Member Info for Dom-Bella

So we should open above 4.7p

Announcement of Transformational Strategic Transactions with Galaxy Digital Holdings, Ltd.

? Argo's subsidiary to sell its Helios facility to Galaxy for $65 million (£54 million) and refinance asset-backed loans with a new $35 million (£29 million) loan with Galaxy

? Transactions will reduce total indebtedness by $41 million (£34 million) and simplify Argo's operating structure

? Argo will maintain ownership of all mining machines, and Galaxy will host Argo's fleet of Bitmain S19J Pros at Helios

? Transactions will strengthen Argo's balance sheet, improve Argo's liquidity position, and enable the Company to continue operations

Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK), a global leader in cryptocurrency mining, announces that it has entered into definitive agreements with Galaxy Digital Holdings, Ltd. (TSX: GLXY) ("Galaxy") under which an Argo subsidiary will sell its Helios facility in Dickens County, Texas for $65 million (£54 million) and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argo's mining machines located at Helios. The transactions are expected to close on Wednesday, 28 December 2022.

If others don’t , ARGO in the long run will be in an excellent position again .

Good income stream still from the deal

ARGO could hit over 14/20p today

If you are very quick you may get in under 10p , excellent RNS . Buy some more for me no brainier.

You need to close on the 8 bell

You would have to be fast on the 8am buy button.

If they did pay 90 million that’s 20p

Argos net assets have got to be a few £s

The price jumped on Friday and higher in the USA

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. U.K. markets are closed Tuesday.

The London-based company, which has been in talks to secure financing, said it intends to make a statement before the start of trading on Wednesday.

On Dec. 12, the company said it was close to restructuring without having to declare bankruptcy. At that time, it said it was in advanced negotiations to sell some of its assets and carry out an equipment financing transaction to strengthen its balance sheet and improve its liquidity.

Looking like 4.25p/ 4.5p close today . Great if the new funding RNS drops at close today

Maybe on the cards

Thanks boser for your advice.

Have a good Christmas

I see no point in updating you as you can read , if not just get someone down the job centre to see the last RNS.

I am not answering any more of your questions as you have no credibility as I I said in the past.

Have a great Christmas.

2022 was going to be a great year, what happened?

What happened it gives new investors and old a great chance to buy at the lower price before 2023.

There you go straight away , they have no investment and have a go at anyone that says any positive thing . Not credible.

crawshaw , you don’t know how many I bought in upper days and how many have bought going up and down . So it shows me what you are saying is rubbish. Total rubbish. But that’s ok as you have no credibility.