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"We look forward to reporting on a healthy pipeline of development and commercial projects throughout the coming months. Current trading remains in line with our expectations. We are well positioned for growth arising from the commercial agreements with our existing partners, Sipcam and Eastman, as well as growth arising from entering new territories and registering further products. I look forward to working with the Board, our team and our partners to fully realise our ambitions this year and in the future"
- I was hoping for news of great Mevalone sales this month and next, peak time for botrytis in grapes, “full year results for product sales (primarily from Mevalone in pre-existing territories) will be highly dependent upon late season conditions and post season sales efforts”. The full product launch of Cedroz by Sipcam in Italy is next year, though they sold a trickle of it without trying, ahead of official launch, this year.
Well yesterday we had a big sell that only showed up after hours. I hate those but they do explain price movements, and those ones are not PI deals. If there is a bad RNS soon I hope the FCA investigates for any insider dealing. This could equally be chase me tail stuff. No way to know, just wait and see. I remain suspicious.
NB that is not an anti Nano post, I still reckon it will get a nice order before the year is out at some unpredictable time, it is just a post that I don't believe in the bizarre intra-MM signalling by number of shares traded, theory. It would be completely unreliable. They would just use encrypted dark web emails or messages on private phones. Funny how often AIM stocks go up or down a day ahead of a good or bad RNS. I don't believe in MM manipulation or tree shakes or any of that stuff either, but I do see clear evidence of insider dealing sometimes. I wonder why MATD is tanking today. Sometimes though, it is chase me tail, people know there is insider dealing on occasion and they see a dip or rise and more and more sell or buy as a herd when it was just a normal dip. That is the corrosive effect of insider dealing.
Meanwhile we wait and see if Nano, not related to the above which is general to all shares, can bring us good news. I acknowledge that we do need to sell something for decent value soon though.. if we fail to, eventually we run out of cash. Decision on ROSH extension re cadmium, when ?
Maybe someone read some B/S about trading in X shares signalling an RNS is due, figured enough people might believe it and spent a little dealing fee on doing a trade that size to get some of you to buy and push the price up so he could sell his holding.
Did you read what I said. They went up a day ahead of the RNS. It is great for a stock you are holding, but at the same time a little bit fishy as if that happens a lot ahead of good and bad RNS's then it means insiders are making a better return than private investors. The rise or fall is already there by the time the RNS comes out. For me this is a bigger fear than MM manipulation, as I have seen it several times even quite recently. Anyway, if no bad RNS tomorrow then the fear is in this case, misplaced. People who have private information shouldn't be trading at all until it is public. Not fair on the rest of us.
In several of my oilers recently, they have gone sharply up AHEAD of a great RNS. I have a terrible fear this is a sign of the opposite. Hope that is not the case. I dare not casually dismiss it as a tree shake or MM manipulation. Not all trades show up you know. Dark selling.
What a brilliant list on the Wikipedia article. On 19 July 1984 I was staying with a schoolfriend's aunt and uncle in Liverpool and I remember it happening just as I came down for breakfast. The wiki says it was M5. I remember it as slow shaking, not a quick judder, and I thought all earthquakes were like that until late February 2008 when I was staying at Long Sutton, Lincs, and in the small hours was the M5 centred, apparently, on Market Rasen. That one was faster and more juddery, as if the washing machine had started up. Both lasted only seconds and neither was scarry, just interesting. Thus by total coincidence I experienced 2 of the biggest quakes in Britain across my lifetime. Neither of these M5's did any harm that I am aware of, apart from pushing other stories out of the news, though I know that the February 2008 one tripped Immingham CCGT/CHP (vibration sensor). Sutton Bridge CCGT was proud to have not tripped.
Be aware that drilling holes and then fracking them for geothermal energy is entirely outwith the rules and regs for fracking with a view to oil and gas extraction, and even if microseismicity is triggered they needn't stop. I am not suggesting that any fracking for geothermal energy is in place in Cornwall at present, it is just a very interesting discrepancy in the regulations. Geothermal energy is favoured by environmentalists so it gets a "let" from activists for any any small earthquakes during the frack phase, and they are not used to beat it up and make them stop.
A new report from Bloomberg New Energy Finance (BNEF) suggests that the expected shortfall in lithium supply, and therefor a rise in battery prices, is not happening. Instead, there is a glut, and it is forcing prices down.
This is the result of six new lithium mines opening in Australia (the world’s largest supplier of lithium), just as the Chinese EV market has dipped. This has resulted in a glut of lithium ore supply as EV production in other countries is still ramping up, so it is not yet needing the extra material.
According to the BloombergNEF report, prices have fallen 30% from their peak and the bottom is not yet in sight.
On top of this, Australian lithium production is expected to rise 23% over the next two years, plus the second largest producer of the element, Chile, is planning to double production over the next four years.
Serious kite flying by BEIS about relaxing the microseismicity limit on fracking in almost all papers from Friday, subject to a report from the Oil and Gas Authority, and everyone here is making small chat and squabbles, no comment on these new stories at all. Leave RizRonald alone and let us chat about the firm ?
I have noticed reports that August could potentially be the wettest on record in Britain and Europe. I have no idea how on earth anyone can possibly say that on day 13. However I just looked at the forecast for a few places like Alsace, and it does seem to have several rainy but warm days (botrytis risk). The crucial advantage of Mevalone (in Italy it is marketed as 3logy and in Spain it is marketed as Araw), is that it can be applied right up to harvest and you can eat the grape even the day after, no problem. The other botryticides must all be applied at least 14 days prior to harvest, to give rain or dew a chance to wash them off or disperse them. So rain in the second half of august and early September will be beneficial to potential Mevalone sales for a number of grapes/regions. Last year, it was really dry and hardly any botryticides were used, my nearest English vineyard (I did a tour and met the ops manager just so as to ask) didn't have to use any botryticides at all last year, it was the first year they didn't (Mevalone not a choice, not licensed in UK, too small a market to bother yet). How my heart sunk at that. So at least if it rains and you are on holiday in Europe, in a grape growing area, if you own Eden shares there might be a rather odd "upside" to that rain !!!
https://www.bloomberg.com/news/articles/2019-08-05/the-top-miners-are-split-on-how-to-chase-the-ev-battery-boom "BHP sees an abundant global supply of lithium, and regards cobalt as at risk of substitution, reducing the attractiveness of both commodities, Chief Financial Officer Peter Beaven said in a May speech. Rio also remains wary over cobalt, while Glencore CEO Ivan Glasenberg said in 2017 the company has “zero interest’’ in lithium". D'oh. Seems like I should find a nickel miner to invest in ...
hTTps://www.agprofessional.com/article/bayer-pulls-nemastrike-2020-citing-skin-irritation-concerns tee hee, the rival nematicide to cedroz in USA is filthy stuff apparently and just got a ban. And cedroz licensing expected in USA 2019 (NB this is also true of mevalone and the not treatment). Marketing partner for USA cedroz and mevalone already appointed. So we are ready...this ban is splendidly timed. Ideal if approval of eden comes fast USA.
Normally when I "think" a share price is "too low", that is merely because there were risks I didn't perceive. I am generally wary of commodity shares. So much can go wrong. But this share is more or less floored at 17p, and there could well be higher offers at say 20 or 22p, so the current SP doesn't seem that generous to me. The chance of a higher offer, I guess as fairly good.
https://www.ganintegrity.com/portal/country-profiles/mongolia/
Reading this caused me to sell MATD shares :
Corruption is a high risk for businesses in Mongolia when acquiring public licenses, permits or utilities. Most businesses find their operations affected by public sector corruption (Asia Foundation, Sep. 2015).
Mongolia’s land administration carries a high corruption risk. Citizens have identified the Land Utilization Agency as the MOST corrupt institution in Mongolia (Asia Foundation, Jun. 2015). There is a lack of clarity regarding the diffusion of responsibilities among the central, provincial, and municipal levels of government.
Corruption is a very high risk in the public procurement sector. Most surveyed companies in Mongolia report experiencing corruption in public tendering and contracting (Asia Foundation, Nov. 2015). Bribes and irregular payments are commonly exchanged in connection with awarding public contracts and licenses:
Mongolia’s mining sector is perceived to be highly vulnerable to corruption. Most companies rate mining as among the sectors MOST vulnerable to corruption (Asia Foundation, Sep. 2015). Around 80 percent of FDI has been directed towards the mining industry; however, government involvement has disincentivized investors in recent years. Under the Minerals Law and the Nuclear Energy Law, the state is allowed to acquire equity stakes ranging from 34 percent up to all of certain deposits deemed "strategic" for the nation, which often involves the mining sector (ICS 2015). Investors question the ability of the state to deal with the conflict of interest arising from being both a regulator and an owner-operator (ICS 2015). In 2013, a criminal court revoked 106 mining licenses that had been granted by an official found guilty of corruption !!! (ICS 2015).
Oh look, nano RNS c.18:00 today, Lombard something asset management bought a few more financial instruments (longs) that somehow give extra voting rights as if you owned the stock. I don't completely understand but it sounds good.,