Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just thinking that if Providence was taken over as a going concern, Lansdowne would be a independent part of any new company. I suppose if the Chinese were to take over Providence for example, the value of Lansdowne would increase just on the news of the Chinese now running Barryroe. All speculation of course, but when you are in the dark, that is all you can do.
hi guys just been looking at the largest investors, Tony is not moving from his position, none of the investment companies who invested when this was much higher, none of them has reduced their holdings, i assume they are working with TOR for a solution to get their investments to make money
hopefully news of direction this month
I'd give up on ireland if I was CEO of Providence. You need to market this company to investors in large countries where large machines (Pickup trucks, private jets, speedboats, yachts) are an integral part of everyday life and are seen as an essential part of having a "modest standard of living."
https://m.nissan.ca/en/trucks?#!
Three cheers for Nissan but it's sad they are not really committed to making and selling their utility trucks in the UK.
Hi Fmfm,
You will get lots of people in life who say you don't have freedom of speech. But personally I look to myself and then I realise the freedom of speech is one of the most important rights in a civil society as that is how the scientific method came to overthrow the rule of tyranny and religion. So do you have the freedom of speech. Yes you do, (at least in my eyes), along with everyone else who basis their knowledge/thought processes on rationality, science, and with a view to enabling society as a whole to become wealthier and a more fun/cooperative place to live in. We only have one life: be free, contribute to wealth creation, make others richer as well as yourself, and have fun!
Your talking a lot of sense there Love You and I got a red card for just speaking my mind. Nothing new in that! And there is still a new moon and I’m not mad but speaking the Truth.
When I was younger there was a lot of thunderstorms and extreme weather events. I can't really say anything has changed in my part of the world over the last 20-30 years.
The government used to focus on things like improving people's energy security, and enabling people to own multiple homes and cars per family. It seems to me that society is going backwards - people are grumpy and starting to blame each other. I can't understand why they can't see it is the fault of the government. I could see that solar is not energy intensive enough to improve our energy security. And windfarms are okay but the companies involved were charging far too much and it was grossly unfair of the government to subsidise these people at the expense of other investors (people investing in oil, coal, ethanol production, tidal power, hydrogen fuel cells, and other energy sources).
The financial inequality has got so bad it has fractured society as badly as religion ever did (and I'm talking as badly as when people knew no better such as in the 17th century when it was Catholics vs Protestants).
I'm quite sad today, I feel society is shooting itself in the foot by not realising the value of a job in a coal-fired power station. There is still huge value in jobs such as these and it's very sad nobody is standing up against the government for the good of society as a whole.
Also, I feel a lot of scientific progress is in danger of being lost because as a society were are electing people who are just repeating what they hear others say. This is very dangerous indeed as the scientific method is the only method that has reliably improved out standard of living over several centuries. And as a scientist I have found from my own reading and analysis there is very little evidence to suggest that there is any pressing need to move away from fossil fuels. In fact there production is naturally declining and governments ought to be investing more in discovering new sources of oil, coal and planting more forests to be used as firewood in the future.
We are in danger of destroying the economy and leaving vast swathes of the population living lives that are a mere shadow of the affluent. It is extremely dangerous ... poor children will grow up blaming society once they realise how much richer children benefit from extensive overseas travel and how this broadens the mind and is fun and informative at the same time.
I think the government needs to really focus on lowering the price of fuel and air fares. To do this it needs cheap energy including extensive new investment in fossil fuels and Barryoe should also be a part of this as it makes financial sense.
Hi Fmfm,
Nice of you to wake up so late. Since 2009 I have been warning people that the Green policies will lead to mass poverty., cold homes, hungry children, and rationing of electricity through rapidly rising prices and unfair tariffs.
In fact I have been reduced to poverty myself because I put my money where my mouth was and invested heavily in oil companies and I have suffered 95% losses across my portfolio as a result. However, I am not sad for the loss of the money. I am desperately trying to get people to realise we need to burn peat, coal, wood, oil to stop poverty becoming a real problem again in Ireland and the UK, like it was back in the 1960s and 1970s. We had a couple of good decades and we can't let all of this progress be lost due to the lunatic greens who are only really out to benefit the rich. For example I was middle class and I invested in oil (many different oil companies to spread my risk) and now I am poor. My neighbour said he thought the government was mad but they were massively subsiding solar/wind and wasting tax-payers money. So he invested against his conscience (he believed they were over-generous subsidies that would result in massively unfair returns on capital vs the actual usefulness of the different projects society in terms of making people happier, healthier, and more in control of their lives). Anyway he invested against his conscience (due to the massively unfair/over-generous subsidies for green projects which were too small to contribute meaningfully to the overall battle against energy poverty) and he made twn times what he invested. So I went from middle class to poor. And he went from upper middle class to being extremely wealthy. But we are still equal really as he still respects me as he only invested to make money because he could see the government was mad which I couldn't see. But he really thinks there is no better energy source than oil in terms of its cheapness, ease to transport, and ease to exploit (a single drilling rig can produce billions of barrels). Hence he respects my investment decisions but he laughs a little that I didn't believe him when he told me that the government could go mad, and in fact they had gone mad, and they were going to throw stupid amounts of money at solar and wind and a few people would get very rich but it wouldn't do anything to fight emissions or poverty at a global level - in fact it would make the situation worse as poor people would go back to burning coal because due to the wealth inequalities and the governments subsiding the already wealthy anyone rational (any rational local governments or medium-sized enterprises) would just go back to quick-and-easy energy projects such as coal.
Totally off subject with reports, "technology" and the use of the word along with someone stud there in front of the camera wearing glasses to look intelligent.....A full tree does sink some carbon. A growing tree more so. Deforestation and re-planting is the easy method. Use paper! If your talking about technology in the form of say "lithium batteries" which are more harmful to produce than the reduction from usage "in net effect" then that's also fine. There is a lot of money "up for grabs" over this. Not least by the media! I don't want an argument but "cheap energy" was supposed to arrive with nuclear power stations. If you believe they ever gave that away please let me know. Short of off grid waterwheels millponds and windmills (and I am guessing they were taxed) I cant think of free energy. Solar might be a bit more useful if you know its going to be sunny!! and I dont think either of us will argue there is not going to be too much of that!
I have a different belief, Its good to be "green" in outlook and especially for some manufacturers who wish to up the consumer replacement of things like cars......but tell me, how do you plug in a hybrid when you live in a tower block? or charge it if the charging point becomes vandalized?
It just does not add up.
Sales and marketing are just a bit up their own arse (IMHO) and are literally telling people what they will have and hoping the market will follow. Hydrogen cars possibly. But really Nissan Leaf? Sometimes I see it as a good thing they attempt to make it but also as technology twits as a practical solution paper will go away and a growing tree isn't the easy route.
Sorry your the person to get this rant, but there will be no funding for studies unless we make up a crisis.
pbody we have ice ages on 100ky timescales. We can't really wave away the next hundred years of warming by saying "thing always change". Anyway, I'm a technology optimist. We'll sort it out. Given enough cheap energy we can extract atmospheric CO2 much faster than trees.
Agree about the share. It is bordering on criminal that we haven't had a peep from management in the six weeks since the final deadline expired. TO'R has drawn 50k of salary in those 6 weeks. A hint of a plan doesn't sound like too much to ask.
Looking grim......I thought the SP might stabilise and if there were a need for a further 10 or 20% fund raise there would be some value left. I was clearly too hopeful. Without some news this could well turn into a sub penny share.
Your both wrong about CO2 (IMHO). I once read about Faraday talking to the (then) prime minister about discovering electricity, After showing him the prime minister turned to Faraday and said " I don't know what it is, but I know I can TAX it.".
Planting trees (and a growing tree) is the fastest way to reduce CO2. Precession of the earths axis happens anyway. The globe heats up it cools down. We have ice ages. Polar ice caps melt they freeze again. We can't stop that. But they have manage to TAX it! Renewable and clean energy is good don't get me wrong, I am all for it.
Just don't think smog in some cities around the globe is going away just because we have new CO2 taxes.
Best of luck with this share.
No Chinese money turning up (hard to believe it ever was now) and without some positive news people are just walking away. You can't blame them.
That's why the most important factor for now is reducing the carbon intensity of GDP growth.
https://www.youtube.com/watch?v=TwwpNM1utnA
LG, that is simply wrong. Population growth could BECOME a factor in the climate crisis, but to claim it is the number one factor NOW is simply ignoring the facts. The biggest CO2 emitters are China and the USA, with India a distant third. Between them they account for 52% of global emissions. Chinese fertility is WAY below replacement level and has been for 30 years. The US is considerably below, and bolstered only by immigration. India is at replacement level and on a reducing trajectory.
After these come the other industrial powers and oil producers -- Russia, Japan, Germany, Korea, Iran, Canada, and Saudi Arabia -- accounting for 19% of emissions between them. The rest of the world is only 30%, and the entire continent of Africa is a comparatively minute 3%.
In summary, the biggest emitters occupy that position not because of population growth but because of affluence and profligacy, while the fastest growing populations contribute next to nothing to emissions.
The population of Africa is projected to be 4 billion by the end of this century. We may get lucky and the population may start to decline at some stage (it's already happening in Europe, the Americas and much of Asia) or we may not get so lucky. Either way, to deny that population growth is not the number 1 factor in the very real climate crisis is just sticking your head in sand.
Ditto, JODO. I also wonder whether such innumerate people should be dabbling in share investing. (Though I'm pretty good at the ole' sums and still got sucked in by the train crash called Providence). Anyhoo, before we start blaming Africa and India for man-made global warming, let's just appreciate that the USA produces more CO2 than that continent and sub-continent combined. Nearly twice as much in fact, even though it has less than one seventh of their population.
The entire continent of Africa produces less than one fifth of the CO2 of the USA. So how is their birth rate killing the planet? I note that India's population growth rate has halved in the last forty years, at the same time that their average life expectancy has gone up twenty years. It is a broadly similar story in many African countries though population is taking longer to stabilise in some regions, mostly the poorer ones. The irony is that as countries become more affluent and consume *more* energy, the population tends to plateau. And that is my main gripe with the leftie environmentalists. We need an affluent world capable of dealing with any crises we encounter. The so-called climate crisis will be dealt with in plenty of time with the advent of nuclear fusion, the Allam cycle, and other technologies we haven't dreamed of yet.
Reading LG and fm has made me wonder whether there’s a full moon tonight!
Man made global warming is probably true enough but it wont be reversed no matter how many drinking straws we in the developed world recycle. The problem is overpopulation. It always has been. In fact, it was a common trope amongst environmentalists in the seventies and eighties that the current rate of population growth is simply not sustainable.
The problem is that today’s generation of environmentalists are too concerned with virtue signalling and too caught up in leftist ideology to point out the elephant in the room. I will have no time for Greta, Extension Rebellion or any of the green lobby unless and until they unequivocally state that the current birth rate in Africa, India etc. is killing our planet.
If the judgement is in favour of the government in relation to the money message, (which it certainly should be in the case of offshore drilling in Ireland, as the exchequer would have to pay compensation to oil and gas companies for lose of income if licences were withdrawn) it would add a level of surely for Barryroe, as the issuing of the license would have being tested in the courts. Might also give An Taisce pause for thought.
If the judgement is in favour of the government in relation to the money message, (which it certainly should be in the case of offshore drilling in Ireland, as the exchequer would have to pay compensation to oil and gas companies for lose of income if licences were withdrawn) it would add a level of surely for Barryroe, as the issuing of the license would have being tested in the courts. Might also give An Taisce pause for thought.
Catholic Ireland still has its missionary image to uphold. But no longer is it the spread of Christianity but the spread of "green goodness" we are now preaching to the world. "We will show them how to be good and green".
Perhaps Brid Smith would like to take a trip to Delhi which is currently suffering from more pollution in a day than Ireland produces in a year which is mainly caused by industrial production, vehicles and farmers burning field stubble and it is expected to continue until January. By then many multiples of the people of Ireland will be dead from it.
So let us start a petition to send Brid Smith and her claque to India and when she has reduced its pollution by, say, 10% we will listen to her. All the Green party is doing in Ireland is driving a bandwagon called "The Useless DoGooders".
Read the current situation in India and China and thank the heavens this is not what Ireland is suffering from because, between them, about 500 million people are in dire straits.
https://www.ft.com/content/b642c112-015a-11ea-be59-e49b2a136b8d
Ps. Ireland is responsible for a tiny 0.10% of the worlds total carbon emissions.
Reducing our carbon emissions to zero in the morning will have NO EFFECT on the worlds carbon emissions .
Fact.
China, USA, India and Russia are responsible for over 50% of the worlds carbon and they have no intention of reducing their emissions.
Fact.
So we in Ireland are paying carbon taxes and are about to spend billions of our hard earned money on wind power and solar which will have NO EFFECT on global carbon dioxide and global warming and will bankrupt the country and leave us with a trickle of electricity in the grid.
Fact.
Are we gone mad? Are we as a country so deceived that we cannot see this? Are we blindfolded? Are we stupid? Throwing all that money down the drain on something that will have no effect on climate change.
By the way one degree of warming would be nice and would dramatically reduce the numbers who die from the cold.
Increased co2 is actually greening the earth! Do you hear that you Greens? How ironic. You should rename yourselves the Blacks as your policies will lead to poverty..
Game over indeed Mr. Ranger!
ranger4 Tune :) things not looking great unfortunately. Radio silence from PVR & APEC.