Member Info for nomlungu

'Weak holders will sell up'

Do strong holders hold all the way down from 50p because they are tough?

'Firstly check the date and make sure it is not ex-dividend day'

Valirx? Dividend? Are you for real?

Can you get a quote at over 8p to sell more than 100k shares?

But they do not take their own advice: 'MPs’ pension fund shuns UK equities'

https://www.ft.com/content/93c3eae3-a1a3-4ff0-8ffe-16fe9a47ca6c

Adrian - are you now embracing cancel culture?

If there was nothing to worry about, they should have included an explanation in the RNS. The omission would concern me... but I am superstitious.

Adrian - how does it feel to break the cancel culture chains that were weighing you down?

How long do you expect this latest account to last?

'Vladimir Nekrasov, 66, chairman of Lukoil board, allegedly died of heart failure'

Did he get a fright whilst smoking and looking out of a window and sipping on a cup of tea?

We can live in hope but an anonymous Telegram channel may not be the most reliable source...

https://www.forbes.com/sites/brucelee/2022/12/03/did-putin-really-fall-and-soil-himself-here-are-claims-about-his-health/

“Both Israelis and Palestinians are victims of this occupation” - Bassam Aramin, Palestinian peace activist whose 10-year-old daughter was shot by an Israeli soldier. (Apols for unstable internet connection to West Bank).

https://twitter.com/ByDonkeys/status/1716761852762263942

2 minute interview with a Palestinian peace activist whose 10-year-old daughter was killed many years ago by the IDF.

Gucci do Rose Tinted glasses if you need to look stylish in the Echo Chamber:

https://www.ebay.co.uk/itm/204502227611

Correct

https://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2023/ASCENDANT-RESOURCES-EARNS-80-INTEREST-IN-THE-LAGOA-SALGADA-PROJECT-IN-PORTUGAL-AND-FILES-FEASIBILITY-STUDY/default.aspx

'VIEW ALL PRESS RELEASES

ASCENDANT RESOURCES EARNS 80% INTEREST IN THE LAGOA SALGADA PROJECT IN PORTUGAL AND FILES FEASIBILITY STUDY

Aug 01 2023

TSX: ASND

www.ascendantresources.com

• PROJECT OWNERSHIP INCREASED TO 80%

• FEASIBILITY STUDY FILED ON SEDAR+

TORONTO, Aug. 1, 2023 /PRNewswire/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce that it has completed the initial NI 43-101 compliant Feasibility Study ("FS") for the Lagoa Salgada Project (the "Project"), and has satisfied all conditions to fully exercise the earn-in option on the Project. As a result, Ascendant now holds an 80% interest in the Lagoa Salgada Project through Redcorp Empreedimentos Mineiros Lda ("Redcorp").

Ascendant Resources Inc. logo (CNW Group/Ascendant Resources Inc.)

The results of the NI 43-101 Compliant FS were released in a Press Release dated July 25, 2023 and the full report is now available on SEDAR+ (https://www.sedarplus.ca) and on the Company's website at www.ascendantresources.com. The FS was conducted in accordance with the terminology, definitions and guidelines given in the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Standards on Mineral Resources and Mineral Reserves (May 2014) (the "CIM Code") as required by NI 43-101. The CIM Code is an internationally recognized reporting code as defined by the Committee for Mineral Reserves International Reporting Standards.

The remaining 20% of Redcorp (the "MF&I Interest") is held by Mineral & Financial Investments AG ("M&FI"). The MF&I Interest is subject to a consortium agreement with Empresa de Desenvolvimento Mineiro S.A. ("EDM"), the state mining development agency wholly owned by the Portuguese Government. The consortium agreement provides EDM the right to participate in up to a 15% interest in the Project by exercising an option within 120 days of completion of the FS. If EDM elects to exercise its option, the MF&I interest will be reduced to 5% and MF&I will have the right to put this interest to Ascendant.'

I do not know why they use the "standard journalistic units" of swimming pools; why not just use elephants like every other cynic?

'Some forecast models predict that 20-30 inches of rain could fall in the next 24 hours near Al Ghaydah, Yemen, as Tropical Cyclone Tej stalls over the region.

Al Ghaydah receives ~2 inches of rain per year, which means over 10 year's worth of rain could fall in just 24 hours, leading to catastrophic flooding.'

https://twitter.com/US_Stormwatch/status/1716554786978640147

The locusts will be close behind:

https://www.fao.org/ag/locusts/en/info/info/index.html

Yes, but... "Immigration minister Robert Jenrick says if you process the claims of asylum seekers more quickly that encourages more people to come.

He's admitting that leaving asylum seekers in limbo, in temporary accommodation, not allowed to work, not able to restart their lives, for years on end, is a deliberate policy."

https://twitter.com/LondonEconomic/status/1689194871993626628

They want people to wait to make it less attractive to claim asylum; and, it is good for whipping up the xenophobic vote, especially when you house those asylum seekers in hotels and barges in residential areas.

Co-chairs of the Congressional Blockchain Caucus is now favourite to be next speaker - RAMPABLE

https://twitter.com/PiQSuite/status/1716523849599066333

Not so sure - in the US, "banks are allowed to hold these bonds in 'Available For Sale' and 'Held to Maturity' accounts at cost and are not required to recognize mark-to-market losses immediately if the bonds lose value."

My understanding that this is under IFS rules that also apply to UK Banks; EU banks also need not account for the Mark to Market losses if they say they are holding the asset to maturity:

https://www.eba.europa.eu/sites/default/documents/files/document_library/Risk%20Analysis%20and%20Data/EU-wide%20Stress%20Testing/2023/Results/1061375/Ad-hoc%20analysis%20of%20unrealised%20losses%20on%20EU%20banks%E2%80%99%20bond%20holdings.pdf

St James’s Place suspends property fund as investors pull cash and demand falls

https://www.cityam.com/st-jamess-place-suspends-property-fund-as-investors-pull-cash-and-demand-falls/

And how much mortgage debt is sitting on banks balance sheets? When will the BoE force them to start recognising the losses. Black holes in the balance sheets are there but, as is the nature of black holes, nobody can see them but you can sense they are there.

Furry-ears,

That explains why Troajan posted "washing machines?we dont have um,up north"... It is grim up norf so there is no money to wash.

This article offers some perspective:

https://www.mining.com/how-junior-explorers-can-emerge-from-the-dust/

And, as most know, the supply of Copper is precarious and demand is going to increase as supply dwindles. LS is a promising project in a safe and stable jurisdiction. I am keen on VMS deposits with high precious metal credits that can rapidly be exploited to repay capital costs, which is just what LS offers.

An interesting article from Ed Conway (Economics Editor of Sky News)

https://worksinprogress.co/issue/the-discovery-of-copper