Member Info for Phoebus

'Tullow is now working with its joint venture partners on the overall prospect inventory and developing plans to unlock value from this acreage.'

This has been the case for some considerable time. Could they have said any less? Some folks get excited at nothing whatsoever LOL. Next TLW update will be how many months off?

cryptos surging and Ackers increased holding. This is looking very good indeed.

Contract is a good idea NB. Nice thinking.

£2.78M that is. LOL

Assuming 16,000 ton x 300 g/t (rough average) / 31.1 (g/OZ) x 25 ($/OZ) x 0.72 (USDGBP) = £2.78 total sale value of silver in tailings. We then need to subtract equipment and running costs from this figure so I fail to see how this will yield much in the way of positive net cash flow.

Hopefully this posts better.

_______Now__1M high__3M low__Now / 1M high__Now / 3M low
MARA__36.8___49.4_____4.5_____0.74__________8.2
RIOT___52.2___79.5_____8.4_____0.66__________6.2
HIVE___5.3____7.3______1.2_____0.74__________4.3
HUT___10.6___16.0_____1.4_____0.66__________7.3
ARGO__238.0__340.5____9.6_____0.70__________24.8

Conclusions

1) All five stocks are between 66% and 74% of their 1M high and although NASDAQ listed MARA is the best at 74% OTC listed HIVE equals it. NASDAQ listed RIOT is also joint worst at 66%.

2) On a three month view ARB has completely trounced all the others.

Stop trimming the post admin.

Not this moan again. It's not that simple. Zoom out.

Now 1M high 3M low Now / 1M high Now / 3M low
MARA 36.8 49.4 4.5 0.74 8.2
RIOT 52.2 79.5 8.4 0.66 6.2
HIVE 5.3 7.3 1.2 0.74 4.3
HUT 10.6 16.0 1.4 0.66 7.3
ARGO 238.0 340.5 9.6 0.70 24.8

Conclusions

1) All five stocks are between 66% and 74% of their 1M high and although NASDAQ listed MARA is the best at 74% OTC listed HIVE equals it. NASDAQ listed RIOT is also joint worst at 66%.

2) On a three month view ARB has completely trounced all the others.

Not this moan again. It's not that simple. Zoom out.

Now 1M high 3M low Now / 1M high Now / 3M low
MARA 36.8 49.4 4.5 0.74 8.2
RIOT 52.2 79.5 8.4 0.66 6.2
HIVE 5.3 7.3 1.2 0.74 4.3
HUT 10.6 16.0 1.4 0.66 7.3
ARGO 238.0 340.5 9.6 0.70 24.8

and even higher earlier near all time highs. Another excellent day for KR1.

Almost all of those red trades are buys.

BTFD

Me too. Court hearing is indeed tomorrow so some have probably sold a bit in advance despite it looking likely to be positive. At the same time we have BTC and altcoins on fire with associated equities doing very well. Some strong cross currents here right now making it very hard to predict short term price movements. Zooming out a bit and CLP looks peachy.

https://www.zerohedge.com/crypto/bitcoin-rejoins-cuatro-comas-club-whales-bought-dip-nft-demand-accelerates

Not sure I agree about keeping the size of investment in new ventures constant. As the market cap increases they should scale their initial investment limit. If they limited it to $200K when KR1 was £20M market cap, they should increase it to lets say $1-2M now KR1 is £200M market cap. That's how they'll really scale the business. If they don't have all the funds they need only sell a tiny amount of their portfolio to cover it. Obviously they need to weight up the relative merits and act accordingly.

Chop chop COIN. Cryptos and crypto stocks taking off.

That's a very nice surprise and SP is currently very low. Jabillo is 13.5 MMBOE net to WTE, which is huge for the market cap. Fantastic buying opportunity.

https://investegate.co.uk/kr1-plc--kr1-/prn/investment--automata-network/20210309070100P4790/

Very low grade posters.

Chart is excellent and crypto bull market looks peachy. A great 2021 awaits us on the good ship Argo. :D