Member Info for observer842

Indeed MLQ!

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Vessel Type - Detailed: Ore Carrier
]===

One to watch!!!

repossess! I thought it felt short on s's but no red squiggles said otherwise! LoL.

@Cause - I personally don't think we should sell the Yangibana JV's with the project apparently so close to getting the green light. At that point my understanding is that unless we strike a processing deal or something similar, we'll be liable for our share of the CapEx. At that point NPV's start to get real, and we'll either look to raise funds off the back of these valuations to meet our obligations, or sell to the highest bidder, which may be HAS themselves. @Dallas probably knows what I'm talking about regarding a "processing deal" as something similar was mooted for the Sonora JV's, which is still in the air as far as I know.

I'll let others answer the CLN question. My opinion of the holders is that they are "friendlies". But as you probably know, when it comes to lending money, everyone's a friend until you can't pay, and they reposes!

Ob.

Indeed @Daceon - this share has got multi-bag written all over it, especially so now the threat of the CLN overhang, which "some" (LoL!) really disliked has pretty much gone now. :-)

Don't forget BCN JV's could come into play sooner than anticipated if BCN announce expansion plans, which they have hinted at on multiple occasions. Yangibana JV could be sold as it becomes more valuable (they have a market halt for a capital raise - size unknown, could be a keep the lights on/further exploration, but could be part CapEx to commence construction). EMH holding unlikely to be sold down further, perhaps even increased if Amapa comes good and they haven't re-rated in the meantime. Lot's to look forward to!

Fingers crossed for (good!) Amapa news this week!

Is LSE playing up again? Anyway, @Bannor. I've got to deem someone both disruptive AND an idiot. You're certainly not an idiot, and your barely disruptive. So the bin's not for you, and I doubt ever will be! :-)

You have to be both disruptive *and* an idiot.

I've done a @jimb on those which are disruptive idiots, so I wouldn't know... My eyes can only take in so many words in a day -might as well make them good ones!

I know! I know! ;-)

Indeed @Bannor. The way NdPr prices are increasing (for various reasons!) the project could be valued at over £1B, valuing our holding (in my eyes) circa £50m. :-)

Certainly more likely when the largest shareholder implied on Friday their intention to stop selling...

"Placing to Raise £1.25 million" (21st Aug 2020)
https://www.lse.co.uk/rns/KDNC/placing-to-raise-163125-million-tznq1rrur2rtp8r.html
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Cadence intends to use the net proceeds of the Placing for general working capital and to provide flexibility to the Company to repay loan notes from cash reserves rather than from its holdings in quoted investments.
]===

(for gas)

I know @Phimx - but that 98% one is a gas condensing boiler! Crazy efficiency.

I was looking up the definition as I was amazed to see you can buy a boiler with up to 98% gross efficiency!

"Vitodens 200-W Commercial"
https://www.viessmann.co.uk/products/gas-boilers/gas-condensing-boilers/vitodens/vitodens-200-w-commercial

Something to watch out for!

"High Efficiency Gas and Oil Boilers - what gross and net efficiency mean"
http://www.lovekin.net/boiler-efficiency-gross-and-net.html

Wouldn't surprise me to learn we've been quoting net efficiency of 92% all along, which according to that page would translate to 82.9% (divide by 1.11 for natural gas). Sigh. Any evidence for this?

@Phimx. You might find this quote interesting:

"Experimental and Theoretical Analysis of the Performance of Micro Co-Generation Systems Based on Various Technologies" (2015)
http://nrl.northumbria.ac.uk/id/eprint/23583/1/gkounis.georgios_phd.pdf
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The Disenco mCHP unit (see Figure 2.12) is based on a beta type kinematic design Stirling engine. The design features air-preheater and finned tube heater head both of which contribute to the high efficiency. The unit is characterised by modulation capabilities and output varies in range of 0.5-3 kWe and 12-17.4 kWth
]===

I stumbled across this while researching the record Stirling conversion efficiency (seems to be 32% in 2015) and system efficiency (I'm still looking!)

@Phimx. You asked who Ocean Power Corporation are the other day. Answers found here:

"Stirling Engine Assessment" (October 2002)
https://www.engr.colostate.edu/~marchese/mech337-10/epri.pdf
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Sigma Elektroteknisk is a wholly owned subsidiary of Ocean Power Corporation. Sigma has developed a single-cylinder kinematic Stirling engine called the Personal Combustion Powerplant (PCP™) that produces 3 kWe and 9 kWth.
]===

The tech then went to Disenco. I knew this. I forgot this...

It certainly has been a long journey! Paul Booker says it best: "The journey with Inspirit has not been as straight forward as we would have liked, but we have learned so much and developed a technology which has many diverse applications. Its core attributes are that it can run on many different fuel types and be incorporated into a variety of applications and industries"

Ob.

Thanks @Phimx. If you haven't seen it already, you might find this interesting as they had exactly the same thoughts as you in the admission document. Of course it's improved in various ways in the 7 years since this announcement as we have discussed.

"KleenAir Systems International Plc" (23 July 2013)
https://www.investegate.co.uk/ArticlePrint.aspx?id=201307231616439799J
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Inspirit is currently focusing its development of the Appliance with a view to supplying the commercial (rather than residential) market as it believes that (i) commercial users (e.g. fast food restaurants, nursing homes, gyms and swimming pools, etc.) of boilers have higher thermal consumption than domestic customers thus shortening the payback of an investment in the appliance; (ii) many commercial user premises have multiple boiler installations, the Directors believe that this will make the decision to replace one of the boilers with an Appliance less risky and hence more likely to be implemented by early adopters; (iii) noise emissions are usually less of a consideration in a commercial installation environment where the appliances are often installed in a separate boiler room; and (iv) whilst the Appliance is approximately the size of a large washing machine, size and weight considerations are less of an issue in a commercial application environment compared to the domestic market which is dominated by wall mounted boilers.

The Directors believe there may be potential to produce a smaller version of the appliance (producing up to approximately 1kW of electrical output) to appeal to the larger domestic boiler market. Similarly, it may be possible to increase the electrical output of the Appliance to 5-6kW to make it suitable for larger commercial premises.
]===

Here's a great resource:

https://www.thegreenage.co.uk/how-much-energy-does-my-home-use/

I'm still personally quite sceptical about the domestic market: let's get the 3.1 out, targeted at SME's and take it from there! ;-)

This is interesting, and I suspect a little known fact if true:

"Future Homes Standard | How the domestic heating industry can make a bigger contribution to net zero" (Feb 21st, 2020)
https://www.theheatinghub.co.uk/blog/future-homes-standard-how-domestic-heating-industry-can-make-bigger-contribution-net-zero
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In 2011 the Carbon Trust reported on a field trial of 27 A-rated condensing system boilers. The research found that “a significant number of them [boilers] were found to be substantially over-sized for the properties in which they were fitted and this is believed to be common practice in the UK”.

The report highlighted market failures that encouraged oversizing when it identified that “the average peak heat load of UK houses is around 6kW, but the size ratings of new boilers typically range from 10kW to 30kW”.

But boiler oversizing is just one part of the problem. The sparse implementation of compensation controls and unbalanced radiators means that systems are left wide open to heat dumps from the boiler and it takes far too long for the boiler to reduce its output.
]===

Bit of a serendipitous spot which I wouldn't have noticed had we not been discussing it recently!

Oversizing is a dirty word in the modern world. Starting to feel that we may have a green card up our sleeves in the making...

The following site suggests that the 3.1 version of the Inspirit Charger should be able to easily cater for most reasonably insulated houses in the Inner Hebrides, and just about cater for the peak loads of comparable old un-insulated houses (though obviously not any size!)

http://www.esru.strath.ac.uk/EandE/Web_sites/17-18/gigha/heat-demand-profile.html

Interesting! Why does the UK massively over-spec? A ploy by energy companies to persuade customers to pay more than they need? Using peace of mind arguments? I've got that covered! LoL!

"A boiler to meet your needs - it's your lifestyle - your choice, and for your peace of mind we've included a 10kW heating element for those cold winter nights, and cheap showers when the sun is shining." Starts with an old couple in a large house in the depths of winter, transitioning to a young couple in summer, one taking a shower, panning out to the garden where the other is mowing the lawn - solar panels clearly visible on the roof.

I wonder if other countries suffer from oversizing? European? Worldwide? @Jimb? Did you know we did!? I presume you didn't @Phimx?

Ob.