Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
'distressed share'?!
No way. A quick look at Navitaspet shares over the past three months shows strong progress in spite of a small dip on
Oct 7.
Has this positive sentiment been caused by something elsewhere within Navitas operations? I don't think so. On the other hand, if the current ME war leads to Turkey cutting off Israel's energy pipeline RKH will become even more important. Not wishing to take advantage of Israel's misfortune here.
Hi Stanley, if you compare the share prices of gold mines over the past year it is clear that HOC is performing much better than US shares, such as Sibanye. This is because US investors are buying into a stronger dollar rather than gold. However, this state of affairs will change dramatically if the US becomes embroiled in the ME. Hence Biden's visit to Israel today to try to prevent escalations and a weakening dollar imo.
The market is grossly under-estimating the inevitably deteriorating situation in the ME imo. The actions taken by Israel , regardless of how justified and surgical they may be, are bound to be followed by escalating reprisals on both sides and so on. This is all part of Iran's long-awaited strategy for the annihilation of Israel.
Thanks for those posts Noel. Iran is the culprit here. Its religious leaders are committed to removing Israelis from the geographical centre of what they perceive as a modern Islamic empire. They fund Hamas and the much more powerful Hizbollah. AndJoe Biden has just released billions of dollars to Iran, much of which will be spent on Iran possessing a nuclear capability. China may then seize the opportunity to attack Taiwan etc. Happy days all.
Do not agree with you LTT about oil prices. There will be no 'demand destruction' in my opinion. Even at £300 per barrel, demand will not decrease for fertilizers, drugs, plastics etc., all of which contain oil, not to mention the energy they require to make them and skyrocketing winter energy bills. Inflation will go up and up, making today's levels seem benign. Many will die of malnutrition and starvation. I do agree with you that Gideon needs to pull his finger out.
Alma. Personally prefer a coffee with Prokofiev's Precipitato played by Yuja Wang. Hear goes (sorry 'here') ...
https://www.youtube.com/watch?v=7U-L_n9tAJM
Good news for oil. There is no climate emergency, according to physicist John Clauser.
https://www.theepochtimes.com/epochtv/nobel-laureate-john-clauser-there-is-no-climate-emergency-climate-models-miss-one-key-variable-5486017