Member Info for Phoebus

It was hard to build a decent sized holding here with little available, yet with excellent farm out news and drilling getting ever closer a linear pullback of 30% as soon as breakout occurred is taking the P a bit.

Nor can I Machoman. This was higher in Feb and almost this high in Sept 2020. General equity markets and gas prices have rocketed since then and time until drilling has reduced dramatically. Market seems to have lost the plot on this one.

Chirpy chirpy.

Personally I'm delighted as I only had to pay 140p to top up instead of the 151.7p US close price. :D

Personally I'm delighted as I only had to pay 140p to top up instead of the 151.7p US close price. :D

https://i.kinja-img.com/gawker-media/image/upload/c_fill,f_auto,fl_progressive,g_center,h_675,pg_1,q_80,w_1200/387ff54b8e83f69654b51ee376f87fb1.png

Aligned with BTC? BTC needs to reach 90K for ARB to reach £2? How were DMGI and DGHI able to roof it the last few days then? Their moves came from nowhere and were totally out of proportion to BTC's performance over the same time period. No reason why ARB won't follow suit. Once this rally looks like its a goer there's every chance it will snowball and ARB will take a quantum leap higher. It's happened before and ARB is very undervalued on relative basis compared with the other mid and big cap miners according to Blonity's BMXI metric.

Personally, any court winnings from Italy have slipped well down my list of priorities for QBT. This is now all about the crypto mining chip project and the unfolding rally in the crypto markets. All looks very good to me.

Personally, any court winnings from Italy have slipped well down my list of priorities for QBT. This is now all about the crypto mining chip project and the unfolding rally in the crypto markets. All looks very good to me.

If it's warrants exercised then another £650K for the company. Win-win.

If it's a sell then overhang gone surely.

Megson, cheers for the heads up. Would never have known as the turnip's been on filter for some considerable time already.

Spot on Bluhope. The situation here has changed dramatically since the March hearing. QBT is a very different beast with its mining chip project now front and center. The market will be focused on news flow regarding the creation of more efficient crypto mining chips and any money windfall from Italy would just be a nice bonus on top. Today's SP action looks like normal consolidation to me. And BTC is still at ATHs.

'The Company’s patented ASIC ULTRA Boost improvements (patent under application) will be added in the next few weeks, as a result of the close cooperation between the in-house cryptography expert and the Company’s FPGA designer.'

'The Company’s new R&D IT infrastructure, which will also allow for Bitcoin mining tests to be carried out, will be operational in five weeks’ time.'

Should get some updates soon.

Great for sector sentiment.

Take a look at GCL's NAV. It's a basket of uranium stocks, which is in vogue, but so is crypto and arguably much more so. GCL's Their SP is currently 71.5p and yet NAV is only 60.5 and diluted NAV only 56.7p. If anything, GCL's assets are probably less liquid than KR1's. Meanwhile by my calcs KR1 sits at 30% under NAV as BTC makes a new ATH this morning. What is the market playing at?

https://www.lse.co.uk/rns/GCL/net-asset-values-8zon9t3gz9f5g36.html

Take a look at GCL's NAV. It's a basket of uranium stocks, which is in vogue, but so is crypto and arguably much more so. GCL's Their SP is currently 71.5p and yet NAV is only 60.5 and diluted NAV only 56.7p. If anything, GCL's assets are probably less liquid than KR1's. Meanwhile by my calcs KR1 sits at 30% under NAV as BTC makes a new ATH this morning. What is the market playing at?

https://www.lse.co.uk/rns/GCL/net-asset-values-8zon9t3gz9f5g36.html

Utter BS. Investors minds are focused on next year's major drill.

Great post Rookie. Thanks.

If we take the current ARB SP of 127p and divide it by the average BMXI of all the miners in Blonity's comparison and then multiply it by ARB's BMXI we get a SP of 173p for ARB on the average BMXI rating. If we exclude the two small cap miners DMGI and DGHI, which always seem to lag then it jumps to 236p. ARB looks significantly undervalued on this basis.

According to his update from yesterday ARB is now the best value among the big cap and mid cap miners.

https://www.youtube.com/watch?v=DVxwdArdtYY&t=1278s