Swen Lorenz

Positive outlook & costs update from African Barrick

Positive outlook & costs update from African Barrick

1 mins. to read

As the shares in ABG continue to droop – now trading at less than one third of the price at the start of the year when the national Chinese group – China National Gold broke off bid talks (and with the price mooted to be around 450-500p), todays announcement by the company should reassure bulls…

The potential unintended consequences of Abenomics..

The potential unintended consequences of Abenomics..

5 mins. to read

Shinzo Abe Abenomics appears to be off to a fairly successful start, despite the volatility in the JGB market. The yen is sharply lower. Equities are dramatically higher. The Japanese economy itself is likely boast the best performance in the G7 in Q1, when the GDP estimate is released early on Thursday in Tokyo. Abe…

ENRC – The hour draweth near…

ENRC – The hour draweth near…

1 mins. to read

Suleiman Kerimov And so, as Russian oligarch Suleiman Kerimov adds another bit of pocket change to his holding in ENRC yesterday (and reported today) – a mere £1m, here’s hoping for bulls of the stock that his investment here is better than his stakes in the US financial stocks going into the GFC and where…