Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Mrtibbles
Yes I read that link prior to posting that's why I put grey area in my text.Not sure whether it just a applies to results rather than trading updates etc and what is known and expected of the companies revenue etc
In view that brokers are putting Cey up around the 1.50 mark then even with good news I dont think it would go that high with the current Pog
Taken from last rns
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in March amounted to £6.57 million (February 2021: £4.34 million). Argo generated this income at an average monthly mining margin of approximately 84% for the month of March (February 2021: 81%). This takes Argo's mining revenues to £13.4 million for the first quarter of 2021, the Company's most profitable quarter to date. This income has been generated at an average mining margin of approximately 80% for Q1 2021.
13m revenue per quarter if Btc stays the same so let's say 60m for the year
How do you get 105m profit
Mrtibbles
It wasnt really a discussion just there opinion its just that the hotel i go to has coach parties from Austria and Germany during the quieter months normally April,May time which was just prior to the vote
I spend alot of time in Cornwall under normal circumstances they get quite a few people visiting from Germany.Last year there was even a German film crew around Fistral beach filming a drama
When we had the Eu elections the ones I spoke to all said that the UK would be the first to leave the Eu and then Germany would follow let's wait and see