Husband, father, Preacher of the Word and a student. Learning is all I keep doing, I've unlearned a lot and I'm ready for more. Gunner for Life.Jay Town!!
You all remember when I screened the Dangote Refinery a while back and told you it was on track to comfortably pass the Islamic equity screen? We have a massive update on that.
Davido earlier, leaked an official application form showing the private placement price is locked in at $0.35 per share, which is about N480. Based on this private leak, financial experts are now gauging that the public IPO will likely be priced between N600 and N800 per share.
Let’s recalculate what this means for our previous screening, using these actual numbers.
1. The Business Activity Screen (Passed): The refinery doesn't deal in interest, gambling, alcohol, or pork.
2. The Financial Ratio Screen (Passed): This is where the leak is crucial for us.
Before now, we used the conservative $40 billion valuation floor alongside the refinery's freshly consolidated $4 billion senior syndicated loan (the one underwritten by Afreximbank and Access Bank). That gave us a debt-to-market value ratio of 10% less than the standard threshold of 33% needed for a stock to be halal.
Now, the leaked share price perfectly cements the targeted market valuation right within the $40 billion to $50 billion range analysts have been projecting. This proves this ratio is now a structural reality.
3. The Revenue & Liquidity Screen (On Track): For a stock to be tradeable, its liquid assets (e.g: interest-bearing cash and receivables) must also remain below the 30% to 33% threshold of its market capitalization or total assets to ensure the company isn't just trading paper money.
With the refinery now fully operational and generating massive commercial cash flows from actual fuel sales, its revenue and asset structure is overwhelmingly dominated by halal trade, thus, keeping any potential purification ratio completely negligible (<5%).
The leaked share price proves that the refinery is sitting in a very safe, compliant position across the board.
For those asking where to put their money to build sustainable, asset-backed halal wealth, this upcoming IPO remains structurally sound and legally compliant.
Keep your eyes on the timeline, and prepare your money. Wealth is coming 👏🏿👏🏿
@CaptJamyl
Nothing wey no happen for church today, this is Pastor Eneche of the Dunamis church…just try watch till the end or just fast forward to the end 😭🧎🏻♂️➡️
That's why we don't want Arsenal to win anything in this life.
Bcs tell me what in the world is this beautiful song from Arsenal fans
As much as I h@te that they won the league I can't help but dance to this beautiful song.
Nonsense team.... Gbedu for days!
Hi #cPenNetwork community,
We’re updating the Chasepot reward structure to make participation even more exciting:
🎁 New Partial Match Rewards
• Match 5/6 → 30 USDT
• Match 4/6 → 3 USDT
• Match 3/6 and 2/6 → unchanged (free entries)
🤝 New Ambassador Bonus
If you are a cPen Ambassador and your referral wins in Chasepot:
Grand Prize
• You receive 20% of the processing fee
→ Equivalent to 2% of the total Grand Prize
Example:
If the Grand Prize is $50,000
You earn: $50,000 × 10% × 20% = $1,000
Partial Matches
• Match 5/6 → 6 USDT
• Match 4/6 → 0.6 USDT
⚠️ You must participate in the round to qualify for the Ambassador bonus.
🔍 Transparency & Fairness
Chasepot is designed to be fully transparent and verifiable on-chain:
• Winning numbers are generated using Chainlink VRF
→ No one (including the cPen team) can manipulate the results
• All entries are synced on-chain
→ Fully traceable and verifiable
• The treasure pool and transactions are on-chain and auditable
🌱 An Ongoing Experiment
Chasepot is the world’s first free on-chain lottery-format sweepstakes*
To our knowledge, the first free-entry, lottery-format sweepstakes where entries are synced and draws are executed fully on-chain.
There will be challenges, and we will continue to iterate, improve, and refine the system over time.
Thank you for your continued support 🙏
cPen Team
A small team with a big dream
~$6,594 Grand Prize. And it's a FREE draw.
New Chasepot Round 20260413 is LIVE! 🍀
Grand Prize: 4,040 USDT + 4,213,260 CPEN
~$6,594 at round creation
Entries close: Sunday, April 19
🔄 This round, ~$1,000 worth of CPEN tokens in the treasury pool have been replaced with 1,000 USDT.
Chasepot is a free draw for eligible users in the official cPen app. No purchase necessary. Just pick your numbers and enter.
📊 Previous Round 20260406 Results
Winning Numbers: 3, 15, 27, 31, 36, 43
No one matched all 6 numbers this round.
The grand prize rolls over and grows even bigger. 📈
🏆 Partial Match Rewards
5/6 -> 1 winner -> 30 USDT
4/6 -> 53 winners -> 3 USDT
3/6 -> 715 winners -> 3 Free Entries
2/6 -> 5,229 winners -> 1 Free Entry
Match 2 or more numbers and earn rewards.
✅ Ambassador Bonuses
4 Ambassador Bonuses were earned this round.
Refer friends through the Ambassador program and earn bonuses when they win.
🔒 Provably Fair & Verifiable
Winning numbers are generated using Chainlink VRF for verifiable on-chain randomness.
All entries are synced on-chain before the winning numbers are generated.
Verify the previous round:
https://t.co/cBCbYLwmMP
📱 Want to participate? Download the cPen app and get started:
https://t.co/CCTqLpWon0
⚠️ Eligibility: KYC verified, 18+, active mining. Availability may vary by region.
Good luck everyone 🍀
#cPenNetwork
Hi #cPenNetwork community,
We’ve made a major update to the cPen Wall: pricing has been significantly reduced to make it more accessible for everyone.
for the next 3 months:
• 1 Week: ~$4
• 1 Month: ~$10
• 3 Months: ~$25
We also want to share how the system works behind the scenes:
• 🔥 70% burned automatically (reducing supply)
• 🤝 20% to Ambassadors (referral rewards)
• 🎯 10% to Chasepot (community prize pool)
All advertisers go through cPen Liveness Verification, helping keep the cPen Wall real and spam-free.
Burn tokens → Earn Dan → Post on the Wall.
We’re continuing to refine this system.
#cPen #Web3 #Crypto