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When that second tranche 6 million odd went to Pluto I’m sure from memory PW mentioned that Pluto were listing on a certain month
@lemmyaquid
If you’ve watched any other QnA with Peter that has been asked and the response is that it’s Plutos responsibility to release information not ARBs. ARB are invested in Pluto as we are in ARB. We wouldn’t go on record releasing information about ARB. It’s bad enough here without going on record like that.
Maybe you need to re- read previous rns’s , there iare some clues in them,
RBL of sorts via 2k HODL worth $300m @ $150k BTC?
You get that the next move from the money guys will be BTC being used as collateral for loans, yes?
The dilution is just to let the "market" guys in at the bottom ahead of the multiplier.
I think my question would be.. "Peter.. Wtf"
Its all well and good saying quarters and years but why then should I keep my money in Argo right now and not just leave it and come back in quarters, maybe even years.
Does he regret the nasdaq listing as we could of just done a share issue on lse. We are small fry on nasdaq and treated as such.
How on earth are e going to pay for 200mw mining machines, what's the strategy.
We would do better raising funds and just buying btc.. Why waste the electric.
How can the team get the share price to 250p so I can bail out and invest in a mining company with a might more aggressive hashrate plan
beneficial
Possibly, although I'm not sure there's any way of making a sizeable dent in the hundreds of millions of dollars required without one of the "big three" options. If they can come up with something better though, brilliant! But please, no more dilution. I'm not against it in principle for genuinely value-enhancing purposes but it's abundantly clear that the market doesn't agree with me.
@ Amanensia
"Funds for Texas rigs can only be raised by pulling on three levers: dilution, borrowing, or selling the HODL."
Are not mutually benefifial / creative deals with other actors, including investment and hosting possibilities, alternatives that maybe could also be considered?
My question would be:
Funds for Texas rigs can only be raised by pulling on three levers: dilution, borrowing, or selling the HODL. There are perfectly logical reasons to take the first option but the market has unequivocably told you that that will not be taken well. Can you now give an assurance that the borrowing lever, if necessary secured against the HODL and repaid from increased mining revenue (not sale of the existing HODL), will be the method of choice going forward.
Q for Peter.
Re our investment in Pluto. There is lots of rather anecdotel comment on how well Pluto have been performing of late. Are there any actual stats available on their performance or estimates on share price? Any news of when the IPO might happen?
Posted on reddit in the last hour:
“Viridi Funds will be Interviewing Argo Blockchain CEO Peter Wall. What questions do you want us to ask?”
Note: Interviewer is the creator of $RIGZ fund.
“We expect to interview Peter this Friday and post the interview on YouTube next week.
You can follow our Twitter account, www.twitter.com/viridifunds for updates on when the video is live.”
“Any questions for Argo or Peter can be posted as comments below and we will collect them. “
https://www.reddit.com/r/ArgoBlockchain/comments/qbdsxo/viridi_funds_will_be_interviewing_argo_blockchain/