Member Info for LuckyLuciano

..problem is our lawmaker and politicians are corrupted worst than in Ghana.

https://www.investing.com/news/commodities-news/us-senators-in-new-bid-to-fight-opec-price-fixing-of-oil-3025294
What a lot of ****** the above....
I though the US action to lower world wide inflation was by rising rates? Wait sorry I forgot, the US$ is losing its hegemony day by day hence, its les and les relevant what the Fed does.
What next another war from US?
And the US congress what is going to do to stop OPEC? HO yes I remember another Biden trip to AS to say pleeeeese can you increase supply (answer NO) lol
..or maybe releasing more strategic oil reserves?
To note crude oil inventory data out today came short ...
And good payroll numbers can only increase oil consumption, although the rhetoric goes that rate will rise and the opposite would happens.
One billion dollar question is a what level US rate need to rise to dent world wide demand for oil?
and I suspect the rate rise would be to high for the US economy, remember that rate rise also rises $ and therefore kills US exports and helps cheap Chinese imports.

It smells a rat to me.....
They say "we are short Piedmont lithium"
this is to confuse the real intention of blue orca, which is bring ALL sp down.
I mean for PLL even if All project would go titts up the re are dozens of CS6% available comes 2025, to fee their tiny refinery, some closer to their project.
Yes so far they forked out what? $70million, but is this a reason to go short on PLL?

What a W@NKA

My conspiracy theory mind tells me that MIIF want to get in on the cheap.
I am surprised that till now this news of corruption did not surface, it must have been on the know for years.....
Possibly hopefully is all an orchestrate media reports, where everyone get something in return.
Orca makes some cash on shorting, MIIF get in on the cheap and soon all be back to normal if not better. Wishful thinking i know.
On the above thinking I have bought back, but admit its a risky tactics....
Still again I am surprise this corruption story has just surfaced now, when MIIF is thinking to buy in....
Time will tell finger crossed.

Finger crossed for tomorrow a rns should bring back sp where it was...

SharketMare great find.
From the link article they say some drilling is going on?
12 500 m reverse circulation (RC) drilling programme currently underway to grow the resource, including exploration drilling of two pegmatite targets within the Saltpond license.
-------
Drilling presumably in Saltpond license, or in Ewoyaa?
Worst case scenarios ALL may be stripped of Saltpond License?
But still go ahead with Ewoyaa...

Thank you for the refresh...and indeed fair assessment of market and current situation.
I hear the narrative of the Fed wanting singlehanded to control world inflation and economies...
Will see how is going to end, but it seems that US is loosing its battle, slowly but surely.
How much more can they increase rates, considering all the debit US got?
The thought are for the Fed to slowly phase out rate rise and let the supply/demand sort out inflation ..
Stagflation may last a while but hopefully some commodities of prime necessity will prevail, if not OPEC, which of recent has shown to don't care what US needs, may save the day for poo.

mining licenses in Ghana????
Last time I check All doesn't have any yet?
IMO this is Gahan fund wanting in cheap...

DirtyDozen13
Is this a joke?

Hi sorry can't remember why...
HBR sp back in 2022 went from a low of 300p in July to a max of 500p in Sept, same time when POO did the opposite from $110 to $80 ish...

..sorry a bit out of context here.
But I have been watching this for a while now....
Growth US stocks are supposed to be sold off during rate rise.
If anything today with Powel testimony, growth stock should be under pressure, yet AMD and NVIDIA, keep rocketing upwards. These particularly NVIDIA, are stocks where some members of US congress are invested in.
And the comedy goes on.....The stock market its all a massive manipulation, how can the sp of company with a PE above 100 and in current climate, keep going up is beyond believe...
So is the financial mafia working for the US Gov. and the US Gov. working for the financial mafia?
Wait I know the answer.

lol
believe me RamonM, I am not working for Italian Government although wouldn't main to get close to our PM Meloni...
Anyhow ENI is currently saving the **** for many European that want out from Russian gas...
One of the most professional outfit out there in O&G exploration space, no Gulf of Mexico disasters, no cowboy.
There you are my ...Italian government propaganda.
By the way very much a private company these days. (is not a bank)

Yes sure... there may be a rebound, like revenge spending post covid, but can never make it up for lost growth...
Is not that because I postponed buying that car during covid, now I am going to buy 2 cars in stead of one.
If I was a bit wise actually I would buy a cheaper one, just in case covid times comes back.
(not that I need to buy any car right now)
Anyhow 5% pretty good to me too, given current circumstances and the fact that China has been slowing down for years....
They may even surprise on the up side.

I mean today headlines....
Oil price under pressure buy China disappointing with 5% growth prediction for 2023.
What a load of ******xxx

Teddy-KGB2
you are probably right in your return prediction with All short term.
I don't have any alternative investment in the battery space, what I am just trying to say is that imo the long term investment case in Li developers, has changed.
I give you an example. ENI which is a much less risky investment case under many comparisons than ALL, well, ENI latest financial results produced a PE of little more than 3 (we are talking about a billion dollar multinational company that pays handsome dividends).
To put this in to perspective I question why one should be invested in All long terms, with all the attached risks for a similar valuation than ENI in 2 years time....
Of course if SC6% price in 2025 will be $5000 and above then the it all changes, but is so difficult to know where the price will be in 2 years time.....

Teddy-KGB2
sodium doesn't have range and has no history of use
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https://www.notebookcheck.net/First-electric-car-with-cheap-sodium-ion-battery-offers-157-miles-of-range-as-it-appears-out-of-a-VW-partnership.697298.0.html
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https://www.notebookcheck.net/First-electric-car-with-cheap-sodium-ion-battery-offers-157-miles-of-range-as-it-appears-out-of-a-VW-partnership.697298.0.html
======================
Many other news on the subject.
...and :
its taken us 30 years for lithium to be adopted as the main material.
Not a valid comparison imo.
30 years ago there was no urgency for climate change and decarbonization, hence nobody was looking around for new material for battery use...no incentives.
Theses days there are dozens of tech. for battery all competing with each other.
IMV things will change faster than we think ..all depending on price trends of course, but has I said high Li price is a negative for Li , hence yest All PFS may just turn out accurate with SC6% at $1340/t.

Mixed reaction from some big oilers after 2022 result, ENI went down BP up but all came out with a PE range of 3 to 4ish....
For HBR even a conservative £1bilion net profit, would be lower than PE of 3.....has to be a buy.

My guess is less than £1billion net profit. But is just a guess.

Anyone care to guess?
Maybe discussed already but been near results can't see much talking on the subject going on...
What is a reasonable PE for a NS producer given current oil price trend (which is kind of anyone guess)