Member Info for Triggerboy

I was aware we mined ZEC but didn’t realise we had 3% of the hash rate ? Anyway just done a quick fag packet calculation and that means we are producing over 1000 coins each month. Not a lot of cash but if we are using the old kit it’s definitely a revenue stream. I would like to see more on the application of older kit to mine alternative crypto and just HODL on the balance sheet.

BTC just broke the $10k barrier wonder what tonight’s trade will bring us in the morning

I presume they are using the old machines to mine zcash which isn’t a bad idea as extending the life of kit ? Also price is only going up so I’d not sell any of it just HODL them and see what happens. Surprised more miners who’ve switched off haven’t moved in alternative crypto in the short term

Nearly fell off my chair when just checked this morning, let’s hope this is sticks and doesn’t slip back....

Idoit...same thoughts but would include thoughts around buyback and potential dividends. Anyone else got thoughts around subjects to pose questions for ?

Idiot...I’m with you not adding anymore as way over my own rules on exposure to a single stock but I do believe in the fundamentals. Just wish it would edge up to 6p in the very short term to make me feel less exposed. It can work it’s way to 20p over the next 12 months !

I take it you’ve got quite a few questions for the AGM ? Fancy sharing on here so can make sure avoiding duplication but also make sure covered all bases ?

Being as your the only person who attended last years AGM I know of you should have got an invite by virtue of sticking with it !!! Lol

Idiot...did I read right in the RNS that 2 shareholders were going to be able to attend the AGM ?

Well looking at the buys to sells today massive imbalance and if right roughly 2.1m bought and 150k sold and price is stuck at -2% for the day. Think most people who have looked are saying no stock to buy, so only conclusion I can make is someone is accumulating a position ? Which for me a massive positive and means we may start seeing some positive moves upwards next week (providing BTC price doesn’t move back over the weekend)

Well I’m back in profit as of today, amazing was 90% down and couldn’t be bothered selling £300 but bounced back nicely.....just goes to show got to take the long term view

I’ve just checked couldn’t even buy £500 worth, tried dummy sell and would take at 4.18 so bid is going up. Makes me wonder is someone building a position as weird to have a falling SP and nothing to buy ?

Agree splatted but I tend to only read the regular posters and if someone who don’t recognise I don’t pay much attention.

The only thing I would say is it is hard seeing all the other shares that I’ve bought since March flying and Argo flat from when I started buying again. Particularly when I decided to put £30k in to ARB and only £10k into GGP just after the covid impact !

Agree SP needs to treble to be avoid being an easy takeover target.

Not sure dual listing will help and would add an added complexity in the short term.

Agree HODL of coins going forward if we don’t need to sell to buy more machines is a good call given that we are all banking on BTC price increase I. The next 12 months.

Really would like to see a Q&A with someone off the BOD to share thoughts.

For me the last 24 hours have delivered everything I’ve been asking for with the exception of SP going up to 20p !!!

Extremely good RNS for the month, top end of most people’s expectations.

AGM announced and BOD have understood shareholder concerns around depressed SP and addressed with announcement around option for share buyback.

BTC generally heading in the right direction, don’t think many of us want to go in a vertical line as other miners will start up again.

But yet the SP has dropped, I think 2 options...people don’t understand the business or someone wants the SP to stay at this level ? I’m sure most of us can see the strong fundamentals and that’s why we’ve taken such large positions so therefore increasingly I think someone is trying to get us on the cheap. Hope I’m wrong but think the quicker this goes up the better.

Totally agree with what’s been said already been said this morning. Very well delivered RNS (and agree with Trek whoever wrote needs to write going forward).

Coins mined top end of my expectations, margin not bad all considered but most pleased that they are HODL coins now. £1.93m of revenue. Really positive so I would expect a positive move in SP but not sure it will happen !

Found it difficult to read on my phone so apologies if misunderstood but does it say 2 shareholders have been invited to attend ?

I think at current prices a 10% buyback is an absolute bargain, think been discussed before (I know not everyone would be a fan) but I think would help lift the SP. Also could be left in treasury and sold back to market at a later date as I understand it ?

Even allowing for depreciation asset base worth at least 40% more than current market cap. In reality if you want to buy a miner without all the hard work of setting up, buy Argo ! Need SP above 8p to make this less attractive an option ASAP....

Surprised no mention of putting the AGM on line in some way ? I’m sure must be a away of allowing shareholders to participate, especially as some really big questions (well I know I have).

Wondering what I’d missed as no RNS ? Sort of given up on this one as was 70% down but hardly worth the effort to sell luckily bought TXP at same time and that went stellar so more than covered all my losses. What’s driving the increase can’t just be sentiments around covid....