The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hasiba
What on earth can there be to actually enjoy in Dubai other than the desert beyond the city ?
What is it about humans that make them so mindlessly aggressive ? I am NOT a de-ramper by the way !!! Far from it.
I simply ask a question as I find it odd the CEO of Helium One in 2017 is very confident there was loads of Helium in Rukwa. Therefore the next step is drilling to prove the relevant data etc. Allowing a year to do that sounds enough. Covid didn't appear until early 2020. Anyway Covid just made everyone hysterical but didn't actually stop things from still happening.
So 2018 (roughly) Helium One should have reached the stage we are right now and it wouldn't take from 2018 to 2020 to organise JV/finance/commencement of build of production plant.So it just looks like a typical example of how bad & lackadaisical British Company management is !!
This article (written in 2017) quotes Helium One saying it expects to be supplying the market with Helium in 2020. Have you, or anyone else any explanation of why that didn't happen ?
Martini dear,
As all your posts are pure drivel you are just not worth talking to.
You are so right ! Google is a rubbish business full of rubbish 'software' and totally contemptuous of it's customers - they disgust me.
Martini ?
I just love it when people think I'm a youngster. Inside my head I also think I'm about in my early twenties too. Unfortunately I'm in my late seventies. And by virtue of more than half a century of intensely demanding high end management & dealing with people running the largest organisations & daily stuffing endless new information into my brain I've ended up with more 'software' (wide ranging general knowledge) than most people.
All this makes your comment immensely more dumb that you have the capacity to realise.
Yup, Thats you Martin thing
You are obviously a first class prune with a very, very small number of brain cells.
You are obviously a first class prune with a very, very small number of brain cells.
The paragraph went missing. Don't you just love software !
The many complicated things of actual real life new share issues make it difficult for people to see how it really works. A lot of mental gymnnastics are required to understand it.
I didn't forget as it is too complicated to go on about; so it is encapsulated in this paragraph & the fact I state my example is very simple.
I don't understand why everyone gets aggravated when extra shares are issued to raise funding cash for a business as it is cheaper & more efficient than borowing cash from banks or via loan notes.
The very simple example below seems to illustrate this.
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If a company's 100 shareholders each own one share worth £1 that makes the company worth £100.
If the company borrows £100 extra cash it now has a capital value of £200 or £2 per share plus a liability to also pay the extra cost of borrowing which is the interest on the loan until it is repaid in full.
Let's call that £100 of interest to be paid. The £100 loan interest of £100 can be repaid instantly by using the money shareholders put into the company to each own £1 shares.
Until the company has repaid the loan of £100 in full plus the interest of £100 which is a total of £200 all the money the shareholders put into the company has been used and there is now no money and no debt but the shares are worth nothing at this point in time.
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BUT if the company instead issues more shares to 200 new shareholders costing £0.50p each the company will now have a total £100 of extra capital paid for by 300 shareholders , but no borowings to re-pay and no interest to pay; instead there is now the same amount of capital to fund the business as there would be if the business instead borrowed the £100 cash from a bank.
This values the original 100 shares at less which annoys the 100 original shareholders who have lost some of the original value of their £1 shares.
The many complicated things of actual real life new share issues make it difficult for people to see how it really works. A lot of mental gymnnastics are required to understand it.
And in a simple example fund raising by issuing new shares simply enables a business to survive in order to then earn a good return of profit to the shareholders. Without the fund raising new shares there would be no business at all and no profit either. So it doesn't matter how much the value of the existing shareholders are diluted providing the business goes on to make sufficient profit to make good the loss eventually. Fifty percent of something is worth a lot more than 100% per cent of nothing !
ACKER
Of course people have a responsibility to evaluate posts as to whether they are 'credible' or not.
The problem is I am astonished at the imbecile nature of so many posts by mentally inadequate dimwits with an apparent mental age under about 11 years old.
Nobody wants to waste time reading the garbage they produce or bother to 'evaluate' it.
ACKER SAID:
"It is not a BB for the mining elite,not everone is knowlegeable about the mining process.
Each poster may evaluate a situation in a different way and in my book has the right to put view on BB. Some views may annoy posters however they still retain the right to post".
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But normal, civilised people think differently and along the lines of Nobody has the right to deliberately lie and talk utter nonsense in an effort to manipulate & mislead other people and waste vast amounts of their time. Such behaviour is nasty & abusive and people behaving like that are ignorant fools.
Nope. I'm going to get you cancelled ! ....LOL
Naah ! Using the word 'Woke' to sort of whitewash & validate the low life pig ignorance of so called 'woke' behaviour in an effort to give it 'credibility' is just a deceit. It is just dim witted lack of decency, education & a demonstration of breathtaking ignorance.
so in the breathtaking ignorance demonstrated by people wishing to 'cancel' other people for them daring to have their own opinions or in this case to use descriptive adjectives like backward , ******ed - thats b...ac..k.ward & r.e..t a.r.de..d.ed i suppose every adjective in the english language has to be banned. like stupid, murderous, nasty, thugs, whatever.
how utterly pathetic & stupid people like that are.
there, tha's my opinion and now doubt for that reason it will be removed; perhaps because nitwits, jerk and other types of inadequate people complain about it.
It costs several hundreds of pounds & is a pain in the a..r.s..e.
And if I was the PREM CEO i would wait until the plant has produced the November delivery amount of minimum tonnage of 1000 tons before releasing what is a 'Triumphant' RNS which will also be able to say the plant continues to produce according to plan & PREM will soon be awash with cash so that mining capacity can be vastly increased with more mining plants. Oh.....and Lis3 developed asap !
At the moment I'm willing to bet the produced tonnage is quietly piling up already & there is probably about three hundred tons or so already as the start will not be a full speed - just to be careful about everything being OK. before going at full throttle !
Both the PREM CEO & the Stark CEO clearly stated in their respective separate interviews that the plant was 'now running and meeting specifications'. There were clear staements from both of those people that they had every expectations the plant will be delivering adequate tonnage of spodumene of the desired and planned specification - SP6 !!!
What more do you want ? Blood ?
I can't help noticing that when I used capital letters correctly the very ignorant software used on this forum changed things to lower case which makes it annoyingly incorrect. And also when I used certain ordinary words the very, very ignorant software writers who produced this rubbish software have banned these ordinary words used in a totally normal context they were designed for in the first place. Nothing abusive mind. In this case me describing Russia as R.e..t...ar..d..e.d.
aimisaluagh
"sp still drifting downwards even after both parties saying it’s ok. the market is not confident 8days to go and no proof of sc6 and no leaks to suggest it’s being produced'
except the ceo running the business says in an interview last weekend that everything is working fine and there are no problems and the mine is meeting expectations and specifications and is already will be delivering. and the sub-contractor ceo who built the mine - stark - said exactly the same in another interview a short while before the prem ceo interview over last weekend.
so it is almost certainly the case that the imminent threat of world war is spooking the financial markets and the prem share price would normally be rising fast right now if it wasn't for this threat to world wide stability by primitive barbarians in the middle east and in backward, ******ed russia run by a gang of criminal thieves & murderous thugs.