Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just sold out of this share on hearing about the repair service offering. Very negative IMO if a company is having to offer a repair service as it directly conflicts and will impact new sales. In addition, carrying out repairs will be cost intensive (space, man power, materials, logistics etc.) and won’t command decent profit margins. GLA
just the uk stock market that’s a joke?!!! what else about the uk isn’t a joke right now?!!!!!! bunch of complete an utter spoon fed, privileged, lying, self indulging, greedy,corrupt, double standard ****** that so call run this country for decades have destroyed it and made it a laughing stock with absolutely no clout on the global stage. run it into the ground is what they’ve done. crumbling schools, roads that look like swiss cheese, nhs on its a**e, bankrupt councils, national debt more than 100% gdp, brexit fu*k up and so on and so on. as you can probably tell, im not that keen on politicians!!!!!
Reported on Bloomberg this morning and has to be a big positive theme for Energy Storage:
Clean Energy developers are expected to install record amount of solar power in US this year as industry recovers from supply chain and trade obstacles. The solar industry is is projected to add 32 gigawatts of capacity in 2023, an amount equal to about 30 nuclear reactors, according to a report by the Solar Energy Industries Association Inc. and Wood Mackenzie LTD. The installations will be a 52% increase compared to 2022 when the solar market contracted by 13%, the report said.
Results for the Financial Year Ended 30th June 2023
Strong operating and financial performance amidst challenging macro headwinds
31.3% year-over-year revenue growth
18.3% year-over-year growth in customer base
Confirming FY 2024 ARR and revenue expectations; increase to underlying FY 2024 margin
And net profit up nearly 4000% I believe?!
As I stated a couple of weeks ago, the SP has bounced back up nicely off the 38p mark. Share price continues in an overall upward trend (setting higher low points each time over the last 6 months) and I hope we can see a continued but measured climb back up to and beyond the last significant high.
Bloomberg reported ‘significant China investment in Battery Storage’ this morning so just cements what we already knew in that this is going to be a front, centre and critical part of future energy solutions globally
Likely to rumble on for years in litigation and is predominantly based on alleged activities years ago which Glencore has already reached settlements with a number of governments in different countries but the company itself is today very different and has addressed all the past wrong doings with regards to corporate governance