Member Info for Genghis15

For all the noise from Trump Brent is still over $90. Good value here, I suggest.

Yes, Trump playing games, but....he's under pressure. The MAGA base doesn't like long wars, doesn't want to pay for them, and a few are getting antsy about fighting for Israel. Add in midterms 8 months away and how sensitive US voters are to fuel prices, he's gotta stop sometime. Something will have to give, possibly in the next few days, tho it could be a bit longer.

Bit concerning. I exited a couple weeks or so back at around today's SP and immediately regretted it. But won't be coming bsack mwithout some clarity here.

$100 oil is relatively cheap if inflation adjusted against previous energy price shocks. Just adjusting 2007's $150 peak for US inflation = $225. That was £112.5 back then. It would be £170 now.

$100 might be just the start of this story. And those bemoaning the EPL better prepare for a shock ; higher oil/gas will lead to a press/public clamour for higher windfall taxes. not lower. Tin hats all round, barring an outbreak of sanity in the White House and/or the Knesset. Neither look likely.

If you think EPL could or should be reduced while oil spikes over $100 (at least!) think again.

Forget $100 oil.Oil hit $150 in 2007. with US inflation that's $225 today. What's more, in 2007 £ bought almost $2, today $1.30. So $150 in 2007 = £75. but $225 in 2026 = £173.....

A month ago at $60 it was £46. At $225 it's £75. That's a LOT of inflation IF it happens. Not a prediction. Just interesting numbers.

All depends how long the lunatics in the WH can keep on without men in dark suits (or military uniforms?) tapping them on the shoulder saying times up.

I am no chartist, and don't put much faith in them. But many do, and imho having them onside can add momentum to a trade, or a trend. This guy always advises researching fundamentals.

Anyway fwiw at 12m in he sees this going to double figures and into 20+.

https://www.youtube.com/watch?v=Cm1gE1Y6puY jax @12m

Either it's a great result for holders at a time of uncertainty over both how conflict will affect Emirates' finances + whether they will renew leases, or it's an opportunistic grab. Both, I gueess, but if I were still holding here I'd be relieved tbh.

Exited at 59 a few weeks back.

We have no idea of the figures being discussed, which could be relatively small but could be transformational for a £90 Mcap co. And oc the transaction may fall thru. Interesting times, tho, and very +ve ones for Ajax.

Money seems to be moving from gold to oil, lots of volatility today. Guess there's omly so much liquidity, everything can't go up at once.

I'm sure gold will top the leaderboards again once Hormuz reopens, tho its anyone's guess when that is

Trump has opened a Pandorean box, and most of the world will be pushing for an end to disruption. China, of course as well as it's erstwhile Arab allies who must be nervous about their own populations. Even the US public will be restless.

Time to hide under the bed.

It's the tsx/AIM mismatch that's baffling.

TSX about to open, let's see what happens now.

Latest guidance was "around the end of the Q" so 41 to 5 weeks away yet.

But FY25 results and Q1 ops update will be hot on its heels, with mb some CdI drilling updates too. Barring black Swans, THX must sail pasy £1 in April.

Baffles me too.

Bisto

The indicated spread on HL atm is 3p. The actual spread on buy/sell is 1.2p. Wider than I would like, but half the level you quote.

Icarus

We don't know that. It's oc the default model but more savvy companies with large prospects are partnering or farming out. It'sa dilution by another name, I guess, but somehow feels less painful, and crucially is less likely to knock the sP. We'll see.

He;s never leaving, Except in handcuffs or a coffin.

I registered to go but can no longer make it.

https://www.proactiveinvestors.co.uk/register/event_details/467

Yep, I am one of those former BPM holders who moved into mining, principally gold, on the Trump election + dollar debasement fears. Tempted to diversify back to good old safe BPM soon, tho a little wary of how it's investee companies might be exposed to any major financial turbulence.

Other than that it's such a good reliable and well run company I'm sure I'll be back in one day.

Sodium is indeed the coming thing, but barring some huge tech leap, it's weight means its unlikely to displace lithium from the transport sector in any major way.