Member Info for Dalester

I have watched the Seba video a couple of times, fascinating stuff. Self-driving electric cars are not just disruptive in the auto industry, they will cause massive disruption in all manner of other industries, including the oil industry with the promise of $20-25 oil and the collapse of expensive oil fields. Millions of driving jobs are threatened, car manufacturing will become virtually robotic, car servicing will disappear, farming will become automated as will deliveries of all sizes. Car parks will disappear, traffic will be a minor percentage of todays levels. Essentially any job you can think of connected with transport will either change dramatically or disappear altogether and Seba reckons this will be fait accomplis by 2030! All this and then add into the mix the recycling of car batteries for use in households and suddenly the national requirement for huge power stations starts to disappear, solar panels become ubiquitous and graphene enables them to produce more power and perhaps even in the rain! From this it follows that electricity gets cheaper, gas is hardly needed and as a consequence individuals have more to spend.
All of this requires Government to make huge decisions about population and what to do with millions of people who may well become unemployed. Its hard to see what low skill industries will replace those that will be lost and that will be the real challenge, rising population and falling need for low skilled workers is a toxic mix.

Afternoon all, I am a reader rather than a writer. I have been wondering if some people have pulled out from here to go to SOLG? I guess if you are invested in IRR it would be difficult to ignore the SOLG news this week. I have to admit I bought a few SOLG towards the end of last week but didn't feel the need to sell any here but I guess there are people who are fed up with the wait for a serious re-rate here who must have given in to the temptation. I cant time buys and sells for toffee so I just invest less and hold longer One day Rodney, one day.

I would have thouht it might be highly appropriate for a discussion about Brexit on a shares discussion site. If the UK has such huge disparity of wealth and savings, it explains a great deal about the economic and political situation we find ourselves in. 16m adults have less than £100 of savings, thats one in four of the whole population, the economic effect of that can be seen in the high street every day, closed shops, bankrupcies, falling footfall. Societally, the divisions between have and have not grow wider daily as more people drop into the lower categories of pay. Ultimately all UK businesses will suffer if these problems dont get solved quickly, I invested here as I believe that disruptive technologies will play a huge part in turning UK Plc. Into a thriving economy with rising wealth and civic wellbeing, I am pleased the Government is helping VRS but there must be thousands of businesses that could be improved and helped to become even more successful . Success for VRS could provide a blueprint for positive UK Government help instead of often unhelpful interference at the behest of EU rules and regulations about who and what can be supported.

Links to savings info: https://www.bbc.co.uk/news/business-37504449
http://www.thisismoney.co.uk/money/article-4234518/Savings-inequality-rise-gap-grows-25.html

I would have thouht it might be highly appropriate for a discussion about Brexit on a shares discussion site. If the UK has such huge disparity of wealth and savings, it explains a great deal about the economic and political situation we find ourselves in. 16m adults have less than £100 of savings, thats one in four of the whole population, the economic effect of that can be seen in the high street every day, closed shops, bankrupcies, falling footfall. Societally, the divisions between have and have not grow wider daily as more people drop into the lower categories of pay. Ultimately all UK businesses will suffer if these problems dont get solved quickly, I invested here as I believe that disruptive technologies will play a huge part in turning UK Plc. Into a thriving economy with rising wealth and civic wellbeing, I am pleased the Government is helping VRS but there must be thousands of businesses that could be improved and helped to become even more successful . Success for VRS could provide a blueprint for positive UK Government help instead of often unhelpful interference at the behest of EU rules and regulations about who and what can be supported.

Links to savings info: https://www.bbc.co.uk/news/business-37504449
http://www.thisismoney.co.uk/money/article-4234518/Savings-inequality-rise-gap-grows-25.html

I heard what I thought was an interesting statistic the other day, and which probably explains a lot. Apparently 50% of UK households have less then £400 in savings. Now you know why the high street is ruined, why the North is desperate and why politicians are utterly clueless about what the solution might be. Far too much houshold income is going on phones, expensive loans, broadband, TV and especially car loans which amount to £35 Bn of debt.

Whats the deal with all these auto trades? I thought they had stopped but they are back today like wasps at a barbecue

I'm sure you are correct, as you say more people in the world get the benefit of healthcare, the detection of cancers will increase and the need for treatments will grow as will the ability to pay for those treatments, The Indian middle class is now 160m? and growing as is the Chinese. The number of places that Scancell products will be used is growing rapidly and as we know, Lindy is on a mission to cure all cancers (200+?) even a tenth of that number would be huge in monetary and human terms If it were possible to fast forward 10 years we would be looking back at 2018 and thinking how low our estimates of the value of the company were. This is a share to buy for your kids and grandkids, I believe in time it will pay for their education, marriages, and houses and probably finance their early retirements. I have a 95-year old friend whose husband bought ICI shares donkey years ago and she continues to live handsomely on the proceeds. Wouldn't it be amazing if Scancell could do that for us?

I was just rummaging around the Cancer UK site (as you do) and spotted these little nuggets of information in their statistics section: "It is predicted there will be 23.6 million new cancer cases worldwide each year by 2030, if recent trends in incidence of major cancers and population growth are seen globally in the future. This is 68% more cases than in 2012, with slightly larger growth in low and medium human development index (HDI) countries (66% more cases in 2030 than 2012) than in high and very high HDI countries (56% more cases in 2030 than 2012)." "Almost half of all cancer deaths are lung, bowel, breast or prostate cancer, 2016, UK" "Cancer causes more than one in four of all deaths, 2016, UK (28%)" It's clear that Scancell is operating in a growing market, something I think we do not often bear in mind when we discuss future values of this company.

There is a deplorable piece in the MoS today about an Italian company that has apparently outstripped all UK companies in the race to develop Graphene for use in fireproof clothing for firefighters and the potential to spray as ink to create clothing that dissipates heat. No mention by name of a single UK company just a toxic piece about how the UK has squandered the developments that the University of Manchester initiated. There are times when I hate the MoS, its lack of support for UK companies and the country in general, is verging on traitorous. Seems like these so-called "Journalists" revel in finding fault with UK projects and refuse to publicise good news if there is a way of turning it round to look like another UK failure. Probably as a result of Brexit!

http://www.alphr.com/science/1009152/graphene-breakthrough-light-atom-thick

From RT - this could get interesting: "On Friday, Russian lawmakers drafted a bill under which the country may ban exports of titanium components to US aircraft manufacturer Boeing. VSMPO-Avisma is a monopolist in the Russian titanium industry, and produces a third of the world's titanium for the aircraft industry. It delivers 70 percent of its products to the global market. "Violation of cooperation ties, and failure to carry out business obligations can for a long time, if not for ever, take our company out of the dynamically developing titanium market. In addition, 20,000 jobs in the Urals region will be at risk. Therefore, we hope for wisdom and foresight from Russian lawmakers,� VSMPO-Avisma told TASS news agency. According to VSMPO-Avisma, a possible ban on exports could negatively affect the Russian titanium industry and the economy of the country as a whole. The company is a key supplier of titanium to Boeing, and the companies have a joint enterprise in Urals. The Russian corporation provides 40 percent of titanium components for Boeing and 60 percent for Airbus, and covers all titanium components for Brazil's Embraer. Russian presidential spokesman Dmitry Peskov said the Kremlin will analyze the bill, but no decision has been made yet"

Au Contraire, 500 grams (half a Kilo) of Nanene is worth about �200k if the �400 per gran quoted by NR is accurate. A Kilo would be �400K and a Tonne �400M It's not hard to imagine several of the companies currently testing Nanene will need substantial amounts when they find beneficial uses for it. Yes prices will fall but they can fall a long way from �400m a tonne and still be hugely profitable with a projected market of 54,000 tonnes a year by 2024

From Cycling Weekly March 2016 but interesting turn around for Continental perhaps: Graphene was first isolated in 2004, and companies began to heavily invest in its commercial applications after 2010 when Andre Geim and Konstantin Novoselov of the University of Manchester won the Nobel Prize in Physics for its creation. It is said to be 100 times stronger than the highest quality steel while remaining six times as flexible, and it conducts electricity like copper. Graphene is already widely used for electronics components such as semiconductors. Vittoria is the only company currently manufacturing graphene tires on a large scale, and they are the ones providing the information about the graphene-enhanced rubber compound. Other major bike tire companies have experimented with graphene, but believe that other materials are better. For instance, the head of bicycle tire product development at Continental, Christian Wurmb�ck, told Cycling Weekly that a carbon powder compound called Carbon Black is superior to graphene in tire manufacturing. In the past we did some trials with graphene in the casing and tread of our tires. However, although the directionality of the compound brought some benefits to the casing, the development of our Carbon Black compounds is at a higher level, so there was no need to jump back on graphene. Maybe so, but graphene could have many applications in bicycle design beyond tires. Vittoria has also added graphene to the carbon fiber in its rims, and engineers are looking for ways to incorporate the material into frames. Some even speculate that graphene could be woven into textiles to make smart clothing, for cyclists and for everyone else." Source: Cycling Weekly

Don't know what others think, but I think some sort of update is long overdue, even a shareholders newsletter would help to give LTHs a bit more confidence that their fortitude is not misplaced. This slow decline is most disappointing and probably worse that it would have been had the information flow been better over the last quarter.

According to NR in the innovationsintextiles article linked below, a half gram of Nanene is worth �200. So a gram is �400 and there are 1m grams in a tonne which gives �400m per tonne. The article says the estimated market is 54,000 tonnes (I have used metric tonne for consistency) by 2024 which, if my maths is correct, gives an annual market value of �21,600,000,000,000.... �21 Trillion!!!!???? Holy shooot they would need 2,052,000,000 barrels just to ship it all in.

Is it something to do with the market cap creeping over �100m ?

I bought in here in 2013 at 9.75p - how stupid was that. Every time I have thought of ditching these shares, there has been a shaft of light that made me pause. But I am now at the extent of my patience, every time this company has an interesting prospect, they seem to sell it off or abandon it. Delaying Holmwood to H2 2018 is just about the final straw and if confirmed I will sell and bite the bullet on the losses. Taking six weeks to write and deliver a letter is a scandal but seems to be about par for this company's attitude to this critical drill. In 5 years the only tangible has been the halving of production, everything else has been "jam tomorrow".

I did wonder if the Motif situation was more to do with AMPs court case with Datatern than with anything to do with Motif. It would seem that the court case has gone away but killing off AMP would ensure it never returns at some point in the future.

I took a chunk of profit off the table this morning but I am holding some more cash in reserve in case this starts to motor again soon. I think a lot of PIs want to see some sort of monetisation of one of the prospects just to prove up the idea of a resource bank and to put enough in the money bank to get some projects nearer to production.

Transparency key to maintaining trust in planning decisions http://www.lgo.org.uk/information-centre/news/2016/feb/transparency-key-to-maintaining-trust-in-planning-decisions Transparency key to maintaining trust in planning decisions Planning committees should record the reasons for their decisions clearly and this is particularly important when they make decisions that conflict with officers' recommendations, the Local Government Ombudsman (LGO) has said. The Ombudsman is warning that decision making should be as open and transparent as possible, particularly in the face of public opposition.