0.55, ouch |
Merry confetti Xmas everybody |
On topic - consolidation of miners continues: Northern Star is acquiring De Grey. |
"...only for Biden to ban the project in return for the Navajo and Apache votes in the swing state that had won him the previous US Presidential election"
Might there be an echo of this in Starmer's bowing to the activists' demands to refuse further exploration and development in UK territorial waters for oil and gas?
The Greta Thunderpants lobby cannot comprehend that it costs more in terms of emissions to import LPG in cooled and pressurised containers on specialised vessels from sources thousands of nautical miles from us. |
Not seeing any such risk - they will be hedged with either stock or CFDs. They stay ahead of the game. |
I'm sure this will be welcomed by Harry and all the deal makers.
hxxps://www.ena.et/web/eng/w/eng_5552576
www.ena.et/web/eng/w/eng_5552576 |
Ethiopia's mining sector attracts increased global and private investment | TV BRICS, 30.11.24
Ethiopia's mining industry is gaining significant momentum, with both domestic and international investors showing heightened interest, according to the Ministry of Mines. This is reported by ENA, a partner of TV BRICS.
Habtamu Tegegn, Ethiopia's Minister of Mines, noted that the mining sector is being strategically aligned to bolster its contribution to the national economy, with private-sector involvement and international partnerships at the forefront of its advancement.
The minister reiterated the government’s commitment to fostering sustainable growth in the sector, calling for collaborative ..... |
Example, they entertain the 100% 1m staked long as 50% of aim drops 50% or goes bust, when things shape positive they cut their risk exposure, again my take |
What the spread co's mean is, when their clients are 100% long they foot the bill if 1m staked does 400% ie 4m, their usual profit source 'the spread' between buying and selling as in forex or Barclays doesn't exist until the Kefi stock finds some equilibrium of buyers sellers during re-rates, So to negate being potentaily 4m out of pocket they need to be sure they can buy in apx 3-4m of stock to be level and then create the spread to work profit again, Their 'risk' is can they get hold of 3m of stock when needed, my take anyhow |
Mmmmm. But surely they hedge, hedge, hedge? |
Well if the bookie allowed us to buy more shares and we get good news this week they would have to pay out. Making them a loss |
I can't. You will have to ask them.
But it is what they told me! |
No. Explain how they would be "at risk", bearing in mind that they are bookies, not gamblers. |
ACT re 6800,
I think a better wording would have been "at risk". Does that explain it to you? |
Like I said it was a post by hubstar on LSE that I copied over |
"...so it adds weight to the market expectation that RNS is close. They know they would be caught out bigtime and more so in event of an intraday RNS."Explain how they would be "caught out". |
Kurmuk Gold Mine to begin plant commissioning by 2025..
..The government has been providing support, recognizing the mining sector’s importance for economic growth, job creation, and foreign exchange earnings. Brox, an Allied Gold shareholder, emphasized the long-term nature of mining projects and their transformative potential for the region. Located in Benishangul-Gumuz State, Kurmuk Gold Mine is Ethiopia’s largest mining project and a major initiative in Eastern Africa. Currently, the project has created around 600 jobs and is set to employ over 1,700 people by the end of the fiscal year, showcasing its significant impact on job creation and economic development.
some big calls about the gold price at year end and end of first quarter next year. |
Barry, you are very nice!In fact you are a star!Well, more of a starfish!Yes, a chocolate starfish :-D |
Indeed,
I did spot them turn up a day or so ago and kindly pointed this out for avatars attention. |
They are pumping each other non stop on LSE. |
Thanks Monte. |
.65 bid for a second there! |