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Sam Berridge

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@strikeextent

Commodities | Fund Manager | Mining & Energy Investment | Geologist | Navigating the future of natural resources
Perth, Western Australia Joined January 2012
595 Following 3.7K Followers 2.6K Posts

Latest posts 5

Sam Berridge Verified account @strikeextent
Impressive stats...
KanekoaTheGreat Verified account @KanekoaTheGreat Oct 20
ELON MUSK: SpaceX took the team that dominates space and “applied that same team to the deployment of terrestrial compute.”

“This is a bit like the New York Yankees playing in little league. It’s not fair.”

SpaceX puts almost 90% of all mass into orbit. China is roughly 6%. The rest of the world combined, including the rest of the U.S., is about 4%.

That’s “an order of magnitude greater” than all its space competitors combined.

Now that team is deploying power, cooling, and infrastructure “vastly faster than anyone else, and may at some point be faster than everyone else combined.”

“Let that sink in for a minute.”
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Sam Berridge Verified account @strikeextent
This is pretty bad. Another once highly regarded Australian institution found to be cooking the books for reasons up to your imagination...

"The audit also found that at Sydney Observatory, maximum temperature adjustments were positive in every year from 1910 to 2020, amounting to 110 years of one-way changes with no net cooling adjustment applied."

“These are not subtle statistical anomalies; they are obvious patterns of human intervention that should have been flagged by any competent quality control system,” Mr Berger said.

Mr Berger is a former computer engineer and specialist in data-based deception analysis. He has assisted the FBI with deception training and develops specialist software to conduct forensic analysis of big data.
theaustralian.com.au/nation/bureau-…
22 replies 47 reposts 273 likes 6.7K views View on X
Sam Berridge Verified account @strikeextent
A half-full glass for those in need. Every now and again commodity equities become completely detached from the price of the commodity they produce, but it doesn't last forever.

Chart 1 spodumene vs PLS & LTR back in 2022.
Chart 2 uranium vs a couple of producers.
Chart 3 NdPr vs rare earth producers.
3 replies 3 reposts 41 likes 3.8K views View on X
Sam Berridge Verified account @strikeextent
The rates of pay for unskilled labourer vs doctors in this are astounding.
Dave Hughes Verified account @DHughesy Oct 10
An X user fact checked my ‘unskilled labourers on Taxpayer funded sites in Victoria get double the pay of resident Doctors in Taxpayer funded hospitals on Sundays”. Truth is I’d already done this, I don’t post without checking, but I’m happy for anyone else to do it too. The @victorianlabor Government are controlled by the CFMEU, not the medical association, so the union get all the cash to go as slow as possible on worksites and sick honest Victorian’s have to go without proper care. There are so many brand new hospital wards empty in new Victorian Hospitals because the Labor/CFMEU coalition gouge so much taxpayer money during the hospital builds there’s none left to make any use of the new buildings to fulfill their purpose. How long as a state are we going to allow this to happen?
The new ‘integrity not optional’ Premier @BenCarrollMP is just lying his way through this election campaign, with every scare tactic under the sun again, so it leads me to believe that integrity will always be optional while @victorianlabor run Victoria.

Fact review
For 8 ordinary hours on a Sunday, first-year public hospital doctors get $517.42 while general unskilled labourers on the Suburban Rail Loop get $1,023.44 to $1,155.28 (including site allowance) — about twice to a bit over twice the doctor.

First-year doctor — Enterprise Agreement AE518015

Weekly base (first full pay period on/after 1 March 2025): $1,638.49 (HM11 Intern)
Ordinary hourly rate = weekly ÷ 38 = $43.1182/hour
Sunday ordinary hours: 150% (cl 37.2(a))
Calculation: $1,638.49 ÷ 38 × 1.5 × 8 = $517.42

SRL Unskilled TW1–TW4 — Enterprise Agreement AE532306
Sunday = double base (cls 39.7 / 44); site $11.15/hr all hours (PPC 1 July 2026)

TW1: $58.39 → $934.24 @ 2× + site = $1,023.44
TW2: $65.20 → $1,043.20 @ 2x + site = $1,132.40
TW3: $66.07 → $1,057.12 @ 2x + site = $1,146.32
TW4: $66.63 → $1,066.08 @ 2x + site = $1,155.28

References
AE518015:
[dms.fwc.gov.au/document-view/…](dms.fwc.gov.au/document-view/…)
Wages (FFPPOA 1 Mar 2025):
[westernhealth.org.au/sites/default/…](westernhealth.org.au/sites/default/…)
AE532306:
[fwc.gov.au/document-view/…](fwc.gov.au/document-view/…)
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