Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Will correct up when US opens, was 12% up there at one point.
$RYCEY group is almost 1000 members now! It's definitely caught the flame, should clear 100 without too much effort, then who knows!
Good news with the $72M contract. I've set another buy order for some more tomorrow as I suspect will be the last chance to pick up this cheap, before Causeway and the army of RYCEY/reddit followers push this back in the 100s. Lot of positive news ahead with the UK vaccine rollout and (generally) falling cases/deaths globally.
Interesting. To be honest, any association with Gamestop or Robinhood is a very good thing, even better if there are restrictions. It's like adding fuel to the fire for the wallstreetboys! I find the whole thing entertaining but it makes it impossible to gauge markets. Bad news provoked a buying frenzy for some airlines. Friday was strange, some very good news from the successful vaccines, especially J&J but EU vaccine feud took the shine off. Hopefully the brakes will be off next week and can finally start the climb back.
Almost certainly due to the Reditt crew. Just let them do their magic and when you can log back on can probably sell for 120p. ;)
The results are not directly comparable to other vaccines as this is dealing with only moderate-severe cases, again it's a fantastic result which the market clearly has not understood! Should have been blue on this!
We should be welcoming the shorters with open arms then we can drop a note to the Reddit crew!
Fantastic vaccine news again, specifically with respect to the high efficacy against the new variants.
Yes I noticed $RYCEY gathering momentum! Sadly(!) there's not been much shorting for RR since they last got burnt, though I wouldn't mind a second burn for those sitting below the declaration threshold. Still, social media can give a huge boost to stocks like Rolls if it starts trending (which it inevitably will at some stage...)
Unlikely- I think will probably slip back with the government quarantine announcement, plus some lucky folks can take a tidy 10% from yesterday/this morning. But J&J news next week will be a boost IMO.
Could well be the week to regain some lost ground here. Sustained drop in covid cases and deaths - thankfully the situation has turned. I'm not too concerned about the heavy restrictions a handful of countries have adopted - nervousness about the variants is the only thorn in the side of a very positive outlook. To be honest, an overreaction will get the world out of lockdown and a faster return to normality. There's been a flurry of discussions on Covid passports again which surely will become the standard very soon.
Drop all across the board today with Biden being understandably strict on the Covid situation. He has to be decisive and take control of the circus that Trump left behind. Having said that he will balance the pain with further stimulus measures and although many countries are being tough on the travel arrangements, the faster we end the pandemic the faster the recovery. Also half-empty flights still generate the same engine hours for Rolls, although of course there's pain felt by the airlines which has a knock on effect.
Positive news is that the cases are falling globally across all continents and peak deaths have passed. See covid19.who.int/
Once countries have the current resurgence under control (which the data shows is happening) with each day that goes by it becomes easier to contain the virus and wider restrictions can be replaced by more localised test and trace systems. It's very interesting following the Israel strategy, especially the vaccination passport. Frankly most of the objections appear to be about the unfair situation of those who have been vaccinated having special status. That's nonsense, firstly because it's age-based or weighted towards those most vulnerable, who have had it hardest up till now (I'm not going to object if they're the first to benefit from the freedom). Secondly it should be fair to allow a negative test in a given time frame to be equivalent to a covid-pass so you're not reliant on the vaccination.
I bought a lot more today as once there is a hint of optimism that the recovery is there (we are very close) then this has many blue days ahead.
Very good data from Israel and the UK at the moment with falling case numbers and peak death seems to have passed. Firmly on the home straight now and also positive news that the Pfizer vaccine is effective against UK variant in a new study.
I have to say the impact of the nuclear business for Rolls really hasn't been factored into the SP. Of course still in the early stages but this is huge for the company, a lucrative export business and a chance for the government to champion a British success story.
Global company, worldwide flights - I doubt Scotland news for short-term travel will dent the SP.
Very good to have so many interested. Am sure today's rise was due to that news, dip due to some nervous sellers, should push on now to the teens...
-Globally (where RR operates, not just the UK!) the case and death load are improving (see covid19.who.int/)
-Vaccination rollout is generally going well with 40m worldwide vaccinated with no significant major safety concerns found and confidence vaccines will work for variants.
-Vaccination passports are being rapidly assessed by many countries to reduce restrictions
-Cargo flights still ticking over with higher demand (see flightglobal stats)
-Positive data emerging from Israel regarding large-scale effects of the vaccination (see Times article)
Over the last week, experts have stated the peak in the UK has passed, which will be seen in the stats for the coming week which of course have a known delay. Talk shifting towards strategies of reopening in March.
Rr101 - I would ignore after hours trades. Very difficult to interpret (uncrossing/delayed trades etc) and in my experience have no impact on the subsequent trading day.
...good point Arsenal17 - meant to also comment that it's easy to get stuck in the bubble of the UK, but worldwide many other countries are recovering and flights resuming.
I'd be cautious in saying the situation is so bleak as some are making out. A lot of the big investors have reacted to "breaking news" already and positioned themselves accordingly. Much of the gloom and doom that sells newspapers is being churned over and over and there is of course a strong bias to negativity ("if it bleeds, it leads" in media). Also there is a limit to how much impact the same negative news can have on the SP. Has the closure of travel corridors really made much of a difference to the flights? Probably not as the test and release system is still in place and many already weren't flying to the UK due to the known UK variant worries. The same is true of national lockdown...if folks weren't flying before the lockdown then new restrictions will hardly make the situation worse.
My view is that 2021 is off to a bad start with the covid variant worries and surging cases, hence the SP is already 20% down. Fast-forward one month and with 15m vaccinated and cases/deaths falling the outlook changes dramatically. I'm not looking through rose-tinted specs, I'm just saying that the rebound is not far away and the worst of the covid crisis will soon be behind us.