Member Info for kingivor

Couple of smashes on the sp already this morning. Definitely a large buyer in the market here.

First dividends as they will attract the small cap institutions

Not Aim Trek. Main market here

Would need to be good premium to 16p to make warrants work.
Edwards and Bixby will have an exit in sight at the optimum time which is probably in next 24 months

Any institutional funds wanting a 3%+ stake now will be running the price up big time.

Solid Q3
Revenue and efficiency paramount with conversion to cash reiterated.
12,000 machines confirmed installed in next two months
Power capacity agreement already in place to scale the business massively next year.
£1b company in the making here

Nice
No seller ?

Delivery of S17 units November presumably in batches and installed as we go.
Might run into early January for last batch installation is how I read the info.
We are scaling up the business massively this quarter.
Mining and hosting costs all in are only $3000
I'm looking for a current generation number of over 200 btc which at $5000 margin would be a gross profit before g&a of $1m pcm or £9.6m pa. Strip out £1.3m for g&a. So say £8.3m gives earnings per share today of 2.8p . Apply PE of 4 only and share price should realistically be trading over 10p now .
As idiot rightly points out the key to success is scaling up quickly leveraging the fixed operating costs.

Volume dropped right off.
What's the chance we get the Q3 results update Monday and a Miton 0% rns alongside?
I 'm keen to know who has picked up the slack.

Disproved rubbish rumour
Stock clearly badly required

Key takeaway is machines are "performing very well".
Thanks again zatcha.

Thanks for sharing Zatcha. Very decent report you have posted.

Cheers i d

Pb...update should give us enough insight to project earnings.

Boring now Scott ..thanks

What's a fair price earnings ratio for a growth stock like Argo in the crypto mining industry ? 4-6 maybe.

Btc 8436 $

Good stuff zatcha.
Argo are profitable down to $5000 btc and massively so at $10,000
Price has rallied off the low at $7700 48 hours ago, currently $8,200
If btc can rally further through $8,800 the consensus view is bear trend is over and $10,000 is a given.
All imo, dyor

Going straight line to 12p when line of stock gone

Got to be first investments imo sod em

500 coins mined pcm end Q4 at 8000$
Ebitda c. £30m