Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
My Dad's been in a care home for 112 weeks @ £1600/week. The local authority (LB Bexley) is short of care places for those who have less than £23k in assets, so they procure rooms in his care home at a 'special' rate. So not only has he spent £180,000 (and counting) on his own care, but he's generously subsidizing those with fewer assets. He turned 90 this year, so was working and paying taxes from the 1950s through decades of austerity and the aforementioned Labour tax grabs of the 1970s. Unless they are crooks,'the rich old sods' continue to pay their way and contribute to society until the day they die.
licker,
At the risk of boring everyone else on this threat (please forgive the off topic), I would like to give you and your other mate some insights, If I may.
I have worked in the care field (care homes), as a regional sales manager for about six years, until two years ago.
I hated the job, hence have since left, despite an attractive remuneration package.
The reality, until that said two years ago, was that if you had assets above £23,250, you were deemed a "self funder".
That sum would typically include (but not always, depending on who had property rights) your five bedroom house, yacht, antique car collection, gold bullion, cash, diamonds - just the usual stuff most of us own........I am sure you get the idea!
It would also mean that if you were of somewhat more limited means, as perhaps you were smart enough to buy your council house under the right to buy scheme, or just simply embraced "old values" to safe a little money for your old age, or god forbid worked hard, this magic figure then nevertheless, ( I have not followed developments since) was £23,250.
So, any of the above would have to pay FOR THEIR OWN CARE, until the threshold was reached.
At a typical weekly cost of (in the south east) of £1100 to £1600 a WEEK, I will let you do the math's of how much this so "wealthy generation" contributes to their care.
Once you run out of cash of course though you have a problem, as most providers (not all, there are some really good, empathetic ones as well) will not accommodate what might be some very complex needs on your part based on the funding rate councils can provide.
So, that's where a large section of the population (hopefully not your nan, or mother) comes into the equation.
Assets less than £23,250 (two years ago) and you will have to rely on council funding, which offer rates that can not reasonably sustain descent care (subjective opinion of mine).
The costs of the majority of providers I have worked for, did not leave much margin, if any, at those rates - hence the race to the bottom begins!
Now, whilst I disagree on the increase in NI rates, I would be happy to shoulder the burden as part of Income tax to provide funding for some of the poor sods that live in substandard accommodation/care arrangements. ( I STRESS THAT THERE ARE SOME OUTSTANDING PROVIDERS WHO DELIVER COMPASSIONATE CARE IN DESCENT SURROUNDINGGS, however, from my experience they are in the minority.
Good luck to you and your family.
e-tank
Gary, Smithy is at the wind up.He posts these posts every so often the get the board wound up.
I was attempting to be a touch ironic fellow posters, perhaps to inject some humour into SmithyS's views. I still think he's a complete k n o b though. Some old timers I know would absolutely wipe the floor with him.
No need to get personal with each other it just shoes your logical argument is weak.
Furlough was not fundamentally designed to protect the jobs of the young buy to enable isolation to protect the old and vulnerable.
I find the greed of the old distasteful. The assets should be cashed in (rather then let a relative inherit it) to pay fir their later life high consumption of the resources and only then pass the debt onto the young.
These ate my firm views and no amount of silly name calling will change that. Infanct it only hardens views
Gary,
as a fully paid up Capitalist, i salute you. You got on in life, good for you.
These free to use message boards are here for everyone, even the intellectually challenged smithy types.
That's where the Filter option comes in handy
CAPITALISTPIG
Sorry to have to spell it out to you.....from your comments you would appear to particular cretin.
I find your comments utterly distasteful.
Also, there is more than one side to the argument.
e-tank
Just read the posts that's hilarious Logans run anyone sounds like it would appeal to some in this forum in which case. Don't invest in a pension and don't rely on a state pension just hope you kick the bucket before your 60s otherwise some other young buck will come along and complain about the debt you left them lmao. Aren't the people ending up on furlough in the same category based on the statements here why not pile them on to the scrap heap. Greed is a sad sad thing.
Today's generation want the big house,cars and general luxuries, that took years to achieve.
That's why there's so much envy
So the moron Smithy posts this ... a few frozen grannies this winter with the Gas price means that not only will Bp be in the money Q3. Less of my 1.5% NI tax rise will go on care costs!
I bet the ****head dislikes me then. State pension every month, another 3 x baby boomer pensions, masses of savings almost given free by the government with 40% added every year, massive 5 bed home where there's only the two of us, second home in the UK which we only visit when we feel like it, free health care or BUPA whichever we feel like on the day, a right burden to society when Smithy the drug taking ageist knob sweats every day at his job on a supermarket checkout. (Tongue in cheek Smithy we all know what a positive, respectful chap you really are) K n o b !
https://youtu. be/A5xH9dmGd-U
That’s the video
Quick review of a news video from 1977 shows that before that point the ‘average’ person was paying 19p in every pound.
Far below the headline 83% tax. As with everything there’s other points to consider. Aka tax now is 20% & 13% NI however there are allowances that mean you don’t acc pay that figure.
That was the 70s. People work for 5 to 6 decades. I have researched and there is a big hole and the costs driving it are clear.
There are alot of pensioners sat on large asset bases so can pay should pay. Its obvious.
In 1974 the top rate of income tax was 83%. In addition there was a 15% investment income surcharge making a total charge of 98% on unearned income. Many wealthy individuals with high investment income left the country as tax exiles.
Think you need to do a little research of your own . They are facts btw ! Check out Labour's tax regime in the early 70's
Clearly wasn't enough if you look at our national debt current account deficit and where it is being spent. We definitely can't burden the young with this debt
What tf are you smoking? 83% tax where did you get that figure from haha.
Then up to 98% with other income considered?.
I think you need to rethink what you believe….
Lol, really, pensioners of today were paying an eye watering 83% tax back in the 70'S, which could climb as high as 98% with other income ie investments and dividends.... now tell me pensioners didn't pay their way !
I'm sure it was only banter is is than now banned in todays age.
It is another sore point though alot a rich pensioners sat on big assets need to pay up
They didn’t pay their share of what they take. Which is why we have a 2.2 trillion deficit and working aged people are now paying the worst tax take in 70 years.
Including paying more tax, so they can stay in expensive 5 bed homes when their brains turn to mush.
You will be old yourself one day ,have some respect for the older generations.
They have done there graft .
Agreed, Filtered.....people who think like that are no use to me
Pig
Smithy,
That comment about the money saved on care costs when old people die because they can’t afford to pay for fuel is unworthy. I’d like to think you’re better than that.
TinkerT
Double whammy - a few frozen grannies this winter with the Gas price means that not only will Bp be in the money Q3. Less of my 1.5% NI tax rise will go on care costs!
I would be astounded if we don't get a good run up to Q3 results which are nailed on the smash all forecasts and Q2