Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Glad to see this is flying….not!
Now more or less half the IPO price. OTC is not gonna double the SP to launch price. Looking like an absolute dog. Any positive thoughts from anyone?
I think the point you raise is highly relevant and would be an excellent question at the next q and a session. Everyone spends time kissing Peter Wall’s backside on here but it’s things like the above point that erode trust in a company. More debt encumbered. I wonder what his reply will be. It’s been a hell of a fall from £3 plus. I keep hoping for a half stable price but we can’t seem to find a steady floor at the minute. Smart money is arriving but it won’t look too smart if the SP goes below £1. Frustrating to say the least.
So, we can probably assume 200ish BTC mined this month…. 200x35000=7million x 12 is 84 million -80% profit = 67.2 million a year. Current mcap 500 million. P/e < 10. Growth stock, Pluto digital and Texas to follow. BTC expected to rise. SP looks very cheap to me. Am I going bonkers?
All this manipulation talk is nonsense. Selling pressure pushes price down. Having said that, a decrease in the SP today is ridiculous. No bad news at all and still down. Quarters and years for sure here but nice entry price for anyone with dry powder.
I’m starting to find it really bizarre that the OTC listing for these tech stocks is taking so long. I know they’re supposedly busy but this and NFT apparently applied 10 weeks ago now and guidance is 4-8 weeks. Is anyone else of the same view?
Quite honestly I don’t think Argo is holding up badly today all things told. Still highly profitable company, now more productive, more rigs online in coming months, Pluto Holdings ownership as well. It would be great if China FUD would do one but this is going to be the way of things for the time being. This will rise again. Some of the predictions on here are pie in the sky but £2 is not unrealistic in my opinion but not while Brenda is as jittery as now. More pain could follow but will likely improve in the next few months. Just think, if we get some sustained positive news flow this will gain much greater traction.
The recent performance here is incredible but remember it could be a case of buy the rumour then sell the news so don’t lose sight of your goal here. I’m holding for now but am aware this could fall back. Still very exciting to be part of this though.
Hope you’re right Dom but although I’m fully aware this is a fledgling company it would be nice to hear something from the BOD wrt an actual investment. Otherwise this’ll end up worthless in my view even with an OTC listing Valereum on the other hand…. Oh my days!