08-14-26 spal
NNBR
NN INC
3.895 (+7.89%)
Equity dilution is now likely fully worked through. Biz growth is extraordinary.
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08-14-26 spal
JOB
GEE GROUP INC
0.242
(+7.05%)
And then all of a sudden the old voodoo powers returned ...
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08-14-26 spal
JOB
GEE GROUP INC
0.239 (+5.38%)
“The truth is lived, not taught.”
... Hesse |
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08-14-26 spal
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08-14-26 spal
GCUMF
GUNNISON COPPER CORP
0.332 (+4.89%)
Should run soon.
50 cents easy - 80 by year end - decently over $1 in 2027.
Schpal thing |
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08-14-26 carib
| I just doubt Veny goes anywhere without a real political settlement. |
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08-14-26 savo
hence Rubio...slow down in veni.
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08-14-26 savo
i did not say i expect a blank page... only that i think a blank page is a precondition for Oils to bring new capital to veni.
The other explanation is that MCM has been doing her round and saying to creditors and Oils that he will not respect any agreements/contracts made with the current government.
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08-14-26 carib
Savo: re the OFAC blank page.
BTW: all sanctions could be removed on monday.. and re-instated on tuesday.. |
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08-14-26 savo
I am afraid you might be disappointed on that..
i do not understand.. |
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08-14-26 savo
cost of the most stupid war ever:
https://iran-cost-ticker.com/ |
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08-14-26 savo
meanwhile DT responsible for 21% of US debt...
https://cms.zerohedge.com/s3/files/inline-images/2026-08-13_07-13-14.jpg |
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08-14-26 savo
like have never been seen in the history of economic isolation on a country
signed by Satan on behalf of the Satanist States |
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08-14-26 carib
| Savo: I am afraid you might be disappointed on that.. |
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08-14-26 victor
savo, dt doesn't care about vz right now.
what he cares about:
//
US to Roll Out ‘Economic Isolation’ Plan for Iran Next Week
Bloomberg) -- The US will soon announce what it bills as unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration's effort to force Tehran's capitulation through financial pressure.
"Watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of economic isolation on a country," Bessent said Thursday in an interview with Newsmax.
Bessent said the move will be part of a "one-two punch" that includes the continued blockade of Iran's ports.
Iran's economy has already taken a significant hit from the war, with much of its industrial capacity destroyed and crude exports severely curtailed by the US blockade. But the country has weathered waves of sanctions, which have failed to force Tehran to bend on its nuclear program or relinquish control over the Strait of Hormuz.
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08-13-26 savo
"to slow down on Veni".
I guess that is the Florida lobby of always who responds to MCM.
Trump has at the moment Veni under control... if not letting MCM back to maintain that control means no big oils or no debt restructuring... so be it.
We will know for sure that Trump is serious about oil production in veni and debt restructuring the day OFAC leaves veni page in blank. |
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08-13-26 carib
The US has paid the highest borrowing costs to sell 30-year bonds since 2001 as investors fret over the country’s mounting debt pile under Donald Trump’s administration as well as inflation that remains stubbornly high.
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08-13-26 carib
| Savo: sanctions, together with military might, are the tools of a "protectorate". They can be removed one day.. and re-instated the next. Welcome to Trump's moods.. |
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08-13-26 spal
JOB
GEE GROUP INC
0.226 (+11.98%)
A taste - there should be more a some point
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08-13-26 Merlino
The strategy built by Rubio which i think was ok is not working
...........................
About three or four months ago I have read a comment that in a meeting held at Air Force One Trump indicated to Rubio "to slow down on Veni". At the time it was all the fury about Veni. Perhaps the comment was true. Perhaps USA wants to control Veni´s oil as a strategic reserve below ground, not above it. Who knows. |
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08-13-26 savo
in any case that is all speculation.. the reality is that investments are not happening... without investments there is no future cashflow to pay a debt restructuring.... that is being perceived by the market and bonds are stuck at 25% of claim.
The strategy built by Rubio which i think was ok is not working. In my opinion because of sanctions and licenses.
Another view could be that Oils prefer to wait for an elected government to be in place.
If veni is a US protectorate as carib says, OFAC's page should be in blank.
You do not sanction someone you are "protecting".
Otherwise who protects you from your protectors?
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08-13-26 savo
once bitten, twice shy..
that is true... but all that happens is that they incorporate the country risk in the expected rate of return... and if things get difficult negotiate with the guys in charge... sometimes they win sometimes they lose.. as long as they win over all their investments in the world it is ok.
OFAC is a different animal... it interferes with the day to day of the business; payments, imports, exports, bank accounts, deposits...etc...
I am not an entrepreneur..but i would not invest under OFAC licenses which are there today and can be modified tomorrow. |
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08-13-26 spal
GCUMF
GUNNISON COPPER CORP
0.3230 (+7.24%)
0.32
Copper miner transitioning from developer to producer. Stalking horse for Rio Tinto in reality. |
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08-13-26 carib
| Savo: once bitten, twice shy.. |
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08-13-26 spal
GCUMF
GUNNISON COPPER CORP
Back in the zone of possibilities ... positioned. |
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08-13-26 spal
| UMH ... adding ... obeying orders |
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08-13-26 spal
JOB
GEE GROUP INC
Binary outcome - trading below book. M&A committee in place with strategic options being considered.
Increased position. |
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08-13-26 savo
big oils have been operating in unstable countries for more than a century.... they can deal with that... they know how to deal with new governments with weird ideas... dictators...
What they can not deal with is OFAC, sanctions and licenses.
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08-13-26 carib
The issue of Veny oil taxes is a double hedged sword.. we, sov creditors, are ultimately going to be paid with money coming from taxes..
Oil companies need long term visibility, because heavy investment amortises over a long period of time, so, the proposed taxes must be reasonable, and expected to remain reasonable for the duration of the project..
A form of long term de facto protectorate might be conductive of foreign investment.. |
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08-13-26 leopardo
| Sept-Dec crucial months for Vnz-Pdvsa bondholders… |
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08-13-26 Merlino
| Savo, true, at least not large amounts. Let´s hope they (USA) realize this and act accordingly as they do not actually need the current system of licenses & sanctions to control the country (imho) |
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08-13-26 savo
| investors do not invest in a country with sanctions and licenses. Even at 0% tax. |
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08-13-26 carib
| Merlino: agreed. I guess oil investors need lower taxes and a reliable long term legal and regulatory framework. |
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08-13-26 Merlino
Carib, the overall situation is essentially at a standstill right now... progressing far too slowly... let's hope it breaks out of this rut and regains the momentum it had right after January 3
https://www.eluniversal.com/el-universal/239111/por-que-no-arranca-el-negocio-petrolero |
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08-13-26 carib
Merlino: I guess before elections can take place, they need to change the whole electoral council, review fairly the voters list, starting from the diaspora, and agree on external supervision. This inevitably will take time.
Question is: will they make an offer to restructure bonded debt this fall, before "transition"? |
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08-13-26 Merlino
La Asamblea Nacional electa en 2015 y el gobierno venezolano acordaron este miércoles impulsar la renovación de todos los magistrados del Tribunal Supremo de Justicia (TSJ)
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It looks that as predictable they are looking to nominate new members to the TSJ |
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08-13-26 Merlino
La mesa de negociación, tutelada por Estados Unidos, volverá a reunirse a mediados de septiembre
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Hmmmmm...they do not look to be in a hurry |
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08-13-26 carib
El chavismo y la oposición venezolana acuerdan renovar a todos los magistrados del Supremo
La mesa de negociación, tutelada por Estados Unidos, volverá a reunirse a mediados de septiembre |
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08-13-26 carib
Savo: it is self evident that I hold the opposite political view than the chavistas.
But, as creditors, the only relevant issue is getting paid. If in a lump sum, we can then disregard the future of the debtor. If with new bonds, we want a prosperous and well managed debtor, I guess. |
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08-13-26 spal
Savo - on the clip posted. Sachs argues essentially that democracy is dead, we live already in tech feudalism essentially.
I do know that the degrees of freedom of the average person expanded briefly last century, but I am not sure I'd call that the permanent or a natural state, although there is apparently already much nostalgia and a feeling that this is threatened now.
That said I think that there are always threats and certainly western enlightenment values are under pressure now - some of this is natural in a "catch up" round as technology and economic development in the global south kicks in putting pressure on the West.
How tech platforms and the tech stack is managed is for sure a major political issue of our age. |
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