Joint venture between #MVVIVE and #Kazera is expected to increase six-fold to 35,000 tons of gravel per month.
Profits from the joint venture, which will become operational by 1 October 2021, look for a strong bounce from these levels
The Government has pledged massive targets every year to encourage the adoption of EVs. #nissan and German and Italian car manufacturers produces EVs for Europe, highly positive for those mining and resource companies with assets close at hand
Tight stop at £16.94…
Q4 should be strong as results of their BAM golf project are due and balance sheet looks set to go into blue.
Junior Lake portfolio for battery metals look prosperous as well, all coming in Q4
I've been bullish this ETF for a little while and it has been consolidating and building nicely. There is another bullish break of a flag - still looking for 38.50 target initially. Been paid a nice cheeky monthly dividend while we wait.
Reaching a significant area of value just as they hit Gold in their new exploration programme at the Labola project.
The results are likely to be incorporated into the maiden resource estimate currently being prepared, results will be announced in Q4.
Really interesting corresponding cycle crossover.
Disclaimer: I am not a financial advisor. This is not advice. This is factual information based on my proprietary models.
This has to be considered as a trading idea. If Evergrande should fail, HSBC is one of the main holders of the securities, between January and July, HSBC added 40% more in Evergrande bond shares, but total portfolio exposure is down to 1.22%. Are we really sure that there will be no contagion on financial groups?
Friday's massive volume shows that traders and investors are betting on easyJet to turn it around. One day does not make a reversal although the high volume seems compelling.
LSE:NCC
Is the sell off here warranted? I am not so sure as there are 2 diverging activities here.
Initially from the 13th of September, the fall was looking justified with increasing volume on any new lower candles.
Yet this last candle has produced one of the highest volume days yet, trading within a smaller range than previously.
So I am now seeing...
Will Just Eat break diagonal resistance and head for a bottoming pattern and subsequent trend reversal?
Possible completion head after left shoulder and neckline at 81?
Time will tell.
#ZIOC – After the cost of a iron ore breached $100 today, we are looking for opportunities to improve supply of iron ore globally… Zanaga is setup to start capitalising on its 2.1bn ore reserve, with a staged development about to happen that will see 30Mtpa in operation.
Strong buy…
PAF released their annual report today.
Positive
Yearly earnings up 63% , now PER is at about 4. This is incredible !!!
Insiders (CEO and financial executive) bought a lot of shares recently
Dividend will increase 28.5% (vote in November)
Stock buy-back announced (to be precised later)
Awaiting a lot of infrastructure developments and prospection results...
Late last week on the trading desk, I presented a technical chart highlighted my perspective of the monthly chart for Glencore relative to Anglo American Plc on the London Stock Exchange (LSE), with the comment as follows:
The relative monthly chart for GLEN vs AAL is suggesting the potential for a long-term shift, where GLEN could outperform AAL.
I've...
