Member Info for mick-b

Although speculative short positions will remain in evidence for the foreseeable future, the market fundamentals for the metal over the long haul remain highly favourable. At Antofagasta’s (ANTO) recent annual meeting, its chairman, Jean-Paul Luksic, reiterated the view that “copper has a vital role to play in helping countries, cities and companies to decarbonise”, although he went on to point out that “the effect of grade decline and depletions will lead to a growing supply gap”.

That’s the long-term price dynamic in a nutshell. It also suggests that copper miners will be on the hook for increased capital allocations if persistent supply deficits are to be avoided. Rystad Energy projects that demand for the metal will increase by 16 per cent through to the end of the decade, meaning that global demand will outstrip supply by more than 6mn tonnes by 2030. Last year, global production came in at around 21mn tonnes. Leaving aside the vagaries of operational issues and intensifying capital demand, the pricing outlook for Antofagasta and industry peers is set fair despite current weakness.

extracted from a long IC copper article

". During the past century, nearly 70 percent of ponds have been lost from the UK countryside, meaning garden ponds and water features play an increasingly important role for wildlife."

" the main Crimea bridge"
has only just been built.

Will cost trillions and take decades to achieve.
Impossible task?
Well, Germany did it by transforming East Germany into a modern industrial powerhouse, by increasing taxes for decades

"Enough bricks to build 330,000 homes per year"
CRIMINAL failures to update their emissions to comply with todays standards.
DRAX our largest coal station supplying 8% of electricity was modified to burn on wood chips, proving it can be done
No wonder the North is an industrial wasteland

" Stewartby was the largest brickworks in terms of output in the world. The site closed in 2008 as the owners, Hanson, could not meet UK limits for sulphur dioxide emissions."

We now import shedloads of bricks

https://www.msn.com/en-gb/money/other/martin-lewis-left-feeling-sick-at-horrendous-c2-a33000-new-energy-price-predictions/ar-AAZnQpQ?fromMaestro=true

https://www.youtube.com/c/SpittingImage/videos

BRILL !!

Blimey ......glad I'm on oil central heating with an 80% full 600 gallon tank having bought cheap last Sept. Enough to last 2 more winters....3 if mild and am mean and careful.

Oh! dear...Ben Wallace will not contest for PM

The UK is due to pay €10.9 billion to the European Union this year as part of the Brexit financial settlement, according to figures published today.

That will mean an estimated outstanding bill of €30.9 billion on 1 January 2023.

Under the Withdrawal Agreement the UK was handed a departure bill of €49.2 billion, which was reduced to €47.5 billion because of London's share of fines paid into the EU’s coffers worth €1.8 billion, as well as other adjustments.
https://www.rte.ie/news/world/2022/0701/1307981-brexit-bill/?utm_source=Sailthru&utm_medium=email&utm_campaign=IND_Brexit%202022-07-07&utm_term=IND_Brexit_Beyond_Newsletter

or Martin Lewis

Liz Truss CV........
https://twitter.com/Michaelwhitin64/status/1472742893320294401/photo/1

Hilarious....

WISE WORDS Mannnan

Liz Truss positioning herself as “the female Boris Johnson” in the Tory leadership race and to be fair she’s got the incompetence to do it.

Liz Truss positioning herself as “the female Boris Johnson” in the Tory leadership race and to be fair she’s got the incompetence to do it

FTSE100 DOWN 0.45%
view live >>>>>>>>>
https://www.ig.com/uk/indices/markets-indices/ftse-100#information-banner-dismiss

https://www.teletrader.com/europe-mixed-premarket-after-uk-pm-resigns/news/details/58194054?internal=1

Turkey stopped a Russian ship carryig stolen Ukrainian grain a few days ago

Brain dead RAAB has ruled himself out of the election nominations
THANK GOD !!!!

Wallace was a Scottish MP.
Voting......he may have had to follow the party line in some cases