Member Info for panman

Trouble is these pure BTC co's aren't making it clear enough its the insti's/pension funds pushing the price of the treasury co's up in the U.S as now they're allowed to hold them they'd rather do so than have all their funds in dodgy low yield U.S debt.

If in the UK its only pi's buying UK co's will never perform the same and likely end up being viewed as a type of ETF that will be valued at the fair value of the BTC held not a large multiple of it. (imo of course)

Didn't Nick have a few deals didn't go through when this was still a canna stock? Can understand the market being cautious until they're safely on AIM with the RO behind them if so specially as this one has had a few delays too.

Glad to see the better day today. Appears the market just needed to sleep on the news to see the benefits. Back above 140p level would be a good start if it has imo.

Nick's working on a very low helium price (imho) for Rost1 which is why the $100K/month. I emailed on this and a few other points and he replied thusly.."Back to your question. Our illustration assumes a helium price in the $300s and no value for the remaining 95% gas"

Hopefully he's wrong by a few hundred bucks/mcf and the remaining gas is used to produce a lot og BTC (or ETH if he can mine that instead).

Maybe but they only completed on system 7 five and a bit weeks ago. Don't want them rushing any old thing out just to keep us happy.

Meanwhile lifted from their X feed..

Tom Lee's Ethereum Treasury BitMine Ups ETH Raise by $20 Billion

Bitmine Immersion is now aiming to raise up to $24.5 billion from its common stock sales to buy more ETH...

https://decrypt.co/334803/tom-lees-ethereum-treasury-bitmine-eth-raise-20-billion

Decent article except they're asking will ETH be over $5K EOY. I still think over $10K and worried I may be way too bearish.

Thanks 803 and yes fair comment, unfortunately.

Nice price and kudos to these for not just jumping on BTC but putting some thought into what coin to buy.

Sorry if its a daft question but could today's volume and associated move be shorts doubling down to suppress the price on this apparently good news?

Took just a few today as feels like the market has over punished them for needing the placing. 70 days uptime for kiln 1wasn't so bad imo given they're still tweaking just not enough to pass the banks test for commerciality so funds weren't lent.

Be good to have an update soon as keen to know the new pump is giving improvements and to see how they're getting on with kiln 2.

It doesn't show emma was genuine at all. Stop being so naive. If anything it shows they didn't want anyone examining the books or operations too closely as they were busy hoodwinking investors over both.

They seem to be trying to distract with this "we're looking into how he knew about the offer" line.

Why isn't the new management looking into why the offer was rejected? 1.6p a share would have been very welcome. Much more welcome than today's likely drop and continuance of failed operational performance surely?

Perhaps they could start a BTC treasury??

Unsure on question 2. but on Q1 I was in SYM at 3p when they RNS'd their 20p subscription and even with quite bland results they've continued on the slow grind towards the 20p figure.

That.s on low volume and Paul Scott et al thinking they should have tanked again so a positive sentiment stock such as this one is quite likely to gravitate towards the subscription price too imo.

I just use advfn's homepage to keep an eye on eth but they have it at $4190 so happy days already there imo.

ETH looking good, think the target is $5500ish of this particular break. Do believe they've made good choices with the coins they've picked. SOL may be a bit slower in its rise but nothing wrong with hedging their bits re these altcoins imo.

Noted its pulled right back. Healthy to have that gap shrunk imo. Feels worth spending some time researching this weekend now.

Co. did state they could only raise if sentiment was positive. Maybe a bit of forward selling going on whilst they've got the pi's excited and loading up?

Even ai co's have to make hay when the sun is shining.

" The Board is on record as being disciplined and measured in its approach to dilution, seeking to balance funding needs with shareholder value. Nonetheless, future funding may be required to support the growth of projects. The Group recognises that investor sentiment and broader economic conditions may influence access to capital."

Its lost the 50dsma again, equal to yesterdays low again now. Still got the afternoons trade so am watching to see if it bounces or not. Could do with not finishing on the low again as 200dsma looks to be support if it does.

Just to let you know I haven't lost trust in management VernetLes and doesn't appear the buyers since the Kingbridge purchase have either?

Will admit I,m beginning to get bored waiting on this $15K ether but I can be very impatient on these things at times.

With pumping like this...

"So, if say Author42 gains a valuation of £200 million, CapAI's market cap will quickly follow suit, and if CapAI'a market cap is close to £200 million also, then buying the whole IP for £2 million shares would be 1% dilution."

I predict a lot of pi's losing their hardearned here

There's plenty of competition out and unlikely any of them are valued at £200M

https://coauthor.ai