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Paddy, thanks as ever for your PaddySat work and your oasis of calm among what is occasionally a torrent of hysterical nonsense on here.
If I were Gervaise and Callum, I'd be spending some of the cash we've been accumulating on more rigs and crews to get Scally proven up a bit quicker. (I have no concept of the logistics involved!)
There will come a time when we have to display our wares in the shop window, a bit more Scally info will decide her position in said window display.
Just my musings
Torham
Certainly shows confidence!
AJBennet,
Andrew I genuinely expected you to be chuffed at the news today, just how many does Peter have to buy before it stops being an issue for you?
It would be lovely for Peter if he bought some more as it will help pay the 50% cgt he'll get hit with when this really takes off and he decides to sell some.
Glass holds the same amount, we get to choose whether we focus on the full or empty half!
Torham
It's fantastic that Peter has been in a position to buy some shares. Having listened to him and watched him he has my full trust to do the best for ARB and her shareholders.
I hope the sentiment toward the BOD that has been displayed here for a while now will change. We are all on this journey together.
Torham
Good morning all,
I may just be a little under the weather but I'm a tad chilly this morning...
anyone got some spare shorters to burn to warm things up a bit?
Health, happiness and wealth to all, even those who try and fail to profit from the misfortune of others!
Torham
Good morning,
Trust this finds you all well.
I like the idea of performance related pay and as someone who often worked harder than my colleagues and had greater output it used to cause me some chagrin that we were paid the same.
When it comes to our execs pay I would welcome performance related enhancement but I wonder just how do we define their performance?
To link it to the SP doesn't work as the market decides that and it is not influenced by how well or hard the execs perform. We are currently a profit making company (having recovered from the 2019 upheaval/expenses/redirection) and the strategy the board are using seems to me to be the right one.
The board just made a shrewd investment in the Z machines and appear to have negotiated a good deal. Should we give them a bonus or just expect that's them doing their job (that we pay them for)?
The board don't/can't influence the price of BTC or ZCash.
I feel everyone's pain re the SP, I am looking at an 18% paper loss on my investment here but when the predicted BTC run to 20k happens I'm very confident I'll be looking at 180% profit.
Just my thoughts on the topic...
Health, Happiness and Wealth to you all, (whether you are in a private group or not!)
Torham
Copy and paste and insert your guess the share price (if no one is around to do it for you)
lamtree 0.25p
Spikeyj 0.75p
jarosg 0.81p
Aubrey 3.1p
Buckeye 3.6p
Mincho 4.7p
wasarunner 4.9p
D_W_Fleas 5.6p
MarkA8178 6.35p
Numbers 7.37p
Harts 8.6p
Moneygecko 9p
Smiler888 9.3p
Moneymaker2015 9.8p
Krispy 10p
Antha 10p
TheBeastofBodmin 10p
jimjam 10.3p
RR1889 10.7p
Musso74 10.8p
bluenotred 11p
nathdomb 11p
gruffles 11.2p
Pompeyrod 11.7p
B1ll 12p
stockdale 12p
DIMITRYsCOUSIN 12p
tcxman 12.2p
breadbun 12.5p
dafad 13p
Maytal46 14.74p
drthomas 15p
Portsmouth1 15p
Thesharpercarper 15p
8thOctrecovery 15.2p
HappyScot 15.8p
Fred16 16p
ItsAllBalls 16p
UpsDowns 16p
pakstarr 16.8p
Ttso 17p
squashman 17.5p
A1EX 18p
luckypunter 18p
new-to-market 18p
rentacone 18p
FilbertFox 18.5p
kuffer72 19p
mornington-oz 20.8p
Theroller 21.5p
Boosh 21.6p
poke rock 21.9p
mac4671 22p
Tillywhiz 22p
Wolster 22.5p
ThisisMine 23p
Herbie53 25p
bry4n 27p
Mikesilver 23p
lfc2020 28p
AIMcuriosity 28.8p
Torham 29.75
dexter_ 29.9p
ftsedow 30p
lbye 30p
D0berman 30.6p
saxondale 31p
You-know 31p
Alansugareatyour 32p
Anders_uk 32p
Romek 32p
Illbetabuck2 33p
Thorninmyside 33p
Emmystar 34p
Peteypegs 34p
Watson003 34.5p
Aandi 35p
Lenoman 35p
Sleebradford 35p
Oilandga 36p
Alfe 37p
avo333 37p
Trift8082 38p
Dale02 39p
daviddune 40p
Torham 41p
JadeDoctor 42p
belstaff 42.5p
Tr1ck 44p
webster 44p
bean111 45p
Matt007 48p
Pradameinhof 48p
Sean12345 52p
Cornovii 53p
Sampson 54p
HawkesBay 55p
tb100100 55.3p
Popeye61 57p
PROP5 58p
railway pete 58p
Sibloggs 59p
DavePenny 60p
littlebricks 62p
Allinn 65p
Amers 70p
DITFK 72p
Seadogsteve 72.4p
chriszzr 72.5p
Fishguru 74p
Quant 75p
Pompeyrod 77p
AnonaMouse 81p
rowka 85p
BigCashews 87p
cgmarmion 98p
tharauk £1
tharauk £1
Ipad £1
GeckoLovesGreed £1+
GingerHippo £1+
Chrisparker1981 £1.20
chriso66 £1.25
Banjo2 £1.72
Nelly74 £1.78
krazykat £6.14
Weathergeek £9.00
DanielC43R £9.18
Good afternoon all,
To my mind we are currently priced on 2019 results. We saw the benefits of the change of direction in H2 2019 and have been making profit throughout 2020.
The HY results to July will show the market that the BOD's strategy is working.
Other miners are suffering post halving and the whole mining landscape is altering as firms will disappear and others have to invest massively to bring their kit up to date/speed.
Our CEO has stated that he wants to keep adding new machines on a regular basis so that we stay as efficient as possible.
I'm not ramping and am currently 10% down on, what is for me, a sizeable investment.
The AGM will tell us shorty what the BOD plan to do on behalf of shareholders.
This is a long term investment for me as I believe in what ARB are doing and can't see BTC not being a hedge against inflation especially with the economic downturn we all know is coming.
GLAH
Torham
I've read the RNS but too tired to take it all in and think about the consolidation. If it means some movement out of suspension then that's got to be a good thing and hopefully the BOD can find an appropriate deal.