April 15th, 2021 | 07:33 CEST
SunMirror, 88 Energy, Gazprom - Commodity prices pick up
US oil reserves are shrinking, and at the same time, demand forecasts are being revised upward by OPEC and the International Energy Agency. The reason for this is the assumption that the Corona pandemic will calm down in the current year and will ultimately lead to an increase in global oil demand.
In general, commodity prices are picking up on the expectation of an economic recovery. Thus, gold has also left the lows of 2 weeks ago and is currently struggling to break the critical USD 1,750 mark. The first attempt was rejected.
time to read: 2 minutes
|
Author:
Armin Schulz
ISIN:
CH0396131929 , AU00000088E2 , US3682872078
Table of contents:
"[...] China's dominance is one of the reasons why we are so heavily involved in the tungsten market. Here, around 85% of production is in Chinese hands. [...]" Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG
Author
Armin Schulz
Born in Mönchengladbach, he studied business administration in the Netherlands. In the course of his studies he came into contact with the stock exchange for the first time. He has more than 25 years of experience in stock market business.
Tag cloud
Shares cloud
SunMirror AG - Successful placement of convertible bond
SunMirror AG is committed to implementing lean processes through its holding structure, enabling the Company to react quickly to trends in the commodity markets.
SunMirror's portfolio includes iron ore, gold, cobalt, copper, lithium, nickel, rare earths and tin. The tin sector, in particular, is extremely interesting at the moment, as the conflict in Myanmar continues to smolder with no end in sight. Already in 2020, China bought half of the world's tin supply. Since the crisis in Mynamar, the price of tin has increased by about 70%. SunMirror owns a property in Australia, 23 km northeast of Marble Bar, where lithium, tantalum and tin were mined until 1986. However, since this was done by simple artisanal means, one suspects great potential in this area.
On April 12, 2021, SunMirror raised fresh capital of USD 10 million through the placement of a convertible bond. If the exploration of the area mentioned above is successful, then there is enough capital to start mining lithium, tin and tantalum again. One can look forward to further company news.
88 Energy Limited - High-risk investment with a great opportunity
A stock that is currently much discussed on Reddit is 88 Energy Limited. Within a few weeks, the share price jumped over 900%, driven by news, reaching a high of USD 0.0919 on April 5. After that, there were problems with the exploration well and the price collapsed to USD 0.011.
On April 12, 2021, the Company published an update. The sidewall cores taken in the Merlin-1 drill hole were analyzed on the surface before being sent to the laboratory for further analysis. Tests were taken in white and ultraviolet light to tease out fluorescence. Fluorescence is considered an indicator of the presence of oil. In the published photos, the fluorescence is clearly visible.
David Wall, the CEO of 88 Energy, sees the cores' tests as further evidence of the presence of oil. A list of expected results is to be published in the coming days. From today's point of view, it is safe to say that no oil has been found so far and that it will probably be necessary to wait until next winter in Alaska before drilling can continue. Should oil be found, 645 million barrels of potential have been promised.
Gazprom - Light and shadow
The news at Gazprom is literally overflowing. Let's start with the bad news. On April 13, 2021, it became known that Defense Minister Annegret Kramp-Karrenbauer (AKK) is said to have signaled a concession to the US on the Nord Stream 2 pipeline from Russia to Germany. The US has been trying to prevent the completion of the pipeline for some time. AKK wants to regulate the purchase of gas from Russia and make it dependent on Russia's behavior, among other things.
Now for the good news: On April 12, 2021, the feasibility study for the possible new pipeline between Russia and China via Mongolia was approved. The new pipeline is to be called Power of Siberia 2. The study is expected to be completed by the end of the year.
On April 14, 2021, we also heard from Russia that Gazprom plans to distribute half of its net profit to shareholders. That is equivalent to about USD 0.3176 per ADR share. As a result, the share gained more than 6%.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.
Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.
The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.
