Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Frankly it’s bonkers, 6 designs accepted, though as RR stated they’re 2 years ahead and the only approved design in Europe. We can only hope that common sense, sadly lacking in our political classes, actually holds sway
Https://www.euractiv.com/section/energy-environment/news/us-aiming-to-deploy-europes-first-small-modular-reactor-in-late-2020s-official-says/
Time we really pulled out the stops as a country
Https://www.hl.co.uk/tools/calculators/capital-gains-tax-calculator
Metom. Not a place this for politics, but frankly we have very few in our political parties with ANY clue. Costs, quality and IP theft are a real problem in China, why with all the modern tech and production capabilities are companies not investing in the UK? Because they'll be taxed to high heaven and the workforce isn't motivated due to generally poor wages and shocking levels of personal not to mention business taxes. IR35 has taken out a huge swath of mature talented and generally hard workers as well.
It’s been a bit of a developmental cash burner in the past. Once there’s a sign Tufan isn’t moving back to BP, the reorganisation plans are visible and we have the next set of results this will pop once more. Oh and an order for SMR would be a touch handy too!
Contract signed on the back 9 no doubt
Their profit margin seems ludicrous even without the £100m loss based on a very bad contract. Though why there’s no immediately apparent force majeur due to Covid I do wonder just how bad the wording of their contracts are!
NTC, I hope you’re right. Contractually this is way more complicated than the military contracts for reactors in military vessels. There’s also caution I’d suspect around the supplier partners like lang o’rouke who are heavily tied up with HS2 and therefore cost control and in time delivery will be front and foremost. After all we don’t want them as a conglomerate to repeat the EDF experience
Unless there’s a big announcement re SMR, an early set of guidance or something else seriously upbeat (I know there’s been loads and we know what happens usually) we’re hovering on that frying pan handle again for a while. Just a case of siting back and waiting or doing some day trading on this one until results come out, then 😀
Sadly in this world money speaks and louder than humanitarian issues. Whilst I absolutely agree with NTC’s views and sentiments and those that point out correctly imho where it’s going at home, we are here solely to discuss matters RR and make money.
Marab
A lot of business has been done on the cloud since the early 2000's, I was in the industry selling and using the tools and it has it's place. It has to be said though that there's nothing quite like actually meeting people to build relationships in business