Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I believe Naira had moved from a range of 400 to 600. This is more than 15% for sure.
Teichmann is doing well. When it rains they don't work for safety reasons (I am making an assumption here), the result is that Bluerock does not have diamonds to sale so it goes in financial trouble. Teichmann then loans money to pay for their own bill by taking cheap shares that result in a 51% stake. This is not fish, its just life! Then shareholders are getting played with auctions in Kinberley, Teichmann services and tons or rain. Teichmann will get a "free" diamond mine and for sure then this claim will start to be profitable.
Must be raining in South Africa for sure.
Yup around £10 million sounds right. Since they can't transfer the money from Russia I will expect the money to be sitting somewhere getting at least 11% interest rate a year. Waiting one or 2/3 years to unlock all this JRS value is nothing! Massive returns will come one day.
GAZPROM will give a dividend of 52 rubles per share. The fund was holding back in 31 Dezember over 14 million GAZPROM shares. Just do the math!
Lemonade, they charge a flat £3 but give a worse exchange rate. So they actually charge more!
Today's share price is just the result of two factors: 1 - market diggesting Putin's order to remove Russian stocks from overseas; 2 - Continuos dumping of shares by large institutions.
Russia is now selling more 300,000 BOPD than before the invasion (news from yesterday). So we know where the value really is!
Manfor, the RNS says that Russian equities are worth 5% of the £17,777,555 net assets.
Metom if its going bust you probably should sell sell sell sell. Don't lose time!
Looks like to board was feeling que coal price squeeze in India. Paying up to 300% premium its something.
https://www.bloomberg.com/news/articles/2022-03-21/coal-buyers-in-india-are-paying-300-premiums-to-secure-fuel
manfor if you think that roubles can't be converted please just stick to investments like Bitcoin. Even today I can buy rubles as travel money....
manfor do you know the meaning of a free market? It means that me and other people can put the money where we want. It means as well you can stay out. So please save your comments in relation if this ETF should be or not open.
Oldblue since you don't like information of whats happening in the ground you can allways block me and wait for news from the board.
Unfortunately, some people still don’t believe the progress TZM is making. I will be happy to forward a copy of yesterday’s newspaper to any non-believer.
More than 30 million US dollars are being invested by the company TZM-Resources in the heavy sands exploration project in Muebase, in the district of Pebane, in the province of Zambézia. Data gathered by our Report indicate that, so far, 10 million dollars have been invested in the importation of equipment, machinery, compensation for the 271 families covered by the project, which occupies an area of ??32 thousand hectares, among other interventions. The director of the company TZM-Resources, Luan Peng, said yesterday, in an interview with our Report, that the exploration area was granted by the Executive to the mining company for a period of thirty years. Our interviewee also said that the production operations themselves will only be able to start at the end of June this year, when the Council of Ministers authorizes the environmental license. The official stated, on the other hand, that the Muebase mining project will have a positive impact on the socio-economic life of the district by creating jobs, particularly for young people; road rehabilitation; construction of water sources, complete primary school; and placement of a mobile phone antenna. Our Report found that the Mue base deposit has a capacity of more than 10 million tons of heavy sands, an ore with wide application in the electronics industry and civil construction. The administrator of Pebane, João Vida, told our Report that the Government and the population of the district are waiting with unusual expectations for the start of the company's activities, since it will be able to contribute to the reduction of unemployment, capture of revenue for the State to finance the public policy. According to João Vida, the project will be developed in two regions, namely in the administrative post of Nabur, where 67 families will be affected; and Mulela, with 205 households covered.
João Vida said that, under the memorandum of understanding signed between the Executive and the company, several social responsibility actions are planned, namely the paving of fourteen kilometers of the main road in the village, acquisition of an ambulance for the administrative post of Mulela, construction of a complete primary school in Muebase, market in Tomeia, opening of twelve boreholes for the supply of drinking water and the granting of thirty scholarships to young local students to attend technical courses. The law on the exploitation of natural resources says that a company's social responsibility is fulfilled two years after the actual exploitation. However, before the start, the company TZM-Resources has already started with social responsibility by awarding seven scholarships to an equal number of students from the Pebane district. The idea is that the graduates can be employed in the mining company after completing their studies.
I will leave here the link below for the article published today by Jornal de Noticias and a copy and past for easy translation! All the best guys.
https://e1.pcloud.link/publink/show?code=XZQAyHZ3X6DFdz6xl5chTpnqX9PrJ0nHXe7
Mais de 30 milhões de dólares norte- -americanos estão a ser in vestidos pela empresa TZM- -Resources no projeto de exploração de areias pesadas em Muebase, no distrito de Pebane, na província da Zambézia. Dados apurados pela nossa Reportagem apontam que, até ao momento, foram aplicados 10 milhões de dólares na importação de equipamentos, maquinaria, indemnização das 271 famílias abrangidas pelo traçado do projeto, que ocupa uma área de 32 mil hectares, entre outras intervenções. O diretor da empresa TZM-Resources, Luan Peng, disse ontem, em entrevista à nossa Reportagem, que a área de exploração foi concessionada pelo Executivo à mineradora para um período de trinta anos. O nosso entrevistado disse igualmente que as operações de produção propriamente ditas só poderão arrancar em finais de Junho deste ano, quando o Conselho de Ministros autorizar a licença ambiental. O responsável afirmou, por outro lado, que o projeto de exploração mineira de Muebase vai impactar de forma positiva a vida socioeconómica do distrito através da criação de empregos, particularmente para jovens; reabilitação de estra das; construção de fontes de água, escola primária completa; e colocação de uma antena de telefonia móvel. A nossa Reportagem apurou que o jazigo de Mue base tem capacidade de mais de 10 milhões de tone ladas de areias pesadas, um minério com larga aplicação na indústria eletrónica e construção civil. O administrador de Pebane, João Vida, disse à nossa Reportagem que o Governo e a população do distrito aguardam com inusitada espectativa o início das atividades da empresa, uma vez que poderá contribuir para a redução do desemprego, captação de receitas para o Estado financiar as políticas públicas. Segundo João Vida, o projeto será desenvolvido em duas regiões, nomeada mente no posto administrativo de Nabur, onde serão afetadas 67 famílias; e Mulela, com 205 agregados familiares abrangidos.
João Vida disse que, ao abrigo do memorando de entendimento assinado entre o Executivo e a empresa, estão previstas várias ações de responsabilidade social, nomeadamente a asfaltagem de catorze quilómetros da principal estrada da vila, aquisição de uma ambulância para o posto administrativo de Mulela, construção de uma escola primária completa em Muebase, mercado em Tomeia, abertura de doze furos de abastecimento de água potável e a concessão de trinta bolsas de estudo a jovens estudantes locais para frequentarem cursos técnicos. A lei sobre a exploração de recursos naturais diz que a responsabilidade social de uma empresa é cumprida dois anos após a exploração efetiva. No entanto, antes do início, a empresa TZM- -Resources já iniciou com a responsabilidade social ao conceder sete bolsas de estudo a igual número de estudantes do distrito de
the ticket JRS is still working with Degiro.
The JPMORGAN RUSSIAN SECURITIES PLC (JRS) have some exposition to Norilsk but its still way above the real NAV price. My trader Degiro is not dealing nothing with Russia exposition aporte from the JRS and they say its because the sanctions.
Fishybilly the NAV was not updated yet. Gazprom had a 52 weeks high 10.96 and now is trading at 0.08. Lukoil had a high of 108 and is trading now at 0.38. This share may be due a serious adjustment.