Member Info for portal

I think we all do. Anyhow this chart is very interesting.
https://twitter.com/100trillionUSD/status/1345693720184819713/photo/1

Hobi, You are missing arithmetic. Dec20 Revenue=120 btc*£21897=£2.6m / month.
From Feb Revenue=200 btc*£21897=£4.3m / month.

Great thanks Simple00-. That makes a lot more sense. And thats why we have BB's Thanks again. PW explanation-
"Happy to explain - these warrants were expiring in February and were a minor part of my shareholding. Still have 5.7m options, 1m warrants and 570k shares bought this year. Shareholder value is being delivered and I’m extremely optimistic for 2021. Going to be a great year."

Thanks DSflat, that does actually make me feel a lot better. I agree as you'll see by my other post, Brian Noronha, I am very positive, hopefully doubles in January.

Thanks for the Info. Bananaman, I didnt see PW's explanation. Do you have it?
Genius Poptimist. I bought at 9p, 6p on the dip, topped up again 18p on the 23rd. And the fact is it is never good when the CEO sells, whatever the reason and especially when trying to hide the trade on New Year's eve.

Why is #ARB #ARBKF due a huge rerate in 2021?
Current MCAP as at COB Dec 31st.
Company; Mkt Cap/PetaHash = PetaHash/$1m Market Cap. The ARB PH/mkt Cap ratio is 10 times #RIOT. Lots to go.
#RIOT $1.15B / 566PH / 0.49PH/$M
#MARA $549M / 294PH / 0.53PH/$M
#BTBT $957M / 2253PH / 2.35PH/$M
#HUT $337M / 952PH / 2.82PH/$M
#ARB $131M / 645PH / 4.92PH/$M

Looks like CEO Peter Wall was, he sold at 29p, I am very disappointed and angry really. That will definitely put a drag on Monday's price

Every 1% move until below 3%, then no more TR1 required

Well done, sounds spot on to me.

Brilliant, Thanks Jammer

I think Leon loves this role, its like having a giant trainset to himself

Can someone clarify the 250k ton chrome per month. My guess this is the processing capacity and JLP would get a percent of chrome concentrate. In the July presentation- "Combined 200 000 tonnes per month processing capacity
• Targeted Production of 40 000 tonnes of Chrome concentrate per month"

So my guess is its 250k tonnes per month processing capacity and 50k chrome concentrate. The forecast was for £8.8m profit from chrome in 2021. so that increases to +-£10.5m

Sorry google gave me the scrap price per ton. Its actually £5224/ton, which means the turnover is £130m

The cobalt news is quite significant too. Although cobalt is 0.05% and copper 0.3% .The price of cobalt/ton is £25k and copper £3.6k. For copper at 25,000 ton that is a turnover of £90m, cobalt will be 3,875 ton/yr and the turnover in £'s is about the same as copper. I imagine the margins are very good.

SA president Ramaphosa has announced they move to level-1 from 20 Sept, therefore transport open to their neighbours from Sunday

The SA president has hinted at the country moving to level 1 next week. This will allow transport to neighbouring countries. Rumour is from 15 Sept. Hopefully the XTR equipment is packed and ready to go.

Spread is far too great 3.95 to buy on ii, 3.55 for sell. Very few will buy with that size of spread

Also 3 shareholders have 62% of the shares; they won't be selling.

I have a feeling that people were thinking Zambian production is a long way off. But 2020 is almost here. If the projects are delivered on time and everything I have read so far suggests they may even be ahead of schedule. I don't want to put a price on this, but I wouldn't be surprised if this doubles in 2020. Also while there are power problems in South Africa, in Zambia 95% of power is locally produced hydro-electricity.

Yes they are affected, I guess that is why the sp has dipped. Though not as bad the underground mines, were the power cuts will endanger workers. Been a mixture of you'll love this 'problems with wet coal', also there has been some flooding. Hopefully things recover soon. At present stage 4 load shedding, which means the have an under supply of electicity of 4000 Mhz. Equates to about 4 hours down time per day.