Member Info for 5x5Croire

From Berenberg -

While the German bank acknowledged that 2022-23 will see strong free cash flow generation thanks to still-elevated iron ore prices, when iron ore demand normalises and supply increases, prices will drop, resulting in an inflection by 2024 when capex broadly matches or exceeds cash generated from operations.

"To us, this means that either Rio needs to: i) generate more cash from operations through M&A or lower-cost assets; ii) cut capex; or iii) reduce the dividend," said Berenberg, which stood by its 'hold' rating on the stock.

"Rio still has some time to play with and we think the dividend is comfortably covered over the next two years. However, as time passes, we forecast a rising risk that the company needs to diversify to maintain a strong financial position and its dividend."

On form tonight BB!

Crikey! More like ****!

Looks like this goose maybe about to lay another golden egg.

*certainly

What Forrest says about the Chinese wind farms means they will need much more DSO. They certain move at a pace when they start something, could be much greater than American demand. DSO and silver expect demand for both to increase. We need green Hydrogen in UK, seems to be a no brainer.

Andrew Forrest of Fortescue - some interesting shots of production operations at the start

https://www.youtube.com/watch?v=4Z8-sLw4CLY

Piling his DSO profits into Hydrogen.

While the German bank acknowledged that 2022-23 will see strong free cash flow generation thanks to still-elevated iron ore prices, when iron ore demand normalises and supply increases, prices will drop, resulting in an inflection by 2024 when capex broadly matches or exceeds cash generated from operations.

"To us, this means that either Rio needs to: i) generate more cash from operations through M&A or lower-cost assets; ii) cut capex; or iii) reduce the dividend," said Berenberg, which stood by its 'hold' rating on the stock.

Best of luck to you Cygnus.

Looks like resistance is futile!

Blue or Green Hydrogen?

Fortescue - slightly off topic but interesting to see where they are spending

https://www.bbc.co.uk/news/uk-59107805

https://www.bbc.co.uk/news/uk-59107805

He wants the Pi's to throw the towel in, said as much on his very first interview. Too much info. for most to even consider that.

Happily I hold both. At different stages of exploration.

ps Aura worth a look.

sorry again!

It was BKY, the high risk/reward play, not allowed to go ahead. By sheer luck I got out before the drop. Had YCA, in at £2.21, sold at £3.71. May buy again. Haven't looked for others recently. Would be interested if you find something please share. Copper worth considering as an alternative, plenty of high risk/reward plays. Sorry for the off topic, but just replying to smiller.

Obvious who they are, posters who appeared last week ramping, now silent.

So 10p, sounds ok.

2 Bob's!

Looking like BBG may be able to get out there soon, or early in 2022.