Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
On this day 10 years ago the share price was 370p. You've forgotten to take the share split into account.
Bought in a few months ago when the share price was in the low 70s. Nice piece of business.
https://www.prnewswire.com/news-releases/brand-new-emergent-entertainment-plc-forms-to-offer-next-generation-of-digital-and-immersive-entertainment-301658222.html
Didn't see this mentioned here before.
Does anyone have any further details?
Am I right in thinking that if Argo are forced to suspend mining due to broader grid energy requirements they will be compensated. But they might not receive that money for some time - maybe next quarter - and it could either be as a cash payment or a discount on a future bill. But at that point they can use the available liquidity to purchase bitcoin if they desire?
Anyone foreseeing a drop in network difficulty coming up? Last time the share price was so low the difficulty dropped to half what it is now. Are we in a different place now wrt to the relationship between bitcoin price, difficulty and profitability for less efficient miners? Will fewer be switching off this time round?
I'm not retired, I'm in my 30s but I'm interested in planning early retirement and loosely follow 'FIRE' priciples.
You can take out any amount you like from your pension, but obviously the more you take the higher the risk you reach old age with nothing left. The 4% guideline was based on a retrospective american study that concluded that over a 25 year retirement, with a sensible split of bonds and equities you shouldn't run out of money. A lot have people have concluded that the 4% value is a bit over optimistic for the uk and 2.5% or 3% might be more appropriate, but these people tend to be more cautious. Another factor to consider is that the cost of living in retirement in the UK is lower, healthcare is provided and the state pension kicks in eventually.
Expecting to spend 30-60k pa puts you right in the top bracket of retirees - most will retire on far less. Even if you dont expect to spend that much throughout the whole retirement, 10 years of spending on that scale will eat a huge chunk of capital, which you may need later for care/nursing homes, or that you may wish to pass on. The pattern of aging in western economies is now tahtw e live longer but with poorer health and poorer quality of life. Sustaining yourself during that period is actually remarkably expensive.
Have a play around with this site https://engaging-data.com/fire-calculator/ and it sister site https://engaging-data.com/will-money-last-retire-early/
The numbers are in dollars but you can treat it as pounds if you set up the tax etc properly.
First off the UK government has to complete its study on reopening aviation. Then airlines have to start de-mothballing planes and making sure pilots have enough flight hours to get back to work. Then the rest of the world has to get to a point where they can reopen their border (whether or not that involves vaccine passports). All that means a rise is long haul aviation is at least 6 months away. Arsenal17 is more or less on the money. RR might not even turn a profit till 2022.
Stop losses getting triggered in the USA. Its getting cheaper for a bit
https://www.edisongroup.com/publication/expectations-raised/28259
Improved forecasts for 2021 and beyond. Seems to be moving the share price.