Friday, April 26, 2024

Colluli Potash sold to the Chinese

 
Thirteen years ago I discovered the  Danakali company established to develop the fantastic potash resources of Colluli in the Erythrean depression. I did not invest in it because its shares were available only in Perth, Australia, and to buy it would have been complicated, and needed an Australian broker in the Perth stock exchange. Pity.

 I thought that the Israeli firm ICL had invested in the firm, but now discovered that Danakali had sold it to the Chinese company Sichuan Road and Bridge Group. The share is valued at 0.42 Australian dollars and it is paying back 100% of it to the stockholders as DIVIDEND while continuing to actively look for other projects. It may have been a good investment. 

Ted (a commenter on Danakali's site), writes:The reason Denkali sold its interest to Chinese is they can’t raise the necessary capital because of the west make it hard to do business in Eritrea. Ask the executives they will tell you the reasons. Eritrea was consistent in its interest to work with mining companies from Canada and Australia but the business environment purposely made hard by the west to do business in Eritrea. The gap is filled by Chinese only because they come with the necessary cash, technology and human capital. 



Thursday, April 25, 2024

"My dog gives me no advice."



Javier Milei, Argentina's President. He is very effective. 

Si el presidente se refirió a mí llamándome “títere” quiero decirle que no lo soy, no lo fui ni lo seré. También debe saber que mi perro no me aconseja (y está vivo), que las “fuerzas del cielo” no me mandan señales y que mis acciones y reacciones son el resultado de la reflexión y no de alteraciones psicológicas .

Translation of the above dialogue of Argentina's presidents:

If the president referred to me as a "puppet" I want to tell him that I am not, I was not and I will not be. You should also know that my dog does not advise me (and is alive), that the "forces of heaven" do not send me signals, and that my actions and reactions are the result of reflection and not psychological disturbances.

Background:

Saturday, April 20, 2024

Cats and cats

 

The Malaysian Wild Cat is a beautifully colored hunting cat.  Its look could be used as a camouflage pattern for jungle warfare uniforms. Nature is more creative than human imagination.

Thursday, April 18, 2024

Who gets the bigger chipotle?

 

Somebody made a statistical analysis of the weight of chipotles bought online (blue) vs. those who bought them in person (red).  There is a 30% difference. If you want to get Chipotle for your money, you better buy it personally.  

Nothing works without personal presence. 

Tuesday, April 16, 2024

Chatarra

 

Scrap metal (chatarra) in an Air Force installation in the South. These are the rests of an Iranian ballistic missile that fell in the Dead Sea. On my basis, we too had a collection of Iraqi missiles sent to us free of charge by Saddam Hussein.  They have grown impressively since then...

BTW, there were no such girls in our place. Everybody had to wear military hide boots. Some things have improved. 

Trauma Society

 


I read that 50 survivors of the Nova massacre - killed themselves. That others are in closed mental hospitals. This surprised me as I grew up among Auschwitz survivors, most of them having lost their families and husbands and children, and they had remade their lives quite normally. My uncle Joshka remarried, moved to Buenos Aires, and had no more children because of his luxury-loving wife Etha. Why does a simple massacre - a seven-hour event - cause them such mental harm? I am really astonished that the day after having been targeted by 300 missiles, everything here continues as always, and the children go to school and people continue working like nothing. Today, the war cabinet is deciding how and when to attack Iran. The streets are full and I am going to the Rami Levi supermarket because today is Tuesday - יום שוק