qfx

This week, they’ve gone and done it again. A rather large sum, actually. Two billion dollars. Can you imagine? Enough to buy a small country, or perhaps a very large collection of pickled onions. They’ve plunked it down with a company called Nebius Group. A rather new outfit, but one that Nvidia seems to think holds the key to the next generation of…well, cloud stuff. Hyperscale cloud, they call it. Sounds frightfully complicated, doesn’t it? It’s essentially a warehouse full of computers, but with extra blinking lights.

The acquisition comprises 77,291 shares, a sum sufficient to elevate Methanex to a position of some consequence – 2.46% – within the portfolio of Orion Resource Partners. One observes that such an investment is rarely undertaken without a degree of calculation, and it is reasonable to suppose that the partners perceived a prospect of advantage in this particular venture. Indeed, the total value of their holding in Methanex has increased by $3.06 million, a testament, perhaps, both to their initial judgment and to a favourable turn in the market.

They promised the moon – ten Midnight eVTOLs in 2024, 250 in 2025. Instead? Two. Just two. It’s like ordering a full English breakfast and getting a single, slightly sad, mushroom. Disappointing, isn’t it? But here’s the thing: I’m not entirely put off. Because sometimes, the most spectacular returns come from the things everyone else is avoiding. It’s a personal philosophy, don’t judge.

The transaction value is derived from the SEC Form 4, reflecting a weighted average price of $129.18 per share.

It’s over $100 a barrel again, which feels… familiar. Like running into an ex you knew was bad news. It dipped, thankfully, back to around $86 on Tuesday, but the underlying anxiety remains. It’s just… looming. Another potential conflict, another potential price hike. Honestly, it’s exhausting. A year ago, it was under $70. Progress? I’m not sure. It feels more like a cyclical descent into mild panic.