Member Info for Monkfish6

Let’s hold on a minute eh. See if we can get to an ath before bandying about all this nonsense on here about £5-£10. NAV equates to about £1 currently. Wind your necks in!

Those vast operational costs???

I still wonder every month where the several hundred thousand pounds of staking revenues go. Never returned to shareholders in form of a dividend. Does it just go on paying for the two directors’ shell company? I’d like to see that profit returned to shareholders or clearly see where it’s spent.

Behave Duke. Super ramp!

Kr1 had a NAV of more than double current value during the last bull run and SP of £1.80. It dropped 80% so it’s highly volatile. Hopefully it’ll hit those prior heights but I’m not convinced yet. Hopefully it’ll hit £1. I can’t help thinking the Directors have set this up to look after themselves via their outsourcing contract rather than looking after the shareholders. Hope I’m wrong.

NAV down consistently since these monthly reports have been released. Small scale investments only announced. The earnings from staking rewards are variable but I’m beginning to wonder if they’re just paying the Directors’ wages month on month rather than creating shareholder value. Thoughts?

I’ve just looked at the monthly asset valuations since they’ve been released and was concerned that the NAV appears to be reducing on a virtually monthly basis and the staking rewards also seem to be going down. Any thoughts?

I presume all the tokens continue to depreciate in spite of the recovery of BTC in the last six months.

This once again is drifting lower and lower after recovering to nearly 50p. Duke was very vocal about it not that long ago but not much happening in spite of a couple of seed round investments released. Looking like it hit its peak in 2021 - thoughts on a bill run next year?

This share is a travesty. Thankfully i sold the last of my shares in Arb a few months ago after watching the constant declines at a hefty loss to be fair. The behaviour of the board has been criminal IMHO. Given the Nasdaq listing I am astounded by the governance failures here. I still can’t believe they didn’t sell any BTC at the peak and only abandoned HODL strategy when it was clear BTC on way down for a prolonged period. To only start trading with assets six months ago was also ridiculous. Hope Peter Wall is prosecuted. He misled a lot of people for a fair while. Disgusted!

But they’ve got to collect it. I doubt QBT will see much of the damages at all.

Argobull you’ve constantly cheered for this company in the face of totally contradictory evidence and abused anyone who opposed your view. You and Theeduke deserve to have lost plenty tbh, as you’ve probably cost many a retail investor more than a pretty penny.

Argo is screwed. Anyone who can’t see that is completely lost. Everything the board have done since the highs of last year has been a complete muck up. Dumped the last of mine at a significant loss at 29p on Monday. This went far too far last year. First warning was when PW sold. Should have rung alarm bells then. He’s a crook. Looking forward to his video. Onwards and upwards, quarters and years, etc! Disgraceful.

I don’t know why anyone would buy Argo now. The lights will go off in a year and that will be that. It’s ripe for a takeover as well and I doubt it’ll be at a premium. I just can’t believe how badly the board have let down investors. It’s just incredible really. Clearly, the spike last year was a nonsense but the fall from grace has been nothing short of epic!

I’ve just watched PW’s pitiful video explaining the RNS. He is totally inept. The decision to HODL at 70k BTC price was ridiculous, the lack of any trader for the best part of a year was madness and quite simply everything the board have done since the SP exploded appears wrong. Sold some at profit but this has turned into a nightmare for many of us. How anyone on here or Telegram group can say anything positive is beyond me. SP will keep falling. Nasdaq and FTSE listed failure. Awful.

I would say the RNS today pretty much consigns Argo to failure. A complete and utter ****show and Peter Wall shown up as the incompetent CEO that he is, all of course IMHO only. Selling machines, no power agreement still, Basically, there’s been nothing but half truths and lies in the past 18 months whilst the company steadily deteriorated. Helios now turning into farce after all that expenditure. I bet the production this month will be pathetic. Absolutely disgusted by this lot.

https://cointracking.info/portfolio/KR1ListedHoldings

How come the supposed KR1 wallet has assets of over £100 million dollars? This doesn’t compare at all with the RNS. This looks awful now.

Haven’t bothered looking in on this for a while but what a surprise, it’s dropped plenty, no further tangible progress and nothing valid in update. This is utter tripe. Sanboy continues to pedal propaganda on here. There continues to be concern about Leningas and his very chequered history. Thankfully my remaining exposure here is small after selling the majority higher. However, this has been an eye opener. Dodgier than a week old curry. Sanboy, I hope you sleep well at night you should be ashamed of yourself!

Argobull, BTC miner conditions are poor but my issue with Argo is the consistent failings of the board. Yes, Helios got built on time but they keep changing either timelines or projections. They have lied repeatedly to us all. PW is useless for investors although he’s made himself a fortune.

Argo once again disappoints. PW and pals are doing a terrible job for investors. This is going down the toilet in the next 1-2 years IMHO unless BTC price recovers to ATH. Anyone who is positive on this latest news is a fool. Hopeless.