Member Info for m_wall

I’m no expert in this, but Is it something to do with being a constant (gas) as opposed to being intermittent (renewable)?

Well they probably had good reason to be when the SP was 15 quid in 2021.

Baker Steel are a trust who like natural resources companies, and quite a few are unlisted companies. You can buy their shares at a discount in relation to their NAV, for just under 70p. That's a new high for them. Their biggest holding by dar is an unlisted cement producer in Morocco, would you believe. Their holding in TUN is small by comparison.

Yeah, Mudd doing his “tiger dance.”

We are heading for war. China knows that it will be next after Russia, hence why it will officially side with Russia. The problem the west has is that it has limited access to core and strategic minerals 'at home' and when it does, the mines are underdeveloped. I think things will turn up here again starting next month and into the Autumn

Lol, yeah, I admit to a quick 1000-odd quid profit in an ISA. I remember when this company reached a penny and the world was investors' oysters'. Mind you, they never had 70 billion shares in issue back then. As everyone knows, you are guaranteed a rollercoaster when it comes to this share. George and the MM's don't disappoint.

*typo (Best of the bunch)

Sorry to butt in here, but Ive been in the AIm game for a relatively long time and TUN is the next if the bunch in the south-west. The main driver for the speedy development of this mine will be WW3, which is a terrible thing to say, but a growing reality in the next few years. Once the Middle East begins to blow up again in the next month or two, then we shall see some movement in the SP here. Of course, other factors that have already been mentioned will be beneficial as well. I recall being in Sirius Minerals (polyhalite mine in the north) during the last decade, and Anglo American ended up taking them over for a relatively lowball offer. That could happen here (but I doubt it will be Anglo).

A decent summation, although part of me is tempted at these prices.

What, on 6 trades today so far? CUSN will rise on the coat-tails of TUN.

There will be plenty of ups and downs here - I was in EMH and Solgold during the last decade when the rises were phenomenal, so you’ve got to set a mental target price in your head and know when to sell. Whatever is best for you.Look at Solgold now — only a handful of pence. TUN has great potential because of the war cycle the world is in. That’s not hype. That’s the reality of the world we are living in today.

The market makers make a market. The SP has risen on anticipation with new and existing buyers. The big holders have been selling off. Same as it ever was.

The prospect of war — which is coming sooner than you think — is going to push the SP up way beyond a Pound. They are going to have to fast-track this mine into production

We are effectively in a pre-war cycle, so it is going to take a little while for BP to reach new highs again, as the price of crude rises, but it will. The only thing that will stop that is if they close the lse.

I think it's pretty obvious that 2025 will see BP heading towards its highs again. What has happened in the Middle East has been epic and will significantly alter the region in the 21st century. The markets haven't woken up to this fact yet.

If you want multiples of 10,000 shares at the moment, negotiated orders seem to be the order of the day currently.

I would suggest they're buying them on platforms like Freetrade, etc.

Someone who sold 250,000 before the outbreak upwards will be kicking themselves. Such is life.

I've been in and out of Rio for years. Rio's brought its debts down to around £10 billion, but with all that's been going on of late, plus recession, sovereign debt issues and the potential for rising rates into 2026, I've got a feeling a big miner is going to go belly up during this decade. GLEN's debts are pushing 40 billion...

If the 10 year Gilt yields go down, then interest rates will follow. However, I can't see that happening in the medium to long term. They're at 4.63% currently. You are probably looking at 8% by 2027, just to attempt to shore up the currency, as well as inflationary pressures.