George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Iran Attack on Israel Expected Soon - LIVE Breaking News Coverage
https://www.youtube.com/watch?v=jJ4qVpB2LA0
'Infrared Fabric heat-emitting “wallpaper” avoids the disruption and expense of Heat Pumps'
https://energypost.eu/infrared-fabric-heat-emitting-wallpaper-avoids-the-disruption-and-expense-of-heat-pumps/
Interesting; from the article:
'Due to its simplicity, installation and maintenance is around £100 (€117, $126) per square metre for a full system, today. Even allowing for a hot water system the total running costs can be up to 20% less than from a heat pump. It’s being trialled in 270 homes, and certification and approval for use in the UK is due in 2025 if not before.'
A Techno tune for the Q-Annoners: "Front 242 Welcome To Paradise"
https://www.youtube.com/watch?v=osQMG9f0HC0
Troajan,
BMN & being in Africa already placed in... From a Bloomberg newsletter today:
'More worrying for investors is the prospect, however distant, of the ANC allying with the Economic Freedom Fighters party, which proposes nationalizing mines and placing all land in state custodianship. In an interview yesterday, EFF leader Julius Malema indicated that he’s open to joining a government including the ANC.
There are also concerns that the newly formed uMkhonto weSizwe Party backed by discredited former President Jacob Zuma may join any coalition.
Zuma’s time in office was marred by the looting of billions of dollars of taxpayer funds and the systematic hollowing out of state institutions.
If political change is indeed coming for South Africa, then all those clamoring for it need to brace for the turbulence ahead.'
https://www.bloomberg.com/news/newsletters/2024-04-11/a-south-africa-where-the-anc-doesn-t-rule-alone
No dilution either? What about when they say:
'MED is currently in discussions with various potential debt and equity funders, including banking institutions that are interested to provide the necessary capex funding.'
Sound like a placing or, even worse, a CLN, are being considered.
'Iranian news agency Mehr posted a tweet saying airspace over Tehran was closed and then quickly deleted it. Now they're calling it fake news.'
https://twitter.com/BNODesk/status/1778184210152628481
Not a good sign...
The Washington Post Hawks have their say; I say they are signalling they think these are legitimate targets
https://archive.ph/9G3ui
'Nuclear deal in tatters, Iran edges close to weapons capability
Six years after the Trump administration withdrew from the Iran nuclear accord, Tehran is rapidly accumulating enriched uranium, some of it very close to weapons grade. Experts fear that a bomb could be a short dash away.'
Not good
https://www.thedailybeast.com/us-intelligence-warns-of-imminent-iranian-strike-on-israel-report
I think Bibi will use any retaliation by Iran as an excuse to bomb their nuke facilities, which would start a regional conflict. And if I think that, then the Iranians will know that any retaliation they take could have disastrous consequences.
Still falling
https://www.google.com/finance/quote/DJT:NASDAQ?hl=en
-9% at the moment
I remember when it used to bounce around 10p... then around 5p... now around 1p. The run up to the elections in ZA this year is not an environment that is likely to make miners there shine. Zuma plotting a Trump like comeback just makes the situation worse.
From 2023 accounts:
'The impairment charge for the year relates to the Greenlandic project Inglefield Land (£199,000) plus the write down of the Company's investment in Horse Hill Developments Limited by £785,000.'
So why TF is ocelot posting about a 'more generous valuation of Horse Hill by the market' when the company wrote the value down itself the following year? Anybody who places any credence in what ocelot posts ought to think long and hard about why he selectively choses what and when to post.
Interesting Bloomberg newsletter today: "Money Distilled: Japan's gold rush"
https://www.bloomberg.com/news/newsletters/2024-04-10/bank-of-japan-s-interest-rate-moves-and-the-record-price-of-gold
Key paragraphs to me
Anyway — the wider point is that maybe it’s not the US economy or even the Federal Reserve that matters most right now for gold.
Instead, argues Gave, gold bulls should be warily watching the Bank of Japan for signs of it turning hawkish, thus strengthening the yen. “For now this doesn’t seem to be in the cards. But this is probably the greatest risk to the unfolding bull market in precious metals,” he wrote.
Other risks include a crackdown by China on its citizens buying gold, or the potential for the burgeoning Chinese equity market rebound to attract savers back into local stocks, neither of which he sees as hugely likely.
In short, says Gave, “the bull market in gold is being driven by events in the East, not the West. And if it ends, it will likely be because of events in the East.”
They go on YouTube as well... just give it a bit of time
https://www.youtube.com/@InvestorMeetCompany/videos