Argo Blockchain PLC (ARBKF): Skimmed through, will need to read more...

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Argo Blockchain PLC (ARBKF)

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Alias Born	07/27/2017

Re: gp22 post# 688

Friday, 08/27/2021 4:58:04 PM

Friday, August 27, 2021 4:58:04 PM

Skimmed through, will need to read more into it. I have some points that I thought were interesting.

Since inception, we have mined more than 4,515 Bitcoin and Bitcoin Equivalent for our own account through June 30, 2021. Inception would be late 2017 I believe.

On June 30, 2021, we held 1,268 Bitcoin and Bitcoin Equivalent. Not sure what an equivalent is.

They will be spending a lot of capital to purchase facilities rather than rent or lease. Also they will be purchasing more mining rigs.

In my opinion:
If we take 1268 (BTC) and divide by OS of 381.8 million shares. This equals 0.00000332 bitcoin per share. This equals about $0.16 bitcoin per share at todays current price. Buying BTC directly for share price of $1.88 will get you 0.00003800 BTC which is over 10 times the amount. This does not take into account if they are staking or other revenue streams such mining Ethereum. Its just another way to look at it and think about.

Good luck!

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Recent ARBKF News

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/05/2024 11:35:19 AM
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Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/14/2023 11:32:56 AM
Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/05/2023 11:33:23 AM
Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/23/2023 10:36:07 AM
Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2023 10:15:51 AM
Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/19/2023 10:29:43 AM
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Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/18/2023 07:06:27 PM
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