Member Info for gspanner

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.

The recent HODL purchase and policy looks pretty smart today also! No doubt now that the 180 purchased are in profit!

And tesla the first of many more; first a trickle; then the flow (starting about now), then the deluge. Trickle to $40k, flow to $100k in next 5 weeks IMO, deluge to $3/400k after consolidation for a month or 2/3.

I would add Silvergate bank US quoted for surrogate btc exposure, a ‘picks and shovels’ provided to the crypto market.

Paul,

I wanted to wholeheartedly agree with the contents of that post... Compounding 5-10% a year and risk management is the way to riches and being able to sleep at night!

DG,

Do you not question this computer generated nonsense?

Really you should learn to think for yourself.,
only then will you invest and make money.

London_b

but that’s the PW genius. He has the relationship with the hardware companies (still don’t know where the March-July machines are coming from mind). He says to them, ‘I am the most efficient miner, let me showcase how good your latest machines will be’, et voila. Queue jumping.

So I think PW knows he has a funding from very deep pockets . In May when the current machines are being installed on schedule he goes back to them and gets another 60-100% capacity increase for 10% extra shares/dilution. There will be plenty of whinging about this but the expansion will ensure continued share price appreciation and the eventual rating at a premium to the other miners.

i feel very sanguine despite the days action.

So much BS here now, had a lovely 40 minutes listening to PW as a tonic to the nonsense on here.

Intriguing the smile on his face when he didn’t reveal who the placing investor(s) was. From the question I suspect the rumour mill in the city knows who it is - but anyhow the money came from New York.

Goldman’s anyone?

Me too, Argo has been very good to me, no hold 2m shares again.... Last lot 250k just below 70....

There are a lot of frayed nerves here, ... Fortune favours the brave!

Expand

Reassure market expansion is going well.

Expand more.

As the most efficient miner that adds more value than a takeover.

I am surprised no-one else has called this: PW has developed a pattern here.

My call at end Apr PW announce machine installation ahead of schedule. Early May PW will announce another fundraising. The SP will be 220-260, btc $60-80k so will dilute another 8-10% or so for a further 1000or so pentahash.

So another ‘dilutive’ placing for the shorters to exploit!

Thank you.

And most of the the time fundraising for absolutely clear commercial advantage you have to wait months to see the benefit... Will see a chunk every month for the next six.

I confess to not doing the maths, but without debt the possibility of a divvy this year remains (albeit divided over a greater number of shares).

Bought back 200k shares today, first purchase since 10p.

I think it is a shame the management genius has been missed with all the noise on this board.

How has PW managed this and effectively jumped the queue over the other miners who have recently raised cash to fund expansions? By having a good business relationship, being the most efficient miner - a showcase.

It’s all done, money in the bank, BTC hodled awaiting further appreciation (and as commented on warrant funds may be used to hodl more coins over the next few months).

More fortuitously zcash will make Jan figures look even more sparkling.

Every month until July the hash rate/margin should increase.

ARB trading at a premium to the other miners is only a few weeks away.

Excellent.
Listing providing US access completed
Now institutional (no doubt growing) interest
Good appearance on Bloomberg TV by PW
Shares from U.K. moving to US and largely staying there
Zcash on a run....

TOTHEMOONBITCOIN,

thank you very much for the institutional investor information, that was very interesting. I hope you don’t mind, I posted it onto advfn which has quite an interesting board also.

Looking forward to see your tech analysis.

bw

gsp

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If I had time (sorry full time job), you could work out how many shares had been removed from the LSE free float to likely stay forever in the US. They are unlikely to come across the pond IMO. Recently 10-20mil a day, only 293mil in issue...

it’s like a massive unregulated share buy back.

tip it here...

OT,
Robinhood, also look at ASX... Do you have any Brainchip? Always trying to rip it here but buying in ASX from the U.K. is a bit of a pain.

Great post about supply and demand.

gsp