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HOLD: Argo Blockchain (ARB) Argo’s share price has doubled since the start of this year. But that ascent has been punctuated by ups and downs, writes Harriet Clarfelt.
Cryptocurrency miner Argo Blockchain has raised £22.4m via a private placement just days after bitcoin served up a reminder of its inherent volatility, soaring past the $40,000 (£29,380) milestone before retracing some of its gains.
Argo, which floated in London in the summer of 2018, announced this week that it would issue 28m shares at 80p each to certain institutional investors who had already subscribed to the placing.
So going by the previous drilled well at moftinu (See above) with a spud date on the 18th of jan, we should be flow testing on the 22nd of February. Drill results in the next week or 2 imho Then bring in the testing gear.
(Satellite images )Perhaps try using the words (remote sensing,)as it’s referred to in the scientific world, envirosat used to give decent resolution, but it’s been 5/6 years since I’ve had anything to do with remote sensing.
Txp is going drilling for the holy grail (kraken), in oil and gas terms in Trinidad, which in turn is located in the Venezuelan basin, one of the best in the world! Not $elling any of mine!
Those two trades imho are a rollover and not a sell, imho the rsp wouldn’t support two large trades in quick succession of the size, and subsequent price achieved. I’ve had similar size t trades in the past, but lately, you can’t buy any size on a T date, although I did manage 25k today on a t5 at 66p, but that was all that was available, and if you pushed the date out to a t10 only 10k at the time to be had. The difference in price between the two trades, is what the holder is prepared to pay to hold onto his stock I’d imagine for another 20 working days, that in itself a good sign. Anyway gla
Dear seller, unless you’re going to smash these down your not shifting them, I’ll take £50k at 12p or so, you’ll get bored before me, so best start dumping. Ps I think the ceo is playing you Mr seller! I’ll wait for my top up.