Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
speedy is the expert here, so he will probably be more helpful than me.
However, bars are less expensive per oz. (the bigger the cheaper per oz) but if you need quick cash at any point in time and do not want to go around with a bar, then coins are more adequate. Same logic with gold vs. silver.
Also, best to not keep them at home if you are planning to buy a substantial amount. If you keep some at home, hide in different places and do not tell anyone you got some. Do not do too many places though, you will forget. Better good places than too many.
In regards to the current price, perhaps divide your investment in a few tranches. I.e if you are planning to put 1000 GBP, buy 100 GBP worth every month, or 300 a quarter, etc.
One last thing: Britannias 2021 are a beauty.
I guess the lack of communication is due to the Nasdaq 40 days period. When is that due? That’s another nice piece of information, would be good if someone more informed than me could put an agenda with key dates going forward.
Hexam I’m with you there. However is enough to stay in the conservative side to prove Argo is undervalued, without adding future BTC appreciation and all the different investments in Pluto Epic etc. I have done this in the past and posted it here, you can probably still find it, is quite straight forward since we know the margins/cost per BtC. I will do it again and repost as soon as I find some time. I remember basing my calculations in such a a conservative way that added dilution up to 400 or 450m shares
Thanks for highlighting the error there, is helpful.
Do we know whats the plan with the money raised on the IPO? We know of course is to fund Texas but up to which stage? Is this information readily available within the past RNS perhaps? I have not had the time to go in full research to update myself, yet. I think once this questions are cleared and fear of further dilution is behind us, blue skyes ahead. IMO of course.
You should be looking at the PE ratio The chuz considering a lot of other things. I have posted the calculations in the past, and I believe our PE ratio is around 10, while RIOT and MARA around 40/60. If we would be valued like them our SP should be way higher, around 5/7 GBP. Need to go back read my notes and recalculate to be more precise
Agree, hope is a mix between HODL and the money raised in the IPO, but our dear friend PW should come clean with it rather than writing RNS with vague statements leaving open doors for interpretation like “the rigs deposit will be funded with current cash”. Why not saying straight away is going to be fully funded? Investors ain’t stupid Mr. Wall, get your **** together
Excellent posts, very informative, thanks 600 and all. As mentioned in another thread, the only piece of information to all those amazing numbers is funding of all those miners. And the fear of more dilutions, which is what I believe is keeping the SP where it is, 65% below ATH, while all the other miners are 10/20% above.
I believe it would be beneficial to explain how they are planning to fund Texas and all the different phases up to the maximum MW capacity. Not sure if it has already been mentioned.
I am saying that because I think this is the main obstacle now, fear of more dilutions.