Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Which? Travel Covid Test report 15 December 2021
https://www.which.co.uk/reviews/travel-during-covid-19/article/the-best-cheap-day-two-covid-tests-for-travel-aYMcp5R6FmIC
No shorters listed above. Deos aka Guyincognito filtered!
No shorters listed above. Deos filtered!
Maybe investors switching to AVCT which is up just over 5% today?
Argo Blockchain PLC Announces Q3 2021 Results and Conference Call - Accesswire
01-Nov-2021 21:00:07
LONDON, UK / ACCESSWIRE / November 1, 2021 / Argo Blockchain plc
(LSE:ARB)(NASDAQ:ARBK), ("Argo" or the "Company"), a global leader in
sustainable cryptocurrency mining and blockchain, today announced its
financial results for the quarter ended September 30, 2021. All $ amounts are
in United States Dollars ("USD") and all £ amounts are in British Pounds
("GBP"), unless otherwise stated.
* Generated record revenue of $26.0 million (£19.3 million)
* Record $17.3 million of net income and $28.2 million of EBITDA (£12.9
million of net income and £21.0 million of EBITDA)(1)
* Mined 597 Bitcoin and Bitcoin Equivalents in Q3 2021
* Completed ADR listing on Nasdaq
* Construction of Helios mining facility in Dickens County, Texas underway
Argo generated record-setting revenue, net income and EBITDA of $26.0 million,
$17.3 million and $28.2 million, respectively, for the third quarter of 2021
(£19.3 million, £12.9 million, and £21.0 million, respectively). For the
nine months ended September 30, 2021, the Company's revenue, net income and
EBITDA were $67.9 million, $27.1 million and $49.8 million, respectively
(£50.4 million, £20.1 million, and £36.9 million, respectively).
"From breaking ground on our sustainable cryptocurrency mining facility in
Dickens County, Texas to our public listing on Nasdaq in the United States,
this quarter has been pivotal as Argo continues to scale," stated Peter Wall,
Chief Executive Officer of Argo Blockchain. "I am proud of the growth we
experienced during the quarter and believe Argo is strategically positioned to
continue this momentum as we build out our Helios facility in Texas."
Texas Mining Facility Update
In July 2021, Argo broke ground on its renewable energy-focused 200-megawatt
(MW) cryptocurrency mining facility in Dickens County, Texas. The new Helios
facility will bolster Argo's mining capacity and is expected to add at least
20 new, full-time jobs in Dickens County. The site gives Argo access to up to
800 MW of electrical power and has garnered excitement and support from local
community members and government officials.
Bitcoin Mining
During the third quarter, Argo mined 597 Bitcoin and Bitcoin Equivalent
(together, BTC), bringing Argo's BTC holding to 1,836 as of September 30,
2021. Argo has been able to achieve these results while maintaining a gross
margin of 120% and an industry-leading mining margin of 85% with an average
direct cost per BTC mined of $6,293 (£4,673). On September 30, 2021, Argo
executed a purchase agreement for 20,000 Bitmain Antminer S19J Pro machines
for the mining facility it is building in Texas. The machines are expected to
be delivered starting Q2 2022 and will increase our total hashrate capacity to
approximately 3.7 Exahash, up from 1.075 at the end of Q3 2021.
(1) Due to favorable changes in fair value of Bitcoin and Bitcoin
Sorry if I've missed another post about this. The Thompson Reuters Internnational Symbol for Avacta changed yesterday / this morning from AVTG.L to AVCT.L as used by Yahoo and LSE. The last price change for AVTG.L was 16.13 yesterday. That may be the reason for this morning's disrutption?