Member Info for Taverham

89p

Our problem - we have'nt proved we can manage a mine and produce decent cash flows over the medium term so investors are wanting the shares at a low price to reflect that.

Cev, Well done - your investment choices have been better than mine - over that same period I likely doubled or trebbled my invested capital [in shares] which was around the same as my property gains as the gearing from my mortgages was a great help. Just now my rent is £48.6 k per annum , so I am not doing as well as you on that front either!

Explicit, my view on mortgages- simple question can you get an after tax return with low risk higher than your rate? If the answer is yes, max out the mortgage if the answer is no minimise the mortgage, if the answer is i will break even - keep a decent size mortgage as you have cash to play with. I tended to max out my mortgage over the 38 years that I owned a house , peaking at £800k about 10 years ago and it worked for us. However, we sold up and moved into rented 2 years ago because I could see house prices were starting to fall. We are buying again just now and will pay cash - no mortgage [ even though I could run one until I am 80] because I cannot 'guarantee' 5% after tax, being a 40% tax payer. As it happens I have owned 9 houses [sequentially] over the years and RR shares since privatisation and this is my first stint in rented accomodation - I love it - total freedom from repairs etc but my wife hates it. Good luck with what you decide but remember the value of shares can plummet but house prices only move slowly in my experience.

Jim, I agree that odourant might not escape where hydrogen can escape on account of molecular size but the issue is whether sufficient hydrogen could leak to create a hazardous atmosphere and that is unlikely in the extreme , unless there was a large leakage path.

@sair, Hydrogen leakage will be an issue and if it is to be used in the Distribution networks, it will need to be odorised in the same way methane is and reported leaks will no doubt rise. Embrittlement sio also an issue and the likely remedy will be to run the stell mains at lower pressures reducing capacity. I suggested 'limited' because only a small part of the NTS is being included in project union , indicating there would be limited supply and or demand - hence a low capacity network compared with current NTS capacity.

No quotation to buy now for over 15 minutes? Why???

As someone who has worked in the gas industry and for national grid for many years let me outline my views;

1. The replacement of gas mains in streets is a 30 year safety programme which sommenced in 2002.

2. Project Union allows for limited hydrogen use in parallel with the existing Gas transmission network.

3. In cold weather the gas network deliver 4x the energy of the elctricty network.

4.the elctricity network was constructed over the last 100 years or so. Even if we could afford to replce /upgrade it there is not enough cabling of labour available to do so.

5. the uptake of electric cars will exacerbate network constraints.

6. the laws of physics and challenges outlined above dictateswe will need to deliver energy into people's homes by the gas network for at least the next 30 years or so.net zero as outlined by our politicians will not happen.

7. listen to your gas engineers who tell you what is really happening or read any of the publications of professor Sir Dieter helm of Oxford university , if you have any doubts on the above.

Doubting Tom, I doubt you are right.

Sale of Aerostructures looks like a real positive to me - expecting 10p on sp today. - We shall see - depends if the market already knew.

I was convinced that we would attract a premium [ based on p/e numbers] once we had a worldwide footprint rather than just UK plus. However that has not happened, in fact it seems the market values us less than if we were split into 3 , USA, UK and Europe/ROW. At some point our worldwide footprint will be recognised and if not Pentland will do something with our model imv.

No point anyone ramping or deramping this stock on these boards - PIs are irreleavant to sp movement at this mcap.

Low volumes on ASX again , only 340k shares traded so far today and price 0.14% lower as the aussies largely ignore us.

Is actually 5.9% says thye ONS - that is the RPI figure - remember the one that includes housing costs, the one which junior doctors refer to . The Bnak of England are clearly in cahoots with Reeves to try and inflate away government debt, at the cost of our savings. Frankly, if they are serious about 2% as a target interest rates need to rise to 6%. Had the bank been tougher throughout last year the target might have been reached. Bailey needs the sack.

Yes, the volume picked up after I posted - still looks low to me- the Aussies are spoilt for choice it seems!

None in australia- asx indicate just 160k shares traded all day - tiny volume!

Topped up at 223p - Bargain shares from Bargain stores

£3.39 on asx just now.

From RNS.We are enjoying excellent operational performance, strong prevailing gold prices, cash growth and anticipate further success'

SP should rise again today imv.

Who is more inept? Reeves for stalling the UK economy or Bailey for saying we need to cut interest rates when inflation is still around 5% , as measured by RPI?

God help us.