Member Info for Supercharger

Melrose will have continued with the rather specialist Insurances that GKN would have had since its takeover of their Business, etc, who will be able to determine what has happened, and no doubt will also be looking at the maintenance agreements that are in place, and it might not even be GKN or Melrose responsibility in any case if any loss has been caused, even if it is just business interruption insurance, the risks will no doubt be spread between insurers and reinsurers. GLA

RR Reliable as always.

Defence we know RR are a major power supplier for Ships and Aircraft, etc. Nuclear or Gas turbine. However a large income is from Servicing commercial jets too? What's going to happen with so many grounded from a short term war? Owners/ Carriers will want RR to service them whilst being unused to save lost time on the ground! Therefore RR will see short term benefit from the situation and increased demand in more than one qtr. Interesting to think about it!

Maybe the market is positive in advance too? Always a good sign I suppose.

Very much an expanding Company this. Still retaining interests in many other mining Companies too. I seemed to remember when we all inherited free shares paid in divi form for Aclara Resources (A rare earths mining company) that even though shareholder received proceeds of 80% Hoch retained their own 20%.

This is not just a one trick pony. One that has expanded interests across South America and Canada.

I am happy to be invested here for the minority interests that FTSE shareholders actually own of this great company. GLA -everyone has their own opinion, but when some say sell it is because they really want to buy! GLA.

Remember orders can be placed in advance of physical. Most broking houses don't actually carry precious metals in any case.

The metals are still in the ground and will not have disappeared. The value of Company is still rated on what has been identified and not just sales.

Suspect any water damage when the summer appears will soon dissipate. Fingers crossed that we have an interesting report soon on some progress.

Maybe the rain has cleared and once the sun comes out the production will soon be back at the prices for Silver and Gold on the markets. Perhaps they have sold,in advance too so not all lost here I feel this could rise quite steeply if we get an update.

No one will be wearing shorts in Brazil once the rains have gone!

After 37 years in the Aviation Insurance market it is very much unheard of for a RR engine to fail on its own accord. There are a number of reasons for a failure such as this. However the Aircraft would have been designed to run on one engine if one failed and it is even less likely both would fail unless they had been served with the wrong fuel, etc. Or both had Bird ingestion, again for both unlikely. No flaps were being used to gain lift and the back of the aircraft was down as were the wheels and it was as if the plane was coming back into to land? We do not yet know if there had been any outside or internal interference either and so it is far to early to tell, even if RR engine were powering the plane anyway. An internal explosion on board could have cut the fly by wire controls who knows, as the survivor said he heard a loud bang 30 secs before the crash. The Black box's will be found very quickly and I am sure we will know soon enough of the cause. RR engines from my experience are the best in the World and that is why their service centres around the World most likely serve 75% of all Worldwide Jet servicing whether it is for their own engines or not. I could not see any engine smoke before the crash to signify an engine failure. No thrust if the Captain said that does not necessarily mean engine failure. My heart goes out to all affected but the Aviation investigators are so good they will find the actual cause or causes as with most accident it might not be down to any one single event.

I suspect if nothing else other interested parties might well join the party or auction if there is going to be one. BP is in partnership all around the World with most of the Worlds largest Global Oil producers, many even have shared risks and rigs, or are state owned! I have a feeling there will be a lot of mileage in this one still to come whilst the share price is at a premium target price! If Shell are serious they will have to come forward very quickly if they are to stand any chance of a success at a price they can afford.

Not unexpected with precious metals being sort for safe havens and with the Central Banks having to put back orders to meet demand causing shortages in supply.

Surprised Fresnillo is down today as we see Hoch coming back strong, we should also follow later with the NYSE back on line? Mr T is also doing his best to help the precious metals whilst demand from the Electronics industry for new AI chips is undermining the demand. GLA.

Gold and Silver also on the rise (Not unexpected)-await further updates from the Precious Metals sector companies who

would not have expected the increase in sales prices when they issue their last statements. We can expected further profit growth on the ever increasing commodity prices for the safe havens metals, as well as the shortages being experienced in the retail sector and central banks. Reports of record sales of Gold bars even with the BOE who have needed to out back deliveries due to so much strong demand. GLA.

With the NYSE Market out today a great opportunity to buy some more at a cheaper share price.

Like others on the board I see no real reason for the fall. I also can see the war negotiations involving a lot more discussion with Ukraine and Europe who will eventually have to be included in talks.

With increased chips being produced for AI, also with greater Solar power needs the price of Silver and Gold for that matter now used extensively in modern electronic -is not going to fall very much at the moment and the shorters will have to come back in when Hoch issue their Final results with profits increasing on record commodity precious metals! GLA - do not be tempted to sell DYOR..

Looks like the precious metal miners costs will be well and truly covered now as World events are helping the safe havens prices rise and the precious metals prices are now far beyond what even the miners themselves would have been expecting. With new Gold mines coming on stream what a great time for investors here. If this continues any shorters will have to come back in and re-purchase too -perhaps even before yr end! GLA DYOR.

Have some of the best World investment Analysts and provide great longer term profits year on year. Always play down results by keeping a little back in reserve to iron out the curves to keep a strong upwards line yr on yr.

Will also think and act in advance after some in depth research. The world looks upon India as the fastest growing economy and some project they will one day take the second place role away from China to become the larger of the two economies. Clever move in my opinion with this one and less exposure to the political environment from the West where India can grow further not being loyal to any one nation. DYOR but this share is looking cheap to me with lots of room for further growth potential with funds available for opportunities as they see fit, as they develop?

Thanks for your advice Pacifico but think I will stick with Alantico and stay with my Fres, Hoch and the Aclara share I was gifted by Hoch. Now there an interesting Comp with Rare Earths in development -i.e. No need for Trump to buy Greenland or do a deal with Ukraine. Gla. DYOR.

Quote from HL of Company ceo statement on their web looks overall positive to me.

See bank of American still have a target price of £2.90 a share rather than £3.50 and rate this Company as a buy.

This may be inline with my Gold chart is showing a price rise of 36% for the year, and rising with Silver up 33% well over therefore what Hoch have said is the % effect on costs.

Their Brownfields also have set aside a budget because they have been producing more than expected, cost will be higher due to the new mines until they have economy of scale but production will be up in the future once on stream.

In this economic turbulent climate I cannot see demand reducing for the precious metals either, as the major economies fight for growth. Time to buy in my opinion sale over done over past few days. GLA DYOR.

Yeah and as the local currency devalues the local costs also reduce in real terms as the income from a USD producer increases the margin. So profits increase from a growing USD over local costs measured in a local currency. DYOR.

Costs will rise when they ae also opening new mines which have yet to join production. It was disclosed on HL of one such new mine I was not aware of to go with the recent announcements last year. Production at higher rates will increase the margin over costs in any case where the value of a precious metal increases further.

see comment today from the ceo "Eduardo Landin, Chief Executive Officer said: "The new Mara Rosa mine had a full quarter of operations, and, in Peru, Inmaculada continued to outperform expectations. Additionally, our acquisition of the Monte do Carmo project in Brazil is another significant step forward in our portfolio's development, and we are excited for the low-cost growth opportunity it offers going forward."

Great time for me to buy some more. IMHO.

Production up 15% and 16% and Gold and Silver up 35% and 36% for the year. Costs will naturally rise to begin with for extra production and will easily be absorbed in the rise and rise of the commodity prices. Good time for the brokers to add in my opinion. I will get in before they do! GLA.DYOR.

Management reports over the last couple of years suggested the strong Peso vrs USD was not helping Fresnillo. Well now thanks to Trump the Peso has sunk to 3yr lows! The earnings for precious metals are in USD and the home costs will be local currency.(peso) and so reduced in real terms. I doubt the Tariffs will affect Gold sold in USD and so this Trump thing might actually help Fres who are registered on the UK stock exchange. Interesting!