Member Info for Phoebus

There was a huge move up in cryptos over Xmas and then again over New Year. I will not be surprised to see a similar move over this four day Easter bank holiday weekend. Good chance this and the other crypto stock will be going great guns next week. Mop up those dips.

Thanks MNN. Nice of them to give me chance to do my vanadium research and get in nice and low. This is an excellent looking stock.

I have. Still not impressed at all.

'On course to achieve year end 2010 production target of 4,000 bopd by early December, rising to approximately 12,000 bopd by the end of 2012.' LOL

https://investegate.co.uk/petroneft-resources--ptr-/rns/us-43-million-placing/201010190700125943U/

This stock promised so much back in the day. Huge production figures were projected from these licences and years later were still nowhere near those figures. A lot of people seem to do next to no research. People should go back and have a read through the older PTR RNS statements from the last few years starting in 2010 and then ask themselves where they really think this is going.

It might be advisable to sort out the balance sheet first before negotiating so as to get the best deal from a firm footing.

Good point.

If everything is so rosy, why the selling? Is there an overhang I'm not aware of or some other issue. As far as I can tell everything here is positive. Thanks.

looks to be around MINUS $1.62M so they will need to raise funds and I expect they will place into this. That said, today's news is a relief and they can move forwards once funding is in place. Well done LTH.

To be fair, that short is microscopic, even at 200K shares it was small.

WWTBOOTBHW

I suppose the volatility works the other way too as the NAV could also be massively higher in a short period of time. Given that we are in a bull market and continued large gains are expected I would say that on balance a chunky premium to NAV is warranted.

Sorry Roley I had my wires crossed. LDO was the second biggest holding a while back, but I meant to say IOU (Internet Computer / Dfinity). Quite an incredible rise today. KR1's IOU holding currently up 125% to £29.2M in the last 24 hours.

This should be closer to 275p on the back of these moves.

LDO and DOT are also storming higher. This is surely the best daily increase ever for KR1's portfolio value and by an order of magnitude. Truly massive gains. What are the Americans playing at?

DOT is up 8.6% adding £7.5M to NAV and IOU (Dfinity) is up 33% adding £4.3M to NAV, total £11.8M added from those two in just 24 hours!

Yep. I'm surprised we are not well over 200p today. The assets are soaring.

Cryptos looking very strong this afternoon. Any break higher in BTC and this will rocket IMO.

Think of it as NFTs with a linked tangible artwork related to blockchain technology issued by an institution with links the the UK Royal Family. Ticks quite a lot of boxes IMO.

Half a billion market cap. Good luck.
https://endanimalslaughter.org/wp-content/uploads/2019/04/2.jpg