When it comes to a recovery in 22 I feel there is an opportunity to take advantage of the inflation in commodity prices
4 shares I own and think will benefit from the economic environment in 22 are
Central Asia Metals (LON:CAML)
low cost copper Zinc and lead producer now debt free after paying off the Acquisition costs from the purchase of Sasa Pays a good divi over 6% with another payment of at least 8 pence in May
£DRAX
Has had a big rise already from the lows of 20 but is in a good position to benefit from the increase in electric prices that will continue over 22 it generates its power from wood pellets from sites it owns so is not going to be hit directly by higher gas prices it also has exposure from hydro and pumped hydro which it is looking to expand which is essential to levelling out the bumps in supply due to our increasing reliance on green energy
There is also carbon capture but that’s a way off yet
Jupiter 2nd Enhanced Inc (LON:JSE) Is a low cost oil producer that has no debt is unhedged and is looking to produce 20,000 barrels a day in 22 it’s cost of production is under $30 a barrel
Latest production report comment from
Paul Blakeley, President and CEO commented:
"We are very pleased to be concluding the Montara activity programme with no safety incidents to date, and, with the addition of Skua-11 production, we have already met our target of delivering 20,000 boe/d production by year-end 2021. We now expect to reap the benefits of higher production and attractive pricing, given ongoing oil price strength, our unhedged position and recent improvements in the Tapis differential."
Sylvania Platinum (LON:SLP)
This has been debated to death on here but as car production increases over 22 I expect the price of PGM group metals to increase to
The other good sign is no one is talking about it anymore
Another play on this is Jpmorgan Russian Securities (LON:JRS) which I also own not with out risk but cheap
I also like but don’t own Ferrexpo (LON:FXPO) Gulf Keystone Petroleum (LON:GKP) Tharisa (LON:THS)
