itll gap up tomorrow for that big fri push.the area of farming...

First 80 Last

Share
Profile

Follow
Cholocar

1,348 Posts.

121

04/11/21

14:11

Post #: 57316372
Share

Originally posted by Lureman: ↑

"Food production is more of a bigger issue than batteries imo."

You are absolutely and positively correct!!!!
Watch food prices, they will absolutely skyrocket.
In my rich production rural region the prices paid for land at three rural properties yesterday were ridiculous.
In speaking to experienced farmers today they all agree there is no sound rate of return on investment from the prices paid, either cropping or livestock.
With around $4,000 being paid for cows with calf at foot and no likely income from that for around 18 months the profit projections would be most likely negatives.
All of the factors at play, fertilizer for crops, ridiculous 100% increases in rural land prices will, or should, reflect in supermarket shelf prices.
The day people will be paying $100 for a tough old offal milking cow steak with chips at a city pub are not too far away?
Our local T Bones with tails on them from prime feed paddocks don't make it to the city markets.
Scary. We don't know as yet who the buyers are but it will be interesting when it gets out. The possibility of city buyers in for the value in the historic federation homes is one possibility and agist the surrounding land for a break even until a big projected capital gain is a possibility? We hope the inflated city prices and those with too much equity in their over inflated homes values are not messing the market up and in turn push prices of acreages and in turn products up?

Aside from those fears, I think AEV will spike again tomorrow as it did with my prediction last week. It might take a while for investors to find AEV but when they do I think it will settle at it's true SP value? Also depends largely on China, Morocco and Russia and how long this renewed interest in Fertilizer products last??

Expand

itll gap up tomorrow for that big fri push.

the area of farming is getting smaller and smaller every yr.

believe its around 1800m2 now. im only starting to get into this issue with learning about land area and fertiliser so we are in for tough times ahead.

id say uranium/lithium/phosphate/ree are the stocks to get into now and they all have a long future. not fly by night stocks cos its a global real issue.

AEV Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

OPL

Opyl forms JV with UK and US consortium to bring products to the world

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition