Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
"True for a time but if too many take it up then eventually the additional revenue starts to decrease because of the fixed number of BTC that are mined."
Garbage......Last BTC to be mined in 2140 so if pulled forward a few decades, won't bother any of us!
" It's the actual results that will convince me though not your hypothesising......"
That might convince you that you'd done the right thing, but just like everyone else at the moment you have taken a risk before that knowledge and hypothesising helps people decide whether they have an appetite to take the risk now, before the next RNS. Investing AFTER confirmation would be much less risky, but could be a lot, lot costlier.......
You've obviously not run a listed company.....you can't just release RNSs just because there's excitement about BTC. You have to have substantive, verified news........
Updates when things are not ready can be very counterproductive........
"Revenue and return is"
Naive nonsense.......Share values are all about SENTIMENT.......Dogs can fly, Hope can fly, Novelty can fly, Momentum can fly. Peaches can crash, Profitable can fall, Steady and boring can drift for years, Momentum can crash...etc, etc.......
That's why you get massive multiples and low multiples for profits, huge valuations for massive loss-makers, large discounts to Net Assets and huge discounts to funded NPVs......etc, etc.....
In commercial mining, a helium concentration of 10.5% is exceptionally high. Helium is usually extracted from natural gas fields where its concentration is much lower, often around 0.3% or less. A higher concentration could indicate a unique geological source or a specialized extraction process, potentially making it more economically viable for helium production.