RE: Be careful9 Dec 2024 22:08
Lick your wounds from the past and look toward the future of the company. The BE group is helping another miner convert a 20 MW facility and them a $92 million contract. Argo has 23 to 26 MW on its hands, averaging it out at 200k per MW per month, resulting in 4.6 to 5.2 million in monthly revenue. With an average margin of 80%, this could support a 15x pe share price argument, which is about 12x from here (in the 60p region). However, timing and management must be right to get us there. Now is the time to buy, my friend, so reach into your pocket and put it to use.