Member Info for sairfecht

And who’s not investing just for themselves?

We are all at it, aren’t we? It’s just a matter of scale.

Understandably trust in politicians is low; if the current lot don’t align with your outlook then they are trusted even less. Who was trusting the last lot?

Fa, a long, long way to run.

Or maybe the likelihood of this going anywhere anytime soon is sweet fa

Is this cup half full or half empty? What’s it full off? And how thick is the thread? Was the thread tied to the cup or the handle? Will the thread or the handle snap, hitting the cat that’s waiting for the rat? Hopefully it doesn’t kill the cat which it doesn’t bounce down (or up) the stairs.

I prefer tea leaves as it means I’ve had a nice cuppa.

That’s Life.

Profits being taken.

We await rat: I’m not holding my breath for it by the end of the month. So perhaps back down to 13p range?

Maybe rat in November…(!)

We all know - well, believe - it makes sense (but we aren’t Ghanaian politicians!)

In the meantime, the white knuckle ride continues.

No surprise there’s a drop.

The glow of previous good news has worn off and all eyes return to parliament ratification. Profits taken. (Not by me, I hasten to add! A bit further to go than 18p…)

Based on the past year’s share performance (of Arcadium) I for one am not partying even with the 90% premium!

By hey, that’s life.

Now that lithium prices may have reached the bottom recently, I hope the way is up for Rio now ;)

Neil seemed very happy with himself.

Let’s hope the Ghanaian politicians are also in a positive mood - “later this month or early next” for rat. as Neil mentioned…

Steel too costly to produce in this country; could always subsidise its production. But I guess you wouldn’t want our taxpayers’ money propping up uneconomic industries… or maybe you would?

How do you know plants “like” CO2 - not from science by any chance? But cherry pick (pun intended) all you like.

Isn’t this investing lark about making money?

So what’s wrong with highlighting where there were better returns? Even a money in a bank would have provided a better return. Perhaps there is a lesson in it, perhaps not.

Https://www.choa.org/parent-resources/covid-19/myocarditis-in-kids-rare-after-covid-vaccine

Just a quick google. Clue is in the url.

0.01% risk of myocarditis. Can be managed with pain killers and return to normal is most likely outcome.

“…the Vaccine Adverse Event Reporting System (VAERS) from Dec. 14, 2020 to Aug. 31, 2021, there were 1,991 confirmed cases of myocarditis. This was out of approximately 192.4 million people ages 12 and up, all of whom were vaccinated…”

The information is out there.

“Black hole” in this year’s budget: £22bn.

£22bn for CCUS over the next 25 years.

There is a difference even though the number is the same.

Notzero, did I say there weren’t other issues in the world?

I happen to think climate change is a pretty big one given the evidence.

Thanks for the link to the article, to quote it: “at levels of 1000 ppm and above, people can become drowsy and lethargic.”

The planet’s level is 420 ppm isn’t it? So how much higher do you want it to go? I only mentioned what Musk had raised as I thought it an interesting point. The more concerning thing is the rise we’ve already seen since the Industrial Revolution - and we are all aware of the changing world.

Many minds are working on solutions for that - and an SMR solution from RR will help with the decarbonisation of energy production that this planet needs, so all is good.

CCUS

Climate change deniers please ignore this.

This is 2 years old but interesting discussion on CCUS:

https://youtu.be/DX7k6qnTxE8?si=vwyt3drRdFQsaWhT

(YouTube, “Cleaning Up” podcast , episode 97)

Presenter is rightly skeptical given the cost of removal per tonne of CO2 - but remove it we must is the interviewee’s point (net zero); decarbonised energy production is secondary.

[Deniers (if you’re still reading) - since humans have roamed the earth CO2 levels have never been as high as they are now (and predicted to go based on current fossil fuel consumption). Go look up the graphs. I know some might like charts; but these are the useful ones.

(Yeah yeah, much higher levels million+ years ago - but pretty stable the past 300k years. And yeah, the earth was much hotter before - I mean it was once a ball of molten rock if you go back far enough. ;) ]

Anyway, I like the analogy of garbage collection: we pay for such a service. The benefit being clean and healthy streets. Imagine if we didn’t pay for it to be taken away?

Similar argument for CO2: as we have generated too much we need it to be taken away… else we will (further) wreck the environment on which we depend.

Bonus Denier dismissal point: what happens when CO2 goes above 1000 ppm? Is that noticeable to humans? It’s not a level humans find comfortable. Musk (of whom I am no fan) raised that with Trump on their eXTwitter love-in. But he is a bit off the rails sometimes.

I am skeptical of CCUS given the cost per tonne - can the world afford it - or afford not to? If the UK builds knowledge and expertise then that can’t be a bad thing.

In the meantime, back to RR: let’s see how SMR goes in the next 5 years. The Czechs do seem keen.

hi ****nal17, yes i am a shareholder.

a relatively recent one, so i am “only” up over 200% - but i have a small stake, so not life changing.

And so what of globalisation? We want RR to sell SMRs around the world, don't we? ;)

So oil still has to peak. But peak it will. China has installed more solar cells than the rest of the world put together and will continue to deploy more than the rest of the world. I've understood the Chinese take the long view - and I am sure it is primarily for global economic dominance. They may or may not give two hoots about the climate/environment but they worked out what the (short term) western world would demand and what would be in their own best interests to focus on.

Oops, mea culpa, missed the zero.

£880million per annum over 25 years.

not sure we are spending it all up front?

Im sure the next government can cancel it if they wish.

And I don’t think CCUS is a good idea. I am sure the £88m a year could be better spent elsewhere - perhaps even not at all.

And your point is?

Just because you see fly-tipping doesn’t mean you join in, does it?

The energy transition is well underway. Whether you or I like it or not.

Yes we need nuclear. and SMR would be great for ... RR (and shareholders) I am sure.

We also need wind and solar. Which is being built. Along with everything else that's needed. The world is moving on from fossil fuels. We all know this. Folks might not like it but change is happening. Opportunities abound with change.

I'm not a Labour supporter and I'm not too impressed with their first couple of months but it's early days, maybe it will get worse - maybe it will get better - maybe it will just be the same old same old. The last lot needed kicking out. But that will be forgotten. As Johnson might have said, what's with all the 'doomster and gloomster' mentality? ;)