Member Info for Tornadotony

Rich I assume that was having adult beverages in the city.

Hi Colonel,

If the inflation index is taken over two years, the average per year becomes 2.7%. The base effects last year were huge as oil dipped to $35 a barrel. There is inflation, but not as dramatic when it was below zero last year for many months. The distortions close out by October this year What was noticeable was pay only going up 1.2% on the annualised rate. All this may change in the coming months either going sharply up or it simply drifts back down. Gold price at the moment is unsure which way its going to unfold and the jury is still out on whether the FED have got it right or whether they have completely misread how it will pan out on the inflation front. In the meantime the game plan is probably to hold on the gold miner stocks.

Amendment 475m shares not 450M so my figure amended is 19.1p.
We do not have the cost of getting into manufacture but that data will include an improved recovery rate when it arrives.

70% of 35 million tonnes of gypsum = 24.5 million tonnes.

Production has 70% recovery = 17.15 million tonnes of gypsum processed.

Taken a basket price of just $90 per tonne with all rare elements included.

$90 x 17.15 million tonnes inferred. Total inferred revenue of $1,543,500,000
Assumed 1/3 reserves equates to all inferred gives amended revenue of $514,500,000. Assume profit from revenue is 25% after tax = $128,625,000= £91M = 20p a share.

In case this is the second bounce. Now acting as if it was a short for rebuy. 90% long 10% short.

Has been awhile since we had a happy Pensana day.

Currently battling to save a critical support line it lost earlier. Back to a coin toss on what it does next.

Heading to 129p-128p area. Should clear the seller and be massively oversold.

Centamin is trying to close gaps in the chart. The big one closes at 109.6p. A small gap exists lower down and it is possible for that to close if Centamin plays out a 101p double bottom. The double bottom would need gold to retrace to around $1800 per ounce and form a June low price which gold physical traders need heading into India monsoon season etc. July would be a slow recovery and then we get a good H2 summer gold rally and Centamin has a high of near 132p for 2021. It then goes down hill after that until December and we see a big rally in 2022 when more gold is produced and Centamin demonstrates new Sukari underground mine reserves and resources.

The opposite scenario is rally to August in gold and gold miners and then a wash and repeat of what happened in 2020 on gold. I think it will rhyme Oct-Dec. and not be the same and hence why we have a dip in June and to a degree into July.

If they want to give cheaper shares, I will buy them. Time to fill the buy order book.

https://captainjetson.com/aviation/electric-airplane-engines-the-future-of-air-travel/

Another market to develop if we want zero carbon by 2050.

https://www.msn.com/en-gb/money/other/analysis-climate-change-central-banks-new-inflation-puzzle/ar-AAKPtPY?ocid=msedgdhp

Descending resistance line is at 174p. Ascending support lines are currently at 110p, 101p and 98p.

The 110p ascending line correlates to 1 October completion date and indicates a price range of 140-146p prior to results.
The 101p ascending line correlates to 1 November completion date and indicates a price range of 130-135p prior to results.
The 98p Ascending line correlates to 6 December completion date and indicates a price range of 122p-130p prior to results.
( At present the company has hinted towards 1 October date).
We are in a dynamic trading range with news between now and completion. In the past Synairgen has tended to deliver a second bounce which could be as high as 174p on further positive news. Equally more challenging news could still see a depressed future price above the support lines if it were to occur and this of course may not be related by activity under the company's control.

The support line for 1 October completion reaches 130p on 1 September and upper resistance is at 155p.

As always my analysis is only opinion and are probabilities using past chart data to project a potential future path.

Mining activity started at the end of 2017 with a test production of just 25 metric tonnes of rare earth and it was sold at a loss. The following year the company could not improve production levels above 100 metric tonnes a month and the low volumes resulted in low earnings and it was not at a scale to generate a profit. This remained the case until GB arrived to try and find a way to extract rare metal earths in a cost effective way. The nature of the asset is dispersed thin veined material with high volume stripping. GB was in the middle of proving or not whether burundi asset was indeed economically viable to extract. Anyone with a knowledge of mining would appreciate that a miner has fixed costs and if the volume of extraction is high those costs spread more sensibly, but if the volume is just a third of what was hoped for the extraction costs can be higher than actual sales costs. I wonder if the company should just sit on the asset in Burundi and continue its developments in South Africa. The whole purpose of current activity was to find out if large volumes could be mined out.

A part of it was closed down to 110.8p. Acts as a small deterrent for some to buy into the stock who use the charts.

ST

Thanks for all your inputs on here and I hope we will see you back. Feel free to share any research which is most welcome. Tony

I thought the move down was part of the general move by hedge funds, banks and investment institutions to sell their clean energy portfolio s and return to buying oil and oil stocks. Hence that sector has shot up and the rainbow sector got trashed. The next phase is to get loads of small investors going into oil stocks as they did last June in 2020 and of course the large investors trashed all those positions from late June 2020 until October. Its wash and rinse cycle of what they did last year. An analyst on Squawk box suggested something like it was going on. I remain holding Rainbow rare earth as the SA asset alone is worth more than 14p share price. Burundi is currently valued at nothing. It was uncertain if Gakara was a profit making mine. I have written to SP angel to see if they know anything as they work as Rainbow's investment broker.

Your bought price was under 106.75p, the middle of buy and sell prices. It happens a lot of times with stocks with low trading volumes as they don't bother to keep shifting sells and buys as they do with FTSE 100 and FTSE 250 stocks with high volumes. Happens on AAZ a lot of time with their peanuts volume levels. Be happy with discount buy price.

https://www.miningweekly.com/article/pensana-joins-humber-business-week-to-boost-saltend-exposure-2021-06-07

We had an equity raise for investment. Divi monies should only be paid out on extra income earned from the gold sales price that is above the investment planned price. So if their metrics were on an average of $1750 per ounce on gold for the investment budget and gold sold average was $1775 on annual sales then after tax its $14 per ounce then its $1.2M on divis and gives 0.1p. We therefore may have some divi scope if the gold price stays healthy and does not distract from growth expenditure.