Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I agree with most of that, krautyankee.
I'm particularly fed up because I made the right bigger-picture call in late September (Bitcoin oversold, hefty rally incoming) but entirely the wrong action in response (took a huge Argo position.) By the time I corrected and moved into US-listed miners instead, I'd missed most of the rally. I ended up making £20k or so when it should have been four or five times that. For me, making a short-term call with that sort of upside is rare, so it's very frustrating to have missed out.
Still, I did well in Q1 with Argo, and my decision to exclusively buy Argo in September (due to the relative undervaluation) was greedy rather than sensible, so I can't really compain.
For now I'll play with the US shares a bit in the current cycle, and look to move into Argo in the next one.
"the biggest revolution in technology ever witnessed on this planet"
That's a hell of a call! Very significant certainly, but bigger than the industrial revolution? No :)
I must say I do agree that multiple clerical errors in RNSs is a bad look. It's hard to imagine a FTSE-100 company getting a number out by a factor of 1 million, or getting a ticker wrong. Does it really matter? Maybe not. But it's amateurish in the extreme.
If Mt Gox held 1 Bitcoin of mine and lost it, I'd want 1 Bitcoin back (pro rata based on their recovery proportion.) I don't think that's unreasonable. Why should they benefit from the price rise, it was never their asset!
I don't blame 'em. If the terms are as reported on the Youtube video a couple of days ago (based on Btc value in 2014 with the balance going to the Mt Gox guy, rather than based on number of Btc lost) then they're farcically unfair.
I can't be entirely impartial having divested myself of all crypto a few days ago, but it's not looking like it was the worst timing ever. Although things can change direction extremely quickly. I wouldn't be at all upset if this proved to be the springboard for the next leg up; I've made my choice for now, but I don't want anyone else to lose out.
It's not about what I'd prefer, HGN. But all things being equal, if we can state convincingly that we're green, that *might* have positive consequences and *won't* have negative ones.
PIs in general won't care, no. But companies, pemnsion schemes etc are increasingly subject to ESG constraints and being "provably green" could end up being a competitive advantage that matters in terms of attracting institutional investment.
Last try.
If someone said "the construction of, and purchase of furniture for, my new house" would you read that as saying they are constructing their own furniture? Or that they are constructing their house, and buying furniture for it? Note the positioning of the commas.
Hi Jaybike - I did, yes. Not through concern about ARB (it does look like the longstanding lack of interest in ARB is showing signs of disappearing), but just from concern about the direction of travel of Bitcoin in the short term. I could well be wrong, I'm very far from infallible! I expect I'll be back at some point, and if I've missed the boat, then that's OK, I've done well here.
Magnum - I'm sorry but you are reading the sentence incorrectly.
"the construction of, and purchase of mining machines for, its Texas cryptocurrency mining facility"
Can be rewritten as :
"the construction of the its Texas cryptocurrency mining facility"
and
"purchase of mining machines for its Texas cryptocurrency mining facility"
Interpreting it any other way is just silly I'm afraid. Read what's there, not what you want to be there.
Better read as "the construction of, and purchase of mining machines for,". Two clauses, each referring to "its Texas cryptocurrency mining facility".
This is definitely not a statement that Argo are building their own mining rigs.
The uncrossing trade is the definitive closing price, which was £1.40. It doesn't mean anything now though, you're better off following the US ARBK price while their market is open (currently $18.94, which is also equivalent to £1.40 in London.)