Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lol, SpAgBOl spends all day trying to bat off everyone who calls him out for what he is now! You’re busted sPaGBol, it looks ridiculous now.
“…I did Joint venture turnkey agreements with Evans Energy and Enermax I hit gas in several projects and we hit oil in Yoakum county which is quite close to Dickens but im sure youll all go deranged.”
Sure you did sPaGBol Jimmy, then you went on to finish top of your class at Top Gun! Lmfao!
Hahaha, Dickinson county doesn’t even exist in Texas, it’s fictional, just like the rest of his bs.
BC, I know right?! Hahaha, what an existence!
sPaGBoL Jimmy, nobody believes you sunshine, it’s all make believe nonsense, you’ve been caught out far too many times.
Hahaha Rookie, honestly there’s no substance to engage with in your rant, just guesswork on your behalf trying to be spun as fact. Watch the Q&A, read the investor presentation, and most of all stop acting like a spoiled child who didn’t get the action man he wanted for Xmas. All actual fact is available, AB and Hexam have run the numbers if you care to look back far enough.
What you’ve posted is your own opinion, not fact.
Krautyankee, it’s at best a rant, if not then sensationalist rubbish.
All things mentioned were addressed in the Q&A, either stated, answered, or given a timeframe (ie Half Yearly's) for further info.
Honestly, Rookies post is pretty amateur, full of guesswork, and the line about "wanting to open investors eyes…", at least that bit made me laugh. You get all sorts on here don't you!
Rookie, what I’m saying is that just about every conclusion you reached on the long rambling diatribe you posted is pure guesswork on your behalf trying to be passed as fact. Utter rubbish.
Here’s what’s going on Rookie, everything else is conjecture, hearsay, pure guesswork. AB and Hexam have gone through all the numbers here so we have those, the rest is down to executing Helios well and riding out the low btc value. Simple really, no point in frothing it up like the other chimps.
Argo Blockchain June ‘22
- 90% of Bitmain machines paid for
- 95% of Helios paid for
- Well positioned for Bear market conditions, quote “Balance sheet strong enough to withstand lower prices, and potentially take advantage of any increase in market share, and any downturn in the costs of machines”
- quote re upcoming expenditure, “we don’t have a ton of huge costs coming up the vast majority of our Bitmain machines and infrastructure is paid for. Intel costs coming up but flexibility available on that, we can lean in or out depending on market conditions.”
- quote re opportunities surrounding distressed assets in the market, “I don’t think it’s a secret there are miners that have over committed to orders and have put down deposits but don’t have anywhere to put those machines or don’t have the capital to pay for those machines.”
- Debt —— 1) Btc backed Galaxy loan (more details of strategy/hedging at the half yearly). 2) Nydig infrastructure loan. 3) Nydig machine loan (flexible). 4) small mortgages on Canadian properties.
- Market leading in ESG
- Tier A miner
- Low power costs in Quebec and Texas
- One of 4 company’s working with Intel. Epic building ARB bespoke miners incorporating the Intel chip.
- quote “We played it smart in 2021, we didn’t over commit.”
- Hashrate directed at TerraPool under constant review. Other Pools looked at as well.
Agreed BC.
“Haha yes it must be the stress of the money ive made here”
Blimey, you’re starting to sound like sPagbOl Jimmy, hence my concern for you!
Glad you can see me again :-)
Blimey, is it just me or has FP gone off on a right tangent?
Is anyone able to check on him? Jokes aside he’s been all over the shop lately. Sounds pretty stressed.
Haha AB, you are spot on there.
Jeez FP, you have become a bitter and twisted individual.
Information pertaining to ARB is out there written in RNSs and contained within videos etc. Hexam and AB are good with the numbers and are broadly aligned bar a few ponderable’s so we get the benefit of seeing their calculations regarding today, but there are too many unknowns to “calculate” tomorrow just yet.
So you are left with a choice, like what you see and invest, don’t like it and don’t. But hanging around on a board attacking people out of frustration doesn’t seem a productive use of time. You’re a trader, traders don’t normally care about fundamentals, just the numbers, why do you get so uppity?
So in the mire that is your mind FP, any news that is put out is either a lie (if from PW) or a ramp (if from an investor), anything not put out points to lack of transparency and therefore open to conspiracy and conjecture on the part of you and the other chimps? Also it seems anything put out by AB is open to attack by yourself, even though he is broadly in line with Hexam who draws such praise from yourself.
In the interests of transparency, is that about right? It’ll help with my naivety.
“They have been knackered for the last 6 months . If your still in any doubt , look at the terrible mined numbers”
I must’ve missed the “knackered machine” update or RNS! Lol
“Is there any finance secured on the Helios building Hexam?”
Not there is not.
There are small mortgages on the Canadian properties.
Krautyankee, Looks like direct quotes and info from the post AGM Q&A to me? Have a watch for yourself. Please!
Argo Blockchain June ‘22
- 90% of Bitmain machines paid for
- 95% of Helios paid for
- Well positioned for Bear market conditions, quote “Balance sheet strong enough to withstand lower prices, and potentially take advantage of any increase in market share, and any downturn in the costs of machines”
- quote re upcoming expenditure, “we don’t have a ton of huge costs coming up the vast majority of our Bitmain machines and infrastructure is paid for. Intel costs coming up but flexibility available on that, we can lean in or out depending on market conditions.”
- quote re opportunities surrounding distressed assets in the market, “I don’t think it’s a secret there are miners that have over committed to orders and have put down deposits but don’t have anywhere to put those machines or don’t have the capital to pay for those machines.”
- Debt —— 1) Btc backed Galaxy loan (more details of strategy/hedging at the half yearly). 2) Nydig infrastructure loan. 3) Nydig machine loan (flexible). 4) small mortgages on Canadian properties.
- Market leading in ESG
- Tier A miner
- Low power costs in Quebec and Texas
- One of 4 company’s working with Intel. Epic building ARB bespoke miners incorporating the Intel chip.
- quote “We played it smart in 2021, we didn’t over commit.”
- Hashrate directed at TerraPool under constant review. Other Pools looked at as well.
The only thing I’d add is that we should expect to see news on machines installed, updated hashrate, and of course btc mined in the June op update.
Onwards and upwards!!
Hilarious! SpAGbOl Jimmy losing his mind as we watch. Honestly I think he’s lost track of his own bul**hit.
Trying to throw mud in every which way, desperately chucking out nonsense statements, back to name calling (his default position as we know), and still trying to convince people he’s some kind of genius trader living in the Far East. I’m sure people study people like him! Lmfao.