Member Info for nomlungu

Looks like VAR came into play; still sitting on a Yellow Card though.

3M Cuts Output of PFAS Used in Chip Production:

'The plant accounts for 80 percent of the world’s semiconductor coolant output, according to Business Korea. 3M didn’t provide details on the size or scope of the Zwijndrecht facility.'

https://www.eetimes.com/3m-cuts-output-of-hazardous-material-used-in-chip-production/

Just when you thought things should be getting back to normal another problem fries the supply chain.

Sunak only gave up his US green card in October last year. So he was a US taxpayer whilst the UK's Chancellor.

Fúck him and the rest of the 2 timing politicians. Are they so aloof that they do not understand that the 'man in the street' would find that offensive? It is like him being upset that Joe Public is upset his wife avoids tax by following the laws that he is responsible for. She pays 10% tax, Joe Public gets a 10% increase in his NI rate.

https://www.bloomberg.com/news/articles/2022-04-08/u-k-s-sunak-admits-holding-u-s-green-card-while-chancellor?srnd=premium-europe

Doris must have decided he had become a threat and started briefing against him; after all, he could have not imposed tax rises now but thought it was politically beneficial to save up tax cuts for when he hoped to be leading the party into a general election. He seemed to have thought he could steal from Doris's cookie jar, forgetting that Doris does not pay his own bills.

This statement is what makes the article from The Daily Beast interesting. Bellingcat's opinion will be worth reading, as is their Bucha coverage:

https://www.bellingcat.com/news/2022/04/04/russias-bucha-facts-versus-the-evidence/

Russian Troops Brag They Bombed Fleeing Families at Train Station

https://www.thedailybeast.com/russia-bombs-fleeing-families-at-kramatorsk-train-station?ref=scroll

A few minutes before it became clear that women, children and elderly people were among the at least 39 dead and nearly 100 known to be injured when a missile struck the Kramatorsk train station in eastern Ukraine, Russian soldiers were bragging about the hit on Telegram.

The missile struck the main evacuation center in the area and seems to herald the beginning of an intensified offensive that Russia warned was coming.

Minutes later, the messages, which included claims to have successfully obliterated “a crowd of Ukrainian militants at the Kramatorsk railway station” the messages were edited or disappeared altogether, according to several accounts by journalists in the region.

Shanghai Covid lockdown ‘will have a global effect on almost every trade’

https://12ft.io/proxy?ref=&q=https://www.ft.com/content/572eae5f-d47b-4e1b-a7c2-be63bd45000a

The lock downs are not working [yet]

graphic of how countries voted

https://www.aljazeera.com/wp-content/uploads/2022/04/INTERACTIVE_UN_Vote_suspend_Russia_07-04-2022.png?w=770&resize=770%2C769

Troajan,

Not sure if you watched the MAFL interview; MAFL own 5% of Golden Sun Resources in Costa Rica, which will increase to around 8% when some loans are converted into equity. The company is breaking even with leaching but are now permitted for full production which should see production up from 6000 oz to 35k oz a year.

Initial expansion of the resource seems to have found another 500k ounces within 1/2 a km of the existing mill.

Stonking news for a micro miner.

I just finished listening... a couple of points worth noting:

LS - they have started getting approaches from financiers interested in providing the project finance [the PEA has initial capital costs at $132m]. They have recommenced talks about getting the 15% of the project back from the Port GOV who have declared the project as of "National Interest".

Golden Sun - the gold mining interest in Costa Rico. MAFL currently own around 5% which should increase to around 8% in time [MAFL have some convertible loans in the company to convert]. The mine is currently at break even producing 6000 oz from leaching but has recently received permits to resume full mining which will increase processing to 400 tonnes a day which should produce 35k oz a year. Initial results from exploration close to the mine looks as though another 1/2m oz may have been found 300 meters from the existing mill.

CASH - as usual, JV noted that MAFL are due to received 86% of the companies current m/cap within 9 months from Ascendant.

Yes; £4 would just be enough to print 100 P45s.

As an Indian citizen living abroad, The Chancellor's wife is taxed on dividend income at 10% in India. She could choose to be tax resident in the UK and pay the additional rate of 39.4%... That would be around £4 on her Infosys shares, enough to pay the wages of around 100 nurses.

The company used to be known as Prairie Mining. The company is pursuing a historic dispute with the Polish GOV, suing them for £800m.

https://www.lse.co.uk/ShareChat.asp?ShareTicker=PDZ&share=Pdz

https://www.lse.co.uk/rns/GRX/half-year-report-ku05kux2p3ph3uj.html

They have some litigation financing which will take an unknown [by me?] portion of any award, but with a m/cap of £28m the shares might appeal to a gambler who has the patience to wait for a spike to trade a profit.

More than half the posts today have been deleted as are all of Wednesday's posts Are people getting that worried that the share price is going to sink now that the resident ramper has upped sticks? Are the 100k sells him closing his position?

The Ruble has recovered to pre-invasion levels in an "artificial market" according to Bloomberg. It is being propped up be sales of gas to Europe. For every £100 to Russia for gas, Ukraine gets £1 in aid. When will they keep moving the line that Russia must cross to be prepared to take the no gas but pain?

https://www.bloomberg.com/news/articles/2022-04-06/mocked-as-rubble-by-biden-russia-s-ruble-comes-roaring-back?srnd=premium-europe

'Worst Drought in 40 Years Threatens Millions in Horn of Africa'

https://www.bloomberg.com/news/articles/2022-04-07/worst-drought-in-40-years-threatens-millions-in-horn-of-africa?srnd=premium-europe

Nothing like refugees to flame xenophobia - South Africa now have an anti-foreigner movement called 'operation dudula'; these populist nationalistic movements spawn others when they have success and their leaders attain wealth through political shenanigans.

I know about the antiviral protection from Far-UV Lamps but in a fairly cheap LED bulb is new:

https://spectrum.ieee.org/far-uv-curbs-pandemics

Potentially a game changer as they are safe for human skin and eyes. Think hospitals, schools, bars, etc. And good to go on any virus, bacteria or variant.

"Are There Enough Chemicals and Fertilizer to Plant This Year's Crop? An Inside Look at What's in Jeopardy"

https://www.agweb.com/news/crops/planting/are-there-enough-chemicals-and-fertilizer-plant-years-crop-inside-look-whats

A US article from yesterday breaking down just how serious farming input shortages are; the shortages seem to be driving the recent PHC up tick.

Packington Free Range Large Chicken - £6.12 a kilo; up about 10% this year. Good large chicken; I roast the legs; use the carcass for stock and freeze the breasts raw to use in a stew or curry later. Get about 10 meals from each large chicken [about 5lbs in weight].

https://www.ocado.com/products/packington-free-range-large-chicken-74180011

If you are going to eat chicken, you should eat quality chicken. Iceland chicken leaves me cold...

These short videos are good

https://www.youtube.com/watch?v=w8T06y6MMlY

mick-b,

The crisis in the fertiliser industry is playing into PHC's fortunes. Brazil relies heavily on Russian phosphate imports, which have stalled. Brazil is also the only country where PHC have market authorisation to sell the first of their peptide plant treatments; sales should now start to grow quicker.

It is a disproportionately large part of my holdings, so I am a happy lad with high hopes. Sustained and substantial free cash flow seems likely to have got closer; if the July interims confirm this, the share price will jump.