Member Info for Nthoftheriver

Biden's expected Energy Department pick, Granholm, could lead charge on electric cars

https://twitter.com/reutersbiz/status/1339484254485557250?s=21

https://twitter.com/davidbelle_/status/1339212647779225600?s=21

Hopefully we can see a bit more movement in the SP today.

Maybe more news articles on 20K BTC might get the public attention. Gotta be optimistic.

Good luck all holders

NM

Fair enough. Only hold my share in my ISA & SIPP, a lot easier to deal with.

Hopefully we all are winners in the long run however many or which format you hold them in.

Wasa,

I know I have said in the past I would de-risk at around 10-12p. But that was on the assumption we would be there around now and the finance was was announced. Does seem with Nickel well over the $14K base case it may well be at 15p for the finance. To me that means probably only need to sell say 20/25% to de risk due my current average SP. So will be very happy with that.

Seems they have committed to reduce by 55% by 2030.

Going to push for more green energy useage and increased use of EVs

Thanks for the feedback chaps.

Now hold 520K and may add more, but trying to keep a check on my enthusiasm as to when to top up further.

Kiwi, I’m long so agree with the view. Just trying to understand why past analysis of drops for BTC are guide to future drops if in the long run BTC is seen as a store of value against FIAT currency.

I am trying to understand better the case for investing in BTC (ARB as a proxy). If one assumes that BTC is a store of value against FIAT currency in the long run. Then why are people like Paul Tudor Jones, Stan Druckenmiller, Raoul Pal, Michael Sailor to name a few buying BTC when Chartists say BTC is prone to large falls, 30,40 even 70% in value. Doesn’t seem to me a good store of value let alone a stable currency if that’s correct. Ok if you’re holding say currency in Zimbabwe or Venezuela those kind of drops or volatility are probably acceptable.

But surely holding say $500M in BTC (i.e. Mircostrategy) and seeing a 70% loss isn’t very astute investment planning, unless you’ve got some serious write downs to offset. Maybe they think that past volatility is just that. As BTC gets more adoption it will become less volatile and more stable for actually serving as a alternative currency and a store of value.

Any views on does BTC have to follow previous form. Personally don’t think so, but there seems, at least on YouTube a lot of chartist predicting/suggesting largish drops based on historical analogy.

I’m essentially holding ARB, as trading in and out isn’t something that suits my style. Be interested to hear what others think.

Thanks Wallyj,

much appreciated

AIMtodeath,

“Events dear boy, events..” (Harold Macmillan)

Think I’ll call it a day on that. Lol

Must admit thought that was a Mark Twain quote

“Prediction is difficult- particularly when it involves the future.”

Lilium partners with Lufthansa Aviation Training to select and train pilots for Lilium Jet (9.12.20)

https://lilium.com/newsroom-detail/lilium-partners-with-lufthansa-aviation-training

Nice.

Not that we are in the Nickel business judging by our SP, lol.
At some point that’s gonna blow up if Nickel keeps this up.

While terms of the transaction were not released, Uber has agreed to invest $75 million in Joby Aviation.

SMT took a position in Joby & Lilium earlier this year.

https://www.cnbc.com/2020/12/08/air-taxi-start-up-joby-acquires-uber-elevate-.html

Nice to see it’s still well above $16,400 ( currently $16,450).

Maybe we might get above 7p this week. At some point, you would think that someone would see we are too way too cheap. Meanwhile back to watching paint dry. Lol

Good luck all holders

Tony,

Araguia a is focused on the SS market. If the EV market doesn’t need nickel tomorrow it won’t impact what Araguaia. Sure the overall Nickel demand/price would be impacted. But we are a low cost Tier 1 asset. A lot mines won’t be viable if this happens. So making our mine more that likely to be developed to suit future needs.

Additionally,

SS prices have seen annual growth of around 4-6%.
Araguaia was HZM first Nickel mine prospect and always targeted the SS market. Vermelho was bought to offer class 1 nickel (EV) opportunities. However it is can be developed for the SS market along with Serra Do Tapa.

Airbnb boosts the target range of its IPO

https://www.cnbc.com/2020/12/07/airbnb-plans-to-raise-the-price-target-range-for-its-ipo.html

Brasso, if we get a reasonable rise in the value of BTC in the next 3 to 6 months , then that 390 may well be over 500 by then. (Assuming our overheads don’t go mad).