Member Info for nomlungu

More:

https://www.politico.com/news/2023/05/30/debt-ceiling-deal-house-rules-committee-republicans-00099245

Troajan is correct... 5% upside 15% downside

https://www.ft.com/content/1e96c667-6beb-4af9-855f-c85935f169dc

QOP are crazies!

It is partly the debt ceiling uncertainty... clarity should be here soon.

LON:KEFI Healthcare Basic Resources

KEFI Gold and Copper plc

Price

0.7p

Discount

16.7%

Close to all time lows again. Maybe a resident expert will be able to explain the price drop?

It seems as though mass buyers' remorse is starting to kick in... The projects cannot be criticised, and any mention of a placing happening again must be drowned out. And this from a bunch of shareholders who voted down more funds at 11p...

What happens when the BOD ask for authority to issue more shares at the AGM? Do shareholders shoot themselves in the foot and say no and then face the prospect of the company running out of funds?

Vote scheduled for after markets close in the US on Wednesday; Thursday could be popcorn time:

https://thehill.com/newsletters/morning-report/4025739-the-hills-morning-report-can-mccarthy-get-the-votes/

The QOP seem happy to blow up the house because they do not like the colour it is painted.

Fire policies withdrawn from the Californian home insurance market:

https://www.axios.com/2023/05/29/state-farm-home-insurance-california-wildfires

Storm insurance withdrawn in Louisiana and Florida:

https://www.bloomberg.com/news/articles/2022-07-01/insurance-meltdown-sets-louisiana-florida-homeowners-scrambling#xj4y7vzkg

Maybe people will start to pay more attention?

"No clinical trials and low costs = tick"

That seems wrong - surely you need clinical trials to progress the compounds?

Https://www.dailymaverick.co.za/article/2023-05-29-south-africa-grants-putin-diplomatic-immunity-for-brics-summit/

And the Rand gets weaker yet again...

'One of China’s biggest cities is so cash-strapped it’s calling in debts'

https://edition.cnn.com/2023/05/29/economy/china-wuhan-local-debt-crisis-intl-hnk/index.html

The House of Cards is rotting... I expect some metal refiners to go bankrupt and their production capacity to be lost forever.

The $ Turkish Lira rate is down over 90% in the last 15 years... Erdoğan has his own personal version of Trussanomics.

ZYX098,

Adrain also likes creating accounts with a female sounding ID and then clutches pearls when called out.

"one sniff of oil this will go nuts"

Did you miss the RNS of the 3rd of May that stated: " 12-hour period of strong oil odour at surface". The 'sniff test' has already been met...

https://www.lse.co.uk/rns/UKOG/turkey-pinarova-1-update-lnlqgpkbdetqu26.html

Excellent blog post from David Allen Green about the hot water Doris has got herself into... basically by trying to go cheap and get the taxpayer to pay for all the lawyers their [the lawyers] duty of care was to their client [the GOV] and not her.

https://davidallengreen.com/2023/05/understanding-boris-johnsons-difficulty-with-the-cabinet-office-lawyers-and-why-it-may-have-wider-implications/

Nothing like a bit of photoshopping... AI makes it too easy to take a bunch of sad people and make them look like they are happy / smiling:

https://www.altnews.in/wrestlers-detained-in-delhi-ai-image-of-smiling-vinesh-sangeeta-phogat-viral/

BlueGlow,

Great explanation; thanks.

Biden and McCarthy are going to struggle to get the 216 votes that are required... McCarthy is likely to need support from Democrats to get the Bill through the House, and that risks a QOP revolt and him losing his position as Speaker.

https://thehill.com/homenews/house/4024466-biden-mccarthy-face-potential-revolt-over-debt-ceiling-deal/

And the QOP fringe believe that default will be electorally beneficial to them and bring back Trump and the opportunities that will afford them. Could be a volatile week for shares.

https://thehill.com/homenews/house/4024466-biden-mccarthy-face-potential-revolt-over-debt-ceiling-deal/

'One more book advance and Boris could afford to do the same !'

Adrain,

'The SP is going to Pop in June.'

Are you going to average down?