Member Info for eviking

Https://www.cityam.com/london-listed-software-firm-gresham-technologies-the-latest-to-be-bought-out-for-146m/

Https://www.theguardian.com/world/2024/apr/10/russian-oligarchs-petr-aven-mikhail-fridman-court-ruling-eu-sanctions

Https://www.mining.com/web/bhp-set-to-dethrone-codelco-as-worlds-biggest-copper-producer/

Https://www.thisismoney.co.uk/money/markets/article-13289463/amp/HSBC-offloads-Argentina-arm-hefty-loss-South-American-country-racked-hyperinflation.html

Copper was thought to be headed toward a supply crisis as the world adopts electric vehicles and other greenification measures.

And now that crisis is here, say Bank of America metals strategists led by Michael Widmer.

“The much-discussed lack of mine projects is becoming an increasing issue for copper. This, along with investment in green technologies and a rebound of the global economy, should lift prices to US$10,250/t (465c/lb) by the fourth quarter,” they say, an upgrade of 8% from their previous view.

Front-month copper futures HG00 were trading at $4.28 per pound, up 10% on the year on Tuesday.

Bank of America wasn’t the only Wall Street bank forecasting copper price gains. Analysts at Citi said consumers of the metal should “urgently hedge” or risk facing $320 billion of cost increases over the next three years. Saying copper is the second bull market this century, they say copper prices are trending higher to average $10,000 per ton in the fourth quarter and $12,000 by 2026.

The Bank of America analysts also are bullish on gold.

41

A UK energy company is to start drilling at the biggest oil field discovered in the North Sea in at least 20 years in spite of a net zero crackdown on the industry.

EnQuest plans to bring two fields onstream which have the potential to produce 500 million barrels of crude oil over coming decades.

The sites, which neighbour Kraken oil and gas field, 80 miles east of Shetland, will reignite the political battle over the North Sea’s future in which Labour has threatened to block new production citing environmental concerns.

Their planned intervention has prompted warnings from energy companies that the UK risks cutting off its own energy supplies before it has a replacement.

UP AGAIN

https://www.lse.co.uk/SharePrice.html?shareprice=MTL&share=Metals-Exploration

Https://www.google.com/amp/s/amp.theguardian.com/science/live/2024/apr/08/total-solar-eclipse-north-america-updates

Trek and last few months more money leaving UK

Chip giant Arm, building materials supplier CRH, Paddy Power owner Flutter and travel operator Tui are among companies to have abandoned London in recent months.

The stampede away from the London stock market has accelerated this year, with investors withdrawing more money from UK stock market funds.

Investors pulled $6.5bn (£5.1bn) from UK-focused equity funds for the period January 1 to April 3, according to Goldman Sachs, adding to the gloom.

The FTSE 100 has also been sluggish over the same period compared to global rivals.

Stock markets in Japan, the US and EU have rallied by more than a quarter, while the FTSE 100 rose just 8.6pc over the same period, according to Calastone.

UK stock funds have been unloved for several years, suffering 34 consecutive quarters of net selling, according to Calastone. Another £823m left funds in March.

The FTSE's top 10

Company

Market value

Sector

1

Shell

£168bn

Oil and gas

2

AstraZeneca

£164bn

Pharmaceuticals

3

HSBC

£122bn

Banking

4

Unilever

£95bn

Consumer goods

5

BP

£80bn

Oil and gas

6

Rio Tinto

£73bn

Mining

7

Diageo

£64bn

Consumer goods

8

GlaxoSmithKline

£60bn

Pharmaceuticals

9

Relx

£59bn

Media

10

Glencore

£58bn

Shell has threatened to quit the London Stock Exchange for New York in what would be the biggest blow to the UK’s struggling stock market to date.

Wael Sawan, chief executive of Shell, said the oil and gas giant was looking at “all options” for its listing amid concerns it was under-appreciated by investors.

He said: “I have a location that clearly seems to be undervalued.”

The comments will spark fears that Shell, which is the largest company on the FTSE 100 with a market value of roughly £180bn, could become the latest to flee the London market.

The index has traditionally been dominated by oil and gas companies, as well as mining and commodity stocks.

But a growing focus on environmental, social and governance (ESG) measures among investors has begun to threaten that status, with major companies starting to defect to the US, which is now the world’s largest oil producer.

Link broken troajan me 2 having dollar hansd

https://www.lse.co.uk/shareprice.html?shareprice=anto&share=anto***asta

Https://www.news-medical.net/news/20240405/Researchers-develop-first-genetic-maps-for-disease-linked-DNA-repeats.aspx

Https://www.swissinfo.ch/eng/climate-change/france-eyes-swiss-money-for-new-nuclear-power-plants/75245438

Meat getting hammered us latest scandal

https://www.theguardian.com/environment/2024/apr/05/letitia-james-jbs-meat-lawsuit-greenwashing

The smell of petrol love it

Nomlungu yes i benefiting from my chainsaw addiction stocking up higher than abus atm

Drone charging by wire

https://newatlas.com/drones/drone-operate-indefinitely-recharging-power-lines/

DT Only need the sp to go up another few points to be in profit. Us shares doing so well..