Member Info for Fukurokuju79

I agree Waiting room that's why I feel more at ease with this being on your side of the pond in order to get to real value here

That's based on lower capacity and lower average BTC price than today. Also I just went with 15 p/e. If conservative assumptions still give compelling numbers I know I'm okay lol.
Anyway dinner time

I assumed in my personal calcs they would only rise 50% and using the lower mined total of 100 as the Benchmark. So 150 coins mined in Feb. The numbers are compelling even then.
Anyway, GL all.
Dinner time with family

Yep defo plenty upside.
In effect with the on target increase in mining capacity being fully operational by feb, even assuming the mining difficulty remains high as last month (so lower coins mined), and assuming the same BTC price as now ARB are still well undervalued. Without accounting for zcash, coins held and anything else.
Op costs are stable, very efficient. That assumes BTC doesn't rise despite the projections it will a lot. We may slow down a little, or may not, but if the market continues to recognise the value here it'll keep bagging as it should. IMO.
I'm more confident now we have the exposure across the pond as we know they attribute value to crypto miners anyone can check out the peer valuations (riot, mara, btbt etc etc).
At some point it will slow and maybe retrace a bit as it's inevitable people will take decent profits but I'm holding from the 5p buy long ago and even though I sold a few initially I added more at 39p yesterday.
GL all

And still US to open and much more upward to go yet imo.
Sadly (if there is a sad which to be honest I shouldn't be thinking) all my investments are in a pension pot I can't access for prob 15-16 years lol. Had to cash in my ISA last year. That said I'm glad I decided to buy conviction into ARB some time ago.
Looking forward to the ongoing upward momentum and its defo not too late here. Ways to go yet.
Well done all

Amen to that Fulmar.
If we did'nt all agree the 'potential' :) way is up, we wouldn't be/still be here right.
Some have been here years, some in and out and around here years waiting for the right time, some have been here shorter term. We are all here though.
I'm prepared to wait during this exclusivity period as the market is asking for confirmation. Then I agree, it should be off to the races.
Atb

Hi Fulmar, np.
Re 'potentially' discussing a commercial transaction. Even if I didn't agree with you, which in this case I do agree we are negotiating one (I was trying to play safe) I wouldn't argue with you as I don't want to encourage a further (insert slang word for excrement here) storm.....

Lol.
Following a successful technical review AA had the right to extend into a second exclusivity period for a period of a further 6 months. They have exercised this right and we are now in this second 6 month exclusivity period.
We moved into this stagevin early December, which based on RNS dates suggests it was ahead of schedule (4.5months into the original 6 months).
During this second exclusivity period AA will be performing due diligence and potentially discussing a commercial transaction.
Atb

Before I got the confirmation I was in the camp of those incorrectly interpreting news. I had no benefit to putting egg on my face.
Having had the confirmation and re read it all with that information (which I'd hope would result in moving past this) I can see where Graham and co were coming from.
The fact we have had differences of opinion I think evidences the releases weren't clear. No one here is dumb, and really interpretation shouldn't be needed if announced clearly.
Not sure insults will help anyone, we all put valid reasoned arguments at the time as to our interpretations. At the end of the day we were all in out own minds right based on how we digest what's being said, which is why I wanted to get clarity.
I had thought it would mean we can move on but clearly tensions are high.
I'll defo think again before sharing my own due diligence in the future though.
Don't shoot the messenger, or each other.
Totally backfired he says as he edges back into the shadows.

No problems.
IMO I think NvS felt that his news releases already sufficiency covered the position, without the need for more RNS'.
But yeah have to wait as they continue to progress this. Personally I'm still confident here. I'm not expecting any news for a while though.
Atb.

Thank you Neddy

I may be giving too much headroom here but I think they felt it was clear from what they'd issued. It of course wasn't and I said to them that there was some debate.
Nick wouldn't have told me if he felt it wasn't clear, and was intending to issue further info to shareholders.
Anyway, clarity obtained (unless like some you have your doubts on my integrity). To be fair I can understand why people may doubt things. You don't know me and so much trash on the boards it's always best to be tentative with information.
But anyway. Have a good evening all. Dinner time.
F79

Good post and heck if the journey has been 93 years what's a few months haha

Thanks

It's no skin off my nose if people don't want to believe me.
Was simply helping to clarify for us all.
As far as NvS is concerned I believe he thinks it is clear and has been released. Besides based on comments here he will be aware from his emails they aren't.
Atb

No problem. All I can say is it's genuinely what I was advised from my enquiry, verbatim.
Is frustrating but AA are still here and obv the likelihood of a transaction with them is increasing, not decreasing

Stay strong
Atb
F79

ARBKF is the American ticker on the OTC. Main listing is LSE under ARB

Hi All,

Following the debate we have been having I've contacted ARCM and engaged with Nick. My questions and his verbatim reply is included lower down.

Basically though AA have exercised their right to establish a second exclusivity timescale of six months. Therefore we are now in entered into a second timebound (six month) exclusivity period with AA.

Anyway, I hope this helps clarify for everyone.

Extract from email below:

1. We are still within the six month exclusivity period with Anglo?
NvS confirmed: 'We are effectively in the 2nd 6month period'
2. When does the exclusivity end, is it Jan 14th (six months from the announcement)?
NvS did not answer
3. We have not extended the exclusivity period beyond the initial six months at this stage?
NvS confirmed: 'Anglo have the right to extend further 6 months which they have done'
4. If an extension to the current exclusivity period with Anglo was agreed, you will notify the market that you have entered into this extension and how long it is for?
NvS confirmed: 'Anglo have the right to extend further 6 months which they have done'

ARB deserves the rise. Has done for many many months.
The recent catalysts of rising bitcoin and pink sheet listing in states has just drawn more attention here, and rightly so.

With anything rising fast though (and so many people looking at it as a cash cow ATM) it will cause greater peaks and troughs.

IMO ignore volatility, that's inevitable, just need to look at its peers, the upcoming uplift of OTC listing to the venture market, increasing mining capacity next month, bitcoin sentiment, the monthly operational updates.

Let the price do what it will do, and as much as possible either don't react to the price volatility or don't look. IMO. It should rise and continue to rise for some time if all the above stay unchanged.

GL all

Lol. I've heard it all