Member Info for Jofish

This Oyu Tolgoi mine in Mongolia doesn't seem to get any coverage on the boards here. I mentioned TRQ before, which is where my interests lie but this is a remakable resource which if it goes for $8 a share with government on board will be extremely cheap for RIO. RIO have warrants to buy TRQ stock at $12 odd and fully participated in the recent rights issue. http://www.dailymail.co.uk/money/markets/article-2575122/MARKET-REPORT-Rio-Tinto-mulls-Canada-venture.html http://www.mining-technology.com/news/newsrio-tinto-mongolia-government-to-strike-deal-over-66bn-oyu-tolgoi-mine-development-4190582

Those are the issues, strong pound, lack of emerging market growth. I do feel however that this is a jewel of a brand. I never buy for takeover speculation but the Chinese food chain is not trusted (acquired Smithfield Foods) and US companies would pay top dollar for this (acquired Cadbury). China needs export infrastructure and branding, they are the 2nd biggest and still growing market, they need the veil of a brand like this to move beyond local farmers meeting local demand. They are ending stockpiling because they too are struggling with overseas markets to some extent. Lowering imports is step 1 that's where we are now hence the fall in T&L share price. Step 2 is reverse this scenario by creating western processing business. Acquiring T&L would be smart. http://www.bloomberg.com/news/2013-11-05/china-may-phase-out-sugar-stockpiling-program-ndrc-says-1-.html

Once word gets out the dream team are here this will rocket. (Kiss of death) I'll drop you guys a mail.

I am now, still take two in my tea. Hope you are well and keeping dry.

my buy of 1500 at 656.888 showing as a buy at 659.888 for some reason

Stock prices are present value of future earnings. The biggest electronics retailer in the world is down 30% pre market in the USA (Best Buy) gotta have earnings that justify the price. Only thing I'm inspired to buy in this space is Amazon.

Cold snap today down to around the 80f mark. Water a bit cold and reasonable sea breeze so the fish are safe today. Dipped in here today and a bit of Barrick in the USA plus NUGT (day trade). Hope you're good. Time for tea.

Randgold about par on the AISC (all in sustaining costs) at $1000 per ounce http://seekingalpha.com/article/1861611-an-analysis-on-the-all-in-sustaining-cash-cost-of-gold-mines?source=marketwatch

http://www.cnbc.com/id/101226587#_gus apologies if posted earlier

Uruguay has recently gone live also .......... http://www.aprenergy.com/content/apr-energy-announces-commercial-operation-200mw-power-generation-project-uruguay

http://blogs.marketwatch.com/thetell/2013/06/17/get-back-into-beaten-down-mining-stocks-j-p-morgan/

Am I right in thinking we are being asked to convert for £1 per subscription share when these same shares can be bought on the open market for 85 pence.

Down day for market ........ HIGHLIGHTS · Pro forma revenues up 25% to $265.7 million · Pro forma net income up 32% to $53.2 million · Pro forma EBITDA up 42% to $157.0 million · Pro forma EBITDA margin up to 59% from 52% · 2012 contract wins of 569MW and contract extensions of 724MW · Fleet at year end 1,311MW up 46% year on year · Order backlog of 11,592MW-Months, up 80% year on year o Order backlog of 14,651MW-Months as of 15 March 2013 · Global hub strategy completed during 2012 · Strong start to 2013 with 281MW of new business and 80MW of contract extensions · Total dividend remains at 10 pence per share · Fleet capex raised to $225 million reflecting confidence in market dynamics http://otp.investis.com/clients/uk/aprenergy/rns/regulatory-story.aspx?cid=311&newsid=330924

The current OT dispute has cost Mongolia a lot more in collateral damage to the economy than the USD 300 million it intended to get from Rio Tinto in the first place ................. http://www.themongolist.com/blog/government/57-speculation-ot-dispute-and-the-budget.html Still holding TRQ :-)

That's T with a T, R with an R, Q with a Q .......... http://www.marketwatch.com/investing/stock/TRQ

I'm in TRQ 51% owned by RIO who jointly own 66% of Oyu Tolgoi in Mongolia. Speculative and embroiled in local tax issues but could be a winner at these prices ($6.36). Mining and resources having another bad day. Makes you wonder what the recent highs on certain indexes is/was based on. http://www.bloomberg.com/video/sam-walsh-on-rio-tinto-s-growth-strategy-outlook-4UdJQ~fUQuufTGqvopzgFg.html

Tight integration, brand re-alignment, then gets bought perhaps. A good step anyway. Cheap gas will help with costs going forward.

got some of these for my wife @ 42.81 in her SIPP. She asked what we did and was quite shocked by the answer. GLA, we'll know soon if this is oversold

Thanks for confirmation, solid company here along with BBY.

Web site is a bit vague but is there a final dividend of around 40 pence record date in late September. Thanks for any help