Energy/Commodity Thread

Nowler

Experienced member
1,515 225
This is such a No No but I cant help laughing (with you not at you) at your limitless optimism for any new venture you throw yourself into.
I would suggest to anyone else, use the profits from your previous ventures to finance your next one! The response is usually 'But my previous venture didnt make any profits' ... to which I say 'exactly my point'!
Don't keep borrowing money for risky ventures, invest first and use profits to fund further investment, unless your name is Nowler. 😉

It was such a tormenting decision to make and not one I took lightly.
I would absolutely NEVER recommend someone else do it.
I never thought I would do such a thing as it's usually an overwhelmingly terrible idea - and I have told people numerous times not to do such things.

The risks of doing this were fully considered, which is to say, the worst case scenario is something I can tolerate.
I actually took an extra de-risking measure of "sourcing" less capital (50% of what I was going to get).
I believed then and I still believe now that this was not the right thing to do - I should have gotten the lot.
Probability dictates that I am going to look back in 2-3 years and regret that decision.

Thankfully I can say that I have been performing very well in terms of % growth, but as my capital is not sizable and this opportunity is certainly not going to wait 2.5 years for me, I just couldn't miss out of such an opportunity.
I have never seen the odds stacked so much in favour of an outcome.

Apart from when oil went negative $40 perhaps... it may very well have went lower, but in time, it was heading much higher for sure!

I am kind of regretting saying that I did this as someone is going to look at it and think it's a good idea for them to do it.
Even more so if it works out like the probability indicates...
 
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MasterOfCoin

Experienced member
1,228 478
The risks of doing this were fully considered, which is to say, the worst case scenario is something I can tolerate.
Hey! They're your kneecaps. It's your absolute right to risk having them blown off if you can't pay the loan shark.🦈 :ROFLMAO:

Besides, crutches are super hi-tech these days, probably better than having to walk unaided, not that you'll be able to get those ones on a state support budget......

....... on second thought, just run away whilst you still have kneecaps to do so.

:eek:
 
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Nowler

Experienced member
1,515 225
Hey! They're your kneecaps. It's your absolute right to risk having them blown off if you can't pay the loan shark.🦈 :ROFLMAO:

Besides, crutches are super hi-tech these days, probably better than having to walk unaided, not that you'll be able to get those ones on a state support budget......

....... on second thought, just run away whilst you still have kneecaps to do so.

:eek:

Centralised knee caps are so conformist, Boomer.

I'm going to create my own KneecapCoin from my mom's basement.

#DiamondKnees


:ROFLMAO: :ROFLMAO: :ROFLMAO:
 

Nowler

Experienced member
1,515 225
1622630444411.png
 
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Nowler

Experienced member
1,515 225
Yup.

Saving the planet costs the earth 🌍

:ROFLMAO::ROFLMAO::ROFLMAO:

It certainly does if we keep letting emotional people have a say.
Everything seems to be 1 extreme or the other...

Socialism or Capitalism
Renewables or Fossil fuel
McGregor or Khabib

Why can't we like both? lol

50% Nuclear, 25% Geothermal/Solar/Wind/Hydro, and 25% fossil fuels would be totally attainable and sustainable for a very long time. And would not be such a burden on the plant.

Those new Advance Modular Reactors are definitely the future for the nuclear industry.
Safer, smaller, more efficient and cheaper.

Side note:
I wonder why they dont build reactors under the ground...??
In the very rare event of an accident, then it's already burried...
I guess the additional costs far outweigh the unlikely event
 
G

Guest36985

0 0
Sorry @Nowler I'm all in on Thorium, I'm going to generate more supply than the world can handle. The price of Uranium will plummet.
😈
 
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MasterOfCoin

Experienced member
1,228 478
I wonder why they dont build reactors under the ground...??
I thought they already did, well, in the middle east, at least.
In the very rare event of an accident, then it's already burried...
I think it's rather to prevent disapproving powers from 'causing' accidents.
I guess the additional costs far outweigh the unlikely event
Not so unlikely, there's a big history of such caused accidents.

:ROFLMAO: :ROFLMAO: :ROFLMAO: :ROFLMAO:

And to forestall those who'd say that's straying off-topic, it isn't. Far from it.
The civil nuclear industry is economically effectively inseparable from the military one.
Never mind the politics. Doing nuclear is staggeringly expensive in infrastructure and processing alone.
Every Nuclear Power utilizes civil commercial electricity production to absorb the costs that would otherwise be crippling.
Simple as that.

Not getting into the politics of who should or should not have nuclear ambitions, just making an economic observation on the actual fiscal realities of the industry as it exists.

:unsure:
 
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Nowler

Experienced member
1,515 225
Sorry @Nowler I'm all in on Thorium, I'm going to generate more supply than the world can handle. The price of Uranium will plummet.
😈
I am aware of Thorium.
It's not going to stop this bull market in Uranium though.
Big ships take time to turn around ;)

Perhaps further down the line, but my uranium money making thesis is very much intact - mwahahaha (evil laugh while snorting lines of yellow cake)
 
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Nowler

Experienced member
1,515 225
I thought they already did, well, in the middle east, at least.

I think it's rather to prevent disapproving powers from 'causing' accidents.

Not so unlikely, there's a big history of such caused accidents.

:ROFLMAO: :ROFLMAO: :ROFLMAO: :ROFLMAO:

And to forestall those who'd say that's straying off-topic, it isn't. Far from it.
The civil nuclear industry is economically effectively inseparable from the military one.
Never mind the politics. Doing nuclear is staggeringly expensive in infrastructure and processing alone.
Every Nuclear Power utilizes civil commercial electricity production to absorb the costs that would otherwise be crippling.
Simple as that.

Not getting into the politics of who should or should not have nuclear ambitions, just making an economic observation on the actual fiscal realities of the industry as it exists.

:unsure:

Are they already building them underground?
I didn't know.

I don't doubt that there hasn't already been numerous "accidents".
And there will be plenty more to come.

The uranium needed to run a power plant is probably the cheapest expense they have.
The building and maintenance costs a pretty penny for sure.

Thought this is significantly reduced when it comes to the new modular reactors - however, that's not what's being built en mass at the moment (I don't believe)
 
G

Guest36985

0 0
I am aware of Thorium.
It's not going to stop this bull market in Uranium though.
Big ships take time to turn around ;)

Perhaps further down the line, but my uranium money making thesis is very much intact - mwahahaha (evil laugh while snorting lines of yellow cake)
We are all now on an FBI watch list.
 
 
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