Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am invested here, just don't post much now and just look for the odd bit of useful info on boards amongst the ramping and deramping. I am after any tech minded members advice on this, looks a lot faster than our proposed offering?
https://www.theblockcrypto.com/linked/123505/bitmain-new-bitcoin-miner-150-terahash
Been investing for many years but this SP pattern is very odd, supposedly 95% of trades today are sells so can only be a persistent seller, never senn that level and coincides with BTC at an all time high currently $62,612!! guess the day traders have left for a dabble in coinbase or valereum but we are now at a great point with this company, no debt, great holding of BTC in tha bank and the figures next month will be improved yet again. Also like the fact we have retained 25% in Pluto, that is a very wise investment in the proof of stake side of crypto.
Moog
Finding it hard to believe buying 430,000 shares @ 13p, so you took a £56,000 initial gamble and have not sold any shares to cover your initial outlay??
So you are now a millionaire at current share price, and still posting on here.....hope they are in an ISA!!
Ah ok thanks for the clarity, still plenty of upside with those mining margins even if BTC takes a temporary fall, although with director options being exercised we are quickly hearing near 400 million shares after the AGM vote for new shares.
Hi Argonauts, been observing for a while the mixture of ramping, ill informed and some informed posts! but glad to be invested in this well run efficient company.
Based on the RNS 03/02/21 we had 787 petahash, these new machines now online will add 430 petahash a 55% increase.
We mined 93 BTC in January, multiply by 55% is 144 BTC mined per month in future based on the excellent 71% mining margin, the latest info I could for RIOT in Nov 20 was quoting a mining margin of only 38% for January to September 2020...still another 5,500 machines to come online by end of Q2 ??
Morning, if you have done your research then you will appreciate this is a good developing company which will either be taken over or have a cash injection from a new partner to fund more wind farm projects. NAV 53p, Directors and II's paid over 80p for these not so long ago.
I note your post at 0812 today on here "you guys are doing a great job of ramping...considering the SP isn't moving at all...how do you manage to create so many posts with so little substance?? I'm impressed! " Have you done any research on this Company?.....NAV 53p, revenue almost doubled from H1 to H2 in 2009, cost reductions being implemented, 2 memo of understandings signed for a total of 250mw of capacity, todays RNS "we have signed an exclusivity letter with a company to allow due diligence to take place".......either way be it a takeover or new fundraising partner will only add value.....this has been over 80p a share last 12 month with a low of 19p.............DYOR.
I note there are only currently 25,508,980 million shares in issue giving a market cap of £5.75 million. 35.73% of these shares are not in public hands = 9.114 million................ therefore only leaves 16.394 million shares in public hands to trade.....volumes ramping up and todays RNS will only get more interested.......NAV 53p! 841k volume traded today on LSE, is this traded through plus as well? Total share volume traded on LSE 13/1 = 83k Total share volume traded on LSE 12/1 = 222k Total share volume traded on LSE 11/1 = 310k Total share volume traded on LSE 10/1 = 53k Total share volume traded on LSE 7/1 = 2k!
Nice profit from yesterdays close of 5.5p! http://www.investegate.co.uk/Article.aspx?id=201007300700172118Q