Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good morning Paddy,
As ever I can see little white dots in the desert but never really understand what they are so rely on your interpretation...
Are these new images from the new site a drilling rig and the cooling pool or is it ground disturbance we are seeing?
Cheers
Torham
If Blackbeard or one of the other prospects hits huge amounts of copper, where would it be processed? Would whoever we sell it to build a processing plant?
My thinking is that if someone were to build a plant other than Telfer would that open up the targets to bidders other then NCM?
Just musing...
Torham
Excellent numbers!
Something I should have mentioned earlier;
ARB have plans to court IIs when they have the H1results published. The H2 2019 + H1 2020 results are going to show a year of the new strategy working and making profits. Hoping to see some big hitters arrive from September onward!
Torham
Hi Mikk,
As a group we hold +10%. We've been together as a group for a while and were afforded the opportunity for the call.
It's not my place to invite or exclude anyone but rest assured the discussion points are shared here.
Peter as I mentioned is very professional (and comes across as a very decent and genuine guy) who won't answer any inappropriate questions and we have been told on a couple of occasions "I can't answer that in any way." When it comes to questions of a non market sensitive nature he is open and importantly listens to the feedback from shareholders. He is kept abreast of the discussion points on here for example.
Torham
Not sure if anyone else from the call want to add anything or anyone has any questions but I'll be happy to try to answer.
My summation of the call and the way ARB are performing is extremely positive. So much so that I scraped together £5k to buy some more before I started typing.
Again, not advice just a recounting of information shared and my interpretation.
Health, happiness and wealth,
Torham
Margins and HODLd coins,
This is linked to the earlier costs point but worth stating.
The number of Coins available to HODL dropped as as machines were set to maximum efficiency while the costs for previous months were met.
On efficiency someone smarter than myself used the analogy that if you drive a car for a sustained period at 100 mph it will be putting too much strain on the engine; Driving at 70 mph lets the machines run more smoothly and more fuel efficiently.
Perry (Ops guy) is an efficiency guru and constantly fine tunes the system.
Dual/alternative listing,
ARB are well aware that this has been a hot topic of conversation among us PIs. Peter is open to the idea and as part of the constant review process of strategy it has been considered and if the BOD feel it appropriate when considering the costs and time implications then they will seek to do so. Peter noted that there is no guarantee that if we were to list on NASDAQ (for example as we were discussing the rise of MARA, Riot etc) that we would see the huge rise that others have.
From the discussion with Peter and our group - our fundamentals are massively different from the others and they look increasingly like a pump and dump. ARB want to build a solid, efficient company that will maximise the return for shareholders (remember PW has skin in the game too!)
Success of Z Miners and beautifully times purchase of machines;
We asked if ARB are looking at other coins to mine or looking to increase Zcash capacity. ARB closely monitor the crypto landscapes to identify any and all opportunities.
Mining Costs,
ARB are paying hosting costs after 60 days : May costs are paid in July etc. There has been a pretty significant drop in costs since May and we will see those positive numbers coming through from August onward.
Good morning all,
Trust this finds you safe, well and enjoying the upward trend.
A few investors had a call with PW last night, this was another bi-monthly or so call which Peter was kind enough to take from us.
For those new to ARB or missed the updates from the last call, we are a small group of investors with decent holdings who came together as a group and arranged, what will hopefully be, a regular call with Peter and/or BOD. We submit some pre-prepared questions and Peter provides us with updates. Naturally he can't discuss market sensitive information and is very professional while being very approachable.
I will post some of the information here, I won't be holding back anything but for the sake of clarity and brevity I will summarise where possible (and to the best of my understanding).
None of what I provide is advice in any shape or form, you are welcome to interpret this how you see fit. If you have questions then feel free to ask, I will try my best to answer and some of the others from the group may chip in.
Health, happiness and wealth to you all.
Torham
I only ever see green lines from H..x and a couple of their team-mates/alter egos. They made the BB intolerable.
Health, happiness and wealth to all.
Torham
First time I've checked in here for a while and it's the same characters hanging around.
There's something really bizarre about people who are not invested posting on BBs. If you're gone, you're gone. Take your wisdom/profits/losses with you and leave it to those with vested interests?
Anyways,
GLAH
Health, Happiness and Wealth to all,
Torham
Weekends really do bring out the worst in people.
Companies use a little thing called RNS to let their shareholders and the market know when they engage the services of a new broker. Try as I might I can’t see one...calm down folks, you’re on a journey with Gervaise and Callum at the wheel, so far they’re driving a blinder.
If you’re panicking go off and sell, no need to wring your metaphorical hands here.
Not that anyone cares but I won’t be selling any until the end game, whatever and whenever that is.
Health, Happiness and Wealth to you all!
Torham
Spit44,
I couldn't bring myself to type your monicker in full as that certain aircraft is one of this countries greatest inventions; you on the other hand are an over and badly punctuated pest.
The price of BTC will naturally impact the profit ARB are making every month.
When the market wakes up to the fundamentals here and crypto becomes increasingly mainstream ARB will grow exponentially.
I don't believe you are invested here but if you are I suggest you sell up quick and go play in the Covid fun park.
To genuine holders, we are on a journey, the ground is uneven, the waves are high etc but we have a destination.
Torham
I hear you Paddy, there's a finite number of rigs and crews available. We saw the drill company commissioning new rigs and taking on crews to try to satisfy the demand.
As this drill campaign has been planned for a while I hope we were further up the queue than Artemis!
Torham