Member Info for nomlungu

I used to fish where that video was taken - the Umgeni river mouth.

The beach is looking a little worse for wear; doubt the fishing will be good for a while

https://twitter.com/SunflowerSrina/status/1513924417805504512

The weather system was a "Cut-Off Low"... probably need a 'weathergeek' to explain how dangerous they can be.

http://www.eumetrain.org/satmanu/CM4SH/S_Africa/COL/navmenu.php?page=2.0.0

It helps if the local GOV officials do not steal all the money that was supposed to have been spent on sewage and drainage. Or having a million people living in informal housing / slums... It is going to be a massive blow to the local economy and public happiness.

Looks like Ukraine has sabotage teams working within Russia itself.

https://twitter.com/visegrad24/status/1513821648394334209

https://twitter.com/hashtag/DurbanFloods?src=hashtag_click&f=live

Serious flooding; more heavy rain expected

Interesting thread

https://twitter.com/TrentTelenko/status/1513926555336065026

No comment from Rishi Rich; his team in Number 11 are ignoring political journalists.

Is he going to reign? After all, he has already had his furniture removed.

No - do you really think he would do the decent thing? Ask his ex-wives. Sunak will only go if he thinks it will launch a torpedo that sinks Doris.

They are unfit for public office

CAP Energy: from the latest annual accounts:

"During the fiscal year M&FI proposed two separate financing terms to CAP’s management, both were declined. CAP has chosen to approach its shareholders to complete a financing at 50p. We reduced our carrying value by 37.5% or £120,000. Our investment in CAP currently represents 2.9% of our NAV."

'We reduced our carrying value by 37.5% or £120,000' = the value in the accounts is now £200k

They have also been training to fight as an underground fighting unit after being invaded.

1/2 of NATO; ever since 2014 when Putin decided he wanted to control Crimea.

https://theconversation.com/in-2014-the-decrepit-ukrainian-army-hit-the-refresh-button-eight-years-later-its-paying-off-177881

The UK taps everybody's phones except UK citizens, the US taps everybody's phones except US citizens. Neither break the laws against mass surveillance of their own citizens.

But they also share info...

Operation 'red throat'- it is always a commie [is there a mole in 10 Downing Street?]

When I first read about this company, I thought it was unlikely to succeed. Now they have signed an agreement with NASA.

'SpinLaunch is catapulting a NASA payload. Cutting 70 percent on fuel and structure?'

https://interestingengineering.com/spinlaunch-catapulting-nasa-payload

ocelot

Posted in: UKOG

Posts: 17,611

Price: 0.243

Strong Buy

RE: Buying frenzy Monday11 Apr 2021 07:25
Forgot to shift my opinion from "buy" to "strong buy" when the 200-day moving average was broken, will do so now.

Not concerned by the prospect of a placing: in current circumstances, think it will be well-received.

Strong Buy? More than 50% down since ocelot opinion was upgraded to Strong Buy a year ago. Was his upgrade badly timed? Yes...

Shanghai residents are not happy. This is like a riot on Downing Street in the UK:

https://twitter.com/patrickmadrid/status/1512600420610363394

And their Covid nightmare is only starting... In Hong Kong, they told the aged not to get vaccinated as it was too dangerous when they were the group at most risk. If that is replicated across China, the bodies will pile up very high. And in a year when strongman Xi cannot tolerate public defiance whilst he seeks his third official term in office, which will signal his rule for life.

Does he enforce even more stringent lockdowns? What happens to international trade? Demand for raw materials could dip and send some commodity prices down?

People who speculate on shares tipped by Simon Thompson expect overnight success; there was a 20% spike for them to buy into when he tipped this share a little over a month ago. Now that there has been a setback, they have "cut their losses" and bought into the next rainbow.

The sell off might be overdone, so dumpster diving maybe profitable if it gets below what you think the share should trade at.

Genghis15,

I agree with you... a boring share with regular rewards from a diversified portfolio of investments. The dividend increase reinforces management's comments about the profitability of leveraging the fixed cost base with additional investments.

Clearly a placing would not be unexpected as the "strong pipeline of royalty opportunities to service both existing and new companies" will require funding, and it is not clear from the RNS how much is left to invest - the only relevant statement was "unlocking additional liquidity" following "drawdown of the £20 million accordion facility ".

2 other comments: A 6% dividend yield takes this to 47p a share; there is no mention of foul headwinds from Ukraine.

Some say all nuclear power stations would be fuelled by Thorium, but for countries wanting enriched Uranium for nuclear weapons. Another company promising the earth... if they were to get it working it would be a major disruption:

https://thorconpower.com/

https://en.wikipedia.org/wiki/Thorium-based_nuclear_power