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That was an unexpected and highly expensive typo in the Q2, 2023 Provisional Revenue Adjustments now missing Euro 6.8m as a result. What happened to these payments?

Someone had their chequebook out today Avg daily volume was up by 69% and the share price jumped up by over 5.5% on the day may be undervaluing buyers are getting in at a 7.5% div what is their house party?

The UK government has said that it will announce its decision on which SMR technology to support by the end of 2023. Rolls-Royce SMR is one of the two SMR technologies that have been shortlisted by the government. The other shortlisted technology is from NuScale Power.

Once the government has made its decision, Rolls-Royce SMR will need to work with the government to finalize the details of the project, such as the location of the factory and the timeline for construction. It is likely that there will be some news on this front in 2023.

In addition to the government announcement, Rolls-Royce SMR is also progressing through the Generic Design Assessment (GDA) process. The GDA is a rigorous safety assessment that all new nuclear power plants must undergo before they can be built in the UK. Rolls-Royce SMR is expecting to complete the GDA in 2024.

Once the GDA is complete, Rolls-Royce SMR will be in a position to start building its first SMRs. The company has said that it could start construction of its first SMRs in the 2020s.

So, to answer your question, the next major news on Rolls-Royce SMR and the UK government is likely to come in the second half of 2023, when the government announces its decision on which SMR technology to support. However, there may be some news on the GDA process or other aspects of the project in 2023.

Hi Multipass interesting post I see you have just joined our community welcome onboard and it's a virgin post for sure hope you have some key metrics that support your views it would be helpful if you can fill in the blanks in your statement below

Total commercial flights 7-day average as of 14 July now stands at 131150 compared with 125618 in 2019 a build of 5541 flights these increases in flying hours are a leading indicator and may sooner or later help to divert the SP to take off and fly out of the current static consolidation pattern ahead of the incoming result on the Aug 3.

Dazpink agree 100 pct let's roll together ;-)

Yes NTC it spiked like that back in July 2021 from 7p to over 25p only to crash back down to under 10p literally in weeks that followed one may need a full tank of oxygen to ride that poppy https://www.youtube.com/watch?v=MQk2kG98KoY enjoy the voyage

Annual consumer inflation in the United States cooled to its lowest rate since 2021, the Labor Department said Wednesday, an encouraging sign for policymakers who have been battling to rein in cost pressures.

The key inflation gauge, the consumer price index (CPI), rose 3.0 percent from a year ago last month, down from 4.0 percent in May and slightly lower than analysts expected.

bys/mlm

(c) 2023 Agence France-Presse

eusebius > you betray your ignorance with the belief that companies and shares prices are the same thing. there probably is a stock market for dummies book you could profitably read. i know this company very well and my target is a technical one.

me? i'm just a nut case or ****** who doesn't know what i'm talking about. i guess i should just go back to my stock market for dummies book and learn to be a real investor like you.

oh, and by the way, i'm not a new poster. i've been following this board for years, and i've seen a lot of nut cases and ******s come and go. but you, sir, take the cake. you are the biggest nut case i've ever seen.

i hope that your technical target works out for you. but i'm guessing that it won't. you see, real investors don't insult other investors. they respect other investors' opinions, even if they disagree.

so, good luck with your technical target. but i'm guessing that you're going to need it.

Badland It is difficult to say for certain whether Rolls-Royce will receive a firm order from the government for its SMR design. However, the fact that the government has already invested £210 million in the development of the design is a positive sign.

The government has said that it is committed to supporting the development of SMRs in the UK. This commitment is reflected in the government's £210 million investment in Rolls-Royce's SMR design.

The Rolls-Royce SMR design is one of the most advanced SMR designs in the world. The company has a strong track record in the nuclear industry and has a good reputation for safety and reliability.

The Rolls-Royce SMR design is also relatively cost-effective. This is important for the government, which is looking for ways to reduce the cost of nuclear power.

Overall, the Rolls-Royce SMR design is a strong contender for a firm order from the government. The company has a good track record, a strong design, and the government's support. However, the government will need to carefully consider all of the options before making a decision.

Here are some of the factors that the government will likely consider when making its decision:

The safety and environmental impact of the SMR design

The cost of the SMR design

The availability of suitable sites for the construction of SMRs

The level of private sector investment in the SMR project

The overall economic benefits of the SMR project

The government is expected to make a decision on SMRs in the coming months. It will be interesting to see whether Rolls-Royce receives a firm order for its SMR design.

The UK government has not yet announced a specific date for making a decision on SMRs. However, according to Andrew Bowie, the minister for nuclear, the government is expected to make initial announcements about the competition in October 2023 and then reveal its final conclusion "early next year".

The government has said that it wants to deploy a First-of-a-Kind SMR by the early 2030s. This means that the decision-making process needs to be completed in the next few years.

The government is currently considering a number of different SMR designs. The most advanced of these designs is the Rolls-Royce SMR. Rolls-Royce has already received £210 million in government funding to develop its SMR design. The company is currently in the process of completing a Generic Design Assessment (GDA) of its SMR design. The GDA is a regulatory process that assesses the safety and environmental impact of a nuclear reactor design.

The government is also considering other SMR designs, including those from companies such as NuScale Power and Westinghouse Electric. The government is expected to make a decision on which SMR design to support in the coming months.

Once the government has made a decision on the SMR design to support it, it will need to identify suitable sites for the construction of SMRs. The government is expected to launch a competition to identify suitable sites in the coming months.

The construction of SMRs is expected to take several years. The first SMRs are not expected to be operational until the late 2020s or early 2030s.

The government's decision on SMRs is a significant one. SMRs have the potential to provide a low-carbon source of energy for the UK. However, the government needs to carefully consider the safety and environmental risks of SMRs before making a decision.

Steady as she goes the levels on either side of 130/160 have so far not been violated so basically we have not had any turbulence in the SP in either direction now counting 18 inside weekly bars and with the result coming August 3 one might expect a reasonably steady course until then.

sw sweden has been there before with b****bäck and it's now looking at getting back to the table. ;-) enjoy the voyage

NTC Sounds good Pal.

*NTC

Onthecoast > nice post the graph unsurprisingly mirrors the SP of RR in the past year perfectly. As of July 7, the 7-day moving average of flights stands at 224900 per day compared with 201561 pre covid 2019 that's a more than 10% increase and compared to 209765 in 2022 the numbers are real data. I can hear the sound of music for NCT

https://www.youtube.com/watch?v=LoW_AddZKkU :-) have a great weekend Roger and out

Bertram, you are quite right. The UK government will soon realize the many skilled jobs that come along with small modular reactors (SMRs). If they choose to go with competitors, they will be torpedoing the UK economy back to the Stone Age.

SMRs are a key part of the UK's future energy security and economic prosperity. They are clean, safe, and efficient, and they can be deployed quickly and affordably. They will create thousands of high-skilled jobs in the UK, from manufacturing to construction to operation and maintenance.

The UK government has a golden opportunity to lead the world in the development and deployment of SMRs. But if they fail to act now, they will miss out on this once-in-a-generation opportunity and risk falling behind other countries.

We/RR Shareholders should all urge the UK government to seize this opportunity and invest in SMRs. It is the right thing to do for the environment, the economy, and the future of the UK.

Owl/LTI/Badger are all spot on the PRESS with all their spins to sell papers that are easily consumed by the daily reader it's all propaganda to suit their narrative, however at the end of the aisle, nobody wins against Mr Hyperinflation it's the destruction of FIAT currency. FB agree Starmer's attack on the O&G industry among others in the midst of an energy crisis is bizarre.

Badland NTC the Mercat is SpotOn without RR regaining 1) Investment Grade and 2) Return to paying out Dividends the ''real institutional money float'' is not likely to fly or take part/off anytime soon. In the meantime, the SP shall most likely stay within its current taxxing range (130-160) until the results in August and the expected upgrade by the rating agencies is eventually confirmed on the back of recent successes/orders Meanwhile SMR is the future generation NET ZERO. and then maybe we see the SP going '' VTOTTM'' IMOO DYOR GLA

Badland in order for the SP to properly move direction north at least two things need to happen 1) Investment Ratings be reinstated and 2) Reinstatement of Dividend payments once these are secured the SP is going to take off vertically unless another black swan event unfolds off course GLA