Member Info for HKFuey

Taken this from BBC; does anyone know what funding this refers to?
Environmentalists are divided over nuclear, but Tom Greatrex, chief executive of the Nuclear Industry Association said: "This is a big vote of confidence in nuclear and a historic step forward for nuclear investment, with new money for a large-scale project, alongside money for modular reactors to enable future projects."

"We can't get to net zero without investing in new nuclear capacity."

Some good news on disappointing day.

https://www.eastmidlandsbusinesslink.co.uk/mag/manufacturing/rolls-royce-ramps-up-commitment-to-net-zero-aviation/

However, he also made time to mention the Government's overarching aim to leverage £30bn to create the "new green industries of the future". The Budget documents state that priorities for the Treasury this time around have been "investing in strong public services, driving economic growth, leading the transition to net-zero and supporting people and businesses".

Nuclear Energy Financing Bill placed before house for first reading yesterday; huge step for SMR. COP 26 will deal with aviation emissions budget will deal with nuclear. Let's hope funding for new manufacturing site for SMR announced and government supports the first 16 using RAB model. If we get something like this sp should be on the rise.

Joby; America vtol valuation half that of RR and it only has one product. RR evtol probably be superior. RR also got legacy business; world leading nuclear technology; military subs; World beating new engines to run on bio - fuels. If RR was purely American valuation would be so much higher. RR deserves to be valued so much higher

https://www.rolls-royce.com/media/press-releases/2021/09-03-2021-rr-set-to-power-vertical-aerospaces-all-electric-aircraft.aspx

RR is making these. Just one of its many products. RR valuation is so unbelievable low. 10 years of billions RandD all coming good now - surely the price should rocket

https://cleantechnica.com/2021/03/02/joby-aviation-set-to-take-its-evtol-public-in-6-6b-spac-deal/

RAB also be used for SMR; changes to rules about pension funds investments hopefully tomorrow; cherry on cake be a bit of capex to speed up SMR roll out. Budget be most interesting in very long time.

https://www.bbc.co.uk/news/business-59051025

Budget will be great for RR

Here we go; very long climb beginning; will need oxygen masks; I hope

Pretty sure we will bottom on 27 Oct. Think steady climb as markets start to see the real impact RR will have into the future. Old business will return; but the expansion plans will recieve the focus they deserve. I'm exceptionally long and looking to eventually good dividends.

RAB been under consultation for long period. 27 Oct hopefully gov confirm it will legislat on this immediately. Combined with changes to pension funds rules billions will be unlocked for SMR. Pension funds guaranteed income from start of project; not completion of project. Fiduciary obligations will be met by changes. Gov already put in money to develop SMR; SMR been around for years of development; funding changes now coming. 2035 non fossil fuel grid only possible through nuclear base load. Gov has indicated wants SMR operating before 2030 so legislation and sites should be identified rapidly and procedural matters fast tracked(additional gov funds? Not really needed). Anglesey will be first in UK.

What a terrible week. Next week should be much better with new funding models for SMR. I believe SMR will happen faster than 2030 due to additional gov investment to secure 2035 none fossil fuel electricity grid. Johnson can't wait as he must start delivering on levelling up before next election; without keeping new seats up north and in midlands seats he's toast. RR and proposed sites for SMR deliver on levelling up and 2035. Truly believe that after 27 Oct SP will be climbing steadily higher. Energy costs along with general rising costs will become a key election issue; the tories are not stupid; they will act not just out of political expediency but also because its the rational strategy which civil service will be pushing.

https://www.autoevolution.com/news/rolls-royce-aims-to-electrify-the-indian-navy-future-warships-172229.html

The geo-political situation with China has brought a great potential extra military deals from Australia to he Indian Navy which has to update and expand its navy to container China. Rolls Royce is demonstrating its technology to Indian Navy. 16 SMR sites should be identified by UK gov soon and roll out of SMR schedule brought forward at gov behest. World leading engines leading in net zero aviation. SMR linked in to produce zero emissions hydrogen. Electric vertical and take off aircraft. Whole new department for space. RR SP is only going in one direction over medium to long term. I still hold 27 Oct will lead to bounce. Day to day is irrelevant to me

0.21 EUR -43.74 (-99.53%)past 5 years. 0.21 wildcard today; about 0.60 when genius Trevor said buy. This guy is a loser

Post below from Trevor. Think he meant wirecard!!! Look at that stock. This guy is losing massive on his short. RR is a great hold; ignore this idiot

Not opening04 Nov 2020 09:20
I wouldn’t buy rolls Royce if they was the last shares on The market rather buy wire care more chance of making some actual money rolls at best will drip feed up take around 5 years to get back to 300-350 wow amazing investment that is when you could buy say nio which will 10x in about a year hmmm no brainer for me leave rolls where it belongs dead people are buying it because they are probably old ****** brits who think we need to buy British industries regardless of how rubbish they are or how much debt / money there loosing rolls is loosing millions by the week you think there little bail out will last long couple months at best and no way will all this be over by then wake up

Damp right Rodney; SMR is fundamental part of Bojo 2035 commitment. Huge private sector funding will get behind this; 27 Oct be very interesting

This could be a great contract

https://www.rolls-royce.com/media/press-releases/2021/20-10-2021-rr-keen-to-partner-the-indian-navys-electrification-journey-for-its-fleet-of-the-future.aspx

Do you still ride a horse and carriage or have you switched to a horseless carriage yet?