Member Info for Suthy

ACE- absolutely and the other miners quotes are doing it in a labour intensive way. My understanding is that Qbt will mine in quite an efficient way using probably their own patents. I don't want to get too carried away but if you look at the last RNS the word "step change" were used with respect to Bitcoin Mining and i beleive that this is what FG is working on. The testing going on in the background now is crucial.

Obelix- exactly if an RNS lands that we are mining or even going to mine in the next few weeks +patent news +Enivronmental impact savings+increaeses in speed. All these items will see a significant increase in the share price.
I could mention lots of other things like AI etc....but thats enough for now lol

If Qbt does actually start mining in the next couple of months then the market will have to re-rate the share price as Qbt will become income generating which is definitely not factored into the current market value. Any progress of environmental impact and speed will be a game changer

Yes Obelix that would be nice, Qbt will get there. I do believe that Qbt is up there with one of the most innovative companies on AIM in an very niche and lucrative market. Amongst all the toxic posts on ADVFN there were some good ones a few days ago, which quotes three junior BTC miners all being valued at between $900m-$1.3bn. Qbt is around $27m and will use its OWN patent.

I just topped up with 465k shares at 2.24p could not resist. GLA

Qbt is holding quite well, considering. Looks like Arb’s results were not great.

Thanks rock , appreciated. If not on the open market then i suppose it will not have an effect, although from a PR perspective it would be in his best interests to release some good news

I am not sure it answers the question. Can you purchase that much above market price?
We are currently at 2.3p and FG is purchasing ar 3p ?..

Addison- I am not entirely sure how the repurchase of shares works, maybe someone can enlighten me. Does the share price need to reflect the repurchase price? or can FG just go ahead and purchase the shares above market value?. I remember someone mentioning that FG will buy them back from an investor?

Lash you are absolutely right, we will probably be taken over by then

BTC will find its feet eventually, more focused on the short term news coming out of Qbt, that will be the major driving force. Although, as it looks like QBT will now start mining at some point so we will be tracked against BTC .

Depends who you follow, those tracking the Elliot Wave show that the bottom is
still not there. There will still be short term turbulence, however the next bull
run should be a good one. Not sure about the $100k anymore for this year anyway. You never know BTC could surprise us, but for now BTC is under pressure

Looks like BTC has dropped over night. Currently $29.4k.

Agreed Crocq- if you look at the board over the last few weeks most of the key posters like Fig, Quant etc...do not post much as they are probably waiting for news like the rest of us. All this daily analysis of the share price is a completely pointless waste of time.
However, when news does land and if it is good news i completely agree with you the change in share price will be dramatic. So all to play for but just very boring waiting for it.

Not sure Willow he will note that he can buy it on
the open market for less. Money is money as they say.
I agree with the concept of future value as well. He
will take a longer term view.

Oh well so much for the surge. The surge will come here in a big way but will be
driven by news IMO. FG is buying 5m shares for 3.15p in two weeks that will be
interesting. I am pretty sure he will release something before then to bolster the share price just my opinion

Anyway near 3p and I would be pleasantly surprised

I don't see it, but you could be right. Come on FG give us some news....

In terms of a breakout, i think it has been mentioned here many times, it will require a solid RNS which i am confident
will be the case and hopefully BTC will be higher aswell. I think FG is aware of this and he tends to play things quite
cautiously until he has his ducks in a row. Unfortunately, that dreaded 3p barrier will remian here until we get this.

Not one penny of mining revenue has been built into this market cap. Even
announcing the fact we have commenced mining will force a rerate.