Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Do you truly believe you are helping people by saying this?
BTC is the most desirable store of value now and ARB mine it. We are seeing the formation of a new financial system and ARB is a major player. It will fill the functions of a bank in the new order. Early days still. Totally compelling.
Its the changing of the guard and the end of central control over money. Still early in the game cos the old guard aint thrilled.
Why are they downplaying it like they invest in fiat but dabble in bitcoin? A misleading narrative.
Excellent
Does $4 get us on Nasdaq?
An ignorant article. "brokers covering the stock are forecasting earnings of about 2p per share at Argo in 2021" means around 8 mill profit. That is likely in Q1 by my reckoning. It also ignores rising BTC prices, NASDAQ, fund interest, Pluto, Zedcash and most of what is relevant. Motley Fool is history and unwilling to accpet as much.
I have been wndering about this too. If Bitmain are the only source for the most efficient machines then ARB will clearly be working with them. The relationship for any miners with Bitmain has to be the key determinant for long term success. Bitmain are operating in China and tried to list on HKSE 3 yrs back. PW clearly has a decent relationship with them but how close? He said "watch this space" in the recent videos. Here's hoping for a close strategic relationship. Do we know if Bitmain really has such dominance in this sector or if there are alternatives?
Spaffcoin
I haven't looked into registering but would try through https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit
Hey Mathsman, you considered premium bonds?
Thanks Bull. https://www.sharecast.com/index/FTSE_Small_Cap shows our mkt cap of around £290m would be around average in the FSE Small Cap index and https://moneyweek.com/499124/how-the-ftse-reshuffle-works implies that mkt cap needs to beat the bottom 10% of the index (based on process given for FTSE 100).
That suggests we will be on SETS by late March which hopefully removes or at least reduces MM interference. Another important milestone for ARB
Argo Bull, A fine thought to be rid of the parasitic MM's but why March?
BTC will take a massive slice of earnings from traditional finance sector businesses like Bloomberg. Sure they, along with other defenders of the establishment like Roubini, Lagarde, Buffett, Yellen, Dimon etc are going to protect their turf. Plenty more FUD to come I reckon
still over a week away
Thanks
Michael Saylors melting icecube. The largely ignored & hidden inflation must be a good pointer for many future investment areas as well as crypto.
If Blackrock etc set up BTC derivatives, what chance of the BTC price getting manipulated in the same way that is said to occur with gold? I believe the Central Banks would be happy. Anyone with inside knowledge of derivative markets got an opinion on that?
Threats of regulation are cries from the establishment. Yellen/Lagarde/Bailey are big wheels in the old system and they are fighting to protect their incomes and their dominant positions. It is an ongoing battle that is fascinating to witness for me. Like shifts in economic tectonic plates. We are told not to bet against the FED. Am I naive in believing that this time it really is different?
Ditto on the Scotland property plan!