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The technology for batteries etc is only going to improve range and efficiency.
For a company car, over the last 3 years, a £60k EV has been cheaper to run than a £30k ICE by a huge amount.
Not so much now as the grants have been removed and the cost of electric, has been inflated, but electric per kWh is already dropping back and public charters have started dropping their prices albeit slowly a bit like garages when the oil price rises and drops…..
any government policy to ban ICE in the near future will be pushed waaay back... it will have to be.. its absurd to believe it will come in any time soon.
Banning ICE not EV’s…..
:-)
So you think most western governments banning electric vehicles, in the future, will slow it down.
It is slowing down currently because of the high electric cost , but with over 1m EV’s and energy prices already falling it will pick up again.
Initially ev’s, are expensive but the running costs( without public charger use) are very low
Fair comment add , wish they'd hurry up!
I said that too Wildtiger then the shares rose by 5%+. Its a good thing people don't listen to me.
I'm still waiting for 13p though.
400%+ why?
Well, I'm up £5k on this since my first purchase. How much are you up, or should I say down?
plonker
I bought back in at 16, just sold all my shares again. The general market is still weak, I think we will retest 13-14 before any major upward moves. Good luck to all
Up she goes
cov, why do you think Jiangzi invested recently? Did they sit around a table and say: " tell you what, we don't really like Cascabel, but why don't we chuck $36m at it just for a laugh?" Why did both BHP and NCM stand their corner in previous fund raises when they could easily have walked away? Why have they spent time agitating if they were no longer interested? Why does virtually every analyst and market commentator say it will be taken over? Why is Sangha so confident he can sell it?
There will be a myriad of reasons it hasn't already been sold - I suspect one of them may be that NM rebuffed previous informal approaches - but because something hasn't already happened does not mean it won't in the future.
Cov, I share your frustration, but as yet we have no proof that we're unable to sell Cascabel. I've said it plenty of times, but we're in a formal process which has not yet reached any conclusions and as it stands, we have no way of knowing how this is going to turn out. Many of us on here spent ages arguing for an SR and eventually the company delivered one; all we can do now is sit back and wait for the outcome and I remain confident the overriding and publicly stated intention of delivering shareholder value will be achieved.
Yeah we all love a good ramp but not ramping with made up stories, stick to facts then okay fair enough, that's why I like it when DM pulls people up on things.
Moving up on tsx tonight 28c and rising
"Commodities (especially critical minerals) are becoming scarcer and therefore more valuable. The market is well past "peak cheap commodities." We foresee concurrent demand and supply shocks and the emergence of a commodity supercycle."
"Decreasing major discoveries of copper, low inventories, long lead times and declining ore grades combine to make it difficult to ramp up global copper supply."
https://www.kitco.com/commentaries/2023-03-21/Has-the-next-commodities-supercycle-begun.html
Up for sale but no buyer. Lets be honest , it's been up for sale forever if the right offer came in , it never did. Why should it now?
Anon,live the dream don't let little things like the odd ramp get you down
DieSlak,correct up for sale
Agreed slug...smoke and mirrors...
DM it's so refreshing to have you on this board poking holes in what most people here say every day trying to ramp it up with their wild fantasies.
pactrol, i would say that the dd that any group would be undertaking would also include us allowing sufficient time for any interested groups to develop their own DFS inhouse... hence the SR and lag in updates... hence it would be attractive to get a deal done before further updates and advancement is made...
Candlesticks coming out BNC!!:)
Closing at the days high is always a good sign
Well bid towards the close
Pactrol, You are correct.
Solg reported on the 25th oct 22
SolGold employs a staff of approximately 800 employees of whom 99% are Ecuadorian. This is expected to grow as the operations expand at Cascabel, and in Ecuador generally.