Member Info for Numptypi

In essence, the costs have reduced, the recovery rates have gone up, the size of the asset has increased, the risks have come down, the value per tonne has increased, our bargaining position continues to improve plus a new resource is soon to be announced ...what’s not to like!

Numpty pi

Cost of mine was $33 million +/- 30% from the ss , Npv was $110Million at the time, but we have numerous updates since then that haven’t been included, not limited to but including ...no25 drill, increased inferred asset, first indicated asset, greater understanding of mets, greater understanding of deleterious substances, increased value of metals, greater understanding of recovery rates, increasing political will to retain control of supply chains...not to mention copper at depth and near surface which may or may not be the rns reference this morning.

Numpty pi

Jedster, if you are 6 foot under, any chance that you can report back on any precious metals that you find...Especially copper as we already know it’s near surface...

Local employment back to pre Covid levels which is great, tunnelling was 4.5 miles on 30-07-20 which is fantastic, but my thoughts on the performance related bonus payments are not printable!

https://www.gazettelive.co.uk/news/teesside-news/more-jobs-way-covid-fails-18686465

Great find Brickssa
https://ec.europa.eu/programmes/horizon2020/en/what-horizon-2020

Rocket, you’re quite correct, Lewbo has a fantastic chart which lists all of our combined research. I believe that it’s being updated, It’s quite a revelation to new investors to discover just who we are linked with.

Numpty pi

With news that the American moving forward act is off to the senate, and the EU has already sanctioned the new regulations, our truck and van markets are both changing and expanding...
Wikipedia say there are around 75 truck manufacturers in the USA and around 200 in Europe. With many of these OEMs needing to comply but only having modest or very modest production numbers, there’s likely to be little interest in bespoke designs for the majority, and an opportunity for our existing tech.
I wonder how these changes have changes have affected the company prospects since CMD.
Thoughts welcome.

https://en.wikipedia.org/wiki/List_of_truck_manufacturers

Wilson 63, I’m not sure your figures are correct... if Tesla only made $1.1 Billion yesterday then they could surely have only bought half of us!

Hyundai said the advanced adaptive cruise control would be part of a “Level 2.5 self-driving” system also involving Hyundai’s automatic lane-centering system (Highway Driving Assist) with “automatic lane change assist.” This appears to be another example of a system like Tesla’s Autopilot adopted by a mainstream automaker. Hyundai provided little additional information on that system. Interestingly, images accompanying the Smart Cruise Control-ML news release show a motorist without her hands on the steering wheel. This seems to suggest a hands-free-but-eyes-on system like Cadillac’s Super Cruise. That technology requires the driver to keep monitoring the road at all time, but they’re allowed to remove their hands from the wheel and let the car handle the vehicle operation.

https://www.repairerdrivennews.com/2019/10/21/hyundai-new-ai-adjusts-adaptive-cruise-control-based-on-drivers-prior-behavior/

Next stop the senate...
In 2019, the auto industry in the United States sold approximately 17 million light vehicle units. This figure includes retail sales of about 4.7 million autos and more than 12.2 million light truck units.

https://www.statista.com/statistics/199983/us-vehicle-sales-since-1951/

DR777, I agree that it’s a longer term benefit with regards to the Honda-GM news, typically around 3years. Don’t forget however that news broke in April and could have been shrouded In secrecy for quite some considerable time prior to that. Furthermore super Cruise has already been designed and proven which must further shorten our timescale.

Sirius Minerals inquiry call as mayoral candidate wants 'local investigation into this debacle'

https://www.gazettelive.co.uk/news/teesside-news/sirius-minerals-inquiry-call-mayoral-18533163
This Simply isn’t going away...

Big bucks 7, ordinarily I would resist mentioning other companies since it’s off topic, but In order to reply to your post ...
Have a look at seeing machines (see) for some weekend research. Recent EU regulations, and pressure from Euro ncap, Australian ncap, the UN and America’s ntsb is creating a very promising future.

April 2nd quote from Beefcakes link,
The companies say that the vehicles will be developed together, but Honda will use “unique interior and exterior designs.” The models may also have different interfaces and different driving characteristics.

The companies also announced that Honda would adopt GM's driver-assistant features called Super Cruise, although Honda won't use the same name.

For me to say Great find Chris doesn’t really do that post justice, it’s fabulous news and I will shortly be raising a glass in recognition

Numpty

Following terrym post...
Progress, but we’re not out of the woods yet.

“Due to the most recent data on the COVID-19 outbreak, the Bargaining Committee has asked General Motors to shut down Arlington Assembly until the curve is flattened,” read a statement posted on the web site of UAW Local 276. “Although General Motors has put safeguards in place, the Center for Disease Control has repeatedly said that the only true way to stop the spread of this virus is to stay at home.

General Motors previously shut down production nationwide for eight weeks alongside fellow Michigan carmakers Fiat Chrysler Automobiles and Ford Motor Co. All three companies resumed production May 18, and according to the Detroit Times, both FCA and Ford have since ramped production back up to pre-pandemic levels. General Motors is currently in the process of returning to full production speeds.
https://www.industryweek.com/operations/safety/article/21980863/i-just-drove-8-hours-on-tesla-autopilot-and-lived

Numpty pi

Terrym another great post, it’s important to be reminded why we are all here, well done and thank you.

Numpty pi

Simulators are hot property at the moment. The large four engine aircraft such as the 747 and A380 are being taken out of service early, Covid has hastened their demise. The flight deck crews of all these aircraft are being retrained In simulators for the more fuel efficient twin engine designs. This is described as pilot proficiency.
The currency of pilots however refers to maintaining your flying skills in an aircraft you are proficient with. Three landings per 90 days is the minimum requirement for any pilot carrying passengers, however 3 flights per month is generally the accepted minimum to maintain skills, and more for junior crews. With so many aircraft mothballed, crew currency is very much an issue to be addressed with simulators
The fallout from Covid has certainly raised a great deal of questions in the aviation industry, but increasing use of simulators would appear to a given.
With the benefit of our tech now fully appreciated all we need is a contract...

Numpty pi

I might be wrong, and it wouldn’t be the first time...
The parts of the project that are continuing to progress positively are all broadly task based, ie a series of jobs undertaken or managed mainly by the ‘back room staff’. A brief inspection of past rns will list in detail this extremely impressive and comprehensive achievement.
The parts of the project that imo are holding up our progress are all exec based, like a decision on future funding, clarity on the intentions of the company moving forward, Management of existing shareholder interests et al.
At some stage we need to be asking some difficult questions, and I suspect the timeline is now approaching quite quickly.
Whilst I am not calling for anybody to lose their position, something very clearly does needs to change. Comments welcomed.

Web, if a sportsman trains six hours a day for ten years and then wins in a competition you can hardly call it luck. See have invested in the region of 21 years Of hard graft and 100 million dollars in order to be the undisputed number one, ie the one to beat. When we do achieve it will be a well earned win.