Member Info for tottyman

Even the bod stated at agm 2022 that value won’t be released till sold or JV .

Worthless till sold or JV or Sres start production on their own ( not going to happen without further massive dilution ) .

It was actually 2020 when this statement was made by cheatem

“We are moving forward with more detailed engineering and financial planning as we aim for first commercial production in Spring 2021."

Rubbish .it’s worth nothing to anybody until it’s sold or a JV.out of desperation because neither is achieved sres will try to go it alone ( that won’t happen either as they don’t have funds to do it ) cheatem stated production quarter1 2022 (( that was bull and a totally misleading statement to investors )

It’s worth diddly squat until this moronic bod and cheatem actually produces a sale or JV .it looks like neither is going to happen as they are watching how others who have set up pozzalan production are doing .that’s the direction they are going out of desperation as they have sweet fa to deliver to shareholders . Anybody ask ed the bod if the companies who agreed to mou,s are still around? For cheatem to state discussions ongoing after a year is unacceptable . Led up the garden path ? Cheatem needs to step up Orstep down as well as the other morons on his bod . He’s had 17 years of delivering nothing but dilution .

As I recall the same was said at last years agm!

Perhaps Cheatam and his bod can explain the decline in sp.I’m sure those investors that have participated in his fundraisers over the years that are now sat on significant losses will be all ears

So we continue having discussions , that’s not negotiations . I have discussions everyday Patrick !

Nothing new !

Not this year .I’ve got better things to do than listen to this shower

One thing that needs to be done at the AgM is to address shareholders concerns in relation to C S .some pretty informative dialogue needs to come out and yes less of the smoke and mirrors .

PC has used the same statements here in rns,s . One stated many multiples of current sp ,I believe that was once mining permit wax to be granted .think is what PC says and what is actually happening are two entirely different entities in his mind

Going to agm to listen to more excuses , bull**** and pain from pc . Step up cheatem or step down !

Maybe this year you could attend ( you’ve never been have you ! ) .it will be my fourth year of attendance if I decide to go

along lower bids to project proponents, and thereby win additional business. Companies that invest in carbon-reducing practices, such as increasing use of SCMs in their mixes, switching to cement produced using lower carbon fuels or at plants employing CCUS technology, or finding suppliers in closer proximity to their ready-mix plants, will have a significant advantage over companies that are slower to act. Investment in carbon reduction will, potentially, become an essential catalyst to staying competitive in the market.

The tax credit system is also uniquely designed to stay ahead of the curve. NJDEP has the power to shift the concrete carbon baseline lower, thereby forcing producers to bring embodied carbon levels down even further to continue to qualify for the full tax incentives over time. The approach in New Jersey goes further than the federal Buy Clean initiative, which sets embodied emissions benchmarks for various materials that federal project suppliers must meet to be considered for federal contracts. In New Jersey, suppliers must bring embodied emissions below the threshold in order to qualify.

One criticism is that the state has only allocated $10 million in tax credits per year to qualifying companies, and no producer may win more than $1 million in credits in any year. But the law will do its job if it succeeds in nudging the concrete industry toward a lower carbon norm.

Many stakeholders hope, and some even predict, that the New Jersey approach will be quickly adopted by other states. Neighboring New York has been studying a low-carbon concrete program and is set to consider legislation in the coming months. Now that New Jersey has acted first, many hope that New York will also opt for an incentive-based approach that could rework the economics of concrete production in the Empire State. Other states, such as California, could also consider the model in the coming years. Of course, the biggest prize would be the federal government, which is one of the biggest concrete procurement entities in the world and could radically reshape the industry if it adopted an incentive-based model for carbon reduction.

The New Jersey program also arrives just as municipalities across the nation, including New York, Boston, Chicago, Seattle, and others, are implementing programs to reduce carbon emissions from their built environments. Broad availability of low-carbon concrete would improve the emissions profiles of many buildings and their supporting infrastructure if widely adopted, and cities would be wise to consider incentive programs similar to New Jersey’s in order to put this technology into wider use.

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Innovative New Jersey Low-Carbon Concrete Law Could Jumpstart Infrastructure Decarbonization Nationwide
Blog Environmental, Social and Governance (ESG)
Duane Morris LLP logo
David Amerikaner
USA February 10 2023
Recently enacted legislation in New Jersey to encourage the use of low-carbon concrete in state-funded construction projects could not only yield significant reductions in the carbon footprint of Garden State bridges, sidewalks, and foundations, but could be used as a model by other states and the federal government.

The law, known as the Low Embodied Carbon Concrete Leadership Act (LECCLA) (S-287), offers tax incentives for producers who supply state projects with concrete containing reduced quantities of embodied carbon. As a first step, the New Jersey Department of Environmental Protection (NJDEP) will publish rules establishing baseline embodied carbon quantities for concrete. Beginning in 2024, concrete producers who supply at least 50 yards of concrete to state-funded projects and whose product contains less embodied carbon than the baseline will be eligible for corporation business tax (CBT) credits of up to 8 percent of the total cost of the contract.

Several means of reducing embodied carbon in concrete are incentivized by the law. Producers can obtain tax credits of up to 5 percent by reducing embodied carbon in concrete by: (i) improving energy efficiency at the cement plant or concrete plant stages; (ii) substituting low carbon fuels for carbon-intensive fuels at the cement plant or concrete plant stages; (iii) using locally sourced ingredients in concrete mixes, reducing transportation-related emissions; (iv) reducing cement content in concrete mix by substituting materials such as fly ash, ****, or recycled ground-glass pozzolan (collectively known as supplementary cementitious materials, or SCMs), to reduce the quantity of emissions-intensive cement in the mix; (v) capturing and storing point source carbon emissions during the cement plant or concrete plant stages; or (vi) utilizing and storing carbon in concrete. An additional 3 percent tax credit will be available to producers who use carbon capture utilization and storage (CCUS) technology in the concrete manufacturing process. The two tax credits can be combined.

Concrete producers will need to submit verified Environmental Product Declarations (EPDs) for the concrete they supply to state projects in order to become eligible for the tax credits. EPDs are measurements of the life cycle environmental attributes of a particular product, in this case total carbon emissions, using an ISO-published methodology.

Because of the low margins in the highly competitive concrete industry, producers may be able to take advantage of any cost savings generated by these tax credits to pass

PC needs investors approval to continue raising funds at the AGM .He won’t be getting what he wants in relation to this agenda item without announcing something to keep investors interested prior to the agm imo .

How long have you two muppets been holders here .please tell everyone what occasion delivered since 2006.the answere is sweet fa

Well as I’ve said the agenda item where the Bod want to continue raising funds ? Does they honestly think without any news on CS that there not going to get opposition and possibly it not being agreed by shareholders

Well after been invested from barite days , long lake , I’m Ow of the opinion investors are being mugged off . Now for those that don’t know what that means it’s the equivalent of going the loo and someone smashing the **** out of you whilst you’re still holding your **** .well done Patrick ? Toilet break eh?