Member Info for nomlungu

This YouTuber is quite good for his live coverage

https://www.youtube.com/watch?v=02_gUf9Esh0

It is also linked to Civil Service pensions; probably Council pensions and other public bodies [rpi / cpi]

The IFS are forecasting a deficit of 19% of GDP this year - maybe Boris is a Paul Hardcastle fan?

I do not invest in a business that mainly operates in a country I would not feel safe living in:

https://www.icij.org/investigations/panama-papers/20160404-azerbaijan-hidden-wealth/

https://www.cia.gov/library/publications/the-world-factbook/geos/aj.html

Do they need to sell some shares?

https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-081020

praise be to google

https://wp-angloasianmining-2020.s3.eu-west-2.amazonaws.com/media/2020/06/10132846/Hardman-Research-Anglo-Asian-JUNE-2020.pdf

A couple of companies I follow received loans through the US Paycheck Protection Program. Politico are reporting that none of the loans have been forgiven yet. The program is likely to be restarted so keep an eye out for developments if your cash flow predictions [like mine] were made under expectations that the loans will be forgiven. The loans may make further financing from 3rd parties more expensive / less likely so cash calls to shareholders could come sooner than expected. Unexpected placings are the curse of AIM.

https://www.politico.com/news/2020/09/27/no-forgiveness-small-businesses-still-on-hook-for-rescue-loans-421940

From the Lincoln Project

https://youtu.be/nrNOaDrCMms

Just a few months ago they were issuing shares at under par value by issuing 'fee shares'. That is a red flag in my investing manual. Also, they seem to justify some economics of the Welsh Gold project because Welsh gold trades at a premium, especially for royal jewellery. It is also being ramped by wanna-be Robinhood traders. That is 3 red flags suggesting a bubble - there is an old gambling saying of 'if you did not go to the wedding then do not go to the funeral'. It also applies to bubbles; there is not much point in getting in after the bubble has inflated as you are going to get more damaged if / when it bursts.

[22/4 - 'Under the Deed, as a result of this notice of exercise 30,000,000 ordinary shares (the "Conversion Shares") fall to be issued at a conversion price of 0.1p, with an additional 45,000,000 ordinary shares being issued by way of a fee ("Fee Shares") in accordance with the terms of the Deed, due to the market price of the Company's shares being below their par value (being 0.1p).'

The UK Economy could be looking at deflation - if that were to happen it makes sense for the risk averse to consume capital.

Christmas bonus season coming soon so expect bumper season of options, ramping, placings and other festivities for management of lifestyle AIM companies. Even better if they can get shareholders to pay for a trip somewhere warm to investigate possible investment opportunities [nothing like a meeting in Mauritius or The Seychelles in the middle of winter].

Troajan,

I left out hydro because it is designed for base load power so should just keep working as long as there is no drought. I had ignored pumped hydro - Snowy 2.0 is a massive pumped hydro plan in Australia.

Not so sure about PHE - I think the ceramics they ise will fail over time and the most advanced ceramic material science is classified because it is used for missile heat shields. Not sure what tech EQTEC are using, but they seem to burn enough cash

“We need every ablebodied man, woman to join an army for Trump’s election security”

This would be funny if it was not true - the consent decree is gone and the Republicans aim to scare people [democrats] into staying away [from voting].

https://twitter.com/aravosis/status/1309542038984163328

https://www.motherjones.com/kevin-drum/2020/09/donald-trump-jr-is-recruiting-an-election-day-army/

'Every Day-Trader Dollar Is Worth Five in a New Theory on Stocks'

If there is a 4-times multiplier on the way up, there will be a similar multiplier on the way down. No investor can eat stocks - when the Robinhooders sell to fund bills it could get messy.

https://www.bloomberg.com/news/articles/2020-09-26/every-day-trader-dollar-is-worth-five-in-a-new-theory-on-stocks?srnd=premium-europe

It might help if they can make a profit?

Troajan,

It is cheaper to produce electricity from renewable sources than nuclear and is expected to be cheaper than gas turbines soon. But the wind does not always blow and the sun does not always shine so a clean, cheap and efficient way of storing power for when it is not being generated is required.

Generating hydrogen through electrolysis is achieving efficiency of over 80% (ITM Power?); there have been advances in (cryogenic) storage; for transport, hydrogen fuel cells are more efficient than using internal combustion engines, and you can even use hydrogen in the gas grid as a fuel for home cooking / heating (up to 20% using the existing installed domestic boilers).

If people want to stop global warming (rising sea level will cause flooding in central London in the foreseeable future (any urban area close to sea level is under threat), then fossil fuels have to go - hydrogen as a fuel is cheaper and safer than nuclear. So it has a big future.

I have posted before about high voltage grid upgrades - they will also have a part of upgrading / improving how the future is powered as power can be moved over larger distances (North Sea wind farms or solar farms in Saharan Africa) to where it is needed without as much loss as would be incurred by converting to Hydrogen.

Sinbad01

Well said - UKOG seems an excellent investment at this price as the accumulated losses are very valuable. If only people had been wise enough to wait until this level of losses had been made, they would not now be complaining about the past.

Obviously timing a buy in is an art as the losses will become a bigger asset the longer they are made and existing shareholders pay for them - a good reason for bonuses to be cheered by the uninvested waiting for their buy in level of losses.

Did he read the tea leaves and decide a winter of discontent is brewing?

https://www.theguardian.com/business/2020/sep/25/sir-jim-ratcliffe-uks-richest-person-moves-to-tax-free-monaco-brexit-ineos-domicile

From the Lincoln Project

https://youtu.be/GPXATItZtBw

exiting = existing