Member Info for nomlungu

I made a small profit there a while ago but got the impression it was more of an ego project for the boss than a business... I expect he might be more interested in becoming a Lord than making shareholders rich.

Some headlines write themselves:

https://www.thebulwark.com/p/his-name-is-jesus-carpenter-arrested-ice-venezuela-pennsylvania-immigration

It gets better... Paul Warburg has an angle I had not thought about. Both Ruzzia and the US think they are christian nations and 'God's Will' has damaged the Ruzzians. Not good for the Ruzzians to spin to their believers:

https://www.youtube.com/watch?v=TwSIL-wIHgw

I posted yesterday: Jason Jay Smart : BREAKING: Putin’s Nuclear Sub Base Hit by Earthquake. Today the Mail is reporting: Mystery grows around state of Russian nuclear submarine base that is just 75 miles from epicentre of 8.8-magnitude megaquake

https://www.dailymail.co.uk/news/article-14956551/Russian-nuclear-submarine-base-earthquake.html

🌶️🌶️🌶️🌶️🌶️ There should be open sauce intel out soon which could be quite spicy. 🌶️🌶️🌶️🌶️🌶️

Yes, but... that is US futures which were pricing in Trump's tariff that he has TACOed out of. There is a projected shortfall of 8.5 million tonnes a year by 2030, so the future is shiny if you can find an explorer exploring in an infrastructure rich country [ie water, labour, spare refining and electricity etc]. I have some hopes for EST, but they have disappointed so far.

The squeeze on Copper supply is slow but steady. Bloomberg was reporting today about a new mega dam in China that is going to need 500000 tonnes of Copper which made me wonder about the driving forces of future demand. Gemini's answer is worth sharing

https://gemini.google.com/share/ea09c2670fce

A shortfall of 8.5 million tonnes by 2030...

From the IEA: 'Our estimates show that copper use in data centres could range from 250 kt to 550 kt in 2030, equating to 1- 2% of global copper demand, though this could be even higher depending on the speed at which demand for their services picks up'. That squeeze on copper just slowly keeps tightening.

https://iea.blob.core.windows.net/assets/ef5e9b70-3374-4caa-ba9d-19c72253bfc4/GlobalCriticalMineralsOutlook2025.pdf

Page 111

Xi Ties His Legacy and China’s Economy to $167 Billion Dam

https://www.bloomberg.com/news/features/2025-07-29/xi-s-167-billion-tibet-mega-dam-promises-to-spur-china-s-economy?srnd=homepage-uk

---or---

https://archive.ph/JVzNi

Not a lot every year in the grand scheme of things but still plenty... And, damming water that flows into India and then Bangladesh will raise political tensions a few degrees. Xi sees plenty of benefits; putting more Han Chinese workers into one of Tibet’s most remote regions will help his perceived spread of Chinese national identity and the massive project should help deal with the overcapacity in the economy that has been driving producer price deflation.

'The 50% import tariff will apply to semi-finished products such as copper pipes, wires, rods, sheets and tubes, and to copper-intensive goods like pipe fittings, cables, connectors and electrical components, according to the White House statement. Less processed goods, including copper ore, concentrates, mattes, cathodes and anodes are not subject to the tariffs.'

Https://www.bloomberg.com/news/articles/2025-07-30/us-copper-tumbles-as-trump-s-tariff-excludes-refined-metal?srnd=homepage-uk

Is Trump Permanently Destroying US Hegemony? | Martin Wolf

https://www.youtube.com/watch?v=V-3Jw3SizV0

Wolf = Chief Economic Commentator for the FT - top quality guest for the Man from Wham.

And Times Radio has other naval news: Putin’s navy in deep water as Russian-guaranteed port threatened potential action

https://www.youtube.com/watch?v=P6ZQj9Fut_4

Naval news seems to be making a splash at the moment

Jason Jay Smart : BREAKING: Putin’s Nuclear Sub Base Hit by Earthquake

https://www.youtube.com/watch?v=lZ72AmkkT1M

Propaganda? Yes... But he is spot on and the perception of damage is damaging in itself. China will be watching.

Sounds like you are admitting defeat?

A dose of cold hard reality... You write: 'Mark has only been CEO for a year...'

https://www.google.com/finance/quote/VAL:LON?window=1Y

-78.25%

How do you define failure?

James Carville: TRUMP Is A PERVERT

https://www.youtube.com/watch?v=44yzB-3y2tQ

He has a way with words...

Evi - yes [it is £12570] as long as your other earnings do not tax you into a higher tax band.

No - the £3000 is the 2025/26 CGT allowance. SIPPs are exempt from CGT. After you have withdrawn the 25% from a SIPP any further withdrawals are taxed as income at your marginal tax rate [no NI is payable]

This stands out: ' And just to give you, before I go into the permitting kind of element, we're just in the final stages of a feasibility study that we expect to have results back on probably by the end of September, October timeframe. And we expect to see, we're just completing the metallurgy.

The metallurgy has seen dramatic improvements from previous work that we've done. So from that perspective, we expect to see better recoveries, better grades, bigger reserves, so much more robust path towards a much more robust feasibility study'

Wham Bam! 'Something Is Seriously Failing Inside Russia's War Machine'

https://www.youtube.com/watch?v=Wp85VsvUdRA

George Michael reincarnated has his say... [no careless whispering]