Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Great idea Tradecraft - I'm in
Y11 - I think you area bit harsh on MrC. He is a realist and some people don't like reading posts that aren't blatant ramps. Everyone is entitled to voice their opinions on public boards.
I'm well underwater and will need to see £1 to break even but still very optimistic. Certainly not bitter about those who have done well. You win some, you lose some - that's AIM.
still have nightmares about the 5p party
Fozdog, if you are sure BCN is held in the M&G Recovery Fund, the fund manager is Michael Stiasny - www.linkedin.com/in/michael-stiasny-48b22247/
Cheers MLQ
MLQ - what channel is this on please?
Couldn't have put it any better Bonkers - I'm in at 93p so in no rush to do anything. I can totally understand the lucky ones who came in late and are already in profit. I was in this for the long game from years ago but everyone has a different agenda. Fair play to those who are up - I just got this one totally wrong from the start and didn't have the conviction to average down so no one to blame but myself.
or an itchy eyebrow :)
seen_it_done_it - to help, if you look back at the posts over the last week, you'll see that this has been discussed in detail.
Panderman - not true I'm afraid
Dave - you'll need to contact HMRC about that as it's a breach of the rules. If you explain the mistake it's better than them finding out later.
Mason - I think you've got more chance of being a BCN millionaire than England winning the Euros :)
Personally, I think there has to be some sort of pullback, particularly in US large caps. My tech funds have almost made more than me this year lol. I think the economic impact of COVID is still to hit as many businesses fail after the support stops. That being said, the FED are printing money like there's no tomorrow and if inflation starts to rise what do they do? They can't hike rates as borrowing is at an all time high - it's going to be an interesting year, that's for sure!
The Cat's in the port whilst Obs is in the court - it all sounds good :)
Lots of conflicting views on the US markets John - this article from HL is quite interesting regarding the CAPE ratio for the S&P and the 10yr Treasury Yields:
https://www.hl.co.uk/news/articles/is-the-us-stock-market-in-a-bubble
Some doom-mongers such as Wall Street macro analyst David Hunter are predicting a market crash of between 60% and 80% this year. On a positive note, he is quite bullish on commodities, especially metals, leading the way out. Happy days :)
@Cause - ah sorry, didn't realise
@obs - looks like Unamgen Mineração e Metalurgia Sa is owned by Eldorado Gold Corporation:
https://www.abnnewswire.net/companies/de/33166/Eldorado-Gold-Corporation-(de)-33166.html
Full RNS in case anyone cannot access: FOX MARBLE HOLDINGS PLC ("Fox Marble" or the "Company") Sales Agency Agreement Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, is pleased to announce that Fox Marble Kosovo Sh.p.K, a wholly-owned subsidiary of the Company, has entered into a sales agency agreement ("Agreement") with Zhong Shengdestone Co., Ltd, ("ZSC") headquartered in Beijing, China. Under the terms of the Agreement, which is for an initial period of 12 months effective 1 January 2015, the Company has granted to ZSC exclusivity to sell the Company's block marble in China conditional on ZSC selling a minimum of 10,000 tons of marble per annum ("Minimum Quantity"). As well as acting as agent, ZSC is a purchaser of marble and intends to buy block product from Fox Marble on its own account. ZSC indicated that, in 2013, it purchased in excess of 100,000 tons of marble in total and hopes to exceed the Minimum Quantity specified in the Agreement. The Company retains the right to terminate exclusivity if quarterly sales achieved through ZSC are not in line with the stated Minimum Quantity. If the Minimum Quantity of sales is achieved, this would translate to incremental revenues of between US$2.5 million and US$5.0 million per annum. CEO Chris Gilbert commented: "We are pleased to have finalised an agreement with a company in China which itself is a buyer of marble as well as having extensive relationships with other significant buyers who have indicated their interest in our stone. These buyers will be visiting our quarries in Kosovo after the Chinese New Year (February 2015) in order to start selecting blocks under the terms of the Agreement. China is of course a large market and this arrangement forms part of our planned strategy to sell our stone around the world."
Good point Spud, you certainly wouldn't choose Kosovo to house your assets but it makes the journey all the more exciting. I think there should be news early next year but don't expect much movement. Probably get a few buyers who paid MoneyWeek the £40 for the tip :)