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This is a very negative RNS spun positively in my view. No signs of increasing mining capacity in the foreseeable future whilst competitors seem to be increasing capacity incredibly. I think PW and crew have messed up their procurement plans quite significantly here. Still waiting to hear about the increased capacity that was supposed to go online in July. Never just positive updates these days. It’s always, this that and the other are not what we said 3 months ago but don’t worry we’ve renegotiated something else that’s better (but it isn’t really). This is why Mara and Riot are rising again - they are moving forwards. By the way, if Argo had acquired loads of Chinese miners do you not think this would have been disclosed straight away. Don’t worry though we’ve got Texas, and it’ll either be empty or full of competitors’ machines.

This is a very negative RNS dressed spun positively. No signs of increasing mining capacity in the foreseeable future whilst competitors seem to be increasing capacity incredibly. I think PW and crew have messed up their procurement plans quite significantly here. Still waiting to hear about the increased capacity that was supposed to go online in July. Never just positive updates these days. It’s always, this that and the other are not what we said 3 months ago but don’t worry we’ve renegotiated something else that’s better (but it isn’t really). This is why Mara and Riot are rising again - they are moving forwards. By the way, if Argo had acquired loads of Chinese miners do you not think this would have been disclosed straight away. Don’t worry though we’ve got Texas, and it’ll either be empty or full of competitors’ machines.

Excellent news. A blue day and hopefully a podcast performance by Patrick that will put the wind back in the sails of this one. Let’s get some substantive news and then see what happens.

This price action is really starting to **** me off now. I can’t work it out at all, SP sliding down again after a recovery to mid 130s. It’s becoming abundantly clear that the markets have markedly downgraded Argo in recent months and unless BTC goes on an absolute tear to Ath’s again I don’t think any news flow from Argo will have a significant positive impact on SP. it seems to me that any BTC negative news is magnified in the SP but not vice verdas and as such Argo just keeps sliding. It’s very disappointing really.

Mr Slug, I’m not pushing negativity at all. Just not ramping like most on here and Telegram. I really hope Valereum comes good, sincerely I do. After all I want profit myself but I’m just becoming doubtful is all. GLA DYOR.

Hope not. I think it unlikely. The OTC delay is the crippler. If it had happened when flying the SP might have reached close to £1 to be fair. It’s just very disappointing that the balloon has burst. My hope on the horizon is the price of the placing with warrants at 80p. I’ll hold mine for the time being and wait and see.

Some are fanatical in support - just take a look at telegram….
Last month people on here ie Trippy, were predicting wild rises to £1, £2, £3 - Where are they now?
Fundamentals people, and this appears to be fundamentally very little at present. Hope I’m proven wrong otherwise a lot of private investors will have been walloped. Give us some substantive news Valereum!

I’d just like to see us hit £1.50 and above as we are stuck in £1.20-£1.35 range.

I hope they don’t sell space in Texas. If it’s as great as we hope, they should try to fundraise to fully equip. It’ll take time to acquire the machines to fill anyway and all the while we’ll be mining more coins.
Loans not dilution and sell hodl to achieve. Once full, just watch the money roll in. SP low at tge no. My only concern is with the recent orders that have yet to mount to anything and risk being left behind because our capacity is not increasing whilst difficulty so low.

That’s exactly the case unfortunately. It’s a long way back to 70p that’s for sure. Not convinced OTC will do the job anymore. GLA.

Totally agree Sanboy.
It’s just gone too quiet and lost all momentum in less than a month. Hope things turn around soon. Not market manipulation but investors are losing appetite because of a perceived lack of action. Desperately need OTC and further news on the bridge and tokens. Probably getting to bargain territory to be fair though provided some news is forthcoming.

Gaviscon, settle down mate, you’ll get an ulcer.
I’m invested here but thankfully not heavily as I derisked near the highs. All I’m seeing is a lot of praise from a few big fans but the SP is falling every day. I don’t trust DL or RP as far as I can throw them. All the talk of multi-billion pound valuations when the bridge is complete nonsense. I just hope normal retail investors don’t end up getting absolutely shafted here. This was 75p a month ago. Mcap halved in that time. Is that encouraging? No, of course not. However, on telegram you’d think the price had doubled. No OTC yet, no token, no bridge so what exactly is there? All IMOP of course. Good luck and DYOR. Personally I’m becoming very sceptical indeed.

How many outstanding warrants are there???
Always a worry for me as that stinks of BOD getting rich at shareholder expense. Disappointing.

I love the telegram group, it’s hilarious. Mainly nutters!

But DJ, what have VLRM got???
It’s just a concept at this stage in my opinion. Where have the VLRM token and bridge actually gone? Since Patrick’s appointment it seems to me that they’ve scrubbed the slate clean. There’s a lot of talk of subtle clues, wink, wink, nudge, nudge but f all actual facts. I just see the SP slipping every day for the past three weeks and start thinking this is all a bit of a sham.

Things have gone very quiet on here. Trippys back in care and nothing from the company except Patrick Young’s appointment. SP stealthily dropping back to mid 30’s. Glad I sold most of mine in mid 60’s as little doing here. Meanwhile there’s a bum fest going on on the telegram group. Pathetic really.

Argo. - the production figures you have calculated are mouthwatering, that’s for sure. You’d think lenders would be queuing up to offer funding given the company’s performance to date but who knows.
I hope you’re right about the selling strategy.
I think they’ll sell mining space to other companies initially when Texas is up and running. I’d prefer them not to mind. Next year, if things go as planned the SP can’t fail to increase.

Excellent posts Argo bull. Unfortunately, I think Argo will not sell any BTC as they’ve made it plain that they think HODL forever is the way forward. Personally, I think this is an error and I’d much prefer to see Argo establish a trading arm which would likely yield a healthy profit. Sadly, I expect further dilution in the next 1-2 years to fund this expansion but would much prefer loans. Also, purely getting that number of machines will be an almighty challenge over a shortish time period. Still, it’s clearly a win.

I really hope Peter Wall performs well in the interview tonight as it could definitely highlight Argo in a positive light and bring on board even more investors. I’d like to see a really composed interview and not lots of spiel from him.

Kitty, I agree entirely with your take on things. I am hoping for a return to previous SP highs in the next 12-24 months. There is a lot of positive news on the horizon provided the board can execute their plans.