Https://www.hl.co.uk/feeds/apps/sharecast?id=33868698
Hl and Mail on Sunday rate DEST a buy.
Https://www.reuters.com/markets/commodities/anglos-safrican-iron-ore-unit-cuts-production-rail-woes-persist-2023-12-08/
If EEE discovered a good grade of iron ore next week shareholders would still be quids in imo. Commodity space warming up nicely, AAL down 13% on the news. Copper would be great given what Titanium has done to the sp.
ReggieT still here and $till have a stake in EEE. Some of my profits now punted into other explorers.
News......Frank says we are al to be optimistic in 2024.
Anyone not being optimistic will be beaten with baseball bats until happy!
Maybe buy a few more shares?
Early market reaction suggests to me the deal will be signed off today.
Fingers crossed then for around 1400 today.
If no agreement signed then I fear the sp will take a hit.
Yet....tick, tick, tick.
Total bovine excrement imo....
"By 2028 the European Union (EU) can replace Russian natural gas
for power and heat with renewables and heat pumps. Not only is this
achievable and beneficial for the EU’s energy security and climate action,
but also a significant fraction of the investment required can be paid for
from the resulting reduction in gas expenditure. Russia accounted for
almost 50% of the EU’s gas supply before the invasion of Ukraine."
What world are these cretins living in? Germany now in recession as its industrial base collapses without cheap Russian oil and gas! Oh and Germany now the largest emitter of CO2 in Europe as they burn lignite (Wet Brown Coal) to keep the lights on. Still closing down the nuclear power plants was a stroke of genius by Merkel and the Green Party! I could go on. Meanwhile in Madrid a bunch of well dressed Africans run a European Country into bankruptcy despite it being an early adopter of nuclear power under a dictator called Franco!
In reply maybe the correct answer is to say Schhhhh.....just add at anything below 50p?
Broadly, I agree the only issue here is one of timescales and risk. It takes years and $ tens of millions to get a small mine into production. As the drilling and assay results come in over the next year or two the larger miners will decide whether to invest or not?
There are a few things that can shake the Lassonde curve theory, global events, recessions etc. Example, Poseiden Nickel was helped to boom by the Vietnam War and EEE will benefit from the sanctions against Russia etc etc. There is also a recession looming in China and the west, EV sales are poor at the moment so predicting the future copper market not easy.
Https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
Expect the usual suspects to sneer but I agree, the sp had become quite frothy. Speculation rather than a sp driven by hard facts. Happy to buy the dips as I expect good news in 2024.
Thank you, I do not know that.
Shares suspended....bid or bad news?
My prediction for 2024, more contracts, small ones at first but frequent enough to repair the finances and maintain an upward sp momentum.
Https://www.proactiveinvestors.co.uk/companies/news/1035094/hartshead-north-sea-firm-lands-unique-deal-to-unlock-gas-field-development-1035094.html?utm_source=newsletter&utm_medium=sendy&utm_campaign=uk_daily
Not ANGS but another N Sea oil & gas company.
OK but when....?
Break even by next year, sector out of favour, bought 500 shares will add if news remains positive.
Https://www.lse.co.uk/rns/garfield-potential-for-tier-1-copper-deposit-ce8l8juqbrsdn6d.html
Might seem odd posting an RNS from another miner but I think it will be useful as a comparison when EEE hits copper. As you can see the grades considered to be commercial are quite low.
I suspect the copper grades EEE are sat on are likely to be higher due to the survey carried out earlier this year which was described as giant.
At present I am waiting for the sp to fall back before adding.
It is an outrage imo. I no longer hold 888 but do own PTEC and imo the offer was a good one. Almost tempted to buy a few 888 as another bid possible but not for more money.
The WMH deal was an act of madness which lumbered a great online gaming company with $ billions of debt and a string of betting shops.
Claims (BS) that the deal, the brand would be good in the long term are not reflected in today's sp.