Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Heres wishing that shareholders investing in this share manage to make some profit from their investment. After all, this is why we invest, we took a chance, believed that the company was undervalued based on its investments, a generous dividend, decent newsflow and potential breakthrough tests. Yes, the tests are one part which seems to consume almost everyone here and the BOD has not helped as they do not put out much about their other investee companies but having said that, we are fully funded for the test, we have a professor whose twitter I read somewhere said he was a credible person and stood for no nonsense and director whose large shareholding means he has everything to gain just like us PI. Seriously, I have no inside information about what is going to be released or when but we expect the worse and then hope for the best. ATB guys and I sincerely mean that. Some of us have seen our shareholdings over the years almost depleted by the choices we made which we thought were wise at the time in some stocks so for those, like me, I hope this investment mitigates all those lost income.
Shame that we cannot seem to disconnect this company from price movements with BTC although we are so much more than that and sooner the market and fund managers feel that they need to invest in companies that have already invested in BC, the higher our rating should be. I would like to be hovering at 2.00 upwards ideally before the next leg up. I think the lack of communication to shareholders is disheartening BUT personally I think they want to let their investments do the talking and as long as they are there and getting the job done, as I keep saying, I am looking forward to the updates. I cannot predict BTC prices or any other prices but since I am a holder here, its nice to have a upward momentum after a period of consolidation which I still believe was overdone due to BTC. GLA
Agreed and the company has not changed its position nor management their interest in watching the share price daily because they know why they are here and they know what their goal is and I'm sure they expect rewards in due course. I've stayed because of management and I believe in Web 3 and their investments and btc may be corrected but when 1 has reached its potential, others are available and hopefully others will see what management believes. Dot is worth billions and we may only have 30m or so but if we can invest in these and have staking and watch the other investments unfold, then our MC will rise soon. Nice to see an upward movement in March after expiration of options but I don't know but I'm holding for updates
“Aside from the fact that Bitcoin was first to market and society has given it meaning as a store of value, I think Bitcoin is actually pretty useless,” Says Prakash Chand, Managing Director at FD7 Ventures. “Projects such as Cardano, Polkadot and Ethereum are the foundation of the new internet and Web 3.0.”
Both the founder of Cardano, Charles Hoskinson, and the founder of Polkadot, Dr. Gavin Wood, are considered to be two of the brightest minds working in the crypto development space today. Both figures were part of the original seven co-founders of Ethereum. In their current roles, Hoskinson and Wood lead projects that are regarded as having the potential for significant worldwide impact. Cardano’s ADA team is working towards a blockchain solution to address the needs of millions of unbanked individuals in Africa and other countries while Polkadot continues to build out an ecosystem of “moonshot” projects that enable a fully decentralized platform for Web3 where users are in control.
“I’ve been lucky enough to spend lots time with the brightest minds in crypto and I’m willing to bet that each of Ethereum, Cardano and Polkadot will be more valuable than Bitcoin within the next few years,” continued Chand
Results in this area of experiments is not exact although they did say end of month. What people buy or sell is what they feel its worth and its all part of investing. If not, find a lower risk or put it in the bank and no one would think less of you. There is no need to **** off the BOD or the Prof. I'm not sure if those on here who say these things are holders and if not, what do you actually hope to gain. Sharing thoughts on investee companies, forming a group to canvass the BOD to explore xyz or return surplus cash if any or removing directors not contributing should be more what we should consider rather than sagging people off. If results are good mankind benefits and SP, if it fails, the company has lost an opportunity but they won't dilute the shares, they will explore other opportunities, not end of the world and you can sell and move on or stay and hope for the best. It was an unexpected generous dividend, I don't think anyone could guess, if TB was manipulating the share, why not sell at 7p,it was a business decision. If its now 70p because of success on citrus trial, I hope Brh holders would congratulate those who held and come here to you know. Monday news could be holding news, this is a test that has multiple potential, I'd rather they take their time and get it commercialised rather than take short cuts and lose something which so far sounds very promising from a credible professor. ATB
Lol. Honestly, how can one continue heaping suspicion at TB and say that he's using Prof Carl to inflate the share price. That's not fair. It's an insult to Prof Carl and the genuine effort he has put into this. That's just plain wrong. They stayed the course, laid out a plan, market knew timelines, they did not say production etc last Dec and find an excuse. They even adjusted their timelines to compensate for delays. I'll hold and maybe be stupid enough to expect a dividend. To imply TB is using Prof Carl to keep price high is quite wrong but if its right, I'll get slammed but I think this is a promising test years in the making that has been known to cater for Covid and he genuinely believes it will succeed.
Let's hope normal service is resumed and more come on board to promote and highlight the company or offer some insight into activities they continue to do. Staking and other investment opportunities. I am not concentrating on the pause in rally or other counters by selling here and investing elsewhere until you hear from management. Well, this is merely IMHO but to each his own.
What if the test is successful, what then? Is success measured on time or effectiveness or both as I think based on 1st ever process awareness, its always had success and time was of the essence. They never stated otherwise so I think it augurs well. Some delays but the timescale as stated has not changed. They have not tried to manipulate the market and they are sticking to getting it right no matter what so if you're prepared to wait, please do as I will because apart from this, I'm hoping in the next few months, other investee companies would deliver too.
Greater visibibility more trades I suspect. Another stock ARB is up but we are down and granted companies work in different areas but MC is almost 4x
I'm not into promoting other shares but seems to be happening and I'm just drawing a comparison. Have our NAV dropped that much?
With due respect, I understand the covid testing related companies and lots of chatter has focussed on this. But the test could potentially be applied to detect bladder cancer and Alzeimers. Also, this is an investment company and this is one part of its investments. The beauty of this as I said is even if testing for covid gets crowded or not much margin, it can still multiply the share price on the various other uses as we will hold all the rights to it.
Hope you recover all what you may have lost. I've been there. Sold a share at 0.45 only to see it at 4.92 a year later. To be fair, no one can predict but some are plain fortunate. Hope we are too. I'm tempted to give examples of shares riding on multiples on RNS but I respect the board for Brh. Not sure if news will land before Friday but I'm guessing Prof wants to get everything in order to remain consistent with the previous RNS and not mislead the market. In Carl we trust, someone likes to say! Cracks me up. ATB Just hope 1 of their other investments get something too. Orders etc
Polka Warriors announced on Twitter that Plasm Network and Acala have successfully completed the first cross-chain message on Polkadot and Kusama’s testnet - Rococo.
“@Plasm_Network and @AcalaNetwork just announced that they have successfully transferred the first cross – chain message on @Polkadot and @kusamanetwork ’s testnet, Rococo, which marks a great milestone for the development of the whole ecosystem.”
Plasm Network also tweeted about the event, commenting on its historical significance:
“Breaking: Plasm Network has completed the first successful Cross Chain Messaging Passing (XCMP) transaction on @Polkadot’s testnet Rococo with @AcalaNetwork. This is a huge WIN for the entire Polkadot community. We are literally making history of Web3.0.”
Acala And XTokens
Acala has been running a parachain successfully in the Polkadot ecosystem along with Plasm Network. Acala recently had a successful token transfer locally to Laminar via XCM (Cross-Consensus Message). They have specifically created XTokens for transfers in the Polkadot ecosystem. Any parachain can now use the XTokens pallet to integrate with Acala.
Regarding XTokens, Polka Warriors tweeted:
“Acala recently had a successful token transfer locally to Laminar via XCM (Cross-Consensus Message). Acala built and released the XTokens pallet for token transfers in the Polkadot ecosystem, and using this token pallet is a condition for parachains to integrate with Acala.”
How Did The Transfer Happen?
Aleksandr Krupenkin, the lead engineer at Plasm, found some issues with the XCM, and their pull request was eventually merged by Parity. Following that, Plasm used XCMP-lite on Rococo to make a transfer to Acala. Following an initial testing phase, they implemented the XTokens pallet in the parachain's runtime.
Regarding the transfer, Polka Warrior tweeted:
“This event can be considered as a great milestone for the entire Polkadot ecosystem. With this success, they are ready to test XCMP-lite with other @Polkadot ecosystem teams!!”
What Is Acala?
Acala is the stablecoin of Polkadot, making it fast and easy to build financial apps, improve trading efficiency, and save time. It offers a suite of financial primitives like a multi-collateralized stablecoin backed by cross-chain assets like Bitcoin, a trustless staking derivative, and a decentralized exchange.
What Is Plasm Network?
Plasm Network is a scalable smart contract platform on Polkadot supporting layer-2 solutions and Ethereum Virtual Machine. Its primary purpose is to present a platform for developers where they can create scalable apps.
Reproduced
Exactly. Having reread the RNS again, personally I'm not sure which one test will send this flying because my grandma had Alzeimers and its a killer to watch her suffer and then there's bladder which I'm sure lots are suffering. And covid too! I hope for humanity sake, this works as they are not shortcut ting anything and following due process and engaging with the right authorities and to me, they are giving their best and hard work has its rewards. Some here no doubt suffered losses on other shares like me, nice to get a break as we get older
Fair play. Exactly, some lucky fellow who 4 years ago took a risk and is after 4 long years of waiting patiently taking advantage of the increasing demand for these shares from pi and institution to cash in for whatever personal reason. I think it's something most promoters would do and if investors feel otherwise, they should revisit the previous announcements. I'm waiting for an update soon.
Couldn't agree more. They also have staked Ethereum and DOT if I recall and not as many as DOT but shows the focus and direction of management not to mention awarding share options rather than taking cash from company. That's usually a good sign to me in staying invested. ATB. Looking forward to an update.
It's interesting that comparisons are drawn now with other companies test as when Prof set out his strategy, so many bailed because they could not wait which led to the price going as low as 12p. I really hope that this succeeds to vindicate Profs focussed and not rushed test and silence the doubters. What the company does after that I'll leave it to TB as he knows best. This is an investment company with hands in many pies and this is just one. ATB.
Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions. Cointelegraph.
I know its never easy to value any alt coin but with widespread acceptability of BC and more platforms, this may have room to go to USD 50 which will boost NAV not to forget their staking revenues. Nice to read about their 25 or so investments, too many to list I presume but just a reminder of your investment in this company's management. End of Feb would be nice to get an update. I'm not sure but I'm content to let them carry on doing what they do best.
My sentiments exactly. It closed at Usd3. 20 or STG 2.28 which shows prices are narrowing. DOT should pass USD50 not purely on sentiment but interoperability between various blockchain soon and there's Web3, Cosmos. Gradual rise built on solid fundamentals is to me better than wild swings. Hope management comes up with some updates soon. Nice to settle around STG 3.00 before then. I'm no expert, just hoping. A valuation of STG1 billion for the company should not be discounted but would it then not be on the radars as a TO target. One can only hope. ATB all
Goldman Sachs, ICAP, JPMorgan, and UBS have bought the first exchange-traded product (ETP) that offers exposure to Polkadot’s DOT cryptocurrency for clients, according to Bloomberg terminal data reviewed by CoinDesk. NAV is but a small part as profits also matter. Hard to disconnect from BTC but sentiment also plays a part. Thing is DOT and JPMorgan, now, that's a huge endorsement. GLA. IMHO once bitcoin stabilises lot more money will be coming to these alt assets and DOT and Atom will tread higher, not because BTC goes higher
I see Casper being the go to guide on Brh, good on you because you are mature to those who talk this share down. This share like all is a risk but it has substance, its got investments, its paid a huge dividend, the float is low. I won't even deem him a ramper, the shares deserve a higher rating and Prof Carl is a hard working and honest chap. He doesn't need to mislead shareholders into buying high and then disposing his shares, not sure he has any btw. The test is needed, I hope all the concise step by step stages outlining the various phases and no rushing just to hike the price or sell or place shares reassures investors. But this is IMHO which counts for little but it's nice to see this go like SNG on 1 day last year, what a beautiful sight. I've never experienced that.