Member Info for Jeremiah99

I'd be wary of allowing the US to buy Greenland for steadily devaluing $$$. You'd be trading land and hard mineral assets with untold future potential in exchange for a fiat currency loaded with $38tn of debt (which is incidentally roughly the same value of all the gold that has ever been mined in human history)

I notice that George hasn't bought any Alba shares for 4 years and that his current holding is worth less than £10k.

Looks like the UK is the second biggest holder behind Japan

https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html

Why any country would hold so much of any currency which steadily devalues as they print more and more is beyond me. It's a pity Gordon Brown painted gold as a barbarous relic back in the day instead of recognising its utility as a time tested store of value. Had we bought more gold than US treasuries since then we'd probably be in a much better place.

Even a quick study of the basics of psychology suggests he has narcissistic personality disorder. The kind of egoistic self centered coercive bullying personality that would be labelled as abusive in a one to one relationship. How a civilised country can elect a dangerous clown like that into office is the scary bit for me. As someone said elsewhere Russia and China must be looking on with a huge tub of popcorn as NATO appears to be doing it's best to tear itself apart.

Trump has been my concern from early last year. Taking Greenland by force for the minerals is basically stealing European assets unless companies already operating there are allowed to continue unrestricted or are adequately compensated.

In that case I'd dump US treasuries to force upwards pressure on US interest rates.

More sensible heads in the US administration seem to be getting involved in the Greenland question now. They seem convinced there is currently no military threat from Russia/China though there will be growing strategic interest in the area in future. So far I think it may have been Trump pushing his luck trying to grab the country mainly for the assets but couching it in terms of national security. If he fails he has at least galvanised the EU to step up and take an active interest in contributing to the security/surveillance operations there. As long as the talks can continue in an agreeable manner all this interest can only help to raise the profile of companies like us, looking to exploit the natural resources there. IMO.

I always ignore noob posts starting with "Wow"

Seems too cheap to me. If there is a monetary deal I would want to be paid in hard assets (like gold) rather than $ which will probably devalue over time.

Pretty upbeat presentation by Stefan IMO. Confident that funding will appear as the project progresses without too much dilution, particularly just prior to mine and processing plant construction . Offtakers interested but holding off to see how China export restrictions pan out. Thinks graphite demand will not be limited to EVs but to various other storage needs. Thinks future US graphite demand projections are currently understated. Doesn't see any threat from solid state batteries as these will more likely be reserved for high end products. Not much potential at Thule Black Sands unless it joins up with Bluejays deposit for economies of scale, even then it's not of strategic importance.

Oh I get it now, they're banning Elon Musk's Grok app :-)

Interesting first post from you on this BB, could you enlighten us please?

Add a little whisky to that ice! :-)

How long will it take for the assay results to come back?

Rare earths are actually not all that rare but are famously complicated to process. China is way ahead of anyone with the know how and equipment to do so. If Europe tried to implement the string of production processes required it would take years. The US would have a better chance as they would have the money and not be hamstrung by bureaucracy.

From what I shared last month about US graphite miners, I'm not sure if they need much more graphite at the moment.

"Titan Graphite and Graphite One in Alaska could together supply all of the current US requirements (40ktpa + 60ktpa respectively) "

Our deposit is much better quality though at 20%+ graphite v max 7% for the US deposits. Also Donny is not as committed to clean energy as Europe is so I'm not sure how much a US takeover of Greenland would affect us.

Will he rename it Orangeland?

(stolen from Financial Times comments section)

That's my worst fear, that he'll take Greenland by force, fall out with NATO allies in Europe allowing Russia to try their luck in moving back into some of the weaker former Soviet states unhindered. Maybe he's even done a deal with Putin to that effect, or is that too much of a conspiracy theory?

I'm surprised our s/p has continued drifting upwards given the uncertainty over Greenland.

Uncertain times in Greenland with Trump looking to annexe it. A side effect of the Maduro stunt may have been to scare Denmark into doing a deal? I don't know if Europe has any navy but if so I would be sending a couple of boats up there, or some troops, just to make a statement.

From that earlier link it appears China are in a strong position with EVs and are rapidly increasing sales, even in Europe. Will European manufacturers ever be able to compete?