Roundtable Discussion; The Future of Mineral Sands. 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.
The take up of EVs will be constricted by grid capacity. The UK government has only been paying lip service to the green revolution. As per Warren Irwin, western governments have allowed green peace to stop them from investing in nuclear which is the only true green energy alternative which can support base load. That decision allowed nuclear research to fall behind while emissions levels increased. EV range is significantly reduced by cold weather and will be until battery technology has improved. For me, increasing grid capacity and rolling out charging infrastructure are the top priorities.
It won’t happen, we don’t have the infrastructure and we’re never going to get it by 2035
We don’t have the personal wealth for each of the uks 40m motorists to buy a sixty grand golf cart and there won’t be affordable second hand stock because the batteries are dead in ten years
It is just an elitist power grab to try and put poor people in their boxes by denying them private transport. Problem is they’re starting to see it.
The fairest way forward is to let the markets work it out. If people genuinely want and desire these milk floats and all the problems that come with them, then they’ll buy them and the infrastructure will appear
You cannot put a cart before a horse
I couldn't begin to assasinate a faceless figure on a bb. I may disagree with them , but to judge them without facing them would be cowardice and uncalled for imo.
U know what u are sunshine
Of course Gino ,you are correct all the way to the bank , with the uptick too.
You come across as a very clever person.
The range is already up to 400m + for a decent merc and it’s only going to improve.
All sunak did was move the UK in line with the EU, all the big car manufacturers are aiming for 2035…..
You can post all these hurdles but the reality is I can drive to Gatwick this week 400m and charge for 15 mins and get there and back with no issues.
Our a Tesla is almost 3 years old, the new ones have much better range and I drove to London and back last weekend with zero issues, from the midlands, no UlEZ either….ots win win.
You can pretend it won’t Halle but this is here until flying electric drone taxis in a few years.
Personally I’d rather not be held to ransom by opec+ and ripped off for over priced fossil fuels because they are greedy sh*tes
lol 4.5k insurance premiums…..what a load of tosh
Covgaz:-
'Thank you for your character assumption Gino , and the 6 that chose to vote u up. I will put you in the same category and CD ,add and there like then.
I only ever speak the truth , and I wear my heart on my sleeve.
You go have a loverly day u pr*k.'
Is it fair to assume you missed English Grammar lessons and haven't bothered with it since?
PS - Would love to know what a pr*k is. Is it a Cov entry thing?
That’s fine if your round trip is comfortably within your range and you drive like a vicar to make it last
But some of us like weekends away and the ability to get more fuel as and when we want it and not have to wait half an hour even when it is our turn
Add in the £4500 insurance premiums to the extortionate list price of these ugly golf carts and they are purely for mugs and Willy wavers
Let’s hope we get solgold over the line before everyone wakes up because it’s clearly beginning to happen at a rate of knots now.
I can confidently predict EVs will become the Betamax of personal transport
Lol
Strange how this is happening when sales of EVs are falling, allegedly.
Oh dear scaremongering to try and rein in the change to electric.
It’s happening and there’s nothing you can do about it 1984.
I switched to electric because I save a fortune doing it, 3 years ROI and investing the savings in more storage , when V2H and V2G come in to force every EV can power their home
I’m paying less to heat a home, that is over twice the size, than I was 15 years ago with a gas boiler.
You can bury your head in the sand about milk floats etc but I’m more than happy to drive round in a quiet relaxing range rover when they are out next year.
Personally I don’t want to charge at a public charger as it’s 1000 % more than charging at home,
Cont…
PUBLIC DISORDER RISK
Mr McMeikan said he had repeatedly told Jesse Norman, the minister for transport decarbonisation, that making EV motorists queue would put his staff and motorists at risk of “charge rage.”
“I’ve had conversations with Jesse Norman, with special advisers and with National Highways who are responsible for managing the motorway network. They are all responsible for ensuring chargers are being deployed on the motorways but they are not doing it. They are not addressing the fundamental issue, which is electrical power.”
There are already about 850,000 electric vehicles on UK roads and two in ten of the new cars registered in August were EVs.
Despite recently delaying a ban on the sale of new petrol and diesel vehicles, the Government last week confirmed that more than a fifth of new cars sold by manufacturers in the UK next year must be zero emission, rising to 80pc by 2030.
New electric car registrations
Mr McMeikan was formerly the chief executive at Greggs and led the rebellion against the government’s 2012 “pasty tax”, which was ultimately abandoned.
He said he now planned to take the government on again, accusing it of letting motorists down by failing to ensure motorway services were given grid connections.
The lack of action has forced Moto to seek planning permission for up to 25 solar farms next to its service stations to “guarantee an amount of power that we require for EV drivers,” Mr McMeikan said.
“I’m so frustrated and so concerned.”
If £4500 premiums to insure your Tesla aren’t enough, how about this in todays telegraph?
https://www.telegraph.co.uk/business/2023/09/30/ev-power-point-shortage-driver-disputes-motorway-services/
Britain’s biggest motorway service station provider has brought in marshals to police “charge rage” among electric vehicle drivers battling for access to plug-in points.
Moto chief executive Ken McMeikan warned the UK’s motorway service stations are facing growing “public disorder” due to a lack of grid connections preventing him from installing enough car chargers to meet the surge in demand.
It means many motorists are facing long waits, with angry drivers confronting staff and each other over the lack of charging facilities.
Mr McMeikan said the delays made drivers “very angry and stressed” and warned of the growing risk of “charge rage” on Britain’s motorways.
He said: “People need to drive their EV cars around without range anxiety, without long queues and without public disorder but at peak seasonal times we are experiencing all this now.”
Moto, which runs 49 motorway services around the UK, has already introduced marshalls at Exeter, Rugby and Wetherby to manage EV queues and prevent conflicts during busy periods.
0104 Electric car infrastructure struggles to keep up
Mr McMeikan, 58, who drives an EV himself, said he had told the government of the problem and warned ministers that public disorder incidents would grow.
He told The Telegraph: “I’ve been saying to them that the grid does not have sufficient capacity right now to deliver the power we need at the time we need it.
“If we don’t get that amount of power guaranteed, then in coming years every Christmas, every Easter, every summer holiday and peak bank holiday will be the equivalent of when we have a fuel crisis on petrol and diesel.”
SIX-HOUR QUEUES
Electric car drivers were forced to queue for up to six hours at some service stations across the UK last Christmas.
Unlike a petrol or diesel engine that takes just minutes to fill, a typical electric car will take at least half an hour to recharge. It means many more charging stations are needed to service EVs.
The Moto chief is the latest senior business leader to warn that long delays in connecting to the grid are holding back the rolling out of charging points.
The chief executive of Gridserve, one of Britain’s biggest electric car charging companies, told The Telegraph earlier this month that delays had forced his business to rely on batteries and generators to power up vehicles.
Mr McMeikan said: “You’ll see queues of people and public disorder because there wasn’t enough power delivered to motorway service areas… to allow people to charge their car and then continue their journey.
“There is a view in government that, rather than provide the power to guarantee sufficient numbers of chargers, we should be thinking about how we manage queu
Thank you for your character assumption Gino , and the 6 that chose to vote u up. I will put you in the same category and CD ,add and there like then.
I only ever speak the truth , and I wear my heart on my sleeve.
You go have a loverly day u pr*k.
It's actually invester.com, a reputable company
Just thought I would call them infester.com, because they clearly are only here to deramp
Padmaster. those bloody infesters are at it again. this time its infester .com.
Moving Averages:STRONG SELLBuy (0)Sell (12)
Technical Indicators:STRONG SELLBuy (0)Sell (10)
adikt what do you think them infester. com clowns who forecast for a living, can't see, that you can.
both averages and techs. strong sell. what is the matter with them, obviously not read your posts
Hi Bozi, I have listened to Warren's videos and I note where he paid tribute to the old miner Dale Hendrickson if I recall correctly. At the time Warren was a rookie. As a rookie, he could have ignored Dale and pursued his own conviction. That tells me a lot about his character. Therefore, he deserves acknowledgement for coming out on the winning side of the Bre-X scandal. I was in Calgary at the time when all people were talking about was Bre-x. I wasn't into shares then so I didn't invest. Actually, I think Warren would make a better CEO of solg than Scott. Warren understands money. I not sure that Scott does. I remain to be convinced otherwise.
Eloro - if you listen to Warren's stuff you'll realise he was tipped off about Bre-X rather than sniffing it out himself so to speak.
I think it's an important distinction to make in terms of the point you're making, which Gino adds further credence to.
1984
Do you seriously think BHP and NCM invested $45m as an investment to make money and sit on their hands, it was strategic and they paid top dollar at the time. 5 years later things have changed massively, black rock have sold others have not.
Mather has diluted them down to 10% and they are potentially the pig in the poke that can block any deals if they need to.
No one knows if this mine will ever get built and if it does it will take a lot longer than many think.
Most rampers hope that a Barrick, Rio etc will bail them out again …….personally I just don’t see it.
Yes the sp is depressed but it’s 50/50 to which way it can go from here.
Adikt, interesting to see several posters appear, like me to be finding your daily utterances and need to lord over us all a little tiresome.
it appears im not the only one who thinks nothings changed and Mathers still in the driving seat.
unlike yourself who clearly things everything is rosey and caldwell is the new messiah, and if we bury our heads long enough we will be millionaires. just as long as we dont voice any concern.
Are you daft? The royalty deals, Chinese investment, BHP and Newmont/Newcrest haven't sold their shares yet, but all have failed to spot the hoax.
Covgaz is from Coventry and should perhaps be sent back there. Eejit!
Cintsa71, I can understand the need for stability. However, if we make it to 2025 without a bid, and then have to decide that we need a change, we would have failed.
Interesting point Covgaz, after all, we still don't know what happened to the missing $4m. I am reassured that Warren Irwin flew to Ecuador and inspected alpala before investing his fund's money. This is the guy who called it correctly on Bre-X and would have sniffed out a hoax.
Yeah , and just maybe Cascabel is hoax, anything is possible here.
I am supportive of SC for no other reason than the need to appear a stable company in an unstable country. Imagine a supranational decided to bid - I expect an earn out as the Saudis I doubt have a team they could parachute in. Management and SC holds all the relationships.
I am as impatient as the next person for corporate action but I am also pragmatic. We all need and deserve clarity on where this SR process is going. Trotting out the same lines at every conference is painful to watch.
Post election we should see an upswing in SP and positive steps to reduce perceived country risk. I was on a bus through Imbabura last month and it is a safe region to do business. It is a world away from the coast which is notorious. The difficulty may be the pipeline to Esmeraldas which is like the Wild West. So long as the tailings study proves viable then most roadblocks will have been overcome.
Any new President will want this sorted ASAP and stability will drive confidence I hope for a 2024 conclusion.
If we are going to around being still for sale in 2025, then I would prefer another leader. Scott isn't impressing me. Just imagine how excited we would all be if he had said that he is having meetings with various interested parties in different countries. Instead, all we got was lots of tyre kicking, but no bid. What exactly is he doing to earn his salary?
Add, maybe we do…. But Scott is no saviour… he is just the sap that has to front out any PR while the people behind the scenes try to flog it… he has to say whatever he thinks will sound good and point to minor things as big accomplishments until it comes to a close… he is just a caretaker until the Solg story splutters to an end
We hit 40p off an exploration hit at Porvenir… we have no such catalyst anymore as we are mothballed with no exploration, in the hope of a firesale.. so without a very successful sale, we will not see 40p again