Member Info for LTInv

They sell and I buy. All good

Same here, but ARB can be on fire soon. Nasdaq+BTC bull-run to 100/200k.

Whoever it was, is a lucky MF and will not regret. It will double minimum.

Excellent informative post.

Agree Band1t, let's keep it factual. So for starters, some basics for Argo:

Shares in issue: 382m
Market cap: 489m GBP
Current SP: 1.28 GBP
BTC mined first half of 2021: 883
BTC HODL: 1,268
Mining margin of 81%

In projection and without increasing the numbers (last month mining was up considerably though, but leave that aside), we are looking at 1750 BTC mined at YE 2021.

1750*40K per BTC = 70m USD or 50m GBP
81% 50m GBP = 40.5m GBP
With a current market cap of 489m that's a PE ratio of 12

RIOT mcap is 3.6b USD
BTC mined H1 2021: 1,167 BTC
Current HODL: 2,243 BTC
Mining margin: 67.5%
Projection: 2350 BTC mined by YE * 40K at 67.5% margin = 63.5m USD or 46m GBP
With a market cap of 3.6b, that's a PE ratio of 57

You can do the same for Mara, and come up with a PE ratio of 65

Facts.

Agree, and is embarrassing how they go unpunished.

Good post. Only thing: I would never sign for 3 GBP in the next 2 years. Probably not even for 6.

To all genuine investors.

This board has become an anarchic place for trolls and shorters pollution.

My suggestion and personal approach: ignore them, don't respond, hoping admins and moderators do something about it at one point. In the meantime enjoy topping up, because this share is in HUGE discount. Denying that is simply trying to fit an agenda and blatantly lying. Shorters are scared, hence yesterday's laughable report. As long as BTC goes in that direction, they have no chance.

ARBKF 1.95 in the US

in a few hours

BTC at 100K and Nasdaq listing will be enough to get to 10 GBP. 2200 BTC mined per year is 220 million USD, minus ~20m in cost is 200m profit, PE Ratio 10 is 2b by 400m shares is 5GBP PS. PE Ratio 20 is 10GBP PS. Made easy, without getting into all the rest of variables which in most cases are add ups.

Texas then can double that, as we are HYPOTHETICALLY looking at 350/450 BTC mined per month, correct?

It would be interesting to understand the expected timelines of both Nasdaq listing and Texas operations go-live, but is probably too early to know.

And about to smash 34k

I remember some muppet saying it would never be over £1 again, only a few hours ago

And regarding the ramping... I read here when I can, write not so often.

Simply GGP does not need ramping.

The SP is just unbelievable, but... just further opportunity to buy more golden tickets, to be honest.

Nasdaq is nearer and BTC hopefully will recover over the weekend. Next week is going to be exciting.

and I topped up at 140... niiiiiiiiiiice!

pearls still around?

My posts in the past sure offer more value than your wild unsupported ranting. As I said, do your own research and stop winging. Personally I topped up today, and will be topping up more tomorrow if this goes under 2 GBP. I have done my due diligence, you can go and look at my very detailed posts on the fundamentals of this gem.

I have posted the fundamentals in the past, won't do it again, go and do your own research. If you are not happy with what you see, then move on, sell and go to the next. Fundamentals have not changed one bit. Argo is still very much undervalued.