Member Info for Chaebol

Did clsk buy those 10000 machines already installed or instant hash? or was it separate, Mara have bought a lot of S19 XP's with that additional th they are still advising 23 eh by the 2nd or 3rd quarter of 2023

Russia and China will keep adding to the eh as well, especially with lower miner prices. They could be back to a grand soon ! and only Russia and China can afford to energise them x;)

Bloody times for the miners thats for sure!

https://mikehobar****dium.com/capitulation-is-still-to-come-68525d985e09

Ive shorted this from 150 odd p to where we are now, theres not much left to beat up anymore, at a certain point a stock hits it bottom, i remember saying months ago when people like Argobull and others have sold and the most argumentative rampers arent posting anymore thats when i may start buying here, biggest caveat for me is PW and he must be removed for forward growth.

Im not buying right now, im talking about buying at specific prices and circumstances. Lots of things have to change, I dont think pw has done a runner he did that wehn he sold out in Feb 2021 hes just a dead ceo walking now, the sooner him and the other jokers are swept from the board the better it will be for everybody.

New management with the focus of mining btc and maximising helios could work out better for shareholders thats why I can possibly see value in the pennies with Argo 6-7p sp gives this a mcap of 30 million ish. With all the positives/negatives for argo as they are right now if a team can come in and hone those positives obtain a proper ppa, work out what the hell is going wrong with helios get the miners up to its peers mined eh levels get a turn in btc and we all know that the 30 mill market cap could grow aggressively at some point or it goes to zero.

I just believe on the risk reward ratio, I can risk a buy at 6-7p and pw gone i could justify it, whether it makes money or not is a gamble but i do see value under those terms.

Sure, the machines th rate is bang on for the market, so I believe that sale will go through at the terms mentioned, the 5 million refinancing seems a lot more watertight than the SI for the shares. So in the November 6th update I’d expect those to come through and then being told the SI shares deal has fallen.

The shares SI deal at 27p must be dead and buried and I don’t know how you renegotiate at 12 p share price. But that immediate money with the hodl gives them a few more months to battle, how low does the sp have to go before bod make announcement, it’s 96% off it’s ath.

For what its worth to anyone, I have buy orders in at 7p x;)

Im gambling that no announcements are made until first week of November, a few more good trading days with all this uncertainty will just keep dragging it down. I also think imho the SI deal is dead in its current form, however argo have the 5 million from nydig in the refinancing and 6.8 million usd from the slae of those machines that were installed i mean 'in the box' x;)

but at 7p see value for a trade not as a keep a trade.

ARB 7p
CHAE GLA

Surprised Timis isnt sniffing around at these prices. Id take that ruthless fecker over pw anyday.

What do they own KY that isnt loaned or borrowed ?

140 million of debt.

If the funding does come you would hope Peter, Alex and Seb remove themselves from the company, Im amazed only Perry has fallen on his sword thus far. They all have some form of collective blame here, some more than others. PW cant be the person to oversee this any longer and Alex certainly cant be the accounts for Argo. Seems like this announcement could be getting dragged out until the 6th November, this could be 7p ish by then....... Im pretty confident argo can get an SI im not very confident that theyve accounted it correctly and its enough money for them to last 12 months, and if i wanted long term smart growth again, then the pete alex clown show cant go on for a day longer, I think sentiment in the USA could drastically improve with PW gone

However for the company to move forward it needs those changes at the top now/ yesterday /tomorrow but it needs to happen.

Chops, everyone brought out the hopium at 15p

Im looking forward to the hopium we see at 7p x;)

Dont! Mate x

Its going LOWER.

Chapter 11 seems to be the most natural progression I can see here.

Riot have enough to go on with what they’ve bought already, Maras modus operandi is clearly not owning sheds so I don’t think any of them would look to buy what Argo has.

https://www.coindesk.com/business/2022/10/14/a-huge-glut-of-bitcoin-mining-rigs-are-sitting-unused-in-boxes/?outputType=amp

lol good times they were, whole market was lively, i remember GST trading that, madness.

the 100 % gain in one day with ARBKF said this was going places the us otc market grabbed this and moon shot and then volume on arb just went nuts. if PW and Timis hadnt sold this when they did would have gone to 5-10 quid. Now the next rns could be serious curtailment because of no money. What a farce !

Whats transpired since has bordered on criminal, albeit i was late, im glad i finally twigged with these boys.

Depends what terms are in the LOI.

Truly. x;)

Im guessing your analysis has Musk as the SI right?

Its been like this since June, am i missing something here ? range last month has been 19k to 20k

13.42 average lol

Lets make up the prices as we go along. Youre never going to lose Sharebel, well done.

I don’t doubt they’re in a lot of trouble, just doubt the timeframes.

Bitf addressed its silly mistakes months ago, that might save bitf, I think corz just like argo will leave it to the last minute to address its liquidity issues.

One thing that’s playing on my mind with corz is they’re recruiting for all kinds of positions within the company. Whether that’s a dark move on their side remains to be seen.

But ultimately you don’t want any of your hard earned in corz.