Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
From the article: "Called Blue gas, it is a liquid hydrocarbon fuel consisting of carbon monoxide and oxygen that can be used in vehicles built from 2002 – and it is 100 percent emissions free."
If this is factually correct, then all it could emit would be CO2. 100% emissions free? I don't think so.
Unfortunately, it's not even factually correct. Carbon Monoxide (CO) and Oxygen (O2) do not have any Hydrogen (H2) and therefore couldn't be called hydrocarbon by any stretch of the imagination.
I think we are looking at different things. I will reply at length later, but I give you this, from the RNS of Tue, 23rd Jun 2020 08:58 (https://www.lse.co.uk/rns/BMN/final-results-for-the-year-ended-31-december-2019-uk9okcz1pc70mr4.html):
"· Profit after tax of US$69.2 million (2018: US$49.0 million).
· Basic Earnings per share of 5.51c (2018: 2.90c)."
Large sellers, MM antics, shorters, sun spots, whatever. There is at least one reason the price is where it is. Is this a different company to the one you initially bought into? In my case, yes, it's better than ever before on a fundamental basis. Why would you sell?
Speaking for myself, I'd quite like to find out, Ros! My aim is to retire comfortably and that is just 22 months away. I can hold on that long, I think. Now let's hope I can stay vertical and above room temperature as well...
Both oil and white phosphorus need oxygen and can be extinguished by smothering them - foam for oil, dry sand for white phosphorus, from memory. Lithium batteries burn and can't be extinguished because of the electrochemical reactions inside them running away - think of a welding arc, nothing actually burning in oxygen but damn hot all the same.
MWH will almost certainly be less than MWHt, if MWHt means MWH Thermal. A coal-fired power station can generate at ca. 40% efficiency tops, so a 2,000MW station actually needs 5,000MW Thermal for its 2GW electrical output.