Argo Blockchain Share Discussion Threads

[ilostthelot] 04/8/2020 14:05

6p is quite stuborn. Should hopefully break higher and then push 8/9p quite fast.

[amazoner] 04/8/2020 13:36

come on plat. your words needed to push arb up

[dennisbergkamp] 04/8/2020 11:31

Nasdaq would re-rate these massively. A dividend would also help. Until then, buy

D

[mnomis] 04/8/2020 11:21

Re Marathon - seems like a waste of investors capital buying machines when can just buy ARB at a discount to invested capital ... Does ARB need a Nasdaq listing, or a little more patience?

[amazoner] 04/8/2020 11:07

wakey wakey plat

[aidenabettin] 04/8/2020 09:49

hTTps://www.keepbritainfree.com/

[amazoner] 04/8/2020 08:36

so 25p valuation is fair based on other crypto publically listed miners

[amazoner] 04/8/2020 08:29

wakey wakey

[whoppy] 03/8/2020 20:29

All playing out as per Bitcoin movement.

[plat hunter] 03/8/2020 19:35

Margins aren't big enough to support bitcoins volatility.

[kcowe] 03/8/2020 19:30

Plat get on board .... you are going to miss out big time.

[plat hunter] 03/8/2020 19:24

The halving cost 28% of production

[brasso3] 03/8/2020 19:21

I think 2021 could easily see an average BTC price of $50k over the year. Based on previous performance assuming we now mine 200 Bitcoin equivalent coins a month, that would be annual revenue of $120m!

200 x 12 x $50k = $120m


Last 6 months production figures:-

June - 180 BTC
May - 252 BTC
April - 319 BTC
March - 333 BTC
Feb - 337 BTC
Jan - 247 BTC

[kcowe] 03/8/2020 19:16

That is how I see it amazoner , 25p fair value .

[amazoner] 03/8/2020 19:13

so my 25p target will be equal to market cap of under £75 million for argo

[seball] 03/8/2020 19:03

Thanks Kcowe

COURTESY OF Sniffer78 LSE
Huge disconnect on price .

ARB PH rate 730

Total dissconnect conpated to its competitors

Nearly $100 MCAP and only 56 PH rate, even when all machines come only in Q4 it will only have half the PH rate of ARB madness.
hxxps://www.marathonpg.com/


Just shows the magnitude of price disconnect here .

$100 =£76 million market cap equivalent for us .

We currently trade on a £17 mil market cap. Just shows how ridiculously cheap the current share price is.

[338] 03/8/2020 18:12

July production update this week

[brasso3] 03/8/2020 18:00

mnomis

ARB are also better positioned than most as all of the equipment is relatively new. I think the strategy through 2021 will be to build a war chest of $. Then there will have to be large scale capex programme in 2022/ 2023 to reposition for the next bull market. I expect at some point large energy companies will be looking to establish crypto mining divisions.

[aidenabettin] 03/8/2020 17:57

Quite a bit of manipulation at RIOT over the last couple of years and that would be right up prats street

[mnomis] 03/8/2020 17:55

@ Brasso3 - will be interesting how it all plays out with mining capacity. Presumably, the existing miners assuming the next massive leg up will be best placed to contribute extra capacity - hard to know where this all settles, but ARB certainly seems like a good vehicle to play the expected BTC rally with ...

[brasso3] 03/8/2020 17:54

RIOT were around during the 2017 bull market and hit 28p. They are 3.69p today.

[aidenabettin] 03/8/2020 17:53

Links to ARB?. https://www.riotblockchain.com/

[aidenabettin] 03/8/2020 17:49

RIOT follow without the manipulation Up 40%