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"Actions speak louder than words; let your words teach and your actions speak." - Anthony of Padua."
https://www.stuff.co.nz/national/126...at-tiwai-point
" They contain fluorides, cyanides and nitrides, and can produce explosive gases when mixed with water."
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RIO5years.JPG
 Originally Posted by Bobdn
we know the music can stop abruptly.
34% down in one single quarter.
For clarity, nothing I say is advice....
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I wonder how many squillions it will cost to clean up Bluff properly?
They seem to be good at kicking the can around the road then screwing cheaper & cheaper power
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Originally Posted by kiora
I wonder how many squillions it will cost to clean up Bluff properly?
They seem to be good at kicking the can around the road then screwing cheaper & cheaper power
If the price of aluminum holds, we may never find out.
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Originally Posted by peat
BHP graph looks very similar. I don't get it, commodity and oil prices are going gang busters and the share prices of both are tanking ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by Beagle
BHP graph looks very similar. I don't get it, commodity and oil prices are going gang busters and the share prices of both are tanking ?
Hi Beagle, BHP sold off its oil and gas recently, also their main product, iron ore has recently collapsed.
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Originally Posted by clearasmud
Hi Beagle, BHP sold off its oil and gas recently, also their main product, iron ore has recently collapsed.
Thanks. Also noted overnight some experts expecting a really bad slowdown in China which could badly affect most commodity prices.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Did you know every household in NZ is subsidising Rio $200/year?
"He said as a consequence households could be paying up to $200 more per until 2024, when the power supply contract between the power generators and the smelter expires.
Stevenson-Wallace said the arrangement had led to greater electricity demand, higher wholesale electricity prices, and more gas and coal generation."
https://www.1news.co.nz/2021/10/26/t...8+October+2021
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I've put in an order just above $A94
For clarity, nothing I say is advice....
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Originally Posted by peat
I've put in an order just above $A94
That order at the end of 2021 never got hit but I did pick up some in July this year at 96
Starting to look interesting as tho 9 months of bear is the finish.
RIO.JPG
For clarity, nothing I say is advice....
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