RE: Oilgasgold18 Apr 2026 10:32
Morning Laura,
Not sure how much I can expand beyond what's in the business update from the 14th & previous relatable RNS's. Definitely not the specialist here on the financials I'm afraid.I'm predominantly only here to see if the Dual asset treasury can be achieved to any extent, the trifecta of physical,Tether gold (XAUT) and BTC.
If you want the blue sky scenario for the perfect year though the three pillars of their "Reserve & Rail" strategy are fully operational by late 2026/early 2027.
The Pennsylvania Megaproject: Instead of just "discussions," BMV is the lead operator of the site, pulling in the targeted $61.2M in annual revenue with high margins.
Gold Streaming: The Crawford Project in Australia and other pipeline deals deliver the full 55,000 oz of gold they’ve highlighted. At $2,300/oz, that’s over $120M in total value flowing through the company over a few years.
The Bitcoin "Rent": The Texas and Canadian sites are fully plugged in, contributing a steady $6M+ in annual "digital rent" with almost no overhead.
Treasury Yield: Their gold holdings aren't just sitting in a vault; they are actively lent out or staked (via XAUT) to earn 20% annual returns.
What needs to go right is April final results show significant capital to invest,little to no more dilution (unlikely),sign binding agreement in Pennsylvania & crypto prise to continue rising. Not much too much to ask.