Member Info for nomlungu

r7632,

VW do have a deal with Ganfeng (link below). But, the factory announcement says that they are targeting production starting in early 2024 (nearly 4 years into the future). There might be a bump next month with the first part of Tesla's delayed Battery Day.

https://www.volkswagen-newsroom.com/en/press-releases/volkswagen-group-secures-lithium-supplies-4804

£12m placing at 76% discount - when I said there would be a deeply discounted placing on that board around the beginning of the year the posters there were really upset and called me 'mean' and uncaring etc.

Looks like greed got the better of many again - chasing bottomed out shares is a dangerous investment philosophy. It will be worth a trade when it goes beneath the placing price; might take 6 months though.

Tut tut - hang your heads in shame rampers. At least some of you had a bottle of scotch waiting for the news.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TRX/14549773.html

Tut tut - hang your heads in shame rampers. At least some of you had a bottle of scotch waiting for the news.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TRX/14549773.html

The post from twozuluzulu made me go to PHC's website where I noticed that there are now links to a Webcast titled 'Chris Richards Discusses 2019 Results' as well as a PDF titled 'PHC Company Overview 2020'. They are worth a watch / read.

https://www.planthealthcare.com/investors/reports-and-presentations

Short answer - No; Long answer, not yet - see below:

Unfortunately sales to Brazil were down by 64% to $0.4 million in the 2019 financial year. Sales into Brazil are mainly targetted at the sugarcane market (the product is Harpin aß). Half of Brazil's sugarcane is used to make ethanol and that market has been severely affected by Covid-19 and the associated crash in the price of oil. On page 18 of the 2019 accounts it states:

'As a result, the sugar cane industry is struggling. In addition, the response of the Brazilian government, particularly recent statements on the need for suppliers to extend payment
terms, has led many distributors (including the Group’s distributor Coplacana) to stop sales for the time being. It is not clear at present how long this disruption will last.'

PHC submitted an application for the Soybean Rust product (PHC279) for use in Brazil in October 2019. No approval announcement has been made yet.

Unfortunately, Bolsonaro seems to be an underperforming President. His opening up the Amazon to development may increase the acreage that is planted with crops that will benefit from PHC's compounds but his approach to Covid-2019 and other matters may end up doing more harm than good. However, I am expecting significant demand for Brazilian soybeans from China in due course as they try to rebuild their Pork industry that has been devastated by African Swine Fever.

Another version of the same concept - will the Yanks beat PHE to the post?

https://newatlas.com/energy/sgh2-cheap-green-hydrogen-california/

'which isn't really enough for us to consider it to have a proven product'

Proper quality article but I thought that oil might be 'a proven product'?

But is VAL sailing through the eye of a storm? The hurricane season has started early this year...

From £40 to 73p - some would say it is heading to the glue factory once the shorters have finished feeding off the meat.

Why do they want us to wear masks when the study was done Hamsters?

https://slate.com/technology/2020/05/hamster-study-masks.html?via=taps_top

ocelot,

I have no access to the details of their holdings. If you do have access to that information I doubt that they would want their confidential information posted on a bulletin board. Nice try...

'Perhaps Riverfort scent a share price rally in the offing and want to load up before it gets going'

I wonder how many times people thought that when they converted shares at higher (and higher) prices previously? But if people keep ramping at least it slows the share price decline - it is only down 60% over the last 3 months.

the url says enough...

https://www.bloomberg.com/news/articles/2020-05-20/u-k-bond-sale-may-be-first-at-0-fueling-negative-rate-debate?srnd=premium-europe

negative rates scare me [if they are imposed on my accounts]

The nominal value of UKOG's shares are 0.01p (one hundredth of a penny). There is no limit to the number that can be issued; consolidation costs and some would complain if scarce funds were spent consolidating when it is not necessary.

Topping up your whisky before midday - you must be confident of good news soon; keep the good spirits up.

Honorary Colonel...

Worzel7,

I was just thinking about a short-term lithium trade as it will be Tesla's delayed Battery Day soon and a lithium iron phosphate battery is likely to be presented. Throw in some electric vehicle stimulus and lithium could spike again over this summer.

Is a financial writer at the American Institute for Economic Research - his blog is interesting:

https://jpkoning.blogspot.com/

I did not know that there are Giant and Titan Pound bank notes [£1m & £100m] - learned something new today.