The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Getting By...Good points all.I see China is ramping up on coal powered stations,but has committed to zero carbon by 2060.My view is coal has to go,the next skittle is oil, but not before the demise of diesil,which is being turned off for gas in Nigeria and elsewhere, hurray.Oil however has a multitude of uses,including supporting green energy.Russia,Saudi have plenty of cheap oil but Iran less so for lack of investment.USA shale getting tighter and lenders wary.OPEC are not the only oil producers,in recent years investment in the others is half what it was.Oil price pressure yyet toc come and OPEC cannot meet supply.Now happy to have held on to too many of these.gla
As we wait hopefully Amur are making a good profit on the iron ore sales as China spends on infrastructure to keep the masses employed.They are good at keeping failing industries alive.More infrastructure More steel and more nickel required,hopefully to counterbalance less demand for batteries,or at least car batteries as they move to cobalt,lithium and manganese,correct me if I'm wrong
I thought we were digging iron ore in Aussie and making good money, so no need for fund raise.Rome was not built in a day and I would never have grown without my parents investment.I once made a profit on these when They went up by a penny, but have rebought seeing in my view longevity of this share!!
Patience required here I believe.Value will out.I have bought and sold all the way from 29p to 7.5p and now average at 14.My take is not to trade anymore and wait for what I hope will be a sustained rise.good luck to all
Thanks to Malcy I am here, unfortunately at to high a price initially,however,with my bumbling my average is now down, in profit and happy to stay and with my top heavy holding,have bought back, and not creaming any off at this price.Good tidings all
For me I buy or sell on what I would least prefer, usually when in profit. I want to be greedy, but then have to sell some if greed and fear are in balance. Well it worked this time anyway, average now down. .45p.Probably shouldn't be in this game but fingers crossed. Fully loaded and uncomfortable!!