Tony, my response was to a comment that suggested there is no...

Tony, my response was to a comment that suggested there is no correlation between the asset value of ICI and FFG SP. Apparently ICI and Minerium aren’t assets until we exit them and have no impact on FFG SP despite being listed on the companies balance sheet and a 4yr trend line that evidences a SP correlation.

l haven’t bothered correlating the SP, SOI at the time for either company nor FFGs interest in ICI pre or posts Abelco, nor market sentiment about FFGs ability to derive recurrent income. The point being the assets FFG are invested in and their performance have a material affect on the FFG SP, in the absence of a basic understanding of economic principles the trend line over 4yrs supports this.

This is no different to Minerium except the market is in the dark about what this asset is worth on the basis of past announcements. An increase in $BTC will increase speculation, results will ultimately inform SP. I don’t know how Minerium is performing so it’s hard to put a value on it to FFG SP. In the absence of a market update the next half yearly report and balance sheet will offer some clues.