The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Addic I have the equivalent of permanent leave to remain in Mexico. Most of my extended family live in Mexico and I know perfectly well what it is like to live there having a house in Leon Guanajuato. Most of the illegal immigrants are entering from Mexico to the USA but the vast majority are not Mexican. They either come from India, Africa, the likes of Honduras, El Salvador or other similar countries. The number of unauthorised immigrants in the US actually fell by nearly a million from 2017 to 2021.
Yes the Cartels have influence and they kill each other a lot. Its never impacted me - or anyone I know.
Addicknt the concept that Mexico is a Narco state is ridiculous. That its the worlds largest is frankly stupid. I mean the Syrian government is the largest manufacturer of Captagon flooding the middle east with it to raise fund for its civil war. Many other examples.
Yes Mexico has problems - almost all because of the border it shares with the USA but if you visit Mexico I think you will find it is quite a nice place.
Further to my previous post, on the basis of what you are saying why did BHP pay 22.15p a share in November 2019 and not the 45p they paid in October 2018?
They wont get 16p at this point which is probably why they will look at other financing options.
Fortissimo they took the shares at 16p they were trading at 16p - ie they paid no premium. Why would you expect them (or anyone) to pay an almost 70% premium? They are a business, not a charity. What do they get for that 70% premium? This is why we should have been raising finance when the share price wasn't in the doldrums (in my opinion)
Fortisimo, you say the last placing was 16p and there is no reason why they should sell the CGP shares for any cheaper.... Id say a good reason is the share price is now a lot lower. Thats more than a 50% premium. Solg have never done a placing with that sort of premium. BHP was 30% premium in 2018
We were trading above this price because of take over speculation.
The base price remains value of assets.
I would love for us to get good money from non core assets - just dont see it happening. How much did Solgold pay for Acapulco Mining Pty Ltd and all its exploration rights in Australia (I know it was shares) but it equated to less than 2.5 million.
The companies assets are its Tenements. If they are non core that would suggest they havent had much / any exploration. As such how much are they going to sell for?
Even if you go to Porvenir which has had some exploration.... if it was worth anything we would not be trading at this price.
Imbabura doesnt have a Mayor, its a province so has a Provincial Prefect. Ive looked on his Facebook and nothing in March.
Ibarra has a mayor and there is a Facebook page for the mayors office - again nothing in March. 100% they wouldnt be signing anything 2 days ago as its Semana Santa. That aside I doubt very much a mayor will be signing anything of note that will impact us.
Further to my previous post, as of the 22nd of March out of 221 cantons in Ecuador 38 are in the red category (with the highest restrictions), 23 are in Amber (mid restrictions) the rest - 160 are in green with absolutely no restrictions. As such in reality 72% of the country is not under a curfew.
Needalife
I'm pretty sure people get murdered in Australia. That it is a mayor is hardly makes it much different. It would be somewhat difficult for Australia to have a Presidential candidate murdered, given you have a King and not a president.
In theory there is a national curfew but given most areas are "green" and have no restrictions in practice this is not the case.
If you think Australia doesn't have kidnappings and extortion you need to start reading the papers.
As per UK travel advice Quito and the area that Cascabel are both green - ie perfectly fine to visit.
I really think you are making a meal out of a mole hill over this. The president is bringing in security and Ecuador is much safer than many countries in the Region where very successful mines have, and are being built.
Do they not have violent crime, particularly assault and theft in Australia Needalife? Just to note that the travel advice level for Quito is the Same as the whole of the UK.....
I mean frankly to suggest that you shouldnt be worried about theft or assault in any Latin American City would make you a silly fellow indeed.
To be fair "TheSkull" what the government should do is bring in immigrants to do work and when they have finished let them go home with the money they have earnt. Remove the route to citizenship. That is exactly what Qatar does.
As an aside I have done plenty of manual factory jobs including in the many food factories in Wigan. The only one I couldnt handle was the pork scratching factory....
Quady it was a typo. Net Migration year ending June 2022 was 745,000. Net Migration year ending June 2023 was 672,000.
Again if 606,000 is correct it is the absolute figure not the net figure. So should be compared to the figure of over a million.
Well for a start they aren't correct because its the wrong year.
In the year you are talking about when 750,000 came that was 2022 and was net. If you are going to use net figures then you have to use it for students which you arent. It may have been 600k (I cant remember but I think that is overstated) but that is out of almost 1.2 million not 750,000.
You are talking about fake news yet you are distorting figures as above.
Again 129,000 graduate visas were issued in 2023 - they are visas that only students in the UK can apply for. On top of that there are work visas (including in care roles). So where you have conjured up 2000 from is anyone's guess.
We dont get many foreign doctors, scientists and engineers from people who study at UK universities. Yes we import ready qualified ones in their droves. But they dont compensate for the rest that come and are destroying the nation.
Japan has low immigration.
Quady your figures are wrong.
In the year ending June 2023 1,180,000 people came to the UK. At the same time 508,000 left giving a net figure of 672,000.
In the year ending June 2023 it was a net figure of 745,000 which I assume you are talking about.
As to the students..... its a back door to live in the UK. I work in the Middle East and I know numerous people using this purely as they state "to get a passport". They arent going to Cambridge, they are going to East London University, or event Wigan and Leigh College. Its an absolute con and the useless government does nothing about it. In year ending 2023, 129,000 graduate visas were issued - that's 129,000 people who will not be leaving the UK, and compares to the 210,000 visas issued in 2020 which is when they will probably have started their course.
The family visa is also abused. You can bring your family over if you have a certain amount of money in the bank. Certain communities in the UK pool their money to meet the threshold to allow for someone to bring their wife (who will most likely also be their cousin) over. They will then move the money to the next person. Its a racket. Again I personally know people who have done this.
BBG is in the know? God help you if you think that. He posts the most ridiculous claptrap I've ever read. He is literally the only person I have ever in my life blocked on twitter. He is in so over his head it is sad. I feel genuine pity for him. If this share doesn't turn round he is clearly in trouble which is why he posts all the nonsense - he is absolutely desperate at this point.