Lorna Blaisse, CEO of Helium One, outlines the path to commercialisation for their helium discovery. Watch the video here.
Macro matters might be relevant. One day closer to building the wall? One day closer to more mayhem in Ukraine with a Trump or Biden victory as that might determine matters (and elevate PMs ?). Anyway plenty of uncertainty and even Labour victory could move the macro dynamics. Will the peso strengthen against the dollar? I am positive here because I think Fres is a big player in Mexico and treats the workers as well as possible so will get Mexican domestic support in troubled times. Peace has a big premium nowadays.
He evidently is not anonymous in my book. Tang will want the hype of SP booming should official sources sanction Phulbari which he will not get if he delists. ADVFN 30/12/2023
13:06 There could be more to this suspension than you think. Wishful thinking, but if Tang has more information about the intention of the Bangla government towards mining own coal, then the reason for the non advance of the final £300k could be because a more major reconstruction of GCM is about to take place which would provide more cash and a bigger stake in GCM for Polo. Bear in mind also that he can convert the £3.5 million debt that GCM have into shares for Polo.
I think the next few weeks could be interesting...or not?
Maybe about to get our shares in Polo back on the market?
W2NCY said this ' I'm Marv73's brother! always had an interest but only just set up my account on here. '
posters here met the brother- now passed away - at AGMs and the holding is now with the family I presume so W2 is carrying the banner.
Good to see that in print for the first time and the screw applied to capacity generators getting something for nothing. Hasina must have new ministers supporting the change! Official announcements can't be far off you would think.
'safe pair of hands' who called him that? I was painting a positive picture and proven one of Tang's achievements and it would be nice if it turned out positive for shareholders. He trained in the UK and would hate it if he uses that against our interests but he is obviously a serial achiever. Hence the 'hopefully' to acknowledge all the anti Tang comment which may not be by shareholders like me and I cannot be bothered to research POLO though I know using POLO funds to take a stake was no cost to Tang which I did not like. He is obviously adept at using UK corporate law to his advantage.
26/6/13 Tang appointed executive chairman so he must be as fed up as anyone at delays. I have been reviewing all his efforts as per the strategy he writes of in his first report of 2013
A steady and hopefully safe pair of hands. Maybe designs on being 'Datuk' of Bangla eventually; at least he has a taste for helping developing nations.
There is GCM from years back and Tang from a few years back. It is easy for Tang to get control of GCM with the new equity and take it private but he will likely wait until GOB have their % with the Lye credibility to underpin GCM. All boats will float when permission is given but PIs will benefit with less than 50% of where they should have been and all subsequent dividend/capital will flow to Tang and GOB.
That is my likely course of events to make sense of news to date.
What about the GCM board/Tang greasing the new Bangla regime with a stake in the company instead of a market raise so that objections fade to open pit start. It would be nice to be government backed for a change.
The PM's grip has loosened to manage the economy post election I read from that. Is Kamal tackling corruption... “I have learned from the newspapers that there have been unusual transactions in some cases, it will not be longer.”
I wonder when the energy ministers will release the clutch.
Brexit has made the EU more of a flexible entity even though the UK has paid a price it has had more influence on being realistic over the channel, amazing how the UK actually prevented evolution by being in the EU.
I will be very miffed if AAL is bought out but think Woodsmith prevents that.
Woodsmith was deliberately manoeuvered into the hands of AAL instead of giving a lesser outfit a long term loan. I object to deals selling the polyhalite in advance as it will sell itself for more profit at market rates.
Too true, the world has stagflation coming but AAL says "Looking ahead, the fundamental supply and demand picture for many metals and minerals is ever more attractive. Many of the world's major economies are focusing their resources on meeting global decarbonisation timelines and, as the global population grows, continues to urbanise and demands higher living standards, we expect unprecedented demand for responsibly produced raw materials. We are improving our resilience and ensuring we are set up to grow the value of our business into the major demand trends, drawing on the bench of well sequenced margin-enhancing project options within Anglo American."
Survival of the fittest will be the name of the game for some time; shareholders will be targeted for their wealth/exploitation and small investors (me) and those starting out in the game have a difficult field to play on.
Woodsmith is the key takeaway in the update for me. I think they are cutting costs and maximizing returns at lower production to finish Woodsmith which they are banking on being a winner.
· Capex of c.$5.7 billion (a reduction of c.$0.8 billion) and includes Woodsmith
· Production expected to decrease by a further c.3%(2): production changes to enhance value and reduce unit costs, and scheduled maintenance
· Capex of c.$5.7 billion (a reduction of c.$0.4 billion), including Woodsmith
· Production expected to increase by c.4%(2): benefiting from higher volumes in copper, iron ore, steelmaking coal and diamonds
· Capex of c.$5.3 billion, including Woodsmith "
Are we buoyed up by Russian money/migrants; I used to read https://www.lse.co.uk/chat/general/general/1D3531D6-391B-42B4-9C9C-C9F8383D0BB8.html?page=15 but Madpunter has stopped his posting. I have always thought BGEO was a conduit for a more respectable Russian investor rather than Putin backed one.