Member Info for Jimmy170

Discuss, just wonder what peoples views are, surely if they do go through with it, this raises up to there buy in price?

They have options, but like what’s already been said, they are not desperate right now for cash, I think they should just get the first unit kitted out first by selling Bitcoin, which they won’t need the cash until q2 next year, by then the hodl will be around the 3000 area, and then start getting the next unit up, getting the actual shed up is peanuts in the context of things and then see where we are then, also remember we must have a cash reserve to buy quite a few machines as it is

Just wondering how many miners can the first stage of Texas do, will the 20000 miners bought fill up the 100mw capacity, just saw Mara bought 70000 s19 miners for $170m, (at the back end of last year), so I take it the ones Argo bought are slightly upgraded?, and does anyone have a rough price for these miners considering PW said the cost had gone down from earlier in the year.

So it seems a lot of arbkf holders are selling and then re buying arbk, so say everyone done this what would happen to all the arbkf shares?

Yep I don’t think the link works, but it is an actual article on the express website, if you go to the express and click the sub heading finance and scroll down a little way you will find it

So with all the anticipation of the ipo on Thursday, and reading lots of predictions, thought we could do a price prediction comp for lse Wednesday close and Thursday close:

I’ll have a crack at Wednesday £1.95 Thursday £2.10

No defiantly not trying to to add any fud, just seeing what you guys and gals thought, we have had a great week and hope many more of them are on the way, I guess we will all know very soon just what they have raised, And that this money sets up the texas venture nicely,

Oops wrong thread

@ Blubay and @LimpingAlong, regards this 'alledged' disappointment, perhaps this is mere FUD. Either that or he/she is not very well informed. Given the trading around the close of business yesterday, it is ludicrous, IMO, to consider disappointment but that is only my opinion and time will tell. (I've been wrong before so no disrespect intended, just my personal view.) ATB

Just to make myself clear, my disappointment is that Argo might not raise quite as much as us shareholders are hoping for, they could have easily sold a few ADS shares at a discount to the $18.40 price, I really hope we sell the for alot more though.

@ Blubay and @LimpingAlong, regards this 'alledged' disappointment, perhaps this is mere FUD. Either that or he/she is not very well informed. Given the trading around the close of business yesterday, it is ludicrous, IMO, to consider disappointment but that is only my opinion and time will tell. (I've been wrong before so no disrespect intended, just my personal view.) ATB

Just to make myself clear, my disappointment is that Argo might not raise quite as much as us shareholders are hoping for, they could have easily sold a few ADS shares at a discount to the $18.40 price, I really hope we sell the for alot more though.

Yes I am hoping we raise more than the $18.40 per ads, I hope we average a lot more than this, I have a feeling though we are going to be disappointed

Thanks everyone for your reply’s, hopefully by the sounds of it, we might have enough money to kit out the initial 100mw, but I think I remember him saying, he may move some of the existing machines to the new facility or did I dream this?

Someone on here or Stocktwits said the ipo would’nt raise enough to kit out Texas and not sure if it was the same post or not, but it was suggested that Argo was aiming for 100mw and not 200mw which was originally said, now I remember Peter wall saying something like it costs $250000 - $500000 per MW, so using the upper figure, that would surely be $100m for 200mw, has anyone heard any news about this?

Has anyone seen this and if so what do you think,

https://coinandcrypto.net/team-behind-argo-blockchain-launches-london-listed-defi-fund-coindesk/

Could you tell me please where I can find live volume screens

There will be a lot less put on tomorrow morning than there was this morning

It was always likely to go down first thing this morning with the 3-4 million extra shares for the Texas land hitting the market, once there all bought up it will rise

Tomorrow morning am seeing a dip, but Friday surely depends on how many people want to sell there new shares, am sure there will be a few, but there will be a lot that keep them too, so not sure what will happen Friday, I can actually feel a rise coming friday

Is it not the case that 3 million odd shares hit the market in the morning for the Texas land, If this is the case as, I can see a small dip and then i think it will go again

Just wondered the 3 million odd extra shares for the land purchase, will they be sold the same way as the ones today