Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Well, looks like it could take up to 3 months to find a new CEO, so nothing meaningful until that event occurs. IMO of course.
I'm not denying that, but the sudden dip like this today is rattling my nerves (given what the price has done historically to those nerves over the last 12 months). It's odd that it's gone well against the general public miner trend today coupled with BTC moving north too.
Cor blimey....-24% now
Finding it a bit odd tbh...
Chart is telling me we could really breakout at 3p. Looking good here
Alert popping up on ARBK on Nasdaq site. Anyone know why? Doesn’t seem very clear what this is for and how it can be resolved (if necessary).
US JOLTs data at 3pm. FOMC minutes at 7pm. Expect some volatility later on.
Tbh, not had as much time as I’d hoped to digest the info, but what I will say is that PW and the management team have some front in spinning this as net positive.
I will digest more of this on coming days but what I will say is that I want a transformation of the management team, PW included. These lot need a moment of humility and an ability to hold their hands up to the fact they have also caused this mess. Feels like a cabal and therefore governance changes required. Sick of it really as it feels like they can make up their own weather when I’m looking out the window and it’s grim and miserable.
There is another monetary policy deviation factor that will probably sustain USD strength into close of Q2 2023 too. Whilst here in Blighty we are seeing some fairly immediate impact of interest rate hikes on the consumer and production side, the US consumer is far more ingrained into a 'fixed-rate' environment, which will require a longer lag between interest rate increase and economic impact. I expect no meaningful recovery in Bitcoin price that will make miners a more attractive investment proposition until Q3 2023, but Bitcoin is known to front run the end of cycles and we could potentially see a price recovery around May 2023. That's still a long time to keep Argo ticking over on fumes and i can't currently see how that can happen. There is simply no 'signal' at present that makes this potentially worth keeping alive.
It will really cap the comms from this company if they announce this on Friday though. Merry Christmas holders....here's a lump of coal or why not take a pointless ASIC off our hands
Man, i've been a moron to get back into this one a few months back.
Is this a business or a hobby?
My local lawn green bowls association grasps the wheels of industry with more verve and vigour than this crock of dung.
Yeah, totally agree. I very, very much doubt Powell will surprise the market tomorrow with 25bips. He's not in the business of being surprising whilst he's clawing back some credibility and he'll stay the course. No alarms and no surprises....
Sorry to take the convo off Argo entirely, but it's a bit of a balm to think of other things!
I'm kind of surprised (whilst hardly getting the bunting out) that they didn't have an RNS in for 6 this evening to say they are calling it a day.
It looks likely that they have metaphorically (nee literally) bought the top and sold at the bottom of the market. It would hardly be surprising to me if they call it a day tomorrow after close of play, Powell speaks and raises 50bips, gives a presser stating they are going to back of after February and the market goes on a face-melter after he signals and end to the tightening cycle. This would really sum it up, literally this time, for Argo's chaotic foray being a public company with cash on someone else's hip. Whatever happens, how would it ever be credible for Wall and co to ever operate with any credibility in this business again. A terrible ending to a party i should not have gone to.
Nice downside surprise on US CPI
I agree with this. What a complete and utter mess this is in.
Whatever happens, survival or not, the leadership team are all toast. It's appalling.
£46k looking like it's gone up in smoke
Sorry, wrongly abbreviated. Addressed to HarChris (HC).
HI - good post.
Despite it not being the sort of news I want to hear, i really welcome your factual candour.
Got my fingers crossed that Argo can pull a rabbit out of the hat or BTC starts to recover in a big way next week post-FOMC (with more concrete definition on what terminal rate is going to be), but it's wing-and-a-prayer stuff really.
Indeed. It has really woken me up more to the extent of the scamming that the VC market are involved in. He's managed to force a16z (Andreessen Horowitz vehicle) to announce that they will stop pumping out their sh*tcoin marketing lit (called Future). He's a great voice for the Bitcoin not crypto narrative and he really knows his onions based on his years working with lots of the VC/SV sector. There's also an interview series he did with Rob Breedlove where he basically calls him out on the interview for Bitcoin affinity, known to be a form of scam, most notably demonstrated by Anthony Pompliano.
Cory is the man. He's really upped his presence recently across YouTube and MSM to take up the fight against Defi/Cefi nonsense. TBF, he's been doing it for years but it's now getting more attention as he's being proved correct. These are also worth a watch:
https://www.youtube.com/watch?v=PCtEDSeRoTs
https://www.youtube.com/watch?v=zP7U7pK8Oi8