The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"You still can't polish a turd can you?"
It will not stop a few trying... and the dumpster divers will be sniffing around to see if getting covered in bin juice is worth trying a trade. Just got to be careful that the bin has not been used by dog walkers to dispose of their dog 5h!t.
The UK needs an old opinionated bloke like Carville; he tells it as it is:
https://www.youtube.com/watch?v=u6866RmVwFY
I read that China may veto BHP's bid, and that they have vetoed other large mining tie-ups in the past. Also, a buy out of Anglo by a Chinese mining company would have less regulatory problems as most miners are not Chinese controlled and would have little opposition from the ZA GOV who are Anglo's largest shareholder and who can make things difficult for any assets in ZA.
Bloomberg article: "BHP Mega Bid and $10,000 Copper Expose Mining’s Biggest Problem"
https://www.bloomberg.com/news/articles/2024-04-28/bhp-mega-bid-and-10-000-copper-expose-mining-s-biggest-problem
This stood out: "One key challenge is that new mines take years and often decades to build, and so decisions need to be calculated based on whether copper prices far in the future will justify the investment."
Any large low cost deposits that can be exploited before the end of the decade must be starting to attract more interest if they are in an area with existing infrastructure that has spare capacity.
Bloomberg article: "BHP Mega Bid and $10,000 Copper Expose Mining’s Biggest Problem"
https://www.bloomberg.com/news/articles/2024-04-28/bhp-mega-bid-and-10-000-copper-expose-mining-s-biggest-problem
This stood out: "One key challenge is that new mines take years and often decades to build, and so decisions need to be calculated based on whether copper prices far in the future will justify the investment."
This is where EST are well positioned; the infrastructure they will require already exists, and the deposits they are targetting should be low cost and quickly exploitable. They could be producing by the end of the decade, which is a remarkably short time period for any exploration company.
Some deaths in car crashes are attributed to seat belts and airbags... We must go back to driving around in Model Ts; none of this newfangled malarkey of seatbelts or airbags... And don't get me started on so-called 'safety' glass!
CEO only has £11k in shares; she earns that in less than a month.
Do you see the problem for anyone tempted longer term? Even makes trying a trade a bit dicey as they will be keeping on raising cash as fas as I can see.
FT article for evi
https://www.ft.com/content/1bed7cee-14d4-464b-a71c-5cafe4a978fe
===or===
https://archive.ph/YhWOf
Top Tory MP defects to Labour in fury at NHS crisis
https://www.theguardian.com/politics/2024/apr/27/top-tory-mp-defects-to-labour-in-fury-at-nhs-crisis
$unak is said to be seriously considering calling a GE next week... got to get the paperwork in before the local election results?
'CATL's 1,000-km LFP EV battery super-charges at 1 km/sec'
https://newatlas.com/automotive/catl-shenxing-plus-1000-km-lfp-battery/
Stop on the motorway, use the loos and buy a snack... 10 minutes later you have enough charge for over 300 miles. The biggest problem is going to be storing electricity at motorway service station so that supply and demand can be matched. There may be a role for redox flow batteries?
Every public company must hold a general meeting as its annual general meeting in each period of 6 months beginning with the day following its accounting reference date (in addition to any other meetings held during that period).
https://www.legislation.gov.uk/ukpga/2006/46/part/13/chapter/4/2009-11-06?view=plain
'Investigations and prosecution of alleged offences under the Companies Act may be conducted by the police and the CPS, the Department for Business, Enterprise and Regulatory Reform, the SFO or the Serious Organised Crime Agency, depending on the seriousness of the alleged offence and the manner in which the relevant behaviour came to the attention of the authorities.'
https://www.bindmans.com/legal-services/individual/fraud-and-white-collar-crime/companies-act-offences
Just a fine... many would prefer jail time. But you could report the offence to the Old Bill if you are annoyed enough with the lack of action by The Dear Leader (praise be his name).
Agenda Free covering the Nebraska tornados
https://www.youtube.com/watch?v=l2MJImqgvek
Must be a mother xxxxing storm for Steve to cover it.