Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Goodness a question about the company... The kit should just be manufactured to whatever scale is required....
I think the difficulty with exponential scaling up will be expertise; the engineering and IT monitoring systems are modular but I would expect need pretty specialist tweaking once built. Of course the real ‘cash cow’ revenue comes from the maintenance contracts when many of these sit needing servicing/adjusting for diff feedstocks, etc.
Yes happily sold on the way up on many multiples.... And another 6m for me at these levels. Patience Rodders. Rome wasn’t built in a day.
Would be nice to see a financial close or 2 mind. Today’s FOMC steer should allow the equity finance to continue to flow I’m pleased to say.
RacingCyclist,
It’s pretty difficult at my 49 years to get ones head around Btc/Crypto.
As I saw the potential rise coming I was able to get in early... And ended up buying Barrick/Newmont as a hedge against the Arb holding... If governments had found a way to ban btc I reasoned that would precipitate a rush in to Gold Miners...
Now looking less and less likely but happy to accept 10% losses on the gold miners for peace of mind during multiples on Arb.
gla. Still think has plenty to run.
Agree with your comments CoinColl.
I had started selling down when it became apparent PW was taking this to the top of the pile, outflanking supposedly bigger Companies with more leverage. So bought most of them back during the fall to 65-100 range.
You just can’t overvalue good management.
Only my seven year old daughter Flo has her original average at this point showing 4500%!
Thought I would post this from ‘Zerohedge’ comments section:
‘ It's pretty obvious what is happening on the charts right now, especially with Musk's disclosure of the trading strategy that they used for their bot. Every dip is being bought and accumulated right now- the price is on a slow grind upwards to meet the low end of it's valuation as a fixture on corporate balance sheets. Musk, as brilliant and also annoying as he is, along with Microtech or whatever their name is, have kick-started the movement of corporate balance sheets into BTC. It's happening right now, and the low end of the estimated price of BTC when that happens at a small level is $150k per, with the high end being estimated at 4 million USD per. This is all happening while retail is soon to be armed with $1400-12.5k of Biden Coronavirus stimulus. It's a perfect storm type scenario and as insane as it sounds to say this, it's still cheap compared to where it will be at this year's end, and you can still front-run and get at least a 2x on it right now.
I absolutely HATE that our fraud financial system creates an environment where this occurs, but on the other hand I must do something to preserve my wealth. We live in truly extraordinary times.
Interesting, looks like they have a KR1 type investment i assume for a fraction of the price;
https://m.youtube.com/watch?v=OUL1jsTi6Hs
I think the timing is right for ‘corporate treasury’ buying following the M Saylor routemap conference thing. Must be about 3/4 weeks ago. Complex conversations with the board, engagement onto a buying platform etc, so now lots of organisations accumulating in the background. Will announce positions soonish I would hope.
Poptimist,
Don’t post v often here, gets lost in the noise.
loved that post, you have had your moments of frustration over the last few months. Like you I found it difficult to rationalise why everyone else didn’t realise that the was a money generating machine in the making.
The grind from 4.5 to 6 then back to 5 and it was really very slow below 10 and then take off just before Xmas.
what has been so inspirational in PWs leadership and transparency. I initially invested since I thought the only U.K. quoted, well run, BTC miner will rise and so will ride that wave. Sold some at 20, 60, 120. An excellent return but don’t be too greedy. Then PW started demonstrating his acumen and skill, and it became clear this was more. than just an also ran crypto miner but likely to become best in class crypto business . So I bought back between 65-90. Then what a run...
was up to 2m shares now down to 1m at recent times a truly life changing event. I am keeping the rest though. This has more to run as btc runs up and the ‘best in class’ rerate comes to fruition with full Nasdaq listing.
Also MidEastMoney, Coin Collector, many others have valued your posts: cant look through 1000/day though, still have to work til SIPP matures!
CC,
couldn’t agree more about traditional companies: Shell, BP, Lloyds, IAG, Carnival, RR... All safe as houses apparently (and that the next domino to fall following commercial property)
Fintech, AI, Software, Green, Crypto knocking it put the park.
Just caught up after a busy day at work. Watched the PW video and the Proactive also.
I increasingly think Argo may become the ‘apple’ of the crypto world. PW has a lot to deliver successfully on mind you - watch that very carefully. Big fan of PW who’s business strategy has got me buying back in so now hold a nose bleed causing number of shares.
The re-rate due to business acumen/clarity this is the best in class may soon eclipse the rise (notwithstanding the volatility blips) related to the btc rise.
I am a big fan of Chamath Palihapitiya (watch on you tube). When asked why he just bought btc not other crypto he used an analogy with mobile companies several years ago: you could have bought a basket of companies and done ok, but you knew at the time Apple was the best and if you’d just bought that you would have done much better. Just buy the best in class.