Member Info for nomlungu

Why this Hydrogen Breakthrough Matters [good video]

https://www.youtube.com/watch?v=m0d6iljzzEI

'farming is non stop 24/7 for sure... Profits small 2'

??????

Unless you grow weeds or mushrooms for 'connoisseurs'? Or organic produce for toffs with double-barrelled names.

Bizarre night-time solar cell generates power in a backwards process

https://newatlas.com/energy/unsw-night-time-solar-thermoradiative/

Makes sense, but generates more power than I would expect.

great footage

Hurricane season is on the way and the Loop Current is abnormally warm... the warmest for this time of year since Hurricane Katrina. And, as busy storm season has been forecast.

https://www.thedailybeast.com/the-loop-current-is-forecasting-a-monster-atlantic-hurricane-season?ref=home?ref=home?ref=home

"This year, the Loop Current looks remarkably similar to the way it did in 2005, the year Hurricane Katrina crossed the Loop Current before devastating New Orleans. Of the 27 named storms that year, seven became major hurricanes. Wilma and Rita also crossed the Loop Current that year and became two of the most intense Atlantic hurricanes on record.

I have been monitoring ocean heat content for more than 30 years as a marine scientist. The conditions I’m seeing in the Gulf in May 2022 are cause for concern. One prominent forecast anticipates 19 tropical storms—32 percent more than average—and nine hurricanes. The Loop Current has the potential to supercharge some of those storms.

Warm ocean water doesn’t necessarily mean more tropical storms. But once tropical storms reach waters that are around 78 F (26 C) or warmer, they can strengthen into hurricanes."

No doubt the UK is reliant on the same supply chain? How dumb have our politicians been if they have become so dependant on China? You know... if they invade Taiwan and we start a trade war then say goodbye to CT scans and die from Cancer...

https://www.bloomberg.com/news/articles/2022-05-17/hospitals-ration-ct-scans-awaiting-dye-from-shanghai-ge-plant

Supply-Chain Financing That Powers Economies Faces New Scrutiny

https://www.bloomberg.com/news/newsletters/2022-05-18/supply-chain-latest-supply-chain-funding-lands-on-regulators-radar-screen

Years - maybe 5 at a guess. They have old data and are going to undertake more drilling and then initial metallurgical test work for a scoping study. But if the resource grows it can quickly become much more valuable even in the ground, a bit like EUA.

As I posted, a gamble with gambling money.

As long as you ignore 'Bloody January'

https://en.wikipedia.org/wiki/2022_Kazakh_unrest

Politics and money - the main part of the economy is exporting oil, partly through Russia. But in the last few years, Kazakhstan has been trying to reduce dependence on oil and diversify the economy. There have also been some recent attempts to improve governance, but they have a dictator for 40 years until 2019 - it is not a place people rush to invest in. But, East Star seem particularly well-connected in the county, so the politics and money seem aligned now.

And demand for rare earth materials has only grown over the last decade as they are needed for magnets in wind turbines and electric cars... both growing markets in desperate need for supplies from non-Chinese sources. So, yes, there is an element of urgency in finding more resources.

But, it is a risky investment, so is from an 'easy-money' account.

evi,

"Nomlungu do you understand all that technical geologic stuff?"

Only partially... my back of a fag packet calculation is the rare earth deposit is worth more than the m/cap of £7m of the company. There is not enough of it available even before any trades wars; the deposit is just a few metres below the surface and is thought to be suitable for a low cost leach plant. So it is a deposit that can be quickly and cheaply exploited. I put a few grand of my gambling pot in with the expectation of being able to take a profit of 40% within 6 months... time will tell.

But it has been an unprofitable week so far, so green lentil lasagna for dinner.

Best line from Starmer so far - comparing double-barrelled frog-face to an 'over grown prefect'.

Shareholders are getting nervous? Not a good sign in a fickle market where some are nursing losses on other shares and markets are turning defensive. Last November, the share price soared in anticipation of a deal. After 2 missed deadlines in December and March, what happens as the next deadline looms as investors weigh up the remaining cash reserves.

At 30 June 2021 the company had £1.24m cash but was losing £125k a month. If that loss has stayed constant and is of a similar cash amount, then 10 months later there is little left. And, the staff do not work for free...

https://www.lse.co.uk/rns/VAL/half-year-report-e5h1zbu3whc0sz3.html

Looks an interesting farm-in, potentially worth multiples of the current m/cap. If China were to invade Taiwan, the value of Rare Earth stocks would jump overnight.

I noticed this RNS from East Star

https://www.lse.co.uk/rns/EST/farm-in-to-iac-heavy-rare-earths-project-z2o3iy2kkm5b47i.html

Looks like they have (a) got a bargain and (b) at some stage rampers might be all over it. Might be worth a small punt? Any thoughts on the company?

And that is a 40 year high

https://www.bloomberg.com/opinion/articles/2022-05-18/cost-of-living-crisis-brits-are-starting-to-feel-everything-get-more-expensive?srnd=premium-europe

Another crime against humanity: 'National Gene Bank of Plants of Ukraine destroyed by the Russian army ????

It kept more than 160 thousand varieties of plant seeds, and hybrids of agricultural crops, including some of those that no longer exist in Europe, and in the entire world./

https://twitter.com/mbk_center/status/1526644809988984833

#nazi_seeds

OB,

Make sure you are resident in the UK for more than 1/2 the year, and you will remain tax resident here. 2 89 day trips would be ideal. But that is likely to affect your access to state health provision in Greece, and you might need to have specialised health insurance. It is another cost you will have to factor in...

Rosindell wanted castration for rapists

https://www.theguardian.com/politics/2001/may/02/uk.conservatives1?CMP=Share_AndroidApp_Other

Hopefully he gets his way

There have been a few politicians who have 'done time' and then campaigned for prison reform. I would expect whoever is the Tory MP accused of rape would also be someone who would never support legalisation of marijuana but will try and explain his misbehaviour on alcohol.

#bigots