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MNS, MAGNIS RESOURCES LIMITED
blacksheep
post Posted: Dec 1 2019, 08:21 PM
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In Reply To: stocks's post @ Dec 1 2019, 06:06 PM

QUOTE
but will they have the same hold up as NY has had, Look at NY, how long will it take them to raise the finance for that.


More questions - you jump from one question to another.

"but will they have the same hold up as NY" - Townsville and NY - two different projects in two different locations with two different sets of challenges

"how long will it take them to raise the finance for that" - no idea,

Try ringing the company with you questions - pointless asking people on chat sites - we only know what's in their published announcements



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 
stocks
post Posted: Dec 1 2019, 06:06 PM
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In Reply To: blacksheep's post @ Dec 1 2019, 12:20 PM

###what would the SP be IF this giga factory took three years to get under way???.

What if didn't take 3 years to get underway??? What would happen to the SP then???###




Would be good to see the GIGA factory being built, but will they have the same hold up as NY has had, Look at NY, how long will it take them to raise the finance for that.




,




 
blacksheep
post Posted: Dec 1 2019, 12:46 PM
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In Reply To: stocks's post @ Nov 30 2019, 09:34 AM

BTW, stocks, could you be a pet and tell your star poster on HC, johnyb26, that this report he posted

QUOTE
For interested readers, Mark Mills research is usually insightful and of a very high standard. The "New Energy Economy" - An Exercise In Magical Thinking sheds light on some of the mistruths and public/govt held fallacies about energy reality, including batteries.
https://media4.manhattan-institute.org/site...s/R-0319-MM.pdf


is actually funded by ExxonMobil - ExxonMobil Is Still Bankrolling Climate Science Deniers - so could be a little more "biased" towards ExxonMobil vested interests than "insightful" and "truthfull".

Financing the Manhattan Institute’s specious case against renewables
QUOTE
The Manhattan Institute, a New York City-based think tank, received $75,000 from ExxonMobil last year for its Center for Energy Policy. Since 1998, the company has given the libertarian policy shop more than $1.3 million.

Like the Enterprise Institute, the Manhattan Institute opposes the Paris climate accord. Senior Fellow Oren Cass, who regularly testified before Congress against Obama administration climate efforts, alleges the international agreement is “somewhere between a farce and a fraud.” The think tank is also an outspoken opponent of renewable energy, routinely calling for an end to federal subsidies for wind, solar and electric vehicles. At the same time, it is mum about the significantly bigger subsidies the oil and gas industry has been receiving over the last 100 years.

Cass’s colleague, Senior Fellow Robert Bryce, has been bashing wind power for years and, like President Trump, he wildly overstates its threat to birds. In fact, the top human-caused threats to birds are climate change, buildings, power lines, misapplied pesticides, communications towers, and oil and gas industry fluid waste pits. Bryce never mentions that. It would undermine his bogus argument.

Still another Manhattan Institute senior fellow, Mark P. Mills, wrote an opinion piece for The Wall Street Journal in May titled “What if Green Energy Isn’t the Future?” In it, he maintained that, “using wind, solar and batteries as the primary sources of a nation’s energy supply remains far too expensive.” In fact, renewables are now the cheapest type of new electricity generation for more than two-thirds of the world, according to a June report by Bloomberg New Energy Finance. By 2030, Bloomberg researchers project, wind and solar will “undercut existing coal and [natural] gas almost everywhere.” Mills also failed to factor in the cost of doing nothing to curb carbon pollution. The top 10 largest climate change-related disasters in 2018 alone cost at least $85 billion in damages.

https://blog.ucsusa.org/elliott-negin/exxon...climate-deniers





--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 
blacksheep
post Posted: Dec 1 2019, 12:20 PM
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In Reply To: stocks's post @ Nov 30 2019, 09:34 AM

QUOTE
what would the SP be IF this giga factory took three years to get under way???.


What if didn't take 3 years to get underway??? What would happen to the SP then???

Currently the Lansdown Industrial Precinct project is in the "community consultation" stage - that's been extended 3 weeks - 20 December 2019 is the deadline for submissions (currently)

QUOTE
“This is the next step in a series of moves toward developing this area.

“The Federal Government has endorsed industrial development of the site through City Deals, the State Government has endorsed it through its North Queensland Regional Plan and now we have been given ministerial direction to take this next step.”


MNS can't do anything until the planning & development approvals are in place, which is the process currently underway, but I doubt it will take 3 years for that to happen. I would imagine the potential financiers are waiting on this as well - no one is going to fund a project that hasn't got planning approval

These are the next steps, as per their last preso

QUOTE
Next phase underway including planning & development approval, pilot manufacturing and verification
Funding campaign commenced, with NAB engaged as financial advisor
Proposed Plant to be developed in 3 stages – each 6Gwh reducing initial project capital and execution risk




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 
stocks
post Posted: Nov 30 2019, 09:34 AM
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In Reply To: gumboots's post @ Nov 28 2019, 01:52 PM

###a few locals wont get there way over 1000's of jobs.... ###

When was the last time this happened in Australia??????, how long ago did we see any one get some thing under way the hired a 1000 people????, IF and its a very BIG IF this did happen, would MNS still be operating????, look at the SP over the last the years, what would the SP be IF this giga factory took three years to get under way???.

Its NOT hard to see why the SP has slid down for the last three years.




 
blacksheep
post Posted: Nov 28 2019, 02:26 PM
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In Reply To: nipper's post @ Nov 28 2019, 12:45 PM

QUOTE
everyone wants sleepy and quiet. Stasis is not a feasible reality


Absolutely - NIMBY - Not In My Backyard - is part and parcel of these projects. Often it's the lack of community engagement early on that allows the misinformation/mistrust to boil over.



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 

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gumboots
post Posted: Nov 28 2019, 01:52 PM
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In Reply To: nipper's post @ Nov 28 2019, 12:45 PM

It will happen...

seen all this before being involved in the building industry for years... a few locals wont get there way over 1000's of jobs....

sure they will make some noises (as expected) but in the end you cant stop growth!!


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nipper
post Posted: Nov 28 2019, 12:45 PM
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In Reply To: blacksheep's post @ Nov 28 2019, 12:06 PM

after visiting my friends at Alligator Creek, some 30km SE of Townsville, there was some lingering resentment as to how city boundaries were expanded, and the City Council now runs the hinterland (and incidentally how Townsville's population is now 193,000 whereas before amalgamation with was sub 100K). This expansion includes Woodstock on the other side of Bowling Green NP. Locals were seething/ suspicious/ paying rates and wondering where the services were.

everyone wants sleepy and quiet. Stasis is not a feasible reality.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

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blacksheep
post Posted: Nov 28 2019, 12:06 PM
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In Reply To: blacksheep's post @ Nov 22 2019, 07:24 PM

As with the SYR Vidalia Louisianna BAM site community concerns, appears the Townsville Council has not exactly been forthcoming about keeping the local community surrounding the IM3TV plant informed - hence anger and mistrust building.

QUOTE
RESIDENTS AND COUNCIL SHOWDOWN AT WOODSTOCK

Being a keen watcher at the Woodstock meeting we believe, that we actually saw that The Mayor Jenny Hill and Council Walker had completely underestimated the feelings of the residents at Woodstock in this instance and were not fully aware of the angst that had built up in what is normally a sleepily quiet country Town. This occurrence has occurred due to the lack of information and notifications provided to Woodstock and surrounds ...

Continue reading - https://www.facebook.com/pg/tsvratepayers/posts/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 
blacksheep
post Posted: Nov 22 2019, 07:24 PM
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According to the Townsville Bulletin there have been some protests to Council from people living nearby the proposed Industrial Precinct. Council has extended the submission period by 3 weeks and propose to hold a couple of information sessions to answer questions the locals may have.

QUOTE
Date published: 22 November 2019

Townsville City Council will extend the deadline for public submissions on the proposed planning scheme amendment to create the Lansdown Industrial Precinct by three weeks, Mayor Jenny Hill announced today.

The Mayor said council was committed to consulting with the community in good faith and wanted to ensure nearby residents had the time to consider all the facts and make up their own minds.

“Council recently called for feedback on a proposal to amend its planning scheme to create the Lansdown Industrial Precinct as an environmentally sustainable advanced manufacturing, processing and technology estate,” Cr Hill said.

“Following some initial feedback from the community, council has decided an extension for feedback on this proposal to 20 December will give the community more time to read through the planning reports, understand what it means for them and form their own opinions.”

Cr Hill said that council had also made a range of reports and documents related to the proposed changes to the planning scheme available to the community.

“The Lansdown site has been identified for future industrial development for more than 20 years,” the Mayor said.

“This is the next step in a series of moves toward developing this area.

“The Federal Government has endorsed industrial development of the site through City Deals, the State Government has endorsed it through its North Queensland Regional Plan and now we have been given ministerial direction to take this next step.”

Cr Hill said council wanted to attract best-practice, low-emission, energy-efficient ecologically sensitive industrial development to this site.

“Attracting these types of development also means jobs,” she said.

“Already we have support from DriveIt and Imperium3, with Edify Energy on board to power the area from its Majors Creek Solar Farm.

“This has the potential for exciting development but is one that the Woodstock residents need time to consider and make their minds up about which is why we are extending the consultation period.”

“Council will also hold information sessions on 30 November and 7 December at Woodstock to allow members of the public to ask additional questions of council staff.”




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: gumboots  
 
 


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