Member Info for Phoebus

PIRI is also invested in Pluto and their March 4 RNS gives us a good synopsis of Pluto's interests.

https://investegate.co.uk/pires-investments--piri-/rns/update-on-investment-in-the-digital-assets-sector/202103040750061046R/

'Pluto has made good progress since its launch. It has already expanded its portfolio to include 16 different digital assets including BTC (Bitcoin), ETH (Ethereum), AAVE (Aave), DOT (Polkadot), KSM (Kusama), POLS (Polkastarter), LINK (Chainlink) and UMB (Umbrella Network) and, by using its access to deal flow, a number of new digital assets such as FCL (Trust Fractal) and VTX (Vortex DeFi) which have recently listed. Pluto has already delivered returns from its activities in digital assets such as DOT, UMB and VTX and has also been progressively building out its management and operating team.'

Although I have a lot more in ARB, PIRI has greater exposure to Pluto than ARB relative to its market cap so I think its worth a few quid too. Pluto looks a quality play and I'm glad to get as much exposure to it as possible particularly at the pre IPO stage.

Check out this Argo Interview with Pluto Digital Assets Director Atif Yaqub for more detail on Pluto.

https://www.youtube.com/watch?v=OUL1jsTi6Hs

Their two major holdings are actually BTC and ETH.

Simple and clear. Excellent post LT.

If you want exposure to NFTs you should also take a look at COIN (COIN.PL on this site). They are developing NFTs and also have investments in DeFi plus a HODL of several cryptos primarily BTC and ETH. Market cap is only £17.8M. I have a much larger ARB position, but COIN looks worth a few quid particularly given the accelerating investor interest in NFTs.

Congratulations everyone.
https://www.youtube.com/watch?v=nn4TA-CBT4Y

Good show that.

Name change on Monday? Apartment Blockchain? Writers Blockchain? Chock A Blockchain? Mental Blockchain? Stumbling Blockchain? Chip of the Old Blockchain?

194p in the US now so we are tracking nicely. The chart over there looks primed to attack recent highs which are at around 263p.

Jiddy, I'm bullish on 88E, just think it's farcical that people think it's going up because they've already struck oil. If people panic buy on a false pretenses then they are more likely to get shaken out. We want a solid move not a quick 30 minute spike on he said she said.

Drilling approaching is the most likely reason IMO, though the manner is which it has moved is a bit unnatural especially given that drillers have by an large been out of favor.

Jiddy, AJC23 asks 'Surely we don't have oil, what's the cause here?' and you call him stupid. As Wednesday's RNS clearly points out they will take one week to drill the top hole section and install the BOP. So given you're such a genius why don't you answer the AJC's question and tell us why the SP is going up. I've already given my suggestions.

Grow up Jiddy.

Leak? What would that be? Another half barrel of drilling fluid from Icewine?

IG, you may be right. I see it's just close the SP gap from April last year.

Rational explanations? Someone wanted in before the drill and waited till no one was looking to buy big and then keep hammering the ask? Someone wanted change the sentiment ahead of drilling and get the SP heading higher? Someone needs a much higher price to get off the hook and not be left holding the bag on drill TD? Pre placing ramp? Farmout? Could be anything, just not a discovery at this stage.

Not a stupid question at all. How many ft do you have expected them to drill in 3 days?

The RNS clearly stated, '88 Energy is pleased to report that Rig 111 commenced drilling the Merlin-1 well at 0338 on 10th March 2021 (AK time). The Merlin-1 well will initially be drilled to 1,500, then surface casing will be installed and the Blow Out Preventer system tested. This is expected to take approximately one week to execute. The well will then be deepened through the target horizons in the Nanushuk Formation to a maximum total depth of 6,000.'

If anyone thinks they've reached the target horizons when they haven't even drilled the top section and installed the BOP, they're an utter moron.

LOL^1,000,000

He'll make a lot of money if they come with a linked NFT.

Well cancelled yesterday and now rats on crack on no news?

Wonder where he is? Hope he's not been stung. ;)