Member Info for Suthy

It’s like ARB went from …. bloody mobile phones

It’s a tricky one , knowing when to sell. It’s like
went from 3p to £3 I think. There are loads of
investors who would have sold up around 30p ish or
below. I have a target here where I think this will hit and
I will try my very best to get the timing right

22Starship22- Yes thats right. Although most shareholders here are quite patient and are just waiting for news like everyone else. The board used to have a lot of activity which has petered off until the real news hits. We have all establised the share price is going nowhere until FG wants it to lol

We just have to ride it out until FG is ready. Patience is the key requirement with shares (the ones you trust that is)

Absolutely, it’s all guesswork

FG will be aware he has to deliver news to move the share price. But not expecting much until end of July 22 as per RNS.
Back to my day job , catch you guys later

My bet is we will receive news back end of July . If that is the case then it could be an interesting August and tie in with the 5p options . News will have to be special.

One thing we have seen in the current market is that news needs good to move the share price and any vague statements will not be enough. I am intrigued by the 5p options period closing in a few weeks. Let’s see

Plutuq- yes that would be nice, it would be just under 5 weeks since the last RNS , so it will depend on whether there has been any progress during this time. Not sure it is quite enough time but let’s see.

Yes Plutuq- they have to release the financial accounts by tomorrow at the latest I believe. Not sure whether it will be boring numbers or some extra information in their about progress,

This is what happens when loose timeframes are inserted into RNS’s , investors start over analysing it. I am relaxed as I feel this will do it’s thing when the time is right and we have to be patient . However, if I had to guess late July is where my money is but who knows

Yes swerv agreed, but what is not clear is whether it forms part of the 2 month testing process. The safest thing to assume is that the testing continues until mid-end of July 22. Thats how i have it at the moment

Absolutely Sebo i do trust FG and he comes acrsoss as a very clever and wise man. This industry is a shark infested one and very lucrative. He does not seem like the type of individual who likes releasing RNS's just for the sake of it.

"During the next two months, the Company is aiming to get theoretical evidence of whether the number of Qubits available on the next generation of commercial quantum computers (expected to be released into the market in 2023), will be enough to sustain the Company’s full SHA-256 computation."

I am not sure what the above means exactly lol, but i take it to mean they are testing over the next two months.

The last RNS stated testing will take circa 2 months. Its best to use the use the information contained in the RNS.
I agree on the patents , it would be nice to have this second one lodged, which is probably linked the testing results.
I am expecting real mining (fingers crossed) by end of July 22. (may be a week or so earlier if we are lucky)

Thanks rockfordd. The last RNS was on May 23, so it all depends on whether there has been any developments since then.

If they have mined it will more likely be in the annual report a month later. It is too early now, I don’t think the testing phase is finished yet

I asked about the financial accounts

I enquired about the final results this is the response I got back“The company has until 30 June to post its final results on RNS. The annual report will be printed and posted within a month of this date.”

PAS - exactly what most LTH investors are waiting for. The board used to have more LTH investors posting but they have now on the sidelines waiting for news as there is not much left to say now until news comes in.