Member Info for PortfolioPower

Not really posted much in the past month

I did mention WBI a few weeks ago (actually only a couple of posts back in my history)

Since then it's moved up nicely and floor looking like it's in with seller apparently cleared and RNS notification today from the company regarding this matter.

I think Tro used to be in here and possibly some of you others?

Always felt the true value here is somewhat unknown quantity due to the potential blue sky value in their carbon credits (whenever this comes to fruition) alongside the bread & butter timber business.

Interesting chart on a mean reversion basis.

Rick Rule featuring on today's Sunday Roast Podcast

offers unique perspectives from one of the most respected voices in resource investing, Rick Rule. Don't miss out—tune in to kick off Season 9 with a bang!

0:00​ - 10:34​ Weekly News Roundup

10:34​ Rick interview

36:12​ Rick Ranking ( #SVML​ - #JPL​ - #CGRN​ - #ATN​ -#GLR​ -#POW​ )

59:43​-01:05:48​ Comment on Rick Interview

01:05:48​ Movers and Shakers

01:09:01​ Zambia Copper #GLR​

01:11:04​ Rome Resources #RMR​

01:13:57​ Helium Georgina Energy #GEX​ - Helix Exploration #HEX​

01:19:45​ Voyager #VOY​

01:20:33​ Firering Strategic #FRG​

01:24:19​ COBRA #COBR​

01:26:23​ Amaroq #AMRQ​

01:26:50​ Artemis #ARV​

Drax are planning to be global leaders in carbon credits

I suspect the carbon credits sector is about to become extremely lucrative

Maybe buy yourself some woodland and you'll be able to put it onto the blockchain and sell carbon credits and offset your own use. ;-)

At some stage WBI will no doubt get a massive ramp when this becomes flavour of the month

These are usually really good ones to learn to chart and scalp with.

Repeatedly & regularly taking a few percent on the rises and then buying back on the dips.

The spread is always next to nothing.

Safe in the knowledge that it's a share that if you end up having to hold for a bit longer than a few days you would be veey relaxed about it, as it comes with a healthy dividend AND therefore any unexpected pull backs that you failed to sell ahead of, will alway be aggressively bought back in the fullness of time.

Been on the watxhlist for a while. Not done anything so far.

I know it has been discussed on here previously

RNS

In total, the Placing, Subscription and WRAP Retail Offer have raised, in aggregate, gross proceeds of approximately £4.20 million for the Company, via the Placing and Subscription of 55,633,333 Placing and Subscription Shares and the 14,322,060 WRAP Retail Offer Shares, amounting in aggregate to the issue of 69,955,393 new Ordinary Shares.

The gross proceeds from the Fundraise will enable Prospex to acquire 7.5% of HEI. This increased share has been made feasible from the success of the oversubscribed WRAP Retail Offer.

-

SP has just fallen back to the placing price.

Might be worth doing a fresh deep dive into their production assets and planned expansion, further drills etc.

.

Ran up towards 20p last year

6p now

Yeah sorry Dai.

Markets are heading into the usual summer malaise.

We are getting closer to fed rate cuts.

Still feels like the US election is a long way away

Who knows what is likely to happen between now and then

With the election on 5th November.

Bound to be fireworks.. :-))

Agree, sadly, that would never serve big state or big corporations.

Here in a quick 4 min youtube clip on 'the symbolism of the Windmill in Animal farm.'

https://youtu.be/6zq6V9Ynswg?feature=shared

There are many who have pointed out the parallels that exists between Orwell's Windmill in the book and large energy projects around the world.

It's probably best not going down that particular rabbit hole!

If the return on investment less the capex build out infrastructure of off shore wind power and ongoing maintenance is less than the funding cost at present commercial rates then no right minded private company or financial institutions would invest into this technology.

So YOU are going to have to foot the bill and not share in any upside or returns on investment.

Amazing deal.

Dai,

Here is a chart showing the European Natural gas prices (zoom out over the past 5 years)

https://www.barchart.com/futures/quotes/TG*1

Gas prices have actually collapsed 90% from their peak

Within the UK the government is forcing the domestic suppliers to change you and everyone else a "green levy' on top of your bills.

From what I understand eve the suppliers wanted this scrapped to help customers out.

Its abother example of the multiple so called stealth taxes imposed by government within the UK all in the name of the green agenda/climate change.

"How many companies report successful drills"

Specifically in the oil and gas sector.

I remember reading a figure of around 21% from an investment bank report of a few years ago covering all results globally over the previous calendar year by all companies.

So around only 1 in 5 of global exploration drills in oil and gas produced a positive result.

From memory the C.o.S of the He1 land packages was much lower than that.

Everything eventually bouces back....

Just difficult to know where the floor is.

Combine everything that's going on, with the normal drift down over summer and that's what we are seeing atm.

Charles Schwab trading platform is down.

Hearing some other US based platforms are down.

Berkshire Hathway presently sat on $277 Billion of cash

I'm holding plenty of cash and precious metals atm

No doubt the big hedge funds will be racking it in on the wider market misery.

Those big tech stocks were trading as silly valuations so not surprising to see a massive rug pull.

Even Warren buffet has been selling his apple and holding lots of cash.

If its good enough for Warren to move to the sidelines for a while.... it's good enough for me!

Likely a combination of global conflict escalating , bricks countries selling off US treasuries and loading up on Gold, if the dollar collapses it won't be pretty. Iran about to launch a strike on Isreal ain't gonna help calm markets.

Don't need too many consecutive days of heavy losses on global markets to really stoke up fear.

This isn't a normal sell off.

When it's a global 'everything sell off'..

Usually something bad about to happen.

Andy Schectman has never seen anything as undervalued as silver is right now and he points out that the suppression of silver prices by the Western banking cartel is allowing Eastern buyers to accumulate the metal at a record pace. Andy believes that silver's use in war technology is being massively underestimated and when the market wakes up to how much silver truly is vital, price manipulation will be broken and silver's true value will shine through.

https://youtu.be/94glSypD7sc?feature=shared

00:00​ Introduction

00:38​ Drawdowns in Silver Supply

14:03​ Silver Demand For Solar

18:15​ Silver Retail Demand

24:04​ Institutional Investment in Silver

30:41​ China is Buying Hand-Over-Fist

Tro,

Funny how we were discussing the dot.com boom n bust just last night and today we see the likes of Intel tanking 33% and even Amazon down 15% at one stage.

Intels worst day since 1974.

I think the US Market was just waiting on any negative trigger to sell off hard as some of the P/E ratio's had risen to unsubstantiated levels.

S&P having its worse day for a couple of years.

No doubt someone somewhere will have loaded up a massive short on these US stocks :-))

Was down -33% intra day at one stage....WOW.