Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When’s this going to 50-100p range…..🤣😵💫
FG is still using his spinning frame for new astrology investor entrants that keep coming.
Much lower!’
15 Mcap
0 revenue for n+1 years
Agree Eddie.
Great to see Beekeeper still putting out chump change.
I do like dropping into a schizophrenia-themed LSE board at times for a giggle...
This environment of this award succinctly epitomises QBT predicament.
I like how FG states “in a few short years” below in a 2018 article… would hate to calculate his accumulated pension position since then… He is such a fine story teller.
Clear Leisure's Serbian crypto-mining centre fully operational
By Sharecast News
Sharecast News | 12 Jul, 2018
Investment firm Clear Leisure on Thursday confirmed that its Serbian crypto currency mining data centre, Miner One Ltd, is now fully operational.
The AIM traded company said that the board anticipates that the first full bitcoin will be mined in the next few weeks through the selected pooled mining network, with a single bitcoin worth £4,683.82 as of 15The company has also secured additional low-cost power supply at the Miner One data centre and is currently working to define the architecture and selected crypto currencies for two additional mining units.
This expansion of operations is expected to require additional investment of between €150,000 and €200,000.
Francesco Gardin, chief executive and executive chairman of Clear Leisure, said: “Our venture into blockchain technology currently comprises cryptocurrency mining which we believe will bring a small amount of revenue to the group and our intention is to investigate other business opportunities for blockchain applications, which we believe will become, in a few short years, the backbone to most service industries around the world.”
As of 1525 BST, Clear Leisure’s shares were up 5.10% at 0.83p.
@Oliversydney
Would like to know this too…
Who is buying given this sh//show of an RNS? Like the method C explanation…, presumably a D will be announced next year….
Not sure about scam…but if FG walks down the street with QBT capital raise prospectus, the homeless are the only takers and just offer him soap.
@gibson @jezconnor
Ground implementation of say 100 rigs with "partners" - and results - should be disclosed asap to get investor stability, notwithstanding any revenue.
Unfortunately this looks to be the case, hence why they've changed the narrative over the last week. He looked broken. FG's reign should be handed over but it's obvious why no succession plans are in place for this king. atb
I’m not investing 1 share after seeing this.
The audacity of this is beyond the pale.
No viable revenue.
If you want a case study for a lifestyle company, this is surely it.
Gilding the (his) lily.
This is AIM…. Enough said.
Would require capital.
Would require a raise.
Further dilution.
A riddle wrapped in a mystery inside an enigma
If still around, Mystic Meg would be very proud of FG and see him as a kindred spirit.
“There’s a saying in the markets that ‘he who lives by the crystal ball is destined to eat ground glass.’” R. Dalio
IPSUM stated on the 11th Sept that the re-examination would be available within the week (GB2113962.1). Still yet to be publicly available, Feb documents are illuminating if you read between the lines, and their other application recently made yet to register all draw to this application to not being a successful product for revenue making - I repeat, revenue.
He also has a mindset and lived experience in academia while you could not get a more cut through commercial industry than crypto.
Of more concern is putting myself in FG’s position. If my experience has been in academia (and not commercial environments) and I’m approaching 70, wouldn’t the most risk free high reward (salary) be evolving patent applications for a few more years… If he was on a more modest salary and have carry / skin in the game, then it would be much more comfortable and be a more equitable risk reward dynamic. Is the above ageist of me, damn right it is when it has to be.
Continuing with his disproportionate salary package over a considerable time is another red light that I can’t see changing.
Dyor
Too true. Cuts through all this noise on board.
My readings of the patent document filings is at best that the 2021 patent will be objected upon, so probability that this will not materialise is reasonably high. The documents dated 15/02/2023 are telling and indicate why QBT are where they are in putting forward another patent application.
https://www.ipo.gov.uk/p-ipsum/Case/ApplicationNumber/GB2113962.1
dyor - gla
Pricing drifting away on no news (-26% since late August). Investors probably disillusioned with very weak - and vague “would/could/conceptual” communication while maybe some phd students have been talking - who the duck knows. The 2021 patent looks very far away subject to not being objected? Drifting down to sub 1p is probably what sleepy FG needs to get a grip!