Member Info for mikey9997

IMO - If the company is making £12M PROFIT per year (approximate current rate) , the company should be more like 25p now and 60p - 80p in a years time.

So that would work out roughly £2 million profit a year at $3000 dollars. Which is a lot better profit than most £15m mcap companies I know.
With above $8000+ Bitcoin this should be a £100m company quite easily.

Has anyone calculated the Bitcoin price at which Argo is profitable? I heard a while back somewhere it was above $3000ish?

Quality, profit making, efficient, zero debt companies with zero risk exposure from the coronavirus on revenue and profit. There aren't many companies around like that. In the coming months as the poorly managed, giant corporate debt burdened, share buy back bubble shares collapse; this will stand above the rest. It may well fall on speculation but eventually the fundamentals and profit declarations will prevail. (Hopefully divis). I agree it will be Aprils accounts that might be the spring but the board will need to shout out what it is doing to protect sh value in the meantime. Bitcoin halving in May will also likely be a catalyst. Medium- Long term, no concerns here.

It's madness. Pure madness. I've decided I'm just going to wait for the dividends here. I tend to invest for growth of capital but if there is no reaction from the market to large revenues and profit then all you can do is sit back longer term and reap the rewards. People will come flocking when a divi is announced.

Looking like it will go through $9200 today. :)

Great to see BC getting adopted and accepted by developed countries. Duke - huge respect if you hold on for the big pay day. If this company keeps doing what it's doing then then a huge re-rate is more than likely. #Se.xdrugsandsausagerolls

Could that biodegradable packaging partner be SYM? Sure sounds like it!

All of these d2p products will have worldwide interest, 10 years in the making. Although it's obvious to us how transformative the FDA approval is, the market can be slow to react. Have patience, the start gun has only just fired. Once we reach £50 mill MCAP hopefully we will get some II interested (I don't know why they wouldn't be… every company wants to be seen to do the right thing). This company has products which could entice any food manufacturers or public health bodys to start!

Just a quick note to say I have been researching this company in some depth and watched the recent BBC radio interview. The possibilities for this technology is absolutely staggering! I can proudly invest in this company knowing that it may help these products come to market quicker and potentially save lives and protect/ clean up the environment! Conscience clear investing, love it! Holding very tightly!

Overall a positive RNS. Shame it lands in a time of stock market turmoil, might need our tin hats for a while yet. Could drop further with overall market outlook but hopefully we can hold onto ~0.55-0.60 support for the next few weeks whilst the O&G agreement is finalised.

Should have bought in the earlier 9 hours 25 mins?

Tally is awesome to be fair. :)

Very close now. Sell out and get caught out. No one will have sympathy for you :)

Slowly picking up shares when I can here. MCAP is a joke given the assets and prospects for this company. Once this starts taking off I'll be holding tightly for many bags.

Big delayed buy there @5.60p. Value totalling all of the trades today? Has it taken that long to get filled by the small volume?This should be at the listing price ~6p+ right now. Valued at less than £2m and the company has £800,000 in cash for drills in Q2 if I'm correct? Madness, fully funded, its like a free crack at a highly prospective gold vein with an extremely professional board. Multiple gold projects developing concurrently!

Looking forwards to my next top up too! Absolute bargain this. We are fully funded into 2021 and amazing project potential in AUS and CAN! Look at those rock chip samples! 61.2g/t!

Been doing a lot of research on this company. All I will say is that it is a long term hold for me. Very professional board, standard listing, amazing prospects at numerous licences, now a world renound geologist in the mix. Fully funded into 2021 and so pretty sure we are gonna see some strikes looking at the historic data and prospects of the areas in Aus and Canada. Add low number of shares to the mix (circa 49 mill) and we have a very exciting company developing. DYOR

Easy. VERY LOW free float. Looks almost illiquid. Get them while they are hot!

I noticed that too. I don't think he would be involved if there wasn't going to be loads of money to be made in time.