Anglo Asian Mining Share Discussion Threads

[bumpa33] 15/11/2022 08:42

Don’t mention taste though do they….

[someuwin] 15/11/2022 08:41

Yup BSFA Mkt cap £7m. Looks very interesting if they've cracked Lab-grown meat.

"...Two of the fillets were then pan fried, cooking rapidly and throughout while maintaining integrity and shape and exhibiting only minimal shrinkage, as would be expected during the preparation of high-quality farm grown meat. The fillets seared easily, showed heavy caramelisation with charring and crisping on the surface, and the aromas were identical to those of barbecued meat. In summary, the test results met, and in many areas exceeded, our expectations in all respects.

A further significant development was that the prototype fillets were all produced without the use of conventional plant-based scaffolds or fillers, as have been universally adapted by the industry to date in order to ensure structural integrity. The fillets were therefore 100% meat, leading the Company to believe this is one of the world's first 100% cultivated meat fillets to be produced.

This was made possible as the fillets were cultured in 3DBT's patented, serum-free and animal-free cell booster, City-mix(TM) . City-mix(TM) enhances growth of cells and tissues to the point that the need for a scaffold is eliminated. City-mix(TM) is a critical intellectual property component of the Company's offering, providing clear competitive differentiation and world leading technology.

As previously announced, the Company expects to produce a larger scale prototype in six to eight weeks and is on track to produce its showcase full-scale fillet of 100% meat in early in 2023..."

[katsy] 15/11/2022 08:25

Great set of results over at DX.

finnCap

DX (DX): CORP Investment driving high service levels and growth DX has reported a strong set of FY 2022 results, driven by sales up +12% (improving during the year with H1: +11%, H2: +13%), operating margins rising from 4.4% to 5.9% and adj. EPS rising +42%. The investment in infrastructure, systems and staff is paying off, supporting high service levels and market share gains. Management has reiterated the Group is well positioned to achieve its growth objectives despite current economic headwinds, the target operating margin remains 7.5-10% (FY 2022 5.9%) and the target FY 2023 dividend is 1.5p (marking a return to the dividend list). With net cash of £27m, a FY 2023 free cash flow yield of 12.6% and dividend yield of 6.0%, we reiterate our target price of 57p (+128% upside).

[jbravo2] 15/11/2022 08:06

Pleasure wan
:)

[wanobi] 15/11/2022 07:23

FRG :-) ,, spot on jb, many thanx, Cheers Wan :-) This is exceptional and amongst the best intercepts recently reported by our global peers and confirm the presence of lithium in our pegmatite system.......

[wanobi] 15/11/2022 07:18

Good morning all, Cheers Wan :-)

[zangdook] 15/11/2022 01:18

"it could just be that the Board ... decided..."

given the buyback debacle I don't think the board are actually thinking that deep or that far ahead. There was lots of talk about they were cleverly waiting for lower prices etc to buy back shares. They weren't, they were being half-hearted or incompetent. I don't see any reason to imagine they're any better at managing gold sales.

Get the stuff out of the ground and flog it, and don't try any funny business, in which I include throwing money at dodgy Irishmen and Colombians.

[jbravo2] 14/11/2022 22:56

:D
Can’t help myself rb
Should know better but I enjoy it too much
:D

[2sporrans] 14/11/2022 22:40

Lef

Ahh.... yes, the house price booms; not the sort of boom i was thinking of, notably absent since that Gordo gaff.

If only any of those been followed by even a solitary homes construction boom, then maybe there would have been some cause for celebration.
Sadly, nothing approaching even a boomlet for new homes since Gordo strutted his stuff.
There was however a [continued] curtailment of council house construction which has served to exacerbate the chronic shortage of homes, at least in the areas they are sorely needed.
Also, widening the gulf between rich and poor, fueling corrosive inter-generational divide and frictions.

[sideshowbull] 14/11/2022 19:05

Wan one more for the BTC crew.

It's coming home.



BWTFDIK

[riggerbeautz] 14/11/2022 18:52

That’s what i sensed Bumpa, would tie in with Pogue’s musings on CBDC too; don’t outlaw Crypto, just make life hard.

JB2 you’re on form.

[bumpa33] 14/11/2022 18:48

Re: that Saylor link. Regulation, regulation, regulation - coming to a crypto near you.



On a different tack - not usually gonna post sport links but there’s a stat in there that shocked even me - something about land in the UK and who owns it! 😳😳

[wanobi] 14/11/2022 18:30

Hmm, well, nope, still does nothing for me :-) LOL :-),,, but,,, I wish good luck to anyone involved in this space, Cheers Wan :-)

[sideshowbull] 14/11/2022 18:29

Prefer my BIRD though.

BWTFDIK

[sideshowbull] 14/11/2022 18:28

Don't blame you, who would want to get into an asset that floods.

BTC and Safex are my only holds.

I got in early but it I am a massive BTC bull

Who knows, I may be a moron?

BWTFDIK

[wanobi] 14/11/2022 18:22

must say I have listened to him quite a few times and each time his unwavering belief in crypto has turned me even further away from taking the plunge,,, I can't say why, other than,, he's so confident about it all, it worries me,,,,, pathetic on my part really, but there you go :-) Cheers Wan :-)

I shall now listen to this link and see if my mind is changed!!!

[sideshowbull] 14/11/2022 17:28

Michael summed FTX pretty well.

[lefrene] 14/11/2022 17:03

2sporrans, it could just be that the Board not being in need of more cash decided that in the longer run gold is a safer bet than holding dollars which are being created in the trillions? We all know gold is being maioulated by at least JP Morgan and Citibank, and the recent prices undervalue gold imo significantly.

Hmmm, no more boom and bust Broon, went on to preside over yet another house price boom, which took until 2009 to stop it's gallop. Here we are again in the housing correction that follows yet another reckless boom. At least those in power shortly after WW11 recognised the social and economic damage wreaked by housing booms and enacted some very sensible legislation to control, until Heath came along in 74 and needed a wheeze to recue the Banks (them again!) from reckless adventures in South America. It's been boom bust ever since, but gormless Broon didn't see it.

Metals now seem to be in a broad rise, or the dollar in a broad fall. The BRICS seem to gain new members by the week, it rather looks like China is going to win the long game.

[2sporrans] 14/11/2022 11:12

Lef

My view wrt the dore inventory is simply that the BoD passed over selling 7k of it at significantly above $1800/oz, taking the gamble that they could sell for appreciably more at some later date.
Keeping this inventory has had a knock on consequence to cashflow, as i've posted on previously.

I do not wish for them to be gamblers.
I do not share your confidence that they have a "deep[er] understanding of the realities of the physical gold market"; not such that they can forecast where the POG will head with any certitude.

You have very strong views as to a chronic, huge and growing over-supply of fiat currencies and of debt nominated in these currencies and where this is heading.
You also see the $US/debt as being especially egregious in this respect; also that both the $debt and the POG are being continually manipulated by Fed and retail banks respectively.
Fair enough.
The way i see it is that the whole developed world, by degrees, has played the same game with suppressed rates, loans, QE etc and faces the same consequences.
On a per-capita basis, Japan has [and still is] pumped out greater largesse than the USA; however as inflation [CPI still ~2%] still low there, the largesse continues there and so the previously 'safe-haven' yen has dived v the $ this year as the US has rapidly tightened: 3.75% increase in base rates over 6 months.
But the Japanese could [finally] change policy next month, cease QE for example.
Only mentioning this to illustrate why it is so hard to call currency pairs, let alone one v a global basket.
As for the post election US admin.
It looks rather like "gridlock", so there won't be any new fiscal largesse, offsetting the Fed's tightening.
That, alone, ought to be $ supportive but there are so many other determinants and the big $ appreciation of 2022 may unwind a fair way regardless.
As much, if not more, depends on what happens in the rest of the world as what happens in the USA.

I think your view:
"there is a deliberate policy in play to inflate away all those trillions of debt, and there's no knowing if the plan can be carried out in an orderly fashion".
This view is one I share, if to a more limited extent.
For sure, weaker economies, with weaker finances are going to be punished more harshly than the stronger, for making 'policy mistakes'.

The latest UK Gov't endeavours to 'plug' a £70-bn deficit by a combination of tax rises and [moreso] spending cuts exploit inflation to this end.
Much of the extra tax revenues will be garnered by fiscal drag, where allowances are frozen as the taxable income streams inflate. Freezing benefits allowances reduces their spending bill in real terms, in similar vein
I realise this isn't debt depreciation as such but it serves as a good example of how Gov'ts can exploit inflation to that end, i.e. by nullifying indexation.

As for Gordo.
He announced "An end to boom and bust" in celebration of his policies efficacy.
Well, he called it right on the boom. :0)

[bumpa33] 14/11/2022 10:49

Yep, they cracked the code in Texas. Except they hadn’t. Mr Cheatum, very droll :)

[mr roper] 14/11/2022 10:45

PANR...Mr Cheatum...cracking the code....there's history that should be read as an insight into the present. Have your wits about you.