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Seven-Bullet Monday - September 4, 2023

Here is your Seven-Bullet Monday

1. A quote I am pondering:

"You are never too old to set another goal or to dream a new dream." – C.S. Lewis

As they say, age is but a number, especially when chasing our passions and dreams. No matter the stage of life we find ourselves in, the potential for growth, change, and reinvention always exists. Our dreams are ageless, and so should our spirit be to achieve them.

2. A question I am asking myself:

How can we secure available low-carbon incentives in time for our many energy transition projects?

These are exciting times at Conuma, where numerous projects are underway or about to commence, including bringing the Quintette Mine back into production. Many projects will result in GHG reduction and energy efficiency, and these are precisely the kinds of projects that attract Canada and BC partial funding. The principal challenge is the lengthy funding approval timelines and how to secure these without delaying critical project timelines.

3. A book I am reading:

Not Zero: How an Irrational Target Will Impoverish You, Help China (and Won't Even Save the Planet) - Ross Clark

As you would guess from the title, the book is controversial. Clark sets out to prove that the UK government's legislated commitment to achieving Net Zero greenhouse gas emissions by 2050 is impractical and detrimental to the UK. He lays out the enormous challenge the UK has before it and, in many cases how the Government has too many wishes and too few actual plans. He also points out that UK legislation is effectively offshoring GHG production, which might improve the UK's statistics but isn't helping the planet. This book is not for everyone, but it is helpful to understand the arguments for and against different countries' approaches to decarbonization.

4. What I learnt this week

How blasting impacts methane levels in the air above our mines

While accompanying Professor Marc Bustin and Amanda Bustin around our mines this week, I saw the methane concentrations in the air immediately after a blast. It was fascinating to see some increase in the methane, but certainly not in multiples of the low levels we saw before that. It was also interesting to see the impact of the wind in dispersing the methane. In some shots, released methane ignites, converting it to carbon dioxide, which is an important consideration, given carbon dioxide has far less global warming potential than methane.

5. The highlight of my week

Visiting a flower farm with Leanne to do some flower cutting and arranging

Leanne signed us up for an evening of flower cutting and arranging on Friday. Having done neither before and being principally a numbers guy, this was certainly outside my comfort zone. It was the most beautiful, enjoyable, and relaxing evening, walking through an incredible array of flowering plants and picking whichever flowers we wanted. I settled into my role of assistant florist as Leanne did most of the crafting, producing a summer and fall arrangement. We also had the most beautiful sunset to wrap up the evening.

6. Hugh-tips

Make sure you have a properly registered will in place

Talking about wills can feel heavy, but they are essential to a sound financial plan. For your family and loved ones to lose you, if you should pass away, is hard enough, but having to cope with the stress of sorting through and allocating assets without any direction from you makes that burden even harder. A properly registered will, will ensure your assets and belongings are distributed according to your wishes and prevent potential disputes among your heirs. It will also minimize tax implications and provide clear directions if minor children are left, providing certainty and peace of mind for all involved.

7. My challenge/request for you for this week

Please send me one to three of the best books you have ever read or listened to

I'm on the hunt for more good books, so selfishly, this week, I'm asking if you can reply to this email with a couple of the best books you have read or listened to. Please and thank you :).

Have a wonderful week.

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