Member Info for billybigwig

Shelf... :-*

:-))) £40 is my revised target price...give it time ;-) winters coming watch them sausage rolls fly off the shell especially from those extra 100 shops opening up :-))

https://oilprice.com/Energy/Energy-General/Trouble-Is-Brewing-At-The-Worlds-Largest-Copper-Mine.html

Already got my party hats out ;-)))

https://oilprice.com/Energy/Energy-General/Something-Interesting-Is-Happening-In-Copper-Markets.html

KER CHING!!! Dividend next year will be full on with extras ....everyone talking about inflation...a pullback ...we are just getting started...as long as the market doesn't fly up too quickly we should have a good increase ftse is due a run up to 8000 its coming

Glencore over rio yes rio hasn't much head room for it SP ..watch it double now I've said that....but Glencore ducks again in a line could really fly it won't take much its too diversified over rio and bhp ...EVIKING £4 looks easy mate when you consider how impressive Glencore has performed over the last 18 months look at that debt reduction impressive looking forwards and copper and cobalt are going to be very big EVs are in their infancy buy even they are being produced faster than expected

Re sh.it load of cash on their hands..or buy big ...perhaps get more into iron ore cover their bases a little more

Debt gone they will have a sh.it load of cash on their hands and that will have to be returned to us at some point....the way they arevpsying debt down what will it be thisxtime next year? 3 billion? ..zero ? EVs are in their infancy wait till this gets into full on production its coming ...now add yo that all this infrastructure in USA. China we have got a good few years of this glencore will definitely smash through its old IPO price somewhere in the future

And seeing as glencore have more or less cornered the market fir the coal supply....CASH and COW ...come to mind

Others will stay clear of glencore for ethical reasons ...COAL ..but hey this will be sorted by 2050 the likes of China wo t just turn off every coal fired power station not when they was building them at a rate of one per week not do long ago

Eviking things are definitely different compared to 12 months ago ....hey? Onwards and upwards

And dividend getting bigger on top I mean at some point the way debt is being paid down it'll be a cash monster in 12 months all that cash used for paying down debt will have to be paid to us

Eviking glencore is in a different situation When copper is in big demand and will Continue to be ove the coming years with cobalt hot on its heals and glencores trading arm printing money for the fun of it csn see Glenco getting ...and I've said this before ..back to its original IPO price and higher

Scoop depends on if the markets are favourable next week

10 cent September should say my point is the usual dividend is 20 cent but it got reduced down the pandemic to 12 cents pai6in two payments May and September but they are bumping up September's back to 2019s original price they are not really giving anything really compared to the profit they have made

Fairy one good morning...yeah special divi they are paying us in reality what we got in 2019 which was 20 cents split into 2 May 10 cents September 20 cents they are still shy 4 cents from May as they reduced it because of pandemic but going forward thing all being fine we could see a significant increase in the dividend if the debt reduction carries on at this rate so exchange rate we are looking at around 7p September roughly I'll take its a start

https://www.afr.com/chanticleer/china-s-gift-to-glencore-20210805-p58g68

China’s gift to Glencore
The global energy trading system has adjusted seamlessly to Beijing’s ban on Australian coal and helped underpin record profits at the big fossil fuel producer.

Troajan at least it improves the dividend return a dollar closer to a pound gives us more wonga ;-)