Member Info for nomlungu

I keep hearing that the silos are still full in Ukraine, so whatever they harvest this year does not have much space to be stored in. This Economist story paints a bleak picture:

https://www.economist.com/leaders/2022/05/19/the-coming-food-catastrophe

I keep hearing that the silos are still full in Ukraine, so whatever they harvest this year does not have much space to be stored in. This Economist story paints a bleak picture:

https://www.economist.com/leaders/2022/05/19/the-coming-food-catastrophe

It would not surprise me if it is like the Twitter takeover... a spike and then the buyer finds a reason to walk away as markets get more stressed, and they get to look at the books.

Another extract:

'In addition, decarbonization efforts will spur demand for clean energy materials far beyond anything we’ve seen before. Transitioning from fossil fuels to clean energy does not absolve the world from the need for natural resources. In fact, the clean energy economy will be as reliant on natural resources as our current economy. It will just be a different set of resources. Instead of oil, coal, and natural gas, we’ll need lithium, nickel, cobalt, and manganese for our electric vehicle (EV) batteries, vanadium for our utility scale energy storage, silver and polysilicon for our solar panels, iron and zinc for our wind turbines, and copper for…well, just about everything.Copper will be the oil that drives the engine for a decarbonized economy. Four to fifteen times as much copper goes into solar and wind projects relative to comparably sized coal or natural gas power plants. EVs use three to four times as much copper as internal combustion engine vehicles. EV charging infrastructure, energy efficiency efforts, electric grid enhancements, and electrification all rely on heavy copper usage.To put the demand growth for clean energy materials into perspective, let’s look at Tesla. At its Battery Day last year, Tesla projected three terawatt hours of lithium-ion battery capacity needed in 2030 for the EVs and storage they expect to produce. To reach this target, Tesla alone would gobble up approximately 75% of the world’s current nickel production and four times the world’s current lithium production (see Exhibit 1). These numbers are astounding enough, but when one considers that EVs currently represent just 15% of global nickel demand and about 45% of lithium demand and that Tesla will likely be producing only a small proportion of the world’s EVs in 2030, the implications are staggering. Clean energy materials companies will make a lot more money in the decades to come than they ever have both because they will be selling a lot more metric tons of material and because there are certain to be shortages where supply can’t keep up with the rapidly growing demand.'

The design of the LS mine was intended to be a dual resource mine where seams rich in copper or zinc would be targeted depending on resource prices at the time. I subscribe to the quarterly newsletters from GMO and the quote below is from their latest; I recommend signing up for them if you want to read their extensive and free research:

'Copper will be the oil that drives the engine for a decarbonized economy. Four to fifteen times as much copper goes into solar and wind projects relative to comparably sized coal or natural gas power plants. EVs use three to four times as much copper as internal combustion engine vehicles. EV charging infrastructure, energy efficiency efforts, electric grid enhancements, and electrification all rely on heavy copper usage.'

https://www.gmo.com/europe/research-library/1q-2022-gmo-quarterly-letter/

You need to register to read the full article [free] but the effort is worth it...

https://www.gmo.com/europe/research-library/1q-2022-gmo-quarterly-letter/

'IntroductionSoaring commodity prices have helped drive inflation to 8.5%, by far the highest level in the last few decades. With commodity prices up and inflation creating waves, is it too late for investors to capitalize on high commodity prices? Have investors missed their chance to protect their portfolios from inflation? Historically, resource equities have provided stellar performance during inflationary periods, 1 and this time has been no different. Resource equities have been the best performing asset class over the last 2 years yet continue to trade at extremely attractive levels that don’t reflect current commodity prices. Let’s consider some of the important dynamics in commodity markets and then turn to the surprisingly attractive opportunities in the resources sector.Shorter-term and longer-term dynamics in commodity marketsCommodity prices are generally driven by short-term supply/demand dynamics. Currently, there are a few major factors impacting short-term supply and demand. On the demand side, we have a global economy, boosted by an abundance of stimulus, striving to return to “normal” after two miserable years dealing with Covid. Commodity producers have struggled to meet this demand, as they’ve dealt with an assortment of pandemic-related challenges, including supply disruptions and labor shortages. Into this already potent mix, the Russia/Ukraine crisis has been added.Russia is one of the largest commodity producers in the world with critical supplies across energy, metals, and agriculture. Russia produces more than 12% of the world’s oil and is the world’s largest natural gas exporter, including, as we all know, being a major supplier to Europe. The Black Earth region spanning Russia and Ukraine is home to large swaths of extremely fertile soil, producing almost 30% of the world’s wheat and ranking as one of the top two or three producers of many agricultural commodities. On the mining front, Russia is a major producer of nickel, platinum group metals, potash, phosphate, and coal, along with many other materials. With Russia involved in a shooting war with Ukraine and an economic war with the West, already stressed commodity markets have become more stressed. Oil has traded over $120 per barrel, while nickel, phosphate, and wheat all jumped over 30% in the days following the invasion.These shorter-term factors obscure, in some ways, and exacerbate, in others, critical underlying longer-term dynamics that will impact commodity prices for many years to come. On the demand front, we have a global population rapidly approaching eight billion and headed significantly higher from there. More importantly, a large proportion of the global population resides in developing countries that will continue to go through the stage of economic development...

It is a long artic

Good money so good luck to her...

Yes - Biostimulants are an emerging market sector. It takes money to develop, patent, trial and register the products [after all, you are going to eat products treated with them]. It then takes time to develop relationships with toll manufacturers and distributors to then start getting the products adopted by farmers.

And then farmers will start by sowing a few rows or acres to see for themselves that the products work on their land and how they tend the land. It is a process that takes years to generate free cash flow and PHC are close to the end of the journey.

If this was a mine they would have gone through the exploration and discovery stages, defined the resource, signed off the economic model, been granted the required permissions, raised finance and be close to finishing building the mine infrastructure etc.

I am surprised by the drop... a bleak day on the market, but someone is selling more than the market or the market makers want to absorb.

"Friend-shoring" is a term recently used by US Treasury Secretary Janet Yellen - it is a frightening view on the fracturing of the world's economies into 2 blocks; the free-market and the authoritarian market. We could be in for a long period of stagflation...

https://www.bloomberg.com/news/articles/2022-05-19/global-economy-loses-1-6-trillion-as-world-struggles-to-avoid-a-new-cold-war

Only some businesses will be able to pass on inflation... And GOV will love the inflation as it reduces the real value of its debt and devalues the £ making trade more competitive. If you are on a fixed income, you may be fücked.

ATISHA,

Where do you apply? I asked Mr Google and there was no response; have you been fed right-wing mis-info?

The problem is they might have to do a placing to move on as the company appears to need funding very soon and investors would be upset if convertible loans were used again.

This might be of interest:

"Long before the pandemic made online, home-delivery groceries mainstream, Ocado Technology was developing innovative solutions to streamline the whole process. Back in 2019, the team won the E&T Innovation Award in the Intelligent Systems category. In this interview Tim Fryer speaks to James Gralton, the company’s chief engineering officer, about the ‘The Hive’ – Ocado’s Bot Swarm, the technology behind it and the impact it has had."

https://eandt.theiet.org/content/articles/2022/05/robotic-hive-technology-behind-online-grocery-boom/

"Renault SA is developing a family-sized passenger car that will run on electricity for short drives and hydrogen for longer trips as part of the company’s push into fuel-cell technology.

Dubbed Scenic Vision, the vehicle will have a carbon footprint that’s 75% lower than a conventional EV because it uses mostly recycled materials, a smaller battery and renewable energy sources to produce hydrogen, Renault said Thursday. The company plans to put the hybrid powertrain into vehicles from around 2030, a spokesperson said."

https://www.bloomberg.com/news/articles/2022-05-19/renault-plans-family-car-that-runs-on-electricity-and-hydrogen?srnd=premium-europe

"Indonesia, the world’s biggest shipper of edible oils, lifted a ban on palm oil exports in a move that will bring relief to the global market after the war in Ukraine choked off critical supplies.

Palm oil exports can resume from May 23, President Joko Widodo said in an online briefing on Thursday. This is after considering improvements in local supply and prices, as well as the 17 million workers in the industry, he added. "

https://www.bloomberg.com/news/articles/2022-05-19/indonesia-lifts-palm-oil-export-ban-in-relief-to-global-market?srnd=premium-europe

Hardly an Iron Lady: "You know.. it.. it is worrying.. aa.. that we are seeing.. aa.. uuu.. these appalling.. these appalling aa.. accusations.. eer.. eer.. ag.. again.. aa.. about.. a parliamentarian

Liz Truss struggles to call out the Tory MP arrested for rape"

https://twitter.com/ukiswitheu/status/1526843505582444544

Could the bottom just be the ceiling of the next floor down?

Electricity getting too expensive to use computer on day when losing too much money; computer says portfolio down 3%.

Note - one of the interested parties offered shares to buy Angus and Angus's share price never even reached parity with that offer, which was withdrawn. So despite interest from 5 parties, no cash offer has been received.

Ramp rating = 1.7

Surely if UKOG need to finance their plans then they would be more amenable to an approach for part of Loxely?

Ramp Rating - 1 out of 10