Member Info for LTInv

muscles, the trajectory of BTC after the May-20 halving is slightly different to the last, am I wrong? You might be entirely right, but time will tell. There are also macro-economic factors pending i.e. the FED could crash the markets soon.

Additionally to that, mine was just an example on 2 scenarios, used to explain the communication and transparency factor being moaned about. The 100K scenario might not materialise before the next halving, but is not the end of the world for Argo. As I said there are multiple options after phase II, which bring us anyway until 2023 and 14-18 months away from the next speculation, hype and volatility phase post-halving.

Argo has also the option of not adding, HODL and producing with the current equipment. I expect many miners will disappear if we enter a heavy bear market. Argo is well positioned and quite safe with low production cost.

Timing is key, hence PW and Co. do not know exactly what they will do in 10-12 months from now. Many interpret this as lack of transparency or hidden agenda.

Muscles, if I knew the answer I would be in my yacht already drinking a ****tail. BTC went down to 28K a few months ago, and then up to almost 70K. Isn't it?

If you don't believe in BTC long-term, then you shouldn't have invested or LOVE this share in the first place. Because nothing has changed, BTC price fluctuates since 2010. And 41K USD a year ago was a dream for many. Now is a tragedy. People gets spoiled.

It is transition, muscles. If you knew all the facts when you invested, then there would not be upset, because really nothing CONTROLLABLE by Argo or PW has changed.

There could have been more information on how the infrastructure would be funded? Probably true. But have you thought they want to keep all options open, and sticking to transparency? They know they have a few options: equity, loan, cash reserves, or BTC HODL.

Example:
* if at end of 2022 BTC is at 100K, they might consider selling some at ATH to fund more miners
* if BTC will be at 20K, then they might go for one of the other 3, or a mix.

Helios is HUGE, but there is no need to fill it all with machines in one go, is going to be progressive. It would not make sense as you want to leave your options open to upgrade, and is not even possible at the moment due to the shortages.

There are many factors you want to consider, and the fact they have not clearly stated how funding will occur after phase I, is just a sign of transparency. They simply do not know yet.

@calamari: You are stating the obvious. Your point being? You cannot be real.

@muscles12: the dilutions were expected. My analysis (posted) from early 2021 were closing 2021 with 470/500 shares outstanding. I had done my DD. And you?

My only disappointment was how Nasdaq turned out to be, but then cold-headed it was clearly due to americans not liking nor prepared for the dilutions, which were necessary and expected.

Herdie, we know Phase I and Phase II are basically fully funded. Phase I is confirmed, Phase II should not be a problem, not confirmed yet, but again 30m can be funded with whatever they want, even with a small dilution, is not going to cause massive disruption.

Then, let me ask you this question: what do we expect the monthly production to be after Phase I, and after Phase II? and the relative HODL increase?

Your answer is there.

Let me add, if I may, some further facts, not ramping. Happy to be challenged on this, feel free.

Annual performance figures:
* 350% increase in market cap
* 150% increase in hash rate
* 1140% increase in HODL
* 1882% increase in HODL value

Comparison 2020 vs 2021:
Market cap: 101m / 457m
Shares in issue: 307m / 468m
Share price: 0.33 / 0.98
Mining capacity: 645 PH / 1,605 PH
BTC Price (GBP): 21K GBP / 34K GBP
HODL Value (GBP): 4,4m / 88.8m

Plus in 2021:
Helios
Pluto
Wonderfi
GPUone
TerraPool
CCA
Nasdaq

Precisely and factual, LA. And addressing the funding "fears" of many newbies. It is all in the RNS, due your DD and OR, chaps, it is all there. 2022 hash-rate increase/miners can be easily covered by cash reserves.

Helios Phase 1
* expected to be completed in the first half of 2022
* +100MW of power capacity
* It includes the electrical interconnection, infrastructure and machine hosting facilities using immersion technology.
* Estimated cost: $50 million
* 20,000 Bitmain Antminer S19J Pro machines.
* “…to be paid in periodic installments before final shipment. The initial deposit is currently being funded by the Company’s cash reserves.”
* The machines are expected to increase Argo’s hashrate by over 2 Exahash and are expected to be delivered and installed at Helios in monthly batches from Q2 2022 through Q3 2022.

Helios Phase 2
* +100MW of power capacity using immersion technology
* Expected to be completed in the second half of 2022
* Estimated cost: $30 million

LSE should consider adopting a minimum age requirement for signing and posting. At least 15.

Wrong, calamari. And it explains your actions. Get the definitions right, for your own sake.

… this is the kind of stuff that I enjoy reading. Right now on my mobile, but will take your post for review and analyze your figures, later on. It is appreciated, thank you.

At first look earnings look low. But even though that gives a PE ratio of 10, which is the lowest between the miners. And not taking into account hash-rate increase and massive production increase incoming.

As soon as we have news on the rigs, sentiment will change (and we all know that can happen overnight without notice) shorters will burn and we will be back on track. Nothing has changed in respect to December 2020 or July 2021.

Dilutions? We LT holders put them into account long ago.

BTC fluctuations? Same. The opposite would have been reckless.

SP fluctuations? Same. We are here for the full meal, not for the crumbles.

They have always been, passing along and disappearing. The same will happen here, but I would like to understand if there is substance behind them to support or justify their existence, before clicking on the magic button.

I hate the trolling, but enjoy the factual both negative and positive. Don’t like derampers nor rampers.

We LT holders have seen it all. People like you have passed by and disappeared after a while, in both ways.

I am just giving you a chance of proving me wrong.

I noticed, indeed. Calamari seems to be chaebols parrot

Hexam, please give me your calculations of the PE ratio for Argo, and we can start a discussion.

Chaebol, same for you, why have your view changed? Due to the relative small dilutions and uncertainty around the rigs in Texas? Pls help me understand.

I care because it disrupts my reading. Similar to ads in the newspaper.

I would like to see more factual comments and posts, to make interesting. Right now this board has become just a nest of trolls and bashing trying to drive sentiment.

It is sentiment, not blind luck. ARB is in a transition period.

Shorters like you might benefit short-term at the risk of getting theirs bums burned.

Long-holders like me are looking at the long term. SP fluctuations are not important, as long as the strategy is clear and the numbers are in our favour.

Time will tell, enjoy your moment, is short.

Seriously mate, why don’t you find something else to do with your life?

I visit this board once in a while, and all I find is constant utter crap from you every minute of the day. Nothing beneficial in any possible way, just constant trolling.

Get a life.

MARA P/E ratio of 40
ARB P/E ratio of 5

At current 83% margin, the earnings will increase further and that PE ratio will decrease further, unless the SP recovers.

Facts, not chaebol’s usual bashing, misinformation and BS.

Patience and ignore the troll.

Until there is clarity on how they are going to fill Helios with machines (funding), I doubt it. ARB is where it is (super low PE ratio = undervalued) due to the past dilutions, fear of new ones, and the huge project. However once this key question is answered, 2.5 GBP will be a thing of the past, also with BTC lingering at around 50K USD. ARB is hugely undervalued even without considering what Helios will add to it, and anyone able to make basic maths, know that.

Is this good or bad news for us? Not sure what to think