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It is amusing to see Roger dishing out the financial advice, this was him on Eurasia Mining.
Personally I'd be delighted with 78p but think we'll have to wait a while longer before we get to that level. Think the BOD have played the situation to get the mcap up and some ii finds in place and to spin it out for as long as poss before a sale lands. Clearly we're not there yet or else this would be done and dusted. The Russian authorities can move as quickly as they wish/need if there's something that's in their interests and is fo huge benefit. Think there could be much more value further down the line for those prepared to wait around a few more years but I'm of an age where I would take that profit now and be a very happy chappy. After this no more AIM for me. Have been stung by too many AIM charades these last 3 years. A success here to the tune of 78p would wipe out all those losses and leave me comfortably in the position of being able to help family and other worthwhile causes I'm committed to. GLA.
Coal-fired generation has pushed Bangladesh power sector emissions to record highs: just under 60 million tons of carbon dioxide emissions in 2023, up from 58.3 million tons in 2022, according to Ember.
That emissions load was roughly a 24 percent rise from 2019.
The carbon intensity of electricity generation has also climbed. Roughly 741,500 tons of carbon dioxide was emitted to generate each kilowatt hour of electricity produced in 2023, up from 723,200 tons in 2022 when coal use was roughly half of the levels seen in 2023.
Coal-fired generation is still rising, with 2.11 TWh of electricity generated from coal in January, up sharply from 0.83 TWh a year earlier.
Imports of thermal coal are also rising, with seaborne purchases through March totalling just over 3 million tons, up from around 2.5 million tons during the same period in 2023.
If Bangladesh's coal use and imports remain strong, 2024 will likely set a record for both coal-fired generation and emissions. It could potentially offset any declines seen elsewhere in terms of coal consumption and pollution, with Bangladesh emerging as a hub for coal demand even as much of the rest of the world turns its back on the fuel.
Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows.
Bangladesh power system gets dirtier on rapid coal use growth
Coal is on course to overtake natural gas as the primary source of electricity in Bangladesh, worsening regional emissions and complicating global efforts to cut use of high-polluting fossil fuels.
Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows.
Over the same period, natural gas-fired electricity output increased by just 4.7 percent to 47.44 TWh.
The sharp jump in coal use relative to natural gas use resulted in a large swing in the country's electricity generation mix, with coal accounting for a record 21.1 percent share of total generation, up from just 7 percent two years before.
The share of natural gas-fired output fell to around 59 percent in 2023 from 66 percent in 2021 and 76.4 percent in 2019.
If utilities keep increasing coal-fired generation at a faster pace than gas-fired output, coal could emerge as the primary source of electricity in Bangladesh within the current decade, undermining worldwide efforts to cut coal use.
Bangladesh, among the world's largest clothing producers and exporters, has experienced sharp growth in energy demand from its population and businesses. The country has garment factories that consume power around the clock, and overall energy use also has climbed along with economic growth.
Real gross domestic product (GDP) growth in Bangladesh has averaged 6.2 percent over the past five years, more than twice the global average, according to the International Monetary Fund.
Using Internet of Things technology developed by Cisco, these wired plants will provide researchers with continuous updates on their health and hydration.
The county's power suppliers have struggled to keep up, resulting in regular power outages last year.
To avoid similar setbacks in 2024, authorities have directed electrical power generators to use more coal, and have approved record large coal imports.
The country already receives regular thermal coal supplies by truck and train from neighbour India, but in 2023 also boosted seaborne imports by 47 percent to a record 12.7 million metric tons, according to ship tracking data compiled by Kpler.
Bangladesh's average annual seaborne imports from 2017 to 2021 were 6.8 million tons, so the jump to close to 13 million tons last year helped lift the country to 12th on the list of global thermal coal importers in 2023, from 14th in 2022.
With several nations taking steps to steadily reduce coal-fired power generation and imports, Bangladesh will likely rise further in coal import rankings.
No one knows what the Bangladeshi government will do, fair to say they are currently between a rock and a hard place.
Compensation levels to locals will be high, Power China will see to that.
Gas fired power stations hasn’t worked out.
Environmentally the can has now been kicked down the road until 2040.
So utilising local coal does seem the only short-term viable solution, and maybe in the time this will buy them they can come up with a better alternative, possible nuclear fusion.
Here you pay your money and you take your chances, personally I would ignore the noise from the £50 each way crew who plague most of the boards here. Remember one slight whiff this is moving forward and the SP will hit levels unseen in the past.
Good luck
The stock market is a forward looking system one that very much takes into account history, today and the future.
Long before Helium One has multiple production holes all feeding into processing plants, with offtake agreements signed, the stock market will have long since priced in.
Pure helium is there, free flowing to the surface, in many ways the company has re-risked the basin according to Liberium and they should know.
That means the ‘only’ real negative left is funding and yes, of course, it will be needed. This is the only real avenue left for the derampers to focus on, but will it stop progress and the march towards £1 plus, no it will not.
If you can sit back and chill and when decent dips occur, contemplate doing as I did, buy into them.
Good luck
Https://www.fastbull.com/news-detail/bangladesh-power-system-gets-dirtier-on-rapid-coal-3826014_0
Minas Gerais where Harvest is located is a prolific region (lithium valley) for the discovery of LI and REE’s, so the news today is of no surprise.
https://www.miningweekly.com/article/meteoric-buys-ree-licences-in-minas-gerais-2023-04-24
https://www.bnamericas.com/en/news/minas-gerais-state-creates-lithium-valley-to-attract-investment
It is doubtful you would put out a tender for a whole array of extraction based services if you haven’t found something of substance.
https://tenders.ajirazetu.tz/latest/
I don't hold but a friend of mine who works in the industry, his words, the IP alone is worth well over £30m hence Maxwell/Tesla have been all over it for a long time.
What a massive result for CPX
Supercapacitor and energy management system specialist CAP-XX updated the market on its ongoing patent infringement case against Maxwell Technologies, now a subsidiary of Tesla, on Monday.
The AIM-traded firm said that on 15 December, the jury in the US District Court for the District of Delaware confirmed that CAP-XX's patents were invalid.
As a result, Maxwell was deemed to be free from infringing on the specified.
The verdict relieved Maxwell of any obligation to compensate CAP-XX for damages or acquire patent licensing rights.
"Whilst CAP-XX is disappointed with this decision, it is in discussions with its attorneys to agree the appropriate next steps," the board said in its statement.
"While the company cannot comment further at this time, we will provide an update in due course.
"Meanwhile, the company looks forward to proceeding with its current product range, supported by a strong portfolio of current IP, to focus on the key short-term actions to maximise sales and deliver profitability."
At 1358 GMT, shares in CAP-XX were down 57.21% at 0.73p.
Cambridge Sleep Sciences in 2022 reported a loss of £748,117, now a company with apparently no money has made a bid for £6m for a few percent of CSS. Something wild going on here, but as long as everyone throwing their money at it has done their research then all is good.