Member Info for nomlungu

You ought not mock Jacob Rees-Mogg - his Nanny might track you down and have some stern words.

Trump: "We could do with that on our Southern border"

https://www.youtube.com/watch?v=k0pd34lrIoA

Riddler is gone from here and Twitter?

mick-b,

I thought 9% sounded high but oilers just loose me money. If a fair rate was 5% the bond should trade at over 110p.

https://www.calculatestuff.com/financial/npv-calculator?initial_investment=100.00&discount_rate=5.000&cash_flows%5B%5D=9&cash_flows%5B%5D=9&cash_flows%5B%5D=9&cash_flows%5B%5D=9&cash_flows%5B%5D=109

Mr Carrots,

Spot on; my assessment is that substantial and sustainable free cash flow from operations has got closer by a few years. I look forward to the mid-year trading update and any other news they update the market with.

Enquest was mentioned just yesterday; they have announced a 5 year 9% bond which can be subscribed for through Primary Bid

We’re pleased to announce the following bond offer on PrimaryBid.

UK Bond

EnQuest plc

Issue price
£1
Interest rate
9.00%
Term of bonds
5½ years
Maturity date
27 October 2027

[Has this got a rig near the big fish.....................

https://en.wikipedia.org/wiki/EnQuest

GOV makes plans but takes little action - do not get CONned.

They planned on not increasing taxes; they planned a triple lock; they planned on Brexit making life better... they even planned on banning sexually conversion therapy. But populism and incompetence keeps on getting in the way.

A good way of describing Putin's Z. Read it for the first time today.

https://twitter.com/KevinRothrock/status/1511028783536656386

mick-b,

They are selling it because they do not like the coverage given to GOV. And they have said that only an approved buyer can buy it... Socialists Inc will not be an approved buyer.

Adrian might go on a rampage:

https://www.newcivilengineer.com/latest/network-of-protest-tunnels-discovered-at-essex-oil-terminals-04-04-2022/

https://twitter.com/JustStop_Oil/status/1510929196868149250

GOV announces 7 new sites... Very little in the media about engineers downing tools at Hinkley Point - why not?

https://www.newcivilengineer.com/latest/hinkley-point-c-engineers-down-tools-over-working-arrangement-concerns-04-04-2022/

A bit dodgy to allow big contractors to form JVs to bid on and carry out the work. If something goes wrong, they can just walk away, leaving taxpayers with the bills.

Interesting EQS (European Quoting Service)

https://www.investegate.co.uk/african-energy-chamber/eqs/it-s-time-for-europe-and-africa-agree-on-a-green-gas-deal--by-nj-ayuk-/20220404170005EHUYP/

What is not to like:

High capacity: up to triple gravimetric and volumetric energy density
Long cycle life: cyclability of Lithium Sulfur brought to new levels
Fast charging: intrinsic high C-rate for charging within minutes
High safety: no inflammable components
Highly sustainable: no Cobalt, no Nickel, no solvents, no harmful mining of Sulfur
Low material cost: Sulfur cost at 1 % of NMC811 cost
Low energy consumption: new production processes require only 10 % of energy
Lowest cell price: cell and process design drives cost down

https://www.whichev.net/2022/03/29/theion-sulphur-crystal-batteries-promise-breakthrough-in-energy-density/

https://www.theion.de/

Mineral and Financial Investments Limited (LSEAIM: MAFL) ("M&FI" or the "Company”) is very pleased...

https://www.rns-pdf.londonstockexchange.com/rns/0203H_1-2022-4-1.pdf

I always like the phrase "very pleased" when it is used by a company that never overpromises or promotes this project. And they are not using the phrase to raise money for mining as the companies interest is a free carry.

MAFL just published an update about the project in Portugal they have an interest in... 3 drilling rigs on site and a fourth expected soon. Seems a lot of drilling... another 15km of drilling expected in next few months.

https://www.lse.co.uk/rns/MAFL/investment-update-lagoa-salgada-project-vzzewkt6011lgyp.html

Bloomberg highlights the problems with grapes in France and pitted fruits in Switzerland; I expect some UK crops will be affected as well. Just another driver of inflation:

https://www.bloomberg.com/news/articles/2022-04-04/late-frost-ices-over-french-vineyards-threatens-fruit-crops?srnd=premium-europe

So Doris never mislead Parliament because he was told no rules were broken even though he wrote and broke the rules. And, even if he did break the rules, it was not his fault; the GOV would be at fault as they wrote rules that were unfair.

Surely that line of reasoning must upset apologists for the GOV as that is taking. them as fools.

Maybe the meter was spinning so fast that it seized? Or it is over 100k a day and the meter breaks when it gets into 6 figures?

EasyJet cancels 6% of tomorrow's flights because too many staff members are off across Europe because of Covid.

Five Live news - just 2 weeks stock left in the UK, and everybody who hears that news will panic buy.