Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
If you look at the education profiles of the people who voted to leave, it was the uneducated working classes. The people much who engaged with the European elections for decades before the Brexit vote were always massively Eurosceptic voters. It was UKP before they went hard right and Tories who cared about European politics. The Brexit vote wasn't much of a surprise for those of us who were engaged in local politics before the national vote. Though I did lose £500 the night of the referendum as an emotional hedge.
I apologise for making a false equivalence, but my god has us Brexit voters bOveen made to feel like pariahs for the last few years. Fed the nonsense that it was the 'hedge funds' and the establishment that hoodwinked the voters into voting for Leave, despite Obama, Cameron, the Royal family, the EU, Goldman Sachs, the banking establishment, etc all voting for Remain
1984 - RE Brexit, I work with lots of intelligent people who don't feel comfortable expressing which way they voted. It's an appalling state of affairs which is slowly changing. The zeitgeist is slowly moving back in the right direction, where you can soundly claim that someone who was born a bloke shouldn't be competing against women in sport.
We will look back at the last decade or so as a dark age, whereby we allowed children to take drugs to change their sex, and compete against people of the other sex. But thankfully society has woken up.
1984 - my last post was a pile of nonsense. My sole point was I genuinely think that me, you addincknt, Quady and Bozi probably have more in common than we think. We will all do very well off the back of this share . and one day look back on the tit for tat
1984, I appreciate over the last few days I may have come across as a leftie, to clarify I'm not. I think if there if one think that me, you, Quady and addicknt have in common is that we all voted for Brexit. I am in favour of nationalisation of assets where there is no real compactisation - rail, water, maybe energy, unsure about health. But we are better off as individual citizens outside of the EU. I studied the politics at length at university, much to the frustration of my hard left lecturer, who hated the fact that I constantly presented the anti-federalist case in seminars.
I would enjoy a beer with half of you when this gets sold - add I imagine we could swap some stories, just a few decades apart.
I took two Pfizer vaccines simply to be able to travel freely around the planet. Would I take another? Not in a million years, just as I wouldn't take a flu vaccine. It is and was utter nonsense. I took the jab massively against my will, and resented the state for having to do so. We were sold a pack of lies. That taking the jab would stop transmission, that those who didn't get vaccinated were pariahs. What a load of nonsense that all turned out to be. I resent giving in. The only reason I did was to be able to go on holiday, and what a load of nonsense that turned out to be.
RE Thames Water, I read this in the comment section of the FT on renationalising the asset:
The company throws off cash (before fines) - shareholders have failed / give it to bond holders - full debt to equity conversion (with dividend/ cash return locked) - subsequent reinvestment of cash from business into infrastructure.
Add, fair points. I work with several today (they are retained clients) and have witnessed much of what you describe first hand. My point really is that ownership - whether state, public or private doesn't automatically lead to a good or bad outcome. All can be done well with the right people and right ambition.
Just because - in your opinion - rail services run better privately than they did before, that does not mean that in the future they can be run even better back under state control.
People act as it's literally impossible for a state run service to better than a privately run service. This is nothing but ideological nonsense. Of course it can be done.
Starmer is in such a strong position that we could quite feasibly start thinking about some of the serious overhaul this country needs - renationalisation of our infrastructure instead of selling more of it off to Middle Eastern SWFs, a tax on wealth (not income) to help address ballooning inequality, planning reform to facilitate house building and other key parts of infra (e.g. data centres), a clampdown on immigration so we can properly control the numbers of people who come in and out of this country (as countless states the world over do, yet never seem to be called r*cist for doing so).
Instead he has watered down or backed away from virtually every pledge he made to win the leadership. It's funny, I never hear the people who claim the Leave campaigned won on a pack of lies level the same criticism at Keir Starmer. I wonder why?
"How bad would the country be if the state ran water, power, rail, comms? Do you even recall British rail?"
And herein lies the biggest logical fallacy of them all.
The state of these services are so poor, and they are so expensive compared to our peers on the continent that many are asking just how much worse they can be?
The idea that state ownership of these vital parts of our infrastructure means they don't work well is total nonsense. It's just as ridiculous as those who claim that private equity ownership of formerly listed businesses automatically sets them up for overly levered balance sheets and a reduction in quality of products and services. There are countless examples of private equity being excellent stewards of companies, we just don't hear about them.
Similarly, there are state owned railways the world over that operate to a higher standard than those in the UK. And at a fraction of the price.
As Bozi rightly points out, when competition exists at the government/enterprise level and not with the end customer, privatisation does not work, and we all get shafted.
I actually don't think he was a lunatic whatsoever. I've met the man twice as I used to live not too far from him. He's an honest bloke who cares about people and society in a way that very few, if any of the Tory MPs that have been in power for the last 15 years or so can claim to.
I don't agree with much of his politics, but we could have done a far lot worse (and arguably did, with Boris).
Politicians of both stripes have managed the economic system implemented by Thatcher and Reagan in the 80s. None of the leaders on both sides of the pond since have been particularly good.
The closest we came to a leader that would meaningfully change the status quo was Corbyn, and he was hounded and painted as a failure by the establishment despite winning more votes than any Labour leader since Blair.
I spoil my ballot paper each year and will continue to do so until politics fundamentally changes and starts attracting a half decent caliber of person, both from a competency and character standpoint.
It's an abysmal state of affairs.
Painful times for patient holders. I thought I'd been savvy buying in tranches down from 15p. That my 10p average was rock solid. How wrong I was. Accumulating cash to bring my average down here when we're given clarity on the way forward.
"Last chance I'm afraid before you join the filters."
Just incredible.
1984, he disappears when there's a glut of new information that shows we are nowhere near raising finance to start construction, or have any intention of taking this to production. Always convenient isn't it.
Up we pop. Double figures will be nice from a psychological standpoint.
SOLG resurrected over Easter? Mather the Messiah to emerge from his exile and show us the way forward?
This was the UT.
Playing devil's advocate more than anything, Bozi. In an earlier post I suggested that this was a dose of realism to proceedings given some of the numbers thrown around here over the last few weeks.
Add, the only thing I can think that he might be doing is goading a lowball. This was a SOLG sponsored interview so they will have had full editorial control on what was published.