Member Info for nomlungu

"Wednesday November 3."

Today is the 2nd of November; the next time there is Nov 3 on a Wednesday is 2027. Does that mean there is a long delay or that the Facebook post is just inaccurate and unreliable?

Richard Murphy: What will happen when the stock market bubble bursts?

https://www.youtube.com/watch?v=Ff4gvI1fr_M

Worth a listen; the point he makes about the pension fund deficits that require plugging [caused by falling share prices] diverting otherwise productive capital is something to think about as well as the increase in demand for bonds driving down interest rates. Good luck if you get caught holding bank shares...

China’s Rare Earth Chokehold!

https://www.youtube.com/watch?v=q95xzDQUxzI

More insight than most can offer...

Link to FT article [unpaywalled]

https://archive.ph/JWMGm

I hate paywalls...

Sunny saturday - I had to take my cardigan off; lovely day down South.

Telegraph also reporting

https://archive.ph/Cm42X

Al-Qaeda militants poised to take over an entire country

Militants have cut off fuel supplies raising fears Mali could become the first country ruled by the terror group in its four-decade history

Unpaywalled link to Telegraph article:

https://archive.ph/Cm42X

Mali: Al-Qaeda militants poised to take over an entire country

https://www.telegraph.co.uk/world-news/2025/10/31/al-qaeda-militants-poised-to-take-over-mali-fuel/

Google's Gemini:

Producers (LSE Main Market & Dual-Listed)

Endeavour Mining (LSE: EDV)

Listing: London Stock Exchange (Main Market) & Toronto Stock Exchange (TSX).

Status: Producer.

Mali Operations: Endeavour is one of the largest gold producers in West Africa with a diversified portfolio. It operates significant assets in Mali and has recently signed agreements with the Malian government that align with the country's new 2023 mining code.

Resolute Mining (LSE: RSG)

Listing: London Stock Exchange (LSE) & Australian Securities Exchange (ASX).

Status: Producer.

Mali Operations: Resolute operates the Syama Gold Mine in southern Mali, which is a large-scale, long-life operation.

Explorers & Developers (AIM Market)

Cora Gold (AIM: CORA)

Listing: AIM.

Status: Explorer / Pre-production.

Mali Operations: Cora Gold is focused on advancing its flagship Sanankoro Gold Project in southern Mali towards production. The company also holds other exploration permits in the region.

Kodal Minerals (AIM: KOD)

Listing: AIM.

Status: Explorer / Pre-production (Development).

Mali Operations: Kodal Minerals is developing the Bougouni Lithium Project, which is one of Mali's most advanced lithium projects. The company is moving towards the construction and production phase

https://gemini.google.com/share/4a44ea6f0427

Nvidia boss gets seen eating in a chicken shop is Seoul and share prices of chicken shops spike 20% [even competitors]

https://www.telegraph.co.uk/business/2025/10/31/when-fried-chicken-chain-becomes-part-ai-boom-time-worry/

What happens when people find out he uses toothpaste and wipes his @rse with toilet paper?

Are We Reliving 1929? Parallels to Today’s Market Mania — ft. Andrew Ross Sorkin | Prof G Markets

https://www.youtube.com/watch?v=SGUqkyxK2Vo

Ross is the editor of Squawk Box on CNBC

VAL gifted their believers an opportunity to 'buy one, get one free' yesterday with a placing at a 47% discount. And the share price is so low that the placing funds seem to only last 5 months.

I mentioned Rondo a few days ago; a write-up in IEEE yesterday: New Thermal Battery Supplies Clean Heat for Oil Extraction System converts solar energy to heat for industrial processes

https://spectrum.ieee.org/thermal-battery-for-industrial-heat

Some companies are exploring using thermophotovoltaics to convert the infrared radiation from thermal batteries to create electricity... but that is another level of complexity.

From Angle's 8 Oct update: As highlighted in the recent interim results statement, the Company has a cash runway into Q1 2026. As such, the expectation is that the Company will need to raise funds in the coming months. This process will commence once there is clarity on the appropriate cost base, funding need and a clear path to greater commercial traction.

Everybody loves a discounted placing...

No - for some reason both this site and Google are factoring in the consolidation that will not go ahead; from the latest accounts: "At 19 September 2025 there were also 484,822,255 ordinary shares in issue."

£1050000 gross... probably have to pay around 7% in fees so net fundraise will be around £975k.

Even if they manage to reduce cash burn under £200k a month this raise only lasts 5 months. Is that even enough time to ramp these placing shares away?

Come on Rampers... show your faces and admit you were wrong and that people who pointed out the cash flow problem were correct.

Fryday? I thought it was Thors'day?

Two Thieves And A Liar

https://www.youtube.com/watch?v=fr8qltw4BXA

Outstanding Electro-Dub... Makes me miss my Sound System

Not sure to make of this:

https://extropic.ai/

https://www.youtube.com/watch?v=Y28JQzS6TlE

If their claims are correct then current AI valuations just got reduced by several factors: "Extropic is building thermodynamic computing hardware that is radically more energy efficient than GPUs."

EU carmakers ‘days away’ from factories halting work in chip war with China

https://www.theguardian.com/business/2025/oct/29/europe-carmakers-china-computer-chip