Member Info for TheFD

thanks for the clarification. I'm now happy to continue holding

do we sell at 'UK NBP day-ahead prices' ? which are low at the moment.

As we don't have high levels of tax losses, this may have saved us an extra 10% of taxation. Quite a big impact.

https://www.dailymail.co.uk/news/article-10810373/Salmonella-outbreak-op-Amazon-Costa-Starbucks-join-recalling-products.html

Rock solid Q1 with the start of the increasing net interest margin trend and no more large remediation charges

cash has grown from GBP218mil at the year-end (including the temporary margin cash) to 364mil at 20 April, even after 75mil of final BP payments. So an increase of GBP221mil in 3 .6 months, excluding the BP amounts...

great reassuring trading update. no issues from demand, inflation, Russia, etc

Thank you for posting!

Safer to buy now:

https://www.reuters.com/business/lawsuit-accusing-10-banks-rigging-23-trillion-us-treasury-market-is-dismissed-2022-03-31/

great. 15k per day without Rhum was very decent

will be more than offset by the higher realized prices. A good problem to have, assuming they can cope with higher margin requirements, which they will be able to.

Seems to be going at 10.6 knots/hr, so could arrive very late today?

With $26mil of net cash and with > $100mil pa of FCF , I think we will see total dividends of 20p for 2021. So about 8.6% divi yield. Should be worth GBP3

TGA are having issues exporting from SA due to the railways. Same issue here?

500k tonne reduction (mid-point of guidance to mid pt) will definitely dent profit and free cash flow, but not the end of the world.. Also we were assuming they would be ramping up production and exports in these times of bumper prices. Shows good transparency and professionalism from them. Just my view.

Zinc and Lead doing very well too. If current prices hold, we will be close to GBP4 in 6 months time.

LONDON--(BUSINESS WIRE)-- Argo Blockchain Plc (LSE: ARB; OTCQX: ARBKF), (“Argo” or the “Company”), a global leader in sustainable blockchain infrastructure and cryptocurrency mining, is pleased to announce the pricing of its initial public offering of 7,500,000 American Depositary Shares ("ADSs"), representing an aggregate of 75,000,000 ordinary shares, at a public offering price of $15.00 per ADS. The Company has raised aggregate gross proceeds of $112,500,000, before deducting underwriting discounts and commissions. Each ADS offered represents 10 ordinary shares of Argo Blockchain. In addition, Argo Blockchain has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 ADSs at the public offering price, less underwriting discounts, and commissions. The ADSs are being offered in a registered public offering in the United States (the "Offering"). The ADSs are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “ARBK”

Good dividend now. Looking forward to hear how much the share buyback will be.

great...8p interim and at least 10p final (as we will have no debt), gives a 7.7% dividend.

wow & couldn't have been better.. think we will fly up to 290p today..