Member Info for BlueGlow

eee, flying out of the blocks
Lnd, not so much.

Shg, like the grades they have found -

We have encountered bonanza-grade gold intercepts at Isulu including grades of 721 g/t, 210 g/t, 172 g/t, and 93 g/t which are within 100-200 metres vertical distance of surface.

Glad everythings ok, and it was just a dodgy alarm clock :)

Was a little concerned, lol.

https://www.theguardian.com/politics/2022/nov/14/brexit-a-major-cause-of-uks-return-to-austerity-says-senior-economist

16m ago
15.45 GMT
UK 'definitely underperforming' on trade since Brexit

Q: Do you agree with Michael Saunders, a former MPC member, that without Brexit we wouldn’t face an austerity budget this week?

Andrew Bailey says the Bank thinks Brexit will cause a long-term downshift to UK productivity of around 3%. It calculated that shortly after the referendum, and hasn’t seen anything yet to change its view.

There is an effect from Brexit – but Michael must take his own view, Bailey adds.

“He’s a liberated man now,” points out Labour MP Rushanara Ali.

Bailey laughingly replies that “You said it” (perhaps remembering that he is not so liberated).

As a public official, Bailey says, he must remain neutral on Brexit, but not neutral when it comes to the effect of Brexit.

And he then slips the question to Swati Dhingra, the trade expert on the MPC, who tells MPs that UK trade has been underperforming since Brexit.

Dhingra tells the Treasury committee:

It’s undeniable now that we’re seeing much, much bigger slowdown in trade in the UK compared to the rest of the world.”

“There’s also the services exports side ... there again, we’re seeing a really strong stagnation.

We’re definitely performing below trend in terms of the exports numbers, in terms of the imports [it’s] even probably a bit bigger than that.”

MPC member Swati Dhingra says there is a 6% Brexit effect in the price of UK food compared to the rest of the world.

On UK trade - she says "We’re definitely underperforming compared to our peers"
— Richard Partington (@RJPartington) November 16, 2022

Dhingra was referring to this work here from researchers at the LSE: https://t.co/oAVF7LiGSN
— Richard Partington (@RJPartington) November 16, 2022

Dhingra explains that in the period after the referendum, the huge depreciation in the pound pushed up prices, and reduced wages.

And we are now seeing that UK is “definitely underperforming” on trade, both in terms of shipments to the EU, and to the rest of the world.

Morning,

AXL moving a bit, only mention as i quite like he look of them, has been trying to get through 20p for a while, Zak seemed positive from a charting perspective.

https://www.marketwatch.com/livecoverage/marketwatch-live-stock-market-cpi-11-10-22?mod=home-page

Yey! A little good news :)

https://www.theguardian.com/business/2022/nov/08/uk-gas-deal-us-rishi-sunak-russia-ukraine

https://www.reuters.com/markets/europe/heavily-discounted-uk-plc-may-have-further-fall-2022-11-09/

Thanks for the reply, much appreciated :)

On a broader point,

There is speculation that Personal tax allowances, including the tax free dividend allowance, my be a traget for the new chancellor in his budget, think its the 17th but dont quote me.

So for those looking to lock in your Divi, consider getting what you can inside your ISA.

Blue.

Hi KumKuat,

Curious to know what you may have asked, and what if any answers you receive?

Reading the RNS, it does not explicitly state that there will be concurrent monthly payouts from here on. It just states this is the first payment, with intention to provide (monthly) payouts in the future. I appreciate im picking at the wording here, but im cautious when reading these releases.

Hadnt heard of Caspian until this morning, so just reading up, any information appreciated.

Blue.

https://www.marketwatch.com/story/chinese-tech-sector-leads-hong-kong-market-rebound-271667543939?mod=home-page

https://en.wikipedia.org/wiki/List_of_countries_by_sovereign_wealth_funds

I dont disagree Trek,

But QE was more about oiling the gears than anything else, staving off or lessening the impact of a recession, and keeping bonds inflation and borrowing costs in check. At leat thats why it started.

To my mind all the money is hitting the wrong end of the economy though, in the hope that it will find its way into the hands of those that actually spend money. And as u say most gets lost before it reaches its intended destination.

But yeah, would be good if we had a Norway style ( is it Norway or Denmark?) SW fund.

https://www.share-talk.com/marula-mining-plc-aqse-maru-us5-million-lithium-prepayment-secured-to-fund-the-blesberg-project-into-production/

Yeah, 50p in August, sounds like big dilution or bust.

ARB, in trouble, huge drop today.

Should add they do coking and thermal coal.

Early stages - current offtake is being trucked out by the buyer.

Whole oeration is still under development, but Very big mine.

Cgo

Placing at 6p, 25% of share capital - warrants at 9p - 1 per 2 ordinary shares.

Possibly puts a floor in at 6p, tiny discount to end of day close friday.

Is a placing with a purpose rather than a pay the wages sort, complete wash plant etc.

Expect them to do well - offtake arrangements expected this quarter.