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birnam
Posted on: Sep 18 2020, 10:15 AM


Group: Member
Posts: 111

This research was awarded the Ig Nobel prize for Psychology. May there be more like it.

https://arstechnica.com/science/2020/09/bel...g-nobel-prizes/
  Forum: Off Topic Chat

birnam
Posted on: Jun 26 2020, 10:28 AM


Group: Member
Posts: 111

Various proper news services (BBC, Reuters etc) are also reporting bald men are seemingly at higher risk - something to do with testosterone type - but smokers are under-represented in hospital admissions.

I'm the wrong sex, wrong age, follically challenged and I don't smoke. Bugger.
  Forum: Off Topic Chat

birnam
Posted on: Mar 26 2020, 10:48 AM


Group: Member
Posts: 111

Plastic,

The part that scares me is I don't know whether you're posting this stuff because you believe it or you're having fun stirring the pot.

Regards,

Lance.
  Forum: Off Topic Chat

birnam
Posted on: Feb 14 2020, 09:40 AM


Group: Member
Posts: 111

We will see how much water gets through. NSW lifted its moratorium on pumping from northern-Darling catchments for 3 days. Qld never had a moratorium so water harvesting with pumps is presumably happening. Capture of overland flows are another issue. Some have some regulation, others are open slather.
  Forum: Investment Discussion

birnam
Posted on: Feb 12 2020, 09:28 AM


Group: Member
Posts: 111

Cummins should demand a recount. Batsmen friendly pitches and grounds, rules and now voting it seems.
  Forum: Off Topic Chat

birnam
Posted on: Feb 6 2020, 09:52 AM


Group: Member
Posts: 111

Yeah, electric cars are the future. Where they're getting the electrons from to power them is still to be explained. At roughly 4kW of electricity needed for each litre of fuel displaced that's an awful lot of solar panels, wind or gas turbines, transmission lines and storage to fill the need.
  Forum: Investment Discussion

birnam
Posted on: Dec 3 2019, 10:48 AM


Group: Member
Posts: 111

Bradman, by his own admission, was a bit of a flat-track bully too. Hasn't stopped lots of people holding him in high regard.

I'm stirring the pot. Having said that I'd rather see a batsman make a 100 in a contest with ball, pitch and circumstances rather than 2- or 300 in a batathon.
  Forum: Off Topic Chat

birnam
Posted on: Sep 23 2019, 10:03 AM


Group: Member
Posts: 111

Also still to solve is where the electrons and grid are to come from to keep them going. Engineers from the likes of Mercedes Benz have been banging on about this for ages. For every litre of fuel (9-11 kW of energy) displaced will need 3-4 kW of electricity from somewhere. EVs will happen, as city runarounds they're compelling for their fuel cost and low pollution and, hopefully, lower maintenance costs. Ownership costs are still high when you consider purchase cost and potential battery replacement.

Then there are the unknowns. The internal combustion engine is fantastic as long as you ignore costs like environmental damage. After all, a century or so ago the ICE was seen as solving the environmental degradation horses were causing. EVs might have similar downsides: some of the mining and chemical processes to produce the necessary metals are horrendous. Peak oil is spoken of but what about peak lithium?

Interesting times.
  Forum: Investment Discussion

birnam
Posted on: Jul 29 2019, 09:19 AM


Group: Member
Posts: 111

I've never been in the heady world of being an elite athlete so know nothing about the supplements they consume. My wonder is why don't the athletes take a sample of each tin, bottle or box and securely store it for testing if needed. Contaminated supplements or food, for all I know, could be a valid excuse or reason.
  Forum: Off Topic Chat

birnam
Posted on: Apr 1 2018, 10:08 AM


Group: Member
Posts: 111

At first glance I too thought the sanctions hit the mark, now I'm not so sure. That's because I'm not sure other countries will mete out such punishment to their own players when they're sprung for illegalities or boorishness.

I was disappointed by the cheating and its stupidity, but fed up by the boorishness - particularly the de Villliers dismissal in the first Test. Fat lot of good it did anyhow; ABV and Markham haven't stopped scoring runs since.

My fear is we'll swing too far the other way by expecting choirboys and saints without a bit of competitive mongrel.
  Forum: Off Topic Chat

birnam
Posted on: Mar 26 2018, 10:36 AM


Group: Member
Posts: 111

Greg Dyer is still the benchmark for cringe-worthy, shameful (or should that be shameless) cheating. What sets this lot apart is so many of them thought it was a good idea and even more of them played along with it. Unbelievable, except I have to believe it. Some time on the sidelines for some, careers over for others. There are more important things in life.
  Forum: Off Topic Chat

birnam
Posted on: Mar 6 2018, 10:10 AM


Group: Member
Posts: 111

Yeah, a good win. It will be a series of which side can scramble to a decent score after being 2 or 3 down for not many. Bancroft has eased, not erased, pressure on him. Khawaja? So much talent yet unmatched by decent scores.
  Forum: Off Topic Chat

birnam
Posted on: Jan 4 2018, 09:59 AM


Group: Member
Posts: 111

Makes you wonder if Tesla should've done an Apple, i.e be a thought and design factory and outsource the making of stuff to those who know what they're doing. Musk is one heck of a technology disruptor and salesman so time will tell if he's also an old fashioned industrialist.
  Forum: Investment Discussion

birnam
Posted on: Dec 5 2017, 10:37 AM


Group: Member
Posts: 111

Jim Maxwell on the ABC supposedly said something like "There are two verbs at the crease, Cook and Root" On twitter there then followed discussion they're nouns as well, and the past tense of both described England's situation.

It's game on if they bowl us out for 120-ish.
  Forum: Off Topic Chat

birnam
Posted on: Dec 3 2017, 09:29 AM


Group: Member
Posts: 111

The thing that amazed me in the lead-up to this game was talk of a 5-0 whitewash and the superiority of this Australian side. We have some good players but so does England. Smith and Warner probably shade Root and an out of form Cook, with the rest of the batting not being anything special. Bowling-wise Australia, again, probably shades England. I rate Broad but Anderson and Ali don't seem at their best, or it could be this is their best in our conditions. If that's the case the gap between the sides is large enough I should be more confident, but I'm not.

A crowd that size is also suggesting where the future of Test cricket lies, much to my chagrin. Melbourne and Sydney might justify day only matches but the likes of the 'Gabba would have to be looking on and wondering.
  Forum: Off Topic Chat

birnam
Posted on: Nov 29 2017, 10:32 AM


Group: Member
Posts: 111

I'll fall off the twig before forecasts for batteries and EVs are tested in the real world, and that cheeses me off. So disparate are forecaster's readings of the tea leaves, or whatever it is stimulating their thought processes, they all can't be right.

50 million EV units a year would be 100% of total vehicle sales in 2040 on Daniel Yergin's prognostications. Yet he's forecasting EVs to make up only 30-40% of sales by then. Paradoxically, to me on first reading, is his forecast that 50M (inc. 40% EVs) sales in 2040 will see as much, if not more, oil used than 65M (20-25% EVs) sales in 2025 will. It's all to do with the total vehicle stock and cars spending more time in motion doing Ubering and Lyfting, apparently. The sort of caring and sharing economy gumph we old fogies can't possibly understand.
  Forum: Investment Discussion

birnam
Posted on: Nov 3 2017, 10:28 AM


Group: Member
Posts: 111

Not from a newspaper but another case of a journo knowing there are the right words to use without quite getting it right.

A print journo was a guest on a panel discussion on Brisbane ABC radio. Asked what he was doing in the upcoming days he waxed lyrical about going to see Roger Waters' "The Wall. He just knew the word opus could be used. You guessed it, unfortunately he described "The Wall" as Waters' "Opus Dei".
  Forum: Off Topic Chat

birnam
Posted on: Sep 8 2017, 10:22 AM


Group: Member
Posts: 111

Time is a marvelous thing. Maxwell, at this time in Oz cricket, will have an extended Test career. Jamie Siddons and Stuart Law - both better batsmen, in other times, had a combined Test career of 1 match. To steal and mangle the words of Napoleon, "It's better to be a lucky batsman than a good one."
  Forum: Off Topic Chat

birnam
Posted on: Jun 14 2017, 10:19 AM


Group: Member
Posts: 111

Another couple are Infigen (IFN) and Redflow (RFX). Infigen is a windfarm operator and is getting into solar PV farms as well. Redflow is a battery maker targeting up to grid scale back-up and balancing.

I offer no comment if they are worth investing in. It's your money, do what lets you sleep at night.
  Forum: Investment Discussion

Poll: The Banks
birnam
Posted on: May 23 2017, 11:08 AM


Group: Member
Posts: 111

Is this the same Ken Henry, bemoaning lack of consultation and the tax's impact, the same Ken Henry who on his first(?) day as NAB Chair called for corporate tax relief? To paraphrase or purloin someone wiser than me - methinks banks doth protest too much. They have little sympathy, and I'm a direct shareholder in 3 of the big 4.
  Forum: Investment Discussion

birnam
Posted on: Mar 9 2017, 12:14 PM


Group: Member
Posts: 111

A quick squiz at the AEMO website suggests annual (not dispatch, daily or monthly) wholesale prices have been pretty steady.

https://www.aemo.com.au/Electricity/Nationa...age-price-table

The transparency of a carbon price of, say, $50, and no LGCs is the best we could hope for. AEMO clamping down on generators gaming dispatch prices might help too. My opinion, of course. Not going to happen because both Right and Left are wedded to their idealogical and political hobbyhorses.

You decry privatisation. Of the big States, the one dominated by government owned generators is Qld (CS Energy and Stanwell Corp, about 3/4 installed capacity between them). Both are now required to maximise their financial performance to satisfy their common shareholder, ie the government.
  Forum: By Share Code

birnam
Posted on: Dec 30 2016, 10:51 AM


Group: Member
Posts: 111

As an armchair expert I'm as much concerned with our bowling attack. If Starc can't get wickets early on he seems to struggle for options and skills as an innings goes on. Might be just fatigue after the effort in Brisbane. Still to be convinced by Bird but he can at least bowl more than 10 overs a day. Would've loved to see Sayers get a run just to find out if he's got something to offer at this level. He's not quick but neither was Terry Alderman. Which spinner will they bring in, O'Keefe or Boyce? Or both and punt Lyon? Who's fit and in some sort of form?

Agree about Maddinson. He was picked on hope, not form. Such is the state of Oz cricket he probably won't be the last like that. Nevill was hard done by, imo.

India might be a rude awakening for the other newbies too.
  Forum: Off Topic Chat

birnam
Posted on: Apr 22 2016, 10:13 AM


Group: Member
Posts: 111

Ok, Prince is not Lennon or Bowie, but he is part of the music life of the ABC's core demographic. Triage, we are all getting older though, hopefully, we never grow up.
  Forum: Off Topic Chat

birnam
Posted on: Apr 4 2016, 03:15 PM


Group: Member
Posts: 111

Yeah,yeah. We all like a good laugh. Btw, Airbus has had its Bleriot moment. They've flown an electric aircraft across the English Channel. If you're brave, and I'm not, you can even buy single-seater gliders cum planes in the US which will, no guarantee, stay up for an hour or so. They are guaranteed to come down though.
  Forum: Off Topic Chat

birnam
Posted on: Apr 4 2016, 12:28 PM


Group: Member
Posts: 111

I hope electric cars do take off, if only so that the remaining oil is available for trucks and tractors. Not forgetting the byproducts of oil that are the basic building blocks of devices (computers, smartphones) that keyboard warriors use to denounce oil.

Last year the US had sales of 17.5M vehicles. Tesla sold 55k and others about 200k pure EVs, circa 1.5% of the market. The challenge is in front of all the EV makers, which is, apparently, most of the big car makers, or soon to be. The Germans will take on Tesla at the top end of the market. GM/Chev, Nissan and BYD of China will add to the list fighting for the mainstream market.

One of the papers carried a story that EVs would be 9% of the market by 2020 with oil at $100/barrel, and 6% with oil at $60. Battery technology and charging is a whole other mind bending discussion. Plus there are so many subsidy schemes, exemptions and restrictions it will take someone smarter than me to have a handle on just what EVs will do in the marketplace.
  Forum: Off Topic Chat

birnam
Posted on: Oct 20 2015, 10:33 AM


Group: Member
Posts: 111

It's not dissimilar to the theory of drought relief/cessation, or water divining, or Michelle Pfeiffer should've met me first.
  Forum: Off Topic Chat

birnam
Posted on: Dec 5 2014, 10:49 AM


Group: Member
Posts: 111

The maths for 18 is straightforward enough. Proving Tracey wrong, well, I'm only smart enough to not be that brave. Do we know if the comment giver is still alive?
  Forum: Off Topic Chat

birnam
Posted on: Jul 9 2014, 10:29 AM


Group: Member
Posts: 111

There's the old joke -"if you picked that score you obviously know nothing about the game". I've not seen much of the games, news highlights is about all really, so can't say if my pre-tournament pick (Argentina) can match the Germans.
  Forum: Off Topic Chat

birnam
Posted on: Jul 1 2014, 11:51 AM


Group: Member
Posts: 111

Good one arty. Another one for engineers is "If in doubt give it a clout. The bigger the doubt the bigger the clout".
  Forum: Off Topic Chat

birnam
Posted on: May 20 2014, 10:57 AM


Group: Member
Posts: 111

Thanks bam_bamm and arty. My situation is still not resolved, other than relying on hope that 'something' will happen. I'd actually considered the gifting option but had received conflicting advice to the point it reduced me to putting my head back in the sand.

It's not imperative I sort this out now as I do hope to live a few more years. Cheers.
  Forum: Investment Discussion

birnam
Posted on: Mar 4 2014, 10:39 AM


Group: Member
Posts: 111

I wonder if Smith, in his last match, would have the courage to bowl his second-stringers to let Oz score quickly so a declaration with a 400 lead and 5 sessions to go is available to Clarke.
  Forum: Off Topic Chat

birnam
Posted on: Oct 4 2013, 11:42 AM


Group: Member
Posts: 111

If writers picked up royalties for each time that gag is trotted out they'd be living very comfortably.
  Forum: Off Topic Chat

birnam
Posted on: Sep 30 2013, 11:56 AM


Group: Member
Posts: 111

Knighthoods are awarded to US citizens, Gen. "Stormin' H. Norman Scwharzkopf is one such recipient, by the Brits. It's an Honorary Knighthood so the "Sir/Dame" can't be used.

Pedantry 101, my forte.
  Forum: Investment Discussion

birnam
Posted on: Aug 28 2013, 10:57 AM


Group: Member
Posts: 111

Nothing about Syria is a laughing matter but I can't help but have a wry smile each time I see and hear the French or the Brits rattle their sabres about doing 'something'. Both are good at beating-up 2nd and 3rd string powers like Libya or Malian rebels but only the USA can project serious power. One scary bit, among many, is can so-called surgical strikes against Syria have more upside than downside. I suspect we'll find-out over the next few days, weeks and months - if not years.
  Forum: Investment Discussion

birnam
Posted on: Aug 12 2013, 04:00 PM


Group: Member
Posts: 111

I thought it was just an ongoing battle with IE10 that was the source of my problems. Slow, crashing, problems with cookies and it not remembering log-in details and generally being a right-Royal-pain-in-the -you-know-what'sit. Go back far enough in this thread and you'll find me lauding IE, can't say that I will be that generous now.

Some papers and websites have carried the story that Chrome is now the most widely-used browser. I'm giving it a go.
  Forum: Off Topic Chat

birnam
Posted on: Jun 4 2013, 11:10 AM


Group: Member
Posts: 111

Thanks arty. My management of the situation I'm in might still be the default one of hope. I hope a takeover comes along and saves me from doing anything. Not very proactive or smart I know but sometimes...
  Forum: Investment Discussion

birnam
Posted on: Jun 4 2013, 10:13 AM


Group: Member
Posts: 111

I have a small holding in a company that was once listed on both the ASX and London's AIM but is now only listed on the AIM. Does anyone know how I can sell my holding from here in Oz?
  Forum: Investment Discussion

birnam
Posted on: Mar 12 2013, 11:43 AM


Group: Member
Posts: 111

Best comment I've seen is from David Gower. Something like "Johnson did deliver his presentation, it was just 3 doors to the left of where it was supposed to go". The poms are really enjoying this.
  Forum: Off Topic Chat

birnam
Posted on: Mar 9 2013, 11:30 AM


Group: Member
Posts: 111

Reuters reported overnight one analyst's view that the unemployment rate might need to go up before the US employment outlook can be regarded as improving. The reasoning is that so many have given up looking for work they aren't being picked-up in un/employment figures. It will only be when these un-recordeds (my word, if it is a word) rejoin the jobless queues that this analyst reckons the US has turned a corner.


That's the view of one analyst in one report so caution is needed before accepting it as gospel truth. The headline unemployment figure is down a smidge to 7.7% with more jobs created than expected. If only their real economy could match the frothiness of Wall St, the disconnect is mind-blowing.
  Forum: Investment Discussion

birnam
Posted on: Nov 14 2012, 10:18 AM


Group: Member
Posts: 111

I think we dodged 'one' in this test. The second day washout let our bowlers refresh bodies and minds, and stopped the pitch from wearing. Credit to Clarke for his batting and captaincy. Cowan did very well, so too Hussey. I'm a Ponting fan but, geez, he's making it harder to keep backing him. No-one else seems to want to make a case for his spot, lucky for him but sad for the sake of this side's improvement. My guess is Starc will come in for Hilfenhaus, not that I've seen a lot of Starc but as a left-armer he's at least different.

On to Adelaide with it all to play for.
  Forum: Off Topic Chat

birnam
Posted on: Jul 27 2012, 10:35 AM


Group: Member
Posts: 111

I still use IE8 as my default browser. Firefox is ok - I also have it installed - but I'm so familiar with IE the thought of a fulltime switch has no appeal.

My question is, has anyone else had problems with IE9 accessing the ATO's Business Portal? IE8 works, Firefox works, I assume Chrome would but IE9 won't get me into the login page. The tech people at the tax office have been really helpful but no-one can explain why any installation of IE9 I use doesn't work. Very strange!

Another question is, why does Sharescene 'lose' my login details? I can go several days having to login each time I visit yet at other times I'm logged-in as soon as I open the homepage. I know a scan with my internet security software removes the cookies that identify me to the site but that doesn't happen every day. Doubly strange!
  Forum: Off Topic Chat

birnam
Posted on: Jul 8 2012, 11:13 AM


Group: Member
Posts: 111

Yeah, all that and more henrietta. A good and better side (the poms) against a terribly inconsistent and limited one (us). It will really make my day - not if Murray, though a Scot, beats Federer. The poms will be insufferable if that was to happen. And a pom is leading some push-bike race too!

Dark days indeed.
  Forum: Off Topic Chat

birnam
Posted on: Sep 11 2011, 10:33 AM


Group: Member
Posts: 111

And still the highest score by a batsman on Test debut for Oz is the 165 by Bannerman in the very first one back in 18-whenever-it-was.


From the bit I've seen of the games so far I'm still unsure if we aren't far off being a decent side again. I don't know what to make of Hughes, Johnson continues to be unproductive for long periods of time and Lyons and Copeland are too new to cement an opinion. I like Khawaja but he and Marsh now are fighting for 1 spot (assuming Ponting is back for the 3rd Test). Marsh instead of Hughes?
  Forum: Off Topic Chat

birnam
Posted on: Sep 6 2011, 10:13 AM


Group: Member
Posts: 111

Maybe, but a lot can happen in 100 000 years when humans are involved.
  Forum: Off Topic Chat

birnam
Posted on: Aug 15 2011, 10:18 AM


Group: Member
Posts: 111

Very valid point and I accept it totally. When farm runoff (sediment and chemicals) was identified as a danger to the Great Barrier Reef, for example, a change to the rules under which farmers have operated was quickly touted. If rules didn't exist then new ones would be created to bring about change, a point made again in the last week or so by the federal minister.

That is my point. If legislators decide the greater good is served by changing the rules then the rules can be changed whether they be good, bad, indifferent or whatever. Think RSPT, a particularly hamfisted Rudd tax reform, the miners squealed like stuck pigs about sovereign risk and lack of certainty and every other thing they've held dearly. 15months on and guess what? There's a MRRT, done it must be said by a government determined to get a deal and 3 miners (BHP, RIO and Xstrata) who've looked after themselves at the expense of others.

Other industries have endured radical shake-ups in the name of national benefit. I don't see why miners should expect to be exempt from change if change is deemed necessary. My advice to them is at least be engaged in the process or like the MRRT others will decide your fate without you.

Thus endeth my sermon.
  Forum: Investment Discussion

birnam
Posted on: Aug 14 2011, 11:28 AM


Group: Member
Posts: 111

From my perspective here in Qld the csg debate is becoming increasingly muddled. A whole host of protest groups with varying agenda from the 'no-fossil-fuel' and green camps to the 'no foreign ownership of land' group to the 'save arable land' group and to the 'we know the law is on your side (csg and miners) but don't ride roughshod over us' group are falling under one banner of opposition. That such disparate groups co-exist needs, I think, more subtle handling than the csg umbrella organisation has shown so far.

They, the csgs, have been running ads in the paper extolling, in order, the virtues of gas as a cleaner energy, their environmental credentials and their respect and commitment to local communities. I think that's back to front. The csgs could remove a lot of angst and split the opposition group by focusing on their relationships with landholders and the environment. The greens and rabid nimbys will hardly ever be placated.

They argue they meet all legislated requirements and they probably do. I suggest to you there's public opinion, not just protesters, thinking that wouldn't be hard because the rules are from a previous time and don't represent present day thinking. Would it hurt the csgs to be proactive and offer to co-write and meet stricter rules? I don't think it would; particularly about water use, monitoring and disposal.
  Forum: Investment Discussion

birnam
Posted on: Jul 20 2011, 10:41 AM


Group: Member
Posts: 111

It's hardly a new order, EWE and CFU trumpeted this several moons ago. The proviso for the sale has always been the German taxpayer footing the bill - don't you just love taxpayers.


I hold CFU.
  Forum: By Share Code

birnam
Posted on: Jul 1 2011, 11:45 AM


Group: Member
Posts: 111

Another reason given for shifting to Bermuda was to become more visible to Nth American investors. The tax benefit was supposedly worth 5c/share and they'll be closer to where most of the share action takes place, ie AIM. All those benefits and you guessed it, the sp tanks.

I've been in this through Pan Palladium(PPD) becoming South African Minerals(SXM) being taken over/merging by/with SLV who've become SLP.

One of the big shareholders -a very unhappy camper it's reported- has supposedly told management to do something to lift the sp. That might explain the noise made of a possible jv deal with Aquarius Platinum and the gossip SLP was initiating a closer link (read:takeover) of Jubilee Platinum. The former is being worked through, the latter has died a death with Joe Public being none the wiser. The share buyback is the only definitive action locked in.

Hopefully patience will be a virtue with this one.
  Forum: By Share Code

birnam
Posted on: Jun 1 2011, 11:07 AM


Group: Member
Posts: 111

Over on HC someone worked out gas cost $4+/day for a Bluegen, something to do with knowing how many Mj are used and the cost of a Mj of gas. Physics, chemistry and maths were too long ago for me to argue if it's right/wrong. Some of that cost would hopefully come back if a feed-in-tariff exists for exported power.

I hold CFU but, geez, it does test the patience.
  Forum: By Share Code

birnam
Posted on: May 7 2011, 11:23 AM


Group: Member
Posts: 111

Every so often I'm asked to participate in some online market research. The latest survey was about China, the whole shebang: the country, it's people, government, companies, place in the world, is it aggressive/powerful/respected etc? Towards the end was a short video - all touchy feely - that I suspect will be part of one of the biggest snow-jobs in the history of PR.
  Forum: Investment Discussion

birnam
Posted on: Apr 5 2011, 11:38 AM


Group: Member
Posts: 111

If you don't have the $13 to convert each right sell them if you can. Pay the tax on the sale, if applicable, and get on with life. If you don't have a saleable bundle what have you lost? Nothing really.

I hold a small parcel of ORG and have taken-up my rights. Doing so let me average down while the sp has gone up, that's been my luck.
  Forum: By Share Code

birnam
Posted on: Feb 18 2011, 11:27 AM


Group: Member
Posts: 111

The Different Use Of 2*Cows In World Business

Traditional Capitalism
You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.

American Capitalism
You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back with a tax exemption for five cows. The milk rights for the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to call seven cows back to your listed company. The annual report says the company owns eight cows with the option of one more. Sell one cow to buy a new president of the United States leaving you with nine cows. No balance sheet provided with the release. The public buys your bull.

An Australian Corporation
You have two cows. You sell one, and force the other to produce the milk of four cows. You are surprised when the cow drops dead.

A French Corporation
You have two cows. You go on strike because you want three cows.

A Japanese Corporation
You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. You then create clever cow cartoon images called Cowkimon and market them worldwide.

A German Corporation
You have two cows. You re-engineer them so they live 100 years, eat once a month and milk themselves.

A British Corporation
You have two cows. They are both mad.

An Italian Corporation
You have two cows, but don't know where they are. You break for lunch.

A Russian Corporation
You have two cows. You count them and learn you have five cows. You count them again and learn you have 42 cows. You count them again and learn you have 12 cows. You stop counting cows and open another bottle of vodka.

A Swiss Corporation
You have 5000 cows, none of which belong to you. You charge others for storing them.

A Chinese Corporation
You have two cows. You have 300 people milking them. You claim full employment, high bovine productivity, and arrest the newsman who reported the numbers.

A New Zealand Corporation
You have two cows. The one on the left is kinda cute!
  Forum: Off Topic Chat

birnam
Posted on: Jan 31 2011, 01:48 PM


Group: Member
Posts: 111

Depends if you're using cash or accrual accounting. At its simplest it's the year paid if cash, the year it's earned if accrual. If, for example, whoever pays you uses a trust or stapled security structure you might have to use both.
  Forum: Investment Discussion

birnam
Posted on: Jan 30 2011, 11:01 AM


Group: Member
Posts: 111

I don't own this stock and only follow it fleetingly. That's my way of saying take anything I say with a pinch of salt.

A couple of weeks ago one of the papers (The Economist?) had an article about PVs. The person being interviewed was enthusiastic about the future because silicon wafers were being challenged by other chemical/metal mixes. The alternatives, whilst less efficient at converting sunlight to electricity, should be much cheaper to make. So much so that his prediction is these new PVs will match the price of gas generated electricity in time.

"Time" is one heck of a caveat. It strikes me there's the assumption the silicon wafer companies wont make advances themselves in price/watt. Silicon also has the advantage of incumbency.

DYE wasn't mentioned by name but the concept of different compounds and continuous manufacturing techniques rings true.
  Forum: By Share Code

birnam
Posted on: Jan 27 2011, 11:16 AM


Group: Member
Posts: 111

I'm really intrigued by what you are trying to do. I look at it and see only things that can go wrong and the risks to be managed. I'm not clever enough and too conservative to cope with all of that. All the best with your choices.
  Forum: Investment Discussion

birnam
Posted on: Jan 26 2011, 10:18 AM


Group: Member
Posts: 111

Here's the ATO page for the 45 day rule but it doesn't answer your particular question. http://www.ato.gov.au/businesses/content.a...ntent/18898.htm

My understanding is divs with FCs but held <45 days are treated like unfranked divs - there's no offsetting provision against other FCs. Hope I'm wrong and you're right because your view is the more advantageous one (probably).
  Forum: Investment Discussion

birnam
Posted on: Jan 22 2011, 10:24 AM


Group: Member
Posts: 111

Does any one know the rules with regard to changing the world cup squad? One rule must obviously be thou shalt never pick Brad Hodge; even as a Vic hater how he misses out is beyond me. And if Nannes isn't a better bet than Tait, and probably Lee, I'll eat whatever head coverings you care to send me. David Hussey wouldn't survive though so I'm not mellowing in my regard of Victorians.

Saw only a little bit of the NSW-Tassie bashfest the other night on the box. Don't remember his name but mark down the 17yo quick in his first game for NSW as one to watch. I hate to say it but NSW might be doing more to revitalise our cricket stocks by their youth policy than anything the other states or the national selectors are doing.
  Forum: Off Topic Chat

birnam
Posted on: Jan 17 2011, 02:08 PM


Group: Member
Posts: 111

Plenty of orange and red hats on the bom website indicating lots of water still heading down the Darling. A cotton grower from Emerald (Theodore?) was on the news saying at least his crop still has the growing season to recover a bit and, hopefully, set some cotton. It would be galling if TAN has had a great growing season for things to go pear-shaped when there's no time left for crop/cotton recovery.

I don't hold TAN; they might be facing a white-knuckle ride through to harvest if they can't control overland flows.
  Forum: By Share Code

birnam
Posted on: Dec 31 2010, 10:56 AM


Group: Member
Posts: 111

Big call to say these floods clearly don't match those of Brisbane and Ipswich in 1974.

In terms of lives lost thankfully you're right. Same goes for the number of people directly impacted. The number of houses impacted and infrastructure damage will probably be less too. Adjusted for inflation the cost will probably be less too. But in terms of areal extent and volume of water this dwarfs '74.

Time and place are so critical in any of these discussions. Hurricane Katrina 100miles east or west of New Orleans would have packed the same punch but been less catastrophic to people and place. I shudder to think what this rain event shifted a 100miles south-east would've done. I suspect you'd be categorically right then.
  Forum: Macro Factors

birnam
Posted on: Dec 20 2010, 04:41 PM


Group: Member
Posts: 111

Have a read of Aegis's Blue Book of Listed Investment Companies (LICs). Most LICs are dirt-boring but they can be traded on the ASX if you need money quick. Management expenses are indicated in the book. I have most of my own money in a few LICs because their skills at stock-picking far exceed mine, not a difficult task mind.
  Forum: Investment Discussion

birnam
Posted on: Dec 7 2010, 01:09 PM


Group: Member
Posts: 111

Thanks kiril, I value your opinion. I'll sit tight for now but would've loved a competitive process to find new friends.
  Forum: By Share Code

birnam
Posted on: Dec 7 2010, 12:58 PM


Group: Member
Posts: 111

Good call balance, it probably is our best side. I don't see any of the Shield cricket, only some of the shorter games, and no bowler I've seen screams out "pick me, I have something special". Same with the batsmen, Khawaja looks competent at that level but is he any better than that? Don't know, same for Ferguson. Macdonald could be a number 6 in this side but his bowling wont scare the Englishmen. Ditto for Smith, though he has youth. I'd like Watson at 5 or 6 but where do we find new openers, besides he's been one of our successes where he is. Doherty looks out of his depth but again who is better?

Seeing as it's Ponting's head on the block I'm happy for him to have more say in the side he wants even if that means revisiting a flawed "X" factor like Johnson for the next test. Krejza as the spin option? He at least tries to take wickets. After that it becomes real scary, it's damn scary as it is.
  Forum: Off Topic Chat

birnam
Posted on: Dec 3 2010, 09:54 AM


Group: Member
Posts: 111

At last an announcement of some sales! Well, yes, possibly, in the fullness of time, if the planets align, if we hold our tongues right. I'm pleased to see these sales are for the Gennex modules as I'd always thought the mCHP market was a better bet than the Bluegen one.
  Forum: By Share Code

birnam
Posted on: Nov 25 2010, 03:28 PM


Group: Member
Posts: 111

Fair enough, you seem to know the company and people involved much better than me so you'd win any bet. As long as it's a competetive t/o or change of control and it shifts the sp north I'll be happier. A long way north and I'll be happier still. If it's control at mate's rates then I'll be a grumpy little bunny.
  Forum: By Share Code

birnam
Posted on: Nov 24 2010, 04:30 PM


Group: Member
Posts: 111

Words and actions offer such little comfort but are all we have to give. So very sad.
  Forum: Off Topic Chat

birnam
Posted on: Nov 24 2010, 09:55 AM


Group: Member
Posts: 111

Couldn't agree more. Why wasn't there a separate and voluntary statement from HFA about the negotiations? Sure the negotiations are incomplete but they've obviously gone beyond the "gidday, can we have a chat about some things?".
  Forum: By Share Code

birnam
Posted on: Nov 23 2010, 11:47 AM


Group: Member
Posts: 111

Cloudy, a fair ol' breeze, showers about and coolish. Even the blasted weather seems to be on the pom's side.
  Forum: Off Topic Chat

birnam
Posted on: Nov 23 2010, 09:50 AM


Group: Member
Posts: 111

I'm a bit underwhelmed by the announcement to the ASX re the "incompete" negotiations with a possible investor. Sounds like a capital raising that ignores all us small holders. I think we can safely assume there wont be any premium to the existing sp. Sods!
  Forum: By Share Code

birnam
Posted on: Nov 5 2010, 03:48 PM


Group: Member
Posts: 111

Agree about Ray Bright even though I've tried to forget. When things aren't working I see no evidence of the bowlers, or the team as a whole, adjusting to at least be disciplined in what they do. I think there's more chance of finding Lord Lucan than this team taking 10 or 20 wickets to win games.

  Forum: Off Topic Chat

birnam
Posted on: Nov 5 2010, 11:01 AM


Group: Member
Posts: 111

Hi, my name is birnam. It's been forever since I've traded. I simply don't, never have. I don't have the skills, dedication or desire to do it. Most of my money is in blue chips and LICs for the long haul. Some of those are still underwater because they were bought in the leadup to the GFC and suffered badly because of it. I also kept some money to "play" in the spec end of the market.

My mistakes have been broad ones. If you don't believe in a stock longterm and can't find reason to ride-out rough times then cut your losses early when the sp is falling. Whether trading or investing liquidity (by that I mean the depth of buying and selling action) is a friend - you can be left with a stock if you can't readily sell. Don't believe every press release or story from/about stocks you buy. I did that with one speccy and bought more than my self-imposed limit. The company is in administration, one director has done a bunk and I'm left deciding what date I'll use to book the capital loss. Another confession is I'd been watching the rare earth stocks (LYC, ARU, ALK) for ages. I couldn't convince myself there was much upside to them. Wrong, it's what others think and you can be captive to what the herd thinks. Sometimes it works for you sometimes not.

You will lose money, both on paper and for real. Accept it, learn from it and move on. Find a good accountant, and be methodical in your record keeping. Don't be afraid to take a profit when one is available.
  Forum: Off Topic Chat

birnam
Posted on: Nov 4 2010, 12:36 PM


Group: Member
Posts: 111

I'm not old enough to remember the good ol' days but do remember the bad ol' days of the 80's when AB was about the only one standing between us and disaster. Is this the worst bowling attack we've had?
  Forum: Off Topic Chat

birnam
Posted on: Nov 2 2010, 10:52 AM


Group: Member
Posts: 111

Here's another perspective though a paywall might not let you through. The first sentence reads "Did you enjoy the rare earths boom of 2010?" I'm just bitter and twisted I missed all the fun. Too many pennies lost on too many dreadfuls leaves not enough pennies to follow a hunch.

http://www.miningnews.net/storyview.asp?st...ctionsource=s27
  Forum: Investment Discussion

birnam
Posted on: Oct 31 2010, 10:29 AM


Group: Member
Posts: 111

Found this bit of news when looking for the footy scores. China supposedly wont be witholding REEs from the market. Whether it makes a scrap of difference to the feeding frenzy that is REE wannabes is anyone's guess.

http://www.bbc.co.uk/news/world-asia-pacific-11657982
  Forum: Investment Discussion

birnam
Posted on: Oct 23 2010, 11:55 AM


Group: Member
Posts: 111

Received my voting form for the agm yesterday. For one of the few times in my voting life I wont tick all the "for" boxes. My beef is with the proposal to extend the exercise period for Brendan Dow's options from 4 to 10yrs.

If 750k new options are granted under the existing scheme he (BD) will have 3195k for exercise within 4 years. 285k are at 68.5c, 200k are at 45c and 1M at 44c. The rest will be at a lower price or one very close to what we shareholders have now. Is the Board saying 44c a share is not possible within 4yrs (68.5c certainly appears fanciful and they expire Dec 2011)?

What has happened to "orders, orders, orders, sales, sales sales" that were to make CFU cashflow positive sooner rather than later? Cashflow positive would be great for the sp. If a little bit of heat to someone's pocket, in this case BD's, will help focus minds on that goal then so be it.
  Forum: By Share Code

birnam
Posted on: Oct 22 2010, 03:05 PM


Group: Member
Posts: 111

Rupert's fishwrapper (aka The Courier Mail) here in SEQ carried a story suggesting the only environmental grounds for rejecting the projects are if species are at risk. Perhaps there's some bacterial sludge that needs protecting.
  Forum: Macro Factors

birnam
Posted on: Oct 5 2010, 12:27 PM


Group: Member
Posts: 111

Marius Kloppers doesn't have to agree with AGW. Neither does anyone else, but only those who don't want to hear or see the way the political wind is blowing can ignore the coming of carbon pricing. It might be a dumb and/or impractical idea but since when have those provisos stopped those with the numbers on the floor of parliament.
  Forum: Off Topic Chat

birnam
Posted on: Sep 30 2010, 11:44 AM


Group: Member
Posts: 111

I'm probably too pessimistic but don't underestimate the ill-feeling towards ucg and csg firms here in Qld. I suspect part of the reason CXY has had such a hard time is the government and it's departments felt the need to grow some corjones. They've wanted to be seen as not just accepting everything the corporates have done or told them. It might not be fair or good science but it's the PR and political world the corporates now live in.
  Forum: By Share Code

birnam
Posted on: Sep 16 2010, 10:11 AM


Group: Member
Posts: 111

Here's another newspaper article about REEs. Lynas rates a mention also. None of it seems to be new news.

http://www.economist.com/node/16944034

Love the comment in the last paragraph which goes something like ".. 3-4 years and a billion dollars will solve the supply problem".
  Forum: By Share Code

birnam
Posted on: Sep 7 2010, 03:47 PM


Group: Member
Posts: 111

I remember reading the ASX announcement when Tandou sold the low-security water and if memory serves me the price was a bit over $200/Ml. About the same time Twynam sold water for about $1300/Ml. Big difference between the two, Twynam sold higher security water from its Murrumbidgee, Lachlan and Gwydir operations. The question is is low-security water on the lower Darling worth 1/6th a (unknown) mix of high and medium-security water in the MIA, Lachlan and Gwyidir? Don't know, but hardly TAN's fault a willing buyer paid what they did.

My gripe with PAG, and TAN to a lesser degree, is their opacity. If you're lucky there might be a statement about cropping intentions but where are the updates of how the crop is faring? Then you might get a statement after the harvest telling you all the things that went wrong through the season. A bit late. It's the reason I don't hold them, though TAN at 30c was a bargain missed.
  Forum: By Share Code

birnam
Posted on: Aug 24 2010, 03:19 PM


Group: Member
Posts: 111

Hope there's some good news on the sales front soon. This stumping-up extra cash to have the sp go nowhere doesn't have many attractions.
  Forum: By Share Code

birnam
Posted on: Aug 21 2010, 10:45 AM


Group: Member
Posts: 111

A disclaimer upfront, I don't hold CDU and my guess a few weeks ago at what the JORC statement would show was less than half what has been reported. So if my judgement is questionable my opinion is still an opinion.

I've read and re-read the JORC code. The suggestion that WM is now intimating the resource statement is somehow flawed beggars belief. He signed off on it for goodness sake. Are we to question the integrity and capability of the competent persons who compiled the statement? Give me a break. The statement is what it is, part of Rocklands is a nice little deposit that will hopefully translate into a nice little orebody and earner.
  Forum: By Share Code

birnam
Posted on: Aug 21 2010, 10:16 AM


Group: Member
Posts: 111

Let's not get too excited. My understanding is the legislation is necessary because no-one has been sure if geothermal was covered by existing minerals or petroleum exploration legislation. Given the heat (pun intended) the CSG & UCG industries have generated in farming and green groups in Qld then this government will be wanting to make sure geothermal is as hassle free as possible.

The Birdsville geothermal plant relies on using hot water from the Great Artesian Basin. Technically it might be called geothermal but to me is vastly different to what Geodynamics or its ilk (Petratherm/Panax?, the mob drilling for super-heated water in SA) are trying to prove-up.
  Forum: Macro Factors

birnam
Posted on: Aug 17 2010, 12:27 PM


Group: Member
Posts: 111

What's a global resource?

I follow this stock out of curiosity. I don't own it but am just fascinated by the pro- and anti- WM posts. Rocklands appears to be a nice little deposit which might be a nice little earner at some point. Time will tell.
  Forum: By Share Code

birnam
Posted on: Aug 15 2010, 09:27 AM


Group: Member
Posts: 111

G'day triage. The USDA does a weekly wrap of plantings/yields/outlooks etc, is there anything remotely similar here in OZ? What few listed ag companies I know of here tell the public next to nothing.
  Forum: Macro Factors

birnam
Posted on: Aug 13 2010, 04:18 PM


Group: Member
Posts: 111

I should have been more explicit. It's a piece signed-off by CFU's Andrew Neilson which in turn is drawn from a Boston Consulting Group report.
  Forum: By Share Code

birnam
Posted on: Aug 13 2010, 01:50 PM


Group: Member
Posts: 111

The following link is to a UK discussion group. If it works there's a piece by CFU's Andrew Neilson.

http://www.iii.co.uk/investment/detail/?di...extpost=6755645

The words are fine, can't help but think though that positive cashflow (read sales) beats positive words any day.
  Forum: By Share Code

birnam
Posted on: Aug 13 2010, 11:40 AM


Group: Member
Posts: 111

JP Morgan has revised their assessment of the sp to north of the previous 91cents.
  Forum: By Share Code

birnam
Posted on: Aug 11 2010, 01:55 PM


Group: Member
Posts: 111

G'day triage. I'm a regular visitor/member of Business Spectator and as such tried to become the same with Climate Spectator. I say tried because every time I visit I'm asked to login again and again and again. I've given up on that site just because of that. The stories and journalism weren't confronting but the technical hiccups have become a turnoff. It could just be me that's the problem and the website is fine. If CS is anything like BS (what an unfortunate acronym) there shouldn't be a problem with junk mail. That's my experience anyhow.

Grant King from Oigin did an interview months ago in which, to this ear and eye, he was resigned to commercial geothermal being some time off. I'll be upfront and say HDR/HFR geothermal ranks with tidal power in the renewables and I'm a sceptic of both. I accept the argument of how much potential energy each has but the technical and commercial hurdles to convert potential to reality might be beyond us anytime soon.
  Forum: Macro Factors

birnam
Posted on: Aug 8 2010, 11:55 AM


Group: Member
Posts: 111

Thanks kiril. I draw some comfort from your comment the stock is massively undervalued. I hold, albeit a very small holding, and will have to be patient.
  Forum: By Share Code

birnam
Posted on: Aug 5 2010, 04:32 PM


Group: Member
Posts: 111

Good post goosmurf, I wholeheartedly agree with comments about opportunity and upfront costs. Repairs and maintenance are not canvassed because even CFU don't seem to know those either! You've lost me with the operating costs though, which isn't difficult and I've been wrong plenty of times besides.

You write that BlueGen uses nearly 23cents/hr in gas. Isn't that offset by the 18cents approx you're not buying off the grid for that hour. Now you're only 5cents out of pocket, so any FIT above that is a bonus because you'd be putting about 1.1kWh back into the grid.

I'm biased of course because I'm a holder of this stock but support the general premise BlueGen isn't for the fainthearted yet.
  Forum: By Share Code

birnam
Posted on: Aug 3 2010, 04:04 PM


Group: Member
Posts: 111

Nah, more likely the statistical improbability of 1.3B Chinese taking a step westward at the same time. (TFPIC)
  Forum: Off Topic Chat

birnam
Posted on: Jul 29 2010, 03:09 PM


Group: Member
Posts: 111

And the linkage between climate and the Earth's magnetic poles is? Talk about drawing longbows!
  Forum: Off Topic Chat

birnam
Posted on: Jul 28 2010, 10:29 AM


Group: Member
Posts: 111

Here are a couple of readable backgrounders,

http://www.economist.com/node/16488892 and http://www.economist.com/node/15661889?story_id=15661889



  Forum: By Share Code

birnam
Posted on: Jul 27 2010, 03:55 PM


Group: Member
Posts: 111

About the only consolation at this sp is I'll pick up an extra share or two in the drp.
  Forum: By Share Code

birnam
Posted on: Jul 13 2010, 04:36 PM


Group: Member
Posts: 111

QMC has the Morris Creek tenement south of Rocklands. It's prospective because of the shear zones identified but no substantial exploration results reported yet imo. Make up your own mind.
  Forum: By Share Code

birnam
Posted on: Jun 30 2010, 04:30 PM


Group: Member
Posts: 111

Hey TradeMad, when did the BlueGen become available for sale in Australia? My (imperfect) memory has the Vic government spending over $1M for 30 units. You do the maths, $8k for a unit is some time off unless CFU has radically changed it's policy. See my post June 21.
  Forum: By Share Code

birnam
Posted on: Jun 27 2010, 10:38 AM


Group: Member
Posts: 111

You’re right, I'm wrong. I stand corrected. The following link is a good starting point, the nitty-gritty is from about page 12 onwards.



http://www.ato.gov.au/content/downloads/IND00191827n41520609.pdf

  Forum: Investment Discussion

birnam
Posted on: Jun 26 2010, 03:54 PM


Group: Member
Posts: 111

I don't mind being corrected.
  Forum: Investment Discussion

birnam
Posted on: Jun 26 2010, 10:06 AM


Group: Member
Posts: 111

Actually Mercury I'm more in your camp. If (and it's a very big "if", there are more rules to meet other than the 12month one) the $75K gain in this year meets the requirements for the 50% discount then your taxable gain will be $37.5k. This is offset against the carryover $50k loss leaving $12.5k in retained capital losses to carry forward. I think that's the best you can hope for but prepare for the worst, a $25k capital gain being taxed at your marginal tax rate.

Please note I'm not an accountant. Take Arty's advice, a good accountant is worth every cent you will (begrudgingly) pay them. Congrats though and as others have said "nobody ever went broke taking a profit".
  Forum: Investment Discussion

birnam
Posted on: Jun 25 2010, 10:25 AM


Group: Member
Posts: 111

A business news aggregater (FN Arena) is reporting this morning that JP Morgan is bullish this stock. A paywall stops me providing the link to JP M's assessment.

I was in and out of this stock pre-GFC and kick myself for not going back in when it hit the low teens, might have even been trades around the 10cents at one point. Good luck to all those who hold, I don't.
  Forum: By Share Code

birnam
Posted on: Jun 21 2010, 11:53 AM


Group: Member
Posts: 111

Following on from my post on June 1, direct sales of BlueGen to residential customers is not company focus. Sales via utilities is where, according to Andrew Neilson, the future is and that future is not Australia-centric either. Plus, for now, the decision is to sell fewer units at higher prices than many units at lower prices (which, if he's been quoted accurately, CFU could do now). Part of the reasoning is tracking reliability and maintenance of a few units (say, 200) is easier, cheaper and less reputationally damaging if something goes wrong than doing so for 1 000's. He also is quoted as saying a price of 8 000pounds into the UK market.

I would love to see sales orders of 1 000's of Gennex modules and BlueGens. From the outside looking in sales of Gennex will need to happen soon if they are to be deployed before the next northern winter.
  Forum: By Share Code

birnam
Posted on: Jun 1 2010, 04:11 PM


Group: Member
Posts: 111

Q. "Theres got to be a few that have an idea of what there is there now eh!!V1"
A. Probably more than the pessimists and deathriders will ever concede but less than the boosters want there to be.
  Forum: By Share Code

birnam
Posted on: Jun 1 2010, 04:02 PM


Group: Member
Posts: 111

If you can get this link to open in full I think you will find what Andrew Nielson says quite illuminating. My take of it is we will have to be patient, very patient.
http://www.stockopedia.co.uk/content/ceram...w-neilson/42093
  Forum: By Share Code

birnam
Posted on: May 18 2010, 12:00 PM


Group: Member
Posts: 111

This doesn't answer your question at all but perhaps offers a perspective. I subscribe to an aggregater (aggregator?, my education is lacking) of financial news which some time ago carried the storyline advising every investor should have money in an absolute return fund. A few names were mentioned, one I picked and what a pup (it still hasn't grown into a dog, yet) it has been. Fortunately not a lot of money is at stake but it still hurts. Times might be better now, who knows. The following article might offer some help also.
http://www.economist.com/business-finance/...ory_id=15955358
  Forum: Investment Discussion

birnam
Posted on: May 8 2010, 09:33 AM


Group: Member
Posts: 111

This is really clutching at straws, or any port in a storm (or insert cliche of choice) time but a pom or two have found hope in the following rumour. Go to the last paragraph.

http://www.dailymail.co.uk/money/article-1...l#ixzz0nErXxDfr

Would love it to be true but in this market I'm resigned to the reality of disappointment.
  Forum: By Share Code

birnam
Posted on: Apr 30 2010, 04:04 PM


Group: Member
Posts: 111

What is there to watch? It's a LIC that pretty much follows the financials index -as it should given its overweightedness to that sector. It's conservative, bland, boring and totally un-sexy. That might be why I like it!

  Forum: By Share Code

birnam
Posted on: Apr 27 2010, 01:25 PM


Group: Member
Posts: 111

Todays press release at least gives some hope that distributions, be they ever so humble, might resume. Make that "damn humble" and a big "MIGHT". At least I still can have the warm inner glow of backing a renewable energy play. Doesn't pay the bills mind. Bugger.
  Forum: By Share Code

birnam
Posted on: Apr 27 2010, 11:10 AM


Group: Member
Posts: 111

I don't follow this stock, or its technology, closely so please forgive my ignorance. Let's assume their collaborations with steel and glass makers result in solar cells being put onto and into buildings. What happens when the solar cells die (excuse the poor pun)? Do the rooves and windows get replaced (imagine the cost!), or does the dye chemistry live forever?
  Forum: By Share Code

birnam
Posted on: Mar 29 2010, 02:24 PM


Group: Member
Posts: 111

Is the possible corporate activity involving Jubilee Platinum a good or bad sign for SLV? The suggestion is a larger fish, like ENRC - whom I'd never heard of before, is after access to the ConRoast smelting technology owned by JLP. JLP and SLV have an agreement for a 70:30 smelting joint venture using ConRoast. I wonder how safe that agreement is if, and it is an if, JLP has different masters calling the shots?

I hold SLV in the belief of upside for the pgms it produces, and for the upside sales of chromium and nickel the JV with JLP might have delivered. Only time will tell if holding is the right stategy.
  Forum: By Share Code

birnam
Posted on: Mar 19 2010, 11:31 AM


Group: Member
Posts: 111

I can't agree that CDU has NOTHING. Sure there's no JORC compliant statement but there is a mineralised shear zone just waiting to have something said about it. Why something hasn't or isn't being said only the head honchos of CDU know, the rest of us are only guessing.

So in the spirit of guessing I'll suggest a mineable resource 1200 metres long, 25 metres wides, 250 metres deep with a bulk density of 3.75 t per cubic metre for a bit over 28Mt @ 0.5%Cueq. I don't hold the stock and have no idea what it is worth but good-luck to those who bought when it was trading in the cents per share, you've done well.
  Forum: By Share Code

birnam
Posted on: Feb 14 2010, 10:17 AM


Group: Member
Posts: 111

I look forward to the day a sales announcement from CFU has some zeroes following the 1s and 2s we've seen so far.

I hold this stock.


  Forum: By Share Code


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