Member Info for markjphennesseyg

Hi Droverman, It was only a bit of banter on my part. Think we may have worked in similar industries btw, albeit whilst I have worked a bit overseas not as many “interesting” situations as yourself.

Once worked on the construction of a chemical plant, whilst it was being built they decided to build a near identical one right next to it because they said the demand for the product would be so great, they also built an effluent treatment plant for the two of them as well. Not one of them ever got to proper production and were demolished within a few years of being built, crazy.

ATB

Seems like it’s not politicians who’ve killed the UK’s industrial heritage, it’s Droverman!

You could here them in factories up and down the country “Better start looking for a new job, have you seen who has turned up?”

“Oh no, not the time and motion man!”

“No worse than that it’s Droverman, the plant will be closed in weeks,mark my words”.

😀

Mining being I think Australia’s largest tax payer by sector, you would like to think it was in the government and countries best interest to try to ensure the sector was kept well oiled during the present situation.

Also been reading a few articles today about our friend Twiggy and how his green energy push in the Pilbara is if anything emboldened by the latest goings on. I also didn’t realise that Australian miners were paid massive tax rebates on their fossil fuel use.

https://www.fortescue.com/en/real-zero/diesel-fuel-rebate

https://www.afr.com/politics/federal/energy-security-surpasses-global-climate-concerns-warns-bhp-boss-20260324-p5tqv6

They’re a resourceful lot the ozzies, so long as the beer in the Galah bar can be kept cold they’ll find a work around everything else. No worries.

Could do with it sweeping round to below Sydney tonight before turning North and getting behind our SP and giving it a bit of a push.

Almonty Industries

Listed in North America, Australia and Europe.

https://almonty.com/company/

“Our in-house operational experience and expertise in the tungsten market is aimed at delivering fast and profitable turnarounds. We’re actively pursuing fresh acquisition opportunities to apply our tungsten talent to create new value for all stakeholders.”

Had my eye on these for some time. Not saying they would be involved in any deal, obviously I don’t know, but shows there are Tungsten specific companies out their looking for acquisitions.

And no I’m not invested in them 😃.

Apart from the fact Newcrest don’t own it anymore!

With the focus on the oil situation at the moment, just a bit of an article.may have already been posted.

https://farmonaut.com/mining/telfer-mine-wa-2026-sustainable-innovation-update

Power and Renewables: A multi-year roadmap to reach up to 40% renewable penetration (solar, battery, wind) will lower operational costs and emissions.

I bought on Wednesday

I bought on Thursday

I bought on Friday

No buy Saturday

No buy Sunday

No buy Monday.No more money

I don’t think Greatland “need” to acquire Antipa.

I think Greatland already “owns” Antipa.

WRT POG…at time of writing post.

Best wishes Redirons.Keep on keeping on.

The good thing is, in the interim years between the last ATH and now, I think a lot of LTH’s have been lucky enough to accumulate more at very good prices. All’s well that ends well.

You could possibly say Wyloo are a third party scrutineer. They have basically bank rolled the development of the company from a far riskier position than it is at now and have took a significant risk themselves in doing so.

Another thing I like about ii is that there are no drawdown fees on their SIPP, at the moment anyway.

Don’t worry about tax on GGP gains in a outside of a SIPP or ISA.Loads of people keep telling us our gains are down to pure luck and are more akin to a gambling win than an astute investment….so I’m sure HMRC will agree and treat them as such. 😀

If the SP keeps going up most of us will be celebrating so much we’ll be blind drunk.

I do recall at one point he was based on site at Telfer, don’t know if that is still the case. Don’t know if many other COO’s of multi billion dollar companies would commit to that level of remote working and sacrifice for too long. He’s set it all up and got it running, one can only guess at these things but maybe that was always the plan.

Brilliant day today, opened the curtains the sun was shining could see there was still plenty of snow up on the fells,had breakfast did chores then me and Maximus (named after Havieron) the border collie headed off to climb a mountain. Got to the top of Selside Pike, watched a pair of fighter jets flying low level through the Mardale valley a few times, played snowballs with Max. Checked my phone to see if I could get a signal up on the summit, checked the SP, bought some at 635p came home and had my dinner and the sun was still shining to enjoy the afternoon.

Hey,how lucky can one man get.

Oh, and in the afternoon also bought more at 627

Hey, how lucky can One….Man….Get

I struggle buying into the idea that it must be a given that due to the Chinese markets being closed for a week means that metal prices wil predictably drop. If that was the case then surely everyone would sell off the week before and buy back on the Western markets the week the Chinese market was shut. Which in theory would then suggest an opposite scenario whereby prices would instead already have taken the hit and recover this week instead. But I suppose when does logic ever come into it,eh.

Surely it can’t be as easy as being able to predict metal prices based on when the Chinese markets are closed, otherwise making money would be like falling off a log.

GLA