![]() ![]() RK Capital’s gross profits during the period were £7.85 million, down by a third from the previous year, Companies House filings show.Red Kite Metals, a hedge fund run by RK Capital Management Ltd. RK Capital’s net profits for the year were £856,918, down from £11.33 million in the previous year, as its total administrative expenses rose to £6.99 million. ![]() ![]() RKX expenses recharged to RK Capital totalled £4.77 million in 2012/13, up from £1.2 million the previous year, as the number of RKX investment management staff increased from 14 to 21, Companies House filings for both companies show. Notable among the hires was market analyst Michael Jansen, who resigned as md of metals research at JP Morgan in June 2012. Net profits reported by RK Capital Management declined significantly in its last fiscal year ended March 31 2013, mainly as a result of increased expenses charged by RKX Services Ltd, a corporate member of RK Capital, after a 50% increase in investment management staff. The performance of the funds is likely to boost results for its 2013/14 fiscal year, which ends on March 31. In addition to the 50% returns on the metals fund, Red Kite’s Compass and Prospect funds have also posted percentage returns in the “upper teens”, the source familiar with the matter said, confirming results first reported by Bloomberg. That smelter bottleneck, combined with the increase in end-use demand in China, helped launch cif Shanghai copper premiums to more than $200 towards the end of the year. ![]() In slashing their price forecasts, analysts were also reacting to a huge increase in mine output during the first of the year.īut Red Kite also took a contrarian view of the supply swell, predicting that unless prices and treatment and refining charges rose significantly, smelters would not be sufficiently incentivised to turn the additional tonnes of copper contained in concentrates into metal, sources said. “Good data is very hard to come by in the copper market, and at the time I think a lot of people were trading looking in the rear-view mirror,” one observer of the company told Metal Bulletin. “The Red Kite switch was definitely up there as one of the big trades of the year the volumes were huge,” a source active in the copper market told Metal Bulletin.Īt the time, sell-side analysts in particular were turning strongly bearish on the copper market, reacting in part to lagged evidence of the slowdown in demand that prompted Red Kite to run short positions around the start of the year, sources said. The long position delivered returns as copper prices rebounded to finish the year up nearly $700 from its 2013 low, but Red Kite also made strong returns on physical inventory and spreads as copper premiums jumped in Asia and the LME forward curve moved into backwardation, market sources told Metal Bulletin. The switch largely coincided with a slump in the copper market that took prices on the London Metal Exchange to year-to-date lows of $6,670 per tonne in late June, down 20% from its high of $8,305 per tonne in February, sources said. Red Kite bucked the recent trend of weak returns seen from commodity funds largely because of well-timed trades in the copper market which returned profits on a drop in copper prices the first half of the year and a rally in the second half, other observers of the company said.Īfter starting the year with a bearish view on the market, Red Kite began repositioning the fund over May and June after witnessing a turnaround in physical copper sales in China, taking a large long position in outright prices, spreads and physical stocks. The physical metals fund was up more 50% in 2013, while two other Red Kite funds have also returned double-digit percentage gains, a source familiar with the matter told Metal Bulletin. The Red Kite metals fund posted returns of just over 50% in 2013 after a well-timed switch from a short to a long position in the copper market around the time that prices posted their lows for the year, well-placed sources told Metal Bulletin. ![]()
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![]() ![]() Even blind people can be identified, as long as the sightless eye still has an iris. ![]() ![]() Genetically identical twins have different iris patterns and a person's two irises are as different as the irises of two different individuals. For these reasons, the iris is an ideal subject for biometric identification, because of its extensive variations. “What really determines biometric power is the degree of randomness and the degree of complexity in the pattern,” commented John Daugman, Professor in the Computer Laboratory at the University of Cambridge, UK, who developed the algorithms behind all commercial applications of iris-recognition software. In addition, scar tissue, dirt, grease and creases on the fingers can hinder the process of obtaining and comparing fingerprints. Fingerprints are easily obtainable and highly unique to each person, although the way in which they are compared can make it difficult to clearly distinguish individuals. ![]() Currently, fingerprints are the most commonly used biometric they have been in use for over a century, particularly in law enforcement. In addition, biometric measures should be easily obtainable. There should be minimum variability within a person's lifetime, but maximum variability between persons. The requirement that biometric data must be highly unique to each person also limits the physical features that can be used. And there is little point in stealing, sharing or duplicating biometric data because they are essentially useless without the accompanying physical characteristic. Advocates of the technology argue that biometric information is much safer and more reliable than current methods of access and identification-unlike a key, it cannot be lost and unlike a password, it cannot be forgotten. In general, biometric data are either stored on a personal smart card or in a large central database and can be compared against an individual's physical feature to determine whether they are who they claim to be. Furthermore, the type of biometric information required and the technology used to measure it depend on the usage. Features such as fingerprints, facial characteristics, retina or iris patterns, speech, hand geometry, ear shape and body odour are all legitimate biometric measures, although their usefulness in distinguishing individuals varies significantly. Opponents of the use of biometrics in identification and verification fear that it might become another way for governments to intrude into citizens' privacy.īiometrics are used to automatically identify individuals by measuring physical or behavioural attributes. Proponents cite the terrorist attacks in the USA and elsewhere as an argument to step up all security measures, not just at airports. By imposing this requirement on virtually all non-Americans wishing to visit the USA, the US government has pushed biometrics into the forefront of foreign governments' agendas and sparked new debate over how far legislation can go in limiting terrorism and safeguarding security. As part of the 2001 US PATRIOT Act, designed to improve homeland security after the September 11 terrorist attacks, the US Immigration and Naturalization Service will require all visitors entering the country to present identification with biometric data from October 2004. ![]() ![]() ![]() It’s also true that typical option valuations almost always ignore the fact that the initial investments made in a project, even in one that might eventually be abandoned, often leave the company with an asset it can trade-a benefit, if you like, of failure. For a start, real options, as currently applied, focus almost exclusively on the risks associated with revenues, ignoring the risks associated with a project’s costs. This is not to say that there aren’t serious problems with the way managers calculate the value of real options. There’s an unspoken assumption that the real-option and DCF valuation methods are mutually exclusive. Far from being a replacement for discounted cash flow analysis, real options are an essential complement because they allow managers to capture the considerable value of being able to ruthlessly abandon floundering projects before making major investments. Managers need to integrate the two approaches if they are to make valuations that reflect the reality and complexity of their business’s growth projects. How can managers escape this dilemma? In exploring their reservations about real-option analysis as a valuation methodology, we have come to the conclusion that much of the problem lies in the unspoken assumption that the real-option and DCF valuation methods are mutually exclusive. Companies that rely on discounted cash flow analysis for valuing their projects fall inevitably into the trap of underestimating the value of their projects and consequently don’t invest enough in uncertain but highly promising opportunities. These concerns are legitimate, but we believe that abandoning real options as a valuation model is just as bad. The tools oblige managers to make many simplifying assumptions and therefore, the thinking goes, they cannot fully capture a proposal’s multifaceted risks and opportunities. This reluctance stems at least in part from a suspicion that it’s risky to apply valuation tools that have been developed for well-defined financial options to complex business projects. In the worst case, they grant excessively ambitious managers a license to gamble with shareholders’ money. CFOs tell us that real options overestimate the value of uncertain projects, encouraging companies to overinvest in them. Thus, they will outperform their rivals in both the product and the capital markets.įor all their theoretical attractiveness as a way to value growth projects, real options have had a difficult time catching on with managers. Using an integrated approach, managers will, in the long run, select better projects than their more timid competitors while keeping risk under control. In this article, the authors present a simple formula for combining DCF and option valuations that addresses these two problems. It’s also true that option valuations almost always ignore assets that an initial investment in a subsequently abandoned project will often leave the company. As currently applied, they focus almost exclusively on the risks associated with revenues, ignoring the risks associated with a project’s costs. ![]() ![]() This is not to say that there aren’t problems with real options. DCF captures a base estimate of value real options take into account the potential for big gains. Far from being a replacement for DCF analysis, real options are an essential complement, and a project’s total value should encompass both. Companies that rely solely on discounted cash flow (DCF) analysis underestimate the value of their projects and may fail to invest enough in uncertain but highly promising opportunities.ĬFOs need not-and should not-choose one approach over the other. This concern is legitimate, but abandoning real options as a valuation model isn’t the solution. Many CFOs believe the method ensures the overvaluation of risky projects. ![]() As a way to value growth opportunities, real options have had a difficult time catching on with managers. ![]() ![]() ![]() challenges the mind and gets the heart racing." - The Daily Beast, "Gripping.Full of inventive twists, this highly entertaining novel delivers a shocking solution as well as a perfectly realized sense of justice."-Publishers Weekly "Gardner's compelling narrative keeps her readers guessing."-Library Journal From the Hardcover edition. a master storyteller." - Providence Sunday Journal "Razor-sharp. Hey hey hey fastlings Today I will explain what it takes to become a good scout in Secret Neighbor Sit back, relax and enjoy. challenges the mind and gets the heart racing." -The Daily Beast, "Gripping.Full of inventive twists, this highly entertaining novel delivers a shocking solution as well as a perfectly realized sense of justice."- Publishers Weekly "Gardner's compelling narrative keeps her readers guessing."- Library Journal "Her most harrowing and riveting book yet. a master storyteller." -Providence Sunday Journal "Razor-sharp. In this video we are playing: TGW Team1 as Detective & TGW Team2 as Scout. Secret Neighbor takes us on a journey to the suburbs known from Hello Neighbor, to the house of one of the inhabitants who hides a dark secret. ![]() challenges the mind and gets the heart racing." - The Daily Beast, "Gripping.Full of inventive twists, this highly entertaining novel delivers a shocking solution as well as a perfectly realized sense of justice."-Publishers Weekly "Gardner's compelling narrative keeps her readers guessing."-Library Journal "Her most harrowing and riveting book yet. Developed by Dynamic Pixels, Hologryph & published by tinyBuild Games, It’s an upcoming Multiplayer Social Horror game. ![]() a master storyteller." - Providence Sunday Journal "Razor-sharp. WINNER OF THE ITW THRILLER AWARD FOR BEST NOVEL A young mother, blond and pretty, vanishes from her South Boston home, leaving behind only. In this video we are playing: TGW Team1 as Detective & TGW Team2 as Scout. "Gripping.Full of inventive twists, this highly entertaining novel delivers a shocking solution as well as a perfectly realized sense of justice."- Publishers Weekly "Gardner's compelling narrative keeps her readers guessing."- Library Journal "Her most harrowing and riveting book yet. Stop the intruders Use your disguise to gain their trust, set up traps, and dispose of those pesky intruders one by one. ![]() ![]() ![]() The cost for a fresh coat of paint can include two coats of putty + one coat of primer + two coats of paint. The condition of the walls is the next factor that comes into play while determining the painting cost per square foot in India. ![]() + labour charges #3: Repaint vs Fresh Paint Cost per Square Foot The paint cost per square foot for a fresh coat of paint is usually higher than the cost of repainting a house (Aspira Paint)Įxterior Painting Cost: From ₹13 per sq. Interior Painting Cost: Ranges from ₹18 per sq. Our services experts say that more coats of paint and an extensive sanding/levelling process are required for exteriors as they are often more affected by the weather. However, the process of exterior painting can be cumbersome as it needs the use of scaffolding or a ladder pulley system. The cost of painting a house exterior is usually lesser than an interior paint job. What is the surface that is being painted? This is the most important question to be answered while calculating the cost of painting a house per square foot in India. Please note that the prices mentioned here are indicative and are subject to change based on your location and other factors #2: Cost of Painting a House per Square Foot in India: Interior vs Exterior The cost of painting the exteriors of a house can be comparatively less, but the process is more cumbersome We also give you a detailed understanding of why these costs are different and what factors affect the cost of painting further in the article. Here is a breakdown of the cost of painting your house per square foot in India. #1: What Is the Cost of Paint per Square Foot? ![]() Talk to our designer for more details on pricing and availability. Mentions of costs, budget, materials, and finishes can vary with reference to current rates. * Disclaimer: All costs included in the story are specific to the time of publication. ![]()
![]() ![]() The deliberate and artificial setting at only 30,000 YFI means that this token remains rare. But yearn.finance, with the inclusion of other DeFi projects such as Compound and Aave, is currently ahead of the competition and YFI is the expression for this position. However, the competition is not sleeping SUSHI and SushiSwap, for example, were able to withdraw liquidity from the DeFi stock exchange Uniswap. Analysts also emphasize the support of well-known investors for yearn.finance, who are making their entry into the DeFi business. Yearn.finance has already expanded its portfolio to include DeFi transactions in the insurance sector and is basically able to outperform imitators. YFI is virtually the icing on the cake of this innovative platform. The protocol of yearn.finance has proven to be stable and secure, the user friendliness attracted enormous liquidity. ![]() At “Limit” you set the price if you want to wait for a target price.ĭeFi is at present the Top Topic number one in the Kryptobranche and YFI as an outrider one of the Profiteure of this trend. With the option “Market” you buy LINK immediately at the current market price. There you enter under “Buy” how much link you want to buy. The relevant order field is placed below the price curve. To the left of it are the order books, to the right are the trades that have been executed, and price information on other crypto currencies. Now the actual trading platform at Binance appears, with the price curve at its center. Now go to the currency pair of your choice for Chainlink (LINK) as described above and click “Trade”. If you click “Limit”, you set your purchase price and usually have to wait until this target price is reached. If you choose “Market” for your buy order, it will be converted to the market price immediately. Of course it is possible to buy not just one whole YFI, but also 0.1 YFI or even smaller units. Here you enter under “Buy” the number of YFI you would like to buy. The field below the price curve is decisive for you. ![]() There, YFI’s price curve dominates the screen in the middle, with order books on the left and trades executed on the right. This will take you to the actual website for trading. Now back to your chosen currency pair for YFI and click on “Trade”. You can get them for Euro immediately under “Fiat Markets”. Instead you can choose Bitcoin (BTC), Binance Coin (BNB) or one of the Stablecoins Tether (USDT) or Binance USD (BUSD). You cannot buy yearn.finance directly for Euro at Binance yet. Now you can see which currency pairs Binance supports for YFI. Click on “Markets” in the top line of Binance and enter “YFI” in the search field. You should now have a plus on your Binance account and can start buying yearn.finance. ![]() ![]() If you hover your mouse over a feature it will show a description.ĪntiKnockback: Protects you from getting knocked back.ĪutoAdSign: Writes an ad for GriefWurst on every sign you place in the game.ĪutoBuild: Automatically build, everytime you place a block. Modes: Floor, Bridge, Swastika, Peniis, Pillar, Wall, Wurst.ĪutoMine: Automatically mines blocks when you look at them.ĪutoRespawn: Automatically respawns you if you die.ĪutoSign: Instantly writes whatever text you want on every sign you place.ĪutoSwitch: Switches the item in your hand constantly.ĪutoWalk: Automatically make you walk without pressing keys.ĬhestESP: Allows you to see chests through blocks. ![]() The welcome screen with a BIG Wurst logo. UPDATE: The latest version of Wurst is available here. Works perfect in multiplayer on online servers. ![]() This hacked client is frequently updated, and we will update this page with the latest versions. Source code included in downloads below – or check out our Wurst Source Code article. This means that you can compile it yourself or make your own client. The Wurst client is one of the only hacked clients, where it is also possible to download the source code. It has support for multiple operative systems, including Linux, Mac OS and of course Windows. It has lots of features/mods and it worked like a charm, when we tested it! Most features works in survival mode and online on multiplayer servers. Wurst is a great hack for Minecraft – maybe one of the best Minecraft hacks at the moment. ![]() ![]() In particular, they love the game's graphics. It means that EA is very concerned with the player's experience and is constantly trying to surprise users. Furthermore, the publisher continues to provide players with updates regularly. With sharp 3D graphics and a high level of realism, the game's sound is also imposing, with engine noises and tire sounds that make you feel like you're on a real race track. Cars with simulated real-world movements and crashes give you the most realistic driving experiences. In contrast, Real Racing 3 does not have any redundant effects during the game. However, it still has some unnecessary effects that reduce the available realism. Naturally, Asphalt is one of the games with the most beautiful graphics on the mobile platform. Many people will probably compare this game to Asphalt. Try to complete your missions well to bring in more bonuses and buy vehicles that you like. However, to buy luxury cars, you have to use the money to own them. Then you can buy other cars including popular cars and premium cars. You will start the game with a Porsche 911 GT3 RS to do some basic instructions. The game includes over 100 vehicles from various manufacturers such as Ford, Ferrari, Lamborghini, etc. If you enjoy racing cars, Real Racing 3 is a great game to play. All maps are displayed as if you were watching an actual race. With many different tracks, you will feel that you are traveling around the world. With multiple game modes, you can compete with other gamers around the world. In particular, the TSM mode will recreate the racing journey performed by Al. Each will present you with unique challenges. The game mode is also quite varied for you to try. You can also adjust the steering wheel's position on the left or right side of the screen to suit your needs. Tilt your device left or right to direct the car in the desired direction. With virtual keys, you can change the vehicle's speed and acceleration. However, if you collide with a wall or fence, your car will be damaged, and you will have to repair it regularly. You must maintain focus to avoid causing accidents. However, you can't do that in Real Racing 3 Hack. For example, you can ram other cars and force them off the track. In other racing games, you can cheat to beat your opponents. Your goal is to steer the vehicle and be the first to cross the finish line. ![]() Take command of your vehicle and stake your claim on the track. As a result, you will be thrilled but highly excited. The game also allows you to compete in dangerous races that provide intense experiences. Players will take the wheel of well-known automobiles. Real Racing 3 is a game for speed enthusiasts. Download Real Racing 3 mod apk for Free android As a result, racing games like Real Racing 3 (Mod, Money/Gold) are designed to help players satisfy their desire for speed. Such driving necessitates several unique requirements and conditions, and it is also dangerous for both drivers and others. ![]() If you like speed, you probably want to drive expensive supercars at speeds of more than 200 km/h on wide roads. ![]() Download Real Racing 3 mod apk for Free android. ![]() ![]() ![]() It consists of a large ruined fort with both exterior and interior areas, is heavily populated by Grobles, and is also home to the Boss creature Bloodfeast the Ruthless. Tyrant’s Hold is a world area in Act 3 and connects to the Shaded Basin and Arkovian Docks. (Note that you must have completed the A Timely Arrival quest to be allowed through the gate.) The Egg Clusters are easily found in the farmland just outside Homestead and will be marked with a star on the corner map. Head out through Homestead’s north gate and turn west. watch?v=ZnX6Ze5242E” How do you get infested fields? What level should I do steps of torment? The Steps of Torment At the Steps of Torment he offers the Descent into Torment quest. The quest ended at asking the player to meet Kalderos at the entrance to the Steps of Torment, in the Broken Hills. Kalderos is an NPC initially located in Old Arkovia, next to Balvoruuk, as part of the Old Scars quest. ![]() One Skeleton Key is given by Riggs upon starting the quest Paying Debts.One Skeleton Key is given by Mogdrogen upon starting the quest Cleanse the Corruption.One Skeleton Key, along with the blueprint, is given by Kalderos upon completing the quest Descent into Torment.Where do you get the skeleton key in Grim Dawn? The Deadman’s Gulch entrance is one-way and cannot be exited from. The Mountain Deeps is an area in Act 3 and connects to Deadman’s Gulch and Prospector’s Trail. Prior to activating the riftgate, the area is accessed only from the exit at the end of Cronley’s Hideout. It has a Riftgate and connects to Old Arkovia and the Swarming Hive. Clear out the Aetherials outside Homestead.Follow the Prospector’s Trail to Homestead.How do you get to the homestead in Grim Dawn? The new layout means getting to the Undercity and doing the kill the harpy quest take a lot less back-tracking. To get to Broken Hills you have to go through the Undercity to the other entrance. How do I get to Broken Hills in Grim Dawn? ![]() ![]() ![]() Slime Rancher is the tale of Beatrix LeBeau, a plucky, young rancher who sets out for a life a thousand light years away from Earth on the ‘Far, Far Range’ where she tries her hand at making a living wrangling slimes. ![]() Slime Rancher is a charming, first-person, sandbox experience. These infections might corrupt your computer installation or breach your privacy. Photosounder is a one-of-a-kind image-sound editing program. Play as Beatrix LeBeau: a plucky, young rancher who sets out for a life a thousand light years away from Earth on the Far, Far Range. Photosounder 1.9.5 keygen or key generator might contain a trojan horse opening a backdoor on your computer. Each day will present new challenges and risky opportunities as you attempt to amass a great fortune in the business of slime ranching. Slime Rancher is a first-person exploration and sandbox game developed and released by American indie studio Monomi Park. Collect colorful slimes, grow crops, harvest resources, and explore the untamed wilds through the mastery of your all-purpose vacpack. In Slime Rancher, you will start a journey far away from Earth as a slime rancher who wants to expand her ranch, explore the world, and raise slimes to earn money. Play Android games instantly in the browser without downloading. With a can-do attitude, plenty of grit, and her trusty vacpack, Beatrix attempts to stake a claim, amass a fortune, and avoid the continual peril that looms from the rolling, jiggling avalanche of slimes around every corner. Enjoy a lag-free and high-quality gaming experience while playing mobile games with now.gg. The renowned rancher, Hobson Twillgers, has passed his ranch on to you. 1.1.9 latest version APK Download by Neon2 for Android free online at.Complete daily requests from other ranchers to get bonus rewards.Grow crops and raise chickadoos to feed your collection of hungry slimes.Get it back up and running, discover the secrets hidden on this mysterious planet, and dominate the Plort Market. SLIME RANCHER FREE DOWNLOAD APKĮarn money to upgrade your vacpack, build more corrals, or expand your ranch. Use Slime Science to find rare resources, craft decorations, and create gadgets that will help you on your adventures.Explore a sprawling world loaded with lots of secrets and hidden treasures. ![]() Harold Frederick Shipman (14 January 1946 – 13 January 2004), known to acquaintances as Fred Shipman, was an English general practitioner who is considered the most prolific serial killer in modern history with an estimated 250 victims. On 31 January 2000, Shipman was found guilty of the murder of fifteen patients under his care. He was sentenced to life imprisonment with the recommendation that he serve a whole life order. Shipman died by suicide, hanging himself in his cell at HM Prison Wakefield, West Yorkshire, on 13 January 2004, a day before his 58th birthday. The Shipman Inquiry, a two-year-long investigation of all deaths certified by Shipman, chaired by Dame Janet Smith, examined Shipman's crimes. The inquiry identified 218 victims and estimated his total victim count at 250, about 80 per cent of whom were elderly women. ![]() Shipman's youngest confirmed victim was a 41-year-old man, although suspicion arose that he had killed patients as young as four. With this app, you can also create your own codes: 10 seconds of sound can be recorded from a microphone and converted into an image. Shipman, who has been nicknamed "Dr Death" and "The Angel of Death", is the only British doctor to date to have been convicted of murdering his patients, although other doctors have been acquitted of similar crimes or convicted on lesser charges. PhonoPaper is a camera app for playing pictures with encoded sound (PhonoPaper-codes). Shipman was born on 14 January 1946 on the Bestwood Estate, a council estate, in Nottingham, Nottinghamshire, the second of the three children of Harold Frederick Shipman ( – 5 January 1985), a truck driver, and Vera Brittan (23 December 1919 – 21 June 1963). His working-class parents were devout Methodists. When growing up, Shipman was an accomplished rugby player in youth leagues. Shipman passed his eleven-plus in 1957, moving to High Pavement Grammar School, Nottingham, which he left in 1964. He excelled as a distance runner, and in his final year at school served as vice-captain of the athletics team. ![]() |
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