B2GOLD - the Goose struggle continues -
$btg $bto.to any significant down time will crush the stock. Very cheap might become "fire sale" cheap. Prepare your stomach to sit thru volatility or get ready to BTFD.
FCF yields more than 15%, shareholder returns frameworks, Growth capex funding secured for couple of years and all this at Brent 60-70 USD. Where can you get this part from Gold & Silver miners.....Oil only
@RealPeterLinder Peter - with oil "flash crash" is it "offshore" or "oil sands" or "dividends Latam" or its "Growth only" oil stocks on your list normally.
I love this Budget for ONE major reason: hiking of STT on derivatives. Derivatives are a poison x cocaine, eating away at the roots of our youth. Its destructive effect will be felt by generations. It's a pure wealth transfer from the traders to F& O specialist brokers, who have been massive winners of this drug + gun trade. ( Not their fault).
F&O adds zero value to India. It deducts inestimable value.
It can't be stopped but it can be taxed the hell out of.
Kudos to the Finance Minister.
Microsoft and Nvidia announced a new partnership with Anthropic.
Nvidia will invest $10B and Microsoft will invest $5B into the AI startup. Meanwhile, Anthropic has committed to buying $30B of Azure compute.