Member Info for miker444

At times of lengthy periods of no news it doesn't hurt to go back and look at the fundamentals, podcasts, rns's etc to remind oneself as to why you invested in the first place. If nothing has changed for the worse then those reasons will still stand and be relevant.
Some of it will require the trust and belief in the BOD, in this case Francesco Gardin.
I do believe him when he states we are close to a Patent whose content will show an improvement in Bitcoin mining speeds of circa 30% , I also believe this is the reason we have recently had the computer scientist Dr Kumar Lov Grover come on board, he is known worldwide as being one of the forefathers in the quantum field, it is not something he would have done if he could not see we had something special / significant.
Many catalysts could come QBT's way and it will take only one RNS that states we have a deal with a major semiconductor manufacturer to allow programming of our 30% 'faster algorithm' to see the sp take off, then 50p would not be a pipe dream in relation to our current MarCap.
For me we have simply too much going on, NDA's, talks with majors, the best tech teams etc for us not to succeed, we won't be the only ones but succeed we will, the only thing I cannot foresee is the timeline.
That said, I am happy to wait.
atb.

Looking more like a JV than a sale now and considering we have an aggregate of 2.56Tcf and not the 5.56 Tcf we hoped for then that is the best option imo albeit a longer term plan.
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Excellent advice I'm going to sell my 90m right now to buy in when news comes, no brainer :¬)

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Jarv, thank you, I did read these but kept coming back to the Allenby Broker note stating the sp just for Chudditch1. Old enough and ugly enough to stand corrected, thanks again.

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Pcc7 & Davies many thanks, I will now warm to the fact that the CPR will take into account all leads and happy to be corrected.
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Davies hi mate, I don't read it like that it states contingent, perhaps its just me, would not Allenby have offered a NAV on the 5.56 tcf and not the 1.359 tcf, that's my bug bear, so wish to be wrong. I have read it a dozen times and looked up contingent and it's a bit vague.
I am happy to have misinterpreted the broker note if that is the case, holding 90m.

atb mate.

Robert I posted a week or so ago and I am still of the same opinion that the CPR is only about Chudditch1 i.e the 1.359Tcf and not the 5.56Tcf, at this stage at least. Can I have your view on that as I got a response that was, let's say, contradictory,

I do expect 5.56Tcf to be brought to the table at some stage but the broker note is valuing the CPR at just Chudditch1.

I would be elated to be wrong.
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Worth noting that whilst Boil / Andy expect the CPR by end of Feb, and it still might happen, that it is being worked on and will be released by ERCE when they are good and ready so in that context it is not in Boil's control re the exact date so it might slip over in to March but no biggie in the real scheme of things imo.
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Tiburn I asked passiton that a few posts ago and he replied below in depth regarding dividends,.
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passiton thanks for the in depth replies, appreciated.
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passiton have you any experience of the possible % return would be to shareholders If / in the event a one off dividend is issued from a sale? I know its a generic 'how longs a piece of string' but RBD stated they would return 40% of the proceeds form their Corallian profits. I would expect a minimum of 25% bearing in mind the BOD would be eligible as well so they should promote a decent return, hopefully.
atb mate.

Just hope on any sale or JV that we get something back in the form of a Dividend, for the majority of us here even a 25% return of Chudditch proceeds should be a significant amount and without having to sell a single share, a win / win.
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A couple of decent sells, mm's will drop readily in anticipation of news, they will be holding a certain amount of stock as well.
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Davies absolutely no problem just keeping it real for the time being, I have nearly 90m so not talking it down, I want it to succeed as much as anyone, the bottom line is the 5.56Tcf is talked about and mentioned on every presentation so it will be relevant at some stage in negotiations ( I hope :¬) )
atb mate.

I'm just keeping it realistic, the sale price will be all about volumes, just have a small niggling fear Andy may well give too many sweeteners away in making a deal, hope I am wrong and he can hold his own with the Tier 1's who have decades of experience in making these deals. We need the 5.56 Tcf at the negotiating table.
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As I stated last week the CPR is just for Chudditch1 i.e 1.359 Tcf and not the 5.56 Tcf, so we will not see 3p - 5p and fall in line with the brokers estimate 0.7p.
I hope that Andy can make a sale of all of the Chudditch regions, SW etc and then we could get near those figures with a healthy dividend.
I think some will be disappointed and not taking in to account it's just Chudditch1 for the CPR at the moment.

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As I alluded to yesterday it would appear the CPR is just about Chudditch1, 1.359 Tcf and not the 5.56 Tcf, so the talk of 3p - 5p just wont happen unless BOIL can include the aggregate of the whole of Chudditch and just when this can be brought to the negotiating table I don't know.
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CDF1 you've missed one aftershave out mate, Denim, for men that don't have to try ...too hard. :¬)
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Fish I know mate, my point was about which figures as in the heading 1.359 Tcf or 5.56 Tcf will be relevant in the CPR / bargaining.
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Just looking at Allenby Broker note stating sp of 0.708p this is based on Chudditch1 of expected volumes 1.359 tcf, we know Andy and the team quote 5.56 tcf for the whole of Chudditch. a multiple of 4 which using Allenby estimates to sp would be 0.708 x4 = 2.8p.
Genuine question, is the CPR only going to confirm the 1.359 tcf or will it also give a figure of the aggregate volumes of Chudditch. If not will Andy only be able to command a sale / jv price of the lower figure and not the 5.56 tcf which him and the team and updated notes on the website are keen to promote.
atb.