Member Info for Nigel50

That is a very positive overview. If the tungsten price fell to 1/10th of what it is now, the mine would still be profitable.

To be so early to production compared to many comparable Tungsten companies surely gives a huge advantage contract wise ?

Worth 6 mins 42 secs for sure

Why hasn't that happened already ?

Keir just needs an alternative role which suits him better. Something lawyer like. Get someone in there with a transformation vision, not Tory lite or maybe not even lite with some of their policies. Liz Kendall, just .... off

Https://www.fastmarkets.com/insights/how-the-us-is-bankrolling-a-worldwide-tungsten-network/

"Similarly, under SCRI, UK-based Tungsten West has received a non binding EXIM letter of interest of up to $95 million, with a repayment tenor of up to 15 years, for restarting the Hemerdon tungsten and tin mine in Devon.

The EXIM also noted that the Hemerdon project could align with its China and Transformational Exports Program, which is designed to counter export support from China and other countries and strengthen US competitiveness.

Based on this framework, the project could be eligible for EXIM financing linked to long term offtake sales to US buyers. Jeff Court, CEO of Tungsten West said in a statement that Hemerdon could supply about 20% of global primary tungsten output outside China once operational."

Or to look on the bright side, it's to be used for reactor linings ?

Https://news.sky.com/story/ed-miliband-tells-mps-how-he-hopes-to-cut-household-energy-bills-amid-calls-for-more-north-sea-drilling-13523989

Will this hurt the renewable electricity generators ? I thought the price might fall today on the back of it but what do I know

Is it possible because the price of tin (the metal) has fallen quite sharply of late ?

The table of prices I saw from last week showed tungsten continuing it's weekly increases and Tin by far the biggest recent faller

Just to say that not all brokers will participate in items like this. Most free platforms will not, those platforms with platform fees and dealing fees are much more likely to do so.

Given how long it takes to get mines up and running, if this does reopen this year and with the price of tungsten, TW does seem extremely well placed.

That article had presumably not come across GMET in Nevada who owns multiple disused Tungsten mines and have a whole pile of tailings to process. The mines were made uneconomic due to China massively lowering the price. So much so that it wasn't worth processing what had been dug out. The mines were not closed due to any geological or flooding issues.

I would have thought the near term demand would come from the UK and EU. If you can't trust the US any more, why would the government allow supply to them or any take over ?

It seems that there was a thought about the US, it won't be as bad as people feared, it's only short term, they will come round.....then there was the speech from Carney.

The UK needs to decide is it better off being aligned with Canada and the EU or maintaining it's rather hopeful view of the US. Even if the decline of Trump accelerates, those following him look to have an even harsher view of former allies.

Carney has muted a trading bloc of Canada, the UK, the EU, Japan, Australia/NZ. Perhaps no bad thing as the US descends into more and more of an authoritarian state, especially if the mid terms get cancelled. If elections get cancelled once, why not twice.......

This might help

https://www.gov.uk/government/news/new-uk-us-partnership-to-drive-investment-and-bolster-critical-minerals-supply-chains#:~:text=The%20UK%20and%20US%20have,critical%20minerals%20in%20Washington%20DC.&text=New%20UK%2DUS%20partnership%20will,driving%20investment%20into%20UK%20projects

You can also get stupidly small deals if for some reason T212 only partially fills an order. I have just found one for 8p for GMET.

Given the recent price for Pensana, the minimum £1 deal (apart from above) should always show one share. Obviously not the case any longer

You would sed quite regularly 0 shares if the share price was sat £10 and someone on T212 has a pie trade or standalone trade for £5.

I have tested that myself and looked on LSE where it showed zero shares when T212 will show 0.5 of a share bought.

Doesn't half make like easier if you are buying some US shares. T212 might be dreadful for AIM shares but fractional shares and the PIE concept, seems to be great ideas. A Pie allows you to become your own fund manager with one payment and buy up to 100 shares commission free, all be it prices are not the best

Trading 212 allows people to buy from as little as a £1 and buy fractional shares.

They deal around 5 times a day but only if there is a matched buyer and a seller. They deal in a batch at the same time with individual trades showing.

Free serve allows trades from 10p but not fractional shares.

So before everyone going full on conspiracy, perhaps have a look at trading 212 and the free platforms first ?

If the company did not issue shares, would the share price rise bearing in mind the comments which seem to confirm demand ?

The yield is going to be significantly above base rates as rates are now and presumably the share would still be very attractive with a higher share price if interest rates fell further with yields at 9%,8.5%,8%,7.5% etc

Blame the councils, easy to do if you don't think it through.

What about the ambulance chasers and the no win no fee brigade.

You might think it's wrong to have insurance but if you as a organiser get pursued through the courts, you will be very pleased that you did.

It will be on the Bres feeds as well it seems

It might need that first domino to fall and hopefully leakbot becomes business as usual.

Who is the most likely UK insurer ? Perhaps one that covers the most expensive properties and therefore biggest savings ?

Do you mean the pension triple lock or really hurting the vulnerable?

In four of the last five years, excluding the covid boom, the SP has dipped below 220p Oct/Nov time.

Unless you need to sell, if you buy in at those prices, you sit in the green most years apart from when Trump goes nuts.

I hold some but I hope history repeats. What do I know though. When is an out and out dividend share at its least attractive?

Why is welfare being targeted ? It's like a right wing ideology from a labour party so similar at the top to the Tories and nothing like the change that was promised. Where is the big plan, can't even nationalise worthless water companies.

Almost none of the money given in welfare is saved but is spent.