockbuster rns stating that Newmont had pulled out of a 'no brainer' first refusal to JV, this sent the share down 77% at 8 am following the rns. I stayed put and watched my 11m shares hit 38p a couple of years later and stay there for approx 2 - 3 mths.

Others made far more than me.

I got out of RBD which has no connection whatsoever to GGP or QBT. I have no reason to lie and my only point was that I stayed in a share ( GGP ) when it nose dived to reap huge rewards 3 years or so later by being patient. That's it.

One answer, I will not be trolled.

Was mentioned in depth in one of the rns's a few mths ago ( might have been the broker note, can't remember ) as to what we were 'working' on. As others have said FG / Team have got round this now on the 'Chinese' set up which opens up the whole of market ( 75% Chinese / 25% Intel / others ).

It's still positive in the direction they are moving just testing the patience of some holders / non holders which is understandable.

As stated a few times I held GGP for 3 years when a sh.it rns dropped and 99% of people bailed, only to see £4m hit my bank account through sticking with it because I believed in it. I have the same outlook on QBT.

atb.

Hi Addi, I think it will be a lot more than 30m between us :¬)

Francesco actually says this near the end of one of his recent podcast interviews as an afterthought to the main conversations concerning other topics. He actually voices it, so that is what my post was concerning a recent statement not something from a couple of years ago and in text.

This has to be Peter Fuhrman in my opinion. I do not think the quality of a website will have any bearing if semi conductor manufacturers see proof of a chip algorithm that could disrupt and monopolise the market. A partnership / JV with a global semi conductor company could blow the doors off sp wise even without mining news. Lots to come.

Let's wait and see, simply as that.

FG stated many mths ago we are at the advanced stages with a semiconductor manfacturer. This seems to have been overshadowed by the talk of patents, mining, increased speeds, potential partnerships in N America.

I have said all along I think the appointment of Pete Fuhrman over a year ago is a big a deal as Vlad being appointed Business & Development Manager.

Pete has over 30 years experience in the Semi Conductor Industry particularly Germany and China where he has been based for many years in direct involvement of chip manufacturing. We may have to give a good % of our new found algorithm to secure a JV partnership with a global company but even a 25/75 ratio will be worth a fortune if it becomes the 'to go to chip' within the bitcoin mining industry.

This is a completely separate potential for exponential growth to the sp than direct mining or partnerships with miners if a deal is secured. Advanced stages suggests it may well come to fruition.

FG didn't seem to think it would be an issue and Plug & Play was mentioned numerous times for both Methods, A & B.

Vlad is in N America, FG also stated in Vox or Proactive, can't remember which, that "Vlad will be in the USA next month and that is where I expect to spend most of my time from now on" or words to that effect, implying that we have now finished all what we can do in the UK / Italy or wherever and he needs to be out in the field.

Its from those words spoken by FG that the 2 'big boys' he hopes to do partnerships with will be N American.

I could be wrong but I am confident I am correct.

Anyway time will soon tell, either way.

atb.

Jambone, I completely agree that for FG to approach various crypto news outlets 5 weeks AFTER testing on miners in North America suggests that he / they have experienced success from the testing.

Why would you go down that route after 5 weeks if certain goals had not been met. Approach the news outlets before testing and then hope for the best but this is the reverse imo.

To announce now, a considerable amount of time after testing has begun, would leave a certain amount of egg on his face if it were to fail.

Looks to me as though FG has seen more than enough of the results / feedback from the miners to now go and back up QBT with the media and he is still quoting the 2.6 x even now so looks promising. The 5 week wait, before approaching the media, is the clue here, for me anyway.

atb mate.

Huge spread by mm's appears to have slowed the buys down with the Ask at 0.115, that said there seems to be a more positive vibe with Boil currently and some decent sized buys this week in general.

Agreed also Jambone/ Suthy, irrespective of timelines Francesco has not actually failed to deliver on his aims, turning a hopeful 30% increase in mining speed to a multiple of 2.6 x. He was successful in the Court Case and I believe he will achieve the end game of giving QBT unicorn status. So the next news just has to continue in his achieving of past performance, any deal, any JV or partnerships will put us on a road of no turning back, what we don't want is to experience the unknown scenario of failure, we haven't had that yet and we are not immune to it or have a god given right so for me its not the time factor its the news content when it does happen and I am happy to wait.

What no one can predict is how long this will take and i'm afraid it's sit on hands time.

atb.

Totally agree that agreeing partnerships in North America will take months and not days or weeks but remember that we have more strings to our bow. Francesco stated that we are in advanced talks with a Major Semi-Conductor Manufacturer. Peter Fuhrman is in China and has been for 30 years working alongside companies in China and also Germany.

He was as important an addition as Vlad in my book and a deal / JV with a semiconductor company could happen quicker and easier than with miners due to we have not got the finance to produce a 4nm proto-type chip ourselves and will give away a decent % to secure the deal. That is an easier agreement to execute and will be massive if it becomes the 'to go to' chip in the mining industry and even an 20 - 80 split will be worth £m100's in the billion dollar industry.

Don't forget the zero carbon / capture projects that we may have a hand in also.

atb.

CDF1 the article states a decision to either pipe to Australia or Timor Leste but as the artricle is over 2 mths old and we have seen Australia fawning all over Timor Leste incl apologising I believe Timor Leste hold the cards now. It is well known that Timor Leste are very pro Chudditch due to its location and extremely shallow waters so I hope and expect we will be included in any decisions that are made with Greater Sunrise.

atb.