Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think something similar was mentioned in one of the articles I read (CityAM I think??)
It makes sense and actually encourages sustainable growth. Tbh if people got their head around a few drops like this and continued to hold their shares it may even create a much less volatile SP rise/flattening/drop. I get it when you’ve been spiked and you’re looking at losses but thanks to cryptorus it’s definitely opened my eyes more to the gradual trickle of sells around this time the last couple of months.
So why are you here then?! Clearly the people investing ultimately believe that Bitcoin will rise as it is accepted by wider public/institutions.
You obviously don’t, none of us need your help managing our bank accounts so why not head to a board and talk about a company you do believe in?
If you take a look at the daily BTC charts almost the same thing happened last month. There was obviously the trace back around the 11th Jan when ARB dropped but again if you look at 19 - 21 Jan you'll see it happen again.
The price went up five fold in a matter of a couple of weeks with BTC adding nearly 30k in that time too. That was after a much harder drop than the one we're seeing at the moment.
I stupidly sold up at 68p and then bought back in at 78p and now I definitely won't be making that mistake again. Unfortunately there's a lot of people out there trying to scare people to sell for kicks or to drop the price.
Chill, go for a walk or whatever. We'll have a rising BTC soon, good monthly results and sellers looking to buy back in. All good in the hood!
Trying to get my head round the tech a little bit. I was looking on the website and have seen that one of the products is a construction site application OnSite ID. Am I right in thinking this is essentially an encrypted digital wallet that an individual can upload documentation to which can then be verified by administrators/those with ownership rights?
Most construction sites (that I visit) have tended to opt for the scanning of documentation upon induction and then linking this to a biometrics system for their access control. Just trying to get my head around whether this is a similar technology play?
From the trades report:
2021-02-22T16:30:00.967 GBX 265.013 873 2313.56349 Off-Book XLON
2021-02-22T16:30:01.100 GBX 270 370 999 Off-Book XLON
2021-02-22T16:30:02.177 GBX 270 200 540 Off-Book XLON
2021-02-22T16:30:02.507 GBX 265.25 400 1061 Off-Book XLON
2021-02-22T16:30:04.027 GBX 270 3683 9944.1 Off-Book XLON
2021-02-22T16:30:04.390 GBX 272 15000 40800 Off-Book XLON
2021-02-22T16:30:04.717 GBX 265.25 100 265.25 Off-Book XLON
2021-02-22T16:30:07.733 GBX 272 15000 40800 Off-Book XLON
2021-02-22T16:35:00.883 GBX 268 48777 130722.36 UT XLON
2021-02-22T16:36:30.833 GBX 270.75 50000 135375 Off-Book XLON
2021-02-22T16:36:38.473 GBX 287.124 19959 57307.07916 Off-Book XLON
Compared to where we were a few hours ago it's still been a pretty decent day. I think just like we did back in Jan we're beginning to see the new minimum level being set and it's a lot higher than the 60p we were bouncing off.
Hopefully things will settle down the rest of the week... We do seem a bit unlucky at times when it comes to dropping a great RNS and then some BTC/market madness.
To Friday at 1200.... BTC @ 52678 USD.
It's having a bit of a clear out/swap over! If you've got some cash knocking about then make the most of it and top up. It's all good! Sometimes some of the reaction to slight changes is real storm in a tea cup stuff.
We're sat at over 250p a share! It's fantastic compared to last month and no doubt by the 22nd March we'll be close/ahead of 400p a share.
Seen quite a few posts over the weekend about 400p prices tomorrow am etc. Whilst I’m definitely as optimistic as most on here it does occasionally have a negative impact on other people, particularly those that have expectations of 30% sp games day on day.
So in the words of Jules in Pulp Fiction “We’re gonna be cool”. We’ve invested our money in a very well run organisation headed up by a (from what I can tell) transparent, hard working and intelligent CEO. The company he is in charge of specialise in the mining of an increasingly valuable and popular digital asset and we do it very well.
If we don’t hit 400p then don’t worry, the companies fundamentals haven’t changed.. well other than being even better! A delay here or there is nothing in the grand scheme of things so sit back, relax and enjoy the show!
It’s a few pence a share... do you really think MMs are trying to play this at the moment!? Every board on here has this suggestion and some possibly more than others.
This has dropped because there’s been profit taking and I’d imagine people that have bought shares for the first time after the excitement of GameSpot and this being a “cannabis” company thought it would make a shed load. It hasn’t so they’ve sold and as it’s dropped more have sold so they don’t lose too much money.
It’s also why US and AUS have acted differently to the “new kids on the block”.
I have a decent amount (for me) here and having read the prospectus, RNS and considering the potentials in the market think this is a very good share and likely to make some good money but it will take time.
Came across Yu after the RNS and bought in when it dropped down to £2 after a bit of proper research.
Very pleased I did and really do see a lot of potential over the next year or so. With other investments in some more erratic shares it’s been good to have one that goes about it’s business relatively quietly. Been some really insightful info in addition to my own research.
GLA
If they are that unwilling to wait a few days for ARB to release (what appears to be a very, very likely) RNS announcing their application to be listed on NASDAQ then never mind. They can sell some shares and pay double when it’s announced.
The lack of patience at the moment is ridiculous really. I’m not sure whether it’s been fuelled by the GameSpot pump but people need to relax, take a step back and look at the bigger picture.
- Likely listing to NASDAQ imminent
- Arb hodling BTC which is increasing by the hour
- New premises and mining facility announced
- 70% profit margin
- more machines on the way
- The acceptance of BTC globally
- increasing price of zcoin which Arb mine
- investment in other highly regarded crypto/blockchain companies
If people want to sell to buy $70 Riot or whatever else then crack on. But just like we had here in the U.K. last month a few of them are going to look a bit silly all because they haven’t seen daily rises of 30%
Looking forward to the next couple of weeks as we solidify our position and move up in price. Still ahead of my first target/milestone of 400p before April.
Well the last seven days have been a lot better than some of the previous seven days we've had! I said this morning i'd take 250p (obviously before seeing BTC go on a bit of a stomp).
Positives for me is ARB value goes up (remember they HODL these coins as well as mining), the US market can do a bit of their magic and help to gap up next week.
Also the big thing for me.... A few weeks back and I was looking at where we'd find resistance and a base to move north again. At the time it was about 65p!!! Looking at the last 48hrs and in particular today we certainly seem to be bouncing back at 250p whenever it drops at lunchtime.
In the words of Kevin Keegan "consistency is king" (he didn't really say that but I can imagine it).
Here's to Monday!
Not had a chance to properly look today but as my post yesterday evening thought we’d see us down and then back up, hopefully finishing at this price before the weekend.
I know BTC is on a flyer but if we can stay there or there abouts come US open we should hopefully see things steadily rise into the weekend. We’ve had some dumps on a Friday before but fingers crossed we’ll see a decent close.
Maybe I’m a glass half full but I’d have taken 250p close today if it looked like we’d found our new base to build from. Anyway let’s see what the next 2.5hrs brings!
GLA
Similar, possibly a bit lower than close today. Forgetting the day to day stuff I was thinking a bit more about this while putting the stuff away from the dishwasher (no butler here).
I don’t see the price consolidation or alignment an issue with the US. It’s already been commented on these huge variations and gaps which (in my opinion) have fuelled some of the wild swings.
In my limited time with ARB (Dec onwards) we’ve actually done relatively well when we have aligned more and then gone on a bit of a run. It’s very similar to early Jan.
Now for me... (and apologies if this seems negative) but if we end the week similar or even between say 250ish up with BTC similar or slightly lower I’d say it’s very positive. I’m looking for what our next base is to go from and from 60 odd pence a couple of weeks ago to say 250 would be fantastic!
I’ve said before I think end of March for £4 and I still think it will be there by then if not earlier. Potential news including a listing on Nasdaq plus the Feb update will help things along nicely.
Argo is navigating things well!
04/02/2021 - Closing SP of 96p
11/02/2021 - Closing SP of 134.50p
18/02/2021 - Closing SP of 280p
The SP has grown hugely in just a matter of a few weeks and unless you've been massively spiked just chill out and hold. As has been said on many, many occasions there's loads of upside on the horizon.
Take a breather and enjoy. We've got a couple of weeks until another operational update and potentially news on a Nasdaq listing. Don't fall for the drops during the middle and end of the day and just ride it out.
Just like clockwork! Price drops 10%... people sell up and it's all done and dusted in the blink of an eye.
I'd be more concerned by some huge drop in the US than the daily shenanigans going on here at the moment. Fundamentals haven't changed and they hadn't when we went from 140 to 68p
It's aaaaalllll goood
It might be worth taking a look at previous RNS over the last 6 months to read why the SP may have increased so quickly.
Add to that the likes of Riot and Mara who have also seen huge growth in their SP over a similar period. Yes, ARB SP will move with BTC but it’s moved (up/down/sideways) when BTC has been relatively flat too.
Personally I think you’re taking a far too black and white view and I think it still has a way to go to reach a fair SP based on BTC, the company’s future plans and the market price of competitors (not to mention market sentiment).
It's been a great board since joining a couple of weeks ago. 240p saw me triple my investment having initially bought in Dec and topped up in early Jan when things spiked a little. There's been some great posts on here and it's certainly feeling like the start of the journey.
I've said before I think we'll see £4 relatively soon and £8 by year end. The fundamentals of the company, the size of market, appetite etc. will see this continue to rise. Maybe we'll see some drops but we've seen that already and this has a looooong way to go to match the prices of competitors.
Thanks for some of the informative posts which have kept my hands away from sell, whether you realised or not.