REMINDER: Our user survey closes on Friday, please submit your responses here.
I am guessing the clain size and notice is ready to go but there is a small window for India to settle first - if not even any engagement from India then I am hoping the notice goes in this month. No new info coming to light and so we are ready to go.
Personally i dont disagree with you Albus and in fact I do use BTC but I do this myself - not via KR1. Soon there will be other vehicles to get BTC exposure but there are already miners and MSTR (US Co.). In the meantime I am more than happy to be allowed to invest in KR1 and dont to date question the two.
They may end up with 5 or more $100m stakes at the peak of this bull run!.
I think that there may come a time when they consider a divi or share buyback (my preference would be for them to do this in the bear market) but I would never suggest to the 2 of them in the same manner as I would not have offered tips or thoughts to Buffett & Munger - I dont think its too far from the truth to say that given another 10 years, these 2 will be mentioned in the same kind of revered manner.
It is Franco, but it takes that most precious of resources - time. I was hoping a kind soul with more of the latter than I at present may share a view they have collated.
Of recent they seem to be giving funding to other seed investor groups - I assume this is recognition that the boys limit their activity to what they know and do not overstretch.
Of interest to me if anyone has the info to hand would be the expected timelines of any other of their projects going live. If there is another TIA or even mini TIA's in the pipe it would be good to know when they will arrive (even estimates).
GLA
NtD
Happy New Year!
PEN having another 40% surge this morning. I am hoping this denotes new blood and new entrants and isnt existing holders BluB, Duke? who already hold.
If they can roll out their programs early this quarter there is a very receptive crpto narrative on usingblock to actually transact financial as part of this upcoming bull run that we could tap into - skies the limit potentially.
Good luck to all investors.
NtD
Totally agree Panamabob, but we are not just furious, we are also passengers at present, absolutely dead - kippered to perfection.
Very upsetting and i am definitely furious but not seeing a ladder to climb out of the hole I find myself in.
By BOD witholding information flows, its spooking traders - too much unknown within the grip of the BOD and the BH - easier trades elsewhere I think - terrible manipulation by the BOD
They know the reason for the JV negotiation closing,
They know the confidential well info
They know more about our likely production than they are telling the market.
FFS this is quite literally bordering on the criminal!
So much information could be shared and just isnt.
Who was JV with? Who broke it off?
Tell us about the confidential wells. Tell us production news.
FFS - the fact they gave that RNS without any steer to the fact is very very poor.
My view as ever production - if we are a going concern, takeovers will be made - if not a going concern - fire sale.
I will freely admit that I would snatch at a 50p offer right now and would also probably take 20p tbh - just to jettison this BOD from my investments.
COWAN - SPEAK!!
Short
You seem a little obsessed. If you are a shareholder - you can raise a motion to cut his salary. If you arent even a shareholder (and from your prior posts its doubtful) then who the heck are you to comment on what i and the other shareholders here choose to pay our directors!
Merry Christmas
NtD
Frasier and Miles Crane step into the BB.....
I've read the doc a few times today. I had eventually called for Leon to be put out a few months ago and today gets to the heart of why. He is bullishly pushing the development but in my opinion (and he will look back to a legacy maybe of building a great operational vehicle) but he is not a great CEO - he isnt taking other stakeholders with him.
A great CEO would be aware that at an investor meet, he may need to raise and wouldnt offhand a month before a substantial raise that there will be no raises - a great CEO lays the path "if the opportunity arrives etc". Leon is 1 dimensional - growth of operations.
His FD must have known the reality and the fact he isnt heeding this again proves a stubborness trait or worse an arrogance that is great in a COO or CTO, but it isnt where a CEO should be.
Personally, I was ready for raises for opportunities - i suspect a lot of us were, but then engage with us on that plane of thought process. We can therefore only marvel at Leons shortsidedness of thought, or his complete disregard for his investors.
I still think this is an interesting project but wish I had backed more at 5.5p. We could get to where we need to go much easier with the correct CEO.
NtD
Edzi - I agree your points on being linked to a giant. Another example of where this partnership works, is in securing waste - they must clearly have a strong government link and unlike JLP they have cash, plenty of cash to secure tailings.
Hi Ocker,
To be fair, there isnt much hype on this board and very few ramps. Plenty of FUD. I think most holders while discontent with current share price, are not frothing and ramping forecasts - we await the next growth news with a confident optimism.
ps did you write that message on an AI chatbot?
Yep - you are calling that right Botak - Elizabeth Warren has an evidence trail against her signifying she is corrupted. She is in the FInancial oversight committee and as such governs and audits SEC - she sent her questions 2 days in advance to SEC charr Gensler and asked if he wanted any changed. She is the enforcement - way too cosy.
I wonder if she gave the same courtesy to Gensler questions on FTX - oh wait - they havent had any questions on FTX despite SBF having numerous accesses to Gensler and Warren - Coinbase at the same time was completely rebuffed from any access. SBF father very linked to Warren funding and apparently his firm also does her taxes - not my research but that of Crypto Zombie. No intent to ban it, just manipulation imo to bring down price for wall street cronies.
I used to appreciate that we didnt have the same sort of corruption in UK - used to......
Hi Momoni,
I dont believe there is a limit to size on Aquis - at £5+ KR1 would be the largest company on their excahnge - I see that as a good thing tbh for a little while.
The £5-£10 seems entirely doable based on projects still to come and the past ATH's of many of these crypto's they hold.
Very much been enjoying the last month or so with crypto.
GLA
NtD
Hi Short,
Marks salary - Thats not new information now is it. No it isnt. Your conjecture as to his level or duty of care is though - what evidence do you have to say he doesnt care?
Thanks for link BluB - Nabla say testnet in January 2024 on the link - so soon...
Buttermilk
You can sell the company anytime you like - the wonders of publicly listed companies. Good luck!
Hobsy, I think you can only say soared if we are over 0.2 - prior to that "rose" "recovered" or "climbed" - lol.
Pendulum actually catching a little of the Crypto wind uder its wings today - If they can get Nabla out soon we will be launching into a white hot market meaning any uptake may be amplified by Crypto Degens.
Cathy adding value there with the cancellation of the never announced Q&A. Putting in a real shift!
What with Cathy and our new boss (I will use his name when he contacts us), there really is some busy people here.
Slightly worried tbh by lack of Q&A - avoiding shareholders is part of the keep price low and satisfy BH approach to date.
To be honest, I am beginning to think we just have ART employed and to make ends meet by his standards he answers the phone in falsetto when people ring Cathy and that he is also new boss - no impression required here as no-one meets the new boss.
I'm angry here as I still dont believe that the company has any interest or intent in aiding SH's now or in the future. I hope I am proved wrong but currently feel that any rise in SP will be despite management, not a latent result as a reward for their efforts.
Sentiment (including mine) may be binary and click to positive with the right news, but currently i believe all news to positive being supressed - hence not working to our interests but to other paymasters.