Member Info for poorinvester

HC, for the tenth time I'm saying the same thing, any company can go bankrupt and so can arb, however, the probability of ARB going bankrupt as things stand are not very probable. My investments are all based on probability, I'm not like Hexam, who believes this will probably fail but still is invest lol and wtf. There are better shares, if you don't like the probability here. We all know we are going to get the Q3 results and we know they will not be fantastic, so, why spread fear to the naïve investors?

HC, you are constantly posting rubbish, I correct you and you start insulting lol.

On 30th June 2022
Arb had:
Total liabilities = 138.51 million, including around 120 million short and long-term debt.
Total Equity = 165.16 million.
Total Assets = 303.66 million.

Corz and another couple of companies have been taken to court because they didn't warn the investors that bankruptcy is possible (in short, poor balance sheet because of bear market). This reason why PW gave the bankruptcy warning on 31st October, he is just watching his back. ARB are miles from bankruptcy, I would be very careful of HC's analysis of ARB, he has an agenda and he quotes wrong figures constantly, when challenged he turns to insults. My advice to any investors do your own research. imho

HC, you are doing it again just making stuff up. Where did you get the $160 million from?
Argo debt is a lot less then that.

Leak? Rns tomorrow? Has HC missed the boat?
Questions questions questions

Chaebol, knowing PW, he will be powering his personal swimming pool with them lol.

Lol

Trisor, Cine I've made loads out of and put it all in ARB. Just got a little holding in cine now, just encase it goes to 20p. they are suppose to come out of chapter 11 first quarter next year. Anything could happen there but I would really touch it with caution now, days of easy bags have gone there. Mind you if it did drop down to 2p, I'd pile in lol.

Trisor, I hope we get some news before xmas. And I really hope it's something worthy of over 5p. However, how things stand, my suspicion is most PI's (private investors not me) will sell into a spike because they lack confidence in this company. It is not impossible for positive sentiment to return but they need to start communicating properly. I'm saying what I'm saying because I've been invested here for a long time. I'm not trying to get in cheaper like United Guy.

You are awfully quite at the moment, have you bought back in?
Riviera Rick has been spiked judging by his post a couple of days ago.

Nanoo, if these guys updated shareholders regularly, it doesn't matter if it was good news or bad, just so we know what is happening, the sp would of been well over 1p. No one on this board has the slightest clue with what is happening. I've stopped posting here for that reason, don't have the faintest idea, what is going on. It wouldn't surprise me if the next RNS is that they have done a JV with some aliens for exchange of Muffin getting probed lol.

Sinden888, if this share ever got to 5p, I'll eat my hat, I'll eat my coat also. 5p days on this share have long gone, Muffin has made sure of that. Most will sell on a spike because confidence has completely been destroyed with a lack of communication. I'm hoping a JV is done with someone soon otherwise we are heading towards a placing.

What shocks me with this share is, that it has huge potential but is completely mismanaged on all levels, why?
Surely they can put a team together that can see something to it's conclusion. I've been invested over two years here and I'm not going to sugar coat anything. where is the nano plant feed? The Volz joint venture? Who is buying the copper solution??

Disappointment after disappointment but I'm still waiting. Over to United Guy to fill you all in. :-)

Argo is no where near switching off machines. Just wait for the next couple of rns's before you get excited HC.

Mags, have you ever added any with difficulty or are all your buys nice and easy?

Magmanus, have you thrown your £400k in yet?

Hi Mags, you still in CINE?

Stnz, Hexam claiming ARB breakeven point is over $40,000 is ludicrous, I'm in pain in stiches, due to laughing so much :-). This month due to electric prices coming down, It will be around $26k for ARB or under, no way more. I was expecting Farm to be higher but I wouldn't be surprised if it is $14,000 but still expect it to be higher.
imho

I might be wrong with the btc amount, it’s just a optimistic guess. The rest you will see, in right on. ARB will survive the next 12 months .They will get funding.
Imho

Dean, my assumption is Argo break even around $26,000. The nydig loans are btc price effective. PW did sign a pp with Ercot, so paid very expensive electricity prices last 4 months. The price of electricity have come down loads.

We will be getting q3 results any day now. I’m expecting arb to have mined 250 btc this month, with a lot less electricity cost. People that think arb is going under (strategically) will be saying they never said that in 6 months lol. Do you hear me HC and Hexam?

Chaebol is one guy I can relate to, even though I strongly disagree with him, the fella has balls and sticks to his guns.

This will get played out this month or next month at the latest.
Imho DYOR

Chaebol, completely agree with that mate. You have been spot on in ARB and BTC. I get most of my investment right also, I’ve only got arb and btc wrong. And I believe I’m about to get them right. Not long now, we will see.

Hexam, there has been a few over the last few months, board has been dead so not much posts lately. Just pointed one out to you as I said, I will.