Member Info for andinio

I was one day early adding @ 5.80p
Grrrr.

Added 68,536 @ 5.8p
Weak BTC. Will the trend take it below 7.2k? I'm thinking, not. We'll see.

Here's a thought.

Quote:
Argo expects the amended order will be delivered in batches from early December this year and will increase the size of the mining estate to 17,000 machines or 640 PH by the end of Q1 2020, increasing total mining capacity by 240%"

By the time of the forthcoming halving ARB will be operating 17,000 miners with the majority having achieved 100 percent payback. Those not having reached 100 percent will be very close.

Regardless of where you see the price of Bitcoin before/during/after Bitcoin Halving ARB will be running at MAXIMUM CAPACITY (17,000 miners) with minimal cost exposure from hardware.

Thanks Idiot441. Appreciated.
Broker Note:
http://www.alignresearch.co.uk/wp-content/uploads/2019/11/Argo_Blockchain_Align_Update_November_2019.pdf

Woodie.
You're entitled to post positive or critical comments whenever you want.
There are a minority here who display a lack of integrity. Don't be bullied.

I was thinking the same.
Recent uplift is without the usual herd rushing in. Boads well :)
Patience pays.

There is also a campaign screenshot for Britvic. Perhaps they already tweeted about it. If they did, i didn't see it.

Link to Britvic campaign screenshot
https://devclever.co.uk/wp-content/uploads/2019/10/Britvic-Refreshers-Screens.jpg

Renroc:
https://devclever.co.uk/wp-content/uploads/2019/10/Star-Wars-Galaxys-Edge.jpg

No idea.
I noticed the campaign screenshots added to Dev's website upload section. It may be a campaign for a tour/flight operator.
Perhaps it's a campaign that didn't see the light of day OR is yet to start OR we missed it.
Nice to see 'something' is happening with Engage product.

Walt Disney World's Star Wars: Galaxy’s Edge, an All-New Land,
Is Now Open!

Dev appear to have been commissioned for Engage platform campaign that i hadn't previously noticed.

Picture IMage
https://devclever.co.uk/wp-content/uploads/2019/10/Star-Wars-Galaxys-Edge.jpg

In terms of the forward trajectory of the business IMHO the people who matter have confidence, seemingly in abundance.
It's not uncommon for the share price to come under pressure (or experience uplift) not directly attributable to the underlying business.

Amendment.
change my 0.01p to 0.001p

The major slice of the 90 million shares (allocated Dec 2017) were allocated to directors and founders. The remainder (approx 45 million) going to early investors/supporters.
If any from that early @ 0.01p allocation are selling, my estimate is the current (recent/current/short-term) potential exposure in a worst-case scenario is 25 million (12 month lock-in concluding in July 2019) which takes into account some early investors eager to sell would/could have exited several months ago (with their six month lock-in ending Jan 2019).
IMO Andrew Frangos is definitely a candidate for selling post lock-in. His holding was (or is) 4.5 million.

Greenwood are one of the five trial partners of VICTAR product. Have been all year.
Featured in recent Trading Update.
The issue isn't Greenwood's praise or association for VICTAR, its how certain members of this forum have spun it into something it is not to satisfy their agenda.
Renroc seems to demand facts. Well, it is NOT a fact that Greenwood's 35 academies are commercial users of VICTAR. Until Dev or Greenwood announce it, suggesting otherwise is pure speculation beyond the facts.

Renroc says:
"I've been in various DEV private groups with him over the last 6 months and he's never vanished anywhere and has constantly posted and discussed Dev in them"

Dear, oh dear. It's far worse than i originally thought.

Taken from Interim results:
"Generated £1.4m of cryptoassets in June 2019 from a total of 5,000 machines in production at the end of 30 June 2019"

As i said previously, if you believe in the future of Bitcoin as recognised store of value then we are near the lower end of a buying range.
Buy on fear, sell on greed.

I also wanted to raise a note about a statement made within the last RNS:
"Argo is also pleased to report that, further to its announcement of 28 August 2019, 1,026 S17 Antminers that commenced production in late May 2019 have achieved a 100% payback on their investment."

5 months runtime to reach break-even on installed equipment!!

In the U.K It's normal practise - when buying Bitcoin Antminer - to calculate anything around 11 to 13 months of mining before reaching break-even and achieving 100% payback.

ARB have reduced the time to zero out equipment costs because they have
A: Strong purchasing power when ordering mining equip.
B: Good timing, leveraging into rising Bitcoin pricing.
C: Access to cheap electricity.
D: Managed costs across the board.
E: Enhanced miner capability wherever possible.

Credit where credit is due. It's difficult to find fault with the management.

It's being ramped up to then sell down - as per usual.

This isn't a vote winner. The British public are not stupid enough to think broadband would be free. They know full well they'd pay five times as much via another tax mechanism to get a free broadband connection.

Honestly, Parliament and the politic establishment are over the cliff. One stupid statement after another.

I expect telco shares in UK to fall tomorrow AM. If you have a telco stock on your radar you've just been handed the buying opportunity of the year.

What if Labour win??? Don't worry. Corbyn is your guarantee that they wont win. If Corbyn becomes the Prime Minister, holding telco stock will be the least of your worries.

Lord knows.
The trades are there but become meaningless if the trades are .... well, meaningless :)

Roughly 1 percent of Co purchased in three trades.