Member Info for joebop

Also, the power station was written down to ZERO by the ESB last year.

https://www.independent.ie/business/irish/1-2bn-esb-coal-power-station-now-worthless-36722840.html

Wow, you really are something else.

Do you not know the difference between Maximum output and ACTUAL? Do you live in the real world at all? Do you ever step away from your computer?

I told you twice where that information was available, as i suspected, you either haven't the capability to put 2 and 2 together and look for it, or else you just don't listen.

So, here you go.

http://smartgriddashboard.eirgrid.com/#roi/generation?scroll=fuel

I even clicked on the RoI only tab, lest you get confused by the All Island numbers. Wouldn't want that now.

Here is the data, in case you cannot read and click on the link, or read a pie chart. These things can be confusing with all their bright colours, arrows and numbers.

Currently coal as a percentage of power source is at 4.27%, for the week it is at 1.44%, and for the month it is now sitting at 0.39%.

I had better explain that this is updated every few minutes, and due to the rolling of the monthly figures, the figure i posted last night is now slightly different.

Are we done with your BS now??

PS I never said anyone else was a sucker for spin. Just you. And you have so willingly shown us all the ignoramus that you are.

0.21% of the country's power came from coal over the past MONTH.

That's ZERO point two one.

I rest my case on that topic.

When corrib was being protested I was actually working on a coal mine. Geology is my game. But those boys had a valid concern re the pipeline. Shell messed up. And why would one trust shell to sea? They have their own agenda. Classic situation for spin.

You might want to re read the actual time line of those dividends versus what you wrote. You were wrong. End of story.

My point is you're a sucker for spin. You keep trotting out these absolutely appalling articles to support your viewpoint.

You have zero objectivity and lap up everything you read in the press.

As for my "expert" in moneypoint, well i never called him an expert. He is an engineer however, maintenance dept, with a set of fully functioning eyeballs in his head. I am more inclined to take his viewpoint, and that of others, who state the place is in a state of dilapidation and not fit for purpose. Like i said, you can check this out on the eirgrid site, and see for yourself how often the plant is down for maintenance.

Your corrib financials are idiotic and misleading, to be expected of course. Vermillon last CPR (Dec 18) gave Proven at 13 million barrels, another 7 million probabe, for 20 million. They've since extracted 10% of the 20 million. So about 5 years left unless they drill more wells, which they have no plans on doing anytime soon, so their E&D budget tells me.

Q4 18 production of 8672 boe/d. Q3 19 production of 7202 boe/d. They lost around 700 barrels due to downtime.

I live on the West coast, funny you should mention it. Everybody i know uses a combination of oil central heating and stoves/fires for heating. Some of the townies are fortunate to have gas. The 2 bar electric heater is a relic of the past.

Anyway, all you rant does is prove that you never listen or take on board what you read if it doesn't suit your agenda. My statement on moneypoint was never to do with going green, just that it is falling down and wont make 2025 with any meaningful electrical output.

Have a good day.

Hi booboo. Points 2 and 3 were just some popular culture references or urban slang.

Point 1 - well, it's a case of "I scratch your back, you scratch mine.". There are hidden benefits. Some might use the term "circle jerk"

Hawaii, Lindy has proven he's not the best at picking small cap equities. Topham appears to be a property agent / used car salesman. He has more liquidated companies than Bell could ever dream of.

Colin - indeed he is. So helpful in fact, that he still permits red rock to be a listed company today.

"I wouldn't trust them to run a tap never mind run a mine."

That's brilliant. I always appreciate your analysis TDT

"the explorer, Providence Resources, says the well could have a total capacity of one billion barrels."

They then went on to multiply one billion barrels x $107 for a total value of $107bn/ €81bn at the time.

Now I know why you quote that source manyana, it's more cloud cuckoo stuff.

The growth prospects are absolutely tantalising for sure

Hahaha you really are a sucker for spin aren't you!!!

If word of mouth from someone on the ground isn't good enough for you, there is a website where you can keep tabs on the sources of power generation in Ireland.

This site provides cold hard factual information, updated constantly, with no biased spin, hence you probably won't believe it.

As I type this, coal generation is at 3.09%.

But you can still go with your 25% from money point up until 2025!

Moneypoint will be lucky to last another two years. It is offline more often than not. Falling apart and hardly fit for purpose. It cannot be converted, a new complex will be required if they decide to burn gas. This is from the mouth of a worker I spoke to last week. There's less than one hundred employed there now...

There is no planning or designs in the pipeline for a new gas power station on site either. Although there is a small wind farm there which they might be able to add on to.

Re a new power station on site, or lack of, I wouldn't say it has anything to do with a green agenda, and more due to the fact the state has been broke for more than a decade and counting.

Manyana, your beliefs have put a hole in your pocket deeper than any well drilled in barryroe to date.

Instead of blindly believing, why don't you look at all the information to hand, and try be a small bit objective? Just a tiny bit.

On your first point, I'll go with tax dodge, aka, tax planning.

Point 2 and £1m. Rofl. Johnson was selling down when ramping. Pearce got Braped alright (like phrape, when someone steals tour phone and posts online, but give a guess what the B stands for)

Point 3. Rofl times 1000 Gary. That's some Team America worthy comedy there.

Iirc, topham and lundy bought their stake directly off YA /RGO, off market.

A case of I scratch your back, you scratch mine etc. YA can't convert the cln or they'll end up taking control. RGM don't have any cash to pay the loan. They needed to offload.

You might know lundy from the red rock board. He's a very helpful individual, ramping away for Andrew continuously.

Pearce believed the coal hype and got suckered in then. He's on the niave side.

Johnson is a lying market abuser. He built up a stake when the company was on its knees pre coal, and was trying to take the motzfeldt asset private, basically for free.

Funnily enough, once Johnson's warrants never reached their exercise price, and he would have had to fork out his own hard cash for motzfeldt, he walked away from the deal.

"Joe If the barryroe Licence terms among the most favorable on the planet why is there no one taking the door off at pvr headquarters in the rush to sign a deal"

Use your head and draw that out to the logical conclusion.

The data room was open for years. Everyone had a peek. Competent companies like Total preferred to spend on a wild cat 220km off the west coast instead. (€28m was it?) After years of looking for a jv, all they got was a Chinese shadow entity, who are so murky that they can't even get a few million quid out of the country, presumably due to money laundering rules.

Did you ever see a car advertised for sale, lovely pictures, low mileage, new tyres, nice wax job etc, then you look under the hood, and are forced to walk away???

Ps, the Green party were propping up a coalition government when the Corrib terminal was approved!! Smoke and mirrors.

Ranger, with all due respect, that post was a load of tripe.

The Irish government granted the licences with some of the most favourable terms on the planet.

The ball was on Providence's court. ToR and the company made a mess of it. Not the government(s).

As for the "green vote", in the local elections a few months back, the green party got 5.5% of the first preference vote, but only 4.7% of the seats. The recent carbon tax increase was a money grab, not an environmental effort. But it appeased the greens. Smoke and mirrors mate.

By some accounts there was a bit of interest at the booth at the recent PDAC conference in toronto....however, there is also a possibility that this was due to the treats/swag on offer at the time!

40% royalties or F off

https://www.reuters.com/article/us-papua-gold-newcrest/png-demands-wafi-golpu-gold-stays-in-country-urges-newcrest-harmony-talks-idUSKCN1VY05B

In for the long haul? Where is their TR-1!?

With all due respect......Cop on a small bit.

Hey Ken, how you keeping?

A shovel ready gold project, RTO and share consolidation is what's needed in my view. Along with the right expertise on the BOD. Thor have way too many pokers in the fire to keep raising piddly amounts every few months.

I can't see the market signing on for more of the same if its a greenfields exploration project vended in. The TVR would be insane by the time any new project even gets to a scoping study.

But, who knows!

"10 bagger 15 Aug 2019 08:39

With a mcap of only £6m this could easily 10 bag here...EASILY! "

This was your third post on Thor. Your first being some rant about shorters.

Rofl. Busted. Spiv locked in.