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I used three different online calculators. The main parameters seem to be post code and house orientation (ie how much sun do you get)
Then there’s how much power do you use, I live alone
The annual “saving” doesn’t even cover the interest born on a 4% bond for the £12k let alone repay the capital
The only point relevant with SOLG execs at this stage is that for the first time they are all unified and singing from the same hymn sheet. They all want either Cascabel and or the company sold.
Whether the majors wait for Cascabel to be completely derisked or they take the opportunity to buy it substantially cheaper remains to be seen. These short on the stock will say it'll take years, those more bullish will say it'll be soon. Only time will tell who's right.
1984
I have to agree with Quady on the figures.
There is no way solar takes 17 years to achieve breakeven on your investment.
Quady’s 7 years is extremely conservative, with the recent spike in energy prices it would be 3-4 years.
The media love the negativity about electrification, no doubt funded by great marketing budget from the Saudis who want to keep their fossil fuel bonanza going as long as possible, but even they know the writing is on the wall.
Anyone who puts solar/batteries in will increase the size of their systems because currently it’s a no brainer in terms of return……
A very thorough personal overview SH, but honestly you have no idea as does no one else what is going on/about to unfold at Solg towers... but your post is appreciated and a sober reminder that this is an anonymous BB and anyone can post anything.
Personally and FWIW I believe that we are in the final leg of the journey here as the stars appear to be aligning. We are invested in the right products in the right period of history and the correct resource cycle. BINGO !!!
55p someday soon !!!
Nick will know from his time at the helm than no amount of wishful thinking secures a deal. He can push Scott all he likes- Scott isn't in charge of when Solg sells. There's a common misconception on this board that we can 'work in the background' and 'get this thing done', when the reality is we can only work to explore, drill and derisk assets, whilst building relationships with locals. We can also give away the promise of a share of the resource for enough money to keep the company viable. Everything else is not ours to control. Scott can no more "get it sold" than he can magic the metal out of the ground.
Couple of years to run here, at least, and if Nick goes bankrupt in the meantime it will only cost investors who didn't do enough research. Sad, but true.
All is well here keep calm and carry on
Ignoring the ever useful comments from our two Learned Friends, the question arises of how long can DGR continue without the realization of some cash from us?
The A$5m loan they took out from Choice, which bears interest of 20%, is due repayable at the end of November. They are also due to repay the £1.7m loan from Equities First at the end of December this year. They're also involved in costly litigation against the administrators of Armour Energy, so the cash pile will be diminishing rapidly.
One can only assume NM will be pushing Caldwell harder than most to deliver some form of realization here.
Had to respond to adikts latest blow my own trumpet post.
I detect a bit of desperation and back peddling going on.
Unfortunately, you've a long way to go ad.
Also doesn't your cathexis claim for eloro, fit your obsession with me.
Several posters telling you, I'm in your head, your unhealthy obsession with telling all I'm filtered.
Then having a little peep when you forget to log on. 😁. Or you pick up your wife's phone by mistake, and she just happens to be a lse member. 😬
And do you not have cathexis with every one who disagrees with you.
Nothing changes
Mirrors don’t lie! 😍
Ok slug I have done the maths.
Your payback on solar is 7.5 years, with 22.5 years of free power.
I need a good laugh, please show us how you came out with your ridiculous payback period.
By the way you state a 4% bond but don't show the working for the cost of your electric on a month by month basis, not do you show inflation of power, have you included 22.5 years of free power.
These figures are conservative.
I know this because I am achieving this and the technology is better today.
Please have the decency to stop cross ramping the other shares in your portfolio. It's pathetic.
Were not the only ones discovering copper...but this one wont threaten us for a while...
https://www.lse.co.uk/rns/JAY/acquisition-of-sedimentary-hosted-copper-project-txtbefnszdar88u.html
Another day, another priceless bit of add. Is it ever a burden being so astute, add?
Interesting interpretation which, as ever, is wrong.
There's a useful word to describe your obsession with Caldwell - cathexis. It means the concentration of mental energy on one particular person, idea, or object (to an unhealthy degree). Seems to me this neatly sums up the situation.
Add, sounds as if you are not happy with the current situation with solg?! I thought you were happy and that believe that Scott is doing an excellent job? So why the hint of frustration that you don't know the situation with funding, or whether there is a deal? With your staunch belief in the man, you should be happy to sit and wait until he has completed his brilliant execution of our affairs😆
Issued their quarterly report yesterday. There wasn't much of interest as it related to us, but one or two things caught the eye.
In the update relating to their investments, in which they describe the status of the various projects, they describe Solg as being at 'maturity'. I'm not sure what this implies, because it doesn't strike me that we are at a mature stage.
They tell their shareholders that we have successfully completed the CIPA. Have we? I thought we were yet to dot the i's?
At the end of the period they had A$4m available cash - this came from the Choice loan. Their staff and admin costs were A$1.2m, so they've got some headroom for the next few months, but one assumes they don't have an infinite ability to raise too much more cash. Mather must be itching to see some proceeds from us.
Where is my old Buddy NAL?
You will get your opportunity to laugh in my face. Only its not going to be as you hope for. Sooner than you think.
You really are a prize 2wat tiny now please do one as clearly you don’t even know what it stands for 🤷♂️
2nd Jan won’t come quick enough for me to laugh in the face of such an evil troll 😂😂😂 but in the meantime I’m sure they’ll be getting busy posting rubbish here every day because it is predictable, boring, sanctimonious and most of all a complete square 💋
Think before you post idiot. You give your true nature away.
Parents should be fearful of having their children around grown adults who go around calling people nonces on an anonymous board.. red flag imo..
I don't need to get you banned why do you call posters nonces ? - are you projecting? Is there any valid reason for it? Its prison slang have you been to prison novice?
Blimey someone’s desperate for attention and is clearly hurting today 😉
See you 2nd Jan on the “other” side tiny 💋
Stop reading my posts or get me banned if you don’t like it ! otherwise tough t1tties ( . ) ( . )
Novice's post this morning.
"have a good day all and stay away for the sake of these nonces..."
"nonce in British English
(nɒns ) noun. derogatory, prison slang. a rapist or child molester; a sexual offender. "
Was anyone discussing children novice? Do you personally know anyone on the boards?
Why on earth are you calling posters you don't know nonces? Do you see how odd this is that you think of these things?
You're broke for a reason skint...
Leave the kids alone...