Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://www.reuters.com/business/retail-consumer/serbian-government-revokes-rio-tintos-licences-lithium-project-2022-01-20/
RT lost out to building a lithium mine in Serbia back in January so no doubt looking for alternatives
https://www.bloomberg.com/news/articles/2022-02-12/could-aluminum-stockpiles-disappear-by-2024-trafigura-thinks-so
If this happens aluminium will sky rocket - the timing for Han***k is more than perfect
$80 Billion
Interesting article- perhaps QFI is on the shopping list
https://www.theguardian.com/business/2022/feb/13/saudi-arabia-transfers-80bn-shares-sovereign-fund-green-projects
Sugar is the only other commodity other than silver that has not appreciated in value over the last 40 years. The silver to gold ratio. Is 97:1 - pretty much the highest it’s ever been. Silver has been manipulated for far too long - agreed we will see a big bounce and the leverage will be huge for UFO
* won’t be
Surely once invasion occurs there want be a rally. There’s got to be more that comes off?
By how much would Poly’s SP fall in the event of a Russian invasion? The sanctions would be crippling no?
I’m surprised the SP hasn’t gone higher today. This might be the reason I.e. down to the FEDS tightening threat yesterday. Inflation is 7% in US - so once they start raising rates it will crash the markets and they’ll start printing again - perfect storm for precious metals. These numbers in todays RNS makes UFO the investment opportunity of a lifetime.
Looks like we’re good
Most appropriate some of the informative posts on this board. I’m thinking of adding some to my portfolio. My only concerns are near term - the impact of Omicron on SA (badly hit as I type) and production and longer term if we are heading towards global recession car demand will be hit.
Thanks - who are the other 9 out of interest?