Member Info for poorinvester

HC, I did a few very good trades in Arb, have more shares for the same money. I know this doesn’t make sense to you, but for me I expect to do the biggest rise here in ARB during this bear market. Yes if the bear market ends, say tomorrow Riot, Mara or one of the other big miners would be an excellent bet. However, I’m not convinced, we are out of the bear market.

AimMaster, it was joke and I did say it when it was 20 percent down. Now that you have turned up here, it should start rising.

Chaebol, I’m amazed, he hasn’t faced any flak. If he had any dignity, he would of resigned himself. PW really messed up, However, his mess up has allowed some of us to have a strong position in ARB now. I’m not saying never but I can’t see this ever going to 5p.

I know you don’t agree but this Helios deal has put arb in a strong position in this bear market. This is a good deal and done by PW, so maybe because of this deal, the ones that understand are ok with him.

Imho

Lol chaebol, PW is one of those geezers, if you shake hands with him, you need to check if all your fingers are present lol. He is a wideboy.

Let’s see, It should start rising if my calculations are right lol:-)

HC,

"Markets are never wrong, only opinions are."
Jesse Livermore

CLSK vs ARB is very complicated, we need exact figures on CLSK to do a comparison.

Mooh, Interesting you said that. "they spent $15M on Epic and Intel deal for final installment".

Surely there bank balance couldn't be zero at the time of selling Helios.
The sold Helios facility to Galaxy for $65 million and refinance asset-backed loans with a new $35 million. Plus they got 6 million back from NYDIG.
They reduce total indebtedness by $41 million. So total debt now is 79 million.
The RNS from 28 December said:
"The cash proceeds received from the sale of Helios, along with a portion of the borrowings under the asset-backed loan, will be used to repay all existing indebtedness, prepayment interest, and other fees of approximately $84 million (£70 million) and $1 million (£1 million)"

There are a few million missing in my opinion (machine sales), I could be wrong and the bank balance could of been zero so the 20 million tallies up, however, there is also a chance the intel deal happening, as they should of had around 10 million in there bank on the 28th of December before the Helios deal??

Just my opinion. I could be wrong.

I don't have time to start investigating a company i'm not invested in or plan to invest in, there are better miners to invest in. The mkt cap of clsk doesn't do justice to those figures, according to your figures, clsk should be the miner we all should be investing in, however the sp isn't reflecting that is it I I'll leave you to carry on deramping ARB, Hexam. Just can't be bothered with you no more.

Lol 0134, Hexam does strategically deramp a bit like what you do 0134. Hexam, is constantly posting incorrect figures, above is an example but HC hasn’t jumped to correcting them, It makes you wonder.

AB, I’m not saying Clsk are a bad company or are about to go under, on the contrary, I believe the are a cheap share to buy. What my problem is, how come the same scrutiny doesn’t apply to the miners they are invested in?
Imho

Hexam, Those figures are inaccurate, for example clsk borrowed 35 million in April 2022.
https://www.globenewswire.com/en/news-release/2022/04/26/2429180/0/en/CleanSpark-Finalizes-35-Million-in-Financing-from-Trinity-Capital.html
A little research would prove those figures inaccurate, but hell you don’t care, your agenda is to misdirected and trick lol.

Thank you FP. It will be interesting indeed.

Those figures are not accurate lol. I don't have accurate figures, as i'm not invested in clsk or intend to invest in clsk but them figures are not accurate.

Hi FP, hope you are keeping well. What are your estimates of monthly burn rate of ARB?

lol. you really are an idiot. Stop engaging with me idiot.

lol Chaebol, that's what the rns is saying, not me. Why would the rns lie?

Chaebol, a couple of weeks ago argo were threatening chapter 11 (accidently posted lol), now they have enough money to last them months, that is a very good thing. Storm of the century in USA last month so figures reflect it. 48 percent mining margins are excellent, no one would lie about it.

It wouldn't surprise me if PW would eventually join Galaxy, bloody good company Galaxy, they will come out of this bear market very very big. I might buy some galaxy shares on the next drop, unless PW joins them lol, then i'm staying well clear of Galaxy lol. ;-)

Be careful Quant, you might be accused of ramping. Hexam, can de ramp this to his heart's content, however, you are not allowed to be positive on your investment lol.
I still haven't been shown, what is negative in that rns?
They got good money for Helios? Total debt is 79 million, they have 20 million in the bank and their hodl has grown slightly?

stop trolling ARB, otherwise i'll have to make this my regular bb.
you know with comments like.
QBT are having a placing at 0.50.
The company is in severe difficulty.
QBT are thinking of chapter 11 bankruptcy.
And so forth, same as what you are doing on ARB.

Again Stnz, you still didn't answer the questions? Why would you do that?
You know arb's, now let's have clsk's.

Chaebol, you was saying arb will be bankrupt by april at the latest. Not looking like that my old maty. If clsk do a 200 million share dilution, I might look into having a punt in them but i'll still need to know their total debt.
imho ;-)

I'm more interested in their Total debt, stnz? and total cost of mining a coin?
Or proof that they will survive the bear market if it lasts another 6 months?

You know arb's though don't you? 20 million in the bank and Total debt of 79 million. Plus, 2.5 eh machines and two data centres. AND we don't even know what pluto or argo labs is worth. Plus there is a little hodl also. Let's have clsk's so I can also buy that knowing it will survive the bear market and make me some money.
imho