Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
AIM Rule 26
I emailed Tintra Plc to inform them that the “contact” Icon on our website was not working.
I informed them about an error on AIM Rule 26 about our major shareholders.
Hopefully our website is “fixed” so that if anyone wants to contact Tintra Plc they can.
RKB
PS If we had an Icon that said “Strong-Buy &Hold” I would select that.
Prospectus
Maybe our long-awaited Prospectus is being finalised.
If so, then our shares that we bought at 2p will be available to the LTH who took-up the Offer.
Currently showing 100% gain.
Our Financial Year-End is this Friday.
Callum will have been our CEO for almost a year and in my opinion he has excelled.
RKB
Don’t Panic Eddie will keep communicating
Our solder lad we have been informed was not in the SAS but in “Communications”
I have decided that Eddie has also to go in the Box (beside me so we can communicate)
Request to Jambone, do not go on manoeuvres with Eddie, he is baiting you put him in the box and we can all watch a Box-set.
https://www.youtube.com/watch?v=nR0lOtdvqyg
Just before I posted I could see four green lines.
RKB
PS I don’t really think Eddie put me in the box and for the record the people I have done the most Pro bono work for are the British Army. I know scores of lads (all men sorry laddies) from Redford, Dreghorn & Penicuik Barracks.
Eddie563
I did not meet FG in the Airport, friends know the 5-star hotel we met for breakfast, not that far from Harrods. You will not have difficulty working-out where we met (assuming you are still able to utilise your SAS skills!)
For the record, I am not an Insider. I do not know QBT’s ‘cut’ but like a game of chess I don’t have a losing figure (stick that in your travel bag and work it out when you are on your flying ‘non-working’ trips)
To confirm that I am not an Insider, I bought the 98,000 at the lowest point I believe today for buying (getting better everyday buying the lows and holding)
RKB
Back-of-envelope calculation
After having read the “Bitcoin Mining Industry Report” I have made my own back-of-envelope calculations.
I am not going to Post my calculations as it would be the biggest ramp every on our Bulletin Board.
The “Bitcoin Mining Industry Report” provided excellent data and as Eddie563 is good with Excel, I doubt he would come up with the result I have.
FG only analysed 9 Listed Bitcoin Miners, there are many miners out there and I have calculated there are in my calculations between 3,292,683 to 3,481,875 Miners at present and average life of a Miner is about 3 years.
You can take FG’s cost of replacing a Miner or you can Google for an answer, then you can calculate for yourself how mch “would” be spent if you replaced 1/3rd of your Miners each year.
Then you could calculate how much you would “save” if you could Mine 30% faster (don’t forget to subtract QBT’s cut)
RKB
Good Moring Eddie563
It is an Excellent Report, I even communicated with FG this morning.
Have a nice day, I wish you well.
RKB
Bitcoin Mining Industry Report
It will take me a few hours to fully dissect this 54-page Report.
To have access to this information is excellent in my opinion as it clearly sets out what factors affect the mining of Bitcoin and the actual costs the industry has.
We know which Miners are efficient, which are struggling, and which ones could utilise our Intellectual Property. For the avoidance of doubt, QBT have an algorithm that improves the efficiency by about 30%. (see RNS 15/11/22)
https://quantumblockchaintechnologies.co.uk/images/QBT_-_RD_Update_15_Nov_22_Final.pdf
Todays news has “Among the report’s key findings is the surprising inverse relationship during 2022 between the Bitcoin price and the technical difficulty of mining successfully. As the price of Bitcoin fell, it became more difficult and expensive for miners to participate in the industry.”
A simple calculation with a 30% mining efficiency:
If a Bitcoin Miner mines 500 Bitcoin a month at say $25,000 they generate $12.5 million worth of Bit Coin.
Now with QBT’s algorithm, with no additional expense because they have their miners (computers) their electricity is the same (assuming they have a fixed contract for say 1 year) their debt is the same and the servicing of the debt is the same (assuming no change on the interest rate) but;
But they mine 30% more Bitcoins. Instead of 500 Bitcoins it would be 650 Bitcoins and at $25,000 that would generate $16.25 million worth of Bit Coin.
That is an increase of $3.75 million less whatever QBT take in commission.
Using a 5% fee to QBT that would generate in one month from one Miner $187,500.
When you have read the full Report issued today and see the data crunched on the 9 miners listed and what they mine each month, you may want to do your own research and calculations.
RKB
PS I have been buying constantly since February, It pays to network and do your own due diligence. Strong Buy & Hold just my opinion (not Eddies)
This is the Link for abridged and full report.
https://quantumblockchaintechnologies.co.uk/investor-relations/reports
Research
Genuine LTH and the good posters on our Bulletin Board will have possibly seen the link that Addisonshare found over the weekend.
If you were fortunate to read the “Abridged Version” of the Report, then you would know the price of Bitcoin used in the calculations and then you would possibly have an idea as to when the Report was produced.
You do not have to look at our website to see when FG issued his PRN (RNS) update on “Bitcoin & R&D” because (miraculously) many of our PRN communications are on our “QBT Live RNS” tab at the top of the page.
You must access our website:
https://quantumblockchaintechnologies.co.uk/investor-relations/ceo-s-interviews
to have the date of FG’s interview with Proactive about the progress we have made (the 30% improvement)
You then must research the “Markets Reaction” to this game changing news of the 30% improvement and look at our share-price around this time (1p)
It is obvious to me that the Markets haven’t understood what FG has achieved and if there was a drop-down box that said “Strong-Buy & Hold” I would select that.
DYOR and it will pay you £’s
RKB
General Meeting
Our GM was held yesterday in Perth, Scotland.
I was the only Private Shareholder present in the company of all four Directors.
All Resolutions were passed unanimously.
After the GM was officially closed at 11:10am I had some coffee and a chat with the BoD.
I am conscious that anything said by BoD has to be general information and nothing that is considered “Insider Information” so we had an informal chat in general about our expanding business and our Polish manufacturing facility.
I was also introduced to all the staff present who were busy going about their duties and I was able to ask them about their various tasks.
I observed a customer’s Order being carefully packaged and prepared for courier uplift (not one that Royal Mail could handle)
I was given a personal tour of our very large manufacturing room (the one that was just an empty room last September) Discussed a client’s manufacturing requirements and how our staff not only in Perth but also in Poland, collaborate in the “alchemy” of designing a new product that began on paper with a client’s ideas and transferred into a high-quality finished product that the client is 100% satisfied.
If only ordinary shareholders were to take the time to visit our site in Perth, they would understand the vision our BoD have and be able to observe a hive of activity with all the staff working towards the same goal. Making Voyager Life a CBD Company to be proud of.
RKB
PS As there was no RNS issued yesterday, could we receive not only the GM update but some other news?
Sipiem Court Case €11 million
From the PRN news issued on Wednesday there was something that has not been fully understood on our Bulletin Board.
“The Appeal Court did, however, grant the remaining Sipiem defendants’ request to enjoin enforcement of the judgment against the members of the internal audit committee and the main defendant’s family members.”
After consulting my daughter who is a qualified solicitor (in Scotland) what this means is that there is an injunction now in place in favour of the remaining defendants and the main defendants family.
This is really the son of the bad guy, who is doing everything he can to retain his inheritance which is Ondaland, the Water Park.
But a little legal eagle has investigated this, and this “Injunction” was lifted yesterday.
For too long, there have been forces working against ordinary shareholders who have taken advantage of “Insider Information” I am saying today, we have won the €11 million (this includes my estimate of interest etc) and after my meeting earlier this year with FG, our BoD have a robust system in place to collect the full amount of the award.
RKB
Poor Corporate Governance
With today’s placing, there has been poor Corporate Governance in my opinion.
The BoD should have had in place the Authority to issue shares without resorting to a “Stock Lending Agreement”
Why does Paul Griffiths have to charge 4% over Sonia?
As Predator Oil do not pay a dividend, then Paul Griffiths, is “not out of pocket” while he has “Lent” his shares for personal gain.
This 4% charge could and should be re-considered if shareholders contact the BoD. If you let this go this time then you will see it happening in other Companies.
RKB
PS The current Sonia Rate is about 3.927% so Paul Griffiths is really getting 7.927% (it may go down a little before shares are transferred) This works out at about £7,850 per month. All because of poor Corporate Governance.
Vascular
You obviously do not communicate with our BoD, I do and did.
You will have to give up your day-job as you will have to spend 24/7 on our Bulletin Board as our share-price increases.
I would like to say it was a pleasure knowing you but that would not be true.
RKB
Financial Institutional Investor
With a new Investor, investing £560,000 in Chill Brands Plc, I believe we will see other Investors buying in-to the vision that our CEO Callum Sommerton has for our Company.
Earlier this week we had a TR1 from Lloyd Leckerman with 7.74 million shares which is now 2.96%
Our Institutional Investor has 16 million or 6.13%
Taken together, these two Investors currently have 9.1%
Ox Distributing LLC (Eric Schrader’s family) now has 10.25%
Antonio now has 2.66%
Trevor now has 2.66%
The total for the above is 24.67%
Currently almost 25% of our current shares are held by BoD, one private individual and one Institutional Investor.
RKB
PS Now what would you say if it turned out that one of our Partners that will list their products on the unique www.chill.com website was to become a substantial shareholder in our Company? We will just have to wait for the TR1 to find out.
Ondaland
Tyke68, If you knew QBT’s (CLP) history then you would know who “currently” owns Ondaland. It is a father and son. Think God Father and Michael Corleone and Sonny.
Michael is the sensible one and the brains and Sonny is the head-strong one and does not get to Pension age.
FG has always coveted the Water Park Ondaland.
Regardless of who pays the award of the Venice High Court decision on the Sipiem case, the asset that was misappropriated was the Water Park.
The Water Park is valuable and profitable and it has not been “sold” or “transferred” (public information is availbe if you do research and have contacts in and around the Mediapolis Land area (I still talk to the person that I met when I visited the land and the Water Park)
To be crystal clear, I believe we will either receive the €11 million in cash (that my estimate with interest after doing further research and canvasing Italian friends) or we receive Ondaland along with some cash.
RKB
Quantum Computing £2.5 Billion
Chancellor in his Budget announced at 1:15pm today:
UK Government now going to have a Quantum Computing strategy and a Quantum enabled economy by 2033
£2.5 Billion for Research & Innovation.
RKB
PS Surprised at the pull-back today after going over 2p. Obviously the sellers have missed one major thing about the guilty Sipiem Defendants (who lost) If you only knew who the major guilty party was and what they own, you would dive in.
SVB Bank
The dividend and capital repayment were to be paid on or “around” 14th March 2023 so hopefully it will be paid tomorrow 15th March 2023.
I contacted the Company a couple of weeks ago to inform them that there was one RNS missing from our website.
After explaining via email and in a phone conversation what RNS was missing, the website was updated the next day like they said.
Yesterday LSE had dozens of RNS’s issued on many Companies about their relationship with the failed SVB Bank.
If you had taken the time to plod through each and everyone of the RNS’s you would have gained (in my opinion) good Corporate Governance of Companies informing the Market their exposure or lack of exposure to SVB.
You would also have had access to information as to what Banks the Companies had Banking Facilities with and also their cash at say December 2022 and last Friday. Knowing what cash they had last Friday is “extra” information that would not normally be in the public domain.
One share was suspended on Monday: POLX (due to a $12.5 million exposure) and fortunately the suspension was lifted today.
There were one or two shares that I found interesting as they had no debt and no relationship with SVB. I will do some research on them.
RKB
I said when I would post and as there has been no communication on the Options then nothing to say.
I do talk to Steve and Addison.
Looking in it would appear Ed Eddie Edmund Edward Eddie563 has trouble sleeping, maybe put your footstool away and go to bed with your comforter.
I will go and look for a utube mining video to put Eddie563 to sleep hopefully permanently.
RKB
Observation
I have a historic interest in CIZ due to my involvement in its previous incarnation.
If I was looking at Cizzel now I would have observed from the most recent Annual Report that the BoD salaries were too low.
Allan Syms Basic Salary £70,000
Nigel Lee Basic Salary £22,000
John Treacy Basic Salary £25,000
Dawn Coverley Basic Salary £25,000
When I have sight of the Annual Results to December 2022 and if I continue to observe good Corporate Governance I will consider re-investing.
I wish all LTH well.
RKB
PS Including LtdKnowledge
General Meeting
There is a General Meeting on Monday 20th March 2023 in Perth, Scotland.
The purpose of the GM is to basically approve 3 Resolutions to complete the Fundraising from late last year of the CBD Extraction & Manufacturing Facility in Poland.
Two of our BoD are investing £200,000 in total, but due to the FCA Rules there has to be a GM to facilitate a Rule 9 waiver from the Takeover Panel.
All Shareholders should vote (in my opinion) for all three Resolutions.
As the GM is in Perth, you may want to attend in person and meet the BoD and have a tour of our set-up and have a chat with our staff.
RKB
PS Remember the previous owners spent about £17 million on the Land & Buildings and fitting out the state-of-the-art facilities that we acquired in Poland and we only paid £1.5 million.
AA4 Reseach
I have completed my research on Amedeo Air Four Plus.
I have an excel spreadsheet detailing from 2015 to 2023:
Share Dividends paid
Capital Redemptions paid and about to be paid
All Quarterly Reports
Directors’ details
Extract data from Annual Reports
TR1 notifications summarized
BoD Share Transactions
Aircraft acquired & sold
For reference:
Dividends paid to date and March 2023 are about £237 million
Capital Redemptions to date and March 2023 are about £156.5 million
I have provided this information to a few friends and I am prepared to share to anyone who reaches out if they can find me on Twitter (not hard to find, just DM)
Today is the last day before we go ex-dividend.
Please DYOR.
RKB