Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Consensus EPS estimates fall by 13%, revenue upgraded
The consensus outlook for fiscal year 2023 has been updated.
2023 revenue forecast increased from US$14.8m to US$15.3m.
Forecast EPS reduced from -US$0.033 to -US$0.037 per share.
Pharmaceuticals industry in the United Kingdom expected to see average net income growth of 29% next year.
Consensus price target of UK£0.15 unchanged from last update.
Share price fell 52% to UK£0.028 over the past week.
💱 All 11 Bitcoin ETFs finally approved by the SEC (Reuters)
Our take: Now that institutional money has a way to hold the asset that can comply with their mandates (ETFs vs self-custody), these ETFs could see inflows in the tens of billions over the next few years, which could support the price and adoption of the underlying asset.
Yes but the path to the next block subsidy halving, and estimates see it hitting in exactly 100 days.
The event will reduce the block subsidy, or block reward, earned by miners per block by 50% to 3.125 BTC.
Ukraine’s smouldering seven-year war with Russian-backed separatists on its eastern border has flared up sharply in recent days, following the worst clashes in months.
Four Ukrainian soldiers were killed — the largest daily death toll for government forces since the latest shaky ceasefire took effect last July — after an hours-long battle last Friday, north of the separatist stronghold city of Donetsk.
Kyiv and Moscow accuse each other of triggering the escalation in the conflict, which has claimed about 14,000 lives since Russia annexed the Crimean peninsula from Ukraine in 2014.
The Kremlin accused Ukrainian forces of resuming the hostilities as a prelude to full-scale fighting, which eased in 2015 under a faltering peace agreement brokered by France and Germany in Minsk.
“We express concern over the growing tension and express concern that the Ukrainian side might resort to provocative actions that could lead to war. We really don’t want to see that,” Dmitry Peskov, spokesman for Russian president Vladimir Putin, told reporters on Wednesday, according to Interfax.
He added that Russia, which has denied any involvement in the conflict despite overwhelming evidence it controls the separatists, considered it a “civil war”.
Peskov said Putin stressed the “lack of an alternative” to the Minsk agreements during a phone call with France’s president Emmanuel Macron and German chancellor Angela Merkel on Tuesday. Putin accused Ukraine of not fulfilling its obligations under the treaty and claimed it had “provoked” the recent flare-up, according to a Kremlin readout.
The pact has come under pressure because of Russia’s reluctance to acknowledge its role in the war and Ukraine’s resistance to giving the two conflict regions autonomy in its constitution.
The three leaders last met Ukraine’s president, Volodymyr Zelensky, to discuss the agreements in Paris in 2019, but made little progress.
Peskov said Putin, Macron and Merkel agreed that a new summit was “essential” but was only likely to take place after negotiations based on the Paris meeting resumed.
The US has expressed concern over the recent flare-up. On Monday, national security adviser Jake Sullivan told Andriy Yermak, Zelensky’s chief of staff, that the US had “unwavering support for Ukraine’s sovereignty, territorial integrity and Euro-Atlantic aspirations, in the face of continuing aggression”.
US European Command has raised its watch level to that of “potential imminent crisis”, the highest level, according to the New York Times.
The Pentagon said: “We are aware of the reports and are monitoring the situation. However, we will not speak to matters of intelligence but will provide an update when appropriate to do so. Regarding [watch] levels, we do not discuss details of intelligence for operations security reasons.”
Ruslan Khomchak speaking before parliament
Ruslan Khomchak, head of Ukraine’s armed forces, told parliament that Russia’s behaviour was a
Hi
I like the idea of Mooning Market becoming the Ebay for Bitcoin but missing a trick not being able to sell alcohol and tobacco. Not sure how i would feel about selling my house or car for Bitcoin either. No houses listed and a ****ty Datsun the only car!
How does this company generate income or where does it value lie?
Any help appreciated
IP Group holds an undiluted beneficial stake of 15.8% in Oxford Nanopore Technologies.
https://www.bbc.co.uk/news/uk-53632043
Ferrexpo daily pellet output drops 4% m/m in May
1 July 2020
Ukraine’s largest iron ore pellet exporter Ferrexpo (FXPO LN) produced 946 kt of pellets in May, which amounts to 30.5 kt per day, or a 4.1% m/m decrease, according to Concorde Capital's analysis of data reported by Interfax-Ukraine on June 29.
In 5M20, Ferrexpo’s pellet output rose 6.4% yoy to 4.74 mmt, or 31.2 kt per day.
Dmytro Khoroshun: We are upgrading our expectation for Ferrexpo’s 2020 production volume to 10.8-11.6 mmt (29.5-31.6 kt per day), or 3%-10% more yoy. The recent production volume guidance from the company was for a 9.3% yoy increase to 11.5 mmt (31.4 kt per day) in 2020.
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Jul 7Ferrexpo:2Q20 trading updateJul 9Economy:Inflation data for JuneJul 20Kernel:4Q FY20 trading update
https://www.stockopedia.com/amp/why-ferrexpo-is-a-mid-cap-stock-for-contrarian-investors-32378/
Thoughts behind Foxtons were:
1. They are fully funded
2. Nearly 500,000 homes ready to change hands
3. People with mortgages approved will be keen to buy as banks may not approve again due to job losses and furlough.
4. People selling will be keen to sell as possible downturn will lead to reduced prices.
This is a short term hold. There will be a burst of transactions from now for the next 6 weeks then things could go flat.