Member Info for PM01

@just_us We have EWT data. A feasibility study will cover a range of options which could be misleading if the market picked a different one that the company eventually chose.

If the company are in negotiations with JV's etc why would they publish details of their commercial plans and show their hand. That would not be good. Yes we all want to see how big the numbers are along with the rest of the market to judge Company value, but suffice to say the word is commercial. Will Government act quickly?

NTC - Someones perception is their truth.

Precautionary checks are required since safety comes first. If proven this is a minor flaw then 'return to normal' If they find a significant issue and global fleet is affected then batten down the hatches. Either way its a blip on the path to success.

One of my elderly Aunties who drank Guinness once said "Ciders for Girls" in the company of my Rugby playing nephew drinking cider. Each to their own I say.

But will we believe it if it happens and what will happen to the SP?

Cev, £7 of course 🤣. I do think (hope) that progress the company is making is will stay on track although there are many obstacles and unknowns to overcome which are outside the companies control.

We have the 3 major 'stories' happening. 1) Russia/Ukraine war and Zeleskyy entering Russia opens up new scenarios, 2) Middle East Tinder box always uncertain and the 'wrong' move could send oil spiralling and 3) The US elections although I don't think its the result that matters, its what Trump does when (if) he loses. Clearly there unknown unknowns. I've just had Covid!!

A further challenge is the UK Governments inability to make decisions quickly however Tufan is managing expectations with Government and one would expect logic and common sense would prevail however he has alternative options open to him which is excellent bargaining power.

The company is managing the risks well and not all eggs are in one basket.

I'm not a chartist etc but a guessist!! If all strategies come to fruition then I could see £7+ however not all goes well in business due to various reasons eg supply chain, not mentioned above and as such my prediction would be in region of mid £6 due to some delays in delivery.

In the event of some world events biting us, all bets are off and we remain in the £4 region!

NTC, I love the confidence in your prediction. maybe you really do have a time machine or crystal ball that works and you know there are no world events on the horizon that will scupper the prediction and you have the date for the first firm SMR order. As my mother used to say when we were expecting something good, "all being well". 🤣🤣

Title should have been Punters but I'll blame Covid which I've got, or it was probably my lack of attention to detail!!

Come on boys and girls, be nice to each other. Some have guesses that are high, some low, maybe for their own agendas or to wind people up. Others have researched the company and looked at the potential risk (war) and rewards (SMR) leading them to their suggested price.

There are factors outside the companies control but I do see them looking to mitigate those risks which is a positive and should bode well for the future.

We all want Rolls Royce to prosper which in turn helps us as individuals but also Britain.

Genghis15, as someone who was audited for a global company, the thoroughness of some auditors is somewhat lacking and they miss so much relevant information. It's not surprising some audit reports do not reflect reality. I agree that TGR with their availability, or lack of, data is the probably cause.

Well said NTC re haters. Too much negativity from keyboard warriors.

I managed to get a bit of info from the Times article which said "Ed Milliband will press ahead with a new generation of mini nuclear power plants with plans to unveil reactor designs by September. ...... has told MP's he will give his 'absolute support' to a plan to build a fleet of SMRS's around Britain as part of his clean energy drive"

Tbob418, thanks

Mug, what on earth are you on? This is why our country is in a mess, no respect. Of course challenge my comments but why lower yourself with such comments.

You asked "Why do you write such incomprensible & meaningless drivel ?" I replied to Tbob418 to agree with them and to share my experience since I've seen and delivered many projects and have the experience to comment on such matters and not all of them were perfect.

Please keep your thoughts to yourself if you cannot be constructive.

Tbob418, I agree with your comments on 'My point is that I've never read a full list of things to expect for everything to become operational and profitable, just every month or week, a new piece of the puzzle.'

Having managed many projects I recognise things go wrong and people make mistakes but it's normally the odd issue (some big) but normally just typical reservations that need resolution. Only once has a project gone 'bad' and that was a pilot plant, called up too large, but it was the fundamental technology which was wrong that could don't be delivered.

It does appear the scope, project remit, definition etc etc that was flawed from the start although a conventional project delivery plan may have taken longer. My only concern is if the raw material spec was wrong in the first place this can have serious consequences for much longer. I've seen CS vessels be eaten through in 2 months due to incorrect materials specified although the logic for their choice appeared correct.

Quote - This "could become an issue", they added, if the commercial terms given in the long-term service agreements assume engineering gains that do not materialise but "we do not believe this to be the case".

A nothing story?

Will, looks like you’ve been indoctrinated by Tory lies.

My view is that AAL didn't complete adequate due diligence on SXX or were swayed by Fraser on his spin. SXX Standards were probably significantly less than AAL (along with some errors?) in their design. AAL takeover resulted in the imposition of their own standards increasing Capex but was this estimated adequately?

I find it difficult that they didn't specify and/or estimate correctly and as part of that process they will have developed a detailed cash flow forecast and agreed that with the board. On that basis what happened since those approvals?

Share price collapse and with increased energy/materials/resource costs along with borrowing costs greater than originally forecast.

This ultimately means increased costs for the project and the need to reassess the project. It happens in businesses where circumstances change. The answer I'm puzzled about is, why the strategy to delay if the product is 'that good'. What is an accelerated completion date and income generation v a slower approach to completion. Is the RNS a holding statement to test the market place or wait until they have a partner.

It's a watch this space for me.

Gazza sorry auto correct