Member Info for billybigwig

Fira.yea I have that problem my eldest brought my pressure washer back and said we need a new pressure washer this ones had it. WE!

Day.if the word decorate I'm my house is uttered..I'll develop a flue virus and be poorly..I'd get away with it too theres a lot of it going around so I'm told

Ken ...you have a wine cellar? Full of beer and wine?....hey ken MATE where is that you live?....post code and house number will help me find you a lot quicker ..give us more drinking time if you could :-))))

Summat definitely wrong about all of this this is a lot of stimulus without much resistance...what the fook are they not telling us ?

https://www.morningstar.co.uk/uk/news/AN_1584716602411675000/top-news-glencore-says-no-virus-disruption-yet%3B-reports-cash-position.aspx

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NewsTOP NEWS: Glencore Says No Virus Disruption Yet; Reports Cash Position(Alliance News) - Glencore PLC's liquidity has improved due to reduced funding requirements amid ...
Alliance News20 March, 2020 | 3:03PMEmail Form
(Alliance News) - Glencore PLC's liquidity has improved due to reduced funding requirements amid falling commodity prices, the miner and commodity broker said on Friday, outlining its cash position in the face of the Covid-19 crisis.

The company added that it is yet to experience any "material disruptions" at its operating assets or supply chain.

Glencore said it had USD10 billion in available committed undrawn credit facilities and cash at the end of 2019.

The firm added: "This liquidity has increased since the start of the year due to lower working capital funding requirements, in line with lower commodity prices. In addition, the significant weakening of our key producer currencies against the US dollar and lower oil prices and interest rates have provided substantial cash offsets to the fall in commodity prices."

Glencore explained it has received "strong support" for its banking partners during the annual refinancing of its revolving credit facilities. This is expected to be completed "in the next few weeks".

"The shorter-term facility has a one-year extension, exercisable at Glencore's discretion. The revolving credit facility has no financial covenants, rating triggers, material adverse change clauses or external factor clauses," Glencore said.

The company added that it has taken "precautionary measures", including restricting non-essential travel, due to the spread of the virus.

Oh this is some bull s.h.i.t restaurants and boozer closed ...shoot me fuqing now!

Lost no worries I'll curb my nosey nature :-)

Lost.if they cut that dividend in may glencore will drop 50% from here thatll show me and others that management have no confidence in tbe company going forward by cutting the dividend they have in my eyes guaranteed. . let's face it with buybacks they should of payed down debt or half to investors and the other half again pay down debt

Lost the grim reaper comment was a joke .and lost apologies if you think I doubt you a lesson learned there on my behalf I think

Lost what am assuming?

Ffs Lost you should change you name to Grim reaper ..you seem to only have negativity towards glen can you devote your efforts to trying to find a positive for glencore ? What re issue have I missed summat?

Tom well done matey well do e on the charities and not charity

Tom.whats that a out 36K?

Excellent tom what percentage gain was that?

Nk.is it too early for a celebratory whisky ;-)

Day.i like the tesla roof tiles that's the way forward

Day. this looks good for us https://www.axios.com/total-bp-renewable-energy-deals-24c6c926-a48e-4bd1-9f59-e3abe79a1505.html

Ken yeah for a good while I questioned Ivan's crazy buy of RIO coal they offloaded it at a good price and ivan bought it up thats not forward thinking really and some institutional investors wont touch unethical companies

Scoop yeah I reckon with lower interest rates on its debt facility that will help a lot too