Member Info for Tantalum

Isla I have just inherited perhaps... part of my mothers estate that contained shares held in an ISA II account and a trading account. There are multiple options as to what II will let you do with the shares. The first thing you will need is a grant of probate as you will have no authority to do anything until you get this. Then options will incluse, conversion into paper shares, transfer of shares into another account or shares sold converted to cash and transferred to the executor/s. When it comes to capital gains it depends on what you do. The value of the shares for IHT puprpose is valued on the date of death + or- one day. Ant change in value after that date is eithe a capital gain or a capital loss, but if you transfer the shares they assume the value at IHT valuation time ( date of death) and CGT is then a case of allowances and gains realised subsequently by the holder of the recipient account. If you sell and convert the shares into cash then gains will be liable for cgt, but the estate has awarded to it temporarily a CGT allowance for the duration, the exact time limits on this I never needed to find out. If there are a lot of shares and more than one you can mix the two approaches, transfer the shares of one and handle any CGT in recieving account and sell the other and use the CGT allowance for the estate. Which is what I intend to do as the share account has gained 6K already since death and probate will not be forthcoming during this financial year unless the dozies dealing with it suddenly get things done. I submitted it weeks ago but oft takes months.
Sorry for your loss. it is a time where there is much to do and some of it is a minefield. Best of luck.

18/12/2022
System Entry Volume, Saltfleetby, D+1
0.1358

Nuclear fusion as used at the NIF is not a form of renewable energy but a form of nuclear energy. This is just another step along the way, there are many many technical barriers along the way. Nif laser approach is considerably different to the Jet/torus designs that require plasma containment.

I know Mr Sebas evangelistic energy presentations seem very compelling, but it's full of spin, averages, generalisations and exaggerations.
I believe there is benefit in cheap solar and wind energy. I believe ther may be some role for battery storage. I think the prospect of Most people being able to have a solar/wind/battery off grid installation is a pipe dream with current technology.
I have a solar system on my roof. I am just fitting a multi kva lifepo4 storage system to maximise savings.
So I have spent quite a bit of time analysing usage, availability and cost.
I use 130 Kwh per day currently. It is cold. Most of this is heating and with a heat pump returning an average cop under winter conditions of 3.15 I could reduce this demand to 50 Kwh. The average daily output of my panels at this time of year would not meet 10% of this. I would need a significant wind generator, planning permission would be unavailable to all those not in isolated rural locations. So a battery would need to store summertime energy for winter use- not possible as my total yearly generation is less than my total usage.My roof is 75% solar panels, there is the garden but even that completely solared would be unlikely to meet the shortfall. I would also need a storage capacity of 60% of yearly capacity to utilise all summer surplus in the winter. A battery of just over £100,000 would store sufficent to enable it's full utilisation. It might not however cover with a sufficient margin for a poor year. Without wind a self sufficient energy system is not viable domestically in the united kingdom.
He further claims that solar is just cents per watt. When I insatlled mine 10 years ago it was £2.10 per watt.
A neighbour has recently been quoted for a similar size system at £1.10 per watt. Not cents per watt and certainly not a 80% drop in prices in 10 years.
Industry will probably be paying cheaper rates, no doubt, but he promotes the idea of off grid small standalone year round generation.
It may be viable in some countries but not here.
He goes on to say thsat nowhere in the world needs more than 3-4 days of storage with wind/solar/batteries. He then later explains the scenario for Germany where he stipulates 110 hours of battery storage. Contradicting himself in minutes.
There is a great future for renewable energy as an add on to conventional in some geographical areas and as a main source in others until a new technology emerges. ( fusion). The idea he peddles of it being a low cost upgrade for all people in all places is absolute green fairy insanity.

You would think it's easy to come by accurate up to date clear information about energy sources. Take for example energyguide .org who and I quote "An unbiased and respected voice in the UK energy market, "
From their page on energy sources I quote
"However, the good news is that electricity production via fossil fuels was down to roughly 35% in 2021 compared with over 75% in 2010.
Additionally, zero-carbon generation overtook fossil fuel consumption in 11 months of the year in 2021 reaching 85% (wind 39%, solar 25%, nuclear 20% and hydro 1%)

The 35% bit and the zero carbon at 85% seem to indicate a significant inconsistency.
Too many people have an agenda when it comes to energy and the data is often vague confusing or implying an error.

The national grid have plans in place to deliver energy of the network that will by 2030 ( they hope ) will see photovoltaics capacity grow from 14 Gw to 70 Gw and wind capacity grow from 11 Gw to 50 Gw. Now with an average peak demand of about 45Gw and a capacity of 120 Gw in the 2 renewables, capacity seems overkill. This is the unrelable nature of renewables. To suplly enough when wind is scarce , you need considerable overkill.
Even if you multiply existing solar and wind by the intended % capacity increases, we would have had a peak of 8Gw of generation from renewables today, but only during daylight and thereafter a little under 5. On todays figures that's a shortfall of 37-40 Gw of which nuclear does about 5.75 Gw and gas is intended to be eradicated. ( at some point ) So where will the other 32-35 Gw come from in wonderful net zero?
Batteries - ha... Imports? More nuclear- that soon?
With such an enormous expansion of renewables planned it is shocking to see the shortfall that even a vastly expanded renewable provision will still leave us with. The there's the cost of building something ( that big ) that when the wind don't blow will sit there doing nothing.
I do not believe the planners have a plan. Big batteries. Or enforced power management? ( cuts)
Todays power import has averaged 14-15%
That will not be cheap with power quoted at eye watering prices at 5-6 pm today
Worry not we will be the Sudi Arabia of wind ( or is that hot air)

The pressure in the well might have been affected when somebody with a very long drill just made a hole in the top of our gas formation.
I think it could have been Just Stop Hedging.

Are you sure that's drivel on your chin.
Must be I declare it established science.

oops

28/11/2022
System Entry Volume, Saltfleetby, D+1
0.1775
29/11/2022 12:01:00

27/11/2022 00:00:00
27/11/2022
System Entry Volume, Saltfleetby, D+1
0.1761
28/11/2022 12:01:00

Never in the field of human madness have so many lies been told to so many people by such an ugly little git.
Market forces can be informed with nudges from Government when proven science is evident.
Proven science is a rare commodity as science is something that evolves. Anyone who tells you the science is settled is no longer talking about science but blind faith.
The proof we have so far is practically non existent. Algorithm based models are not proof. If anybody thinks they can model the climate accurately they have god delusions.
A coomon condition in Westminster.

Well the BOD may not care who owns the company. As long as there is a nice little money puddle in the bank to keep them in the manner to which they intend to be accustomed, why risk p8. Bird in had ,2 in bush.
Obviously investors might see a different risk/reward equation.

31/10/2022 31/10/2022 System Entry Volume, Saltfleetby, D+1 0.1747
30/10/2022 30/10/2022 System Entry Volume, Saltfleetby, D+1 0.1759

Well the number is very difficult to be up to date on. The latest ONS figures I have are for 20/21 and I am led to believe that completions and starts this year are 18% up on last. Figures I have for scotland are to 2020 and for wales i didn't bother to look for. I spent long enough looking and I didn't need to gild the lily.
ONS tells be the number of extra dwellings to 2021 was 216,000. For Scotland there was an increase of 19,000. So we have a figure of circa 235.000 which seems to have been exceeded this year by 18%? co certainly in excess of 250,00 with an average occupancy I have from census records of 2.7 so enough space for over 675,000 without wales.
I expect the number to be somwehere over 700,000 , but I think anyone who has spent anytime driving around the country recently will not be surprised by this figure.
They're building as fast as they can, Why wouldn't they at current prices. It's better than a printing press.

We don't have a supply side problem, it's a demand side issue.
We've been building for the last year at a rte only limited by raw material supply limitations, logistic constraints but still managed to build enough houses for 3/4 miilion people.
Clearly this ponzi scheme has further to run.

I have just heard out glorious leader telling the great unwashed that he full expects to pay more blood money to the UK goiv.
I would prefer a CEO that represents the interests of the shareholders and would syop being enthusiastic about giving away money that is not his to give,
Giving away other people's money should have a name.
Anyway I promptly dumped 1500 of my holding to cut my exposure to the CeO

Yes muddy shale instead of crispy shale. Of course you can never be sure until you drill down a bit. I think fracking should be allowed because there is no significant danger, plus let the market decide to see if it's feasible.
I think we're in the position where we need more data and so several feasibility/pilot sites might provide some answers.
Whatever the answers are, there is currently a strong anti-fossil movement that have a blinkered approach to energy.
Just Stop Oil.
Unfortunately it looks as thogh Rashi Sanuk may be one of them.
I prefer the scientific approach, not the evangelical compulsory climate insanity disorder.
There's much to be said for renewables, but reliability isn't one of them unless you have vast hydro potential.
Let the market decide. Imposed solutions are inevitably agenda laden.

Immigration at current rates is not sustainable and is going who know where. If it's a plan, it's one behind closed dorrs. One thing you seem to confuse, immigrants and immigration are two different things.
Too many beds in a bedroom is a problem of management not a critique of beds.
My main issue is of government veracity.

It's just semantics. A tree born of a tomato seed is still a tomato? The definition you seek seems to be a variable one. All I would confirm is that they are the uk born product of immigration.

UK unemployment is at best an inaccurate measure of the truth. Some registered will be claiming allowances while working in the black economy, ewhile most in the black economy will not be registered UK residents.
They sat the black economy is over 150 billion, but no one knows the real truth. Same as population growth. Blair the engineer of the modern high immigration religion said we needed immigration because of falling birth rates. The population the was 56 million, now its 69 million, so despite falling birth rates we see an increase of 13 miilion. Of course no one believes the Gov figures on population. Mobile phone use suggests a population odf 81 million I am informed, whilst sewage figures suggest a population of 77.5 miilion. So do we have 25 million more than when Blair took office or not?
No one knows and it seems the government has done all it can to make sure no one knows.
If you cannot trust the Government they are unfit for purpose and have been for decades.
All I know is the quality of life has deteriorated, public services have disappeared and roads are clogged like it's Armageddon. I don't know the real numbers, but I do know it's wrong.
Unemployment in the UK sweat shop ecenomy? No one really knows or cares it seems.

I just love it when the CEO, who is there to run the business efficiently and return the profits to it's owners ( the shareholders) instead decides he has a chance for great virtue.
So he steals the money from the shareholders and gives it away to the needy.
Sounds like theft and conspiracy to fraud to me.
Can't we just send him down an oil mine in the Nortrh sea and tell him we will give away whatever he can dig out.
What a total pathetic excuse for a 'business' man.
With great virtue comes great immorality.