Member Info for CleverThoughts

ARCM. Copper is in huge demand and they hold world class copper resources. We are waiting for the imminent news of a takeover/JV with Anglo America.

Anglo America owned the same mine in question around 15 years ago but decided to sell it and exit Africa, now there back buying the same mine for more than they sold it.

There is also four parties at the sidelines including Chinese State companies hoping for the deal to fall through so they can enter discussions.

Not just a two bagger but multi bagger.

IMO the tides wont be shifting the ship. It needs dredging and likely containers taken off to reduce the weight. Weeks of effort. Moving the specialist crane in position is a big task by itself.

Agreed the Suez will have a bigger impact. The Houthis have been attacking Aramco facilities for years now.

If it's not refloated and moved by early next week, it will start impacting OP heavily. I read major ship owners of the vessels stuck at the Suez are waiting till this weekend before they they make the decision to sail round the Cape.

Successful suicide drone attack on Jizan 400k oil exporting terminal. Houthi increasing attacks the last two weeks with drones and missiles on oil facilities.

https://www.google.com/amp/s/www.aljazeera.com/amp/news/2021/3/26/houthis-say-launched-attacks-on-saudi-arabian-oil-military-sites

Successful suicide drone attack on Jizan 400k oil exporting terminal.

Houthi increasing attacks the last two weeks with drones and missiles.

https://www.google.com/amp/s/www.aljazeera.com/amp/news/2021/3/26/houthis-say-launched-attacks-on-saudi-arabian-oil-military-sites

Unfortunately, I had no funds available to me to take advantage of the pull back. I'm a firm believer in ATM, so much going for it. I'll be waiting impatiently until the next pull back with significant funds ready. Hopefully no big announcements on the Tantalum and Lithium till then....

Good to see support at this level - gives reassurance.

Confirmed the Suez is not going to be open for weeks. They need to dig 12-16 meters and remove cargo to refloat it. This will require specialist heavy cranes to remove the cargo which will take time and major logistics work to position.

https://www.theguardian.com/world/2021/mar/26/suez-canal-ship-stuck-crisis-shipping-companies-rerouting-blocked-ships

Confirmed the Suez is not going to be open for weeks. They need to dig 12-16 meters and remove cargo to refloat it. This will require specialist heavy cranes to remove the cargo which will take time and major logistics work to position.

Divine intervention.

https://www.theguardian.com/world/2021/mar/26/suez-canal-ship-stuck-crisis-shipping-companies-rerouting-blocked-ships

Unlikely we will get an offtake agreement with Tesla unless its for low low price as stated by R7. Musk is making massive efforts in acuqring mines and partnering up with low cost mines, and not just lithium but other products such as nickel. He has to get a very low price for his $25,000 cars and our mine isn't one of them.

Yes, eventually it will have an impact as oil is transported mostly through very large ships and pipelines.

The cargo ship ain't going anywhere anytime soon in my opinion. It's going to be there for at least a few more days if not a week. If the ship is still beached by end of the weekend, you can be sure OP will go up.

Suez to Amsterdam at 12 knots is just over 13 days via the Suez, or 41 days via the Cape - that will cost them greatly not just in time and huge cost in fuel($440k from Suez, around the cape and then Amsterdam) but insurance due to piracy risks not just on the east of Africa but off the coast of Nigeria to.

Pirates will have plenty of choices and not enough military escorts for all those ships.

Retalation for all the Israeli attacks on Iranian merchant ships recently taking oil and probably military gear to Syria....

Retalation for all the Israeli attacks on Iranian merchant ships recently taking oil and probably military gear to Syria....

Iranians attacking Israeli cargo ship with missiles.....

https://www.jpost.com/breaking-news/iran-fired-missile-at-israeli-ship-in-persian-gulf-report-663208

Iranians attacking Israeli cargo ship with missiles.....

https://www.jpost.com/breaking-news/iran-fired-missile-at-israeli-ship-in-persian-gulf-report-663208

That cargo ship ain't going anywhere anytime soon. It's going to be there for at least a few more days if not a week.

Also, with all those other ships piling up it increases the risk of collisions greatly. It takes several miles for a cargo ship to stop.

Suez to Amsterdam at 12 knots is just over 13 days via the Suez, or 41 days via the Cape - that will cost them greatly not just in time and huge cost in fuel but insurance due to piracy risks not just on the east of Africa but off the coast of Nigeria to.

Pirates are going to have lots of choice and not enough military escorts for all those ships.

Suez to Amsterdam at 12 knots is just over 13 days via the Suez, or 41 days via the Cape.

That will cost them greatly not just in time and huge cost in fuel but insurance due to piracy risks not just on the east of Africa but off the coast of Nigeria to. Pirates are going to have lots of choice and not enough military escorts for all those ships.

That cargo ship ain't going anyway anytime soon. It's going to be there for at least a few more days if not a week.

Also, with all those other ships piling up it increases the risk of collisions greatly. It takes several miles for a cargo ship to stop.

If only I had funds available to me now. I'd be topping up on ATM.

Anyone lend me 20k? Promise to give back 21k when the AA deal has gone through.

My only problem is not having funds to top up. If someone can lend me 20k, I promise to give them 21k when the AA deal is complete.