The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
TYM acquired abandoned projects because at the time the regime/policies were unfavourable, but now it's an opportunity for TYM. Great news, hold, wait until the USA is online later. Hold. GLA
KoBold Metals, a California-based startup whose backers include billionaires Bill Gates and Jeff Bezos, is searching for lithium deposits across four continents, widening its hunt for metals the world needs for cleaner energy and electric vehicles...........https://www.koboldmetals.com/news/billionaire-backed-kobold-metals-widens-lithium-hunt-across-four-continents/?aid=01
Thanks Driving. Driving home for Xmas.. let's hope so! I agree with your assessment that it is highly like GLEN is our partner...why not? Will GLEN let go of such an opportunity as ZIOC. Marty was instrumental in Matunda for GLEN in 2021...now it seems to me Marty is in with GLEN and ZIOC and perhaps already laid the foundations for him to show up as ZIOC CEO? There is no coincidence in this IMHO .... makes sense... join the dots? Time will tell. I wish you guys who hold 5mil/heavy investment in ZIOC success. I am rooting for you guys and for all. GLA.
Thanks Ex. IMHO Marty seems to be a troubleshooter, getting the work done/ negotiations. I am unsure about the gaps. He will no doubt be paid well. How much is his remuneration as a CEO of Zioc? This is not mentioned. Or, is he going to be awarded share options as salary, like the rest? He is not cheap for sure. So, what was agreed with the ZIOC BOD? Has he been partial to his forward salary as share option value? He is the man to get ZIOC on map. He seems to choose blue-chip solid companies...so is ZIOC going to be a billion-dollar firm? Let us see if any gossip/tips arise at the AGM from the ones who attend..surely the share price will reflect their opinions... Been here too long, and traded the spikes, but reluctant to trade them now. GLA and we hope our dreams materialize in the next few months.
My buy yesterday shown as sell; 14;20 2mil...MM's, the games they play.
from kaz: aktokay operations
over 25 years of underground and open pit mining and projects, operated at
all levels of mining management
akto*** is his 6th greenfield mine / project start-up
first quantum, vale inco, sherritt international, anglogold ashanti, wmc
resources ltd
Jubilee Metals Group said on Tuesday it has formed a strategic partnership with Abu Dhabi-based International Resources Holdings (IRH) to recover copper from a historic waste dump in Zambia.
Can we expect a similar partnership?
Ex..ok, understood.
Congo Elections 20th Dec...mining giants are watching..if a favourable or unfovaurable govn/environment.
Project development, operations and transformational growth phases... positive attributes are essential to moving the Zanaga Project forward, especially in light of the recently announced strategic objectives of the Company.
Mnnn..with a strategic partner JV? How much would the JV be worth, i.e., SP?
* Citi turns "constructive" on European payments sector, saying it sees 2024 as a "reset year" for expectations as macro headwinds abate
* It expects "secular growth drivers" in the payments sub-sector to return into the spotlight in 2024, supported by undemanding valuations, investor positioning and M&A potential
* However, it sees less attractive risk-return profiles in other areas of fintech in its coverage..............
"Market Maker Speaks Out: "Ways of a Market Maker"
https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/
We intend to become the first issuer, and service provider of stablecoins (a form of e-money token) listed on the London Stock Exchange. Our efforts are focussed on harnessing the disruptive potential of blockchain technology to reshape the way customers pay and manage their financial lives.
UK will inevitably embrace crypto wallet; Bank Of England working on this "discussion/proposal." DYOR. GLA. BUY AND HOLD.
LINK: GLENCORE RNS
Nippon Steel to hunt for more coking coal, iron ore assets – executive
29 Nov 2023
By Yuka Obayashi and Ritsuko Shimizu
TOKYO, Nov 30 (Reuters) – Nippon Steel , the world's No.4 steelmaker, will keep on hunting for stakes in coking coal and iron ore mines to ensure a stable supply of essential raw materials and mitigate the potential impact of price volatility, its executive said.
A Glencore-led consortium, including Nippon Steel, sealed one of the mining sector's biggest deals in years this month, agreeing to buy Canadian miner Teck Resources' steelmaking coal unit for $9 billion. The Japanese company will pay around $1.34 billion for a 20% stake.
"Coking coal prices are expected to rise as supply will get tighter in the medium term as there has been little investment in mines due to carbon-neutral push," executive vice president Takahiro Mori told Reuters in an interview on Tuesday.
"So, it's extremely important to secure our own interests," he said.
Japan's top steelmaker already owns stakes in several coking coal mines, which account for about a fifth of its annual coal imports totalling 25 million metric tons. The latest deal will boost that share to around 30%.
About 60% of Nippon Steel's products are sold for term customers with a mechanism that adjusts selling prices to raw materials costs, but 40% are commodity products that are affected by steel market fluctuation.
"We would like to raise the self-sufficiency ratio to around 40% in order to neutralize the impact of raw material prices on market products," he said, referring to both coal and iron ore.
It now procures 20% of its 50 million tons of iron ore imports from its equity holdings.
The 20% stake in Teck's coking coal business will also boost Nippon Steel's annual profit by about 70-80 billion yen ($476-543 million) based on the current prices, Mori said.
Early this month, the group lifted its net profit forecast by 11% to 420 billion yen for the year through end-March thanks to improved margins in the first-half.
Its profit from overseas business comes higher-than-usual thanks to a hefty special gain from its Indian joint venture with ArcelorMittal , which uses natural gas, instead of coking coal, to make steel, Mori said.
The unit, which hedges liquefied natural gas (LNG) prices through a long-term contract, booked the gain last year when it sold surplus rights to buy the fuel at lower prices when the spot market soared.
Although the gain was one-off, the unit will continue to hedge LNG prices to avoid risk of price volatility, Mori said.
"We would like to raise the self-sufficiency ratio to around 40% in order to neutralize the impact of raw material prices on market products," he said, referring to both coal and iron ore. ..............
TOKYO, Nov 30 (Reuters) – Nippon Steel , the world's No.4 steelmaker, will keep on hunting for stakes in coking coal and iron ore mines to ensure a stable supply of essential raw materials and mitigate the potential impact of price volatility, its executive said.
A Glencore-led consortium, including Nippon Steel, sealed one of the mining sector's biggest deals in years this month, agreeing to buy Canadian miner Teck Resources' steelmaking coal unit for $9 billion. The Japanese company will pay around $1.34 billion for a 20% stake.
"Coking coal prices are expected to rise as supply will get tighter in the medium term as there has been little investment in mines due to carbon-neutral push," executive vice president Takahiro Mori told Reuters in an interview on Tuesday.
"So, it's extremely important to secure our own interests," he said. .............
Coalculus is an advanced KYC embedded hybrid blockchain connecting governments, banks and payment networks to redefine access to money and financial assets for end users around the world.Coalculus open-source finance ecosystem consists of two layers – the public chain and enterprise chain is a secure and proven blockchain framework designed with the needs of governments, financial institutions and enterprises in mind. Our platform have been proven by some of the top core blockchain development experts and finance technology specialists around the world to drive large-scale adoption and revolutionize many aspects of the financial world.
OUR SUCCESS STORIES
A BVI REGISTERED FINANCIAL INSTITUTION
The blockchain-based virtual banking system provided by Coalculus uses advanced technologies and big data to onboard customers according to stringent international banking standards in KYC/AML/CFT. Our proprietary solution currently explored by bank companies registered in the British Virgin Islands (“BVI”) makes account opening, transfers, deposits and withdrawals a frictionless process in today’s digital world.
Directors have been busy then...
All good. GST has massive potential. DYOR.