Reports of battery-powered electrical vehicles displacing conventional cars are “misleading”, according to Irish exploration company Clontarf Energy.
Mr Horgan said all market penetration “follows the S-curve” pattern. “First come the early adopters willing to take risks and maybe pay a premium for new technology,” he said.How can I persuade the bank and Revenue that cash amounts I own were gifts from my mother, who died years ago?‘I remember what it was like to count my pennies. Money allows me to live a life I’ve always dreamed of’
“The expected changes in penetration rates were exacerbated by arbitrary official policies, such as unsustainable subsidies and in some markets other incentives like free parking, free tolls, lower car tax, etc.Mr Horgan said the overall lithium market grew by 30 per cent in 2023 to 925,000 tonnes. The fastest growth was in “high-value new applications”, with standard computers, smart phones and battery storage gaining share.
The group incurred a loss of £870,061 for the year, which was down from £4.8 million the year before. Included in current liabilities is an amount of £988,926 owed to directors in respect of their remuneration due at the balance sheet date. This was down from £1,114,861 a year earlier. The directors confirmed they will not seek settlement of these amounts in cash until after end of 2024.
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