Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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I see the amount of shares held in psn has crept up again, I wonder if there will be a totel voting rights rns about it?
If you’re going to suggest property price abroad are fare cheaper than the uk at least compare with a good country like Germany
The average purchasing price of a house in Germany is around 320,000 EUR. On average, people spend about 354,000 EUR on buying a home. The average price per square meter for an apartment in Germany is 3,065 EUR in 2021 across the country.
Materials and labour to build a house will probably be about £90k so unless the council is building and giving the land for free and not expecting any profit even getting a house for £100k would be a struggle.
There is no where near enough labour to build 50k houses a year for the council or even if you divide that by the top few house builders.
And people are hoping that J Hunt will still have time to cut more stamp duty tax which he will probably do because their idiots.
Kier S on day 1 needs to announce that he is now forcing every council in the UK to put a side enough land for to build 50000 houses per year for the next 10 years and get building to get this house price situation under control.
THE NEXT THING COMING ''AGAIN'' WILL BE THE 99% !! Another disaster 5 years down the line again just like the last time !!! ring a ring a roses / pass the parcel again ....just dont get caught out holding the dead donkey ( the burnt property ) !!!
A mortgage ends you say..yes if its at 25 years and you take it out at 25 youll be free at 50 BUT if your average first time buyer ate 35 and you have a 30 - 35 years mortgage which will be the norm the NO your mortgage will never end only when you move to your new home , your wooden box !!!! The house market is a broken , the banks know it , the government know it but they won't let house prices fall to affordable prices because no government want to leave that as a legacy !!! they dont care about the people its all about THEIR statistics !!!
There you go..and even if a couple both earned average wage of 35k your still off by 64k ....one huge bubble and it wont take much to pop it and for it to fall like domino's !!!! the young ones have got to find a job for life first and thats another game in itself !!!!!!!!!!!!!!!!!! for the average price of a shihite house here i could buy a house in spain / greece and still have 150k left in my pocket lol
I would seriously start considering a new life overseas
https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/
Totally agree spitfire44 the way the banks particularly keep it going, 25 years ago 3 x average wage ( £17808.00 ) purchase a £60000 house...2024 average wage £34,900 x 3 = house price £102000 ,,think about that gap with average house price of £264000 !!
Spitfire, A mortgage ends where as you will pay rent till you die. A mortgage payment now will seem very cheap in 20years time where as a rent won’t!
THE biggest LEGAL PONZI SCHEME IN THE UK !....The biggest ' pumpers ' of house prices in the UK 'the estate agent's ' Houses are over valued by a big % and most of the housing stock is over valued old 'junk'.....if house prices rise 25% in the next 5 years and I was under the age of 30 with no property then I would seriously start considering a new life overseas because no matter what fandangled 'NEW' idea the government comes up with again to FOOL you into buying a house you are going to be living your whole life till you die in debt to a mortgage provider !!!!
You do realise that in that 5 years everything else we buy will of rocketed up, how much do you think council tax will be then as compared to now? Even a beer at the pub has went up say 30% in the last 2 years.
That 25% house price rise over the next 5 years is being framed as good news.
Imagine a world where we dint need to spend two thirds of our wages on just somewhere to live.
Https://www.thisismoney.co.uk/property/article-13379285/House-prices-rise-61-500-average-five-years-predicts-Savills.html
Looks like I’m happy to hold till past 2028 as if they build more the dividend will rise and so will the share price. I’m waiting to sell all my Psn shares to put in wealth companies for a dividend income but a huge rise to house prices would make it better to just hold out in here for longer as the gains will be better than bailing early for dividend companies.
If the BOE doesn’t give good news on the 8th this has a high probability of dropping again?
No idea where it’s going stevebt , although with reports of house price rises this year , it’s looking unlikely to fall , I got out just at the wrong time ! Once my cash has settled in the Hargreaves account I will certainly transfer 20k into my Isa and buy back in , waiting to see how we close today as to whether I take the plunge again with the rest of my cash
Knew it would rise higher because of increased buys and the fact the BOE are due to make a rate decision on the 8th, With a £14 open its do I start and trade a few soon?
This is always going to be a £25 plus share its just you needed to have time to wait it out. There is a chance it will drop again but it won't be Tuesday as it should go higher due to more buys?
Stevebt , rather foolishly, I sold up , seen too many rises result in a fall , think I’ve got it wrong again …I never learn , I’ll buy back in if there’s a dip .
We will get to14.70-15.20
Christofer, Todays rise must of been healthy on your account and hopefully it’s the start of a rising trend.
According to google it hit £13.61 today so must of spooked some people to get out while it’s higher??
13.38 post to day.
We will get back to a proper S P.
“Anyone got any positive thoughts?”
Tesco has large bottles of Heinz tomato ketchup on for £2.25.