Member Info for nomlungu

Jonathansxx / RichKen,

Thanks for the comments - unfortunately Vanadium Flow batteries are too expensive to me; I am expecting large Grid scale batteries based on Zinc to take the market. My understanding is that the advances in Zinc battery technology is partly behind the fall in Bushveld Minerals share price.

Whether I am correct or not, I am risk averse so stay far away from any company involved in Vanadium.

The last sell on Friday was at 0.0303. At 125-1 consolidation that price becomes 3.7875p. The Bid is 3p. 3/3.7875 = 0.792.

Well done Valirx - down a little over 20 percent on consolidation - is this the share that keeps on giving, but only to the BOD and city spivs who provide financing at deep discounts.

Companies like this give AIM it's dirty reputation.

It is why you / we need a Tesla Powerwall or equivalent which is hooked up to the Grid and has a feed-in tariff. Consumers are regularly paid to consume (so storage is an option) when there is too much juice in the Grid and then paid to offer power to the Grid during peak demand (advert breaks in popular soaps in the evening whilst heating is on).

Unfortunately, a decent home system is still in the region of £25k and the Government is currently changing feed-in legislation. This will certainly be a growing part of the Economy in years to come.

Deflation is here - cash is no longer king; it is the new Supreme Being.

https://www.bloomberg.com/news/articles/2020-04-05/reeling-world-economy-slammed-by-dangerous-disinflationary-shock?srnd=premium-europe

Admitted to hospital - not good.

In the last 1/2 year accounts they posted expenses ot £30k per month and a cash balance of £843k - thats 28 months cash burn (even though who knows what they are spending the money on; your educated guess is as good as mine).

It could also suggest that UKOG overpaid for Tellurian's stake in Horsehill - there are 2 sides to every (doubleheaded) coin.

Not quite correct - the 'National Debt' is the total of the annual 'Government Debts' added up. That is, they are still spending on the Credit Card and not paying off sufficient to reduce the overall debt so the balance keeps increasing.

The 2 faced bar steward is gaslighting us - and how much do Black Rock pay the fc uk er a year to monetise his access to those in power. Would they be paying him £850k if Labour was in power? Of course not so remember to read between the lines that politicians speak - I would try and get away with any lie / creative comment I could to save a part-time wage of £70k a month.

Another lying piece of scum politician. In May 2010, when the Coalition began, the national debt (excluding debt held by public sector banks) was £1.03 trillion. As of March 2019 it had risen to £1.80 trillion.

The FC UK ing Conservatives have nearly doubled the National Debt whilst running down the NHS, local services the Defence Forces, Social Security (and, of course, taxes for the well off).

'Shorter-winged birds were found to be less likely to return to their breeding grounds after their first trip to Africa.' Another one bites the dust?

https://www.theguardian.com/environment/2020/apr/01/nightingales-at-risk-due-to-shorter-wings-caused-by-climate-crisis

Interesting:

https://www.acsh.org/news/2020/03/26/problem-remdesivir-making-it-14665

What bounce you spammer? We are entering a depression...

Buffett has said 'when I see memos from Howard Marks in my mail, they're the first thing I open and read'. His Oaktree Capital Management memos are worth reading, especially in turbulent times.

https://www.oaktreecapital.com/docs/default-source/memos/which-way-now.pdf

#me_know_nuffing

It looks as though the Brazilian Robusta harvest will fail because of travel restrictions preventing migrant labour getting to the plantations. The future premium for Sept 2021 is only 10%; must be underpriced?

https://www.barchart.com/futures/quotes/RM*0/futures-prices

I am looking for an agricultural trade to pay next years bills...

From John Pike's site (last updated yesterday):

https://www.globalsecurity.org/security/library/news/daily/index.html

Bad News Wrapped in Protein: Inside the Coronavirus Genome (NYT article)

https://www.nytimes.com/interactive/2020/04/03/science/coronavirus-genome-bad-news-wrapped-in-protein.html?

I see the new poster is from Oil Drum Lane. Was Steptoes banned?

Mother Jones interviews Elizabeth Warren on 1/4/2020 about Trump's $500 billion slush fund - tragic it is not an April Fools joke.

https://youtu.be/9xoirHfDgGE

Muddy Waters strikes again:

https://www.bbc.co.uk/news/business-52146498

From this months newsletter:

https://mega.online/en/articles/environmental-footprint-of-bottled-water

https://mega.online/en/articles/role-of-investors-in-shaping-a-sustainable-economy

The articles are always worth a read (especially if you are looking for an edge in the pursuit of the good stuff [money]).