Member Info for nomlungu

Share price has been a bit dismal for a while... But EST does have some early mover advantage in Kazakhstan, which is hard to price. Positive story I saw today:

https://emerging-europe.com/news/kazakhstan-is-becoming-a-regional-hub-for-foreign-investment/

GIVMESUNSHINE,

The NPV you refer to is discounted at 5% whilst MAFL's option will be discounted at 10%. The larger discount really wipes away the future value of later years; £1000 in 10 years at 5% is currently worth £599 but only £349 at 10%. Anyway, we should find out fairly soon what the amount is and if the BOD think that cashing out is in shareholders interests.

The best part of the ANGS accounts is when they spin a nearly depleted gas field into a site having “great gas storage potential”.

I sincerely hope that The Dear Leader notes this gas lighting has worked and finds similar ways to stimulate this company's prospects.

Those eyes could do with some light being shone, but the electricity is not working. Maybe someone can be bribed with ZIM$ 100 Trillion?

https://www.ebay.co.uk/itm/394499323026

My family had a small fortune in a blocked account there... and houses in Kampala.

Is it 'grim up norf' or was Q correct and The Storm is coming soon? It is an evil looking Storm:

https://dreamlike.art/d/y47KNUWWImW8

CITI WARNS CLIENTS ABOUT RISKS OF RUSSIA ‘WEAPONISING’ METALS

https://txtify.it/https://www.ft.com/content/6653aaaa-f6fd-4f20-91d0-3dd37e037da8

Citigroup has warned clients about the risks of Russia weaponising its
exports of materials such as aluminium, palladium and nuclear fuels,
potentially leading to price rises for these critical commodities.

None of these materials, widely used in industrial and energy
production, has yet been subject to western sanctions or export
restrictions by Russia since it began its full-scale invasion of
Ukraine a year ago.

Any move by Russia to restrict exports of such materials would send
shockwaves through commodity markets, disrupting global supply chains
and creating problems for manufacturers and automakers. The country
accounts for about a quarter of world production for some metals.

“Weaponising Russian metals exports may be around the corner,”
said Max Layton, head of Emea commodities research at Citi. “This
could well see prices of these commodities spike.”

The warning marks a departure from Citi’s previous views on how the
war might destabilise metals prices, which have typically been more
conservative.

D-Day for ALL holders... Blue Orca 'raised concerns'

Trek,

'Like I keep saying insurers place to be.'

This reads a bit bleak...

https://www.proactiveinvestors.co.uk/companies/news/1008468/investors-brace-for-direct-line-update-after-admiral-confirms-worse-fears

I have a small TIME holding - profit up by 172% in Q3. Off a low base, but still impressive. Their turn-around plans seem to e working.

Another profit uplift; Boring-Ed is turning into Steady Eddy:

"Continued positive trading momentum throughout Q3 of 2022/23 has given the Board further confidence that full-year trading will now be further ahead of the latest market expectations"

A little more imported inflation, then...

Just a billion or so needed for the Hydrogen Hub... As The Dear Leader has been able to turn oil into water, this cannot be beyond his gifts received from Higher Powers?

All Fast and Furious fans will be impressed

https://www.youtube.com/watch?v=q32oFOjlWh8

The Bill as published starts with these forewords:

"I am unable to make a statement that, in my view, the provisions of the Illegal Migration Bill are compatible with the Convention rights, but the Government nevertheless wishes the House to proceed with the Bill."

https://bills.parliament.uk/bills/3429

It is just a game to them...

He writes "The Law and Policy Blog" which is an "Independent commentary on law and policy from a liberal constitutionalist and critical perspective". His entry on today's Immigration 'Bill' is worth a read:

https://davidallengreen.com/2023/03/the-illegal-migration-bill-is-about-political-theatre-not-serious-law-making/

The final paragraphs stood out:

"The emphasis on media briefing for this Bill indicates that these proposals are more to do with political theatre, not law-making.

For the one thing which would do the most to stem any abuses of our asylum regime would be to have an adequately resourced and competent asylum system.

And until and unless we have an adequately resourced and competent asylum system, then everything else proposed by this government on asylum is hogwash.

The impression this Bill gives is that the government is not engaged in serious policy making and legal implementation, and it wishes to use its remaining months in office to play to various galleries and to evade any blame.

And this can be done by leaks, briefings, announcements and press releases – again, political theatre – with any actual legislation an afterthought."

Be a little more impressive if it said the well sites were profitable; that the investments in Turkey had produced a commercial well, or if the Hydrogen Hub was funded. I can smell the Kool-Aid...

Ibug,

Rampers can try and eat out on news like that for months especially when they have filtered the people who laugh at their ridiculous ramping attempts.

#shameless

40 years today since New Order released the classic 12"

https://www.youtube.com/watch?v=9GMjH1nR0ds

FT story on Eskom

https://txtify.it/https://www.ft.com/content/5fe8291d-9895-4272-9e0a-eefa279116f4

What a shame; the ANC could have lifted the Nation, but instead some insiders just enriched themselves at the same time as making their compatriots poorer.

Is there an 'expert' contributing to this board again?