we love everything about DRD, especially lower prices, even as we are full up, because we want more, much more
DRD is near-gold
I like how the business was actually helped by the CoVid, as 10-days production loss due to lockdown was way offset by the ramping gold pricing, leaving more in inventory of tails for eventual processing
dividends for the 13th year in a roll, and unlike other businesses, rising
all wonderful win win win
like that DRD is doing solar, to lessen power risk and reduce cost
it would of course be fantastic if DRD can be totally solar powered (unlikely, technologically) - literally free gold
however it is easy for DRD to make the investment analysis
love the trend of lessening complexity (sites) and lower grade but higher volume, tagging to doubtless higher price - the trends are good
I noted the CEO tee-ed up the subject of PGM tailings work ... whoa!
Go Go Go.
in the meantime the Boyz are fighting over a literal toy, and the fight should be helpful to DRD, per thigh bone connected to the neck, etc etc
A total shutdown of rare earths shipment, in order to protect national security, would boost gold, and as and when resume shipment, the destruction of capital invested in REE would also boost gold pricing
how interesting can interesting get?
all over a toy called TikTok
zerohedge.com
China Plans To Protect TikTok "At All Cost" Against "Mafia-Style Robbery" & US Threat To National Security
It was a week ago that Beijing made clear it won't be signing off on the messy and mired in confusion proposed Oracle-TikTok deal, citing that it would harm its "national security interests," which is exactly the same reason given by Trump for trying to shut TikTok down in the first place.
China's state-run Global Times is out with a new editorial Saturday indicating that Beijing will stick to protecting TikTok "at all costs". The theme of "compromised" national security is still being presented as the crux of the matter.
"China is prepared to prevent Chinese firm TikTok and its advanced technologies from falling into US hands at all cost," Global Times introduces.
This even if that should mean the hugely popular app "risks being shut down in the US, because allowing the US to seize the firm and its technology will not only set a dangerous precedent for other Chinese firms, but also pose a direct threat to China's national security, Chinese experts said on Saturday, a day ahead of a court battle in the US over a ban of the app."
Again, interestingly this seems to be the mirror image argument the Trump administration has harped on for much of the past year, especially on Huawei. GT's argument continues:
More importantly, for Beijing, the case goes way beyond just a mafia-style robbery of a lucrative Chinese business and cutting-edge technologies, but a threat to its national security, because the US could find loopholes in those technologies to launch cyber and other attacks on China and other countries to preserve its hegemony, the experts added.
Voicing the communist government's rationale further, GT cites an expert at the China Electronics Standardization Institute Liu Chang, who says "What the US wants, we definitely cannot give."
"From the perspective of both the company and the Chinese government, this cannot be allowed to happen," he said. |
