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Of course he is. Standard behaviour
Digging in the horse poo again Snowking?
Chris--in 3/4 years time you will notice that hydrogen powered cars will be making serious "inroads" into the EV market.
Three major factors:
Geo politics
Environmental issues
Increased efficiency of hydrogen power.
Acker
Snowking sounds like you are working on the law of averages regarding news this week .RNS in 2 weeks!!
I do hope that you have been told something that we haven’t because waiting on George for anything is painful.
Excuses broken promises and contempt for Shareholders is what I see .
Snowking, mega rns in 2 weeks ? What's your source ? Are you ramping again ?
Hi Acker,
This was an article with all the facts from Bosch back in 2020 & they looked at the current cost of fueling the vehicles & found that lithium is more cost effective in cars rather than hydrogen.
The way the world works is we will use lithium until it becomes a problem & only then we will start really investing in alternatives so Prem has real good opportunity here for the next 10-15 years but we could do with a new BOD.
GLA
Acker
Just read about a airplane they have that runs on hydrogen ,carry’s 270 people but it’s 10 years and more away before hitting the skys
But hydrogen will be for commercial use only but again very little people trained to fix them
Chris1868- i can agree with most of your post however you may wish to do more research on the adoption of hydrogen in vehicles under 6 tonnes.
Acker
Yes i reckon news this week and a mega rns in two weeks .
Bought at the close and others will soon
Bex,
your incorrect about how i don't understand how fast new battery technology is moving as per the link below & you've not given us any facts on on any automotive companies moving over to the sodium-iron batteries!!!
The automotive sector have invested billions in lithium & Bosch have tested lithium against Hydrogen with there findings being that Hydrogen only comes into play in vehicles above 6 tones.
I agree we need other technologies as we don't have enough lithium & we need to look at cleaner solutions but this is 10-15 years away from now.
China have done the testing on the battery below but you need twice the amount of volume in size of batteries just to match lithium.
https://www.bluesky-energy.eu/en/saltwater_battery/
Chris1868, Battery technology is moving very fast.. Read the latest tech news and you will have an idea just how fast things are progressing.. The world is not waiting for PREM to deliver the goods, because the goods are required now! As far as PREM goes, 'Until the lithium flows, it's shareholders will continue to starve' and there's a strong likelihood, they will have little to gain, come the end.
Hammered11, I think the point you are making, is that only those that sold PREM shares to date, have made any money..
Many li battery manufacturers are moving away from using cobalt Tesla only use 5% cobalt in their li battery and are developing one that doesn't use any cobalt.
Bex,
You are talking dribble!! & clearly don't understand battery technology - Lithium-ion batteries have a lower energy density so therefore have longer run times plus run cooler giving the battery a longer lifespan.
Next you'll be posting the Blue Ever Ready battery is the future!
Bex, what about the people who bought in at 0.02 levels and either sold at above 0.3, or still hold. They have made a fortune!!
It's only us poor long term holders who are left, who bought years ago at 2 and 3p levels.
Dosed off after the first sentence, Bex... you wouldn't be a lawyer or a compliance officer, would you?
Anyway, it's the convention on these boards not to give advice... best to be clear that you're only offering an opinion!
Steward1, FYI In the absense of any legally binding agreement/s, or remuneration, 'advice' is an option for consideration only. Therefore it is none mandatory with regard to the need for taking action. Risks remain with the owner, as result, any action taken by you, remain with you and cannot be transfered or offset to others.
Lithium Batteries [EV}
I have done an enormous amount of research on this topic.I agree that there will be ,in the future,an ALTERNATIVE to the current lithium battery.Science is a wonderful thing.
As discussed with Snowking ,the higher the lithium price,the higher the R & D budget for alternative power.
It appears that hydrogen power will drive heavy transport.
IMO the monopoly for the lithium battery has about 4 years left,after such time alternatives will become available.
The new battery is the Holy Grail--it will come.
Acker
Bex - what qualifies you to give this sort of financial advice? Have you got liability insurance if I take this advice and it turns out to be bad advice?
I posted about using sodium ion technology months ago but was dismissed. Also carbon nanotubes which, although is miles away from scale perspective, shows great promise as a technology. People need to realise that lithium batteries will not be around for long. The peak is now. Prem will catch the bottom of the downward curve at very best.
Sodium -Iron battery's will be available soon.. Lithium is difficult to mine and extract. Manganese is available to PREM, hence buy later. Sodium's abundance makes this material much cheaper than lithium. The element costs less to extract and purify compared to lithium. Sodium-ion battery cells can be manufactured with ample metals such as iron and manganese. Lithium-ion batteries on the other hand require cobalt, which is limited in reserve and distributed across the world in an uneven manner. Also, cobalt is highly expensive to obtain and comes as the most expensive part of EV batteries.
Well done on your GenDrive profits.
But sell Prem now and buy in 5 years time? I'm no expert but my limited knowledge on Exploration and Mining tells me that isn't good advice.
Sold £3ks worth of PREM and made £1.7k on GENDRIVE in 5 days, George would need to live for 2,000 years to make that sort of return for his shareholders!! My advice is 'Strong PREM Sell Now' and (maybe, maybe), buy back in 5 years time!!
Redtrade
Proper answer
Put you your 38 % back and a bit more maybe and play the game for nothing ! How good is that to play with nothing to loose?
Let's hope it's 38% of a few quid and not 38% of tupence ha penny eh