Member Info for K3VMC

Looks like the market will rest here for a while and soak up the flippers for a 15% profit. When the MMS finish with those, we will get walked up sharpish.

Just imho

Moog

“ We have the figures to match any of the big boys mining but the trust has been lost for the time being “

Please don’t include me in the “no trust” group.

Thank you.

And as for short term news, think Nasdaq.

Fouldzy, Pluto set out to raise £8m, but they got £28n orders. PW “handed out” £2 shares so he could retain 25% of the expanded Pluto.

If he hadn’t seized that opportunity, I would have list confidence in his leadership. There may be another funding round in Pluto, or it may, more likely, go straight to IPO, which will result in more than a doubling of ARBs investment in Pluto.

If you cannot follow the logic of him holding his corner , I can’t help you.

CitySlickers, Mirror, Morgan?

Sorry Kozzi. I misread your post as nit-picking.

Kozzi

“ Most won't get any money for next couple of weeks. they reckon most by the end of the month”

Well, I used the term “couple of weeks” loosely. If you think the cheques will be received between March 25th and March 31st, then I stand corrected.

jezconnor

“ Agree with most of that although 300m Americans will not get stimulus cheques, figure will be closer to 60m”

Biden estimates that 86% of American households will qualify.

TheRiceman

“ I received 100% of my application ??”

Yes. That was via Primarybid. I’m talking about the II placing.

I was allocated 8.96% of my order. I got the confirmation email at 9.33am on Tuesday, 9th March.

I could have sold that number of shares at any time since then and made around 20% on the flip.I’m very happy for anyone else in the placing to have done that, but as someone who is still buying in the market, that would be a little short-sighted.

Bitcoin will go up and down, as it always does, but PW is expanding very smartly and bigly, especially in Pluto, which was another hugely oversubscribed placing. Anyone expecting ARB to track Bitcoin on a daily basis should really be re-thinking their investment. They should be buying Bitcoin, which tracks itself 100%.

PW is building ARB, and in Texas, quite literally building ARB, for years to come. That’s what I’m buying, even though I have no idea where Bitcoin will be priced. My money thinks the value of Bitcoin will be above what it is now, but in the next few weeks you should get a good indication of that as 30m Americans, who already hold Bitcoin, get cheques for $1,400 dollars each. Another 270m will also get $1,400 each.

Let’s see what that does.

Eva.

“ esp 20-30% dilution is a joke”

Correct. Get help with arithmetic. Then get help with investing.

Amanensia

“ Do you really think 10% of this money is going to go into Bitcoin? Even Americans who do own some Bitcoin aren't necessarily going to put their entire stimulus cash into just Bitcoin.”

I have NO idea what percentage of the stimulus will go into Bitcoin.

I posted that 10% of Americans have Bitcoin, nothing about how much would be put into btc. However, a lot of the previous stimulus money was reported to go into savings accounts, rather than being spent. If a middle class family with two children has no immediate need of the $5,600 cheque that comes through the letterbox later in the month, I can see at least a few hundred dollars of that going into krypto.

https://coinmarketcap.com/headlines/news/number-of-americans-who-own-crypto-might-be-much-higher-than-you-think/

In the next few weeks, the entire population of the USA will receive $1,400 EACH. That is every man, woman and child, barring 11.8m of the richest adults and 4.6m children.

Many Americans are in dire need of this $1,400, just to survive, but the vast majority will put this money into savings.

$1,400 * 300m US population * 10% US btc holders = massive rise in Bitcoin.

Barmancy

“ When PW said he wanted to make Argo a $1 billion company,, I didn’t realise he meant that he wants to make it worth that and then hold it at that forever ”

PW does not want to hold down Argo to $1bn. That is a silly comment.

Please let us know when you sell out ARB and buy into RIOT. I will be interested to measure the success of your strategy over the next few weeks.

Good luck with your new investment!

Will send ARB stratospheric.

A fellow IT contractor ordered some Porsche or other and bored the rest of us senseless for several months. He finally had it delivered on site to his immense gratification.

He wrote it off on the first roundabout he met on his way home.

Anyway, Mercedes, VW and Porsche were founded on slave labour. Funny how BLM tear down statues in the U.K., but folks still drive German cars. Lewis Hamilton? Stupid, hypocritical, or both?

Never liked Porches anyway.

Bigfoot88

“ Wish they had Sold some BTC to pay for it instead of another load of shares.”

That’s a very useful contribution, as your five recommendations tells me there are at least six people on the board who just don’t understand Argo.

No offence meant.

Mikodx

“ The acquisitions of land and the construction of a new mining facility in Texas is going to cost money. More shares are going to be distributed which will set the SP back.”

Go back and read the previous RNSs. Carefully. We have access to $100m cheap finance.

Tiger16

“ Here we go again ... a massive dilution will now enter our shares ...”

Suck it up.

Yeeha!!

Texas here we come!!