Started the game 7 months ago and the portfolio has always been in the red. A portfolio increase of $649 is needed to put it a dollar in the green. COME ON 649!! I know you can do it, 649!! 649!! 649!!
revenue of FCF US$ 6m or FCF US$60 best for Helium price rally. for 80mcf its not that exciting.
Compare IVZ. guestimate $500m or something output FCF but big expenses.
( don't be afraid to make the case for updating my guestimiate on IVZ, not upto date on it, this is just comparison play).
thinking it through. Unless Helium spot price goes up off course?
MAY and IVZ at same MC now, one has found a significant amount of oil and one hasn’t drilled anything yet. The question is are they overvalued or is MAY undervalued
MAY owns 30% of a huge resource.
IVZ owns 80% of a monolith elephant resource, with another resource about to be announced
Yes, that will go down after farm-ins and PPSA but I put MAY as moderately undervalued while IVZ, if they are sitting on their projected resource, are currently extremely undervalued. Drill first!
If IVZ get to the same stage of exploration MAY are currently at with multi-TCF discoveries, it'll be worth $1-2B
Interesting. MAYs 30% share so far is about $1.2 billion worth giving a $20 profit per barrel using 5% recovery. MC of 250mil, 50million in the bank after conversion, can’t see how it’s valued at what it is
>Interesting. MAYs 30% share so far is about $1.2 billion worth giving a $20 profit per barrel using 5% recovery. MC of 250mil, 50million in the bank after conversion, can’t see how it’s valued at what it is
BS omfg.
its like they haven't drilled yet, reminds me of 92E not a rocket or 88E now 1c or other gas hype something.. fucking wild cat drilling. turned up bs.
If they can prove commercialisation it will bag from here IMO
Until then there's apprehension. Same will happen to IVZ once wells are suspended for testing - I suspect a massive unsustainable pump after discoveries which I will probably sell at (remember when MAY hit 20c after discovery, from 2c a few weeks before)
People will get impatient and sell while we wait to move the rig to well 2 and test Mukuyu, as those things will most likely run into the new year
I'm just an ape though I really don't know shit so take the biggest grain of salt you've ever taken from my rantings
TMK/TPD and Jade seem to be moving much faster in Mongolia than EXR. Jade just grabbed three more large gas blocks. All three have gas and pilot plants on the way. Be interesting watching how they go when gas pipelines start to get connected.
Egh was just about to yolo into IVZ but they have halted. Going to either be one of those "thanks universe for saving me from stupidity" or "F%#[email protected] you universe" moments.
IVZ trading halt. On the ASX platform but not on commsec yet.
Edit: The Company will be providing an update in relation to the expectation that the gazettal notice for the assignment of the exploration rights to the Exclusive Prospecting Orders 1848 and 1849 will be published in the Zimbabwe Government Gazette.
Province and Total Eren Granted Significantly Expanded Licence Area for HyEnergy® Project
Highlights:
• Total area secured with section 91 licences to date now exceeds 3,000 square
kilometres
• HyEnergy® partners Province and Total Eren uniquely placed to pursue the development of a Green Hydrogen project in the Gascoyne region
• Negotiations underway with Western Australian Government for enduring tenure over project area
Province Resources and Total Eren have secured another section 91 licence over an additional 2,217 square kilometres of land in the Gascoyne region of Western Australia as they expand their footprint for the HyEnergy® green hydrogen project.
The most recent issue builds on licences already granted over 805 square kilometres of land in the region, taking the total area under licence to more than 3,000 square kilometres.
The section 91 licences issued under Western Australia’s Land Administration Act allow the Company to conduct studies to support feasibility activities for the HyEnergy® Project.
The latest licences were issued after Province and Total Eren secured support from the native title groups in the region, the Yinggarda Aboriginal Corporation and the Nganhurra Thanardi Garrbu Aboriginal Corporation.
Agreements have now also been finalised with the owners of a number of pastoral stations in the region.
Province CEO and Managing Director David Frances said the section 91 licences would allow the Province and Total Eren to undertake important feasibility activities.
It would also pave the way for the HyEnergy® proponents to secure enduring tenure
I have to admit I scrolled down to the second page with trepidation. Didn't think they would be pulling a cap raise now but speccies love to surprise....
They still saw a revenue increase of 50%, I'm guessing they are betting on the record increase demand in travel, coupled with increase in ticket prices, to recover quicker in the next few years.
[https://www.smh.com.au/interactive/2022/blood-gold/index.html](https://www.smh.com.au/interactive/2022/blood-gold/index.html)
I know for this place its a bit of a read and a bit confronting but I highly highly reccomend reading this, as for most people here these sort of African mines and Chinese JVs are common. Makes me absoultely sick to my stomach, puts things like the PSC takeover in a much sadder light.
Hotcopper boomers can't decide whether increasing the buy back, or increasing the dividend is the right move. They're senile, so I'll forgive them.
40c FF dividend is still really good. It's 5% yield for the current half.
Can easily see it go down on the dividend news, but can also see it go up on the guidance news as well as probably a $4+billion net profit for next year at the current coal prices.
LRS:
Lrs diamond hands here. Finally starting to get the credit it deserves.. Every announcement cements this as a future big player in the lithium space.
LPM:
My other side venture. Bought in at 40c based on historical lithium intercepts of 12m of 1.4% with shallow drilling. Just intercepted 43m of pegmatites with our first drill hole 50-100m away from historical hole.. Statement by company implies historical visual spodumene estimates of 20-30% are backed up by this drill hole. So waiiting on assays but next hole results should drop any day but expect a big run if assays come back 1.4/5%+.
Have a fair few tenements all neighbouring cxo aswell so lots of drilling to be done in due course.
US$337m NPAT with only one quarter of genuine exposure to spot prices across all assets—impressive from AKE.
Don't have time to look through it yet, but I went quickly to James Bay. Looks like they're going to accelerate downstream.
You mentioned the PowerCo (VW) ambition in Canada. I think they've really only got a few options:
1. Livent (Nemaska): company with carbonate and hydroxide experience & asset 50% owned by IQ (holding company of Quebec govt)
2. AKE (James Bay): company with carbonate experience & pending hydroxide (Naraha)
3. SYA (Moblan): asset 40% owned by IQ
4. SYA/PLL (La Corne): IQ preferential shareholder, near term production
Impressive numbers for sure.
Re: PowerCo, it's going to be interesting to see how that plays out. Canada has some nickel emerging too, I'm keen to see just how far down the food chain they're willing to go (they happily make ridiculous bets on risk/scam battery tech plays, why not developers?).
The Mt Cattlin operations update at the bottom of the pile of AKE announcements is worth a quick read. Deciding to hock 30-100kt of 1.3% "concentrate" for ~550/t
Petition for me to become apx new CFO or CEO. Both are sinking the company so fast I must be able to do better. I'll email in the downvotes as my resume, thanks!
Usually companies release their announcements around the same time as previous announcements
So if results just check previous results, or if cap raise rip
If I cash it all in now my profits are enough to buy a new car. So yeah, lots of thinking on if I should be sensible and lock profits in now, or let (most of) it ride? (this strategy in my last 18 months of penny stock ~~gambling~~ investing has typically bitten me in the arse)
YOLO, You Only Lose Once.
And by lose I mean miss out. 🤣
I've taken some profit but letting most ride, because I'm greedy, AND need to recover from all my other poor choices over the last 3 years of investing (gambling).
Depends how attached you are to the profit and what your timeframe was going in for when you’d want that cash back. I for one love to cash out profits but I’m also a pretty cautious person. Half the time I just find some other gamble to throw it into though so don’t listen to me
In the same boat. Took profits on my 12+ month units but still have about 80% of original holding.
I’m gonna wait till next positive announcement/price increase and sell a heap more to get close to free carry.
Bring on the hate but I don’t wanna lose all my precious dollarydoos in case it’s a big fat duster on first drill.
Edit: This is definitely financial advice (not really ASIC leave my butthole alone pls).
Your AFR before the bell. Happy Thursday.
**ASX to lift as markets wait for Powell speech**
Australian shares are set to open higher as an uncertain week continues on Wall Street.
ASX futures up 18 points or 0.4 per cent to 6,921
* On Wall St: Dow +0.1% S&P 500 +0.2% Nasdaq +0.5%
* In New York: BHP -1.7% Rio -3.5% Atlassian +0.5%
* Tesla +0.9% Apple +0.2% Amazon +0.5%
The local currency down 0.4 per cent to 69.05 US cents
On bitstamp.net, Bitcoin was up 1 per cent to $US21,654 at 4.15am AEST.
The yield on the US 10-year note advanced six basis points to 3.10%.
On Wall Street, gains were pared in a slow session with traders hesitant to make big moves.
Edward Moya, senior market analyst for the Americas at OANDA: “We are at an inflection point for the mega-cap trade as hedge funds position themselves for further weakness in bonds and a much weaker consumer as the economy slows. Today’s rebound is small and on light volume, which means most traders are playing the waiting game until Fed Chair Powell’s Jackson Hole Symposium speech.
“It is hard to be aggressive with any positioning until we hear from Powell on Friday. A slower global growth environment is not going away anytime soon and now we are clearly seeing broader signs of weakness for the US economy.
“The Fed still has a lot of tightening to do and that won’t change during the winter. Powell’s fight against inflation might send the US economy into a recession late next year, but for now he needs to stick to the hawkish script and leave all options of tightening on the table.”
There’s been no shortage of hawkish Fedspeak in the weeks leading up to the prestigious Jackson Hole, Wyoming annual event that will be attended by policy makers from around the world. The latest such remarks came from Fed Bank of Minneapolis President Neel Kashkari, who said late Tuesday that US inflation is very high and it’s “very clear” that officials need to tighten policy to bring it back under control.
“It’s safe to assume one of Powell’s objectives will be to communicate that there remains work to be done to combat inflation and the hiking cycle isn’t nearing its end. At least not yet,” said Ian Lyngen, a strategist at BMO Capital Markets. “In keeping with this theme, Kashkari’s comment that it is ‘very clear’ the Fed needs to tighten monetary policy certainly resonates, and we expect this is just the beginning of a series of such official headlines.”
**Today's agenda**
Local: CoreLogic Dwelling Prices Aug; Private Capital Expenditure Q2; Housing Finance Jul
Overseas data: China Caixin Mfg PMI Aug; Euro zone unemployment rate Jul; Japan Nikkei PMI Mfg Aug; UK Markit manufacturing PMI Aug; US
Markit Mfg PMI Aug; Construction Spending Jul; ISM Mfg Aug
**Market highlights**
ASX futures up 18 points or 0.4 per cent to 6,921 near 4.29am
The local currency down 0.4 per cent to 69.05 US cents
On bitstamp.net, Bitcoin was up 1 per cent to $US21,654 at 4.15am AEST.
On Wall St: Dow +0.1% S&P 500 +0.2% Nasdaq +0.5%
In New York: BHP -1.7% Rio -3.5% Atlassian +0.5%
Tesla +0.9% Apple +0.2% Amazon +0.5%
In Europe: Stoxx 50 +0.4% FTSE -0.2% DAX +0.2% CAC +0.4%
Spot gold +0.1% to $US1,749.54 /oz at 2.11pm New York time
Brent crude +0.7% to $US100.94 a barrel
US oil +0.9% to $US94.56 a barrel
Iron ore +0.2% to $US102.5 a tonne
2-year yield: US 3.38% Australia 2.99%
5-year yield: US 3.23% Australia 3.35%
10-year yield: US 3.11% Australia 3.62% Germany 1.36%
US prices as of 2.11pm in New York
**United States**
Traders remained hesitant to make any big bets ahead of Jerome Powell’s speech on Friday.
Gains in the S&P 500 waned, with the benchmark seeing another slow session. A gauge of megacaps like Apple and Tesla climbed, with Elon Musk’s electric-vehicle maker getting ready to trade on a split-adjusted basis on Aug. 25. The cohort of big tech outperformed after being hardly hit earlier in the week as Treasury 10-year yields crossed the 3 per cent threshold on renewed Fed jitters.
Tech shares rebounded after being hardly hit earlier in the week as Treasury 10-year yields crossed the 3 per cent threshold on renewed Fed jitters.
Peloton rallied after agreeing to offer bikes and accessories on Amazon as part of a turnaround plan, breaking with a longtime practice of selling products through its own channels.
The news sent Peloton shares up as much as 21 per cent to $US13.54 in New York, the biggest intraday jump since February.
The likes of Snap, Pinterest and Meta have seen both estimates and their stock prices slide this year amid mounting competition and falling corporate ad budgets.
Yet, according to Piper Sandler analyst Thomas Champion, the final cut to forecasts may still be to come.
**Europe**
FTSE 100 tumbled to near three-week lows on Wednesday after economic data highlighted growing risks of a recession, while investors braced for hawkish views from central bank policymakers as inflationary pressures remain elevated.
The FTSE 100 slipped 0.4 per cent, inching down for a third consecutive session. The midcap FTSE 250 index fell 0.5 per cent to touch five-week lows.
Business surveys released on Tuesday signalled the global economy is increasingly at risk of sliding into recession. In Britain, a fall in factory output slowed private sector activity in August.
“If we’re in an environment of higher energy prices in the medium-term, rising interest rates and dollar strength, we think UK markets will remain supported,” said Joseph Little, HSBC Asset Management’s chief global strategist.
**Commodities**
US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe.
Earlier this month, weekly government figures showed an unprecedented 5 million barrels a day of US crude being exported. Shipments are poised to average over 4 million barrels a day over the next few months and into next year, according to the most optimistic in the oil industry.
Gold fluctuated. “Asymmetric risks are clearly building for a bullish setup/reversal after Jackson Hole and into September for precious metals,” Nicky Shiels, head of metals strategy at MKS PAMP SA, wrote in a note. Powell “may actually be mildly hawkish but Fed-sensitive assets like gold rallies, given how offside everything has become.”
Meet a giant fish (like a boss)
Fuck its brains out (like a boss)
Turn into a jet (like a boss)
Bomb the Russians (like a boss)
Crash into the sun (like a boss)
Now I'm dead (like a boss)
TLDR: BOE
☢☢☢
Thanks Japan, India and Michael J Burry for giving Uranium stocks a lil kick-start.
If Sput can sustain a positive premium we could see a good rally.
☢☢☢
*Reference- Japan and India announce new nuclear plant builds. Burry states "nothing greener and cheaper than government fast-tracked nuclear energy" [Burry's twitter and Japan article](https://twitter.com/michaeljburry/status/1562271015635685377?s=20&t=t9AzF__fC2T-y3ycgmr89g)
This news should provide a mini rocket for Canadian lithium miners/producers
https://electrek.co/2022/08/23/mercedes-benz-source-10k-tons-lithium-from-rock-tech/
I've been waiting to sell off the last of my LOT after it's disappointing DFS
Not really sure what's driving this recent run though
UUUU and Cameco are both up massively tonight along with other U names but uranium spot prices haven't changed...
Spot price stable around ~49 with tiny volume is great sign, lets sput catch up to be able to trade at a premium and raise funds, this possibly may align with long term contracting to come in the coming months then watch spot price fly.
Check Numerco on twitter for up to date spot price
[Numerco](https://twitter.com/numerco?s=09)
Current price $47.50/$48.25
Though spot price isn't overall best indicator for market. The long term contracting prices are which are dribble fed to the market.
Spot is just good for checking shirt term hype
My first comment has the two uranium ETFs
UUUU is energy fuels doing both RE and uranium, and Cameco is one of the largest uranium producers that are still in production (I think)
Anyone following this underwater Florida insurance companies narrative?
Apparently the next big hurricane or whatever is going to be a doozy because most of their insurers are practically insolvent. So now as they're unable to take on new liabilities, some of the risk is leaking out to Texas and Louisiana now and fucking with those pools as well.
I've been following it very casually so maybe someone can correct me if I didn't nail the gist
I haven't been following this at all, but if I was to make an assumption on our climate friendly friends on the other side of the pond.
They have completely not planned for this and will ignore it until they're drowning. Then blame it on Biden
FUCK YOU FPS SCRUBS!
Homeworld 3! Company of heroes 3!
The golden age of RTS has come again!
Let's see you console peasants try playing that with a controller!
Ashwagandha.
Failing that, a nice cup of peppermint or chamomile tea.
Edit: oh, you asked how to short, not deal with the existential dread. Maybe do both.
Desktop version of /u/mcfucking's link:
---
^([)[^(opt out)](https://reddit.com/message/compose?to=WikiMobileLinkBot&message=OptOut&subject=OptOut)^(]) ^(Beep Boop. Downvote to delete)
Has this place evolved or devolved? I kind of miss the days of people eating their own cum for bets. Anything moving away from cum eating is devolution in my opinion.
Careful what you wish for pal.
I remember having to post that for [jizzy boy](https://www.reddit.com/r/ASX_Bets/comments/lf94gp/alright_you_sick_fucks/?utm_source=share&utm_medium=ios_app&utm_name=iossmf), afterwards I logged off Reddit for a while and thought ‘what have we become?’….
The comments section on that post still makes me laugh though…
Its the fact that actual retards are hailed as geniuses. This place is niche enough that actual stupidity is scrutinised. You get 12 million mostly Americans in one sub and extreme stupidity naturally becomes the prevailing criterion.
Its a bit more chill I guess, not the worst. Good DD is light but good DD posters are still here which is a +
I mean you could bring it back for your next bet.
If i could do something decent i would without hesitation. I maintain if fuckers like NI can continue unimpeded then ASIC be even less likely to jump on anybody here for DD. Given DD is a pros and cons kinda thing for consideration. Unlike NI pumps which is pros and more pros.
For me I enjoyed the idea of posting DD either in massive comment essays or a post or two because it felt wasted if I did it myself and then it just say there unused after all the work.
But no one DD poster is going to front the expense of getting a license or a lawyer to make sure they can be compliant so its a bit stuck in the mud till either ASIC clears it up or we can get an expert to breakdown what can and get go into one.
See, this right here could even be made into a bet - it's easy.
Bet that you will something creative for the sub by next week OR take a 1 month ban (to think about doing something creative for the sub)
Started the game 7 months ago and the portfolio has always been in the red. A portfolio increase of $649 is needed to put it a dollar in the green. COME ON 649!! I know you can do it, 649!! 649!! 649!!
Gdi ASN trading halt - leaky ship yesterday?
DLE with Sunresin confirmed. Up 33%
Going to get into Novonix today, wish me luck.
> Novonix You think downward trend is done?
Hard to say, not expecting too much in the short term but a good price to get in long term.
GGE I'm a bit surprised in the lack of interest for this one?
pure Helium. Could be a shortage in the future if the forecast is right.
revenue of FCF US$ 6m or FCF US$60 best for Helium price rally. for 80mcf its not that exciting. Compare IVZ. guestimate $500m or something output FCF but big expenses. ( don't be afraid to make the case for updating my guestimiate on IVZ, not upto date on it, this is just comparison play). thinking it through. Unless Helium spot price goes up off course?
Radioactive tendie town let's go! Regret not averaging down BOE but ended up with a small PLS parcel instead so no biggie.
IVZ trading halt...sunnava
IVZ IVZ bot is going to go nuts LKE LKE meme.
Life is less stressful when your whole portfolio is on a trading halt
Qantas is a meme.
US markets up. We are having a green Thursday. All aboard the PLS train 🚂
☢️☢️☢️
MAY and IVZ at same MC now, one has found a significant amount of oil and one hasn’t drilled anything yet. The question is are they overvalued or is MAY undervalued
MAY owns 30% of a huge resource. IVZ owns 80% of a monolith elephant resource, with another resource about to be announced Yes, that will go down after farm-ins and PPSA but I put MAY as moderately undervalued while IVZ, if they are sitting on their projected resource, are currently extremely undervalued. Drill first! If IVZ get to the same stage of exploration MAY are currently at with multi-TCF discoveries, it'll be worth $1-2B
Interesting. MAYs 30% share so far is about $1.2 billion worth giving a $20 profit per barrel using 5% recovery. MC of 250mil, 50million in the bank after conversion, can’t see how it’s valued at what it is
>Interesting. MAYs 30% share so far is about $1.2 billion worth giving a $20 profit per barrel using 5% recovery. MC of 250mil, 50million in the bank after conversion, can’t see how it’s valued at what it is BS omfg. its like they haven't drilled yet, reminds me of 92E not a rocket or 88E now 1c or other gas hype something.. fucking wild cat drilling. turned up bs.
If they can prove commercialisation it will bag from here IMO Until then there's apprehension. Same will happen to IVZ once wells are suspended for testing - I suspect a massive unsustainable pump after discoveries which I will probably sell at (remember when MAY hit 20c after discovery, from 2c a few weeks before) People will get impatient and sell while we wait to move the rig to well 2 and test Mukuyu, as those things will most likely run into the new year I'm just an ape though I really don't know shit so take the biggest grain of salt you've ever taken from my rantings
Yes always pumps pre drill and on first show and pulls back , endless cycle but great to trade. Or get in a year ago and hold long
>get in a year ago and hold long yup. wisdom here.
EXR buying a new exploration asset. The clot thickens..
TMK/TPD and Jade seem to be moving much faster in Mongolia than EXR. Jade just grabbed three more large gas blocks. All three have gas and pilot plants on the way. Be interesting watching how they go when gas pipelines start to get connected.
China wants to move away from coal , could be interesting.
Coal train will always be required until green steel comes into play. That will be the end of coal and its not too far away.
It would make sense for them to buy Jade gas instead of more unexplored land.
Announcement for IVZ and IXR. Come on MAY, join the party and show us your oil
Egh was just about to yolo into IVZ but they have halted. Going to either be one of those "thanks universe for saving me from stupidity" or "F%#[email protected] you universe" moments.
thats poll material.
Huge profits for CHC, no surprise. Not a bet; it's a stable blue chip. I wonder how the market will react to this.
IVZ trading halt. On the ASX platform but not on commsec yet. Edit: The Company will be providing an update in relation to the expectation that the gazettal notice for the assignment of the exploration rights to the Exclusive Prospecting Orders 1848 and 1849 will be published in the Zimbabwe Government Gazette.
At least I don't have to keep hitting refresh on the price for the next 5-6 days
Yes you will!
[удалено]
So Japan was what people were waiting for huh
Apparently india joined the nuclear bandwagon last night, so lots of good news float
More good news for PRL when’s it going to go off ????….
Still a long way to go with this one. I'm just topping up when ever there is a decent pullback.
At this point I feel like its a dog stock
What good news?
Province and Total Eren Granted Significantly Expanded Licence Area for HyEnergy® Project Highlights: • Total area secured with section 91 licences to date now exceeds 3,000 square kilometres • HyEnergy® partners Province and Total Eren uniquely placed to pursue the development of a Green Hydrogen project in the Gascoyne region • Negotiations underway with Western Australian Government for enduring tenure over project area Province Resources and Total Eren have secured another section 91 licence over an additional 2,217 square kilometres of land in the Gascoyne region of Western Australia as they expand their footprint for the HyEnergy® green hydrogen project. The most recent issue builds on licences already granted over 805 square kilometres of land in the region, taking the total area under licence to more than 3,000 square kilometres. The section 91 licences issued under Western Australia’s Land Administration Act allow the Company to conduct studies to support feasibility activities for the HyEnergy® Project. The latest licences were issued after Province and Total Eren secured support from the native title groups in the region, the Yinggarda Aboriginal Corporation and the Nganhurra Thanardi Garrbu Aboriginal Corporation. Agreements have now also been finalised with the owners of a number of pastoral stations in the region. Province CEO and Managing Director David Frances said the section 91 licences would allow the Province and Total Eren to undertake important feasibility activities. It would also pave the way for the HyEnergy® proponents to secure enduring tenure
Translation: we licenced more sunny dirt. To my knowledge, they have yet to start building anything.
PRL > HZR
IXR 2.5c when?
June 2021
and September 2022
EXR TH, they have enough cash, so more likely good news for you bag holders.
I have to admit I scrolled down to the second page with trepidation. Didn't think they would be pulling a cap raise now but speccies love to surprise....
TH in regards to the sale and purchase of another gas asset
Time to make money some money on EXR again.
Time to recoup my -48% 😂
Timbo running it up the flagpole tomorow
In Timbo we trust! ESIA approval can't be far noooooow
🙏
I know indicative price means squat. But ASN is having another run today. I feel it in my PLUUUUMS.
Trading halt on ASN? Resource upgrade again??? Hole number two resource maybe in.
Okay can someone here with a straight face justify a $400m buyback for Qantas?
It seems not real, lose a billions dollars and buyback shares. I can't even see how it makes sense on their balance sheet.
Rob Peter to pay Paul.
[удалено]
Bingo, and putting those Gov grants to use.
[удалено]
They still saw a revenue increase of 50%, I'm guessing they are betting on the record increase demand in travel, coupled with increase in ticket prices, to recover quicker in the next few years.
no
Obviously they have money to burn - that's why they're also giving out $50 rebates for flights as a "sorry, we did a shit job recently"
Weak gutted dog 🐕 is IVZ
[https://www.smh.com.au/interactive/2022/blood-gold/index.html](https://www.smh.com.au/interactive/2022/blood-gold/index.html) I know for this place its a bit of a read and a bit confronting but I highly highly reccomend reading this, as for most people here these sort of African mines and Chinese JVs are common. Makes me absoultely sick to my stomach, puts things like the PSC takeover in a much sadder light.
Heartbreaking. Another risk to note for those who are interested in Atlantic Lithium (Ghana)
Horrible stuff. Going to get out of African miners.
Didn't bribe the right guys enough. Rookie mistake.
That's incredibly fucked up, but the animation of the mine is amazing.
40c fully franked divvy for WHC and intention to extend buybacks 🤰🏾
Hotcopper boomers can't decide whether increasing the buy back, or increasing the dividend is the right move. They're senile, so I'll forgive them. 40c FF dividend is still really good. It's 5% yield for the current half. Can easily see it go down on the dividend news, but can also see it go up on the guidance news as well as probably a $4+billion net profit for next year at the current coal prices.
[удалено]
Ex date September 1st. Record date September 2nd. Payment date 16th September
I reckon the market was banking on more… Dump on open?
booolish
AKE results in.
I came 10 times so far
honey wake up. it's time for another semi annual uranium pump then slow bleed for the next 6 months
My PDN agrees..
LRS: Lrs diamond hands here. Finally starting to get the credit it deserves.. Every announcement cements this as a future big player in the lithium space. LPM: My other side venture. Bought in at 40c based on historical lithium intercepts of 12m of 1.4% with shallow drilling. Just intercepted 43m of pegmatites with our first drill hole 50-100m away from historical hole.. Statement by company implies historical visual spodumene estimates of 20-30% are backed up by this drill hole. So waiiting on assays but next hole results should drop any day but expect a big run if assays come back 1.4/5%+. Have a fair few tenements all neighbouring cxo aswell so lots of drilling to be done in due course.
What's the second I in EBITDAIX?
US$337m NPAT with only one quarter of genuine exposure to spot prices across all assets—impressive from AKE. Don't have time to look through it yet, but I went quickly to James Bay. Looks like they're going to accelerate downstream. You mentioned the PowerCo (VW) ambition in Canada. I think they've really only got a few options: 1. Livent (Nemaska): company with carbonate and hydroxide experience & asset 50% owned by IQ (holding company of Quebec govt) 2. AKE (James Bay): company with carbonate experience & pending hydroxide (Naraha) 3. SYA (Moblan): asset 40% owned by IQ 4. SYA/PLL (La Corne): IQ preferential shareholder, near term production
Impressive numbers for sure. Re: PowerCo, it's going to be interesting to see how that plays out. Canada has some nickel emerging too, I'm keen to see just how far down the food chain they're willing to go (they happily make ridiculous bets on risk/scam battery tech plays, why not developers?). The Mt Cattlin operations update at the bottom of the pile of AKE announcements is worth a quick read. Deciding to hock 30-100kt of 1.3% "concentrate" for ~550/t
Seems to be Impairment, with a nod also to forex gains/losses and some other shit. Seems to be an orocobre thing
Earnings before interest tax depreciation amortisation e(x)tra You're whalecum
Petition for me to become apx new CFO or CEO. Both are sinking the company so fast I must be able to do better. I'll email in the downvotes as my resume, thanks!
This guy chiefs.
AS2 nearology play to PLS just announced. Cost them $200k We should crowd fund a tenement purchase
How much do these things cost anyway?
AS2 is just a thousand nearology's in one
Very clear business model
So, if I'm waiting for an announcement that will be released today, does it become available at some random time between 8-10am, or closer to 8am?
Download ASX app, add ticker as favourite, turn on notifications.
Usually companies release their announcements around the same time as previous announcements So if results just check previous results, or if cap raise rip
Thank you. Looks as though I'm waiting until around 9.10am.
Any time throughout the day. Just depends when the co.sends it to the ASX.
Mudda fuka, print me some moolah
So do I take some winnings on IVZ or get labeled a bitch by everyone on this sub? This is financial advice.
If I cash it all in now my profits are enough to buy a new car. So yeah, lots of thinking on if I should be sensible and lock profits in now, or let (most of) it ride? (this strategy in my last 18 months of penny stock ~~gambling~~ investing has typically bitten me in the arse)
YOLO, You Only Lose Once. And by lose I mean miss out. 🤣 I've taken some profit but letting most ride, because I'm greedy, AND need to recover from all my other poor choices over the last 3 years of investing (gambling).
Depends how attached you are to the profit and what your timeframe was going in for when you’d want that cash back. I for one love to cash out profits but I’m also a pretty cautious person. Half the time I just find some other gamble to throw it into though so don’t listen to me
In the same boat. Took profits on my 12+ month units but still have about 80% of original holding. I’m gonna wait till next positive announcement/price increase and sell a heap more to get close to free carry. Bring on the hate but I don’t wanna lose all my precious dollarydoos in case it’s a big fat duster on first drill. Edit: This is definitely financial advice (not really ASIC leave my butthole alone pls).
Fortune favours the brave - M. Damon
🤮
Instant noodles favour the really brave.
Great maybe we could get together and just eat a bunch of caramels
What does caramels have anything to do with anything?
If you have to ask, you're a bitch
Take some ya bitch
Your AFR before the bell. Happy Thursday. **ASX to lift as markets wait for Powell speech** Australian shares are set to open higher as an uncertain week continues on Wall Street. ASX futures up 18 points or 0.4 per cent to 6,921 * On Wall St: Dow +0.1% S&P 500 +0.2% Nasdaq +0.5% * In New York: BHP -1.7% Rio -3.5% Atlassian +0.5% * Tesla +0.9% Apple +0.2% Amazon +0.5% The local currency down 0.4 per cent to 69.05 US cents On bitstamp.net, Bitcoin was up 1 per cent to $US21,654 at 4.15am AEST. The yield on the US 10-year note advanced six basis points to 3.10%. On Wall Street, gains were pared in a slow session with traders hesitant to make big moves. Edward Moya, senior market analyst for the Americas at OANDA: “We are at an inflection point for the mega-cap trade as hedge funds position themselves for further weakness in bonds and a much weaker consumer as the economy slows. Today’s rebound is small and on light volume, which means most traders are playing the waiting game until Fed Chair Powell’s Jackson Hole Symposium speech. “It is hard to be aggressive with any positioning until we hear from Powell on Friday. A slower global growth environment is not going away anytime soon and now we are clearly seeing broader signs of weakness for the US economy. “The Fed still has a lot of tightening to do and that won’t change during the winter. Powell’s fight against inflation might send the US economy into a recession late next year, but for now he needs to stick to the hawkish script and leave all options of tightening on the table.” There’s been no shortage of hawkish Fedspeak in the weeks leading up to the prestigious Jackson Hole, Wyoming annual event that will be attended by policy makers from around the world. The latest such remarks came from Fed Bank of Minneapolis President Neel Kashkari, who said late Tuesday that US inflation is very high and it’s “very clear” that officials need to tighten policy to bring it back under control. “It’s safe to assume one of Powell’s objectives will be to communicate that there remains work to be done to combat inflation and the hiking cycle isn’t nearing its end. At least not yet,” said Ian Lyngen, a strategist at BMO Capital Markets. “In keeping with this theme, Kashkari’s comment that it is ‘very clear’ the Fed needs to tighten monetary policy certainly resonates, and we expect this is just the beginning of a series of such official headlines.” **Today's agenda** Local: CoreLogic Dwelling Prices Aug; Private Capital Expenditure Q2; Housing Finance Jul Overseas data: China Caixin Mfg PMI Aug; Euro zone unemployment rate Jul; Japan Nikkei PMI Mfg Aug; UK Markit manufacturing PMI Aug; US Markit Mfg PMI Aug; Construction Spending Jul; ISM Mfg Aug **Market highlights** ASX futures up 18 points or 0.4 per cent to 6,921 near 4.29am The local currency down 0.4 per cent to 69.05 US cents On bitstamp.net, Bitcoin was up 1 per cent to $US21,654 at 4.15am AEST. On Wall St: Dow +0.1% S&P 500 +0.2% Nasdaq +0.5% In New York: BHP -1.7% Rio -3.5% Atlassian +0.5% Tesla +0.9% Apple +0.2% Amazon +0.5% In Europe: Stoxx 50 +0.4% FTSE -0.2% DAX +0.2% CAC +0.4% Spot gold +0.1% to $US1,749.54 /oz at 2.11pm New York time Brent crude +0.7% to $US100.94 a barrel US oil +0.9% to $US94.56 a barrel Iron ore +0.2% to $US102.5 a tonne 2-year yield: US 3.38% Australia 2.99% 5-year yield: US 3.23% Australia 3.35% 10-year yield: US 3.11% Australia 3.62% Germany 1.36% US prices as of 2.11pm in New York **United States** Traders remained hesitant to make any big bets ahead of Jerome Powell’s speech on Friday. Gains in the S&P 500 waned, with the benchmark seeing another slow session. A gauge of megacaps like Apple and Tesla climbed, with Elon Musk’s electric-vehicle maker getting ready to trade on a split-adjusted basis on Aug. 25. The cohort of big tech outperformed after being hardly hit earlier in the week as Treasury 10-year yields crossed the 3 per cent threshold on renewed Fed jitters. Tech shares rebounded after being hardly hit earlier in the week as Treasury 10-year yields crossed the 3 per cent threshold on renewed Fed jitters. Peloton rallied after agreeing to offer bikes and accessories on Amazon as part of a turnaround plan, breaking with a longtime practice of selling products through its own channels. The news sent Peloton shares up as much as 21 per cent to $US13.54 in New York, the biggest intraday jump since February. The likes of Snap, Pinterest and Meta have seen both estimates and their stock prices slide this year amid mounting competition and falling corporate ad budgets. Yet, according to Piper Sandler analyst Thomas Champion, the final cut to forecasts may still be to come. **Europe** FTSE 100 tumbled to near three-week lows on Wednesday after economic data highlighted growing risks of a recession, while investors braced for hawkish views from central bank policymakers as inflationary pressures remain elevated. The FTSE 100 slipped 0.4 per cent, inching down for a third consecutive session. The midcap FTSE 250 index fell 0.5 per cent to touch five-week lows. Business surveys released on Tuesday signalled the global economy is increasingly at risk of sliding into recession. In Britain, a fall in factory output slowed private sector activity in August. “If we’re in an environment of higher energy prices in the medium-term, rising interest rates and dollar strength, we think UK markets will remain supported,” said Joseph Little, HSBC Asset Management’s chief global strategist. **Commodities** US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe. Earlier this month, weekly government figures showed an unprecedented 5 million barrels a day of US crude being exported. Shipments are poised to average over 4 million barrels a day over the next few months and into next year, according to the most optimistic in the oil industry. Gold fluctuated. “Asymmetric risks are clearly building for a bullish setup/reversal after Jackson Hole and into September for precious metals,” Nicky Shiels, head of metals strategy at MKS PAMP SA, wrote in a note. Powell “may actually be mildly hawkish but Fed-sensitive assets like gold rallies, given how offside everything has become.”
**Reporting today:** Allkem (AKE) | Appen (APX) | Ardent Leisure (ALG) | Charter Hall Group (CHC) | Costa Group (CGC) | Cromwell (CMW) | David Jones/Woolworths SA (WHL) | | Eagers (APE) | Flight Centre (FLT) | Insignia/IOOF (IFL) | Judo (JDO) | Link (LNK) | Macquarie Telecom (MAQ) | McPherson’s (MCP) | Nine (NEC) | Perpetual (PPT) | Peet (PPC) | Pilbara Minerals (PLS) | Platinum Investment (PTM) | Prospa (PGL) | Qantas (QAN) | Qube (QUB) | South32 (S32) | St Barbara (SBM) | Tyro (TYR) | Viva Energy (VEA) | Whitehaven (WHC) | Woolworths (WOW) Humm (HUM)
Lotus, peninsula, paladin or boss. Which one do I gamble my income on today...
Meet a giant fish (like a boss) Fuck its brains out (like a boss) Turn into a jet (like a boss) Bomb the Russians (like a boss) Crash into the sun (like a boss) Now I'm dead (like a boss) TLDR: BOE
All in on Biscoff
AGE
AKE yearly results today. Price been surging last few days. Should be tasty, not Shakira chicken tasty, but still good.
☢☢☢ Thanks Japan, India and Michael J Burry for giving Uranium stocks a lil kick-start. If Sput can sustain a positive premium we could see a good rally. ☢☢☢ *Reference- Japan and India announce new nuclear plant builds. Burry states "nothing greener and cheaper than government fast-tracked nuclear energy" [Burry's twitter and Japan article](https://twitter.com/michaeljburry/status/1562271015635685377?s=20&t=t9AzF__fC2T-y3ycgmr89g)
Punt comes out of the woods to revive my portfolio. God bless
Nice to see you posting again, true believers have been in the corner accumulating all this year ☢️ 🚀
Or in the corner losing their religion?
Those will fomo back in any moment now
URNM up 14% URA up 11%. As we speak
Uranium up bigly in the US markets right now, my nuts-deep uranium holdings might make tomorrows inevitable hangover and 5km run more bearable.
It’s just a 5k run ffs Think about all the money youve lost the past 6 months while you’re running and youd have ran 3kms already 😂
hahaha it is only 5km but man i hate running 😂
This news should provide a mini rocket for Canadian lithium miners/producers https://electrek.co/2022/08/23/mercedes-benz-source-10k-tons-lithium-from-rock-tech/
☢️☢️☢️🚀🚀🚀 URMN up bigly 8% (now 11%) URA +6% (now 9%) Edit bigger numbers now🥳
So you’re telling me I should not sell my BOE tomorrow 😅 (thanks for the update btw)
I've been waiting to sell off the last of my LOT after it's disappointing DFS Not really sure what's driving this recent run though UUUU and Cameco are both up massively tonight along with other U names but uranium spot prices haven't changed...
Spot price stable around ~49 with tiny volume is great sign, lets sput catch up to be able to trade at a premium and raise funds, this possibly may align with long term contracting to come in the coming months then watch spot price fly.
Wasn't there some news about Japan going nuclear again
Guessing the former is the uranium ETF Is this spot price here up to date? $49 USD https://tradingeconomics.com/commodities
Check Numerco on twitter for up to date spot price [Numerco](https://twitter.com/numerco?s=09) Current price $47.50/$48.25 Though spot price isn't overall best indicator for market. The long term contracting prices are which are dribble fed to the market. Spot is just good for checking shirt term hype
Nah I think that website is delayed pricing by a few days (can't remember how many)
My first comment has the two uranium ETFs UUUU is energy fuels doing both RE and uranium, and Cameco is one of the largest uranium producers that are still in production (I think)
Anyone following this underwater Florida insurance companies narrative? Apparently the next big hurricane or whatever is going to be a doozy because most of their insurers are practically insolvent. So now as they're unable to take on new liabilities, some of the risk is leaking out to Texas and Louisiana now and fucking with those pools as well. I've been following it very casually so maybe someone can correct me if I didn't nail the gist
I haven't been following this at all, but if I was to make an assumption on our climate friendly friends on the other side of the pond. They have completely not planned for this and will ignore it until they're drowning. Then blame it on Biden
Used to many hurricane related words like "leaking" and "pools". Got me confused
That's what I call a GRReat day
Rent free kinda day
FUCK YOU FPS SCRUBS! Homeworld 3! Company of heroes 3! The golden age of RTS has come again! Let's see you console peasants try playing that with a controller!
CoH3 on pre-order yeah son.
Did you play Age of Empires 4? Highly recommend it if you havn't yet.
Found my best guy. Homeworld was an epic saga.
So atmospheric and beautiful as well
People who annoy you N_GGERS NAGGERS
Iconic SP moment.
Not gonna lie, you got me in the first half 🤪
Against my best instincts I drank a can of Mother today and coming down from it has really exacerbated my existential dread. How do I short them ?
MNST has been one of the best performing stocks of all time (69,461.54%)all time
Ashwagandha. Failing that, a nice cup of peppermint or chamomile tea. Edit: oh, you asked how to short, not deal with the existential dread. Maybe do both.
Nasdaq: mnst
Isn't that monster, not mother?
[Monster makes mother](https://en.m.wikipedia.org/wiki/Mother_(drink))
So it's a Coke drink, yet monster makes it. So confused.
🤷♂️
Desktop version of /u/mcfucking's link:
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^([)[^(opt out)](https://reddit.com/message/compose?to=WikiMobileLinkBot&message=OptOut&subject=OptOut)^(]) ^(Beep Boop. Downvote to delete)
Can't be as bad as today right? Someone pulled the plug
Someone pulled the P̶l̶u̶g̶ rug
Has this place evolved or devolved? I kind of miss the days of people eating their own cum for bets. Anything moving away from cum eating is devolution in my opinion.
Make a bet and give me $50K you coward
Fuck I forgot about that. Is he still in here? Legend.
Was it ever established that it was his cum?
Hopefully not a family affair
But family is important, ask anybody from Tasmania...
Be the change you want to see in the world.
Beagle low-key trying to get us involved into his private life shenanigans
Don’t act coy about it
Careful what you wish for pal. I remember having to post that for [jizzy boy](https://www.reddit.com/r/ASX_Bets/comments/lf94gp/alright_you_sick_fucks/?utm_source=share&utm_medium=ios_app&utm_name=iossmf), afterwards I logged off Reddit for a while and thought ‘what have we become?’…. The comments section on that post still makes me laugh though…
Not sure what's worse in that link Watching someone literally down their own cum Or the circle jerk soggy sao love for ZIP
my condolences
Go spend a night on Wallstreet Bets and come back here tomorrow your tail between your legs. We are a fine wine in comparison 🍷
Yeah i do appreciate this place. That sub is fucking awful now.
It's the Apes strong bullshit isn't it?
Its the fact that actual retards are hailed as geniuses. This place is niche enough that actual stupidity is scrutinised. You get 12 million mostly Americans in one sub and extreme stupidity naturally becomes the prevailing criterion.
I like to think the latent communism of some of our members keep them away.
Everyone loves making wHaCkY bets in peak frothy bull market when they're more likely to pay off... not so much like now once reality has hit 🤡
Its a bit more chill I guess, not the worst. Good DD is light but good DD posters are still here which is a + I mean you could bring it back for your next bet.
Just need clearer ASIC rules and the DD will flow freely once more.
If i could do something decent i would without hesitation. I maintain if fuckers like NI can continue unimpeded then ASIC be even less likely to jump on anybody here for DD. Given DD is a pros and cons kinda thing for consideration. Unlike NI pumps which is pros and more pros.
For me I enjoyed the idea of posting DD either in massive comment essays or a post or two because it felt wasted if I did it myself and then it just say there unused after all the work. But no one DD poster is going to front the expense of getting a license or a lawyer to make sure they can be compliant so its a bit stuck in the mud till either ASIC clears it up or we can get an expert to breakdown what can and get go into one.
Pretty much spot on... and it's ironic that the ASIC finfluencer crackdown has muted legitimate DD but done nothing to stem the flow of pumpers.
I do miss the DD, as shit as most of it was. I do think there were a lot more entertaining bets being made rather than just ban bets though.
I have never done a bet here before, I'll give it a think if I can figure out something creative to do for the sub
See, this right here could even be made into a bet - it's easy. Bet that you will something creative for the sub by next week OR take a 1 month ban (to think about doing something creative for the sub)
Sadly I can't take you up ont hat one, I have a lot going on in my life right now and I know I already can't do it justice if I try rush it in a week.
Then the month ban would probably do you some good 😋
Do EEEEEEEEEET
Darwin did sail on the beagle. You'd know all about evolution