Post by
Skeltic on Dec 31, 2020 4:41pm
One answer
While we wait for the financing to happen somehow since this is a disrupter company now. Why not by and store BTC on the balance sheet? Would do 2 things. Would make a great return plus you can get interest on your coins if you store them properly. Plus the free press and the ability to get BTC exposure without figuring out BTC for average investors. Might open LUC up to a new demographic of investors
Comment by
Gerrywerry on Dec 31, 2020 5:49pm
An answer but not to my question. Anybody actually have an answer ?
Comment by
Gerrywerry on Jan 01, 2021 5:21pm
I’ll answer my own question , we can afford the expenditure but it depends on the depreciation and amortization charges for the next five years . I was looking to see if I could find out these charges but no joy, anyone know the figures?
Comment by
tadjames1 on Jan 01, 2021 10:41pm
Gerry, have you ever considered emailing the company or calling them ?
Comment by
Gerrywerry on Jan 02, 2021 4:40am
Hi James , did that a few times but they just referred me to the pre feasibility study and that's not an easy read .Il try them again next week , last last year depreciation and amortisation was over 50 million which seemed huge to me .I don't understand how the number varies so much .
Comment by
tadjames1 on Jan 04, 2021 1:11pm
Ask to speak to the former Queen herself.
Comment by
Nosleep on Jan 05, 2021 12:56am
you want a struggling diamond company to risk investors cash by putting it into cryptocurrency near the top of an epic run? sure it could go to 50k or 100k, but it could just as easily go to 10k. Yikes.