Member Info for RS2002

Spot on Adam. Peter Wall made it clear, they are agnostic. They aren’t fixed on any single currency. They are looking at alt coins, ether and any other crypto that does well. For this reason, along with their favourable green credentials, they are resilient. Just need Peter Wall to update share holders on their initiative for other crypto mining.

RIOT and MARA up 18%

ARB will follow suit.

Agree, Tiger good post.

To go against the conditions of the earlier mandate, make a mockery of the law and would in fact undermine the Judge's earlier decision.

Procedure and due process has been followed. The outcome of the votes will be shared with the courts to make the decision.

I think so too, Herdie.

I would love for Peter Wall to get onto CNBC or Bloomberg and sing about Argo's green credentials.

Now is more apt than ever to do so in light of the recent newstream on environmental impacts.

Good luck, investors and HODL.

US ARBKF is disclosing a much higher short interest position of : 2021-05-13 = 1,053,761 shares
Come 1430 BST, we could well see a keen interest for those positions wanting to buy shares to close their position.

Source: https://fintel.io/ss/us/arbkf

Are holding more ARGO than rival miners like RIOT, MARA, BITFARM etc.

Clearly in favour of Argo's more favourable green credentials and I wouldn't be surprised if they loaded up on the dip like many other savvy investors.

Source: https://amplifyetfs.com/blok-holdings.html

The reason is closed up is because the chatter all day has been about the environmental impact of mining.

Argos “Green” credentials are making it stand out from the rest.

Expect to see a surge up, tomorrow.

A no brainer to buy the dip at these prices.

Good luck fellow investors.

Don’t be so hard on Wes, guys. He’s just an associate for whatever shorter grooming gang he operates within. He will be seconded to tea duty, tomorrow and his peer will take over.

If someone is this determined to prise your shares from you, they clearly have an agenda.

It reminds me when I was able to buy Cineworld at 17p and took it to 120p.

This country operates via a democracy. The FCA previously stated, legally and publically, they would NOT object to the re-dress scheme.

Amigo is following the letter of the law and has engaged council and taken this to court where a judge has granted approval for Amigo consult creditors and customers.

Amigo has retrieved responses and 95% are in favour of this scheme.

The FCA can challenge this and perhaps they will ask for Amigo to do more (think negotiation) to support customers past and present, but the approach has been defined and as a democracy with customers engaged, the courts will see that this is passed through.

I managed to top up £10k at 21.9p and am happy with my holding.

Good luck fellow, Amigo investors.

Inflation is rising at an alarming rate.

This is why we are seeing all cryptos surging.

https://www.ft.com/content/06220c54-43c6-4e77-8952-a65245011a99

I believe we will see BTC hit a new ATH this week as Ether has already broken away from BTC trends.

This has been oversold today based on the news that the Stagecoach family sold £11m worth of shares so has dragged it down. A great buying opportunity as this will bounce, tomorrow.

Hi all - can someone advise if there has been any update from Kromek at all?

I have to say the company has been completely sloppy with comms.

My understanding was they were doing a pilot phase of the pathogent detection system and results were due at the end of March. We are now approaching the end of April and not a sliver of an update.

Does anyone have any links?

It would be great to see their pathogent detection systems used to suppot aviation and stadiums.

Keep in mind, Peter Wall, CEO, Argo made it clear - Argo will be mining Ether soon!

Absolutely, Ryan.

Rana is another one, who needs to have his legal name changed to Vidooshak (clown); these posters are desperate and full of BS to peddle their agenda.

Argo was 198p when BTC was 38k.

Personally, I'm happy to see BTC remain 54-55k whilst Argo CORRECTS itself (having been oversold earlier).

Hey Zephi, didn't you sell all of your Argo and put it into Riot?

You are as transparent as a jellyfish.

Issued at 135p, which are warrants to be exercised by the supplier for services key to increase revenue.

The fact they are at 135p, is comforting as it’s 7% discount on the current SP and the supplier clearly found it to be a good deal.

Pleased with the progress update from Argo as their plan to increase mining capacity matures.

Regulations around BTC and ETF incoming:
1. The Biden administration is at the early stages of developing a new legislative framework for cryptocurrencies
2. According to sources close to the matter, the SEC chair Gary Gensler is likely to approve a Bitcoin ETF.
3. Cryptocurrencies are here to stay, and the new asset class is unlikely to be outlawed.

Source: https://www.fxstreet.com/cryptocurrencies/news/biden-administration-develops-crypto-regulatory-approach-sec-chair-likely-to-approve-bitcoin-etf-202104200348

Also the last time Argo was 135p, BTC was trading at around 38k, so given BTC is around 40% higher, I believe Argo is seriously oversold.

I've managed some further buys at 134p and have reserves ready if it dips further.

To put that into context, a recovery to 250-260p will yield near enough a 100% return.

Good luck, all irrespective of your trading strategy, trading or investing.

Correct, Hod but for those who have been buying since 32-33p, it has allowed investors to take full advantage.
I appreciate some have bought at the top but they need to exercise patience or average down.

I witness he same with Cineworld, many got spiked at 100-120p last year, to see the share price drive down to 17p because of a vicious short attack and cinema releases delayed, tight liquidity and large debt that was pending debt covenants waived.

Argo have no debt, have not exercised their 100m RCF, instead did a placing at a discount at 200p and that was oversubscribed and shutdown within an hour or so.

This is so oversold and represents an absolute bargain at these prices.

I can see the SP going to 300p within a few weeks, personally.

Good luck, all.

Managed to buy via iWeb at 171p
Treeshakes like these come but you buy the dip.