WAR !

  War leads to many miscalculations and of course mistakes. Some dreadful deeds are also done and are likely never to be punished . Especial...

About Me

Retired but always looking for new challenges.

Monday, April 2, 2018

THE UNFORSEEN CONSEQUENCES OF CONFISCATION !

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The confiscation of land with out compensation is abhorrent in the Western Civilized World, and rightly so!
It would seem as an extreme left-wing with in the African National Congress and sister party the EFF have exploited a weakness in the change over of power to Ramaphosa the new President as a sop for their votes that helped topple the former president Zuma.
The new president has done much in his short time in power to reverse the looting of the state coffers which has brought us to one notch above junk status. Moodys seems willing to give us the benefit of the doubt for at least the next six months and has even upgraded us to stable from likely down grade! 
Ramaphosa latest move by replacing the revenue services head who was helping Zuma with state capture for his own ends.The revenue will recall former well educated persons and their independence will be restored.
One of the unforseen consequences of the land grab legislation which has not come into law yet and has to go thru two more stages where it is being vigouresly  opposed by opposition,is the largely unreported illegal occupation of so-called land farmers are letting lie fallow so as to preserve the ecology, by bus loads of obese, extreme  party supporters.Six police or so might turn up,then beat a hasty retreat when threatened.
Its not as if there is no land available as roughly three thousand farms were sold to the state at reasonable prices when the new constitution was adopted in 1994. They now are mostly in the hands of Zuma officials or lying dormant.
If it were not so sad it would be funny as these paid idle land invaders dwindle  noticably as the harsh conditions of being on farms without amenities is obviously not for the feint-hearted! Startling to see half built shacks completely only a a handful to claim squatter rights.Costs farmers a great deal to legally remove these.A great deal of intimindation towards the farmers,plus the locust mentality apply, they really do not want to farm,but are interested in making a quick buck !
According to these left-wingers,an unproved 70% of producing farms is still in "white hands  ! " In this number they include Europeans,Asians 
 and what they call sell-out blacks and companies belonging to all races.It would seem any body that bought the arable lands and cattle farming areas some times from the present government and are successful and pays 90% of the farming area tax are being targeted. If their move succeeds there will be starvation as witnessed in our neighboring country Zimbabwe.

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Friday, March 2, 2018

THE BIGGER PICTURE !

Hats off to the Japanese industrialists and government for recognizing the fact that Fuel Cells are far superior to batteries to keep the environment free from pollutants. All the big auto manufacturers and industrial engine manufacturers are on board.Also used in catalytic converters, the Platinum Group Metals are tops.
The rest of the world manufacturers are taking the line of least resistance and falling over each other to produce mostly lithium long life batteries.
Already countries are complaining about the use of electricity that simply will not be enough to reload these batteries and are already suggesting that they will have to recharge them at night, which  by the way usually will take all night  to recharge. 
This electricity will mostly be produced by coal fired power stations for almost the next century.
Talk of pollutants!
On the other hand Fuel Cells can get a recharge in about fifteen minutes at special points that will continue to be added to existing garages and larger sites for industrial use.
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Friday, February 2, 2018

A SOUTHERN AFRICAN MINING REVIVAL ON THE CARDS !

Already some exploration companies from Canada and Australia are coming to our country to" test the waters" so to speak. That is to see if the new president elect can make this country mining friendly again. Optimistic talk is  on the increase again, as more mining friendly announcements are made. Unfortunately the new head of state is only likely to take over  next year, unless the incumbent is removed earlier,a difficult task at best.
  Our country is mineral rich  in quantities  that make mining worth while. Unfortunately very little exploration has been done for a couple of decades as the environment was hostile with seizing assets the talk of the day and increasing impossible taxes proposed .
 We locals feel  quite confident these days and feel the future is bright in providing much work for the population and a decent income for workers.
1.CLICK ALSO MINING AND RESOURCES NEWS IN SIDE-BAR FOR GREAT UPDATES

2.Also read my most popular page in the side-bar for new stocks this year -namely -MY SPECIALIST REVISED WATCHLIST

3. See the NEW  Medium Cap Shares in the side-bar as well as all the other updates.

Tuesday, January 2, 2018

A GREAT BOOST FOR THE NEW YEAR !

THE OLD YEAR ENDS ON A VERY POSITIVE NOTE FOR SOUTH AFRICA AS THE  RAND SURGES TO LEVELS LAST SEEN MONTHS A GO ON THE BACKGROUND
 OF CHOOSING 
A NEW PRESIDENT NOT MIRED IN SCANDAL AND ONE THAT IS A  SUCCESSFUL 
BUSINESS MAN AND SHOULD BE  FAVORABLE  TO BIG BUSINESS THAT WILL CREATE JOBS AND REVERSE THE PROCESS OF DOWNGRADES.

How ever the mood is still sombre in more enlightened circles as the president elect did not have a clear run as the former president nominated his wife who won almost half the seats and many radical resolutions were adopted that are supposed  to be implemented by the new president.
The worst of these is land grabs, that is taking good agricultural producing land with out compensation and re-distributing it to the peasants . Our neighbor ,Zimbabwe did this under the dictator Mugabe . The result was disasterous as their economy collapsed completely. That country was the bread basket of  Africa. As usual the majority land was distributed to Mugabe relatives. They had no money to pay for imports and no food to eat.Days of celebration followed  the overthrow of Mugabe after thirty seven years of hardship and death of many from starvation.
South Africa considers itself more sophisticated ,but such populist veiws are held by a vast amount of tribal people ,who want to this to be extended to the cities as well. 
Although the racial card is played as it is said whites hold most of the profitable enterprises,this is not simply true.After three hundred years in this country there very few pure white families left!
The civil service is 95% black now,which leads to another point that their pension fund is wholly dependent on shares on the stock exchange to grow their pensions,if these are seized they would end up with no pensions.
Another call is for the mines to be nationalised. 
These mines also pay heavy taxes and in some instances royalties which would immediately be lost to the fiscus if nationalised. 
 As the rulers now can not even run the government or semi-parastatals properly how earth will they manage the mines!
Do remember that the government already runs the national airways and electricity supply at increasing  huge losses !

1.SEE THE SIDE-BAR FOR LATEST UPDATES.
NEWEST UPDATE ALWAYS AT THE TOP OF THE LIST. 
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d) The final declarations of the NEW WINTER LIST ARE NOW IN PLACE for 2018
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f) Mining and resources update in place.
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Friday, December 1, 2017

Lessons and Surprises !

Do check out the side-bar for all the latest updates on a variety of subjects from Shares,Derivatives and items such as Bitcoins. The latest updates are always near the top of the list


1.The eyes went open of many of our South African socialist politicians when they observed how the population of our neighbor state ZIMBABWE  went wild celebrating in the streets for days at the fall of the socialist leaning tyrant Mugabe was deposed after 37 years in power. 
At independence Zimbabwe was referred to as the breadbasket of Africa. Our local politicians held him up as some one they would aspire to be like!

2. Agro-mining is likely to be the the in thing in future. That is using plants to take up metals especially on worked out mines ,then to extract this from the plants to get the minerals from the harvested plants and then process the contents.

3. At the moment lithium batteries are over shadowing fuel cell technology especially in passenger autos. 

4. All these resource subjects will be further commented upon on the Bvians Abacus Information Alerts website. So be sure to check it out.

Thursday, November 2, 2017

NOW TRENDING OIL !

 Oil is now trending as surprising as this now sounds. 
 Oil has clawed its way back and it now is less volatile and likely to stay above $60 per barrel for Brent for the for see-able future. 
 The reason it would seem is that Saudi Arabia the leader in Opec has been able to curtail the amount of oil produced by the cartel more successfully than the former times when there was over production.

(Also visit... Bvians Abacus information 
Alerts... for comment on new ideas usually first discussed there)

Do remember it is likely to take another decade before alternate so called "clean energy " will start to diminish the use of fossil fuels and even longer to phase them out.
 Opec has now also consulted the shale producers and has pointed that its in every producers  interest to curtail oil production as a glut leads to not only falling prices,but large losses and companies going under. As we understand it there is no formal signed agreement between them but relies on mutual advantages at the moment.
 When the price falls too far there is no advantages for frackers 
either as now banks are adverse to lending them extra monies to continue their drilling as there is a social aspect as ground water does in some instances become contaminated.
 On the sidelines of course are deep water drills standing idle as this costs the companies billions of US Dollars. So they would not require a higher price to cover their debts.

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Sunday, October 1, 2017

MINING SURVEY FRIENDLY COUNTRIES

  A Mining survey shows that the most mining friendly countries and areas are ARIZONA,NEVADA,FINLAND,MEXICO,IRELAND,WESTERN AUSTRALIA AND QUEENSLAND.  

On the whole African independent states including South Africa have fallen out of favor. These regions formerly were very favorable to miners. The governments since independence when they took over from in their eyes from the much maligned colonialists who handed them good working economies on a platter have been very corrupt ,lazy and are it would seem only interested in lining the pockets of politicians and top government officials.
Looting has become commonplace and increased taxes have made establishing new mines a risky enterprise. Added to this now further talk of "windfall taxes" and socialist polices of nationalisation have driven overseas capital away completely.
These indigenous officials don't seem to realise that it takes millions of US Dollars to establish a working mine and this process can take up to ten years and not all mines can be profitable as metal and mineral prices rise and fall all the time.

Older mines are closing down plus heavy taxes and royalties shedding  thousands of jobs with no replacements on the horision 
is causing great misery.

Whipping the local indigenous Africans populations with talk of "white mining exploitation !"  is not helping matters either. Also The new mining charter in South Africa will bring new misery. South African mines have some of the best legislation ,which compares well with the world in protecting laborers rights.
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