Member Info for BuyMeAnother

Wish I was with you but I need 18p to get out.

Not prepared to average down any more so hoping there is a raft of good news in the near future... But hey ho... Could be here saying that this time next year

I'm hoping the next news will be announcing production restart at Keddington and Taylor-1 being confirmed to be commercial.... Kinda think those RNS's are imminent and should drop any day now

Going by previous Spudding / Drilling updates could be anything from 8 days to over a month.

How long after spudding will we get a drilling update hopefully confirming J31 is commercial? Any ideas?

RNS of 20th Nov stated "Galaxy did not intend to renew the contract beyond the current end date of 28 December"

RNS of 7th Jan stated "the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day"

This means Argo must have been using Helios for 30 days in December... Not 28

RNS of 2nd December stated that the $4.2m subscription funds 'will help drive the potential relocation or sale of mining equipment currently at the Helios'.

Without any confirmation that Argo have stopped mining at Helios, can we assume they continue to mine while they decide how when and where the equipment will be refurbished

Argo website https://www.argoblockchain.com/our-operations

Indicates that "Argo currently has ~2.4 EH/s of hashrate capacity operating at the Helios facility"

I think we need an urgent update to tell us what the current status is. How many of the 23,619 S19J Pros are still mining at Helios?

I'd hope to see a SP rebound on the next trading update. Should be due early March. Can't forsee any other significant news on the horizon, however current SP is a good buyin price for first time holders in my opinion who are prepared to wait.

Weather forecast looking good for the next 10 days. The more I read up on this the more I'm convinced this could multi-bag over the next 3 years. Confirmation that Jackson #31 is commercial will set the scene for the rest of the Galactica-Pegasus campaign. Confirmation of the ML for Rukwa in the same week could be very significant for SP movement. All eyes down for incoming RNS at 7am very soon

Not surprised by the drop here. It's a typical pattern when good news is followed by a spike. SP is now at my buyin price on Monday. I checked out the customer product reviews on the Walmart website and they are favourable. Price point seems quite low compared to similar pricier products, which is driving sales and that may bode well for long term growth

Guess the RNS headline said it all!

Argo Blockchain website still attests to the facility in Texas. Are we still mining there or is the website wrong? This could be very misleading to investors

https://www.argoblockchain.com/our-operations

I think a bid is unlikely until we get an idea of how well the products have landed in Walmart and Germany. That could be another 6 months away.

For now I've sold my holding after a quick punt. 20% up. May come back in if this retreats to 20p but for now I like the look of Taylor Wimpy for my next short term punt.

Read the RNS!!

"post-Restructuring total gross debt (including new funding) will be approximately US$250m"

Agreed re: 90% on losses. I've averaged down to 18.6. Any sign of positive news from Taylor, Diana, etc I'll average down again as it's the only chance of getting out of this turd. That said, 9p could be a good entry price for any first time holders willing to take a riskier punt, in my opinion

I've taken a punt on this. First time holder. Liked the fact that they're expanding into other retailers. Took a walk into Boots today to have a look at the products on the shelf... Not that this kinda thing is my wheelhouse per se. Up 11% in a week. Anticipating another blip upwards next week and then will probably take profits.

The OTC market for EEENF is always a good barometer for what 88E might open up on Monday. Interesting to see it's been holding on to the gains the past 5 days, despite the OTC volatility. If Burgundy stick to their word and pay what they owe come Feb, I'll be feeling a lot better about this for 2025. Trumps Alaska policy may prove to be a catalyst once that is clear

Same information has been pushed onto multiple other boards today. Post has been reported

Company accounts for 2023 now showing overdue :-(

https://find-and-update.company-information.service.gov.uk/company/05701801

I'm going with the bid theory

If it was refinancing we would have had an RNS by now kicking FA into next year

Theses tenders may generate multiple opportunities for PFC going forwards:

https://megaproject.com/articles/oilandgas/libya-to-offer-22-new-oil-and-gas-blocks-in-upcoming-public-tender

I would say yes, it is positive news to say they delivered on a major milestone for a $100M project awarded in 2021. There is more work to do , so let's hope it doesn't run over budget and they make a few quid. I think it just proves that Petrofac can competently deliver on complex projects. Hopefully this will lead to follow-on projects supporting Zallaf Libya Oil & Gas