Member Info for the_Chuz

@LT

"You should be looking at the PE ratio The chuz considering a lot of other things. I have posted the calculations in the past, and I believe our PE ratio is around 10, while RIOT and MARA around 40/60. If we would be valued like them our SP should be way higher, around 5/7 GBP. Need to go back read my notes and recalculate to be more precise"

Just in my head (got kids here at the mo). That would give us a comparable market cap to mara who hold over 5500 btc and (in June) had 1.9 eh with orders for 13eh.

Just not quite sure we are comparable like that.

If I get chance later Im gonna do some math and revisit what I think it's the right price.. I might even post my musing (yea you know I will)

@LTinv

"With all your due respect but 2.30£ At 1.7eh is a fair value compared to peers is complete trash, and you should probably not be even invested half or 1/4, IMO"

Interesting, that's the sort of thing I like :)

It was around 6 weeks ish ago I was looking at it and based it on market cap of other miners, I think it came in at around 1 billion $market cap for 1eh ish.. Its a number then that stuck in my head, I think it was also close to the fincap valuation of around 240p but I don't know how they go to that.

It was a snapshot in time for the valuation which I'll also revisit later.

I would genuinely like to hear other methods or ways of calcating it and seeing what price people get

@MacF1

"Ok, I’m starting to be convinced that Mr Chuz is in fact a de-ramping shorter."

We are all made differnt.

What negativity have I posted? Maybe you should be focusing on the statements such as £2 by Monday.

I have stated my position amd case so many times that it gets boring repeating it.

I am 100% invested here, everything (I know it's a daft strategy to most too)

I believe that at 1.7eh our share price should be £2.30 fair value based on peers.

There is a massive amount of poor sentiment towards Argo, how much affect it has I can't say for sure but to ignore the sentiment based on what's happened the past 6 months it just denial.

Nobody challenges the delusional statements on here.. It was £5 or £10 pre nasdaq by Christmas.. It was nasdaq ipo being at a premium to the 135p we were at. Its all the 800mw of machines talk with no comprehension of the massive costs involved.

I am not the misleading one on here, as I have said many times I try to stick to fact and. Logic to the best of my knowledge.

I have also stated that if I thought my posts had Any material impact to the shareprice I would be ramping the hell out of it and making money.

"May be more"

Umm if there is any pullback from 61k I would expect we go back to 115p

If it gets to 65k i think. 130p is a lot more probable.

If it was to somehow hit £2on Monday then it would come crashing down as a lot of holders will bail out due to the sour sentiment and quick rise.

Either way I wouldn't be buyi g that new car just yet.

That being said, I believe it's end of quiet period for brokers to give valuations for argo so that might actually make a difference.

I'm sure you know better than to make a statement like that, if it drops off a cliff before close its your fault fir jinxing it.

"$16.88 now @1.375 is £1.22"

Ey up.. Are we. Going to be allowed to keep our. Lunch money today

@kev

"Please. Keep agonising over the small print. I’m going to have a teensie, weensie celebration!!"

I just don't get the celebration, btc storming ahead the likes of hut up 16% after already moving with btc and then there's us a pile of steaming poo which no one wants to touch... Just buying the assets would of given over 50% increase instead of our awful awful performance.

Not a celebration at all

I reckon PW needs to announce some significant hash rate purchases and let the share price run up on the news then do a share issue to pay for them.

No one seems to want to know with argo, maybe because we are being outgunned massively but other miners who have a development schedule.

I'm not sure where these 'best' executives come into play with the 20 strong team. Not quite the dream team it was portrayed to be.

Crank up the hashrate and get the coin before the next halving, no point just having a warehouse with some plug sockets and baths.

It's a race and Unfortunatly it looks like we've backed the fatty when we needed gump.

Hopefully we can shed some baggage and get back in the race.

It's not quite matched to advertised bid, I can sell 50k for just over 117p so not quite the end of the world just complete rubbish considering btc @60k

@kev

"Just slowly get very, very rich."

Id if agree if slowly getting rich meant losing 30% in 6 months.

I'd be more con erned with a pullback at this stage, wake and waking up Monday morning to more red.

50% increase in btc hasn't touched the shareprice, why would 55% make a difference.

@phoebus
"Added another 10K at 115.75p. GLA"

That doesn't bode well its a smidge ofd the listed bid

So now it's a 50% increase in BTC over the last few weeks and we are down a few percent over the same time period.

But its OK, in PW we trust

"Will finish down. What a surprise"

Its actually holding a little better than I thought just now, still rubbish but flirting around 115/120 and 115/125.

Unfortunatly it won't take much to cement that 120, we need something that will actually move the price.

Getting all excited earlier was just a way to disspoint yourselves.

@the chuz
"Let's see what happens at 2:30 when the nasdaq opens... Will they take the batton or take our lunch money.

Don't get too excited yet"

Lunch money it is.

@Theduke

"Hey Chuz I genuinely wish you well ! Agree it been a while since we been blue so people will get carried away a bit ! Call me a sceptic but verdict still out on you with your timing coming on the the board and your not so subtle FUD - As said good luck anyhow"

You too, I know you have a heck of a wedge in here (or did have).

I want this to go to the moon, I would love nothing more than it to skyrocket. I have everything invested in here, I just don't share everyone's blind optimism and can see many pitfalls.

We are all here to make money, but we are all differnt in approach and understanding.

I'm curious about 2:30 nasdaq opening

@Theduke

"Touched a nerve have I Hehehe"

Not at all you were just wrong.. Like saying I'm 4ft tall and I say no I'm 6 foot, saying that you touched a nerve makes not sense.

It's some weird manic hysteria here haha, it's been so long since we saw decent blue, people are just losing the plot ha

@Majestic

"Yea and BTC wasn't 60K two weeks ago. Safe to say you can start getting excited...."

I don't see that as a positive, I. E. The shareprice was at this level when btc was lower, just means it hasn't performed.

I'll leave it there as people probably need a bit of hype and hope. Fingers crossed all is well for later.

Wait until just after 2:30 when the nasdaq opens.. With any luck we will sell massive volume and a big rise but its also possible they will put us straight back down again.

118/125 right now, so I'm not sure what the hysterics are about.

@TheeDuke

"Bet Chuz is gutted he missed the boat ! Yeeeeee haaaaa"

I havn't missed any boat I've been sat in it 100% invested for some time.

I know people like the excitement but we were literally at this price around 2 weeks ago so I can't get excited about it.