Member Info for schlemiel

Excited to be speaking at #IAA21 about how #5G and other advanced technologies are transforming the auto industry. You can watch it here on September 8th:

https://twitter.com/cristianoamon/status/1433112918237884423

take the heat out of the stock and let it find some normal activity...this will provide a higher degree of confidence for potential buyers who are feaful of buying at a price that just keeps getting sold into...it's one of the great judgement calls...'knowing when to buy and knowing when to sell' and of course 'knowing WHAT to buy and WHY'!!!

I note that GM and Honda are working together on future EV's by sharing 50% each of all vehicle part. If EV's include GM Super Cruise then can we assume Honda will also install SEE DMS? After all, Honda to achieve L2+ in the US will need GM's mapping system to navigate hands-free motoring on US highways

for Guardian employees and test engineers for 'projects'

Legin

I've given up trying to catch intra-day price moves on all my stocks. Do your research and have faith in FOG. Other than the diversion of feckin tedious green fascists who are psychopathic in their campaign to smash activity in the Beetaloo, this stock and its stake will at some point become a target for acquisition by a bigger player. Commercialisation IMHO has been confirmed by drilling and I suspect the Beetaloo posse (NTG, Canberra, the licence holders etc etc) know more than they are telling the market.

Be guided by announcements and presentations by companies like Jemena or the NTG who are financing studies for pipelines and processing facilities for gas transmission. These compamnies and the NTG and Canberra appear convinced this is going to production

Hold the stock, ride the volatility and see what the next 6 months brings

I think the Qual-Google partnering on this Renault system could be indicative of what is to come. We need some indication from SEE as to how it intends to benefit from its Qual alliance cos if Qual is now working on this Android Automotive stuff then how can we benefit from this shift?

I don't know enough though, techno-flop

https://www.ntsb.gov/news/events/Pages/2021-safe-systems3-rt.aspx

Panelists:

??Rob Molloy, NTSB
Cathy Chase, Advocates for Highway and Auto Safety
Torine Creppy, Safe Kids Worldwide
David Zuby, Insurance Institute for Highway Safety (IIHS)
Jake Nelson, AAA
Scott Schmidt, Alliance for Automotive Innovation
William Wallace, Consumer Reports
Laura Chace, ITS America
Scott P. Schloegel, Motorcycle Industry Council

https://twitter.com/NTSB/status/1435271572739211265

Some nice insights in this article from AMS who's been following the Beetaloo story right from the very beginning though I suspect the rag itself (AFR) is a tad Guardianesque ie drama queen mentality

“The NT moratorium, COVID-19 and various project issues took a five-year bite out of efforts to open up the Beetaloo, but 2021 will be year we should get some answers,” EnergyQuest said.

Under the plan for the NT shale industry, the NT and Commonwealth governments require that any gas development results in no net increase in carbon emissions.

end

https://www.afr.com/companies/energy/beetaloo-well-results-rev-up-the-bulls-20210906-p58p7v?utm_medium=social&utm_campaign=nc&utm_source=Twitter#Echobox=1630986460

“Bankers don’t want to be investing in old dying industries, they want to be investing in new industries,” said economist Rob Henderson of his alma mater
Related

‘High time’ banks dumped fossil fuels, former NAB economist says

Analysts examining the Amungee results focused on the companies’ calculation – based on the result from a 200-metre section of the horizontal well – that the “normalised” gas flow rate was between 5.2 million and 5.8 million cubic feet per day per 1000 metres.

Mr O’Quigley referred to a recent analyst report that suggested gas flows of more than 3 million cubic feet per day from a 1000-metre horizontal well were required for the Beetaloo to be commercial

“Not only does this test result significantly exceed these parameters and significantly increase our assessment of the Velkerri dry gas play, but it also puts the Beetaloo on a par with other shale gas basins in North America,” he said

Wood Mackenzie analyst Shaun Brady was more guarded, describing the early results as showing “some promise” and putting them “around the middle of the pack” compared to wells in mature US plays such as the Marcellus near the east coast.

“But the challenges of monetising the Beetaloo cannot be understated,” Mr Brady said.

“Huge investment is required to build the infrastructure, establish the supply chains, and achieve the scale needed to bring this gas to market commercially.”

He said that “best-in-class” well performance would therefore be essential.

“The issues encountered in achieving production over the full length of the lateral means further appraisal is needed to prove the potential of the Velkerri and demonstrate that this outcome can be repeated or improved,” Mr Brady added.

An earlier production test at the Amungee well underpins the 2017 estimate that the field holds about 6.6 trillion cubic feet of gas resources. The latest test was a follow-up, with Origin and Falcon yet to decide on the next move, likely to take place next year after the wet season.

The duo is also drilling at the Velkerri well nearby and is due to run a test at their Kyalla well, targeting a different shale formation. Meanwhile Santos and Tamboran are working at the Tanumbirini well, and Empire is due to test its Carpentaria-1 vertical well late this month.

Consultancy EnergyQuest said the “unprecedented” level of activity in the area “should be enough to finally answer the big question about commerciality”.

cont.....

Beetaloo well results rev up the bulls

Angela Macdonald-Smith - Senior resources writer

Sep 6, 2021 – 4.45pm

Bullish results from Origin Energy’s controversial exploration in the remote Northern Territory have doubled the share price of its junior partner and set pulses racing among those hopeful that Australia can experience its version of the United States’ “shale gale”.

Gas flowed in a production test at the Amungee well in the Beetaloo Basin at a rate that “provides line of sight to the commercialisation” of the venture, according to Philip O’Quigley, CEO of Falcon Oil & Gas, whose shares surged 104 per cent in London on Friday.

Multiple shale gas exploration wells are being worked on in the remote Beetaloo Basin in the Northern Territory. Peter Eve

Origin took a typically more conservative line but its general manager for the Beetaloo, Chris White, said that if the result can be reproduced on a larger scale, it indicates the “dry” gas play in the Velkerri shale targeted at the well “may be in line with commercial shale plays around the world, based on normalised production rates”.

The Beetaloo region has seen a significant increase in activity this year, supported by the federal and NT governments, as explorers including Santos, target potentially massive volumes of gas that could beef up energy security on the east coast as well as provide gas for export through Darwin or Gladstone.

But it remains hugely contentious amid opposition among environmental groups and some traditional owners because of the risk of water contamination and the climate impact from new gas development.

It also comes as market sentiment toward oil and gas stocks sours, despite relatively robust commodity prices, amid heightened awareness of ESG (environmental, social and governance) concerns, among other issues.

Origin shares were down 0.7 per cent in mid-afternoon trading on Monday in a generally soft oil and gas sector, although AGL Energy, its peer on the electricity supply side, was slightly higher.

Junior Tamboran Resources, the latest pure-play Beetaloo exploration stock on the ASX, was up more than 7 per cent at 26¢ but still well off the 40¢ issue price in its $61 million initial public offer in July. Explorer Empire Energy, which is also focused on the NT, was up almost 11 per cent at the same time.

cont...........

https://slate.com/business/2021/09/infotainment-tesla-mercedes-ford-volvo-distraction.amp

excerpts -

'But even if a mandate is politically challenging, NHTSA could still take incremental steps, such as incorporating the vehicle’s risk of distraction into the government’s NCAP crash safety ratings, which are already overdue for a rewrite. Homendy sees merit in that idea: “The best way to get manufacturers to prioritize safety is to create consumer demand,” she says. “And demand comes from safety ratings.”

Rather than focus on the system’s design, the federal government could instead require safeguards that ensure the driver’s attention doesn’t wander dangerously (recall that some individuals are less distractable than others). So-called driver monitoring systems are already used to ensure that the driver remains attentive while an Advanced Driver Assistance System is in use; otherwise the car will issue a warning or bring itself to a halt. Driver monitoring systems aren’t generally utilized outside of driver-assistance deployment, but they could be. '

and

For the foreseeable future, at least, automobiles will continue requiring the driver’s full awareness—even as automakers keep redesigning their infotainment systems, forcing drivers to relearn how to use them, and introducing features like Ford’s in-system advertisements that create new competition for the driver’s attention. Automakers can be expected to keep tinkering with their infotainment designs, which offer one of the few remaining pathways toward differentiation. “They all believe they can come up with something great, and they’ll keep trying,” predicts Torchinsky. The risks of that quest will fall on all of us.

Donscot

I like Scotland. I like Scotttish people but Sturgeon , that nasty Justice Minister and her odious, nationlistic party is dragging a once great nation into an abyss of extremism, hate and bigtory. She's a nasty, evil, poisonous extremist..

What type of party passes laws to control what can and cannot be said in a private dwelling? That my friend is fascist and brutal.

The Scottish people deserve better

I wonder if the 8p options have been taken up?

Obviously, the profit taking emanates from Canadian investors, kicked in after 2pm

When a stock triples in price in 2 days then don't be in anyway suprised by a 30-40% fall back, a gift horse and all that

The fundamentals haven't changed though..FOG's now a stock to buy on the dips now commerciality's been proven by ACTUAL DRILLING (THE TRUTH MACHINE)

Midstream study now being financed by the NTG tells me one thing, Beetaloo is being fast tracked for production to supply the international LNG market with a bit to appease domestic demand

Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, told Just Auto that earlier this year, Qualcomm extended its partnership with General Motors with regards to digital ****pits, next-gen telematics and ADAS development, so the expansion to Renault is ‘significant’.

GM said it would deploy Qualcomm’s third generation Snapdragon Automotive ****pit Platforms in its upcoming vehicles.

“While Qualcomm is not new to the automotive sector and has been supplying several products for nearly two decades, the industry’s acceleration of its move from providing the mechanical devices of yesteryear to the future ‘computers on wheels’ has led to more value-creating activities and opportunities for the company in the automotive sector,” says Agwan.

“Growing cellular connectivity in cars is set to offer a significant boost to Qualcomm’s auto business. Furthermore, the expansion of the automotive business and the resultant increase in the supply of semiconductors will support the industry, which has been witnessing production losses due to chips shortages.

“Qualcomm – better known for its ****pit, infotainment and telematics products in the auto business – aims to deepen its presence in future mobility solutions that revolve around connected, electric and autonomous technology. With its new broad automotive strategy ‘Automotive Redefined’ announced earlier this year, the company aims to intensify product development in the ****pit, connected, autonomous, infotainment, electric charging infrastructure and other subsystems in automotive.

“Qualcomm wants to be what ‘Android is to smartphones’, i.e., an open platform provider, with qualified software partners, that can serve a large range of applications rather than developing its own software for each system. The company presently supplies infotainment and digital ****pits products to 19 automakers globally and has a hefty order pipeline – nearly US$10bn. Further strategic focus on the automotive sector is set to offer competitive benefits and level up Qualcomm i the automotive value chain.

“During COVID-19, most semiconductor manufacturers diverted supply to other industries, given the dwindling manufacturing and supply in the auto industry. However, with the existing supply-demand mismatch, it is required that semiconductor companies – largely catering to other industries – develop their capabilities in automotive and tap the existing opportunities in the market.”

https://www.just-auto.com/news/qualcomm-to-supply-key-chip-to-renault/

She's a feckin' chrettiin

2.52p to buy, no problem getting an online quote. the liquidity here is good

https://www.bloomberg.com/news/videos/2021-09-07/qualcomm-ceo-sees-chips-demand-more-in-balance-into-2022-video

Orders must be on the rise. Only a couple of weeks ago they advertised for a similar position in sales for Guardian