The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm trying to get my head around this. It was touted as a living document.....
It appears that RY isn't that bothered about including 2018 data, or in whether it's a living document or not. Why? This suggests to me he's simply doing what a third party is telling him to do. Could be a good outcome.
"Share price Following nickel prices down"
Good reason for the fall because the converse, share price following nickel prices up, bodes well for the future.
I'm surprised that the daily trickle of bod purchases hasn't sparked a bit of buying interest. What's wrong with pi's these days.
Cowboysteve, this is more or less what I've been thinking most of this year. RY's mistake, if you can describe as that because most of us would probably done the same, was to reach a point in the project when he had enough ore to push for a mine, and then to move too soon to the final development only to find much more Ni in 2017/2018.
My only beef with him is that he could have been a bit more forthcoming if this is what happened, but I'm perfectly happy to wait an extra few years for my new Ferrari.
All the negative talk for several weeks about the media week, and the share price just sits there, trending slowly upwards. I love it. Does anyone think a media week is of the slightest interest to the likes of Norilisk, road funders, or potential Asian JV partners? I suspect even the delay with the pfs won't be a barrier to confidential talks with suitors, they just have to agree terms subject to pfs confirmation. It seems the only people pretending the sky is falling are the penny scalpers on here.
Am I the only one here reasonably happy with this rns? I do trade, but I'm not a doomer who tries to push the price up when I want to buy, or a ramper who does the opposite when I want to sell. The several posters here in this category are very tiresome, and I wonder if their insincerity and spin has any effect on SP, or if they are OK sacrificing their integrity to make a few pennies every month.<br /><br />I fully support RY in taking his time to maximise this project. If it takes a year or two more for the maximum potential to be realised that's fine by me.<br />.
Sales of battery electric vehicles and plug-in hybrids in Europe jumped by 42 percent annually in the first half of 2018, hitting the 1-million milestone..........(https://www.zerohedge.com/news/2018-08-28/europe-sells-1-million-evhybrids-norway-leads-pack).
It's happening. Personally, I won't be trading in my 32 year old VW or my 28 year old Mazda in the foreseeable future, but it's just as well for our prospects here that more and more people are rushing out to buy the latest toy.
Maybach, can't you come up with something more original than, "Could it be possible, that by the time AMC actually gets anywere remotely near production, a new battery technology is recognized...." to bash the stock with. This has been used several times already. Perhaps this will happen, and perhaps microprocessor technology will radically change and Apple will go bust, perhaps free energy will be discovered and big oil will vanish. Perhaps. Perhaps.
Perhaps we'd better give up investing in anything.....just in case.
There seems to be a lot of concern here at the moment about the nickel price. Get a grip. I'm no fan of ev, but it will be politically driven to replace petrol whether it makes sense or not, so I'm in no doubt that long term nickel price will rise. Commodity prices go up and go down to enable parasites to feed off the commodity producers and long term investors, so focus on the medium to long term. We are onto a sure fire winner.
I would like to publicly thank AMC for delaying the PFS as it gave me the chance to add more shares below 4p this morning. Please feel free to now issue this document. If there is more delay, then so be it, I'll most likely look to top up again sub-3p.
So whatever unfolds during the rest of this year I'll be happy, which is so much better for my mental well being than the constant anguish and hand wringing is for the mental state of certain other regular posters here.
Quote - The development of a cost effective method for processing laterites together with a move away from nickel rich battery chemistries both are distinct possibilities bordering on the inevitable. This is just fear porn. Why invest in anything because just about every technology in history experiences cost pressures and eventual replacement. My interest is focused on a 5-10 year timeframe. What happens after that is someone else's worry.
Careful what you ask, drunkinftl. There were several rabid never Trumpers on the ii board. If they emerge here you'll stir thinks up with your question. I'm enjoying seeing Trump upset the EU/Theresa May globalists, but whether his strategy works remains to be seen. What I do know is that free trade (which most of us have accepted without question) ultimately leads to third world countries perhaps doubling their average income to a few dollars per day and us trending towards this universal level.
Thanks for the info, JoeBass, but there's no going back. Now, with just one click of my mouse on the LSE icon in my favourites I'm brought to the list of AMC posts on this mb. (Just like ii was before). I've no desire to follow the lengthy, multi-click process on the new ii platform.
I don't think there is a specific AMC board now. AMC posts are scattered through the "General" board. As it's only human nature to hate new software until you get used to it, I decided to have a good play with the new ii platform and to sleep on it for 24 hours. I can now confirm that it is in fact a load of rubbish.