Member Info for nomlungu

zanmantate,

I only skim read the RNS and missed that so thank you for pointing out the statement about financing for LS:

'Moreover, we have been having some constructive discussions with management which could lead to possible project financing solutions.'

Maybe the new chairman [Mark T. Brown] will prove his worth?

https://www.investegate.co.uk/mineral---financial/rns/board-addition-and-management-changes/202102100900576004O/

http://www.pacificopportunity.com/

Robinhood extends trading hours to 7 a.m. to 8 p.m. ET with the plan of going 24 hours a day.

https://blog.robinhood.com/news/2022/3/28/the-future-of-investing-is-247

NOTE - trading whilst under the influence is hazardous to your financial health.

DD77,

It does play into PHC's hands but possibly not as much as the continuing drought in the Americas. 2 points:

a - shareholders do not know the flexibility involved in the toll manufacturing contract. If more demand is generated can the company actually meet it?
b - during presentations the company regularly stresses the reluctance of farmers to adopt new practices. Farmers may be more prepared to start using PHC's products but are more likely to start using any new products on a small percentage of their farmed land. The NPK price hikes may be a great recruitment tool but any benefits might only flow through in a few years if they were to decide to use the products on all of their land.

Customer retention seems key; those who are adopting use of PHCs products seem to keep using them. I think that it will be a key metric to watch out for.

'The Alabama Republican revealed in a public statement last week that former President Donald Trump had repeatedly, and recently, raised the idea of attempting to rescind the 2020 election results and reinstall him as president. It was a stunning allegation that would show Trump not only attempted to subvert the 2020 election while in office, but that he is extracting promises from allies to try again if they take power in 2023.'

https://www.politico.com/news/2022/03/29/jan-6-panel-mo-brooks-00021484

What happened to democracy?

Another score for Troajan; fertiliser is a good place to be, and it has rocketed on news they are buying a controlling interest in their project. They still need funding though...

Germany girds for gas rationing in rouble standoff with Russia

https://www.reuters.com/business/energy/germany-declares-early-warning-potential-gas-supply-disruptions-2022-03-30/

That will kick the economy there (and in Italy)

Retreating Russian troops are booby trapping corpses with anti-personnel mines.

https://www.thedailybeast.com/russian-forces-driven-away-from-kyiv-as-ukraine-regains-territory-and-kills-top-commander-colonel-denis-kurilo?ref=home?ref=home

#nice_guys

And, they are retreating after defeat in close combat; they are not withdrawing/ ceasing combat operations. Be wary of thinking peace is close. It is more likely just another lie from Putin.

They are expecting less than half the spring crop sowing area to be sown [grains such as barley and corn, as well as other crops such as sugar beet, sunflowers and soybeans]. Wheat is normally grown in winter in Ukraine. Spring sowing was going to be adversely impacted by drought even before the war started.

https://www.reuters.com/world/europe/exclusive-ukraine-2022-spring-crop-sowing-area-could-be-halved-minister-2022-03-22/

I think Ukraine only produces around 30M tonnes of wheat per year

https://www.indexmundi.com/agriculture/?country=ua&commodity=wheat&graph=production

https://www.atlasbig.com/en-gb/countries-by-wheat-production

Maybe the 110 mt refers to all grains / sunflower seeds etc?

ocelot does not mention that there will be a lot of bills to pay; why not?

https://ourworldindata.org/grapher/sunflower-seed-production

AMOI - never heard of them...

They were a shell that recently bought a company in the fintech business for £5m by paying in paper at 4p and raising £2m in cash at the same time. Hard to tell much about the company?

https://id4clm.com/

Another duster

https://www.lse.co.uk/rns/88E/wireline-logging-results-at-merlin-2-e3kxsb0tcs69jsw.html

They are getting good at finding them.

This website makes good charts

https://ourworldindata.org/ukraine-war

https://ourworldindata.org/cheap-renewables-growth

I sold after the interims, which offered promise but little profit; might be worth keeping an eye on now the sp has more than halved.

US politician getting facts and fiction a little confused

https://twitter.com/i/status/1508485363177861124

The Investor's Champion's Simon Thompson had good words to say about this company yesterday (but you may need a paywall bypasser or an account to read the article)

https://www.investorschronicle.co.uk/ideas/2022/03/28/bargain-shares-a-trio-of-ben-graham-value-plays/

His tips regularly generate a flurry of buys.

Interesting article; the winners in the Hydrogen revolution have not been picked / named yet. The front-runners may end up running out of steam. "Scientists have created a precious-metal-free hydrogen fuel cell... and feel confident that with further developments and some optimization, we could reach 1 watt per square centimeter within two to three years, which would be a major and enabling breakthrough"

That is close to the ratio currently being delivered by a conventional fuel cell with precious-metal catalysts. The cost savings would be significant.

https://spectrum.ieee.org/precious-metal-free-fuel-cell

Artificial egg white brewed from genetically altered yeast

https://newatlas.com/science/world-first-chicken-free-egg-white-every-company-macarons/

Playing with God...

PUR - another blow there today; down nearly 30% and they still have to raise $50m.

A big disappointment after it was bigged up as a mine that should chuck off Dollars by the tonne in free cash flow.