Member Info for Arkonite

Most DSO from the majors in Pilbara is < 60%. No issues here.

Iron about to breach $200 & Silver about to breach $27.
DXY encountering headwind!
UFO looking the best AIM bet to benefit here. Not to mention the Donovan 2 gold/copper.
Looking like a good couple of years here!

Been lucky as my average was 7p until recently.
Topped up at £2.25, £1.98, £1.75 & £1.50 on the way down the last week. Now at a 45p average.
Hold more shares than on the way up which is the main thing.
Thank goodness for the Bitcoin mining FUD, was waiting to hop back in fully!

Albert - snap thought exactly the same thing! Pop is the soul to ARBs SP movement!

Deals are a two way street. If it was as simple as a loan then ARB wouldn’t be in the picture. Naive to think that Argo is not in a crowded market space where time and expertise are paramount - currency less so...
Now obviously this was the negotiation that needed to be done to secure the deal? Regardless of free market, cronyism etc...

If you can’t tell I’m quite fed up with this whole ARB tracking BTC price action chatter...
End of the day we’re profitable over an $8k BTC.
Not much more to say.

Anybody found information on how much more energy efficient these will be over the Antminer S19 Pro.
The company seem to be going places as the SC200 they produce is 60% more energy efficient and with 4x hashrate of the competition for SiaCoin.
The company is also partnered with Luxor, so I can see where this is going.
If these extrapolate to the ASICs too.....
No wonder Perry is excited!

Keep your ear to the ground and I’m sure we’ll get a broker advisory through the usual sources.

In terms of DeFi /NFT in the LSE space:
Poulden vs Bixby vs Yaqub
All directors - I know who my faith is in.
GLALTH

For everyone whinging about the funding round and dilution etc, wait until Pluto Digital IPO and we at least 10x our investment in them.

GLA DYOR IMO

Regardless of the fundamentals of Bitcoin mining - you forget that Pluto (whom we own 25% of), are primary strategic investors of YOP (Yield Optimisation Platform).

This has a fully diluted MCAP of ~$250m through token release.

This is without app release or any AUM.

My opinion, but this is going to dwarf our earnings through BTC and ZEC mining this year.
Multibillion dollar asset platform in my opinion. And Argo are going to reap some major benefits!

Everyone DYOR - I know DeFi takes time to understand and research, but it is the future! We haven’t scratched the surface yet... PW is very VERY savvy...

Nice one Sajid - Ever tried selling on Aquis as a PI when something tanks?

Yemaj - Nothing against investors, but a BOD & team without the technical fundamentals re: crypto/blockchain alarms me is all.
Pluto on the other hand....
An easy rule of thumb for me is: follow the CEO (knowledgeable, profession, personable), make your choices, live with the consequences.

PW - not a foot wrong from the start in my book, although there will be some naysayers re: timings of announcements. How else can you build a billion pound company in 12 months from ~£10m. Smashing job in my opinion.

GLALTH, Arkonite

Wouldn't trust Richard Poulden, David Lenigas or the rest of them imo tbh.
Looked overvalued yesterday already with no fundamentals.
NFTs are a sideshow. DeFi and store of value narrative prevail.
Just be cautious for sideways action or a 2013 correction now that NFTs are everywhere.

TheeDuke - good to see you and reminisce about those days!
Honestly you, Albert, Pop, Trek, WMS and the rest kept all of us looking to the horizon on the dark days.
To think of where we have come from boggles the mind!
Long may the bubble of all bubbles continue!
Cannot see the Fed, BoE, IMF or any other cronies take crypto anywhere but higher.
Have taken some off the table to significantly increase my PM holdings, but ARB is still the major player for me.
NASDAQ seems logical to me. COIN IPO will catapult...
GLALTH

Reminds me somewhat of the inverted price action to BTC spot we saw in the 3-7p range. Similar duration accumulation to then too...
I.e. Large seller in the background. Poptimist at the fore!
GLALTH, Arkonite

Seeing as we’re a 25% investor in Pluto.

Food for thought if you were wondering about the hype:

https://youtu.be/RqfU7imeQG4

GLA DYOR

Taking with it all the deadwood...
Thank goodness we can get the BB back in order!

Thar she blows.... ARB follows!
GLA

Spot on - I’m with you on that one, just added another tranche at 214p. Holding on the rise again...

You too Muscles - Good to be back amongst all you Argonauts!

Have been keeping an eye out on the BB for you, splatted, Albert and the rest from back in the day. You guys really have held strong. I found £3+ a little too tempting though. (There are only so many multiples you can stay all in for)

The retrace is just too tempting to buy back in, and my profits are straight back in at these prices!

Time will tell, but with YOP about to launch their app, the Pluto link, and Texas plans this has gone beyond a pure PoW play. The defi sector, and PoS sector await!

GLA! Arkonite