George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Would you sell Scott ? there's alote going on in the world and the next bullet is US cpe data, which they now saying could send interest rates up.... potentially causing 10 to 15% correction..... çhina doing what it can to get commodities prices down, then they will fill there boots.. its a nightmare to predict and timing at the moment.. .....
I think the smelters need good quality coal aswell as the ore ? Glen have been poisoning themselves the last few years, buying copper mines, building their own smelters, Teck, getting rid of the baggage mines, reduced divi this year to pay for this gearing up, Glen are putting themselves in a great position for the future demands of basic raw materials, threw to finished product.
Do we have any key dates, for the next hearings. Any ideas when this will all be finalised ?
Cheers DT, keep posting the charts info resistant & support levels, interesting stuff, I am longterm and do alote research, I believe in the numbers just haven't got into it yet.. one things for sure with Glenda.... we are in for a thrilling ride as always the next 12 months,,, copper, commodities, Teck deal, China, interest rates, electrification, oil countries getting into commodities.... never a dull moment with these babies.. roll on £6 & beyond.
On this basis, would you make more selling just before ex div date, then buy back few days, weeks later ?
This is GSK problem, capped prescription prices and back dated over charges, last quarter of this year, all that profit the usa government wants it back.. they have passed the bill. google it, does not read well..
This is going to hurt the big pharmaceuticals, how much is priced in ?
The Boss of Glen might be hinting at splitting coal off, just because of the amount he is actually selling, prob dosnt look good on Glen the volumes they are doing at the moment... the heatwave in America is crippling their power supply all those aircons.. I know India are buying , China will definitely be filling their boots.
China are building new coal power stations aswell, they not giving It up, India buying coal aswell, I would say on the quiet we are selling loads of the stuff, cash cow make hay while the sun is shining.. good lad Billy you are the god father of this Glen board and have been for many years...
The million dollar Q, short sharp drop and the 5 trillion on the sidelines already, jumps back in and sends it back up. Or it's long & painfull ... do we turn the computers off for a year and ride it out, or run for the hills... decions decions all rìght...., and it's not going to take much more bad news, for that sharp drop... possibly this weeks data reports. My head hurts
They are simplifying there global strategy, focusing on larger, longer life mines, which cost less to operate, i just read a article on it, they still getting plenty out of CSA mine in the future, they have all sorts of conditions tied In..