Member Info for darientaylor

expecting 115 btc mined in December and at $23000 per btc that will gove a margin of around 65% so a gross profit of £2.3 mill FOR THE MONTH... that s £30 mill going forward into next year with a nett nett of £20 mill..... forwar looking PE of 2... 2!!!!

iLL GIVE IT A BOOM AT 3P

i'd rather they bought more bitcoin or held onto more

you'll be disappointed with Andrew Scott, bit light on his feet...

candid, please dont mention GGP here its ot in the same space cant be compared iin any way and has never produced a penny in sales in 13 years really don understand it at all. total jam tomorrow hype...

bodruncie I get what yu are saying and that is why I have increased the all in cost per coin mined by 250% , this allows for greater machine time and higher KWh and management time and capital write offs. but remember you cant just start up and be mining in a couple of months there is a lead time to get the hardware, to set up and start mining.. ARB can expand their operation much quicker than most. if they kept 20% of what they mined for the next 5 years they will have close to 4000 bit coins in the wallet... at $325k per coin would be valued at $1.3 billion......nearly £1 BILLION never mind the on going profit per year.......

oh I like it...not sure how accurate I can be as the KWH is impossible to know..

Echo market cap £6mill on 130 Boepd....
PPC market cap £33mill on 4000 Boepd... Echo is valued at over 6 times PPC ...wonder which one is right

mfdoom... that is a very good point, its the reason I have a Spread bet account with IG and bought these as they sent an email saying that unless you are registered as a professional trader you cant buy into Crypto and remember at 3000 bitcoin equivalent mined the all in cost is $9000 per bitcoin. ALL IN COST.. so at $23k per coin at 3000 thats $42million nett profit or £31 million per year...market cap £42 mill...we are trading on a forward P/E of 1.3..... let me re wirte that.. P/E of 1.3... I think we best wait for £2 before selling

looks like there is a sniff of corruption...... what in Nigeria, i hear you say

buy stella on coinbase

talking maths... here's how i worked it...at $400k per it coin we make a nett nett profit of $375k thats calling a $25k all in cost per bitcoin on producing 3000 btc or equivelent per year... just to give perspective our all in cost now is $9k...
so 375k x 3000 on a P/E of 5 gives $5,625,000,000 now divide by1.35 usd/£ exchange rate then divide by 295,000,000 number of shares equals £14.12 thank you I'll get my coat

its called scalable leverage...

cant see much... is nt it the point of a business to make a return, generate profit generate employment..... dint see much, cant fathom the market cap to be honest

https://www.coindesk.com/guggenheim-cio-bitcoin

at that price ARB £14 YES £14

bitcoin to break $23000 today... this morning, $24000 could be tomorrow...that worth 5p on the share price alone

on a P/E of 5 the share price should be 22p... thats at a bitcoin price of $17000 ....my target is there fore 30p in short order

a 1% rise in bitcoin price today will add £1.5 mil on to argo market cap or 5%... if bitcoin goes up 10% in next week adds 50%.. you get the picture, its called leverage...

if bitcoin is $250k then argo makes $200k per bit coin mine nett profit at 3000 mined in the year that will be $600 mill nett profit ... or at current PE ratio would make the share price £5.... £5....

thats over £1.3 million a month GP or about £1mill nett or £12mill per year or a PE of ..... 3 cheap as chips