INTJ A Hong Kong based researcher for the Dutch Commodity Discovery Fund. https://nitter.gq/t.co/IXEhby0qNR Comments are my opinion only
Joined October 2017
- Tweets11.1K
- Following1.7K
- Followers12.2K
- Likes32.1K
Pinned Tweet
A Chinese geologist applauded Azure as a textbook example of ONLY spending 9 months from an exploration junior (for lithium) to getting itself sold to a major. The following collapse of Li price actually made this sale even more remarkable! – at Yau Tsim Mong District, Hong Kong
Shanghai Futures Exchange warehouses hold just 33,848 tonnes of copper, the lowest in almost three years and less than one day of China's consumption. Meanwhile, Comex warehouses in the US hold 732,943 tonnes, more than double a year ago.
The world isn't short of copper. It's in the wrong place. About 86% of exchange-tracked supply now sit in the US, shipped there ahead of possible tariffs, and that metal is stuck: if tariffs come, it's worth more inside the US than anywhere else.
China, as a result, is paying record prices for metal available now. The Yangshan import premium hit $230 a tonne on Monday, Shanghai spot premiums have tripled in two weeks, and the December–January spread on the Shanghai exchange is the steepest since 2005. Trafigura has reportedly been outbidding rivals for November and December cargoes. LME copper is around $13,940, just under the $14,000 level traders are watching
#Copper
The mkt has always believed ~80% chance of a Fed hike in Dec in the last few weeks. The hot inflationary data certaintly won't change that, but it should have been factored in. What the mkt hasn't factored in is next yr - currently mkt expects ~2x hike in 27, I think could be 4x
Wall St retreats as hot inflation data, Fed comments fuel rate worries bit.ly/4zzNDPP
2
911
Moving forward, some minerals will have 2 prices - Chinese prices and non Chinese prices. #rareearths
I will take this as another sign of precious metals bottoming. The more idotic posts, the stronger conviction. In the long run nothing matters becoz we will be all dead u idiot!
#uranium is a China's story, as China will be the fastest growing nuclear power country in the next 10-20 yrs, and will surpass the U.S. and becoming the world's largest nuclear power by 2030. Maybe some U.S. tech fund managers dont even know where China is in the world map?
🦁Markets roared today in US midterms celebration🇺🇸🇨🇦🥳 but #AI wasn't invited🤖🚫 as traders discarded their baskets of chip-makers, data center builders, #Nuclear & #Uranium #stocks🧺💻⚛️⛏️🚮 over fears of a Dems-led US #AI slowdown😱 while the real action for U is accelerating Nuclear growth in #China🏎️🔥⬆️⚛️⚡️🇨🇳 and a new ~390M lbs strategic uranium reserve putting more constraints on #Kazakhstan's #U3O8 exports🗜️🇰🇿⛽️ that add even more heat to the U sector's already extremely bullish indicator.♨️🌡️🤠🐂
Great dinner with @Teo_Sinamin in Hong Kong. My advice to all government officials and critical minerals companies executives :you all better talk to him the guy knows so much in the business and what it takes to make the whole thing works #tungsten #antimony #gallium #rareearths
3
15
1,800
My relatives in Canada have recently visited Shanghai.They visited a public hospital but as they were not familiar they ended up wasting lots of time but still managed to get an MRI scan for US$75.I said you guys should have visited a private hospital they serve like 5 star hotel
This is a glimpse of what I have been saying, that China has the potential to be a global illness treatment hub
1
5
1,441
Also take notice on what happened with Boss Energy, Deep Yellow's Mulga Rock, and Lotus. Physical #uranium should be the foundation of everyone's portfolio but this even many portfolio mangers dont understand.
$CCJ Cameco cash cost +22% yoy, total cost +19% yoy
$KAP.L Kazatomprom cash cost +45% yoy, AISC +35% yoy
When even the 2 best performing, lowest cost producers in the world see spectacular cost inflation and are struggling to generate proper return on invested capital, the price must go up by A LOT to incentivize and sustain the level of production needed to meet demand in 2030 and beyond.
Physical uranium funds $YCA.L $SPUT $U.UN.TO trading at a deep discount to the spot which itself is trading at a sizeable discount to the *lowest offer*(!) long term price, is a no brainer bet right now.
Im starting to become a fan of Yaxel (wanted to wait a few games first to see if his play can back him up). Hope he will have a long and good career, while remaining as who he is
One thing about Yaxel Lendeborg is that he’s got no filter, which is honestly pretty respectable.
When I interviewed him at the Combine and Summer League, he was one of the most honest players I’ve ever spoken with. This postgame is a prime example of that⬇️
1
1
1,043
NBA is a business, and Flagg is one of the faces of the league. It doesnt matter if the play is dirty or not, Nesmith as a commodity is easily replaceable while the league needs to protect its valuable assets.If no suspension then there will be more blue collars hurting the stars
BREAKING: The Dallas Mavericks announced that Cooper Flagg underwent an MRI that revealed a mild left shoulder sprain, and he is OUT for tonight’s home opener against the San Antonio Spurs and will be re-evaluated next week.
Flagg suffered the shoulder injury after a flagrant foul by Aaron Nesmith on Friday night.
1
6
1,387
The Chinese economy has been in deflation for yrs,high unemployment rate,low consumption desire.But lots of bubbles have already been deflated unlike the US.Instead of spending in wars,they spend $ on tech development, manufacturing & infrastructure. nitter.gq/i/trending/21140517874…
Who cares about margin when some of the fund managers feeling they are too old and too late to learn commodities, and maybe some dont event know how to spell tungsten? I know someone famous who always predicted a US$30 oil price 😆
CMOC 洛阳钼业 released its Q3 results.
Look at those big fat margins in their mining segments.
80% on Tungsten!!! That's accounting the -16% drop in production coming from Yulu JV.
But CMOC's Tungsten is coming from tailings operations so it's not a good representation of the entire market.
Even a niche metal like Niobium is getting 42.69% gross profit margin.
The Chinese efficiency is unreal.
No intention to offend anyone, but if there is a new technology that could create gold from thin air, I would bet my $ such technology will be developed by the Chinese - they are good in destroying a market by ramping up supplies until margin goes negative
Ever notice that once in a while you see new supply of #Gold
1. Asteroid mining 11/2024 (Gold price $2651-2749)
2. Earth is leaking gold 6/2025 (Gold price $3281-3452)
3. Alchemy works 10/22/2026 (Gold price $4024)
Usually the market would believe that for a while (no matter how ridiculous the claim is) and then price shot up 🤔
3
10
1,615
Thats why my exit strategy is always hoping for M&A. Since 2021, 22 companies announced being bought out when I was holding their shares. 1/3 of them were from the lithium space. Hope more M&As will take place in the critical minerals space.
Lots will go wrong. Always does. Better off investing in speculation, rather than 'real business' - as soon as developers become producers, the alpha is gone.
1
8
1,462
This is a glimpse of what I have been saying, that China has the potential to be a global illness treatment hub
China-made cancer drug to go on sale in US after Americans travel to buy it
scmp.com/news/us/article/337…
