Member Info for oilgasgold

Forget the 5 trades bud,more often than not trading bots or mm algorithms or a bridge trade They are effectively test trades, nothing to read into them

With all due respect I've done all the DD I need to here, so yes "more than likely".

As an example scale wise, Stark mentioned Frank Amato,do you have any idea what his actual net worth is, not his declared ? He is a crypto Angel, which might mean anything to you, but it certainly does to me as that's a space I know,I'll guess more then you do.

You think he's here for a poxy 60k yearly take away?

You think he'd jeopardise his well earned reputation on something that won't produce,a crypto whale,really?

There are levels to this BT, you probably sold the day he joined the BOD, absolutely clueless.

Remember that there is more than likely circa £150k-250k invested in Texas,which would be industry standard of 10-15% down payment range to secure miners and power capacity. So probably around £500k in BTC/Gold treasury wise.

Also note the upward momentum of BTC currently, just broken $80k/£69k, up 20% in the last month, while it's outperformed gold by 40% since February. If bitcoin doubles,the value of it in the treasury doubles obviously, this is something that cannot be priced in. Personally expecting $100k to land July/August,$150k by year end as capital rotation continues from gold into BTC.

Now Texas is signed and we should have news in the next 8 weeks, it's time to turn attention to Crawford site and where things currently stand.

Bmv are partnered in this with raptor capital who specialize in these high-yield mining streams. The asset owner in australia, cavalier resources (asx:cvr), just updated their pfs on april 14th showing a massive 385% irr and a payback period of only 9 months. They already raised $4m on april 23rd to start clearing the site and building roads, which you wouldn't do unless the $15m funding deal with raptor/bmv is locked in,30-60 days approx ,we are just waiting for the final rns to flip this from "proposed" to "binding." Once the texas cash starts being recycled into a project with that kind of yield, the 0.08p share price is going to look like a joke compared to the nav IMO.

Cavalier CEO Daniel Tuffin did an interview yesterday,here are a few related extracts.

https://youtu.be/dn2b0stygYM?is=T-ZM4d-Y-lxyI-kN

https://youtu.be/7b2QwRLlcJs?is=_pt1cvKAgnvQ3iBs

BT do you realise most the board here can't see what you say anymore,and that applies to most the boards you frequent, I'm almost certain. Speaking of which, had a nosey at your posting history and replies from elsewhere. Very disappointed in what I found, turns out your pretty much universally disliked and nobody is interested in your generally misplaced opinions,no great shock there. But the fact this is lost on you, leads me believe, you're on the spectrum, almost certain.

Currently sitting on the naughty step

Reported for spamming

Clutching straws now in the desperate hope of justifying past comments,have a day off BT, embarrassing

You have a fascination with zero Negative Nancy. Firstly zero invested in Texas, now NAV should be zero. Time will tell won't it.

When they said he's doing a "great job" they really meant being ruthlessly conservative,forcing the company to write assets down to a level the market can't argue with, standard practice especially if he's the only one who knows where the bodies are buried from the old mining days.

Part of the delay will be getting things to the point of effectively a clean slate for Joseph Archers replacement, little to no baggage carry over. Will be interesting to see what they come up with NAV wise, although I agree 2.7 is low end.

It's just what happens if companies go past the deadline for submitting financials. It will stay suspended until then. Tuesdays RNS alluded to this, they extended the audit partner's tenure. This is the likely reason for the delay. It’s an administrative bottleneck

They sure are, should be here before 4.30, after that I'm a right in thinking it's suspended?

You will be sick if it's substantial huh 🤣

Is this something we're likely to find that out tomorrow though?

I must have my numbers wrong somewhere,been a long day. If someone can point out what I'm missing at some point it would be appreciated. Buried treasure you're pretty switch on,please enlighten me, sincerely?

If tomorrows RNS confirms the Texas rigs are hashing I don't see how this doesn't do really well, adding in a strong cash position and Crawford on track into the equation would make it extremely cheap IMO.

As an example I've been working out some rough numbers tonight for Texas alone, thought I'd share with you folks.

So 4.8MW, using modern 2026-tier mining rigs which consume about 20-25 watts per terahash, the project likely generates around 200 to 240 Petahashes (PH/s) of computing power.

Bitcoin Harvest would be in the range of 0.15 to 0.22 BTC per day, it's impossible to get nearer than that for a multitude of reasons. That makes a daily revenue at today’s price of roughly £56,080, that equates to £8,400 – £12,300 per day in gross revenue.

Roughly 4.5 to 6.5 BTC per month, generating roughly £250k – £370k in top-line cash flow.

Someone tell me, if their pulling in £3.5 million in a year off Texas alone, plus they have a minimum of £750k say, how can the mcap be £2.7million? It's not currently just low,it's broken.

Time will tell though,maybe I'm completely mistaken, which is a definite possibility.

Bitcoin on the move again today,up 14% this month. When you actually think about it,it can do a lot of the heavy lifting mcap wise here moving forward. This is what I meant previously when I said I consider this concept bigger than the BOD, things may get to that point here where we are all passengers to a certain extent,one way or another.

They are the same person with bipolar disorder

Morning everyone.

Just wanted to quickly go over the recently introduced management incentive plan, as the timing and scales aren't lost on me. Maybe the BOD know something we don't, but may well do soon.

Statistically speaking, companies only implement these measures before good news,and often end up meeting at least the first milestone.

The 300 million shares involved are held in a trust and only vest up to 100million per year, provided massive market cap milestones are met, to prevent damaging the SP should they receive and sell.

To trigger even the first tier, the company must reach a £20m market cap and maintain it for 30 consecutive days. At today’s price, that would require the share price to jump roughly 600% to around 0.7p. no spike can trigger this, it needs to be real value.

By also cancelling over 100 million old warrants at 0.23p, the board is clearing out the structural overhang and tying their own rewards directly to a 7x increase in shareholder value. If they hit those targets, the vesting shares are a small price to pay for that kind of growth.

You had me wondering for a minute lol.