Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Michael Saylor the famous BTC investor conducted a survey asking:
“In 2024 how high do you expect Bitcoin price to soar?”
The results rounded up/down are shown below:
50,000: 16%
100,000: 35%
150,000: 21%
200,000: 28%
Invest answers took average of all of the voters and answers and came up with an average price of BTC at $130,850 in 2024.
Note that this is just in 2024, the major part of the bull market is expected in 2025.
Imagin the price of Argo at those BTC prices. You are early!
. . . . . . . Currently miners mine 900 BTC/day.
In Nov, ARB mined 145 or 4.5BTC/day, so that is 0.5% of the total BTC mined daily.
However, that does not give you a complete picture. miners earn a lot from other activities specially during last few months. The income from these activities is considerable and is expected to continue for forceable future as more and more people transact in crypto currencies.
After the halving the daily BTC production will be reduced to 450/day, but everything else will increase which compensate for having the BTC produced, if that make sense.
Argo blockchain has one of the lowest Market Capitalisation/EH/s among major miners in accordance with IA (Invest Answers) research & analysis.
This means the upside for the ARB share Price is quite good.
Some suggest over 100p by March, but personally I think it may take longer.
Good luck all.
I couldn't resist sharing my perspective on this matter. Everything is possible when you put your mind to it.
The long-awaited departure of the outgoing CEO, Mr. Un-fortune M. from AIM company BMN, is an occasion that brings immense relief and elation to shareholders and stakeholders alike. The past decade under his leadership has been nothing short of tumultuous, with the company enduring a severe decline in its share price. This downward spiral left investor disheartened and filled with concerns about the company's future. Astonishingly, while BMN struggled, the ex-CEO's personal earnings and salary continued to soar, intensifying the frustrations of those who had placed their trust in his capabilities. The news of his departure, therefore, sparks a sense of jubilation and rejuvenation among many if not most, as we firmly believe that a change in leadership is not only necessary but imperative to restore BMW's market standing and rekindle investor confidence. This occasion signifies an opportunity for fresh, visionary leadership to guide the company towards a brilliant and prosperous future. Lastly, I extend my commiserations to those who may have harboured undue affection for this lamentable CEO. More on this in the near term.
Once the 6P zone is broken, the current run should take us to just over 8P based on a "W" patern on daily.
DYOR
It is so funny, listen to this!!
"Fortune Mojapelo, CEO of Bushveld Minerals Limited, commented:"
""I am pleased to report a year of production growth and completion of significant capital projects at Bushveld Minerals, despite external challenges related to electricity availability and supply chains."
This is so unfortunate that all the bad things happen to BMN management, but the good thing is it does not affect their Remuneration and bonuses in any way or shape.
Year after year the management comes back to report missed targets, poor performance and more excuses to justify the next poor achievements.
I for one am soooooo fed-up with BMN performance, unfortunately my paper loss is huge otherwise I would have gladly gone long time ago and would have never looked back at this dog of the companies.
Every update the sp falls, I guess it will be a miracle of the sp does not fall below 2p this time next year!!!
You can sing Fortune Mojapelo song as long as you wish, but accept you will always be very poor!!!
All my openion from somone who wishes BMW SP goes to £5 yesterday!!
pdub, I wish I had more time to respond properly, I could write at least couple of pages on what management in particular one man has done wrong over the last few years.
I am blaming the management for not what they have recently achieved, but for what they have not achieved during last few years, lost opportunities.
My current direct losses from investing in this P. of S. Company is running into 6 figure sum and I am not impressed with management in any shape or form.
Also, with a mod- sever recession round the corner, I am not holding my breath for improvement in terms of SP for next few quarters if not couple of years.
Anyway, what really puzzles me is that why defending this company so rigidly, so blindly, when their performance at least in terms of returns speaks volume, this is not me this is the market speaking.
You and a few so called LTH defend the company as if you are blind, or are a paid agent with an agenda.
Anyhow must go . . .I wish you good luck pdub, I remain very much BMN anti management for time being.
Same sheet different day!!
Management: many many mtv, even more mtvs and some other mtvs . . bottom $$$$ = sheet!!
PIs sit . . and be like a good dog, dont question us . . while we pay ouself big benefits, becasue our mtvs are 0.00005% better and improving!!!!
Yes - I agree there is improvement in production numbers, I am just fedup being under water for over 4 years and no end in sight, I dont want tiny improvements, at this speed my grand childeren may see some returns.
In my openion, the managhement are not up to it, nothing personal.
"I am pleased to report a strong start to the 2022 financial year, with another solid set of quarterly operating results."
“STRONG”!!!!!I could not stop smiling, the depth of tenacity, sheer stupidity and ignorance.
The answer is in the share price!! Not rocket science, is it?!!
Have been waiting now over 4 years to see STRONG, the only strong here is lies and BS!!
ATM is looking very good at least in the short term. A hidden bullish divergence has formed on the 12 & 8 hours where price actions is rising but RSI is going lower. From share entry point of view, on daily and 12 hours Stoch RSI is nowhere near the overbought, so good time to buy too. Hopefully we will see the price action in the 7+ pence soon, GLA
Expect some fire work tomorrow and during this week.
https://www.youtube.com/watch?v=pybcProtAs4