RE: Compute North chapter 1123 Sep 2022 10:30
Corz have 400 btc left then the riley money 100 million,
CORZ is the riskiest play right now as they head to mining oblivion, Id familiarise yourselves with chapter 11 compute north have just basically said we cant host at 4.5 cents. they need 35k btc urgent, sooner than argo.
Chapter 11 will not change the operations for a while Compute north may even be able to restructure, I can see mara buying it, rumours are........they ripped up the joint venture agreement that would have given CN energy credits. Went behind the meter for 4.5 cents on maras say so very interesting.
I think the mob going in with argo now are the potential buyers for Helios, If a company as large as CN cant do this then Argo wont be doing this at 9 cents per kwh and if you think the ppa is going to save argo i really dont think that ppa comes in time.