Member Info for Mkx007

I thought you were also on the board or a NED for them?

Agree, long term mining is a fools game, there's still inherent value if you mine and hold. So the WULF strategy is out. Smaller miners like LMFA and now somewhat ARB are holding which gives them future value but ultimately the business model needs to change in order for debt to be clear and they don't just exist as a BTC shell company.

What do you mean undeserved...it's full of cowboys. Only few make it out into the main market, the majority enter a death spiral and wind up

Probably not a bad thing either though, if stock is shifting then it's at a good price. Would like to see less in Heathrow if I'm honest although I imagine the margin there is fantastic.

What would be even better is if Starmer actually reduced tax on British produce!!

That last thread was an amusing read through. If anyone wants to take the time, you'll enjoy it.

You say it can 50 bag but we really need someone to come along and actually value the project at £50m...if it's not valued - it has no value.

Same with the multi-billion THAR project...it's not worth anything if there's no partner or valuation attached.

I think both Indian and US markets will be a solid buy. I would like to understand if they are actually pitching our products properly. French Champagne vs English Sparkling wine...I mean there definitely an opportunity there considering the French Chateaus are buying land.

If there is no progress with expansion I wouldn't be surprised if this was acquired by one of the bigger Chateaus (Moet, DP, LP, etc)

This has to be close to the bottom now. I can really see any real downside from here but plenty of upside.

Can none of you google this yourself? Anything that pre-dates the Trump administration was considered to be safe. So ITC for US projects will be paid.

Any future projects in the US run the risk of NOT being able to access these funds.

Any idea if this will come back...surely the company will list this year right or relist even?

Can anyone tell me if a dividend is due in FY25?

They have a BTC value of £700k and an MCAP that is 10x the NAV...errmm why would I buy this?? There is a small cap miner LMFA with ~160 BTC and the company has a value of $8m... there's MUCH better options out there.

You wouldn't post a negative factsheet would you...

That does really put a long of emphasis on the NAV being accurate? Who's curves are they using, how much did the batteries cost them to build? At 2023 purchase prices todays revenues are not enough to justify the NAV levels at where they are. If that was true then GRID and GSF would be trading at similar levels to this stock, or is that what they need announcements that buyers would buy these assets at the NAV price - whether it's executable or not who knows.

Is it even 7p? Haven't they updated the mandate that there's a minimum obligation of 1p that "may" be topped up to the maximum offering in Q4...which means it could be 4p in reality.

Not deramping but would be interested to understand if that's true. US revenues not looking that great - not sure if they can rely on the Irish revenues this year again. Perhaps that's the reason for the selling of the tax credits?!

Any update here?

The irony is that £2m would be safer buying bitcoin than it would investing in this stock today...improving btc mining by 30% is pathetic considering the halving made it 2x harder.

Even LMFA as a small cap!! This is doing terribly in comparison to US peers

Love the amount of people that think this is going to be doing anything for at least 12 months. The mining license will take an age and even then it is not guaranteed at which point you've got a piece of land in Australia that's useless. GREAT!!

Uk will be average plus huge expense bringing in house to save a few thousand in fees. Will see lower than HEIT for UK so circa 50k...5% rtm fee saved is 2.5k/mw. Really paying the dividend.

US likely to be awful year on year, Germany looking decent. Ireland might be the savour for the quarter due to high winds but will have to see.

I'm bearish at the moment and will potentially see a drop into the 40s.