Member Info for mrhanji

Big week(s) ahead.

QBT’s 6th May RNS said the Method C test stack is now fully operational and preliminary results are expected within the next couple of weeks.

The key question is straightforward:

Does Method C work on a real third-party ASIC rig?

If yes, then the 6 March RNS already told us what comes next:

"successful Milan lab results are the pre-condition to contractual discussions with the ASIC manufacturer."

IMHO - I think this results will be positive and this will re-rate big.

Gla.

Yes Dave i don't see better opportunities elsewhere

read my whole post rather then pick one line and strawman my whole post

Just short term traders ubersteve

Normal for a Friday- probably selling at loss for a better trading opportunity elsewhere

Alittle premature as the update is due from next week onwards

No proactive interviews.. i guess FG waiting until test results before speaking to the market. Must be close.

Hexam - The only suggestion that makes sense is - there's a big buyer or more wanting to accumulate and MM are willing to hold at current price levels because of the placing over hang.

Sweet and simple, even my grandma can understand and she hasn't traded in her entire life. No need to overcomplicate it.

MM's are comfortable - but at some point they wont be -

With news due (couple of weeks as per latest RNS) , expect more big buys to persist, a couple of more of these 13 million trades etc chipping away..

Before you know it placing over hang is cleared, MMS lose there comfort blanket and this re-rates sharply.

More coming through..

Does look like accumulation into sticky hands..

If this is the overhang being worked through still.. then expecting sharp rise after it's done.

Gla

Definitely buys..and big ones - looks like an institution ? Can't be one of us small time humble retail investors lol

Someone knows something

If it was a sell would have heard from Aisteve by now on how it's below mid price blah blah but silence speaks volumes

Its interesting the options have expired.. and nothing new issued for now.

Given the results are in a couple of weeks.. would they really want to issue new options at strike prices lower. Based on current low share price.

It does look like they are waiting until after results.. if good the share price would be much higher. Will they issue at 5-10p again or possibly higher

Also they maybe giving consideration to using more of the options (total 83 million) alot has changed since the last time they issued the options

In my honest opinion - the RNS today and yesterday has been taken as background noise.. it just hinges on method C which I do believe they will deliver on.

But until then seems like the market is not what it was a couple of years ago.. the RNS today and yesterday would have smashed us to all time highs.. but its not having the impact.. despite bitcoin higher , unless next week its different.

Overall I do feel like FG and the team have this right.. we need those results..

Patents - give us a moat.

Quantum - This will outperform everything in the long term as others noted. More incentive to keep as a long term hold in addition to patents.

Blockeeper - separate venture to mine bitcoin right now, but again not the focus unless they pull this off in the next couple of months.

Not forgetting method A & B though Method C is the one at the most advance stage.

So its really method C that everyone is watching closely.. they give us real world results in a couple of weeks that triggers the asic manufacturer to take the next commercial step.. and then boom.

But right now it just doesnt feel like the same market.. i could be wrong will be watching next week and holding or buying :)

Would be interesting to see the next rns on option renewals, expecting them to be at the same price.. i believe FG personal target is 5 & 10p.

GLA have a nice weekend.

Fantastic news however it's the poor financials holding this back now..so no revenue , and losses from raises..

We need method c and commercialisation..

Basically market wants cash flow

Now that quantum research is powering up again , perhaps another sign method c is coming to closure and will generate revenue in near term.. 2 weeks until pre- lim results with asic manfacturer and then a commercial deal gets serious.

Hmm reading between the lines it does seem the us patent is comfortable qbt Is unique..looking good.

I have a feeling we haven't been given the full update on bitcoin la..

Surely it wasn't just meeting with the 1 asic manufacturers

There's must have been other leads in the pipeline..

But I guess the one that is looking promising is method c and this one asic manufacturer..so this is the highlight for now and the focus for next couple of weeks..

But I'm sure they are holding back something....

Excellent update. Time to enjoy now,

Couple of weeks i.e 2 weeks

Asic manufacturer fully onboard with time lines and next phase

On track for pre-summer boom.

ciao.

QBT is in a clear re-rate window now.

Accelerated Method C testing, expected results end of April-26, Placing done, Bitcoin Vegas exposure last week, all cluster into a compressed timeline.. with option expiry tomorrow (6.5.26). Too many moving parts for this to be random ?

Market is only waiting on one thing - proof of performance.

If that lands, repricing happens fast.

Next couple of days will be interesting watch here

Agree kk,

Dave mate relax suns out , I think we will know very soon what happened in vegas.

For me it's strong buy / hold, they have already hinted it's going one way 🚀

A picture worth a thousand words l

Says it all really 🚀 🚀

Looks like Bitcoin vegas was a roaring success. Smiles all round, It can only mean whoever they met loved QBT and probably want to move forward on a deal.

May get an RNS this afternoon -

In any case take off soon, all the signs are there ! :)

RNS out steve - not that it means anything to you lol

Hmm some big buys trickling through.. perhaps someone knows something.

Eagerly await the official update.

Hmm no leaks out of La so far..all hush hush at the moment.

Asic manufacturers ( those exclusively workiing with qbt ) must be rubbing their hands at the new and working method c, all behind closed doors