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“Labour hires Mark Carney to help unlock billions for spending plans. Labour has hired the former Bank of England governor Mark Carney and the boss of Barclays to help unlock billions of pounds in private investment after it was forced to abandon its £28bn green spending pledge.”
Assisted by Torsten Bell chief executive of the Resolution Foundation and the former head of policy for Ed Miliband and special adviser to Alistair Darling.
They're coming after your money. Before you realise, your pension monies will be whittled away. They've got form raiding pension funds. Keep your eyes on the 25% tax free withdrawal, after that it's open season on your savings.
Now they have to make up the Nom-Dom shortfall.
A long day indeed Hardup.
The same nonsense disruptive discussions led by the same disruptive wind up merchant that now goes under the name of StickyToffeePudd. The blokes a complete loser and yesterday acted like some sort of admin guru overseeing individual posts. If that wasn't enough he's now joined by another pharmaceutical expert COVID idiot under yet another user name.
“there's still a lot to do before the mine is up and running, I'm beginning to believe again. TheFarEnd...get your teeth into that...while you're here commenting on a share you don't follow.”
Suzy, if this company gets delisted, wound up, liquidated or whatever. You'll still be on your phone/laptop clutching your worthless digital records of BEM ownership singing the praises of this company.
As for “commenting on a share you don't follow” I still hold a few ‘free’ shares here, not that it's a requirement to post on these BB’s.
“And shortcomings? Presumably not your own though. Slightly narcissistic don't you think?”
Everyone has shortcomings Pocko, my views on BEM are well documented here and completely transparent, such as selling into the rise two years ago.
After 12 years, I no longer follow BEM.
However, already this Dmytro Siergieiev is being projected as the saviour of Beowulf when, as I understand it, its still not been established if a mine will ever be built.
Investment is about returns not clinging on to wild fantasies. The granting of the licence was your panacea never to be repeated. Face up to it, It's a dead duck.
“Posters are well aware of the failings... Well documented.
And you make too many assumptions. But if it makes you feel better about yourself. All the power to you.”
Pocko.
Of course these failings are well documented, but my post was about the shortcomings of the investor to act on these failings. The result is for all to see…. negative comments.
It doesn't make me feel better about myself, on the contrary I feel for the current holders here who are still underwater. But that is probably due to not making any assumptions, and rightly or wrongly, acting on them.
Think about it.
“And the point of this pearl of wisdom?”
The point is Pocko, that anyone who's been invested here long term, and there are plenty, should have by now, taken their profits and moved on.
Because it's totally un-investable, as I said a “dead duck.”
Oops! Big rethink required from the opposition, 50% of their flagship Nom-Dom policy's disappeared, manifesto shot to pieces.
Meant to pay for an additional £1.6bn for the NHS. But wait, did I hear an extra £2.5bn mentioned already today.
Starmer playing catch-up again.
Hunt adopts the labour flagship Nom Dom policy and allocates the revenue to other public services.
Already labour's expected revenue of £3.6 billion from the Nom-doms has been watered down to £2bn.
£1.6bn will go to the NHS, the rest will go to primary school breakfast clubs.
So that's the doctors and kids taken care of, the rest of us will have to make up the shortfall.
Which leaves labour with 50% of their policies up the creek. Don't forget these are so-called flagship policy's.
Don't mention the £28bn, that's already gone. 🤔
I wonder where the other source of revenue will come from?
Just saying
"Lloyds launches fund to invest in local non-profit lenders"
https://bnnbreaking.com/finance-nav/lloyds-banking-group-pioneers-62mn-fund-for-community-lenders-aiding-uks-financially-underserved
Chid has been on this BB for as long as I remember, her tone hasn't changed much during her time here. But its difficult to follow someone who has changed their username so many times.
As for the other LBPrat I've no idea, bit like him really
Chid, the BoE inflation calculator indicates 60p (Jan 2010) to be 88p (Jan 2024).
The calculator uses Consumer Price Index (CPI) inflation data from the Office for National Statistics
https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Brixton.
https://percentagecalculator.net/
“Are you getting excited about tabloid headlines too then”
Make your own mind up. 😀
https://news.sky.com/story/saturdays-national-newspaper-front-pages-12427754
Labour's FLIP FLOP after a great release fanfare.
More to follow, they make it up as they go.
1. Invest £28bn a year in green energy
2. Abolish the House of Lords
3. Abolish Universal Credit
4. Support the abolition of tuition fees
5. Increase income tax for the top 5%
6. Strip private schools of charitable status
7. Reinstate cap on bankers' bonuses
8. Common ownership of rail, mail, energy & water
9. Defend free movement post-Brexit
10. Increase levy on big tech companies.
But the Dumbo's will still vote them in.