Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can’t make tax free gains on crypto ??. I’m in since 36p and i must admit am disappointed with the performance lately considering the great news we have had and the position the company is in currently. However I think the recent performance is down to a number of factors one of the biggest being the seed investors moving out and holding the sp for so long it really took the wind out of the sails. I am confident that at some point soon as with all crypto related stocks and coins etc the attention will move and it will be our turn again. These stock won’t stay down forever IMO I bet this is that the lucky sods felt like back in December...
Wouldn’t make a difference the mining difficulty would just increase. A miner can only increase their btc mined by taking % of the available btc by increasing their hash rate to gain a % of the active hash rate the actual amount of btc mined per day wouldn’t change.
Jesus Christ bitcoin takes a little dip and the board is full of fear and all the ****roaches come scuttling back out.... CHILL OUT!!! Bitcoin goes up and it goes down for Christ sake even if it did retrace to 48k which let’s be honest isn’t that far away wouldn’t be the end of the world we mine at like 7k cost per btc still making 41k profit and will be mining upwards of 180 a months! 7.4m per month in profit from btc alone so even with a sp of £2 the pe would only be 8.6.... WE ARE UNDERVALUED
The sp only goes down if you listen to the rubbish people spout on here and you don’t understand this space and fundamentals.
Where were all the deramping ****roaches when we were rising? Nowhere to be seen what does that tell you!
I wouldn’t get too caught up in what the usa are doing at the moment. It’s difficult for them to top up in comparison to the U.K. their fee’s are much higher so unless their buying big doesn’t make sense and OTC isn’t easily accessible. The U.K. is sailing this ship at the moment and I don’t see that changing until we hit nasdaq where we will be added in smaller chunks to many many portfolios. #bullish
Tall chap, all the miners are down maybe not as much as arb until today but go check the us prices we are outperforming them all today. It’s their time to bleed more while we get a break, this market will turn and when it does people will be tripping over themselves and paying whatever price they can to get back in. When this share starts to move it moves in leaps and bounds.
I’m super jealous of anyone buying at these prices if I had any more to buy with I would be, unfortunately I’m all spent up (am considering selling out some crypto to move into arb as I can’t believe it’s actually so cheap) this is the point where buys look back saying I’m
Glad I did and the others look back saying I wish I did. GLA
Multiple reasons. Seed investors offloading their shares which slowly ground down the sp causing panic selling, badly timed dilution when btc started to make a run causing our sp to stagnate again causing some panic also some shorts taking place in the US most likely the large investors making extra while the force the price with their sells. On the flip side though lots and lots of great news that’s been overlooked during the last couple of months. Take a look at the rns’s
The seller who has been holding us down has either finished or decided it’s not worth selling at these prices now, not sure why everyone is so surprised given at these prices we were higher previously
People post so much rubbish on here about btc without actually doing any form of research etc.. do you actually know what your invested in or did you just jump on the hype. If this hit £1 would be absolutely crazy btc hit this price last week and the week before that.... and that’s if we actually fail to come back up to close the cme gap which is super unlikely to happen especially as btc is forming a bullish divergence as we speak....
Wish people would give up spouting rubbish without doing any research at all it’s so frustrating how uneducated people are about btc and crypto in general when investing in miners...
https://m.youtube.com/watch?v=etUTo6_FtKE&t=919s
Give this a watch guys he always talks sense and always the first to give the facts without the Rubbish.
Just whales takeoff advantage of the weekends low volume to liquidate greedy over leveraged long positions so they can get some cheap BTC...
We will likely recover quickly and we should come
Up to close the CME gap where we closed on Friday.
Don’t panic too much guys zoom out they do this pretty regularly even in the bull market they do it to liquidate shorts.
Barney R
Nice post and I feel your pain I’m not at a loss as I’m LTH but watched my profits erode to the tune of around £50k.
Once the sand settles we will have a new base for the next leg! Chin up couple of extra drinks this weekend