Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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ar, so then Sloppy Nipple Joe!
What does Mrs Sloppy soak her dentures in ?
Wiener sausage brine perhaps??
https://www.youtube.com/watch?v=w9mcRhLAL8k
God Bless America.
I always thought it was the Irish capital.
Interesting point, PaulD. Maybe she soaks them in vintage Bollinger.
Yep...You're right about the politics of both Carolinas...but then they were losers Meanwhile "Battle born" Nevada received its Statehood for loyalty.
https://www.youtube.com/watch?v=gvjOG5gboFU
I always thought Merseyside was the Naples of England.
Anyhow I ask the nipple of the States, woof woof, do you wonder if President Macron delights in the pleasures of Brigitte after she puts her dentures in a jar on the bathroom window sill?
Carolina huh! Is’nt that a bit too right wing for your tastes?
Paul D - Well, Jerry Lee Lewis at 22 was considered a "baby snatcher" when he married his 13 year old cousin and it caused controversy over here. Macron has gone 25 years the other direction but not without some problems when he attempted to seek a " First Lady" approval status from the electorate.
I've been to Weymouth...once dubbed "The Naples of England" .. If they'd got it wrong here at Winfrith it could have been Pompeii. https://www.bbc.com/news/uk-england-dorset-38075798
Some nasty tides off Portland though. I kept about 10 miles offshore. Never got to Lyme Regis but it looks interesting on Google Maps.
After watching that it is Macron who I feel sorry for, the kiss Brigitte gave was a proper 'kiss off granny kind' of thing!
Im guessing you are more into Brigitte though, but you do seem to date all the classy women "zider be as ruff as a badger's arze" - woof woof!
Hmm Lichfield, I never venture down there, it's a bit too close to the 'wart' and they all speak funny down there.
Weymouth, Portland and out to Lyme Regis are the nicest places.
Had some nice dinners in Lichfield, Paul D and a charming date in Dorset who loudly remarked..."This zider be as ruff as a badger's arze" lol.
Someone certainly ain't smiling... https://www.ctvnews.ca/world/melania-and-trudeau-cheek-kiss-gets-meme-treatment-1.4565590
Do you mean the God Emperor Trump?
No I missed the smirk, do you have a link to it?
I intersperse my time between Dorset and Staffordshire.
Paul D - Did you notice the sly smirk on your "emperor's" wife's face when she met up with Dear Justin ? ....and before you call out Brummie, bear in mind " The Great Wen" .... a disparaging nickname for London. The term was coined in the 1820s by William Cobbett, the radical pamphleteer and champion of rural England . Incidentally I don't believe you have mentioned where you got dropped on this planet. No offence, old bean, just curious.
Hmm Ive heard Birmingham described as a wart on the backside of the world.
Just a nasty blockage getting down South on the M5 or for London on the M6.
Mind you talking of warts on the backside, what on earth is sloppy banging on about!
Both Trudeau and Biden seem to like very young people in peculiar ways.
https://www.israelnationalnews.com/news/270001
John, being a Brummie myself even Alaska is warm
Mexico is officially classified as being in North America. Not much is said on chat boards about NAFTA (or its new version USMCA) and you may be surprised by...
https://en.wikipedia.org/wiki/United_States–Mexico–Canada_Agreement
My thinking is that Mexico can offer a hard-working large population, Canada can offer vast natural resources and the USA can offer logistical and business knowledge plus, of course military clout if necessary. Put that together and (without sounding nasty) the EU, the CIS and possibly the trading aims of China & India need to be somewhat cautious in their attitude and relations with we North Americans.
A Caterham 7, John? See yourself as Patrick McGoohan do you? I never got round to driving a (properly) Lotus 7 although I did occasionally enjoy the fun of driving a Lotus X1. As a youth I briefly owned a (Jag) SS 100 until my mother ordered me to " get rid" .cos it scared her and guzzled a lot of gas.
Duh, being thick! I meant Nevada hence the 'desert' part. Think it was the bit about you saying it was toasty warm that made me think Texas. I suppose to a Brummie pretty much anywhere in America is warm except Alaska.
I have far less AAU shares than I once did, cant moan as I made quite a bit of cash. Hence my current holding cost me precisely nothing. Part of the reason I am fairly heavily invested is my own chronic lack of imagination. I think with the divi(s) and likely short term news flow I wouldn't be surprised to see a decent SP rise. Read a few articles on gold over the weekend and a fair few weren't bullish. ABN Amro in particular going for $1500 in 2022 declining to $1300 in 2023!
It seems many gold companies SPs have softened recently - I noticed Centamin Egypt, where I had quite a holding once, is down significantly over the past 5 years.
The Lithium miner I very recently exited from was in Mexico, and I admit the political and criminal risk concerned me, especially with threatened nationalisation of Lithium Mining assets by the Mexican government. I think Mexico is actually North America rather than Central? Anyway, pleased to leave that one to be honest, admittedly with less than I originally hope to make!
So after all these years Hot Maden is still not producing?
Hi John - No, I never lived in Texas. My wife ( Michigan born) always pointed out that she prefers " things with at least 4 stars!" ( lmao). I previously lived in the southern extremity of Nevada which, effectively, is within the Mohave Desert (or Mojave if you're Californian or hispanic.. In parts of rural Nevada you can legally drive at 80 mph. Outside of the two bigger cities (Las Vegas & Reno) traffic is light. I have now moved to the Atlantic side of the US in South Carolina which is a total contrast to Nevada. Traffic is very heavy (nose to tail even on dual carriageways) and often rural roads and even motorways are limited to 40-55 mph. I didn't particularly want to move but climate changes were creating 126F summers and rivers and reservoirs are drying up.
Add to that Californians by the thousands trying to get out of their State for a variety of reasons aren't too welcome" fitting in" the adjoining States and there is going to be one helluva future problem competing for natural and social resources therein.. All our relatives are in the east anyway and we aren't getting any younger so last Christmas was time to move when home prices in Nevada had rocketed. .
Anyway I was most surprised to learn you still have a large holding in AAU and I think it is a good bet that our sp will increase considerably when Salisbas starts to produce. I am also invested in Sandstorm (whose shares have dived around 35% this last year) but they possibly have a headstart in the same Hod Maden area so I can wait. Might be a fair gamble for folk though at their present level, bearing in mind they are a Royalty setup too.
I suppose that Australia is particularly attractive for investing Brits and there are a lot of embryo miners looking for help or investments there ...but for my money, Canada is of prime interest. Bear in mind that many of the mines in the United States (which has a huge and varied mining industry) are owned or controlled by Canadian Companies. Places imho to keep away from are Central America where there is instability in government and extreme left influences. Costa Rica might be an exception because of the numbers and influence of US ex-Pats and big fruit corporates.
POW is worth a sniff to ride the wave,
https://www.lse.co.uk/rns/POW/director-dealing-237496evhalliiw.html
Might double bag over the next year or two, then get out.
When the big boss buys in his SIPP he has unzipped and furled out his chopper on the block for all to look at.
PS
You and I have always been curmudgeons about PoG, amongst the constant theories about 3000, 4000, 5000 dollar gold. Obviously that would be great but with AAUs published costs there is plenty of headroom here. I would be far more concerned if AAU costs were excess of $1000 per ounce. Of course there has never been guidance, as far as I know, of likely Salinbas costs, which could be higher.
Interested to hear you view on Lithium. The company I referred to earlier was/is focussed on Lithium, and as such I know the commodity price has soared. As a legacy of that takeover (of a company several years from production) I have lesser amount (by value) of another lithium potential producer - again several years from production. Like you I am a bit of a sceptic, Lithium clearly has a bright immediate future for current producers but I do wonder if it will still be the big green hope even 10 years from now. Cheaper (and less explosive!) alternatives may well emerge. The tech to exploit Lithium is obviously already developed so will give it legs in the short to medium term, but I'm not sure how much further the PoL rally has to go.
Lastly I have to concur about Africa. Long time back I had shares in a Tanzanite miner called imaginatively TanzaniteOne. It became Richland Resources later. What a mistake. Locals helped themselves, beat up the security guards (and from memory killed one), vandalised the mine while thieving and all while the authorities sat round and did nothing. Probably hadn't had a thick enough brown envelope. There were another couple of investments partially invested in Africa, they had trouble too from corruption. So Africa ... never again!
Hi DJ
I forget where you are now. Used to be Texas but that was a couple of years back - trying to work out when you were writing as it was just after 3.30am here when your message dropped!
I spent an exciting evening re-watching the 'Mines and Money' presentation of a month ago, more than anything to find out more about Cyprus and the IPO of Venus minerals (a topic that have been discussed yesterday on the 'other board'). I didn't find out much to be honest, but did get left feeling a bit less happy than usual about the tone of the presentation. I have great respect for anyone who can talk for an hour like that, but this time feeling it conveyed of slight smugness and superiority about the company achievements and prospects. I was concerned that the implication 'everything we do will be fantastic because we are Ariana' a bit disconcerting - especially when it comes to timescales. So one month ago we are promised Tavsan production in Q1 2023 and Salinbas production in 2025. I will be happy to eat my words but I don't believe that. I looked up Proactive investors interviews and clicked on the top one. Turned out to be from late 2011, so thought this might be of historical interest. In it a young Dr.S said that the first pour at Kiziltepe should be in about 12 months. No wonder they abandoned the Gantt charts.
To be honest DJ I am clueless now (nothing new there then) about what to invest in. Many pundits are predicting a market correction, and although the UK market seems less of a bubble than the US we would still obediently follow you down. Yet deposit rates are pathetic. Bonds don't seem attractive with interest rates set to rise. May as well blow it on strong liquor and fast women before I get too old.
I have less AAU than I once did, but after much trading (was shocked to find its well over 100 deals now) I have have a few million shares at a cost of almost exactly zero pounds, shillings and pence. I feel comfortable to sit and let them play out. I have some money to invest having had one of my shares fall into the hands of the Chinese recently and haven't really much idea what to do with it other than stick it under the bed, the wine/women/song option or buy a Caterham 7 (If I'll fit in it).
Enjoy the 40 degrees, bout the same here. Good luck Claret and LoB against Huddersfield in the FA cup.
Have a good weekend all.
" That belongs to DJ now, a man who used to be so sunny :" . Well, John , imho it's you who reversed course. In my case I've lost my faith in the " established" mines and many of them are down on the world's stock exchanges We have friends on here who still anticipate gold going through the roof imminently. No chance! It's fallen below $1800 ounce yet again.
Daylight dawned for me when I quickly learned (the hard way) that Africa and Eastern Asia had autocratic governments who were skilled at kinda stealing major parts of foreign owned companies one way or another. It's still going on which is why I've stayed with (and made some good money) in the American Trade Area (NAFTA). AAU is now my sole " British" interest (albeit Turk related) and is mostly the only board here in LSE where I post I had a fling in lithium recently but I think the peak is coming and I have something (and somewhere else) in mind if the indigenous population doesn't screw things u politically. The sun indeed was shining today but 40F cooled things down for me. Cheers, DJ.
The next divi is 4.16666% at the current SP, but of course there will be another along after approval at the August 2022 AGM -of the same amount - so 8.333% in the next 12 months. Can't see regular divis starting immediately after those are all paid....but what do I know? Still think with Tavsan and early production from Cyprus there is imminent news to look forward to. To be honest its nice to have shaken off the mantle of board grouch. That belongs to DJ now, a man who used to be so sunny :)
Sounds about right, John....but the next payout will be half the last so if nothing exciting happens either in AAU or in the world gold price, the dividend might be nearer the possibly increased bank interest rate by then (especially if our sp slowly drifts down in the meantime.) Imho we have to be seeing an sp of at least 6p by this time next year as well as some sort of regular annual dividend as well to be worthwhile " hanging in there" until Hod Maden comes on stream and is earning money for the JV.
If I am reading right, the RNS at the end of July 2021 said that the second special divi would be paid 6 months after the first, which was paid the end of September 2021. So should get the second divi by end of March, and the associated declaration about mid Feb?