Member Info for mystic

Trev: nobody tried to belittle you.. no need.. you did an exceptional job of completing that task without input from anyone on here! Oh .. and before you start.. I’ll be topping up today! Just sayin!

https://simpleflying.com/rolls-royce-trent-1000-saf-boeing-747/

Here’s hoping!

https://www.express.co.uk/news/science/1507881/brexit-britain-rolls-royce-nuclear-power-boris-johnson-cop26-climate-change

One of the main reasons UK Gov back RR Nuclear Power in the UK! They should never sub contact energy needs imho

LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin (PH.N) of its British rival Meggitt (MGGT.L), citing national security grounds

Red inky; behave!

Bought more at 1.43

https://investorplace.com/2021/10/the-top-5-penny-stocks-to-buy-heading-into-the-holidays-arec-ship-ipdn-rycey-petz/

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https://www.ft.com/content/e6426194-21e6-49c4-9520-97c337b350fd

In north Wales, US nuclear company Westinghouse is planning to revive plans for a nuclear power plant at Wylfa that was abandoned by Japan’s Hitachi in 2019.

Ministers are also backing smaller modular reactors (SMRs) which are being developed by a consortium led by Rolls-Royce. Supporters of SMRs say these could be built in factories and have lower costs and risks than large atomic plants.

SMRs were also a key part of French president Emmanuel Macron’s €30bn investment plan announced earlier this week to boost his country’s green and high-tech industries

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https://www.ft.com/content/e6426194-21e6-49c4-9520-97c337b350fd

Prime Minister Boris Johnson was expected to give the go-ahead to the strategy documents at a cabinet “away day” in the West Country on Friday.

The creation of a “regulated asset base” (RAB) model will be key to delivering a future fleet of large atomic power stations. The RAB funding model is already used for other infrastructure projects, such as London’s Thames Tideway super sewer.

Under the scheme, households will be charged for the cost of the plant via an energy levy long before it begins generating electricity, which could take a decade or more from when the final investment decision is taken.

The mechanism is designed to encourage investment by institutional investors, such as pension funds, by guaranteeing steady returns from early on. Legislation on the nuclear RAB model will be published later this month.

However, opponents of the model argue that consumers could be hit with cost of construction overrunning. French utility EDF plans to use an RAB model to finance a new 3.2 gigawatt plant at Sizewell B in Suffolk, South East England.

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https://www.ft.com/content/e6426194-21e6-49c4-9520-97c337b350fd

UK ministers will put nuclear power at the heart of Britain’s strategy to reach net zero carbon emissions by 2050 in government documents expected as early as next week, alongside fresh details of its funding model.

Kwasi Kwarteng, business secretary, is to unveil an overarching “Net Zero Strategy” paper as soon as Monday, along with a “Heat and Building Strategy” and a Treasury assessment of the cost of reaching the 2050 goal.

The main strategy will have a heavy focus on Britain’s slow-moving and long-awaited nuclear power programme. The country’s existing reactors are due to be retired by 2035, with construction on just one large plant, Hinkley Point C, already under way

https://www.ft.com/content/e6426194-21e6-49c4-9520-97c337b350fd

Re Trevor and Retirment: hope they aren’t suffering too much.. NOT!!! These “know it all’s” deserve everything coming their way!!

This is fantastic news!!!!

Holding up well in the US!

Definitely exciting times ahead imho!

It was 60,000 in total

Interesting timing to inform the market… 4.13pm!!!

https://www.lse.co.uk/rns/RR./directorpdmr-shareholding-5700pzd3w8vg6ic.html

Yep! People dont want to caught out with news over the weekend! Imho