% OF FLOAT SHORT
17.8%
float: 227.67M
SHAFT against the company itself
0.00%
of the market cap of the company we drill for. Not the enemy — the deposit. The enemy is one plate down.
There is no bar because there is no coin. This is the most honest chart on the internet.
- 1%A TRACE ASSAY
- 10%ECONOMICALLY VIABLE
- 50%HALF A MOUNTAIN
- 100%ROUND TOP
Shares of USAR sold short
40,500,000
One in six floating shares, sold by institutions who believe the hole has a bottom. It does. It is twelve hundred feet down and it is full of dysprosium. These are the ones we are here for.
DAYS TO COVER
2.98
three good shifts
POSITION VALUE
$730M
at the on-chain price
SETTLEMENT
AUG 14
new numbers in ~10 days
Shares vaulted against shares owed
Robinhood says each stock token is backed one-for-one by a share held in custody. Measured against the short pile, that comes to this much.
0.151%
61,204 shares vaulted on-chain
40,500,000 shares owed by shorts
- 0.01%WE ARE SO EARLY
- 0.1%THE NEEDLE MOVES
- 1%CNBC ASKS ABOUT CHINA
- 10%MARGIN CALLS AT DAWN
- 100%FULL EXTRACTION
Drawn to honest scale. The ore is down there. We are so early.
The price of the chair
0 shares
The treasury holds one tenth of all SHAFT and converts it to stock. At a market cap of zero that buys nothing, which is precisely what we own today.
Five percent is where the law makes them notice us. To get there the coin must be worth $2.24 billion — half the value of the company we are trying to own a twentieth of. That is the price of the chair.
- $45M0.1% — A NAME ON A LIST
- $448M1% — THEY LEARN OUR NAME
- $2.24B5% — WE FILE THE 13D
- $4.48B10% — WE ARE THE COMPANY
At five percent the law requires us to tell them we are coming.
We intend to comply. We intend to do it in crayon.