Member Info for Billfunk1

Exactly RookieInvestor. Now run the figures for $100k btc. $300k bitcoin. And a Nasdaq PE. And a big leveraged expansion like Mara?

£3.50 is nice 2021 target with sub $30k bitcoin and 1075PH in the pipeline.

I would be very happy to borrow as much as possible in inflationary fiat, buy miners and print new bitcoin with it. What better use of a dying money system?

As I have said, the British Treasury should do the same thing (only skip out the mining part and buy the btc directly then hodl).

Saylor is a visionary here.

I didn't say it was a myth, I just noted that there were only 1.84m traded yesterday so the market is still dominated by London.

I'm still seeing $0.75 from last night. It takes about 10-15 mins to update. I'm expecting 45-51 cents

I cross ramp on stocktwits all the time. But it's mainly crypto to crypto and i am usually concise - a meme, or one liner highlighting the proposition. I wouldn't cross ramp a crypto stock on a real estate board as I am not a massive *******.

People who cross ramp tickers only are simpletons IMO.

And I'm still waiting for a proper summary of this NPR stock from today.

So come on then lads, if you're going to cross ramp, why don't you at least give us the exec summary of the investment opportunity?

"Lads, yeah check out HJR, check out LOP check out WRS"etc etc. Is just fu;cking lazy. If you are going to cross ramp at least have the basic decency to be informative and concise.

How many PH are NSF producing currently and what expansion plans do they have?

Lol. I bought some Microstrategy off the back of this pour encourager les autres. Up 30% since. I emailed my MP a few weeks ago and told him to tell the Treasury to exchange their worthless Sterling for bitcoin. They didn't. Apparently it's all under control.

The biggest currently is BTBT BitDigital with 2.25EH valued at $460m

The problem with them is that almost all of their mining operation is within a country world famous for stealing from Western companies, China. Also what is their 2.25EH operation worth if the CCP decide to turn off their power supply?

They are undervalued for a reason.

Meanwhile, all of Argo's kit is safely in Canada on plentiful hydro electric.

https://www.otcmarkets.com/stock/ARBKF/quote

$0.75 at close in US yesterday. About 55 pence.

I don't think OTC Pink has pre market trading either.

Yanks won't win this battle today. There was only 1.84m volume over there yesterday. Mostly <10k trades.

The key thing over the next week or so is getting the London volume up so we can f.uck off these 20PE dinosaurs and hopefully replace most of them with Americans and serious British investors.

Put it this way, Riot are currently valued above $1bn. They currently mine 550PH. Now this will be increasing to 3800PH in October and the market is pricing this in to some degree. But there must be some risk that bitmain fail to deliver this extra capacity.

Argo meanwhile currently produce 645PH and have 1075PH at their fingertips, yet are valued at $150m currently. Plus we mine 5% of global ZEC. Which is why I think the value arbitrage here once resolved put us on about $350,

Factor in $100k btc, a nasdaq listing and a further expansion and we are looking at billions. I mean Riot are already there and they mine less than us!

Not sure about PE 20, but even if that was true it is still cheap in this space.

Mara was trading at 195 forward PE and Riot somewhere close to 100 i think.

But London market thinks 20 PE is expensive. That's exactly why we need out of this market.

Tommy - I am looking for $350m here in fairly short order.

Mara produce 180PH rising to 1.28EH in June, 3.56EH in aug and 10.34EH in Dec 2021 - for $780m MCAP
Riot produce 550PH rising to 3.8EH in Oct 2021 for $1080m MCAP

Argo produce 650PH rising to 1075PH in Feb, currently $130m ish.

Mara and Riot are largely bets on the future ability of bitmain to deliver them ASICs. The beauty of Argo is that we already have most of production on tap. I see us trading at perhaps one third of Riot/Mara price - roughly $350M MCAP or just under £1 a share with btc = $27k.

With BTC = $100k ,a Nasdaq listing and future expansions I see several billion dollars here within a year or two. £10 a share.

Hopefully the OTCQB can get us to $2 a share and PW can get us a NASDAQ listing!

So this was bid up to $220m in US yesterday. At $220m it is still well undervalued versus the US crypto stocks and somewhat undervalued versus the Canadians. So, although it was low volume yesterday, the valuations of those buying were still realistic compared to every other crypto miner in the world.

Then we start trading in the UK and within a few hours $100m is taken off the MCAP. I get it. There's more liquidity here and people need to top slice etc etc. But sadly for you guys, we can see how all the other crypto miners in the world are valued and we know London is filching us.

As a Brit, you have to ask yourself why you have your money in a market that is going to screw you out 40% of the value of your stock.

What the UK dinsoaurs may not realise is that Argo is a gateway drug for many to the US markets. Many people who bought Argo years ago also bought Mara and Riot in the US and they can see how these companies are valued in comparison. They can see how hard the US stocks run in comparison to their UK counterpart and they will have learned that the 1% max FX charge is a very cheap price to pay for these US stocks.

So, well done, London zombies, for chasing this UK capital away. Enjoy your giggles with Argo because after this, many of us won't be returning here.

That would be yesterday, clairesmith

The question is what will the Americans make of London's performance this morning?

https://www.otcmarkets.com/stock/ARBKF/quote

Anyone getting in under 55 pence is getting a boxing day sale here.

Surprised someone who was in this space would make such an impertinent assumption.