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A quick in and out profit. Okay, it's only a 1000 quid, but it's better than nothing.
If it's giving you heartburn, then the clue is in the treatment to that comdition.
I definitely remember Greatland Gold at 1/10th of a pence for a share back in 2015 or so. If you've got a couple of thousand quid you can afford to lose, then this is worth a punt, I suppose, looking at the projects they've got. However, keep your expectations in check. It's always nice to get a surprise on AIM, not that they happen all that often in the mining space.
They're estimating a better revenue stream for 2022, but the return on capital employed hasn't been good over the years, has it. I was looking to put a few pennies in, but will give it a miss. These little ESG companies still have a long, long way to go.
They've certainly sucked the life out of this share today. As we saw with Johnson Mathey the other day.
If you think hydrogen is the future, then you're living in cloud-cuckoo-land. The Chinese are going to dominate the battery and EV car market spaces in the coming years, and their EVs are coming to the UK, EU and USA and start to take over these markets like the japanese cars and motorcycles did in the west in the 20th century by virtue of price and decent quality. JMAT just haven't made enough progress and alliances in the battery sector. Dissapointing, but expected. Still, it's not the end of the world.
KC had no choice but to do what he did. That was the only option available to him, because he wasn't in a country friendly to mining that's in the English speaking world.
EMH is definitely a prospect worth investing in, sure, but if this was China they'd be on the verge of lithium extraction by now. No wonder Europe is going to decline moving into the 2030s against Asia. The Europeans concerned move as fast as a sloth.
The Czech Republic is not some inept third world country. Yes, politicians are a general pain in the proverbials, but I can't imagine Babis wanting to interfere with the economic prospects of the country. Each year up to 2020, GDP has risen, and government debt has actually fallen (about 30% of GDP), thanks mainly for having Germany as their main import/export partner, as well as receiving European structural and investment funds.
Skoda's parent company is Volkswagen, so what are you on about here? If Germany has cold feet about their close neighbour, the Czech Republic, then they wouldn't be the biggest foreign investor there by a country mile.
It's ultimately down to energy dynamics. If you want a low carbon future, then the green push to renewables and hydrogen cannot support the world's current population -- only about 1/10th of it, if you're lucky. Then you'd better hope the climate doesn't cool.
They made a profit in these upside-down times of supply chain breakdowns and general psychological madness.