more positive news., page-24

Guys I’m not here to scare-monger or to make enemies.

I have an engineering/mechanical background (I’m not a qualified engineer or a qualified mechanic) and have built heat exchangers for machinery and I’m well aware of the issues with heat loss (or trying to lose excess heat).

My whole point in raising this issue is NOT that it could potentially be a deal breaker [because adding insulation post-installation is quite possible and maybe preferable], but that I’m concerned that …like the final design of the pipe layout, it may be an afterthought-solution to a problem that should have been addressed earlier.

As a an option holder, I welcome a doubling of our SP, but I would prefer to get the process right for the other 150 that will be installing at a rate of one every few weeks (I WOULD genuinely love to see that).

This whole issue seems to be symptomatic of a lack of planning both on site and in the contract negotiation side of things. There is no point agreeing to an installation if the customer is going to jerk us around (without financial compensation) to the point that we lose money on the installation (refer SP slide).

I’m prepared to cut management some slack that as the first installation they were desperate to bend over backwards to get an agreement, but my point is that they need to get these things locked down long before final installation stage (as happened this time) in future installations.

Whatever the temperature at the start of the pipeline, simple thermodynamics dictates that it cannot be the same after a 100m pipeline –even if it is insulated. No doubt insulation would fix this issue and improve the efficiency.

The additional room on the pipe stands beside the initial pipe may be for future additional Opcon unit(s), (additional pipes reduces heat loss/increase efficiency).

The company may well have addressed this issue, and it may all be in (hand pipes may already be lined internally with insulating/anti-friction material).

I object to being definitively told that there is no possible issue with my concern, by people who don’t provide any reasons based on good engineering practice or thermodynamic principles –but rather their assertion is based on share price concerns (but I’ve made my point regarding this now).

Let’s do it once and do it right and the company may have a GREAT future.

PLAN then Execute, don’t EXECUTE then Plan.

Right now, I plan to have a beer!

Cheers all (You too Busybuoy)

While this is all my opinion I believe every assertion or scientific principle expressed to be factual. But don't take my word for it ...you should do you own research.