Member Info for Phoebus

I don't see that Xenor. I think you'll find several miners have outperformed BTC in that time frame whilst ARB is spuriously recalcitrant. It was slow to get moving in the last wave and then absolutely roofed it to outperform the other miners. Rerun?

I concur Pedro, 245p.

which will certainly help. GLA

If QBT is indeed able to design chips that are capable of such efficiency gains then wouldn't a takeover be a likely scenario? The next few months here could be very interesting especially if the sector continues to re-rate.

To be fair, pretty much all crypto miners have done huge raises this year and way under the highs so ARB is no different in this respect.

Note that Fangtooth is not featured on that map, but the well site is roughly at the 'o' in 'Extension' in 'Jethro Extension'.

If you look at the map of prospects and discoveries on page 12 of the most recent ECO Orinduik CPR it is quite clear that Hammerhead is right next to and maybe even slightly overlapping several of the main targets on our Orinduik block. If Exxon and co are indeed intending to develop Hammerhead then I can't believe they aren't very interested in drilling those targets on our block as they would likely form part of the same development hub in the success case.

Exxon plays it cool on Hammerhead development and Tullow acts all coy on farm out. Could just be a case of both parties trying to get the best price. Further developments in the area may tip it over the edge. I remain very confident. GLA

https://www.ecooilandgas.com/wp-content/uploads/2020/02/AIM2020CP-ECO-Orinduik-report-Feb2020.pdf

If you look at the map of prospects and discoveries on page 12 of the most recent ECO Orinduik CPR it is quite clear that Hammerhead is right next to and maybe even slightly overlapping several of the main targets on our Orinduik block. If Exxon and co are indeed intending to develop Hammerhead then I can't believe they aren't very interested in drilling those targets on our block as they would likely form part of the same development hub in the success case.

Exxon plays it cool on Hammerhead development and Tullow acts all coy on farm out. Could just be a case of both parties trying to get the best price. Further developments in the area may tip it over the edge. I remain very confident. GLA

https://www.ecooilandgas.com/wp-content/uploads/2020/02/AIM2020CP-ECO-Orinduik-report-Feb2020.pdf

Those DMGI and DGHI tickers sure are confusing.

Slight correction ...

Blonity's last update of his BMXI miner valuation update was on October 26. ARB was already cheaper than almost all of its peers at this point. BITF was on a similar rating and DMGI and DGHI as usual were bringing up the rear.

https://www.youtube.com/watch?v=9nd_rXxiFGY&t=1067s

This metric appears to be calculated by dividing Blonity's BMX by each company's market cap. As there have been some large moves in some of the stocks since then we should be able to recalculate the current BMXI values for each stock by dividing its Oct 26 value by the current SP and multiplying it by the Oct 26 close price. Ceteris paribus I get the following result. Note that higher is cheaper relative to peers.

DMGI 1.74, DGHI 1.02, ARB 0.87, BITF 0.67, HIVE 0.55, HUT 0.49, RIOT 0.43, MARA 0.30. So all miners are now more expensive that on the 26 Oct with the exception of ARB which is on the same rating and DMGI which is even cheaper. BITF has moved from being cheaper than ARB to being much more expensive and even DGHI has gained in SP so much that ARB is not far off being cheaper, which is unusual. That leaves only DMGI on a cheaper rating than ARB. In short ARB is starting to look very cheap indeed compared to its peers.

Blonity's last update of his BMXI miner valuation update was on October 26. ARB was already cheaper than almost all of its peers at this point. BITF was on a similar rating and DMGI and DGHI as usual were bringing up the rear.

https://www.youtube.com/watch?v=9nd_rXxiFGY&t=1067s

This metric appears to be calculated by dividing Blonity's BMX by each company's market cap. As there have been some large moves in some of the stocks since then we should be able to recalculate the current BMXI values for each stock by dividing it Oct 26 value by the current SP and multiplying it by the Oct 26 close price. Ceteris paribus I get the following result. Note that higher is cheaper relative to peers.

DMGI 1.74, DGHI 1.02, ARB 0.87, BITF 0.67, HIVE 0.55, HUT 0.49, RIOT 0.43, MARA 0.30. So all miners are now more expensive that on the 26 Oct with the exception of ARB which is on the same rating and DMGI which is even cheaper. BITF has moved from being cheaper than ARB to being much more expensive and even DMGI has gained in SP so much that ARB is not far off being cheaper, which is unusual. That leaves only DMGI on a cheaper rating than ARB. In short ARB is starting to look very cheap indeed compared to its peers.

It does all read very well to me. With a nice pullback ahead of the news release, this looks primed for a move higher. GLA

Whatever the plans are currently, plans can always change. Plenty more wells are being drilled in Guyana over the next few months which may change the calculations of any one of the parties involved and doors may suddenly open. In the meantime we have plenty of drilling to look forward to on Canje.

Correction. 63%.

Correction. 63%.

Nice. Bit surprised at the pullback given how far we are below risked NAV. General markets conditions seem good.

DOT at new all time highs and KR1's DOT position alone is now worth 2/3 of the market cap!

Little market shake this afternoon on US ADP release, but KR1 NAV is already powering ahead again. Rocket Pool is up 33% and DOT has just hit a new ATH. Parachain auctions here we come.

https://www.youtube.com/watch?v=BdEe5SpdIuo
Cheers Elton.

Cheers Duke.

Thanks.