The problem is that the CS300 has 18.5" to 19" wide seats. Of course it only carries 130 passengers but this is the disruptive single aisle technology.
737 Max 9, 180 passengers in two class seating
A321, 185 passengers in two class seating
787-8, 242 passengers in two class seating
A330-800 Neo, 257 passengers in three class seating
And so the middle-market aircraft needs to be either a 737 Max 9 with a wider fuselage or a 787-8 with a narrower fuselage. But the passenger target is probably 200 to 220 and so it's a 787-8 style redesigned with a narrower fuselage. Then the fuselage will probably be a aluminum-lithium alloy but certainly consider carbon fiber panels attached to an aluminum frame. The wings will be carbon fiber and this is were the 330 Neo is beat.
Or maybe they need both aircraft. A 180 seat single-aisle with wider seats and a 242 seat double-aisle with wide seats but not with extra space otherwise.
My concern is that there will be an international tax on barrels of oil. At $40 a barrel there will be a $60 a barrel tax while at $100 a barrel there will be $0 tax.
Why ? Because if we burn all the oil that there is we will have killed the planet.
And then go look at the article on fuel hedging. They hedge at oil market highs but don't hedge at oil market lows. See, if there is hedging at market highs then the hedging should be systematic so that there will also be hedging at market lows. But if there is hedging at market lows then it's okay to be opportunistic and not hedge at market highs. Of course the only guide is one year or five year highs and lows.
Premiums are too high to hedge on a pullback ? Basically, call options could be written but then massive oil storage is needed. (Oil tankers have been used for oil storage and then call options written on the oil.)
But I do expect oil between $40 and $60 a barrel from now on unless there is some kind of international oil tax agreement. Saudi Arabia thinks that the oil market should be supplied with the highest margin oil.
The thing to watch out for is a high-yield sell off.
In fact on Feb 11 stocks sold off, high-yield sold off, but Treasuries went up. And the dollar went up.
Now there is a commodities speculation bubble in China and when that cools off then gold can go down with commodities in general.
Today's three year note auction was strong and that could be demand from Japan.
The quarterly earnings are $7931000 and the quarterly free cash flow is $3365000.
Cash on the books is $35889000 with $9600000 in securities on the books.
The debt is $196749000.
The cash purchase price of Nexmo is 159000000.
Basically the debt will increase by 81%
The iPhone feature that wipes out the memory when the password is being guessed, that is a fairly aggressive feature. But Congress has not outlawed the feature and there are companies that want the feature so that they do not lose secret information when devices are lost or stolen.
Must Apple provide a way around the memory-wipe feature when there are court orders ? Well, Congress has not required a backdoor on secure devices.
It's not one phone that the government wants into but the first phone that the government wants into.
And so essentially, it's a requirement that the mobile phone company make a backdoor into their operating system and hold the backdoor waiting on warrants.
But then this situation largely represents failed legislation that didn't go forward. The government should just go back to the legislative process instead of asserting a commanding power.
And these particular terrorists are not even high value targets in the first place. The government is just making a ploy against the failed legislation.
Trump agrees with Obama on the issue. The suggestion of a Apple boycott is a Trump flourish.
Remember there are failed legislative proposals of giving the police a backdoor into computers.
Really, I could invoke the Second Amendment. The people's right should not be infringed by who ? And there is a suggestion of limiting the reach of the government.
So now the government is working on a case-by-case method of a computer backdoor. But if the government wins then the computer companies must, as a practical matter, keep a backdoor and wait for warrants. The problem is the number of personnel that work on an operating system development and the possibility of the backdoor being sold by personnel.
Is that a gain, that the company holds the backdoor instead of the government holding it ?
Also there's the issue of the government requiring that a company make something for it. Really, the company's participation is voluntary and a diplomatic government would know that.
See, the government doesn't have anything without the legislative requirement on all computer companies
But see, the NSA doesn't have a backdoor into the iPhone because the NSA, working through Homeland Security, is now allowed to work with the police.
And if the NSA doesn't have a backdoor into the iPhone then who does ?
If an iPhone backdoor technique is created then personnel can sell it to foreign governments for $30 to $50 million.
Then with all the people in the world that use iPhones, espionage will be more effective.
One of the brilliant arguments against Apple is that Apple is just concerned with its business model. Well you see, Apple has a right to its business model according to anti-trust laws. And the shareholders of Apple have rights.
Are they going to offer TV over satellite, telephone over copper, and internet over cable ? I guess so. Or both telephone and internet over cable ?
The satellite TV marketing is no better than cable. The so-called top 120 channels are just the channels you have to buy to begin with and that's why they are popular. It doesn't include any of the actually popular non-premium movie channels.
The mobile phone company can refuse the court order faced by the company if they show that it is burdensome. See, the company faces a court order to perform IT services while the mobile phone customer faces a search warrant on their personal phone.
The reason why the court order faced by the company is burdensome is the difficulty of keeping the backdoor technique a secret.
And so, the company's help can only be voluntary to a search warrant on a customer when the situation is burdensome to the company. The company itself can't be under a court order to perform.
Well, James Bond could fly into Johannesburg, rent a car, drive to Rustenburg, hang out in a local bar, and find out how the mine stope-ing is going.
All we can do here is watch the tote board.
Or did he go to Mokopane ?
Another of SB's key points was that everything is a tablet.
But if Win 10 has significantly different modes for not-connected-to-touchscreen versus connected-to-touchscreen then everything is not a tablet.
It's shocking that it didn't take everything in the world for MS to "get there". It just took a couple of little things. Well, they still miss out on two obvious cell phone strategies and a few other things.
Also, take a look at the 12.5" Dell XPS 2-in-1 at $999. That's 2.8 pounds including the keyboard.
And there's a 10.8" Dell Venue Pro tablet at $349 and another one at $649. Those do have optional keyboards.
One of SB's key points was the Surface running an ARM processor.
Well, the Surface 3 dropped the ARM processor and went to an IA processor.
I'll have to go look up sales of the Surface versus sales of the Surface Pro but they both now run IA processors.
Now, Win 10 has a mode for touch screen but a different mode for non touch screen. Hopefully that means that Win 10 uses less processing resources when connected to a non touch screen.
They took on the $80 million in loans and that is about the only cash that they have. The loans are senior debt which is like a lien on the company.
If the rate of stope-ing doesn't increase then they will be in violation of loan requirements. Most likely the stope-ing will be figured out.
IVPAF is actually a better financed company. They are two years away from the begin of stope-ing. They are on the North Limb, with thick ore sections, just like PLG's future project.
The PLG stock price down to about 0.28 was due to the increase in shares. The stock price from 0.28 to 0.14 was due to the loan draw-downs and terms of the loans.
Platinum demand will not decline due to fewer sales of internal combustion engines because platinum is also needed in hydrogen fuel cells.
Platinum is going to save the planet. Or palladium mixed with silver might work in place of platinum.
Now the new GM Bolt battery electric-vehicle has a range of 200 miles and costs $30,000. That's twice the range of the BMW i3 but GM hasn't yet explained what the breakthrough is.
Fuel-cell electric-vehicles, currently operating in Southern California, claim a range of 300 miles and certainly do have a reliable range of 200 miles.
"Don't look back. Something might be gaining on you."
Hydrogen fuel cells use platinum. That's up to one ounce per vehicle and vehicles are the smaller fuel cells.