Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And old article but interesting in its overview of our /PWs diversification https://www.google.co.uk/amp/s/www.theblockcrypto.com/amp/post/102168/crypto-investment-pluto-digital-assets-listing-aquis
https://youtu.be/-cx1Am2UFCA
This interview merits an hour and a bit of anybody’s life if they are interested in crypto , or even if they are not . Right up there with Saylor’s Ross Steven’s interview
Just a small mention of Argo after 10 mins by blonity
Even taking account of crypto winters, as Michael Saylor says BTC has averaged 130% growth pa over the last 10 years. He thinks most will be found by 2035. We have overtaken silver, by then we will have overtaken gold (currently a none appreciating asset) and will have widespread adoption with the commensurate demand for the rolls royce digital store of wealth. Clearly, we will HODL what we have, will we borrow/leverage to maximise our play in the crazy BTC race that is already unfolding? The SP is IMO massively undervalued based on BTC we have and are likely to mine but the widespread adoption of crypto goes way beyond BTC and many multiples of our current SP are available for a co that is not just a BTC miner, which we are not. Smart growth and diversification remains the key and if we get this right we will all talk about the day when Argo stock was not even £1.50
James is excellent and called CS well. His DCA show with George is not to be missed
https://youtu.be/aUEhwe2GvtY
This Saylor masterclass is well worth the long watch for a
Deep dive into the macroeconomic cycle of the miners . Very illuminating and brought to mind Peter Walls comments on it not being about weeks and quarters
This has,IMO, to be a no brainer at this price . With the newsflow due to start being unleashed after the 25/40 days quiet period and the bull run beginning to build for BTC I think this will quickly rebound to 160 before it even begins to move to the level the fundamentals suggest it should be
I think the link I posted is when analysts can rate stocks . As we know companies can pay for analysis so it’s a potential way of getting news out through the back door before the end of 40 days
https://www.briefing.com/calendars/ipo-quiet
This suggests the quiet period ends 18/10
Now that BTC is heading back to the level it was last at in April and looks set to break and significantly increase its previous ATH in the final quarter bull run and likely beyond is our company in better or worse shape than it was then ?
We HODL more BTC , we are on Nasdaq , we have a new facility being developed where energy is cheap . Smart growth has been our mantra and although the effect on the SP by dilutions has been unwelcome if we think beyond weeks and months we look to me to be in much better shape than we were when the SP was north of £3.
18/10 is when the post Nasdaq news blackout ends and I think from next week onwards we will see our SP movement begin to reverse and sentiment begin to change positively
There are only so many BTCs and the alts have had good rises . When people look for value the miners look to offer it atm , if only for their current BTC holdings alone .
And maybe just maybe a whale will decide the best play is to own a miner - Microstrategy could buy us with small change and pick up a shedload of BTC in the process at what looks like a really cheap SP . Then there would be no problems funding Texas and any new machine out there
Dssloan I took a good position too in Solana and also in Luna and algo , and of course hold BTC. I used to think ARB was a good leveraged play but it’s not playing out that way atm . My crypto has given much better returns the last few months
My guess is as a newer company they are still having to do a bit (coin!) more ducking and diving than the larger peers .
On the interview that PW did with Micheal Saylor he agreed totally it was madness for a miner to sell BTC .
If Saylor :Microstrategy were to buy a miner surely we would be an attractive one and it’s a good route for him to get even more BTC . What a game changer that would be for ARB
There seems to be more chat about the miners hodling and Micheal Saylor even referred to it recently as one of the big factors that could cause the bill run to continue and propel the BTC price
One of the US miners announced that they are using their BTC reserves to borrow money to buy more machines to try and find and HODL more BTC
Although we are not totally coupled with BTC the current SP completely fails to recognise the current value of BTC let alone where it looks set to go Q4
If BTC trebles the better Alts could go 5* or 10* . What will this mean for the miners that might be seen again as a leveraged play ?
Predictable Moi! Thats Argo today . Market machinations don't affect inherent value here
The US market will quickly absorb this today and begin to realise what a bargain this share is compared to RIOT and MARA,
Expirations finish tomorrow and we know what normally happens to BTC the week following.
And by the end of next week we end the crypto golden quarter of the 4 year cycle.
We know how much PW likes a mischievously timed RNS
It's offered some trading fun today but get locked out at your peril!
Thanks for posting the link. Good presentation and interesting comparisons with gold miners
Agree with most of your take anditsgone. Providing the mini bull run continues I now see this as a question of when not if the SP pops. Its bloody annoying we are low than we were a week ago when BTC was c$37k and that shows we are less tethered directly to the price of BTC. But we now look woefully undervalued if the rumour mill from this week is put to bed.
But a couple of times now we have had bad luck (or judgement) on the timing of news just when we should have seen some real effect from BTC increasing
Personally I think we should now be £1.60 to £1.70 and when we get back there the path to £2 this year looks a smooth one.
What’s not to like is it’s as if the whole market has been let out of crypto lockdown and boatman has infected us with a new Covid variant . Even though it’s a false variant it’s locked us down from the crypto party we should be enjoying
It’s surely pretty easy to show the facts of what a fair price for development land is in Texas. Just awful timing though and it’s not the first time this has happened , combined with what was a poorly worded RNS just as the BTC bulls are charging.
The fundamentals and the buy opportunity have not changed but a company that prides itself on engagement with retail investors needs to address this quickly.
I doubt Michael Saylor will be in a rush to invest atm , if he even was . His comments in 2022 and the year of the Nth American miners was fascinating though
Would personally hope for at least 150p if BTC holds near $45k . We kind of missed the uptick from last weekend as it fell away a bit on Sunday but I think before then we were 136p when BTC was $37k . Sentiment seems much stronger now with the feel of some early FOMO for BTC . A solid 150p this week would be nice to start a trajectory back above £2