Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I've gone in and out of lurking on the board, but yeah. RWT2 has been here a while. A few were suspicious at first just due to the nature of rampers and derampers on these boards making it difficult to judge peoples intentions. He has been a fairly good counterbalence to the board, and has seemed to act in good faith rather than bad. He is also right to be suspicious, given Jim Mellon and the general nature of these types of shares of aim. I tend to agree with his analysis (granted, implictly rather than explicitly).
I remeber reading the economist a few years ago. Population is non-substainable in europe generally. It is the same in China, and even I belive india is predicted to have a shrinking population (due to aborting girls in favour of boys). It was only in africa were population was predicted to be above 2.1.
Come's up with January 11th 2022, but I tend to believe you on that. I see the problem. The website seem to have reposted old news in the form of new news. My apologies. I thought something was off.
https://simecatlantis.com/2017/01/09/award-e20-3m-h2020-grant-european-commission/
Not sure about the redaily link, as it claims TC is still CEO. I'm not sure if it is a faux pas on my part, but can anyone else clarify that there's been a £17.6 million grant by the European Commission for the next stage of MeyGen. I would have thought there would be better sentiments as to the stock if this was correct.
https://www.cforsa.com/meygen-tidal-project-awarded-e20-3m-grant/
https://redaily.org/atlantis-green-lights-meygen-1b-redaily-org-renewable-energy-news/?utm_source=rss&utm_medium=rss&utm_campaign=atlantis-green-lights-meygen-1b-redaily-org-renewable-energy-news
How come this is the first I've heard of this?
Thanks for clarifying. The information on the website can be considred to be a bit out of date. Now, it could be that they are testing non-established devices in the waters in 2021 and then in 2022 they will deploy established ones, i.e., us. But that's just idle speculation on my part. It is important in my opinion for shareholders to start focusing on Raz as well as MeyGen since that could be due to start soon. Just a little news on this front to know what is happening in that area would be useful, as we are likely to get a CfD in Scotland such that this is less os a concern. The joint venture with Nova will also accerlerate the development of Meygen. But Raz I am more concerned about, as I see competitors getting more coverage than thus and they have the benifit of being french/belonging to the EU, where we do not.
Just found this on Raz Blanchard tidal farm.
https://www.offshore-energy.biz/french-company-finds-compatriot-partner-to-deliver-raz-blanchard-tidal-farm/
https://interregtiger.com/hydroquest-tidal-turbine-end-of-tests-on-the-edf-site-in-paimpol-brehat-and-new-stages-of-development-at-the-raz-blanchard/
There has been little information about Raz Blanchard. Do we know what is happening there?
"These include the MeyGen project at Pentland firth; the Tidal Array in Shetland, which currently has 0.4 MW (megawatt) installed, and the O2 device in Orkney, that is 2 MW."
Will Orbital have a good claim to the tidal CfD?
I'm in both. Some of that money will go into MeyGen, as the 6 million grant from the scottish goverment will probably be fed into the MeyGen project in which Nova/Simec will share a slice of the pie with each other. Who gets the bigger slice, I don't know. But it seems both equally need each other at the moment.
Plans to install Nova’s tidal turbines at Atlantis Energy’s MeyGen site took a big step forward this week with the Prime Minister’s announcement of huge support for tidal stream energy.
Located in the Pentland Firth in the north of Scotland, MeyGen is the largest consented tidal stream site in the world with a potential capacity of 400MW. It has all the necessary consents to deploy 80MW of tidal power immediately and is already home to the world’s biggest tidal array.
Following the announcement of Nova and Atlantis’ collaboration, both companies will now work with stakeholders to maximise this opportunity for Scotland and the UK, while demonstrating tidal stream energy’s exciting global potential.
A recent report by the Royal Society highlighted the UK is capable of delivering over 11GW of tidal stream energy by 2050, 50% greater than current UK nuclear capacity. Find out more at:
www.novainnovation.com/news/news_/i/government-...
I think the welsh goverment might not reject it. They'll keep it in permenant limbo until we go potentially bust. It is very difficult to know how things will play out here, as there has been some talk from the goverment about extending carbon technologies past 2050 (I assume they think CCAS, such as the one SIMEC is trying to use might permit this).
For myself, I think the welsh goverment should allow the project on the condition they treat the CCAS seriously. If people are advocating for CCAS, they need to put their money where their mouth is and start investing in it. If we get the algae system right (if possible and it is a big if), you could have a closed loop carbon system potentialy wherby you would not need to burn plastics.