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From: JonH🍕
I know bit this is not limited to UK. Almost a global wide phenomenon. So you put off investing say $1m in sustaining capex and maybe output falls 5%. That fall gets compounded every year. At the same time if that $1m is merely deferred then the following year, with inflation, it might cost you $1.1m to achieve same. How long has ESG been around to compound this underinvestment??

Current Thread	Author	Time
Major U.S. oil companies warn: We are approaching brink...[more]	Free Thinking Doggie	08:43:35
>> There is a view expressed by some that the issues in the SOH, have merely served ... [more]	JonH🍕	10:27:59
>> You going to invest when twats like Miliband and Obama plus the EU and others ... [more]	Denc 🗡	15:24:08
>> I know bit this is not limited to UK. Almost a global wide phenomenon....[more]	JonH🍕	12:27:44

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