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Advanced Small Modular Reactors (SMRs)
IMO, Nuclear will be revived. Could small modular reactors be used to help replace oil and even EV fuel, in place of coal, oil, and even wind and solar? And Nuclear powered charging stations for EV's some day? But I read that other countries that have sanity left are using more Nuclear.
My play might be URA, Global X Uranium ETF , chart at the bottom. I would not buy it now. COVID BS is heat up, maybe another Quarantine or other international or economic troubles. Somewhere between and early 2025, the market will be substantially lower, IMO. As of now, after a big crash or bear, I could buy this. As of now I own nothing.
https://www.energy.gov/ne/advanced-small-modular-reactors-smrs
Advanced Small Modular Reactors (SMRs) are a key part of the Department’s goal to develop safe, clean, and affordable nuclear power options. The advanced SMRs currently under development in the United States represent a variety of sizes, technology options, capabilities, and deployment scenarios. These advanced reactors, envisioned to vary in size from tens of megawatts up to hundreds of megawatts, can be used for power generation, process heat, desalination, or other industrial uses. SMR designs may employ light water as a coolant or other non-light water coolants such as a gas, liquid metal, or molten salt.
Advanced SMRs offer many advantages, such as relatively small physical footprints, reduced capital investment, ability to be sited in locations not possible for larger nuclear plants, and provisions for incremental power additions. SMRs also offer distinct safeguards, security and nonproliferation advantages.
The Department has long recognized the transformational value that advanced SMRs can provide to the nation’s economic, energy security, and environmental outlook. Accordingly, the Department has provided substantial support to the development of light water-cooled SMRs, which are under licensing review by the Nuclear Regulatory Commission (NRC) and will likely be deployed in the late 2020s to early 2030s. The Department is also interested in the development of SMRs that use nontraditional coolants such as liquid metals, salts, and gases for the potential safety, operational, and economic benefits they offer.
Advanced SMR R&D Program
Building on the successes of the SMR Licensing Technical Support (LTS) program, the Advanced SMR R&D program was initiated in FY2019 and supports research, development, and deployment activities to accelerate the availability of U.S.-based SMR technologies into domestic and international markets. Significant technology development and licensing risks remain in bringing advanced SMR designs to market and government support is required to achieve domestic deployment of SMRs by the late 2020s or early 2030s. Through this program, the Department has partnered with NuScale Power and Utah Associated Municipal Power Systems (UAMPS) to demonstrate a first-of-a-kind reactor technology at the Idaho National Laboratory this decade. Through these efforts, the Department will provide broad benefits to other domestic reactor developers by resolving many technical and licensing issues that are generic to SMR technologies, while promoting U.S. energy independence, energy dominance, and electricity grid resilience, and assuring that there is a future supply of clean, reliable baseload power.
U.S. Industry Opportunities for Advanced Nuclear Technology Development
The Department issued a multi-year cost-shared funding opportunity (U.S. Industry Opportunities for Advanced Nuclear Technology Development, DE-FOA-0001817) in 2018 to support innovative, domestic nuclear industry-driven concepts that have high potential to improve the overall economic outlook for nuclear power in the United States. This funding opportunity will enable the development of existing, new, and next-generation reactor designs, including SMR technologies.
The scope of the funding opportunity is very broad and solicits activities involved in finalizing the most mature SMR designs; developing manufacturing capabilities and techniques to improve cost and efficiency of nuclear builds; developing plant structures, systems, components, and control systems; addressing regulatory issues; and other technical needs identified by industry. The funding opportunity will provide awards sized and tailored to address a range of technical and regulatory issues impeding the progress of advanced reactor development. Read more on the FOA. Also, see the awards that have been selected to date.
URA Chart, note the dip in the last Quarantine dip in 2020 >>>>>
https://schrts.co/pndiBEXV
The new auditor said nothing wrong, I think. The deal is I died and I don't know what sin I committed, but I am actually living in Hell and my punishment for my sin is holding RIBT forever.
Sounds a bit strange to change an auditing company. The hard part is doing the basic accounting. My hope is that sell the company they need a second auditor opinion. But why fire the first one?
$RIBT A new SEC filing out thus AM that they replaced the auditor. The new one said they saw nothing wrong with the filings. I admit i don't understand why it happened, could be good if it a last minute thing before a sale, but doubt that. The volume is not speaking of a disaster. Maybe we get a nice last hour.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1063537/000143774923024531/ribt20230823_8k.htm
$RIBT Q2 PR
Carl,RIBT made it's first quarterly profit ever, unofficially. They took out the same condition after the sale of the bran business. I hope we hear a bit more from the SH meeting Wednesday.
Below the whole PR>>>>>
https://finance.yahoo.com/news/ricebran-technologies-reports-second-quarter-200600243.html
TOMBALL, TX / ACCESSWIRE / August 21, 2023 / RiceBran Technologies (NASDAQ:RIBT) ("RiceBran" or the "Company"), an innovator in the development and manufacture of nutritional and functional ingredients derived from rice, barley and oats, today announced financial results for the second quarter ended June 30, 2023.
Eric Tompkins, Executive Chairman of RiceBran, commented, "The divestiture of our stabilized rice bran ("SRB") business during the second quarter was the first step in a process aimed to reduce costs and curb losses, creating more optionality to explore strategic alternatives and better position the Company to realize the value of its remaining assets."
"Operationally, RiceBran delivered positive gross profit in 2Q23 from continuing operations, reversing prior quarters of gross losses, due to improved efficiency, recent capacity enhancements and higher volumes," Tompkins added. "Moving forward we are focused on further rationalizing our costs while exploring any and all alternatives to create value. With an ongoing strategic process in place and the Company's Board of Director (the "Board") actively evaluating a variety of potential outcomes, we have opted to forgo a quarterly conference call until a time when we are in a better position to share more meaningful disclosures on our strategic progress."
Second Quarter 2023 Financial and Operational Overview
Revenue: Total revenue from continuing operations was $6.3 million in 2Q23, down 4.7% from 2Q22 as lower MGI Grain Inc, ("MGI") milling revenues were offset by an increase in Golden Ridge Rice Mills ("Golden Ridge") milling revenues.
Gross Profit: Gross profit from continuing operations for 2Q23 was $24,000 compared to a gross loss of $0.4 million in the second quarter of 2022, reflecting higher gross profit at Golden Ridge related to increased volume and at MGI due to the elimination of certain operational inefficiencies.
SG&A and Operating Loss: SG&A from continuing operations increased $0.4 million year-over-year due to increased legal costs as the Board continues to explore strategic alternatives. Loss from continuing operations before other income (expense) was $1.6 million in 2Q23, consistent with 2Q22, because the impact of improved gross margins was offset by increased legal expenses.
Loss from Continuing Operations and Loss from Discontinued Operations: The Company reported a loss from continuing operations of $1.8 million in 2Q23 compared to $2.2 million in 2Q22. RiceBran also reported a loss from discontinued operations of $8.5 million in 2Q23 compared to $447,000 in 2Q22. The loss from discontinued operations reflects the sale of the SRB business, including a loss on the sale of $8.6 million.
Net Loss and EPS: Inclusive of the loss from discontinued operations, net loss was $10.3 million in 2Q23 compared to $2.6 million in 2Q22. Loss per share from continuing operations was $(0.27) in 2Q23 compared to $(0.41) in 2Q22. Loss per share from discontinued operations was $(1.27) in 2Q23 compared to $(0.09) in 2Q22.
Balance Sheet: Total cash was $0.3 million at the end of 2Q23 down from $3.9 million at the end of 4Q22, after repayments of $3.0 million on the Company's factoring, line of credit and long-term debt and finance lease liabilities. Our current liquidity, consisting of cash and availability from our factoring facility, is $0.6 million.
In our continuing operations, during the first half of 2023, we used $1.3 million of cash to fund operating activities and $0.3 million for capital expenditures. This was offset by the $1.0 million of cash provided by the SRB business' operations and its June 23,2023 disposition.
My guess is this was planned. They can't sell a company for the tax losses only. They need a quarter of growth in earnings or revenue or both. In Q3 they could do it. They sold the unprofitable parts of the company . And now the stock won't crash much on the meantime.
$RIBT gfp, here are 2 posts I put up at RIBT and one of another poster who I know well in the middle. These will sum it up.
Me>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172618442
Besdin>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172623900
Me>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172633248
Summary, they brought in an "expert closer" who replaced Todd Mitchel the CFO. His l last name is Keneally. I feel the bad Q2 is stopping a sale of the rest of the company. So, he found a legal way to postpone Q2 and it comes out like 2 days before Q3, and I hope Q3 does cash flow positive or better. The the sale might go through and they can use the NOLS,(losses carried over). They can't sell it for the NOLS alone. The company must have something else going for it like growth and or profits. It could happen in Q3, reported in mid November. If not it's good then, Chapter 7. If it is, I would hope $3+ which would have the buyer using 33% of the NOLS and and extra $1 for the company doing well. Sources say the buyers never pay the full amount of the NOLS, as they can just use a small portion per year, guessing 5% plus or minus per year. State NOLS are more complicated and some states don't allow them to be used or make it complicated.
I hope we learn more at the shareholder meeting Wednesday. I am not recommending it a buy or sell now. I hope the "Expert" is one. He did recover $300,000 from the original CEO 2005 to 2008, who had a court order to pay the company reparations when he got money for his thievery.. No CEO or CFO even tried in the last in the last 11-12 years to get any.
Keneally>>>
https://finance.yahoo.com/news/ricebran-technologies-names-william-j-200600370.html
Shareholder meeting.>>>
https://www.sec.gov/ix?doc=/Archives/edgar/data/1063537/000143774923023121/ribt20230810_8k.htm
Iteris is doing it's thing here in Minneapolis on our Interstate 494, just South of Minneapolis. It is the main artery to the Mpls/St. Paul airport, It is in tear 1 of a 4 year project. It is going OK, so far
We agree!!!!!
Beyond awesome, skating/ Sound of Silence , Disturbed,
https://www.youtube.com/watch?v=bY2VrHA_50o&ab_channel=refox74
Beyond awesome, skating/ Sound of Silence , Disturbed,
https://www.youtube.com/watch?v=bY2VrHA_50o&ab_channel=refox74
besdin, you have been a contrary opinion RIBT indicator for 20 years. You now say "disaster". So is that a "Buy Buy Buy" contrary indicator? Well, I have done no better, but for a couple of fewer years. I did sell a couple of times and bough back in lower, but does not mean much with the current price.
My case for holding until at least next Wednesday and the shareholder meeting>>>
1.$8m losses will never be recurring.
2. Of the $2m part of the loss, how much of that was lost revenue and profits from the weak part of the company, the rice bran segment when they sold over 1/2 way through Q2?
3. At the time of the rice bran sale, we were half way through Q2. At that CC we were told that the doubling of expansion at MGI was already showing new revenue. For a segment that was increasing revenue in Q1, do you know how much MGI did revenue a profit/loss MGI did on it's own in Q2? Any idea how it's doing now?
4. Golden Ridge, how did it do alone Q2, nobody knows that either, except insiders. In that segment on it's own did it make a profit and had increased revenue? How's it doing so far in Q3. On points 3 and 4, only top management knows the answer. We did have a bran source problem in 2022, 2023 was to be much better with a new source.
5., Former head Bradley was paid in warrants priced a "0". Mitchel and board members have tons or warrants priced at "0" as well. Keneally received 100,000 warrants priced at "0". I got to believe what is going is to get something from somebody that gets the stock up from here.
6. The federal NOLS useable of 44.7m and guessing 9m shares outstanding with warrants factored in, if we could get 1/3 of them, that is $1.65. If the buyer could use a tiny bit of the state NOLS, add .35, now $2.00 . We sold the financial black hole, rice bran that was costing us up the wazoo and we now could have a profitable business', cash flow neutral at worse. Q3 with good figures could get us sold.
I had my $3 fair value for a sale estimate, before the SEC s flings and much more possible. I doubt that this is all a charade to give insiders time to sell their shares. I believe what they are doing is time tested and legal. Why would they risk jail time. These guys losing .72.5 per share from here if it goes to ZERO, that is chicken feed for them. I still hope for at least $3 share price, 3 months from now. I am using the Besdin indicator and going contrary to his advice, at least until Wednesday. I am holding and preparing to add if any thing good comes fron the SH meeting.
LLLI, ProfitScout. It sure sounds like a stock for these trying times, I will watch the chart, could be fun.
https://stockcharts.com/h-sc/ui?s=LLLI&p=D&yr=5&mn=0&dy=0&id=p93145761780
Solid picks Me seb. The infrastructure bill fits CAT well. DE and EV, yes a future. A spec stock for highway reconstruction is ITI, Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia It has solid institutional holdings, follow the money?
https://finance.yahoo.com/quote/ITI/profile?p=ITI
https://fintel.io/so/us/iti
https://stockcharts.com/h-sc/ui?s=ITI&p=D&yr=5&mn=0&dy=0&id=p31383770136
Fatto and all, first, the below is my hopes and opinion. I have not heard what I am posting from anybody, my own guess. Buy or sell at your own risk.
Q2 might have been bad so they postponed putting the results basically until the next Q. Q2 had a lot of money possibly going out with extra work for the sale of the bran. It must be hard to sell a company with a bad Q because it can't be sold only for only tax losses carried forward. So. Keneally found a legal way around it from having to report the losses now and they become available about the same time as Q3. And RIBT could possible get a higher sale price with better numbers.
Q3 could be very good. At the Q1 CC they stated that MGI, who had just double production capacity was already getting new business from it. Golden Ridge who was lacking bran from farmers hired a dude to get more. Golden Ridge could be doing well also. And remember, RIBT sold the big losing part of the business, the rice bran. The drawback is Q3 has been a slow Q some years.
I hope we get an explanation at the shareholder meeting next Wednesday. Again, I have not talked to anybody connected to RIBT in anyway except conference calls. They are being so tight with info that there are not the usual rumors floating around. I don't even call the PR dude guys anymore and they are NEVER of any value anyway, just there for public relations.. This is all my dot connecting and it may all be wrong. I am not recommending the stock and not buying. And I could be TOTALLY WRONG.
I'm doing the Treeride 1st in the Open to last in the FedEx. First in the BMW? Then last in the Championship? WHEEEEEEEEEEEEEEE.
Complete List of Stores Closing in 2023
Amazon must be doing well>>>>>
https://thekrazycouponlady.com/tips/money/stores-closing-in-2023
Dew, I wish Oakes was still around. Any sources where I could find infor on, assuming population stays the same, which will last longer, material to make EV's or oil? I read where we are already losing a lot of shale oil, at least in the USA and that has only been big for like 15 years?
That is my guess, roll the greens and close the course for who knows how long. The green here in Minnesota looks works than the one in the video below>>>>>
https://www.golfdom.com/recovering-from-hail-damage/
Massive hail obliterates greens at Minnesota golf course, about 20 miles from me.
Vivid slide show in the link>>>>>
https://bringmethenews.com/minnesota-news/massive-hail-obliterates-greens-at-minnesota-golf-course
RIBT has 45 days to get their 10Q out. Q1 was out May 11th. Q2 should be out next week, for sure.. My math is Monday, but they may get out Tuesday OK.
Companies must file their 10-Qs 40 or 45 days after the end of their quarters, depending on the size of their public float.
https://www.investopedia.com/terms/1/10q.asp
Man forced to ditch $115K Ford EV truck during family road trip to Chicago: ‘biggest scam of modern times’
https://www.foxbusiness.com/technology/man-forced-ditch-115k-ford-ev-truck-family-road-trip-chicago-biggest-scam-modern-times
Snippet:
Dalbir Bala, who lives in the Winnipeg area, bought a Ford F150 Lightning EV in January for $115,000, plus tax. He told FOX Business he needed the vehicle for his work, but also wanted something suitable for recreational activities such as driving to his cabin or going fishing. He also wanted an environmentally friendly vehicle as owning one is "responsible citizenship these days."
Short DLTR, Dollar Tree, LOL.
Helium Wars: Why Are Tech Giants Fighting Over This Rare Gas?
https://oilprice.com/Energy/Energy-General/Helium-Wars-Why-Are-Tech-Giants-Fighting-Over-This-Rare-Gas.html
Snippet:
A daunting list of key industries the world over is now wondering where their future supplies of helium will come from.
What battery metals are to gigafactories, helium is to everything from scientific research, medical technology and high-tech manufacturing to space exploration and national defense.
Avanti Helium Corp. (ARGYF) spec bet?
Avanti Helium Corp. acquires, explores, and develops helium projects in Canada and the United States. The company's principal project is its 100% owned Greater Knappen Project, which covers an area of approximately 70,140 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc. and changed its name to Avanti Helium Corp. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
https://finance.yahoo.com/quote/ARGYF/?p=ARGYF
Avanti Helium Corp. (ARGYF) spec bet? Not a stock for this board, but if Phil Mickelson can bet $1B on sports, what the heck?
https://sports.yahoo.com/phil-mickelson-has-wagered-1-billion-lost-100-million-new-book-alleges-135720819.html
Helium Wars: Why Are Tech Giants Fighting Over This Rare Gas?
https://oilprice.com/Energy/Energy-General/Helium-Wars-Why-Are-Tech-Giants-Fighting-Over-This-Rare-Gas.html
Snippet:
A daunting list of key industries the world over is now wondering where their future supplies of helium will come from.
What battery metals are to gigafactories, helium is to everything from scientific research, medical technology and high-tech manufacturing to space exploration and national defense.
Avanti Helium Corp. (ARGYF) spec bet?
Avanti Helium Corp. acquires, explores, and develops helium projects in Canada and the United States. The company's principal project is its 100% owned Greater Knappen Project, which covers an area of approximately 70,140 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc. and changed its name to Avanti Helium Corp. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
https://finance.yahoo.com/quote/ARGYF/?p=ARGYF
I don't feel so bad about my stock market losses
Phil Mickelson has wagered $1 billion, lost $100 million, new book alleges
https://sports.yahoo.com/phil-mickelson-has-wagered-1-billion-lost-100-million-new-book-alleges-135720819.html
Phil Mickelson's gambling habits, and losses, hit staggering levels, according to his former partner in a new book.
Billy Walters holds the reputation of being one of the most controversial and well-heeled sports gamblers in America, and in a new book scheduled for release later this month, he is laying bare his recollections of gambling alongside Phil Mickelson — who apparently matched him in both volume and intensity. Mickelson has bet a total of at least $1 billion, Walters claims, with losses reaching as much as $100 million.
"Phil said he had two offshore accounts that would take big action from him," Walters writes. "In all the decades I’ve worked with partners and beards, Phil had accounts as large as anyone I’d seen. You don’t get those types of accounts without betting millions of dollars."
Mickelson had the luxury of limits of $400,000 on college and NFL games, and $100,000 on college over/under bets, Walters writes, far in excess of what most gamblers receive. When offshore books recognized Mickelson's betting patterns as "far more disciplined than usual" thanks to Walters' input, Mickelson simply switched to another account.
One of the most explosive charges in the excerpt is the suggestion that Mickelson attempted to bet $400,000 on the outcome of the 2012 Ryder Cup. Walters refused to handle the bet, saying Mickelson could destroy his entire reputation.
"You’re seen as a modern-day Arnold Palmer," Walters says he told Mickelson. "You’d risk all that for this? I want no part of it."
Mickelson backed down, though Walters concedes he could have placed the bet elsewhere. The U.S. team, which had been leading 10-6 going into Sunday singles, suffered one of the biggest collapses in golf history, losing 14 1/2 to 13 1/2. Mickelson's loss to Justin Rose was part of the losing effort.
Walters documented what he said were Mickelson's stunning betting records from 2010 to 2014:
• He bet $110,000 to win $100,000 a total of 1,115 times.
• On 858 occasions, he bet $220,000 to win $200,000. (The sum of those 1,973 gross wagers came to more than $311 million.)
• In 2011 alone, he made 3,154 bets — an average of nearly nine per day.
• On one day in 2011 (June 22), he made 43 bets on Major League Baseball games, resulting in $143,500 in losses.
• He made a staggering 7,065 wagers on football, basketball and baseball.
"Based on our relationship and what I’ve since learned from others," Walters writes, "Phil’s gambling losses approached not $40 million as has been previously reported, but much closer to $100 million. In all, he wagered a total of more than $1 billion during the past three decades."
Early in 2022, Mickelson found himself a target of criticism when he condemned Saudi Arabia for its human rights record while at the same time advocating the use of their financial resources to upend the PGA Tour. He was suspended from the tour for several months in early 2022, and soon afterward jumped to LIV Golf for a widely reported signing fee of $200 million.
"Frankly, given Phil’s annual income and net worth at the time, I had no problems with his betting. And still don’t," Walters writes. "He’s a big-time gambler, and big-time gamblers make big bets. It’s his money to spend how he wants."
Walters was convicted of insider trading in 2017, served five years in prison, and was sentenced to pay a $10 million fine. Mickelson was not punished in an insider trading case involving Walters, though he did forfeit nearly $1 million in earnings gained through the trade of stocks purchased on tips from Walters. “Gambler: Secrets from a Life at Risk” is scheduled to go on sale Aug. 23.
Why the big up volume Monday and nice volume yesterday and down? Sunday a story came out from Stock News.com., StockNews.com Initiates Coverage on RiceBran Technologies and a couple of sites pread the news on Twitter.
https://www.americanbankingnews.com/2023/08/06/stocknews-com-initiates-coverage-on-ricebran-technologies-nasdaqribt.html
But, it initiated a "sell"
But then it listed new institutional trading>>>
A number of institutional investors and hedge funds have recently modified their holdings of RIBT. UBS Group AG increased its position in shares of RiceBran Technologies by 1,828.1% during the second quarter. UBS Group AG now owns 38,561 shares of the company’s stock valued at $26,000 after acquiring an additional 36,561 shares during the last quarter. Virtu Financial LLC bought a new position in RiceBran Technologies during the fourth quarter valued at $32,000. LPL Financial LLC bought a new position in shares of RiceBran Technologies in the fourth quarter worth $43,000. Jane Street Group LLC boosted its holdings in shares of RiceBran Technologies by 112.9% in the second quarter. Jane Street Group LLC now owns 69,811 shares of the company’s stock worth $47,000 after acquiring an additional 37,014 shares during the period. Finally, State Street Corp bought a new position in shares of RiceBran Technologies in the first quarter worth $69,000. 3.37% of the stock is owned by hedge funds and other institutional investors.
But all of that was BS old news. All the institutions have sold since the Q4 report. One little new one now holds and that is only 376 shares, lol.
https://fintel.io/so/us/ribt
My guess, is the story created a bunch of buying Monday and yesterday some of them sold. So, a net neutral.
How AI Is Breathing New Life Into Oil And Gas Operations
https://oilprice.com/Energy/Crude-Oil/How-AI-Is-Breathing-New-Life-Into-Oil-And-Gas-Operations.html
Snippet:
AI is projected to significantly grow in the oil and gas sector between 2022 and 2027, with 92% of companies planning investments.
Leading energy companies, including Shell, BP, and ExxonMobil, are pioneering AI applications, enhancing everything from drilling processes to safety measures.
Despite the transformative potential of AI, its adoption in the energy sector lags behind its pace of development in other industries.
Scheffler
Hovland
Tom Kim
Si Woo Kim
Grillo
Im
An
Poston
Young
Matsuyama
Thanks for your work Eli's
URA, Global Uranium ETF is the way to go?
US Certifies First Small Modular Nuclear Reactor Design --- site wants my email
URA chart
https://stockcharts.com/h-sc/ui?s=URA&p=D&yr=5&mn=0&dy=0&id=p47054114064
Speaking of China and coal, where is Gretta when you need her?
https://ifunny.co/picture/the-last-thing-you-see-before-being-hunted-for-sport-GCGmeATDA
I did reply to a recent post to you asking "I am not an expert on nuclear, but some countries expanding it, your thoughts on nuclear santefe?" Those Advanced Small Modular Reactors do sound possible.
So you agree it might be the future, in smaller reactors?>>>>>
Your post>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172363853
My reply>>>>
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172364658
Got any good small reactor stocks to buy?
$RIBT So far today, this is the first day in a while that the trading and volume makes me think either someone knows something good is coming, or THINKS they know something.
EVS ON A COLLISION COURSE WITH REALITY
Just food food for thought, not saying I agree or not, but future technology not factored in, nor the possibility of reduced population in the future?
https://www.powerlineblog.com/archives/2023/08/evs-on-a-collision-course-with-reality.php
The alleged transition to “green” energy is destined to crash and burn. A modern society can’t meet its needs for electricity with wind and solar sources that produce nothing a large majority of the time, supplemented by wholly notional “batteries.” The race to disaster is being accelerated by government-mandated use of electric vehicles, which will put impossible burdens on an already-inadequate grid. So it becomes a question of where the “green” dream will break down first.
EVs may turn out to be the green Waterloo. Numerous jurisdictions around the world have purported to ban gasoline-powered vehicles by some date in the not-far-off future, a dictate that cannot and will not be met. Rather than flying off dealers’ car lots, EVs are accumulating there in growing numbers. At Heartland, Ronald Stein explains some of the reasons why. Stein itemizes the numerous factors that cause buyers to be wary of EVs, and adds this:
Another problem for the automobile industry is convincing the buyers that its ethical, moral, and socially responsible to buy an EV, especially since most of the exotic mineral and metal supplies to build the batteries are being mined in developing countries with limited environmental regulation nor labor regulations.
EVs are terrible for the environment, and their supply chains raise serious moral issues. But probably most consumers have more personal concerns:
The problem is that manufacturers are loading up the “supply chain” with EV’s on dealer lots, but they’re not seeing the “demand” for EV’s coming from the public. The current EV ownership profiles of the elite owners are that they are:
* highly educated.
* highly compensated.
* multi-car families.
* low mileage requirements for the families’ second car, i.e., the EV.
Current EV owners are dramatically different from most of the vehicle owners.
Something else that I hadn’t previously focused on is the used car market, which is vast:
Historically, internal combustion engine (ICE) car sales in America are upwards of 55 million annually with about 15 million or 27 percent being new and 40 million or 73 percent being used car sales.
That is astonishing! 73% of auto sales are used cars. And yet:
To date, the EV industry has virtually no used car market! In addition to the constant EV charging challenges, who wants a used EV that may soon need an expensive battery replacement?
With about 73 percent of all car sales being that of used combustion engine cars, the lack of a resale market for EV’s may be a major problem for the auto industry.
Another thing that is different about EV drivers is that they largely–40% of them–live in California:
Since most states lack the year-round temperate climate that Californians enjoy, the distribution of EV ownership throughout the nation should be a concern to the auto industry. With 40 percent of the EV’s in America being in California, that leaves the other 60 percent being among the other 49 States, or approximately 1+ percent per State.
So, how does California supply the electricity to charge all of those EVs?
1. To support the State’s EV growth, California imports more electricity than any other US state, more than twice the amount of Virginia, the second largest importer of electricity. California typically receives between one-fifth and one-third of its electricity supply from outside of the state.
2. The other 49 states have virtually non-existent EV charging infrastructures, and a few of them may be exporting their electricity to California!
So where does the electricity come from if all 50 states are requiring use of EVs?
There is no place on Earth–not even a demonstration project, not even a village–where energy needs are met entirely through “green” sources. This is not coincidental. The U.K. is ahead of the U.S. in trying to drive usage of EVs, so their experience is revealing:
With the supply of electricity not keeping abreast of the growing demand, the UK is ahead of most of the world, protecting its grid with Smart Chargers, and setting up Separate Meters for the EV charging users to pay for a new grid!
* As of May 30, 2022, in the UK, new home and workplace chargers being installed must be “smart chargers” connected to the internet and able to employ pre-sets limiting their ability to function from 8 am to 11 am and 4 pm to 10 pm.
* In addition to the nine hours a day of downtime, authorities will be able to impose a “randomized delay” of 30 minutes on individual chargers in certain areas to prevent grid spikes at other times.
* The UK Electric Vehicles (Smart Charge Points) Regulations 2021 came into force on June 30, 2022. All home installed electric vehicle chargers are required to be separately metered and send information to the Smart meter data communications network. Potentially this legislation allows the electricity used for charging EVs to be charged and taxed at a higher rate than domestic electricity. The technology enacted also enables the rationing of electricity for EV charging because the government can decide when and if an EV can be charged, plus it also allows the EV battery to be drained into the grid if required.
Will any of this be acceptable to freedom-loving Americans? Well, after the covid shutdowns, maybe Americans aren’t as freedom-loving as we thought. Too, we already have “smart meters” for electricity in many American homes. How are they smart? Much like the “smart chargers” for EVs in the U.K., they allow the utility to control your thermostat to reduce demand for electricity.
It is impossible to overstate the damage that has been done, and will be done, by the crazed drive toward “green” energy that has gripped Western elites.
I thought they'd have more foreign tourneys.
Raising the bid most of the morning to entice sellers.
https://ih.advfn.com/stock-market/NASDAQ/ricebran-technologies-RIBT/trades?_ga=2.256236424.2012683222.1554897425-334505475.1554897425
What gets me is the powers that be think thy have to trick us, lie to us, put up a fake President and VP and this WOKE stuff is just pain off the charts. If they really are the smartest people in word history, why can't that come up with a one world order plan that most will want. Why put us through all this chit to be manipulating into wanting it? Once they are in power, they can do the same thing, reduce population, crime etc. the same way they already have planned. As it is going, they are not the smartest people, but they are proving to be the most evil people in world history. They keep saying :For the greater good", that should no be to destroy lives to get there.
MLEC, yes government promoting plants and less meat has a big influence on the future. Mercola tries to even tie in less animals to pandemics. I would not post this at Dew's board as Mercola is an enemy of the left and his board leans that way a bit. Still not in MLEC
https://articles.mercola.com/sites/articles/archive/2023/08/02/report-predicts-next-pandemic-from-meat.aspx?ui=cb65499db52abec6a9a590992872244905bf545afdb5f24bd660a43f2e592f19&sd=20150424&cid_source=dnl&cid_medium=email&cid_content=art1ReadMore&cid=20230802&foDate=false&mid=DM1443942&rid=1872267089
STORY AT-A-GLANCE
The idea that pathogens will jump species and kill humans is a useful scare tactic, and it’s now being pushed like never before under One Health — a global agenda that will allow unelected bureaucrats at the World Health Organization to centralize power and make decisions relating to diet, agriculture and livestock farming, environmental pollution, movement of populations, health care and much more, for the entire world
A report from Harvard Law School and New York University predicts the next pandemic is likely to emerge from the U.S. meat supply — or the fur trade, or a petting zoo, or from pets. It reviews all the different areas of life and commerce that involve animal and human contact and the subsequent hypothetical zoonotic transmission chains. One Health documents are repeatedly referenced in this report
Incontrovertible evidence has emerged showing that the scientists who wrote “Proximal Origin of SARS-CoV-2” intentionally misled the public. In “Proximal Origin,” the authors insisted natural evolution was the most likely scenario, but in private, they thought a lab leak was the most likely origin
Correspondence shows the conspiracy to misdirect the public was driven by obedience to higher-ups within the U.S. and UK governments, including, potentially, the intelligence community
Based on the evidence now in the public domain showing that the authors of “Proximal Origin” did not believe their published conclusions, Biosafety Now! has launched a petition calling on Nature Medicine to retract the paper