Member Info for Bananaman2

Massive today just on LSE. Well over 40m and only 300m shares in issue. Demand is massive and when the OTCQB listing is live its going to get bigger.

Perfect storm brewing with BTC price up 50% from December and an additional 70% hashrate online by February.

It will not be long. Days. Literally days.

When something has a run up like this it inevitably has to take a breather. Profit taking and consolidation is all part of the process. How low anything will go from highs is dependent on a number of things. EQT and news flow being the most important.

If something is undervalued its undervalued. Doesnt matter how many multiples it has done already it doesn't have to stop until its arrived at its destination. Still massively undervalued against peers. US will help achieve parity.

Was thinking that actually. Its a good point. 1430 then !

Thats why the OTCQB listing is so beneficial to ARB shareholders in the UK.

Its coming, maybe not today but it will be very shortly. It was 'next few days' last week.

PHE use a licencing model and produce H2 for sales predominantly targeting transportation such as hydrogen vehicles. EQT generate syngas from the gasification process which is used to generate energy in the form of electrical or heat. Alternatively can be just piped back to grid.

EQT are not just an IP or proprietary equipment manufacturer (don't believe they actually manufacture it anyway) they are also an owner operator and will benefit from construction revenue, energy sales, equipment sales, planning and development revenues achieved to financial closure plus operations and maintenance.

Both companies utilise waste plastics with EQT using a range of feedstocks including forestry waste, municipal waste, olive pumice and general other waste of a carboniferous nature.

Very different companies

I am 100% behind AFC but do hate a sharp rise in SP as it often leads to a sharp drop. Happy with where we are currently but do see this moving back up and expect some steady PR and comms from AFC with the new recruit on board.

I'm no chartist but I also think it must have bounced from the 50 fib retracement between 36p and 94p at around 65-66p. Gap is filled. MM's have been desperate to get that closed.

Unless he is an industry expert on green tech or renewables, which he isn't, then he is not worth listening to if you are an investor.

BTC has risen but only broke $20k on the 14th December and $25k on Christmas Day. ARB sell the coins on the exchange as they are mined and HODL a number at the end of the month. With an increase in mining difficulty, plus 30 BTC HODL'd and a £1m gross profit at 60% margin based on average BTC of around $22k they have done pretty well in December. January will be better and February will be better still.

Adding 4500 machines (increase of less than 25% in numbers) but increasing hashrate by 70% as a result will improve margin. That is what ARB are all about.

I have a feeling that ARB will add further machines later in the year. Not just the 4500 machines they currently expect to be operational BY February.

Jayblu. Correct. With only 4500 additional machines adding to 16000 (near 25% increase) the hashrate will increase by 70% so expecting a sharp rise in efficiency. Also expecting some rise for January to include these or some of the additional machines as they will be 'fully operational BY February

Another £1m in the bank this morning

Getting there then.

I've noticed a lot of noise on twatter today about top slicing and selling EQT. I think we all agree its had a great run from 0.5p but is it not just getting to a value that it should have been at anyway ? Only ITM have a commercial pipeline to match EQT and their MCap is 15 x that of EQT. You hear many saying EQT is overvalued its overbought. Is it ? Why ? you never hear an answer from these statements. Reason being is they often can't explain why because EQT is not over valued or over bought, it in a re-rate. We may see some consolidation but I will not be selling any shares to reinvest in the next best thing. I am sticking with this for the long haul. Maybe with the 13 financial closures this year EQT will not ever need another placing again. Construction will be financed through the SPV's. Its been an exciting run but 2021 is only just beginning and so is the focus on the sector. I would not want to be bailing out anytime soon. Companies are not valued on PE alone, you have to consider the IP, the future potential and market size and the ESG credentials. EQT has them all.

December update may be RNSd tomorrow

Duke, can't listen to any of them. When I think of industry expert I do not think TW, Gary or Doc. Just traders in either direction and don't look at the underlying value of a company and the size of the market available.

Simms45. Great post and very true. I have not sold a single share and intend to see this through at least the next 12 - 18 months.

Just listen to this. The guy start of by saying he has sold many stocks through being impatient and traded out. He wants to do less trading this year. Then follows with 'He would not touch PHE with a barge pole as it needs to cool off' similar comment re EQT. Why can people not accept the fact that the SP something has come from may have no reflection of true value of a business. Switched off after that. Not sure who they were but the explanation of the Wood group JV was not even correct.

Precisely that Albert82. The US market will have to take out of the UK pot. Strong demand from there will inevitably push the UK price higher.