If BTC rises in the coming months then we have a chance. The aim market is flooded with fake companies with pump and dump and then before you can come out there's suspension
This maybe good in the short term to preserve cash but why did they not raise capital from investors I am sure they will fork something then to see it go down
These aim companies are real cash cow's only in it to receive wages from the investor mug. They never raise cash when the company is in a positive financial position.
Well done to the brave ones buying, the ones stating 2-3p can dream on it's already 96% down, any glimpse of hope will send this much much higher. Good luck holders.
We are getting closer to commercialisation without any funding required:
Aminex, with a 25% non-operated interest, is carried throughout the ongoing work programme to a maximum gross capital expenditure of $140 million ($35 million net to Aminex). The carry is expected to see the Company through to the commencement of commercial gas production from the Ntorya gas field, currently scheduled for early 2024, at zero cost.
There was no raise last time as the company sold part of the assets in 'IPO' so what good was that if down the line a placing is now required, a kick in the teeth for loyal shareholders
Why did he not raise when the price was 0.2 or higher. As always these aim management do everything in last minute. 2 years of downward spiral, total disaster
People spreading malicious fear about Arb going lower, it's down over 98% and priced in regardless of BTC going lower. Should see it opening down and going up
RE: So what price did they get for btc?8 Nov 2022 08:43
First up a big thanks to PW for running this company to the ground. Hopefully we have some time to recover for the next leg up from BTC which should be soon.
Like I said many weeks and months worst BTC mining company it's no surprise that it cannot survive after all these positive lies to be one of the biggest BTC mining company and greenest yawn. Only in UK we have these companies getting away with it, shameful and sad.
People spouting BTC is going to 5k is the same people who are saying it will go to zero same thing. Stop talking garbage BTC might get near 12k but even then that's debatable. Contniue dreaming, ARB investors have been shafted pretty much and might get someone to buy us for peanuts, hoping not. GLA