Member Info for nomlungu

"More than £700,000 worth of free gifts and hospitality has been received by MPs"

What Doris gets paid to write his Daily Mail articles and [not?] write his books as well as give speeches far surpasses the amount declared by the entirety of the MPs [and probably did whilst it was an MP].

PS - my grammar extension wants to correct 'free gifts' - do people pay to receive gifts? The Guardian ought to have higher grammatical standards...

Ducks on Pest Patrol at South African Vineyards

https://www.youtube.com/watch?v=2p0xmfx-JHw

I posted a link to an article recently about how exposed the GRID is across Europe to poorly protected Solar 'virtual power stations'... Axios reporting about malicious Chinese actors:

https://www.axios.com/2024/09/20/china-critical-infrastructure-cyberattacks

Not only has the UK bought massive quantities of electronic equipment that will be vulnerable to being compromised, but there is all the solar, their investments in the North Sea, stakes in new nuclear projects, wind farms etc. We are vulnerable to malign Chinese acts, and those vulnerabilities can be exploited by other state actors [Ruzzia will have plans to implement when they feel sufficiently threatened].

Reusable cardboard drones

https://www.youtube.com/watch?v=Z8P8Wp14na8

https://www.forbes.com.au/covers/innovation/the-aussie-cardboard-drones-hitting-russia-in-massed-attacks/

Why not get a couple of ducks to eat the duckweed?

Rats love the long grass - they get to eat the ticks that breed in it and lie in wait for uncontrolled dogs that are sent to 5h!t in the long grass by uncaring owners who pretend that their dog did not defecate as the long grass hides it.

James,

Mick has gone missing [5 days]... we are hoping that the issue is just his net connection.

I Bought the Cheapest V8 Motorcycle ever Sold

https://www.youtube.com/watch?v=9Yod63BbgMA

He has 2.2m subscribers, for a good reason.

Amazon drought leaves Colombian border town high and dry

https://www.rawstory.com/amazon-drought-leaves-colombian-border-town-high-and-dry/

This seems to be far below the news radio... Israel and Ukraine have become the focus of attention but when you read this you know there is a problem:

'Peruvian media reported that the drought had made it possible to walk across the Amazon from the Peruvian town of Santa Rosa de Yavari to Leticia, usually separated by 800 meters of water.'

Draken International: Air Force for Rent.

https://www.youtube.com/watch?v=o-hbzN-yJ1E

I had never heard of them...

Nativo Res - new to me so had a look:

https://www.lse.co.uk/ShareChat.html?ShareTicker=NTVO&share=Nativo-Resource

Was Echo Energy which was down 99.91% over the last 5 years.

https://www.google.com/finance/quote/ECHO:LON?window=5Y

Https://www.bloomberg.com/news/articles/2024-09-20/uk-deficit-overshoots-in-blow-to-reeves-as-debt-hits-100-of-gdp

Windfall? Maybe a slight lull in the storm, but debt at 100% of GDP starts risking the Nation's credit ratings, and any adverse moves in bond markets will push the current disastrous interest rate bills even higher.

This is great reporting about the Trump endorsed NC GOP nominee for governor

https://edition.cnn.com/2024/09/19/politics/kfile-mark-robinson-black-nazi-pro-slavery-porn-forum/index.html

Donald Trump recently declared, "I'm not selling," when asked about his intentions regarding his shares in TMTG. This public statement was made during a press conference on September 13, 2024, and had a significant impact on the stock price, causing it to surge by 27%.

If Trump were to start selling his shares next month, despite his recent public statement, it could potentially trigger an SEC inquiry for the following reasons:

Market manipulation: The SEC might investigate whether Trump's statement was made with the intent to artificially inflate the stock price before selling.

False or misleading statements: The SEC could examine whether Trump's statement constitutes a false or misleading statement to investors, which is prohibited under securities laws.

https://www.google.com/finance/quote/DJT:NASDAQ?hl=en&window=6M

Down 60% in 6 months; if he starts selling, he will have to disclose the sales, which is likely to crash the price [as well as attract the SEC's attention].

Seems like the IDF are bombing weapons dumps in Lebanon

https://www.youtube.com/watch?v=jAuGP9e-cV8

Seems to be a MAGA pro Israel YouTuber

Why You Should Ditch Your Pager (Hezbollah Operative Edition) || Peter Zeihan

https://www.youtube.com/watch?v=JzzxMJBRlSk

Https://www.theguardian.com/environment/2024/sep/19/revealed-far-higher-pesticide-residues-allowed-on-food-since-brexit

For tea, the maximum residue level (MRL) was increased by 4,000 times for both the insecticide chlorantraniliprole and the fungicide boscalid. For the controversial weedkiller glyphosate, classed as a “probable human carcinogen” by the World Health Organization (WHO), the MRL for beans was raised by 7.5 times.

MAFL have an conditional option to sell a 5% investment in a project valued at $147m on an 8% discount factor. Their option will be recalculated at 10.5%. Perplexity is quite good at doing a recalculation and showing the steps it took:

https://www.perplexity.ai/search/if-a-14-year-cash-flow-of-the-HMKd9fEBT9.7_A7FfKGGFA

'Rough and Ready' but useful nonetheless... All free tools should be appreciated by PIs.

Timmit,

The original NPV was done on a discount factor of 8%; MAFL's option is at 10.5%. Being a lazy bar steward I have used Perplexity to do a recalculation assuming that the cash flow is the same annual amount over the 14 year life of the mine changing the discount factor to 10.5%. It suggests that the increase in discount factor reduces the NPV by 10%:

https://www.perplexity.ai/search/if-a-14-year-cash-flow-of-the-HMKd9fEBT9.7_A7FfKGGFA

Clearly many factors have changed since then; commodity prices are higher but so are costs & the resource estimate is also likely to be higher. I think it is reasonable to allow at least a 10% improvement so the 5% of $147m remains a valid, but conservative starting point. That is £5.5m with the current m/cap for the entire company being £4.5m.

Note - the cash flow from the mine will not be linear as the last mine plan was to target the precious mineral rich parts of the mine first so as to get in cash as fast as possible.

Or - a report that showed just how fragile the Ruzzian economy has become might prompt some of the oligarchs to topple Putin in a coup d'état which would be preferable to a disintegration of the country.