Glencore Share Discussion Threads

[adejuk] 27/10/2021 15:30

i'm out to preserve some profit.

[riskvsreward] 27/10/2021 14:36

It could prove really beneficial to long term investors if it is buying back now at a low price and the share price increases significantly in the future! Look at man group as an example, it has been buying back over a number of years at a price from 90p to 150 p and a lot of people on its forum moaned about it, but it’s price is now over 240 p and the buyback has been hugely beneficial to the investors now.

[adejuk] 27/10/2021 14:08

so much for a beneficial buy back

[gxgxx] 27/10/2021 11:05

MM's Obvious.........They make money on Down's & Up's........This is preparation to maximise the 3rd Quarter results due on 29/10 - Friday. If as expected the share price increase will be substantial so there is nothing better than buying them now at a lower share price Just good 'Manipulation' and profit for those in the 'club'

[action] 27/10/2021 10:21

Expectations was 400p +.

[mo123] 27/10/2021 10:00

More problems at Antamina or just a big seller moving on?

[action] 27/10/2021 09:41

3 % drop? Wow

[adrian j boris] 26/10/2021 09:59

PROACTIVE


Oliver Haill

08:35 Tue 26 Oct 2021


UK battery gigafactory company Britishvolt in talks over state funding

The startup last month started work to begin building the battery factory near Blyth in Northumberland


The startup that is building the UK’s first full-scale independent battery ‘gigafactory’ is in talks with the government about getting at least £200mln of funding, according to a report.

Britishvolt, which last month started work building the battery factory on the former Blyth Power Station site in Northumberland, is in advanced talks about securing some much-needed funds, the Financial Times reported.



The company has also begun talks with potential customers, the newspaper added, including Vauxhall and Fiat-Chrysler owner Stellantis and UK electric vehicle maker Arrival SA.



During the summer, Glencore invested an unnamed amount in Britishvolt as part of a US$70mln funding round, with the FTSE 100 commodities giant taking an equity stake and agreeing supply agreements for cobalt and other battery metals that the proposed factory will need if and when it gets up and running.



With over £2bn of cash needed to complete the full construction of the factory, a listing in either London or New York is thought to be under consideration by management, the FT reported previously, perhaps by a special purpose acquisition company (SPAC) transaction which would see the private company merge with a cash-rich listed shell.

Britishvolt is currently privately owned by Swedish entrepreneur Lars Carlstrom and Abu Dhabi financier Orral Nadjari.

[waldron] 26/10/2021 07:32

China needs more coal to avert a power crisis — but it’s not likely to turn to
Australia for supply

Published Mon, Oct 25 202110:01 PM EDT

Updated 3 Hours Ago

Saheli Roy Choudhury
@sahelirc
cnbc


Key Points

China is facing its worst power crisis in years due to a coal shortage.

Australia has the coal Beijing needs, but the world’s second-largest economy is unlikely to reverse an unofficial ban on Australian coal imports anytime soon, analysts told CNBC.

China stopped buying coal from Australia late last year, after Canberra backed a call for an international inquiry on how Beijing handled the Covid-19 outbreak.

[gxgxx] 25/10/2021 20:32

Friday 3rd quarter results : Well above expectations!..................................4th quarter results : Even better, Outstanding!!..................................Increased Dividends & Higher share price for sure

[waldron] 25/10/2021 15:24

Cheniere and Glencore Sign Long-Term LNG Sale and Purchase Agreement
October 25, 2021 08:30 AM Eastern Daylight Time

HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“CheniereR21; or the “Company”;) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a binding liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with a subsidiary of Glencore plc (“GlencoreR21;).

“We are pleased to announce this long-term SPA with Glencore, one of the world’s largest producers and marketers of commodities and a significant player in the global LNG market”
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Under the SPA, Glencore has agreed to purchase approximately 0.8 million tonnes per annum of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 13 years beginning in April 2023. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.

“We are pleased to announce this long-term SPA with Glencore, one of the world’s largest producers and marketers of commodities and a significant player in the global LNG market,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “This agreement once again reinforces Cheniere’s position as a leading global LNG provider, and we look forward to a successful long-term relationship with Glencore. This SPA further builds upon Cheniere’s commercial momentum, marking another important milestone in contracting our LNG capacity ahead of an FID of Corpus Christi Stage 3, which we expect to occur next year.”

The Corpus Christi Stage 3 project is being developed to include up to seven midscale liquefaction trains with a total expected nominal production capacity of approximately 10 mtpa. It has received all necessary regulatory approvals.

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected total production capacity of approximately 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, filed with the Securities and Exchange Commission.

[gxgxx] 21/10/2021 13:44

The Global Coal Mining Market is expected to grow by $ 64.68 bn during 2021-2025, progressing at a CAGR of over 2% during the forecast period............................hxxps://www.globenewswire.com/Tracker?data=OicV5xA6lBk1Yrh_4y_3FfQ4-6d9QBswWE02oT80Y8OWeDJ8b78Y47L7v7aK-CloP1nKjVkhXj6UzUgWxbN_U6HxxD2Z-vqgTdIAb1nJ4wpw3URDoWGivLmzScNjUVsFZRNepvE6Id9Bj6IyYYu_VkpGYmdwsPI3YN9D-zehRyP4csmnnYxHvxsT8P_X1dQz

[a2584728] 21/10/2021 10:50

Just added a few

[gxgxx] 21/10/2021 10:29

MM's.. =.. Profit Makers..&..Profit Takers. It is as simple as that. Everything will change dramatically after this! 29/10/2021 Third Quarter Production Report

[adejuk] 21/10/2021 10:25

the buyback will include selling and buying.

[mo123] 21/10/2021 09:22

Last forecast I saw was for eps of near 50p. So forward PE is over 7. Still good value though.

[a2584728] 21/10/2021 09:01

Ridiculous fall these should trading at 6x PE not just under 4.

[gxgxx] 20/10/2021 09:57

Glencore are and will continue to make fantastic profits in the Short, Medium and Long term. If Copper prices and other commodities fluctuate, overall this will have a negligible influence on the amount of wealth Glencore is generating right now. MM's and manipulators are playing with the share price As we know the share price should be at least double its present value. The cream will rise soon.

[waldron] 20/10/2021 09:25

andyadvfn1
20 Oct '21 - 09:08 - 3341 of 3341
0 0 0

[andyadvfn1] 20/10/2021 09:08

https://www.metalbulletin.com/Article/4012621/Latest-news/LME-imposes-measures-to-cool-copper-market.html

[dev80] 20/10/2021 09:08

Time to short

[action] 20/10/2021 08:54

Is collapse in shares price to do with copper prices coming down?