The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
PAAA / Myo - If you wish to get your hands on some Poly 4 then just ask them.
I requested some (as a keen gardener and wanting to try some out to see if any difference) and they sent me 8 x 'sample bottles' - the ones you see in their photos.
I used a couple of the bottles ......
I have just pulled up the last stalk of my 1st crop of sprouts, it was 5'6" tall and we have been eating the sprouts since August. I nipped out the top at 5'6" as it was getting too top heavy ..."!
The sprouts were larger / firmer - more like 'mini cabbages' - but very tasty and filling.
The 2nd crop of sprouts that had no Poly4 are their normal 4' tall - the sprouts are normal sized.
Apparently Onions like Poly 4 as well
I also put some down around the runner beans and we had a large crop of them - subject to the temperature dropping from the unusual highs of this summer.
Just saying - if you want some samples - just ask them .....
(Wary of putting some around my 'magic beans' in case I am pressured into climbing it and looking for a golden harp somewhere in the clouds.. (my knees are knacked) .. - I can always look for some young Jack tho'....)
ATB - Bandanaman
Like many on this board I think - broke the Cardinal Rule and fell in love with the share ...
Institutional investors especially 'managed funds' are more concerned about where the company stands - Once you get into the FTSE 250 then II will start to look at you - once in the FTSE 100 then all funds will look - many funds will not accept AIM companies.
AIMBHO - bandanaman
Hi PAAA
To Clarify, mine is a Maritime background - (Consultancy - Engineering / Ship repair / inspection / classification and ship operation).
The rates of 5000t/h is what the facilities can load at - most ships will rarely be in a position to accept the cargo at that speed, due to getting the stress levels and bending moments correct - otherwise it can overload the vessel and 'break its back'.
The more modern 'Dry Bulker' may have capacity to load several holds at the same time up to a certain % of cargo and then it will have to be 'topped off to achieve optimum sailing conditions and draughts etc.
Unfortunately lots of 'older vessels' will have to be loaded at a much slower speed.
If you took 3000T/H as a guide then it will fill the ship in just over 1 day - hence 250000 tons is only 3 x ships and less than 1 week's volume to load.
So it is not as much as people might think - consider the replenishment speed as well - so that the 'pile' is maintained at a steady level to accommodate the vessels - without having to wait nor having to slow production as there is nowhere to store it .....
ATB - bandanaman
Myo - I think 250,000 tonnes is 3 ships, not 2 as an 'average' Bulker (for fertilizer) would be 80,000 in size for this type of cargo - I have copied the appropriate data as follows;
......... Each of these cargo groups requires special vessels: container .... bauxite/alumina and phosphate rock) account for about 57% of total ...... A large volume of a fertilizer cargo (e.g. 80,000 tonnes of a typical bulker size).
The speed that these cargoes can be loaded is also the main criteria and this will vary from 600T/H upwards - 2 x sources of information are shown below
opensea.pro/blog/shipping-fertilisers
portal.helcom.fi/meetings/HOD%2052-2017-405/MeetingDocuments/3-3%20Draft%20Report%20on%20potential%20sources%20of%20nutrient%20inputs%20-%20Baltic%20Sea%20ports%20handling%20fertilizers.pdf
ATB - bandanaman
Great interim results and a reasonable SP rise - still weird that there are no broker forecasts or annual targets / projections from the company - something we can see if they hit the planned milestones...
ATB - bandanaman
Interesting deduction Cherokee. - not far wrong with me - now 65+ (just) but been retired for some 8 years now.
I invested int SXX after getting out of QPP and have been here for some 5 years now.
Built up a 7 figure sum of shares but as I don't really need the cash I have transferred almost 1m shares to my sons and grandsons so that 'should anything happen' they are not in the IHT catchment.
Also transferring other funds into son's accounts - but slowly blowing whatever we want when ever we want.
This will be a great share in 5 years time and that is why I am passing it across to my sons to enjoy.
ATB to LTH
bandanaman
Note the statement / words - 'EXTRA £4 BILLION' - so in addition to existing aid - and to be matched by private sector
(Not unless there is a chance that Mozambique laws and courts do NOT honour UL rulings .....)
IMHO - bandanaman
From BBC news 28/08/18
Arriving in South Africa on Tuesday morning, Mrs May said she wanted the UK to overtake the US to become the G7's biggest investor in Africa by 2022.
She promised to continue existing economic links based on the UK's EU membership - including an EU-wide partnership with the Southern African Customs Union and Mozambique - after Brexit next year.
Promising an extra £4bn in direct UK government investment - which she expects to be matched by the private sector - she said while the UK could not match the "economic might" of some foreign investors - such as China or the US - it offered long-term opportunities of the "highest quality and breadth".
GLA - bandanaman
Already agreed £2 billion is for Mozambique - hence pressure on Mozambique courts to ratify the ruling.
Let the General cream off some aid money instead.........
GLA - bandanaman
There are 4 x International events between now and early October that SXX are attending.
Brasil / China / South Africa and USA - it would be really nice IF a new TORP could be announced at each event - culminating in the Govt Guarantee in late October ... what a run in at the end of the year - what great headlines and exposure as well...
Just 'topped up' another £8k - today - my 'last top up' for today ........
GLA - bandanaman
I have not seen any definitive plans for the port - but I do recall that loading of the vessels will be done by conveyor systems - so it is up to SXX to decide on how many conveyors to use at the same time - as you can see from the examples I have posted you can have 4 /5 / 6 feeds into the vessel - BUT the more feeds in then the loading of the vessel is critical as the stresses and bending moments exerted on the hull CAN break the ship in half .
The same situation applies when discharging the vessel / speed is NOT THE CRITICAL FACTOR - rather stress build up in the hull is - and so loading and unloading speeds are defined by the vessel and not the port.
(Hope all are taking note - I will be asking questions at the end......... hee hee!)
bandanaman
Cranleigh et al
lots of options - here are a few videos of the type (and dust) - https://www.youtube.com/watch?v=Pr2IXuSclA8
and also https://www.google.com/search?q=loading+phosphates+bulk+carriers+by+conveyor+belt&hl=en&rlz=1G1GGLQ_ENGB404&tbm=isch&tbo=u&source=univ&sa=X&ved=2ahUKEwjl2dDf6NPcAhXFIlAKHT2yBX8QsAR6BAgGEAE&biw=1183&bih=828#imgrc=DgrcnKm-Rkw8ZM:
multiple loading type - https://www.google.com/search?q=loading+phosphates+bulk+carriers+by+conveyor+belt&hl=en&rlz=1G1GGLQ_ENGB404&tbm=isch&tbo=u&source=univ&sa=X&ved=2ahUKEwjl2dDf6NPcAhXFIlAKHT2yBX8Q7Al6BAgGEA0&biw=1183&bih=828#imgdii=mvolrdKHz0CjkM:&imgrc=2vs6-a9zOCF2UM:
times vary - see link - https://en.wikipedia.org/wiki/Bulk_carrier but you can expect anything from 500 to 700 tons and hour.
You can also have 'bulk in / bag out' carriers (BIBO) - but this is specialised but the client MAY consider this for smaller ports or where they do not have the resources to bag it themselves - Africa / Asia / India
Seeing as SXX now have a 'tie up' with a 'Blender at the port I would expect the buyer to identify what his mix ratio / criteria to be - this would mean the Poly4 is sent to the blenders and mixed as per order and then delivered to the ship on the due date - 'take or pay' - if 'their ship' is late then late charges will apply due to storage etc.
It would be most unusual for SXX to be the shipper - but it might be in the future, if it diverted some of the money to buy its own vessels and charter them out direct to the buyers.
ATB - bandanaman
As a young 'retired' Marine Consultant / Marine Engineer / Ship Repairer - here is some info on the transportation riddle.
Bulk carrier is exactly that - anything up to 180,000 tons of cargo - no sweat - but not necessarily practical when too large ...
Bulk carrier sizes
Terminology Ship Typical Cargo
Panamax MV DOUBLE HARMONY (88,000 DWT) Bauxite, Coal, Grain, Ore, Phosphate
Post-Panamax MV DOUBLE FORTUNE (95,790 DWT)
Capesize MV OCEAN CAESAR (180,176 DWT) Coal, Ore
VLBC (Very Large Bulk Carriers) MV BERGE STAHL (364,767 DWT)
So 100,000 dwt is more likely the size (or 90k)
Both the Panama and Suez have been increased in size )of the locks) so that VLCC / VLBC's can pass through - went through Panama canal this January.
Loading is by conveyor and discharge is typically by conveyor as well time in port is down to how good the handling is and any local laws over air purity (dust etc.) - for smaller ports (Africa and Asia) you can discharge into barges and tow them around to local smaller ports.
Most modern Bulk Carriers for the likes of Phosphates have all the gear already - you just charter them in (the buyer does this) - we deliver FOB.
Hope this might have answered any queries
As a long time expat I returned back to UK aged 58 (8 years ago) and 'retired' - I invested £400k into a 'fund of funds' - this pays me £20k after 18% tax deducted - I have traded mt way up to 1.3 Mil shares is SXX (Total family holding some 2.5 mil.
I am already transferring shares into kids and Grandkids accounts and spent my time holidaying and enjoying life.
You do not need that much to retire as generally all bills (mortgage etc is paid off by then).
I was lucky - working abroad for 20 years gave me a great opportunity to save and retire early.
2 of my kids are abroad and following the idea - but it does affect the personal and family life.
ATB - bandanaman
Cut and paste from HL site
You could have such holdings in an ISA, or even buy your own physical gold. You lose access to your funds till 55 in your SIPP. http://moneyweek.com/buy-gold-where-and-how-to-gold-bullion-coins-bars-14600/
bandanaman
For those who have not seen the video - here is the connection.
https://www.youtube.com/watch?v=HCDsFIqIfA0
bandanaman
You can see where we are in the shaft construction by comparing it to the VSM video.
GLA - typical good news = SP drop ....!!
Bandanaman
Hmmm...
I wonder how many more tonnes they could sell if they opened up the drill spoilings to the veg growers or just sold it in 25kg sacks...
Just a thought......
GLA - bandanaman
Just looking at the buy / sell trades - very few sells - but lots of buys and then wham - all of a sudden there is a huge buy at a lower price than the going rate. Someone has given an order out to 'accumulate' and their broker is buying in 'dribs and drabs so as not to spike the SP AIMHO No reason for SP to drop / no bad news - just the norm here.... Good news = SP drop...!! ATB - bandanaman