Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Try getting on a train, and asking the driver for your destination of choice, route of choice, speed of choice, select the fellow passengers etc not happening is it.
Same with investing. Argo is Argo, you invest in it, or not, you get a tiny say which you use or not, and someone else gets to drive it.
If you don't like the train, arrange to alight.
I get that getting on a train and it changing the deal is annoying - but I don't feel that's happening. "We're a Blockchain compsny" has be repeated many times.
i am here for btc argo mine the pluto i dont care about its just noise to me
as long the sp goes up i am happy
Pluto may even list late March, love it that we have warrants to exercise too.
Every 'dilution' ARB has done so far has added value seen in the market cap. The fact that other companies have more or less shares that ARB is irrelevant, it is all about market cap, ARB can do a 10-1 share consolidation, it won't change the market cap.
Thought = though
Perhaps worth noting ARB has doubled their initial investment thought, and Pluto is rumoured to be listing end of April/ early May, don’t be surprised to see this investment double too! Perhaps if I told you that the money that Pluto invested from the first tranch, their worst investment 13 bagged, does that focus minds why ARB invested.
Its diversification in the “crypto” space. Pluto is not just about proof of stake in bitcoin. Anyways, I m not interested in herding opinions. People are welcome to think independently and make their own decisions. If you feel its a terribly run company with endless dilutions, feel free to sell. Hold, go short, long, trade whatever. Its decentralised decision making ;)
It's not diversification if a crypto miner (price action dependent on bitcoin's) buys into a crypto investment (price action dependent on bitcoin's) incubator.
Diversification would be if they received shares in a regular online payments firm in exchange for helping them work with crypto payments. This is peak ICO BS territory. Every dilution is stealing growth from existing investors. I know ARB don't want to sell their crypto now when they could get far more for it later. That doesn't justify an endless sea of placings eroding value. We're multiples of what our competitors have in terms of issued shares already. When Bitcoin crashes (as it always does) these shares will flood the market. Peter knows all this but they do it anyway. He probably knew about these issues when they put out the vote for the GM. He probably knew about these issues when him and the other directors sold their shares recently.
Lotto, I agree fully. PW has made so many good calls in a short space of time, i am surprised some people are doubting him. The rate of change is phenomenal, thank goodness we have PW as CEO
yeah good points they want to branch out in the defi space but but crypto is cover with the graves of crap projects that have failed. With this be any different only time will tell. I dont really care as long as they keep there btc dont sell them and growth their mining space i will be happy
Let’s agree to disagree. ARB cant afford to remain a pure play on bitcoin. Assuming bitcoin is cyclical, most people are keenly watching S2F type predictions are looking at September-Oct for the peak of current bull run. Whilst ARB is eyeing up the next 5 years, 10 years and beyond. I m sure most long term investors hate the way our share price yo-yos when bitcoin fluctuates. Its value needs pegging more diversely to avoid the tent blowing away lol Pluto is absolutely the direction we should be taking one could argue. It is going into incubator projects, DeFi, proof of stake work. Look at the explosive growth in DeFi in the last year, and we are just scratching the surface. They intend to hold assets like Bitcoin and Ethereum themselves (so some of our cash will go towards that too). On the topic of risk, yes it is all high risk, but I believe there is a paradigm shift in how money is getting allocated towards riskier assets such as bitcoin going forwards. Just my two pence. Please DYOR
With diversification means we start to not be just a bitcoin tracker doesnt it, as long as its successful.
bascially it looks like they rised 8 m for this pluto thing and then more cash for other things.
Pluto is high risk and high likely hood who knows if it s a succed or failure more start ups failure
where bit coin now is the sure bet that needs doubled down on