Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I'd say! :)
I hear there's a run on baby oil, best get in now ?
A decade holding? I have all the time in the world brother and my prostate is in tip top condition.
It might not be good for your prostate, if you wait until the price hits £2.35.
Man I LOVE reading this board. All utterly useless in the grand scheme of things but I do enjoy the banter. Velo will remain in the top tier category of poster on this BB, with useful insight for me personally on the metrics and variables of trend lines and weird stuff that I don't fully understand. Any attempt to discredit the man is fruitless - as he has accounted for more insight than the majority here on investment strategies etc.
Now. Onto matter SLP. Ladies. IYKYK.
I WILL be selling my shares for £2.35 as and when it arrives. Which will be sometime within the next 2 years.
What more do you need to hear? There's nothing. Understand the business. Understand the commodity. Understand that PGM demand is only going to increase over the coming years. And understand that patience pays. Any fool knows this. Now get out in the wild, get outside. Breathe in some fresh air if you can, maskless of course. Relax ladies. Really, try to relax this year. We've been through it. Life can be a b itch and time stops for nobody. Be nice to people. Smile a little more. Drink Yerba Mate tea and smoke some weed. Help the elderly and give more to people who are really suffering.
Everything here is just fine and dandy and will continue to be so until we hit £2.35 - when the baby oil gets cracked out and we can crack on.
Breathe....
You are absolutely right Lunanera. Sage advice. Interested in what BABA and V are though?
Hi ic152
Fretting about share prices on a daily basis isn't very good for one's sanity.
There are really only two options
1 - get out
2 - stay and take advantage of negative sentiment (market inefficiencies)
But then, that's me. In the meantime I am rubbing my hands watching BABA and V. becoming cheaper and cheaper.
Best
China improving car emissions this year is going to improve demand for catalytic convertors. China will produce plenty of their own commodities but if they don't export then the prices will hopefully go up elsewhere and remain profitable.
https://www.infineuminsight.com/en-gb/articles/passenger-cars/china-acts-on-vehicle-emissions/
Anyhow I've set my AJ Bell account for dividend reinvestment so hopefully I get more shares than I bargained for if this keeps dropping short term.
The difficulty I see with the PGM's is that there are 2 contrasting sides. On the one hand electric vehicles are definitely taking off in big numbers. On the other we have emissions standards increasing, increased demand for ICE in India and potential hydrogen technologies (although maybe a few years away). Plus a backlog of cars to build to fulfil backorders.
I can understand why people are nervous with PGM's. But whilst the platinum and palladium is dropping, it is hard to see the SP recovering.
As the old saying goes 'follow the money'. SLP is sat on most it!!
Hmmm, rhodium just stated to tick up. SP heading down again. Hard to know what to make of this.
Hokum Pokum.
Global Foundries, chip maker and client of mine listed a few weeks back on the NAS. Fabs in Singapore and Malta are full steam ahead. IPO'd at $50 - now just 1 month later trading up at $70+. That's a 50% return just 1 month after listing.
Chip making is ramping up full steam ahead. This is no longer an issue heading firmly and fast into the new year. Demand is going to explode in January, and we are going to be sat at the table with cheshire cat grins on our faces.
I couldn’t believe reading this and putting all I’ve researched into doubt, someone tell me this is just another headline seeker.
Impala Platinum Is Starting To Look Like A Value Trap And I'm Turning Bearish
Sep. 16, 2021 9:01 AMImpala Platinum Holdings Limited (IMPUF)SBSW, ZMPLF, TSLA
Summary
The company booked revenues of $8.49 billion and adjusted EBITDA of $4.01 billion in FY21, up by 86% and 109% YOY, respectively.
However, rhodium and palladium accounted for 72% of Impala Platinum’s sales and the prices of the two metals are crashing.
There is likely more pain ahead as there is no end in sight for the global chip shortage and BEV sales are expected to double in 2021.
I doubt rhodium and palladium demand and prices will recover and now I’m bearish on Impala Platinum.