I don't think we have seen any bottom across markets.... The way the US is going economically suits china very much.... But although a bit hot on a long bull, unlike 2008 there is no big bubble.. the massive stimulus may well make recovery relatively swift... But for bushy... Dunno... Bets off where the bottom is..... Hold hold hold
Will be bad and so many will suffer in SA... But that idiot Trump is making a crisis into a disaster in the US..... The fat Walmart diabetics with heart problems are gonna get culled !!! The numbers in the US make the rest of the world look tiny....
very probably ... but the huge VFRB systems they are building will need vanadium. They cannot get it all to the right purity from stone coal surely ...
But in any case... will bounce the Vanadium price back up. Not sure how much we sell to China (not much if any I think), but offtaking from Mokopane was very much in the frame last year ... leave the chinese to process it
yes Sanchez, but in 2 days SA will essentially close down for at least 3 weeks (I think it will be a lot more like everyone else). So production will cease etc etc.
So any opportunity to drive the SP lower will be taken .
When all this is fading in 3-4 months... big bounce back to circa 20 then onwards later in the year.... By then China will be fully into is massive infrastructure stimulation .... will need vanadium even if the USA is still locked down.... Trump is just being an unbelievable idiot and with his current plan the USA will be the worst hit country proportionately by a country mile
This afternoon I sat in my garden with a coffee, some cake and a book in the sun with one of my cats ... it was lovely but it took an hour before I realise that all I had heard in an hour was the birds from the woods behind our house. We live in a village but there is always some sound a car somewhere faintly ... just not this afternoon
Did rather strike me !
I just listened to much of Ramaphosa's address (the double echo on the you-tube clip just got too annoying at times). What struck me was how measured, calm and statesman like he was, and how he finished ... "We are a nation of one and we will surely prevail ...."
There are many on this board with high risk health conditions. We have 3 elderly and frail parents and my wife has asthma ... we are all going to need the fortitude Cyril just showed in the days ahead.
All the SP moans about shorters and b'stard MM manipulation are noise. Real people are dying and lot more will go before their time across the world.
Well... They have the example of italy & Spain to make it crystal clear.... No point saying Boris should have done X,y or z... We have a much bigger economy... But we'll done SA... Let us all hope it works everywhere