Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Eddie - I am keeping an open mind
The sale and repurchase was effectively a secured loan
MCS bought at 3p and are selling at 3.115 (representing a 5% yearly interest rate on the initial purchase price of 3p).
If there is a further extension then maybe the terms will be adjusted ?
Regardless this will not affect the share price as they are not being bought on the open market.
Its been extended once already but guess it could be extended again
He sold 5 million shares at 3p in December 2021 to raise funds for a tax bill and is due to buy them back on 30/09/22 for 3.1125p (extended from June 2022)
Good post 600. Listened a few times now ...
Sounds to me like we have results and we are deciding which way to go next (which means that the results must be positive IMO)
How about this for a takeaway from FG:
''WE ARE ON TRACK AND VERY OPTIMISTIC''
2 weeks to FG Repo - Strong Buy, Strong HodlI
Zimbo
Positive testing is double figures. As 22 states, what does the first digit begin with ?
Personally, I am 90% out if/when this hits around 15p . I'd leave 10% in as could ultimately end up anywhere, the potential is huge. But nothing is certain
I wish you well
Court case outcome and appointment of a new director in the next 3 months will keep this at minimum current levels until the end of the year IMO (without testing results)
Testing results could mean price is absolutely anything between 1.5p and £1
I am prepared for all outcomes so I don't need to hear 1p or 6p from you thank you .
Coming on here predicting the share price to go below 1p before the end of the month without any supporting information is not helpful
If you listen to the interviews from Monday you will know that we are testing and are awaiting the outcome
Pedro
QBT have one bitcoin patent application relating to bitcoin mining
https://quantumblockchaintechnologies.co.uk/patents-ip
They are currently testing other methods and we are waiting for the results