If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Asking for dividends or a share buy back programme at this stage would cripple the company financial.
Asset rich cash poor.
The assets they have won’t cover the cost of the new miners for Texas phase1, let alone the full facility.
Keep it simple, build out a % of the new facility with new miners using sold BTC. Increase hash, earn more, sell, build more. They’ll come a point where both hash rate and earnings will cross the spend value and with BTC slowly increasing in price, it’s a win win.
My question is what more are the board targeting post Texas ? What’s the 2 or 3 year plan ?
You talking USD or GBP ??
Bitcoins held are valued at around ÂŁ86m or USD$106m at current bitcoin price. Together with the machines and data sites one can easily see this much higher.
Plus They are producing approx ÂŁ8-ÂŁ12m per month with margins of c.84%, plus a haul simply increase the assets.
In addition with the ever increasing hash rate each month and a large increase in Q1 with Texas coming online. The company will be well above 200m if not already.
Its the value of the company as a whole not just the bitcoin holding….
Definitely not a doc of maths….
Yes, brought another £4.4k worth…. Eeek
I do believe these have been over sold. Only buying this time for a trade. sentiment will help them to bounce back above £1ps. Will take my initial investment out and leave the free shares to go with others I’ve accumulated. If not it may be a dry New Year :-(
Read the small print
“It does not include data from other brokers or dark pools. It is a small sample, and it is useful for tracking the rise and fall in demand for shares throughout the day and weeks. It should not be treated as an absolute number of shares that are available to short in the market.“
I decided to sell out my last 2.2m..... yes for a small loss. Over the years SS has never failed to keep information from investors, and once again he proved that until after another money grabbing dilution. This recent deception in Turkey was the last straw for me.
Questions have to be asked ? When did the UKOG the Turks actually know about the drill bit being stuck. Why were investors not notified Immediately it occurred ? Simple.... Because he wanted his over paid yearly salary secured through the dilution offer first!!. I’m sure it goes against all regulations and honest morals of a CEO. He didn’t know it was going to be a successful recovery but I’m damn sure he knew it couldn’t be progressed to testing.
I said before if it falls below 0.15 I’d reinvest. I did back in March, managed to take some profit in May and now sold the rest at a small loss. This isn’t an investment share. If it falls below 0.12 within 6 months I may pop in a couple of grand and hold for the side track. Otherwise it’s out the bottom draw and in the waste bin.
First my rule in business, protect your investment. SS doesn’t have any in here.....think about that !!!!
Mercy
Hi Delacey, not sure why, but I’m locked out of the Discord group. I get the message it’s because you are only accepting messages from Friends. Thought I was one, but now I can’t even send you a message?????. Can you re-invite me to the ARGO group on Discord please.
Mercy
Was gonna say for a bit of fun what Argo marine species are you
Shrimps (0 Argo
Crab (1-100 Argo
Octopus (100-500Argo
Fish (500-1000 Argo
Dolphin (1000-5000Argo
Shark (5000-10,000 Argo
Whale (10,000-50,000 Argo
Humpback (>50,000 Argo
I’m still a whale ??
I’m a whale ????
Was gonna say for a bit of fun what Argo marine species are you
Shrimps (0 Argo
Crab (1-10 Argo
Octopus (10-50 Argo
Fish (50-100 Argo
Dolphin (100-500 Argo
Shark (500-1,000 Argo
Whale (1,000-5,000 Argo
Humpback (>5,000 Argo
I’m a whale ????