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>>So it's not JUST range anxiety, but it's also "will it work anxiety".
- I endorse that as an EV owner. You need so many app's and often the fast charger you header for is not working and you call the helpline and they try to remotely reboot it and can't. It's crazy. Zapmap says it's working, you read the ZM comments too, rely on it and it's OOS. I've ended up on 7kW chargers for hours (adds 25 miles of range per hour). But, I have a tesla. I got lucky with a long trip to Swaffham over weekend and Lincs. There are more superchargers now. More teslas too. Charged at M11 Bishops Stortford. There, I could only connect to the rightmost of all the chargers – the only one vacant – by parking sideways on, lead wasn’t quite long enough as charger port is to right when view car from front. Shared with one other car (two leads from one stall) and I found it wouldn’t give me any charger until he left; first-comer has all capacity. The moment he disconnected, which only took 5 minutes, I was able to charge. Kings Lynn now has a supercharger too, and so does Wyboston on the way back, so I didn’t have to divert from my intended track to charge. Total charging stops (3 of them) added to 100 minutes cumulative stop time across the journey. I selected tesla charger as destination so it knew to precondition the battery (told me it was doing this) meaning I charged at up to 90 kW (otherwise it only takes at 30 kW), though often 50 to 60. Even tesla charging adds a fair bit to your journey. Would have been more but the last stop I only added enough to get home with 50 miles left, and then charged it for 24 hours solid at 2 kW (sometimes 1 kW; when hot weather, home charge current drops periodically from 10a to 5a because the slow charger overheats, and goes even slower, until I get my 7 kW type 2 menekes) as home 14 p/kWh Tesla 25 p/kWh. Other fast chargers mostly 33p or 35p, the worst are IONITY at 69p. Shell allows its franchisees to choose between 39 to 69p and some nasty little fascists choose 69p. I hate that for contactless on some fast chargers they add a 20% premium compared to the app. Petrol's not like that !! I hate the non-interoperability, so I can't charge from the Chademo chargers on the M3, and I can only take at 11 KW from a 3 phase type 2 AC menekes meant to be 22 kW capable, like the free one at Swaffham Tesco (but no car except a zoe can take at 22 kW, and most zoe's can't take rom any DC fast charger...). I must say the cost of hydrogen for motoring needs to come down a lot, that's why there are no private sales of the Toyota Mirai yet. But it WILL come down a lot, obviously. At the moment it comes out at 65 pence a mile marginal motoring cost in the Mirai, which is why I got the tesla for less than the capex of the mirai !!!
A hydrogen car IS an EV, as the wheel motors are electric; it's just that the electrons are stored via hydrogen as the energy vector. It's a very efficient way to store energy. And you can still have a battery and charge off the mains when you are able to, away from home or at home; a smaller battery (see lithium and cobalt crisis story below) is possible as the fuel cell becomes your range extender, operating in parallel with battery discharge to greatly extend range even if capacity of FC << wheel motor max power. A FC can be pretty small.
I saw this : https://www.independent.co.uk/climate-change/news/critical-minerals-electric-cars-renewables-b1841942.html and thought of ITM Power and fuel cell'd vehicles with smaller batteries.
The report is at : https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions
"In a scenario that meets the Paris Agreement goals, clean energy technologies’ share of total demand rises significantly over the next two decades to over 40% for copper and rare earth elements, 6070% for nickel and cobalt, and almost 90% for lithium. EVs and battery storage have already displaced consumer electronics to become the largest consumer of lithium and are set to take over from stainless steel as the largest end user of nickel by 2040." Wow. Says bad things about Chinese dominance of Cobalt (for Li-Ion cells as used in EVs so far), too.
Having said that, I must admit don't know what sort of metals are used as the catalyst in our ITM power world-leading electrolysers.
https://www.independent.co.uk/climate-change/news/critical-minerals-electric-cars-renewables-b1841942.html Investment in critical minerals used in electric cars and renewables falling ‘well short’ of what is needed, says International Energy Agency
https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions
In a scenario that meets the Paris Agreement goals, clean energy technologies’ share of total demand rises significantly over the next two decades to over 40% for copper and rare earth elements, 6070% for nickel and cobalt, and almost 90% for lithium. EVs and battery storage have already displaced consumer electronics to become the largest consumer of lithium and are set to take over from stainless steel as the largest end user of nickel by 2040.
I think a perceived problem might be that this £30m contract went to Porton Down and it could have gone to Open Orph.
https://www.independent.co.uk/news/science/covid-vaccines-uk-doses-porton-down-latest-b1841889.html
The government is investing almost £30m in expanding laboratories that will assess the effectiveness of vaccines against emerging coronavirus variants. Jenny Harries, chief executive at the UK Health Security Agency, said: “A new variant that can escape the current vaccines is the greatest risk of a third wave. This new investment will help us stay one step ahead of the virus by doubling our capacity to challenge vaccine effectiveness against emerging variants."
- it is NOT, mind you, the construction of a human challenge trial laboratory. But it is work that Open / its subsidiary could have been funded to carry out (as could other firms).
I don't think we should abuse those who aren't positive. That sort of chat room is a complete waste of bandwidth and puts me off reading it. I sometimes post on the boards of shares I no longer own, and that's fine. There's no rule that you have to own a share, or have any financial interest at all in it, to enjoin discussion about it. As to Zoe, I did think the last RNS was really good, and don't understand why she's fallen. A lot of AIM shares seem to have fallen over the last week, though not all this much. It's usually not MM manipulation, nor do I care whether any particular buys and sells are categorised correctly. It's the ebb and flow of sentiment in us lot that drives shares up and down, and there often doesn't seem much rhyme and reason to it. Example Nano, nothing really changed but suddenly she's miles up on a month ago. Doesn't matter. Will, I hope, happen to us too soon enough; Zoe issues fairly regular RNSs (compared to say, Eden, where you wait 4 months at a time sometimes). For me Zoe is a buy at today's price (except my other shares are down too, and seem to also have good upside, so I don't want to sell them to fund more Zoe).
Negative posters are welcome, to test our thinking. We can each reach our own conclusion on what we believe, and trying to bully/scare them off just makes for a BB that no sensible person wishes to read at all.
The passport will also have diagnoses of covid and test results. This is NHS data, why on earth would you create a new app and need to port that data to another app.
The NHS database most certainly has verified vaccinations with batch number, where given, and a note on any allergies declared by the patient or other relevant matters declared just before the shot. As data inputter at a vacc centre, I know this. Their IT support is surprisingly excellent, which you might not expect from a state monolith. You have to tick a consent given field ahead of passing them on to be vaccinated. There is an ethnicity field too but that is not mandatory.
It's a binary bet. But I'd have said the UK government will use the NHS app. It's already there; it's the obvious choice.
>>Would someone kindly sum at where we’re at right now, and what we’re now waiting on?
- phase 3 trials that cost £80m have ended, at some point they publish something after reviewing the data. We don't know when. The indian covid variant (main one) appears vaccine-evading, and the PM speaks (yesterday, 5:15 pm BST) of a new focus on cures/ameliorants with a task force force to identify the best one. This seems like good news for Synairgen, but isn't in the price today. I have 12 AIM shares and all but one are down today. Travel shares have been falling as well as CINE and covid cure shares and covid test shares like ODX; some of those should be counter-cyclical, but the ruddy lot are down, so are RR and some main shares. I am holding the lot. Not selling anything at a low; that more often is a matter of regret, than not.
Yes I get the impression that the Indian variant is vaccine-immunity-evasive in a way that the SA variant isn't. Hence the softening up for an enhanced "booster" in autumn, "live with the virus" (can't lockdown forever) and a new focus on cures. The two leading cures in terms of not just incremental but potentially radical reductions in death rates are Synairgen's beta inteferon inhaler and foralumab. He spoke of possible oral intake; well, foralumab can be delivered orally, and synairgen you just sniff. With us ending phase 2 trials (or ended them - any ideas?) and synairgen ending or ended £80m worth of phase 3, I expect both to get a lift out of this.
I expect you all saw the undercover TV documentary last week or two of the PCR testing lab where workers were filmed under cover ignoring known cross-pollution of adjacent cells and just ploughing on to meet management targets, at one lab. No idea whose PCR tests they were. It was a sloppy lab issue really.
I have seen on other shares where there was a poor RNS, without the usual careful sugaring of a bad RNS with at least something good, and without hiding the bad news in the middle of an RNS packed out with other almost irrelevant words, that the directors later turned out to have bought some shares after the very poor RNS. I think an example of this from memory was Sound Energy in late 2016 or early 2017. If at any stage from 9th April to the next good RNS, key board members of NCYT turn out to have bought more shares, I'll rest my case. It was too "unleavened".
ITM Power is recruiting 80 engineers. As ITM Power continues to grow in manufacturing capacity, this has created the need to recruit 80 engineers in a variety of roles, including compliance, technical project managers and process engineers.
https://www.itm-power.com/news/itm-power-is-recruiting-80-engineers They will join a workforce of around 230 as part of the expansion drive kicked off by the fast growing demand worldwide for ITM Power’s green hydrogen production products and will be based at the Company’s newly opened Gigafactory at Bessemer Park, the largest electrolyser factory in the world with an annual capacity of 1,000 megawatts (1 gigawatt) worth of ITM Power’s products. The new factory is fully operational and began shipping orders from the site earlier this month.
This is just one witness of 5 witnesses to that session (there are more) to that select committee on the role of hydrogen yesterday morning. Prof Cebon is a heat pump enthusiast much quoted by the ground source heat pump association (I do not know if he is a paid consultant to them), and has long been a critic of hydrogen (there are exceedingly few critics to call upon). The clerk will have chosen him as a witness for the purpose of balance, or he may have written to the clerk suggesting he give evidence (I know that people do that; also you can write to the clerk and suggest a good witness for a current selcom enquiry, with a few notes as to why). If you look at the notes to the budget yesterday you've got good hydrogen plans for two of the freeports, Felixstowe and "East Midlands" (which is well inland at Ratcliffe, and not a port at all !). The only reason to try and import some significance to the one witness who is anti-hydrogen and pro-heat pump is if you want to buy some more ITM shares, and need them down.
Professor Sebon thinks we can do everything in terms of decarbonising home heating and personal transport with EVs and heat pumps, but the size of the street cable and final transformer is 1.5 kW per home (maximum demand after diversity rating). The average home draws 10 kWh per day of electricity on average. The average EV outside of covid used as a real working person's car needs 10 kWh to charge per day PER EV (most homes will end up with more than one), and a heat pump when it replaces a 35 kWh a day gas boiler average, draws 10 kWh a day, and rather more in winter. The cost of upgrading all those last mile DNO assets is £80b, and the last DNO price control ending 2023 didn't fund any DNO last-mile-assets upgrades. Yes, hydrogen is going to have a role, as it is for storage of surplus electricity from unreliably-intermittent wind and solar. Prof Cebon entirely omits all the electricity network-related limitations on just electrifying everything.
https://committees.parliament.uk/event/3882/formal-meeting-oral-evidence-session/ - the video is painstaking to view but the transcript should go up in a day.
>>In fact he mentioned BPC today in his daily email.
- Malcy doesn't ramp much these days, I think he may have somehow been told not to as he used to ramp the bottom off everything, now he's usually neutral and just reports the news from RNSs and some global oil price movements without many clear stock by stock commentaries, but was very positive I thought about BPC today :
“In December I wrote : ‘Just an erratum on BPC this morning following the link I put in the blog yesterday with an interview I gave to IGTV. As the interview drew to a close I was hurrying the last section of the list and in that process I missed BPC which was simply an error. For those many people who picked up on the mistake I apologise and for those who wanted to know my reasons for including the company this is the appropriate section.
Two to go and Bahamas Petroleum has been waiting to drill here for many years, now is the time as Perseverance#1 is due to spud anytime soon. With its billion barrel++ opportunity it is still going to be one of the biggest wildcat wells for many a year but things have changed at BPC as since the acquisition of Columbus the company is no longer a one trick pony. Whatever happens at P#1 the company has onshore Trinidad with exploration upside at Saffron plus acreage in Suriname and more to look at’
So, that was written in December, four days before the P#1 well spudded and with this Thursday being the 45th day the market is rightly warming up for some news. Nothing changes with regard to my call, following the well result priorities may change but the way the company is going to move forwards won’t, this is a changed beast”
>>If we all did this the SP would have been £2.50 by now and £3 as we keep holding and so on... this would then attract more investors as a result
- erm, no, there would be more sells as it would be over-valued at this time. We can't buck the market ! Who needs it up fast anyway, only those wanting a quick buck. I don't care what price it is today. Let's see where it is in 5 months when the trial is over and results published; the synairgen trial ends a little ahead of then, so we can see which works best and which gets commercialised (maybe both, actually, with luck). Covid will still be around next year and the year after, globally.
Pa. You lot are so shallow. What did you want, someone like Paul Daniels reading the script. I didn't like the previous three presenters as they were so full of hype. This dude gave the facts. And he DID give something out : most drills run late. We didn't have up to date info until just now on whether Pers-1 was on track or going to be late. He said it's on track. Delightful. Saffron spud next month or two, contract for that already let. Double-plus delight. WNZ01 spud within Q1 Surinam. And more confidence than before after listening, as to how T&T onshore total production can hit 2500 bpd end 2021. He's not paid to be a fancy presenter of TV quality, or even a confident presenter. He's the CEO. As long as he knows the CEO_stuff, and can convey the facts which he did, he can grow as big a beard as he likes. He has my confidence. I'm buying more tomorrow ready for drill results. Selling the Barc I bought early today at 33p to fund it. And it's reminded me again the firm isn't just about Pers-1. Like most of you I tend to over-focus on one exciting thing. Not a one-trick pony.
One thing displeases me a lot about my TILS. The complete lack of updates about when we get our Accustem Sciences Limited shares. They have gone completely quiet about it, it's an outrage of unwarranted opacity. If there's a delay, that's OK, please just tell us about it. Silence is NOT golden.