Hints and tips:
...Soon afterwards, Geovanis became chief executive of Somerset Coal International, a small Moscow-based mining technology company whose shareholders included Black....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...As a proportion of GDP our debt remains lower than the USA, Canada, France, Italy and Japan....
...The breakthrough came thanks to public information: an announcement from the Whitechapel that V-A-C would be funding a series of projects....
...But more than half of the 13,000 companies that did report to CDP were scored as “C” or “D”, meaning they were only just beginning to recognise their environmental impact....
...While ETFs tracking the S&P Global Clean Energy Index received an A+ score from TrackInsight, others, such as those replicating the MSCI USA Extended ESG Focus index, were given a C+ (D is the lowest score...
...Needham and D. Hotson. Charlie Bean: Few downturns are exactly alike....
...Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010: Robert Jelly, Warwickshire Crossword 16,093: V Le Quesne, Salisbury; Sue Topham, Newark; Anthony Evans, Hove Polymath 1,009: AC Lambirth,...
...Last week Canadian mining billionaire Eric Sprott made his biggest personal investment in silver, buying a C$60m ($42m) stake in Toronto-listed explorer MAG Silver....
...Mr Kulibayev, who has served on the Russian energy giant’s board since 2011, is the son-in-law of the former Kazakh president and has wide-ranging business interests, from banking to mining and real estate...
...CTRL-V the General Data Protection Regulation, there’s going to be a problem with building a tech alliance with the US....
...Our current FY21E estimates effectively assume flat admissions versus FY19 (which were 14% below FY18 in the USA)....
...An early paper published by the Rand Corporation is The Prediction of Social and Technological Events (1949)....
...For global investors Endeavour Mining is a re-rating story as the group grows in scale post closing its Semafo transaction....
...2019 to around 1.2mb/d (vs JPMe 1.4mb/d)....
...GILD’s c$15bn cost base vs $11bn core op.income, of which c$5bn lies in R&D/SG&A), but also require very significant job cuts at a time of global economic hardship....
...Ibstock reports brick volumes are currently c.-70% YoY and concrete c.-50%, while Forterra reports bricks and blocks currently c.-50% YoY....
...NG's d/y (JEFe 5.6%) is above its historic average. Scenario analysis suggests credit concerns are overdone....
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...Mining balance sheets are solid, unlike in 2015 – with a few exceptions Lessons have been learnt from the 2015 balance sheet crisis....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...We also see this as a positive as Sally has a mining and geology background from the Royal School of Mines....
...Our favoured names include Polymetal (Buy, price target GBp1,420), Resolute Mining (Buy, price target GBp84/AUD1.60), Endeavour Mining (Buy, price target CAD31) and Hummingbird Resources (Buy, price target...
...No evidence of volume decline from MERS or SARS: During outbreaks of MERS (Saudi Arabia, c.2013/2014) and SARS (China/HK/Taiwan/Canada, c.2003) there was no evidence of changes to underlying volumes....
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