George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
There aren't that many shares to go around. The market makers have got to make a market. We're on the verge of a big commodity boom in the years ahead. Unless you want to make a few bob trading, then you really want to be hanging onto these shares and accumulating more.
The trouble is 'green' hydrogen has about a third of the energy content of natural gas, also requiring a lot of modifications all along the gas delivery infrastructure. Why would you increase costs by 2/3rds and the rest, unless the consumer/business pays for it so they can wear their green badges? Sure, costs may decrease with new developments, but the move to hydrogen seems a bit daft. Gas is already the cleanest fossil fuel.
This is going up in anticipation of the "future." By 2025, it will reach probably 20 quid a share, and that's being conservative. Between then and now, expect ups and downs. Back in 2015, if you had bought £10,000's worth of Greatland Gold for one tenth of a pence a share, it would be worth over three and a half million quid now.
A democratic President would raise capital gains tax. If Trump loses, then there will be a big sell-off this year on the S&P and Dow as punters take profits. The FTSE will follow the US's lead. You clearly don't understand what's at stake.
I understand BP's conversion and seeing the light now. They want to be an energy company first and foremost, embracing the 'new trends' and new capital lurking around the corner. And everything comes down to the cost of capital in the end. And with a new green accounting system, the world could be their oyster again.
BS. Keep wringing your hands till you draw blood. People who think that societies can magically go green overnight such as academics like Klaus Schwab of the World Economic forum infamy promise are clueless, just as Marx was . They just don't understand human nature, or the economy and how it works.
The earth and its atmosphere is far more resilient than you think. As are people. Humans have only been here for a blink of an eye in terms of the earth's existence And human activity is puny compared to the effects of Milky Way, the Sun, etc. The psycho-paths behind this Great Reset aren't doing things because they care for humanity or the earth. This is about control and restricting freedoms. They actually hate people.
The bottom isn't far off. Hydrogen is a non-starter, due to the energy returned on energy invested. EVs are the future trend, but it's just not primetime yet. Hydrocarbons will be with us for this decade anyway, plus they're used in just about everything that you can think of. As for certain commodities, prices will pick up again. The time-frame is uncertain, but I would say over the next few years, tying in with widespread shortages due to all these dumbo climate-change inspired lockdowns and general supply chain carnage.
The same exuberance that pushed it to 27p has dissolved into fear and profit taking and taken away those gains. Shares rise and fall more on anticipation than on fundamentals. However, this recent drop is not a surprise. Seen it so many times once a high hits on the AIM casino. Still a good share to have in your portfolio though. Unless you've taken advantage of the drop, you just have to learn to live with days like this if you're a noobie or a seasoned investor. Human nature is what it is.
If the oil industry wants to change the trend, it needs to leverage its power and understand there are elements using this virus and global lockdowns to bring them down. Currently, without the oilcos, there's nothing: No supply chains, no food, and especially no big US tech cartels, stifling competition.
As long as confidence in governments continues to dissipate in the west, gold will continue its ascent. Yes, there will be ups and downs, but my guess is that by 2024/25, physical gold prices will be £4000+, a commodities boom also buoying up the price.
You've been generally on-the-money of late, djryan777. As the old cliche goes, the truth hurts. It's not what investors want to hear, but there's no getting away from certain realities. Things can only get better from here, surely? Leigh Creek can be the saviour, with a commodities boom expected over the next few years. Getting it up and running profitably will be the main hurdle.
People took advantage of the early 2018 highs of £1.40something and the lows that followed, I hope. Like everything, it's about timing. On AIM, as we all know, you must always take your profits during highs (and sometimes sit on losses till they hopefully recover -- Rainbow Rare in my case at 8p a share). This share will take off. When, well, we may be waiting some more months yet...let's hope that in 5 years time, when it's 20 quid or more share, we'd wish we had bought more back in the mid 2020s.
SLA has been building up a position in Boohoo since they listed on AIM. They talk about divestment, having high standards and protecting clients capital and the usual PR pseudo-woke baloney, but the plain fact is they have over half a trillion in assets on their books, have done well out of Boohoo and are moving on, as opposed to Jupiter Asset Management and others.
I know of a few US pension funds that went all-out ethical and green after 2009 and missed out on some massive stock gains. You've ultimately got to think with your head, and not your heart. Wringing your hands won't make you money 99 times out of 100, even in this current climate. Boohoo has just got to ride out this media-created shorter play and play the cards they've got effectively. Time and the distractions that brings is on their side.