The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A solution to the "big Short's" issue with the shortage of 150k Tons of Nickel would be to shell out a few billion on buying Kola Nickel (reserves of 305k Tons), ship it 1 km to the Sevronickel plant for processing and then he controls the market for the next 20 years.
NN are that close they could use wheel barrows if wagons are in short supply.
Respect to the Ukrainian people
Bit of movement around the 1 share
14-Mar-22 12:54:30 8.099 200,000 Buy* 7.50 8.50 16.20k O
14-Mar-22 12:54:13 8.074 10,578 Buy* 7.50 8.50 854.07 O
14-Mar-22 12:53:22 8.13 1,845 Buy* 7.50 8.50 150.00 O
14-Mar-22 12:52:35 8.074 1 Buy* 7.50 8.50 0.08 O
14-Mar-22 12:52:32 8.13 29 Buy* 7.50 8.50 2.36 O
14-Mar-22 12:52:08 8.05 200,000 Buy* 7.50 8.50 16.10k O
14-Mar-22 12:52:05 8.05 200,000 Buy* 7.50 8.50 16.10k O
14-Mar-22 12:51:59 8.05 658 Buy* 7.50 8.50 52.97 O
14-Mar-22 12:51:55 8.05 17,789 Buy* 7.50 8.50 1,432 O
14-Mar-22 12:51:47 8.05 186,335 Buy* 7.50 8.50 15.00k O
What an absolute shambles !
GMF78 on Twitter reckons it was Vaneck selling out
Link https://mobile.twitter.com/search?q=%23eua%20lang%3Aen&src=typed_query&f=live
Extract from today's daily mail
As our BOD keep reminding us in virtually every RNS, Nornickel processing plant is just 7km from our mining asset
"Nickel prices have more than quadrupled over the last week, and dealings were suspended when the three month price for nickel peaked at $101,365 per tonne.
There is a general reluctance among markets to suspend dealing because it locks traders into positions which they cannot unwind.
Nickel could well add to the pressure on inflation throughout the Western world. It is a critical ingredient of stainless steel and Russia’s Nornickel is the biggest supplier of battery grade nickel which is responsible for 15 per cent to 20 per cent of global supply.
Much of the world’s palladium production, vital to clean emissions for diesel and other vehicles, comes from Russia."
Looks as though we are all rich again !
07-Mar-22 10:43:58 6.4495 4,424 Buy* 6.00 6.50 28.53k O
07-Mar-22 10:43:03 6.44 31,055 Buy* 6.00 6.50 199.99k O
07-Mar-22 10:42:54 6.44 7,578 Buy* 6.00 6.50 48.80k O
07-Mar-22 10:42:51 6.35 6,547 Buy* 6.00 6.50 41.57k O
07-Mar-22 10:42:28 6.43 155,598 Buy* 6.00 6.50 1m O
07-Mar-22 10:41:16 6.40 15,438 Buy* 6.00 6.50 98.80k O
07-Mar-22 10:40:07 6.40 78 Buy* 6.00 6.50 499.20 O
07-Mar-22 10:40:05 6.40 1,375 Buy* 6.00 6.50 8,800 O
07-Mar-22 10:39:52 6.381 20,000 Buy* 6.00 6.50 127.62k O
07-Mar-22 10:39:44 6.381 15,522 Buy* 6.00 6.50 99.05k O
I can see a sale to China very shortly, they want the PGM's and will happily pay Russia in hard currency that they will not be able to access any other way.
Hope the fighting stops asap
Shares are being hoovered up
02/03/22 09:33 1,199,040 8.34 7.50 8.50 £99,999.94 Buy
02/03/22 08:06 500,000 8.05 8.00 8.50 £40,250.00 Sell
02/03/22 08:05 500,000 8.20 7.50 8.50 £41,000.00 Buy
02/03/22 08:04 500,000 8.20 7.50 8.50 £41,000.00 Buy
02/03/22 08:14 500,000 7.55 7.00 8.00 £37,737.50 Buy
02/03/22 08:10 500,000 7.98 7.50 8.00 £39,875.00 Buy
02/03/22 08:09 500,000 8.05 7.50 8.50 £40,250.00 Buy
02/03/22 08:06 500,000 8.20 8.00 8.50 £41,005.00 Sell
02/03/22 08:03 500,000 8.25 8.00 9.00 £41,250.00 Sell
02/03/22 08:08 500,000 8.00 7.50 8.00 £39,999.50 Buy
I think it is a spoof
https://mobile.twitter.com/TillywhizRum
TR1 issued today taking their stake to over 10%, Poly have JV's with Rosgeo on a similar basis to EUA.
Now I wonder who has been hoovering up all the buys in EUA for the last few days and taking advantage of the low prices.
Remember the II's always know more info than the rest of us!
Tigra
Sensible post
I think that the sale process will now be rapidly accelerated over the weekend as all the parties involved will be looking over their shoulders as more sanctions are announced in days and weeks to come.
Still hopeful of a good outcome for EUA and hope for the people of Ukraine that the fighting stops.
What is all this about?
24-Feb-22 11:24:53 10.76 382,067 Buy* 10.00 11.00 41.11k O
24-Feb-22 11:24:51 11.00 1 Buy* 10.00 11.00 0.11 O
24-Feb-22 11:24:51 11.00 1 Buy* 10.00 11.00 0.11 O
24-Feb-22 11:24:51 11.00 1 Buy* 10.00 11.00 0.11 O
24-Feb-22 11:24:45 10.76 500,000 Buy* 10.00 11.00 53.80k