Member Info for Dan_The_Man

My contact in SA says it has not been affected by the virus, however if flying between Sa and WA, you have quarantine for 2 weeks... drilling not affected and therefore on track... cheers

Hi Isas ~ yes just noted that myself too, from yesterday morning... looks like the buys have soaked it up but interesting nonetheless, not sure why you’d offload this close... my guess is that it’s an SI Cap client selling £29k here to take part in another placing like #CCZ #POW or #PALM for example... I think most are underestimating the potential here, given the dead cert drilling coming up and the extremely lucrative IOCG opportunities...

I take the trade to mean news within 72hrs...

Welcome...

Sell also about 2p too so looking good...

Spot the UT/Auction straight from the off... 2.094p paid, I reckon we tick up in the next 15 mins...

<1 month before we drill, what news can we expect:
1) re-analysis of 3000 x RC samples
2) re-analysis of 1100 x soil samples
3) drill schedule & targets
4) update on negotiations re Laker
5) update on IOCG grant of $250k
6) equity terms with Hagstrom
7) warrant exercise

Hi m8, you never know in this game... to be honest, it’s out of our control and the whales holding large will move it to wherever they want, I really don’t want to see sub $6k but if we do, I’m buying 10 BTC for my kids... I’d like to see a nice drop to crush some of the smaller miners, just to muscle them out really, I’m not short BTC price before anyone says either lol...
40% margins would be nice but I’m thinking between 22-26% for July, it’s bloody tough out there, but higher the better right... maybe news tomorrow...

1) Large red wick down to 10590 overnight, since bounced to 11240 live
2) Mining difficulty still pretty high, so we either need that level to drop or for the crypto prices to surge. It doesn’t help if prices surge and difficulty surges as they negate...
3) Based on Wyckoff, appears the target of $5600 is in play before next run up to ATHs...

I am long term holder with a lot of stock, but better to have some balance rather than one sided hey... gl

I’m completely up for a super positive one, however I think we see margins drops to 20% ish given the increasing mining difficulty...we need one final flush out to bring that difficulty down and then the world truly is our oyster... we are still making good money and I appreciate some are desperate to see their holdings go up in value but this is just the beginning...

There are a few thousand to re analyse for other pathfinders... turnaround time is typically 3-4 weeks... we got an RNS on the 8th so let’s assume they sent on 7th, results should be back between 28th July - 4th August, right?

Some say the correct PE should match the annualised growth of ebitda... so if Argo has annualised ebitda growth of 20%, then PE should be 20... but hey this is London and ain’t got a clue about crypto stocks...

Hopefully, I’m pro crypto and lth of Argo do win win either way...

Just think cryptos will cool off a tad before the next run up... happy with the market waking up a little though...

Just need this to come down and then We will be laughing...

Don’t sell below that or you just making the MMlife easier ha ha

Perhaps they had to squeeze in the raise before agm, main listing raising 20% annual limit etc etc... anyway gave us needed funds in difficult market and plus take a look at the number of targets... 23 x 100m x £125 cost = £287,500 so roughly £200k outlay and £100k equity to driller... so given recent raise and potential warrant take up and I imagine another raise about 2.25p, we will have plenty of dough to progress and get to the 1m resource...

RNS said Sept
Podcast/interview said late Aug/Sept
Now what message would be positive to the market, yup start a week or so earlier, hence why I am expecting mid Aug...

I’m actually expecting drilling to start mid August but who knows hey...

So guess we love in next couple of buys... see sell price increasing too, news overdue... it’s coming...