focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Interesting Bloomberg newsletter today: "Money Distilled: Japan's gold rush"
https://www.bloomberg.com/news/newsletters/2024-04-10/bank-of-japan-s-interest-rate-moves-and-the-record-price-of-gold
Key paragraphs to me
Anyway β the wider point is that maybe itβs not the US economy or even the Federal Reserve that matters most right now for gold.
Instead, argues Gave, gold bulls should be warily watching the Bank of Japan for signs of it turning hawkish, thus strengthening the yen. βFor now this doesnβt seem to be in the cards. But this is probably the greatest risk to the unfolding bull market in precious metals,β he wrote.
Other risks include a crackdown by China on its citizens buying gold, or the potential for the burgeoning Chinese equity market rebound to attract savers back into local stocks, neither of which he sees as hugely likely.
In short, says Gave, βthe bull market in gold is being driven by events in the East, not the West. And if it ends, it will likely be because of events in the East.β
They go on YouTube as well... just give it a bit of time
https://www.youtube.com/@InvestorMeetCompany/videos
Will they need to rely on Ice Roads in Winter to ship in production equipment? Maybe not a good idea with global warming...
https://www.cbc.ca/news/canada/sudbury/ice-roads-northern-ontario-temagami-bear-island-1.7091021
https://www.northernnews.ca/opinion/climate-change-is-affecting-the-ice-roads
rocky,
it is good news - the improved results are from a co****r grind and a simplified flowsheet using samples from the pms zone, which will be targetted early in the project. lower costs and higher recoveries are a double win, making the potential mine significantly more valuable just at a time that the copper squeeze has started.
EST has done an Investor Meet presentation this morning... The GUV there made the comment about BHP liking Kazakhstan from the perspective of 'Infrastructure led Exploration'. An excellent term as they have a copper target in an area with concentrators and smelters with spare capacity [even tailings capacity).
Starts production this year in Finland
https://newatlas.com/energy/varanto-seasonal-thermal-energy-storage/
Licences already granted under the previous 33 licensing rounds will still be honoured under Labour's plans; they will just stop granting further licencing rounds. Saying that they will 'block new production' is wrong, and the author of that article probably knows it.
https://ukerc.ac.uk/news/keir-starmer-hasnt-really-called-time-on-north-sea-oil-and-gas-heres-why/
From the last set of annual accounts - they said they had already started discussions on the next placing.
'The Directors are continuing to explore sources of finance available to the Group
and based upon initial discussions with a number of existing and potential investors they have a reasonable
expectation that they will be able to secure sufficient cash inflows for the Group to continue its activities beyond
the 12 months from the date of approval of these financial statements.
The Company carries out regular fund-raising exercises in order that it can provide the necessary working
capital for the Group. Further funds may be required to finance the Groupβs work programme. The Board expects
to continue to raise additional funding as and when required to cover the Groupβs development, primarily from
the issue of further shares.'
The Final Delta IV Heavy: ULA Launches the NROL-70 Mission
https://www.youtube.com/watch?v=L3y92WAYZdI
From today's Bloomberg BoP article:
'With China also ramping up its military spending and increasing cooperation with the Kremlin, security officials say that to keep pace, the US and its allies may need to push their defense budgets back to Cold War levels.
That would consume as much as 4% of gross domestic product. If the US and the rest of the Group of Seven were to do that, it would amount to some $10 trillion of additional outlays over the next decade, according to analysis by Bloomberg Economics. It would be a boon to defense companies, yet would severely affect public finances.'
https://www.bloomberg.com/news/newsletters/2024-04-09/the-world-is-entering-a-new-arms-race-with-wars-in-ukraine-and-gaza
You do realise that $\rho^{3} - \left( \gamma_{x} \times \beta_{y} \right)^{\epsilon} = \Theta \cdot \left[ \Phi \left( \zeta^{\frac{1}{2}} \right) + \Lambda \times \Omega \right]$ was the foundational principle underpinning the algorithmic trading model that promised unrivaled returns in the emerging renewable energy futures market?
An anti-vaxxer special from YouTube: Transmission by Joy Division
https://www.youtube.com/watch?v=Kx3EqNYQklg
Seems a great song name under the circumstances...
π©π©π©π© DJT π©π©π©π©
https://www.google.com/finance/quote/DJT:NASDAQ
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Too many red flags
When will you have to send in a TR1? Or does dilution keep reducing your percentage holding?
PS - when do you expect the next placing. It seems odds on for this year; October seems about right if there is no cash injection from elsewhere.
U.S. Department of Energy Announces $10 Million to Explore Using Plants to Extract Critical Materials from Soil to Support Domestic Supply Chain... Plant HYperaccumulators TO MIne Nickel-Enriched Soils (PHYTOMINES)
https://arpa-e.energy.gov/news-and-media/press-releases/us-department-energy-announces-10-million-explore-using-plants
It will take a couple of years to get planning permission; a couple of years to plan and plant the trees [ideally using a variety of slow growing plants to determine the most suitable] and then a few more years to plant out the mine. Then give it 10 years to grow the trees to harvest.
15 year grift; 15 years pay as a revolutionary Phytominer talking big about green credentials, GOV grants, sales tie ins to Google etc. Effectively a GOLD MINE!