The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
FT have their say
https://www.ft.com/content/ca336820-c0d3-400b-8ed3-666f4caec2b7
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https://archive.ph/QovSJ
AAL +13% so far
https://www.google.com/finance/quote/AAL:LON
'Ask Peter: Can Other Countries Replicate the US Shale Revolution?'
https://www.youtube.com/watch?v=7Gdvo8QPuMk
His videos are always informative.
Detailed Forbes article; this paragraph stood out: "All this starts to look like karma at work. A corrupt and autocratic system is the victim of its own corruption, as yet again Russian cash is siphoned off by a contractor without providing a weapon system that works, while potentially more capable competitors who did not make the right friends are starved of funds."
https://www.forbes.com/sites/davidhambling/2024/04/24/why-is-russia-losing-the-fpv-drone-war/
Sounds a bit like the UK's PPE scandal.
"It's sexy for management ."
Now they will demand the pay of the CEO & BOD of a Global MEGACORP. No doubt a placing will be along in half the time that ocelot will post that they have cash resources for (or even less).
You know you want one... Why have a guard dog when you can have a 'flamethrower-wielding robot dog'?
https://throwflame.com/products/thermonator-robodog/
They will probably reclassify what they can count as defence spending... if illegal immigrants are invading us across the Channel then can we count the costs of dealing with that problem as defence spending? Preventing an invasion must be defence of the Nation?...
No fire insurance in California; no hurricane insurance in Florida... the American property market is facing a series of shocks.
https://www.politico.com/newsletters/california-climate/2024/04/11/californias-firefighters-cant-get-fire-insurance-00151885
I posted there about the Open Pit value of their Resource Estimate
Table 2.3 7 million tonnes at 1.41% Copper (1.82% CuEq) suitable for open pit mining is a cracking starting point when you consider the low costs and potential speed to production. If they can recover 2/3 of the CuEq you are looking at 84000 tonnes at $10k a tonne = $840 million.
https://www.eaststarplc.com/_files/ugd/9a9edb_9cd3b7e0d29c4ede92c260df13f36313.pdf
#HUGE - a 5% free carry would still have a NPV of multiples of current m/cap.
Table 2.3 7 million tonnes at 1.41% Copper (1.82% CuEq) suitable for open pit mining is a cracking starting point when you consider the low costs and potential speed to production. If they can recover 2/3 of the CuEq you are looking at 84000 tonnes at $10k a tonne = $840 million.
https://www.eaststarplc.com/_files/ugd/9a9edb_9cd3b7e0d29c4ede92c260df13f36313.pdf
#HUGE - a 5% free carry would still have a NPV of multiples of current m/cap.
EST is still slowly creeping up; JORC and Farm Out news soon / by end of June. Up 150% over last 6 months
https://www.google.com/finance/quote/EST:LON?window=6M
Copper demand to boom as new technology drives power consumption, Trafigura says
https://www.reuters.com/markets/commodities/copper-demand-boom-new-technology-drives-power-consumption-trafigura-says-2024-04-22/
10 million tonnes more demand a year- an extra 40% demand.
Copper demand to boom as new technology drives power consumption, Trafigura says
https://www.reuters.com/markets/commodities/copper-demand-boom-new-technology-drives-power-consumption-trafigura-says-2024-04-22/
That is an extra 40%!
Hydrogen trains could revolutionize how Americans get around
https://www.technologyreview.com/2024/04/18/1090866/hydrogen-trains-america-decarbonizing-transportation/
This stood out:"Electrifying all 144,000 miles of the nation’s freight rail tracks would cost hundreds of billions of dollars, according to a report by the Association of American Railroads (AAR), an industry trade group, and even electrifying smaller sections of track would result in ongoing disruptions to train traffic and shift freight customers from trains to trucks, the group claims. Electrification would also require the cooperation of electric utilities, leaving railroads vulnerable to the grid connection delays that plague renewable-energy developers."
The plans would take quite a bit of Hydrogen...
Another day and down again
https://www.youtube.com/watch?v=d1gYJDQXPOk
And the Ask seems to be 0.035 so the midpoint should be down 13% if it was accurately reported. Seems about time for a drunkard to surface with a bad hangover, create a new account and start getting abusive. Which would just be more of the "Status Quo" continuing...