Member Info for nomlungu

Dr C / Germanium? 'America’s New Gold Rush: Not Silicon'

https://www.youtube.com/watch?v=KTyNig7enkQ

Good video; she knows her stuff and explains where photonics will be coming into play and, maybe, where from. No mention of Diamond-on-GaN though... These advances are worth following as they will have a massive impact on copper demand [not as high] and the lifespan of the data centres currently being built [they are likely to become obsolete long before the buildings are paid for].

Flock that: This Flock Camera Leak is like Netflix For Stalkers

https://www.youtube.com/watch?v=vU1-uiUlHTo

Coming to us soon...

Things that go booooom: WIPED OUT Russian general killed in Moscow car bomb explosion in suspected assassination after he was personally promoted by Putin

https://www.the-sun.com/news/15677916/russian-general-killed-moscow-car-bomb-assassination/

They must be a bit moody in Moscow...

Mood improved... I sold 1/2 my remaining MAFL shares at over 40p when the NAV on the June accounts was 34.5p. I am astounded that I could get such a high price when the share has historically traded at a 20% discount to NAV.

Now I can afford the upgrade to fresh spinach with my dinner.

Not sure what to make of this but first thoughts are negative... £500k increase ownership by 22.6%. Duke has around £25m of Tristone debt; if the company is only worth a little over £2m then it is carrying an extraordinarily high debt burden [but owed to Duke and [as far as I am aware] secured on the Care Homes].

I expect there will be sellers today who have bought in the last few months and that they will take a loss on their purchases. There is significant value in the Strategic Portfolio that has historically been priced at highly conservative valuations. From the accounts:

We have not changed our carrying values for several of our private company investments, notably Golden Sun Resources, Ideon, Redcorp, Terrasun, and Gemdale. These Strategic Investments are either generating cash flow, as in the case of Golden Sun, or have not needed capital such as Ideon, Redcorp or TerraSun, or as for Gemdale, raised capital at the same price as our last investment. Toburn's asset is a 2% Net Smelter Royalty on Block 21-A upon which is the Bellavista mine. We have always valued Toburn conservatively and continue to do so. These remain private companies, but several are contemplating "liquidity events" in the next 6 to 12 months. Notably, Golden Sun is considering several possible strategic transactions that may result in a favourable outcome for M&F.

Might be a sour day for me... MAFL's results will disappoint those who cannot read the financial statements and understand the valuation principles used and EST's drilling results will not impress the impatient. Still, even if both are down 25% on the day they are both up over 200% YTD and I have sold over 1/2 my MAFL shares over the last few months at a significant profit.

Masterful diplomacy by the Finnish PM

Something for evi: We Found The Last Swedish Muskoxen

https://www.youtube.com/watch?v=HMb1znw52pU

Just Have a Think - The incredible success of China's ultra-high voltage transmission lines.

https://www.youtube.com/watch?v=Y9OcsvNZeB0

The "Great Grid Upgrade" in the UK is adopting 525 kV High Voltage Direct Current (HVDC)... China is twice the voltage... the higher the voltage the lower the waste to heat.

Bonus Video: The Death of the US Tech Sector: Part 2 || Peter Zeihan

https://www.youtube.com/watch?v=9KFs-dxdRlw

He paints a bleak picture [as usual] but the general points make sense and apply here as well.

Epstein Files Release (Partial) Expected Today - LIVE Breaking News Coverage

https://www.youtube.com/watch?v=lGP34U1Zu7M

Agenda Free TV doing its thing...

The old man is unhappy: ⚡Putin lost hundreds of millions overnight. Planes and ships burn. Ukrainian drones strike Russia.

https://www.youtube.com/watch?v=UyTLB_7wS88

'steve’n’seagulls thunderstruck'

https://www.youtube.com/watch?v=e4Ao-iNPPUc

Red-Neck rock....

3.75%

Rate coverage

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

"it looks like trump oil tanker embargo on venezuala.....is upping the oil price"

I watched a livestream earlier... they reckon that Trump needs the war in Venezuela as he wants the price of oil to go up as he needs even more gas [by product from oil fracking] from US drilling to generate power to keep the AI bubble inflated.

Sounds conspiratorial but it does make sense...

Https://www.gold.co.uk/silver-price/today/ounces/USD/

One for Trek: 'Scott Galloway vs. Culture-War BS'

https://www.youtube.com/watch?v=665-wQZUBFk

A Lincoln Project podcast with Scott Galloway as the guest

Borrow,

No - I was referring to SWC that mannnnaan had pointed out has dropped from £6 to 36p. As per ChatGPT:

“Infinite money machine” refers to the belief that Bitcoin-focused companies can generate ever-growing profits by continuously accumulating, leveraging, or monetizing Bitcoin as its price rises over time.

It mainly referred to US leveraged companies that people were prepared to pay a premium over the underlying BTC holding as it gave them leveraged exposure to rising Bitcoin without stop losses. Which worked until it did not... and now some of the US companies are looking at having to sell some of their crypto to pay out interest / dividends on preferential shares.