Member Info for nomlungu

I emailed him this afternoon, praising him for showing some common sense.

I was listening to a discussion between 2 virologists I trust, and China's zero-covid policy came up. Their responses were that there is no medical justification for the policy and that the policy is now more about total control of the population, not control of covid. The livestreams are on YouTube and are quite interesting... I download them and listen whilst I am cooking etc:

https://www.youtube.com/watch?v=nCGcb-2Bbkg

The vaccines in kids are not very effective against infection [remember, they are designed to prevent death / serious illness]and are likely to require a 3 dose regime as far as I am aware. As complications from Covid in children are so rare, they may be undermining public confidence in vaccinating children for other diseases.

Another article with a 'friend-shoring' theme:

https://foreignpolicy.com/2022/04/14/china-us-relations-biden-strategy/

Another friend-shoring article:

https://foreignpolicy.com/2022/06/01/china-ukraine-war-geopolitics-taiwan/

Covid laid bare the West's over reliance on China, the war in Ukraine has shown the perils of relying on Russia. There will be economic pain uncoupling from them, but the sooner the medicine is taken, the sooner the recovery can start.

Shell Gets Green Light to Develop UK Jackdaw Gas Field

https://www.bloomberg.com/news/articles/2022-06-01/shell-gets-green-light-to-develop-uk-jackdaw-gas-field?srnd=premium-uk

'Oil dropped below $113 a barrel following reports US President Joe Biden is likely to visit Saudi Arabia this month and that the kingdom is ready to pump more crude should Russian output decline substantially due to increasing sanctions over its invasion of Ukraine.'

https://www.bloomberg.com/news/articles/2022-06-01/oil-declines-before-opec-ministers-meet-to-decide-supply-policy?srnd=premium-uk

Some cracking research:

https://hindenburgresearch.com/

Latest story is about a magician who invented 'miracle cures, vaccines and treatments for HIV, Influenza, Hepatitis, Cancer, and COVID-19' AND managed to list the company on the NASDAQ.

https://hindenburgresearch.com/enochian/

That is not correct - ocelot is still here, and will not get banned as he, like most posters, stays within LSE's rules.

However, people who have been banned and then reopen another account and blatantly mock LSE whilst spamming the board with endless posts do get banned yet again.

'The result is that, for those who are actually operating in the market, the derampers' posts are very largely irrelevant.'

Classic nonsense from ocelot. People have been posting negatively about this company, and it's leader, for years, during which the share price has dropped nearly 99% and the number of shares issued has diluted what little value was left even further.

And some of those who have a less than positive opinion are still posting that much more money needs to be raised and that dilution at a discount is the most likely outcome.

My opinion is that people who ramp in the face of discounted dilution are the 'irrelevants'... You may notice that ocelot will never reply to a post like this, as he prefers using the filter to hide from justifying his nonsensical posts.

China Plans for Years of Covid Zero Strategy With Tests on Every Corner. Cities require frequent Covid tests to detect stealthy spread; Permanent testing infrastructure may solidify zero tolerance.

https://www.bloomberg.com/news/articles/2022-05-31/china-plans-for-years-of-covid-zero-with-tests-on-every-corner

Sounds like madness to me.

I have posted before that I think ammonia will play a bigger part of the hydrogen economy than most think - this is an interesting article:

'The world's first ammonia-powered zero-emissions tractor successfully completed its first demonstration run at the Advanced Energy Center at Stony Brook University in New York last week. The midsized John Deere tractor had its diesel engine replaced with an "ammonia to power" system developed by a startup called Amogy. The system converts the energy-dense chemical into hydrogen, which then powers a 100 kW hydrogen fuel cell.'

https://arstechnica.com/cars/2022/06/worlds-first-ammonia-powered-zero-emissions-tractor-starts-testing/

IRR 16.8% with Copper at $3 lb.

Not a high IRR?

Led By Donkeys lay out just how corrupt the MET's investigation seems:

https://www.youtube.com/watch?v=YDi-7AhIc1A

Last Wednesday 2 punnets for £1.50; this Monday £3.70 a punnet; today they greengrocer wanted £4.79.

Punters getting fleeced for the Jubilee weekend. Hopefully they come right back down in price as they made a change from frozen blueberries in my morning smoothie.

evi,

I think it still has legs...

Another day of slowly creeping up... still seems cheap to me, even though I am not buying more.

Looks like a sell has gone through at 4.85 so the Bid displayed may not be what the MMs are offering.

Surely the excitement has not fallen away so fast?

When I read the paragraph below, it makes me think that Convertible Loans are going to be used. And if you do not know why they use the term 'death spiral' for that type of financing you may benefit from doing some research.

'As a result of fewer diamonds being produced and sold as well as increasing costs, BlueRock's cash resources have been depleted during what continues to be a period of heavy investment in mining development. The Company has therefore entered into discussions with a major shareholder and providers of debt finance to support it through this period; further announcements will be made in due course.'

#ouch

This Daily Maverick [ZA investigative news website] is worth a read:

https://www.dailymaverick.co.za/article/2022-05-31-the-toxic-chocolatier-the-case-for-prosecuting-glencore-executives/