Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think you make a good point Daisan.
Not for the first time, many of us were surprised by the announcement of issues that we didn't suspect existed or had thought were resolved. I'm thinking of industrial relations and the quality issues in the production process particularly.
Knowing as we do the excellence that Fortune and his team have brought to the development and execution of his strategic plans, I suspect they've been a bit blindsided by some, er, sub-optimal operational management at Vametco.
The good news, though, is in Fortune's response. The announcement yesterday of a transformation programme, following an externally-led review of the plant's performance, signals very clearly the intention to tackle the issues and the root cause of them with rigour, and not just patch things up by treating the symptoms. The term 'transformation' is consultant-speak for a wide ranging change programme the would usually encompass not only systems and processes, but also human factors and a culture of excellence. I'm up for a bit of that, and look forward to seeing the fruits of it.
I have no doubt that they are coming, although with regard to Vametco I'm probably a bit more realistic about timings than I was a week ago. But then there's Mokopane, Brits, BE, and divis...
42p paid. News tomorrow?
Thanks for confirning Ophidian!
mitch (who's up to his eyeballs)
Excellent Ophidian. So we're an 11 on the absolutely nailed on you must be bonkers not to be in it up to your eyeballs scale?
For the avoidance of doubt... ...Zwift is a cycling app.
Apols if this is not new news, but it was news to me. Electric cargo vessels are coming .
Pdub - you're gonna need an electric boat!
https://electrek.co/2017/12/04/all-electric-cargo-ship-battery-china/
https://electrek.co/2018/01/12/large-tesla-ships-all-electric-barges/
So sorry to hear your news Pdub, although I'll admit to a wry smile about your liver and bacon lunch, not least because your sense of humour will be a great asset in the face of the challenges ahead.
And you're wise to focus on being positive and avoiding negativity while you focus on the important stuff. We all look forward to your return here as soon as possible. Even knuttie, apparently. :-)
The answer Lyncj is, no, not really.
It's dropped a bit, but as you will know if you are invested here, NRR's strategy is to focus on value and convenience shopping, and actively avoid the sectors that are really tanking at the moment (namely dept stores, mid market fashion like M&S, and those with unmanageable exposure to internet shopping like HMV) The results so far, including the Q3 results a couple of weeks ago, show that this plan has protected them very well to date.
The pub side of the business, with a focus on wet sales and a very profitable sideline in property development (often adding convenience stores) is more than looking after itself.
Things will likely to get worse before they better IMO, but I'm happy to sit and watch for now., as long as the divi looks safe. And it's still rising.
https://www.hl.co.uk/news/articles/archive/why-are-there-no-aim-tracker-funds
There are no AIM trackers - so, No.
The most recent polls I saw - at the start of December - had the ANC on 61 or 54% and nearest challengers Democratic Alliance on 14 or 18%. And the election must be before 6th August, enough time for Ramaphosa to show more progress. Looking good imo.
SOTRR
I *think* Halifax share dealing uses the same platform as Lloyds (which is use). If so there is a button for 'Trade Plans' on the sell screen, that gives you an option to set the price and amount you want to buy, and how long (in days) you'll wait before killing your bid. You then wait for someone to sell, or the deal to lapse - fill or kill.
Actually Rob, we all do have the same plan - we just haven't told Sanchez and pb40.
Good point Daisan about the way the change in the way the Chinese shutdown affects the market. I wonder if the downward effect of this has on prices will provide opporunties for the VRFB industry to buy on lows, and so provide a seasonal demand stimulus that will over (a short time) remove the trough.I didn't do A level economics for nothing.
I remember noticing that Fortune equivocated a little when commenting on when dividend policy would emerge, saying "we will announce (it) to the market, hopefully before the end of the year". So I won't be totally surprised if we have to wait until next year.
He said that in the Proactive iIvestor interview on October 17th, near the end. He gives no hint about the cause of his uncertainty though. BBN's probably worked it all out, though ;-)
Webull has a problem too
Thanks, once again, for a clear and insightful post Ophidian. Judging from the number of recommendations it received, I conclude that most LTHs hold no doubts about your motives.
I am grateful to you for your contribution here, and for introducing us to Elliott, which I find fascinating.
And I note that wave 5 seems to have started with a degree of enthusiasm. :-)
See you around!
... Issued a fascinating communication yesterday. Would love to know what Alfa, Ophidian and others think. It starts like this... 10th, 2018 – VanadiumCorp Resource Inc. (TSX-V: “VRB”) (the “Company”) and Electrochem Technologies & Materials Inc. (“Electrochem”) have signed a Patent Option Agreement (“POA”) for Ultra Power Systems Pty Ltd (“Ultra”) to purchase an exclusive license. Ultra plans to utilize the Australian license of VanadiumCorp-Electrochem Processing Technology ("VEPT") to expedite construction of the world’s first dedicated vanadium processing facility. Ultra’s core objective is to directly integrate low cost battery grade vanadium electrolyte into vanadium redox batteries from virtually any source in a fraction of the time and capital requirements of current vanadium extraction processes. The VEPT dramatically reduces emissions associated with vanadium extraction as well as substantially offsetting the operating cost through the production of valuable by-products
There are a few trades going through on my feed - via Webull
I suggest another quick poll:
Who doubts that a member, who joined on 28/10/18, and says "relatively new to ATM and only really just started looking into it. I’ve been invested in BMN for ages ..." (see ATM chat), is credible?