Member Info for mole_man99

Maybe Demir are going slow because an astonishing 30% of Ireland and similar percent of N.Ireland have prospecting licences on the land. They ain't going to allow all those mines. If Demir are not getting eye watering grades, it just won't be worth the fight to be one of the few permitted to extract. Supply and Demand.

https://igi.ie/assets/uploads/2021/03/Mineral-Exploration-In-Ireland.pdf

It's a different world out there Dan. 100,000 salary plus a family will leave most with little to spare. If your partner works too, you may have lots more, but then you have two 20k allocations you can fill. Not many working couples have £40k after tax with nothing to do with but save.

Can't see a British ISA being much interest. I reckon it's a ruse to clear out Natwest. Put money in a British ISA and you can buy discounted shares of Natwest.

So the gov announces a new british isa, so the 0.1% of people who can max their ISA allowance every year can put an extra 5000 in to British companies. We're all saved!

Wonder what a British company is? A kazak miner listed in London?

World markets are also looking at Powell speaking on Weds. The money is now on a hawkish tone. No interest rate drops any time soon when many were hoping they would start this month.

Think Div focused stocks need to settle into a world of interest rates at these levels for some time.

I agree with this. VOD still too much of a headache for an all cash takeover at premium to todays price. Interested parties will continue to pick bits off at less than the assets recorded on the books. Why pay a premium?

Indeed the cells are large and unable to support many connections, yet. It's interesting though, as just last year you would of said it can never be done, download at 17mb/s direct from a sat to an unmodified phone. Innovation rolls on like a steamroller over companies not investing to keep up.

Sell assets below book to get cash to keep paying investors. Excellent long term strategy. Why waste it on r&D.

Meanwhile, SpaceX just achieved peak download speed of 17Mb/s from satellite direct to unmodified Samsung Android phone.

600,000 spent on operations in 6 months (doing what exactly, demir do it), 262,000 cash left. Dillutive cash raise within a few months.

Maybe they do move to phase 2, but that will just increase the burn and the dillution rate over time will make any future value irrelevant to current investors. The market has woken up to this and figured it's not worth it.

They overplayed their hand turning down Illiad, got into talks over a combination which still left them with the headache of a JV and are now having to consider a sale below asset value to get cash. This is the hidden pressure of too much debt and an insane commitment to keep paying a div they can't afford.

67p, very good?

Suppose it’s a question of timing, but surely anyone who bought here for a nice safe return must be asking questions of their board. Not to mention the losses of not being invested in the broader US market instead.

Egg on face from goading goes both ways.

There is an old interview with Jim Kramer explaining his hedge fund days where openly admits if you wanted out of a position you just create some rumour or other falsehood to pump the price. Friday is a good day to do it.

Thanks for the offer. I’ll hang around so the alternative view is aired and new investors can make a decision.

Manage your risk appropriately. It’s not a no brainier multi bagger.

And many other stocks, but all in USA sadly. A new world is taking shape and the next batch of winners are bubbling up, and they are listed in US.

VOD returns even with a div will just disappoint for years ahead, unless their is a marked change in strategy.

Stock stamp duty raised about £3.5bn last year, or 0.3% of what we all spend, which I find a bit frightening.

Because you want the NHS. Got to be paid for somehow.

Gutter missed the fact USA is shut today. FTSE always drifts about when USA not in play. You should wait for Tuesday before deciding if he’s a swivelling one eyed lunatic.

I think you have decided already though. I am firmly in that sin bin, having suggested 80p was on the cards when it was 140p. I was lucky of course.

The deal was done there and the discovery got away to Lundin. The mine itself had a short life and was purely underground so easier to permit. I don’t think Lundin did very well from it going by the stock price.

They were the salad days back then for small mine explorer. Pre 2008. I would regularly have a finger In 5 or 6. 3 would fail, one would hold it’s value and 2 would get gobbled up for many bags.

Things are very different today. No rediculous buyout offer will come from some Asian country assuming the metal price will go up 10 fold.

Demir will do the calculations and figure it not worth the fight to get open pit mining permissions for the grades they are finding.

That my guess.

VOD can't be taken over by an all cash offer. It's too much of a mess. Nope, E& are on the board now and will continue to reverse their way in. The average joe shareholder probably won't benefit.

'Profits' are being used incorrectly by paying out a div. There are €114bn accumulated losses on the balance sheet as the profit was never really there to payout.

Cutting or abolishing div would suggest better financial management moving forwards.

IBKR have the best FX rate, and they do an ISA. If you want to follow Porsche advice.