Actually the 6 months was between university and becoming a corporate lawyer and top 5% on his MBA course at City University so I think he had a fairly good view from the inside. Assume you are not at DEFRA ?
Govt. is now planning to cut 91,000 civil service jobs for a saving of £3.5 billion a year for starters. There are plenty of jobs available in the hospitality sector so great news. One of my sons worked on contract at DEFRA for about 6 months and could not stomach the fact that management teams needed to travel first class on Eurostar , stay overnight, dine out in Brussels or Paris just to have a "meeting".
Craig....totally agree with you on that one and the only new cars that I have ever owned were company cars w3hen working for multinational corporations. A year ago I managed to get hold of a shiny BMW X3 (2012) for £8000 and worked out at current mileage usage it will be fine for 8 years. Second hand electric then. I had not realised how expensive cigarettes were until talking to a friend this week who told me £11 for 20. That works out at just over £ 4000 per annum and just wondering how many people complaining about "fuel poverty" actually smoke ?
RE: Spodumene up every day $150 now $460512 May 2022 11:00
Not bitter at all since I exited a large lithium investment in Australia recently having only made 70 times the initial investment. It is people like GR from PREM , HAA from KEFI and Robin Young from Amur that give the AIM market a very bad name .
RE: Spodumene up every day $150 now $460512 May 2022 10:55
Wolf , it is petty cash to them and I guarantee that they will screw shareholders. BHP (a fairly large company in the resource sector) has announced that it is not entering the lithium space because the world will be in surplus in the not too distant future. By the time GR is ready there will be a surplus. Good luck !
RE: Spodumene up every day $150 now $460512 May 2022 08:47
If the "large pilot plant)" capacity unknown is not developed in 7 months then it will be the umpteenth time that GR should be sacked. Let the Chinese bid his shares and show him the exit. I have put Jan 1st 2023 in the diary as GR day and will be sending him an email tomorrow.
RE: Daily Mail Front Page Headline (Thursday)12 May 2022 08:43
Getting civil servants to look at possible windfall tax on a company transforming into green energy. Tip to Rishi......please ask year1 at our local school to look at it and you will get a better response since they are at school every day not faffing around on their local golf course followed by pub lunch.
RE: Spodumene up every day $150 now $460512 May 2022 08:00
Snowking...it must be great having your head in the clouds dreaming of untold riches but please factor in what the capex might be for a lithium producer in a landlocked country in Africa. AVZ Minerals (ASX:AVZ) in the DRC has completed and published a DFS and the capex is a mere $545 million. Liontown Resources (ASX:LTR) has completed a published a DFS on a very well located lithium mine in Western Australia and their capex is estimated at A$473 million. By the way they have signed two offtake agreements in the last couple of months and have a mere A$ 400 million plus in cash. ! Good luck.
RE: Spodumene up every day $150 now $460512 May 2022 07:41
It will take at least 18 months to build a mine. A pilot plant is just to demonstrate what the end product will be and whether there are any penalties associated with other minerals. Once potential customers for offtake have seen the product then finance for a commercial plant can be negotiated. Not even close to a DFS sign off at the moment. Since you purport to know so much , which firm is going to sign off on the DFS ?
BATS and BP have been stellar performers over the past year or so but do not let holier than thou Sir KS and his sidekick know about it since they will want a special tax . By the way I wonder how much it costs to run the Durham Miners Hall. Perhaps that could be sold off to help those that cannot pay their bills up there ?
This Company has been a lifestyle company for well over 10 years and RY is a lousy Canadian spiv to put it mildly. Have seen him present a couple of times at mining events in London and he was always the least impressive speaker.
"Flocking around the Ethiopian Minister". Really , just about every mining minister from countries in Africa are at this mining conference and bankers will be flocking around all of them. Just waiting to see the HNW's and instos flocking to buy shares in KEFI today and tomorrow after today's presentation.
RE: BP shares scam by telephone ?07 May 2022 08:05
Probably a similar scam that we received from the USA a year or so ago in connection with a VCT that my wife owned in the nineties but sold about 2010. Apparently a fund was wiling to pay well over the odds to gain control of the VCT Fund. Two long phone calls and confidentiality agreement followed. The catch was that we had to pay up front fees $500 for legal fees which we declined. Anybody can obtain shareholder lists from the relevant Share Registrar for a fee and these are used to sell loft insulation etc. etc.
Fevertreeman........he has managed nada since before 2010 except trouser obscene fees. There must be a big hole in the funding since prices for steel , cement etc. will have gone up massively since the DFS capex estimate.
RE: 5 Reasons against windfall tax06 May 2022 17:17
Excellent article but Marxist tendencies still in Labour (remember Sir KR endorsed Jeremy Corbyn as leader ! ) cannot get to grips with the fact that large oilers will make bumper profits when oil price is high and not so good profits when oil price is low. We had a good opportunity to get fracking 15 years ago but had an energy minister who had trouble eating a bacon sandwich and we are now importing LNG from the USA who realised over a decade ago that fracking was good business sense. I think that the Durham Police have received some new evidence in the puce faced, holier than thou Starmer and foul mouthed Angela Rayner Beergate episode.