Member Info for nomlungu

From a Cerrado Gold update:

Lagoa Salgada Project Update

The Company continues to advance all the required works to complete the Optimized Feasibility Study at the Highly Prospective Lagoa Salgada VMS project in Portugal. Together with our consultants, quotations for capital and operating equipment are being sourced, and the mine plan and throughput optimization are underway. The Company expects to deliver the Optimized Feasibility Study by the end of the year. During the quarter, the Company also saw the completion of the EU Undercover program, looking for deeper resource potential. Results are expected to be available in the coming months.

No - the next financial update is likely to be the year-end 30 June accounts.

Surprised to see this less than 50p to sell...

Easy AI YouTube summariser:

https://rocketrecap.com/

Good; it includes timestamps to sections within the video. A useful [ramping?] tool.

Seems like you need the clocks to change to reboot your mornings?

Evi will like this

https://www.science.org/content/blog-post/novo-nordisk-s-canadian-mistake

Outgoing NG chair interviewed; interesting listen

https://www.youtube.com/watch?v=S7Lg1A958aA

And I click on YouTube and see this video released 1/2 an hour ago: 'South Korea Fears China’s CATL Sodium Battery Revolution'

https://www.youtube.com/watch?v=h3EibJTHieE

My lithium thoughts, polished by ChatGPT for clarity and accuracy:

I’d be very cautious with lithium miners right now, especially the pre-production ones. The market’s oversupplied, prices have fallen hard, and there’s real competition emerging. Sodium-ion batteries are finally moving from the lab to production — CATL, the world’s biggest battery maker, has announced a new sodium-ion battery with around 175 Wh/kg energy density, a much wider temperature range (−40 °C to +70 °C), and far better safety and cycle life than standard lithium-ion cells. They’re also expected to be cheaper, thanks to the abundance of sodium.

If these batteries perform as claimed and reach mass production on schedule, they could start taking share from lithium-ion in cost-sensitive markets and entry-level EVs. That doesn’t mean lithium’s going away — it’ll still dominate for higher-energy applications for a long time — but the shift could put a lid on lithium prices for a while. All told, I’d avoid speculative lithium plays until the market finds its footing.

Https://www.youtube.com/@icarusproject

Warburg - winter has come for him: gloves and snow on the ground. He seems a good analyst.

Will the 🍊💩 roll out the🪖⚔ like a true dictator who gets upset at people protesting his overreach?

ft: credit ****roaches

https://www.ft.com/content/30b53005-d745-47f9-b7fa-9d071dfcae49

jamie dimon's quote, "when you see one ****roach, there are probably more," is a warning that one problem in the financial sector likely means others are hidden and may soon emerge.

£4342? Wow what a spike to $5842.70!

Gold up nearly 3%; Silver up over 2%. What a run... I saw today that Gold is up $11 trillion this year!

Public Service Announcement from the leading NYC mayor candidate

https://x.com/ZohranKMamdani/status/1978808560533332089

💯 out of 💯

CATL’s New Sodium Battery Will Reshape the Entire EV Industry

https://www.youtube.com/watch?v=-MkMgwf2lAs

If you are invested in lithium [or even considering] this is a must-watch... cheaper, better, safer and longer life all without lithium.

Troajan,

Do you know his channel?

https://www.youtube.com/@RickBeato/videos

If not you will be thanking me in the future.

Next-Gen AI Needs Liquid Cooling

https://spectrum.ieee.org/data-center-liquid-cooling?

I have heard a few times recently that not only are the Nvidia processors used in AI data centres only lasting around 3 years [so a 33% yearly depreciation] but that the buildings themselves are getting outdated just as fast as cooling systems and layouts have to adapt to the latest, more powerful chips that are coming out. Interesting article about cutting-edge cooling systems... clearly a niche investment if you can find an angle which might have been overlooked to date.

And pause and think... $500b is being spent every year for the next few years on data centres that will only last a few years so they need in excess of that $500b in income just to cover the data centre depreciation. But AI revenues are sitting at under $50b a year - that means that $500b is just going up in smoke. The bubble is burning...

He can play that guitar!