Member Info for nomlungu

Going back into the EU would help the economy... The CONservatives talk about shredding red tape and the brought in mountains of the stuff thanks to BrokeIt.

Another video about Brexit Brilliance; the UKCA {Certification Authority} stamp is just not worth it just for the UK market for some goods such as bits to go into an X-Ray machine in a hospital:

https://www.youtube.com/watch?v=hA3uBIxoKMI

Interesting article on Science.com

https://www.science.org/content/article/it-s-electric-technique-could-clean-mining-valuable-rare-earth-elements

Cheaper and cleaner

There was a figure of around £1 billion needed for the project. At 0.05p a share, that would only be 2 trillion more shares.

No wonder some call him ShareCoin Sanderson...

Ramp quality = Zero

EEE booooming this morning... You all should know it but it is worth repeating: Rock surface chips with high mineralisation mean little other than confirming potential. Obviously the most promising samples have been taken so are in no way representative of any underlying deposit - they should have much higher mineral grades than the underlying deposit!

Junior miners hoping to attract funding are happy for punters to make the mistake, especially if a large m/cap justifies management getting large salaries from that funding.

BOE were lagging behind the FED; a full percent is needed at a minimum.

From an FT article about the fallout from Trussanomics: "As the dust settles on the LDI crisis, many pension funds are now planning to sell more illiquid holdings, including property, private credit and stakes in buyout funds."

https://txtify.it/https://www.ft.com/content/87cb4ae6-df3b-46ca-b57f-06855cffa9f0

A bad omen for property funds as unit holders try to cash out, forcing the funds need to sell into a collapsing market.

Number of times 'fu' in the presentation = 10; number of times 'funding' mentioned = 0?

What are you laughing about?

The grass would be greener here if Truss had not poured bleach on it.

Bloomberg thinks about 1 in 5 UK companies are going to the wall soon; "Don't Fear the UK's Coming Zombie Apocalypse; Legions of undead British companies due to finally fall as interest rates rise should give way to a healthier economy."

https://www.bloomberg.com/opinion/articles/2022-11-02/don-t-fear-the-uk-s-coming-zombie-apocalypse?srnd=premium-europe&leadSource=uverify%20wall

Watch out for companies with too much debt that will be difficult to refinance, or those who will need to raise loads of dosh. And banks exposed to more bad debt than most realise...

I have posted this before, but it popped up again on wimp.com today

https://youtu.be/Q34z5dCmC4M

'Henri is an existential kind of cat.'

bots,

Lula's administration is likely to want a more sustainable [and buoyant] agricultural industry. I see more demand for cleaner biological inputs being used to generate more produce from existing fields [as opposed to stripping virgin forrest to get at the fertile soils]. And, as a 'leftie' he will need to run prudent economic policies to prevent devaluing the Real and importing inflation that hurts his poorer voting base. The prudent economic policies will help PHC get paid in US Dollars and the more sustainable agricultural policies should see more demand for the products.

Overall it will hopefully be positive for PHC; I would be far less optimistic for mining concessions as polluting mines will face more stringent planning permissions and higher taxes. But Lulu will have a battle against entrenched rightwing politicians so massive changes are unlikely to happen in a hurry.

And PHC is diversifying its markets so the Brazilian market should be becoming less significant over time. Clearly I am biased.

Surely nobody is suggesting that Adrian would be tweeting in a misleading manner? He is a paragon of virtue...

ALGU,

This probably spooked the market: 'hybrid debt instruments' aka CLNs aka death spiral financing.

When a company needs to investigate such financing it it not normally a good sign and many superstitious investors will bail.

Troajan,

"ocado flying atm?"

From the RNS that sparked the rise - a tie up with a major Korean supermarket featuring 'grids installed on multiple levels'. A recipe for a disaster; having lithium charged robots whizzing around a grid stacked on top of multiple layers of grids is a fire disaster waiting to happen. Ocado had a big fire [last year?] which, if I remember correctly, was caused by a belt malfunction that caused a robot to overheat and catch fire that then spread. Lithium fires are notoriously difficult to extinguish.

Another major fire might [will?] kill the business model.

Proper coffee and a small blueberry muffin...

I forgot to write that I never see ads on YouTube...

From a Bloomberg article about Musk wanting Twitter to start charging verified [with a blue badge] $20 a month subs:

'YouTube’s hugely successful fee model is similarly extortionate: Essentially, pay $10 a month or be bombarded with time-sucking ads on the site. In seven years, that has created an estimated $6 billion a year business. It’s Machiavellian, and it works.'

https://www.bloomberg.com/opinion/articles/2022-10-31/chief-twit-elon-musk-twitter-deal-is-off-to-rocky-start-with-free-speech-tweet?srnd=premium-europe

I even have an extension to remove parts of videos where the YouTuber goes on about sponsorships:

https://chrome.google.com/webstore/detail/sponsorblock-for-youtube/mnjggcdmjocbbbhaepdhchncahnbgone?hl=en

gwilliams71,

He actually said $50 a barrel and people would be retiring in the Bahamas:

https://www.youtube.com/watch?v=V1_stpqkU7w

helsbydrome07,

A great suggestion for The Dear Leader to consider... There has been some interest in Geothermal and clearly there is potential for lithium extraction from geothermal brine in Cornwall. Maybe Adrian will start tweeting about the potential or someone could start a closed Telegram group to discuss / ramp.