Member Info for Jinkar

Hopefully this buying is a little more sustainable and not a rinse and repeat.

China starting new infrastructure stimulus will help;

https://markets.businessinsider.com/news/bonds/chinese-economy-stimulus-spending-real-estate-sector-pboc-interest-rates-2023-6

Hopefully a start of some decent buying action mid is 17p now.

$10 increase in the last 11 days with top line production of 1mt per year = a possible $10million in the bank.

@Poker....no miracles needed just timing the market and a bit of luck. Bought in January the price has gone up a little 1-2% (it is a bond fund after all) with a 2% quarterly yield x4 just over 8% per annum.

I bought in here a couple of months @230 just missed the 220's for the two upcoming dividends and hopeful 20% SP rise.

I think it is a good time to buy bond funds as well, especially if you are into dividends with interest rates where they are now with a 2 for 1 play of yield and price.

Got some growth stuff. Seems all the talk is about AI so the "market" may want to go tech stocks, so I have a few quid there also.

"Try getting something like that anywhere else today and you will have your work cut out"

That's easy I have a bond fund paying 9.12%. 8.2% after fees. I just chuck money in and out comes interest every quarter. No hardship at all.

Anfal campaign especially Halabja

Marsh Arabs

Kuwait

Let alone all the "small scale" beatings, extortion, torture, rape and killings etc. Saddam / Maddas was a real stand up guy. @stoodio I don't think you have picked the right authoritarian, egotistical, narcissistic abuser to defend!

Was pointed out by others that @ approx 8:35 on recent podcast AW lets slip/mumbled the filling of the previous ship was "Arcelor". If that is our anchor customer ....happy days.

From the admissions document;

"The First Locked-in Persons have also agreed to abide by additional orderly market restrictions for a
period of 12 months after the expiry of the First Lock-In Period pursuant to which the Locked-In
Persons agree to ensure that any dealing in their Ordinary Shares during the period between the first
anniversary and second anniversary of Admission is effected, WHERE POSSIBLE TO DO SO, via Optiva in
order to maintain an orderly market"'

If @volmer is anyway near correct then maybe they are a forced seller. Anyway as long as the share price goes up and we can get out at a nice profit of our choosing.

not a minus but a hyphen? new/different rig coming to as previously stated?

Keep going!

in @230 keep it going.

@Sushi.... Keynesian economics says differently to you!!

@Steve what makes you think it is MBU offloading and where did you hear this rumour?

I hope that these HNWI's are not MBU family members or close friends,but substantial players in this field.

Well whatever She does lets not entertain her here like they do on other boards. Into the green coffin she goes.

"Penstock. what is a realisation charge?" ....... @Millie google is your friend also!

Cheers, maybe they already have enough sells on their books.

May I ask how many shares worth and at what price?

"Is it possible for Ben to ever be worth 1 billion?" ............YES. If all things go well, absolutely.

@Drop...agree with the positive side of the deal with MHWM but don't like the fact we are exclusive with MHWM and that we only have 1 offtaker (CSX is a costlier alternative). Never the best business plan to be completely beholden to others. I am not aware of the details of the MHWM contract...payments/length....but we will be in a weaker negotiating position, but I suppose Mega want money/security too.