Member Info for Silverfoil13

It is unbelievable that UN is allowed to produce absolute gibberish like this on climate change! It’ll be interesting to read the next IPCC report when it comes out and doubtless the summaries they produce for the media will contain totally different information to the facts and data actually contained in the detail of their report.

As Fergie would say .. it’s squeaky chair time!!

It is indeed very frustrating especially after the extra funding news last week and confirmation of the positive results from P 1 and the extra patent protections put in place over time that our market cap is 29 million which us pretty much exactly what it was in late 2020 before all the excitement in 2021. Post the adjustment for consolidation we had equivalent of 65 million shares in 2020 and the share price was around 50p for a market cap of £32.5 million now we have 108 million shares and a share price of 28p for a market cap of around 29 million so a big dilution. The share price we all want is £9.25 equivalent to £1 billion market cap and Thoth’s fabled 28p (old money). Well I do anyway.

I’m sure the BofD are as keen as we are to progress this as soon as possible. They are not getting any younger and would surely want to cash in their efforts at some stage whilst they are still young enough to enjoy the fruits of their lifetimes work.

Hi y11 thank you for your feedback.

I can now see that in addition to existing electricity consumption of 300 twh, extra electricity requirements for EV transport could be up to 120 twh, extra electricity if all U.K. housing converted to heat pumps could be 140 twh and extra electricity to feed industry and commerce currently using oil and gas could require another 150 twh. So total estimated energy consumption if everything was provided by electricity could reduce to around 700 twh compared to current energy consumption of 1700 twh. So agree we won’t need 200,000 wind turbines. However we probably both agree we will need to get cracking. I will update the family!!

Auson

“Currently 51% Gas 8.5% Wind and 9.9% Solar” and that’s just electricity.

Total energy consumption in U.K. is 1700 twh of which just 325 twh is electricity. The rest is mainly from oil and gas. Gas being primarily gas for heating and cooking and oil primarily for transport.

Hi y11

We currently have 11,500 wind turbines generating 82 twh of energy pa. We consume 1700 twh of energy a year so by simple extrapolation to meet all our energy needs from wind we would need 200,000 wind turbines. Of course some energy would come from solar and some from nuclear. I am just trying to give an idea of the scale of what is required to get to net zero. There is not a chance we will get there by 2050 and the sooner the government realises this the better.

So could William Richards mentioned in the RNS be one of the HNWI?

This of course is just electricity Bloobird.

In addition we are using gas separately for gas heating and cooking and oil for transport so renewables are barely scratching the surface!!

Wow Flipper never even thought of the AI angle .. thanks for that!!

Hi Fuddstone

Yes in my original post I was talking about energy not just electricity (electricity just being one source of energy). I researched this in some depth on Friday and I think my numbers are reasonably accurate although the research is tricky to unravel to be fair.

I came up with

total energy consumption of uk is 1700 twh made up from different original sources of

725 twh of Gas

580 twh of Oil

132 twh of Nuclear

148 twh of Bio (primarily from wood products and waste)

82 twh Wind

15 twh Solar

Plus a few other bits and bobs.

With regard to solar. Shotwick one of our biggest solar farms is 250 acres and generates 72,000 mwh of energy which is 0.072 twh. We would need 23,600 Shotwicks to generate our total energy needs of 1700 twh which would cover 6 million acres or 9,200 square miles (call it 10,000).

200,000 wind turbines or 10,000 square miles of solar farms are the 2 extremes of each source but of course it will be a combination of the 2 and maybe some nuclear. But this just illustrates the scale of the problem if we want to move away from fossil fuels and into renewables.

Hi cunningfox just to reassure you on the numbers. We consume 1700 twh of energy a year from all sources of which 82 twh comes from wind and 15 twh comes from solar.

Hi Fuddstone sorry my facts were correct. The figures you refer to are the figures for just electricity consumption/generation not total energy consumption. The UK total energy consumption is 1700 twh per annum of which 82 twh comes from wind and 15 twh comes from solar.

I have been enjoying an interesting debate with my young nieces and nephews about energy generation and climate change. Currently we generate 4% of our energy from 11,500 wind turbines and 1% from 100 square miles of solar farms. By simple extrapolation that means we need to build 200,000 more turbines or 10,000 square miles of solar farms in order to meet net zero via renewables by 2050. They won’t have it! Am I missing something. Also noone disputes we will need oil and gas for at least another 30 years so why on earth are we importing when we have these resources right in our doorstep .. it seems completely insane but again they say no we must continue to scale back our fossil fuel production and import these resources so zero impact on global emissions and we lose a load of jobs and a pile of tax revenue.

I know I am nearly 70 and might be considered a bit of a dinosaur but I’d be keen to identify the hokes in my theories!!

I have been enjoying an interesting debate with my young nieces and nephews about energy generation and climate change. Currently we generate 4% of our energy from 11,500 wind turbines and 1% from 100 square miles of solar farms. By simple extrapolation that means we need to build 200,000 more turbines or 10,000 square miles of solar farms in order to meet net zero via renewables by 2050. They won’t have it! Am I missing something. Also noone disputes we will need oil and gas for at least another 30 years so why on earth are we importing when we have these resources right on our doorstep .. it seems completely insane but again they say no we must continue to scale back our fossil fuel production and import these resources so zero impact on global emissions and we lose a load of jobs and a pile of tax revenue.

I know I am nearly 70 and might be considered a bit of a dinosaur but I’d be keen to identify the holes in my theories!!

As a first step (ignoring dilutions etc) it would just be nice to get back to the old 1p level where it drifted along for years until 2021. With all the progress since those days it is hard to believe the share price is still below those levels.

Agreed I thought this news would finally get us back over 15p. Weird indeed.

You haven’t missed the boat as hopefully the boat will be heading north soon in the direction of 50p (old 1p) then upwards to £2 (old 4p) in fairly short order. The great opportunity to top up was earlier in the year; I managed to double up at 14p which I was happy with.

I don’t believe MHRA ever responded to SARs request for clarification of the extra information required so in the end SAR gave up with them and very astutely moved things to Australia. They deserve full marks for that.

The continued successful progress of 1801 through phase 1 and on towards phase 2 just highlights the disgraceful ineptitude of MHRA in inhibiting and obstructing the progress and testing of this potentially world beating drug in the U.K. They should hold their head in shame at their utter incompetence.