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Good afternoon and welcome to SOTA News
Network, where I have the daily news for
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00:00:09,050 --> 00:00:11,670
you. And this just in.
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NASA is to unveil more of the Webb Space
Telescope's versatile color images,
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00:00:16,930 --> 00:00:21,430
following a presidential sneak peek of a
galaxy -sided image from deep in the
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00:00:21,430 --> 00:00:22,430
cosmos.
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00:00:22,480 --> 00:00:26,180
NASA was due on Tuesday to unveil more
of its initial showcase from the James
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00:00:26,180 --> 00:00:30,800
Webb Space Telescope, the largest and
most powerful orbital observatory ever
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00:00:30,800 --> 00:00:35,080
launched. The first batch of full
-color, high -resolution pictures, which
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00:00:35,080 --> 00:00:38,080
weeks to render for raw telescope data,
were selected.
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00:00:39,120 --> 00:00:44,160
The 9 billion infrared telescope built
for NASA by aerospace giant Northrop
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00:00:44,160 --> 00:00:45,740
Grumman Corp.
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Ooh, sorry there, guys.
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00:00:48,560 --> 00:00:52,960
Once the telescope underwent a month
-long process to unfurl all of its
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00:00:52,960 --> 00:00:57,280
components, including a sun shield the
size of a tennis court, and to align its
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00:00:57,280 --> 00:01:01,460
mirrors and calibrate its instruments,
the introductory assortment of pictures
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00:01:01,460 --> 00:01:06,820
had been closely guarded secret until
Friday, when the space agency posted a
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00:01:06,820 --> 00:01:11,920
list of five celestial subjects chosen
for its big reveal on Tuesday at NASA's
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00:01:11,920 --> 00:01:14,300
Goddard Space Flight Center in
Greenville, Maryland.
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00:01:14,500 --> 00:01:15,500
Oh, wow.
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00:01:16,360 --> 00:01:23,320
The SMAC's 0723 image Biden released on
Monday showed a 4 .6 billion
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00:01:23,320 --> 00:01:28,320
year old galaxy cluster whose combined
mass acts as a gravitational lens,
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distorting space to greatly magnify the
light coming in from more distant
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galaxies behind it.
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That makes it just 800 million years
younger than the Big Bang, the
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flashpoint that set the expansion of the
known universe in motion.
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00:01:46,270 --> 00:01:48,550
some 13 .8 billion years ago.
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The bejeweled light composite photo,
according to NASA, offers the most
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00:01:55,110 --> 00:01:58,690
view of the early universe, as well as
the infrared image.
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Thousands of galaxies captured in a tiny
path of sky roughly the size of a grain
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00:02:04,390 --> 00:02:08,229
of sand, held at arm's length by someone
standing on Earth, Nelson said.
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00:02:10,750 --> 00:02:13,630
Megalodons like to snack on sperm whale
snout.
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Ancient...
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Megalodon sharks may have snacked on
sperm whales now, according to a new
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00:02:22,160 --> 00:02:27,440
analysis of the marine mammals'
fossilized skulls. An international team
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00:02:27,440 --> 00:02:33,060
researchers described signs of this
focalized foraging, aka deliberate
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00:02:33,300 --> 00:02:35,760
in 7 million -year -old whale bones.
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00:02:36,040 --> 00:02:41,900
Both modern and fossilized sperm whales
sport distinctive supercranial basins
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00:02:41,900 --> 00:02:44,340
that take up around a third of its body
length.
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00:02:44,730 --> 00:02:46,670
which can reach around 60 feet.
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00:02:46,990 --> 00:02:52,370
These massive heads house their
incredibly complex sound production
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00:02:52,530 --> 00:02:57,670
which enable them to make louder noises
than any other animal on the planet.
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00:02:57,970 --> 00:03:02,750
But most of the supercritical basin is
filled with an extremely fatty substance
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called spermaceti.
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00:03:05,610 --> 00:03:06,910
That's a lot of sperm.
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00:03:09,260 --> 00:03:13,320
But in this new study, which analyzed
various sperm whale specimens held at
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00:03:13,320 --> 00:03:18,440
Natural History Museum in Lima,
paleontologists found bite mark clusters
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correspond with the fattiest nasal
regions.
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I know, what else is fat?
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Well, this latest study gives us just a
small taste of the intriguing
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00:03:29,320 --> 00:03:30,720
megalodon's diet.
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00:03:31,310 --> 00:03:35,430
It does serve as a reminder that even
the most aggressive predators are
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generally not above grabbing some fast
food in the form of a whale carcass.
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Getting a little hot in here.
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00:03:45,290 --> 00:03:46,290
Oh my.
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00:03:47,210 --> 00:03:52,150
Something about the morning -afternoon
news just really gets me going, if you
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00:03:52,150 --> 00:03:53,150
know what I mean.
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00:04:00,880 --> 00:04:06,060
mysterious and fascinating as the giant
-headed sperm whales and long -lost mega
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00:04:06,060 --> 00:04:07,060
sharks on the menu.
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00:04:07,240 --> 00:04:10,200
It's no surprise that researchers are
hungry to learn more.
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Like I said, it's really hot. Oh, wow.
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This just in.
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Carnival...
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cruise brawl broke out after alleged
threesome sparked cheating accusations.
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This threesome rocked the boat.
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That wasn't the only thing rocking that
night, I'm sure.
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A wild brawl that erupted on the dance
floor of a big apple -bound carnival
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cruise ship was sparked by a jealousy
over a menage a trois, according to
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reports.
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00:04:47,130 --> 00:04:48,610
Excuse me.
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Getting really steamy in here.
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00:04:52,080 --> 00:04:57,560
This chaotic fight broke out between
roughly nearly 60 people near the
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Narrows Bridge on Tuesday when the
significant others accused their
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00:05:01,340 --> 00:05:02,340
cheating in a threesome.
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00:05:02,520 --> 00:05:06,320
The skirmish started at a nightclub on
the fifth floor of the Carnival Magic
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Shop at around 2 a .m. after the angry
lovers confronted their respective
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partners for two -timing on the seven
seas.
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The brawlers then began shoving each
other and smashing beer bottles, and one
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00:05:18,580 --> 00:05:20,780
them may have been sliced during the
melee.
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Sounds a little dangerous for a
threesome, if you ask me.
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Inside a giant flying luxury hotel that
can stay in the air for years, a giant
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nuclear -powered flying hotel with a gym
and swimming pool is set to carry
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5 ,000 passengers in an unparalleled
luxury.
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A new CGI video details...
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how the AI pilot SkyCruise plans to
remain airborne for months at a time,
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while docking to take on new passengers
or to drop off anyone aboard.
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The futuristic hybrid between plane and
hotel, which has 20 engines powered
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by nuclear fusion, is designed to never
land.
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Designs to run 24 -7 running repairs
would be carried out in flight, if first
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aviation.
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I wouldn't ask how many people it would
take to fly this gigantic plane.
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He said, all this technology and you
still want pilots?
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Despite plans for a manless ride, this
guy could still require plenty of staff
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on board the greatly...
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A detailed video also promises
restaurants, gigantic shopping malls, a
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pool.
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It would even be perfect as a sky cruise
offers a panoramic call.
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Ooh, excuse me.
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Breathtaking 360 views of the outside.
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However, despite the greatness promised,
not everyone is on board with the idea.
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00:07:05,480 --> 00:07:06,480
Catch my drift.
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Some may have called the sky cruise
concept the new Titanic, pointing out a
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00:07:11,080 --> 00:07:12,720
plethora of issues with its design.
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00:07:13,900 --> 00:07:16,800
Maybe there might be a little Jack and
Rose action as well.
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The huge airplane would have issues
taking off and would be far more
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aerodynamic. Others also pointed out
faults with the weight, saying that if
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aircraft powered by a nuclear reactor
crashed, it could destroy a city.
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Clearly, they don't care.
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00:07:36,300 --> 00:07:41,160
Texas avoids blackout powers used to
break more records in heatwaves. Power
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demand in Texas will luckily hit new
record highs this week as consumers
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00:07:45,060 --> 00:07:49,660
up the air conditioners to escape a
lingering heatwave after homes and
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00:07:49,660 --> 00:07:55,660
businesses help avoid rotating blackouts
by conserving energy on Monday.
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00:07:57,060 --> 00:08:02,060
The Electric Reliability Council of
Texas, AIRCOT, which operates the grid,
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00:08:03,720 --> 00:08:10,400
Of more than 26 million customers, OI,
representing about 90 % of the
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00:08:10,400 --> 00:08:14,540
state's power load, warned over the
weekend that it may have to take
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00:08:14,540 --> 00:08:19,920
measures on Monday, including rotating
blackouts to maintain reliability.
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00:08:21,280 --> 00:08:24,560
I wonder what's really causing their
heat wave.
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00:08:25,360 --> 00:08:30,940
But conservation efforts reduce energy
use enough to enable available resources
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00:08:30,940 --> 00:08:32,820
to meet Monday's record demand.
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00:08:33,640 --> 00:08:37,500
Extreme weather is a reminder of the
February freeze in 2021 that left
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00:08:37,500 --> 00:08:41,840
of Texans without power, water, and heat
for days during a deadly storm as
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00:08:41,840 --> 00:08:44,200
aircraft scrambled after the collapse.
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00:08:45,100 --> 00:08:49,960
AccuWeather said temperatures in
Houston, the biggest city in Texas, will
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00:08:49,960 --> 00:08:55,100
from 99 Fahrenheit on Tuesday to 100 on
Wednesday. That compares to a normal
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00:08:55,100 --> 00:08:57,080
high of 94 for this time of the year.
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00:08:57,740 --> 00:09:00,360
Aircraft forecast power to use a hit.
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00:09:02,050 --> 00:09:07,850
Preliminary 78 ,264 megawatts on Monday,
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00:09:08,070 --> 00:09:13,450
topping a record from July 8th.
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00:09:15,370 --> 00:09:21,290
Unlike Monday, however, ERCOT has not
urged consumers to conserve energy on
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00:09:21,290 --> 00:09:22,290
Tuesday and Wednesday.
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00:09:22,430 --> 00:09:26,590
One megawatt can power around 1 ,000 U
.S. homes on a typical day.
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00:09:28,510 --> 00:09:29,850
Excuse me.
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00:09:30,700 --> 00:09:34,280
I think I'm feeling that Texas heat wave
for sure all the way over here.
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00:09:36,960 --> 00:09:37,960
Okay.
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00:09:40,200 --> 00:09:46,000
Power prices at the Air Cotton North
Hub, which include Dallas, slid down 130
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00:09:46,000 --> 00:09:51,040
per megawatt an hour for Tuesday, for
Monday.
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00:09:51,240 --> 00:09:54,880
And that compared with an average of $68
so far this year.
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00:09:55,760 --> 00:09:59,500
$141 in 2021 and a five -year average of
$56.
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00:10:00,680 --> 00:10:05,440
This just in, American Airlines expects
a 12 % jump in second quarter revenue.
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00:10:05,920 --> 00:10:10,740
American Airlines Group Inc. said on
Tuesday it expects second quarter
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00:10:10,740 --> 00:10:16,780
to rise about 12 % from pre -pandemic
2019 at the time of the aviation
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00:10:16,780 --> 00:10:19,160
has been facing several headwinds.
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00:10:19,900 --> 00:10:24,380
Airlines have been grappling with
staffing shortages after letting go
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00:10:24,380 --> 00:10:27,900
of pilots when people stopped flying
during the depths of the coronavirus
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00:10:27,900 --> 00:10:28,900
pandemic.
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00:10:29,260 --> 00:10:35,740
Rising jet fuel prices around the world
caused by the Ukraine crisis have also
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00:10:35,740 --> 00:10:36,740
hurt the industry.
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00:10:38,080 --> 00:10:43,980
The Fort Worth, Texas -based carrier now
expects fuel expenses
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00:10:43,980 --> 00:10:50,640
to average between $4 .05 per gallon of
jet fuel versus previous
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00:10:50,640 --> 00:10:56,160
forecasts of $3 .92 and $3 .97 per
gallon.
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00:10:57,070 --> 00:11:02,430
the company had earlier forecast second
quarter revenue between 11
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00:11:26,540 --> 00:11:27,740
I don't know what came over me.
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00:11:30,680 --> 00:11:33,160
This coffee is extra caffeinated this
morning.
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00:11:36,740 --> 00:11:38,060
This just in.
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00:11:38,260 --> 00:11:43,800
OPEC expects global oil demand to rise
in 2023, but at a slower pace than this
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00:11:43,800 --> 00:11:48,240
year. The oil producer group said in a
monthly report on Tuesday, citing
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00:11:48,240 --> 00:11:53,820
economic growth and progress in
containing the COVID -19 in China.
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00:11:54,360 --> 00:11:56,100
Oh wow, that's a lot to contain.
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00:11:56,500 --> 00:12:02,300
The Organization of Petroleum Exporting
Countries, OPEC, said it expects demand
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00:12:02,300 --> 00:12:07,080
to rise by 2 .7 million barrels per day
in 2023.
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00:12:07,840 --> 00:12:09,260
That's a lot of gas.
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00:12:09,620 --> 00:12:15,840
It left this year's growth forecast
unchanged at 3 .36 million BPD.
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00:12:17,180 --> 00:12:21,740
Oil use has rebounded from the pandemic.
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00:12:22,400 --> 00:12:28,960
induced slumps in 2020 and is set to
exceed
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00:12:28,960 --> 00:12:30,860
2019 levels this year.
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00:12:31,120 --> 00:12:36,680
Despite the impact of the war in
Ukraine, soaring prices and inflation
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00:12:36,680 --> 00:12:41,360
strict Chinese measures to curb COVID
-19 infections.
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00:12:43,380 --> 00:12:50,180
In 2023, expectations for healthy global
economic growth amidst improvements in
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00:12:50,180 --> 00:12:55,460
geopolitical development combined with
expected improvements in the containment
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00:12:55,460 --> 00:13:02,320
of COVID -19 in China are
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00:13:02,320 --> 00:13:04,280
expected to boost consumption of oil.
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00:13:07,220 --> 00:13:08,620
Oh my.
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00:13:11,800 --> 00:13:18,800
Oh, OPEC said in the report, OPEC's
demand forecast for 2023, it's hard
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00:13:18,800 --> 00:13:24,450
to... Oh, more... optimistic than the
International Energy Agency.
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00:13:26,650 --> 00:13:32,930
Another closely watched forecaster, as
well as initial views from OPEC,
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00:13:33,070 --> 00:13:36,010
delegates calling for a steeper
slowdown.
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00:13:37,330 --> 00:13:39,830
Definitely feeling the need for a
slowdown.
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00:13:41,350 --> 00:13:47,290
OPEC said its 2023 forecast assumes that
there will be no escalation of the war
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00:13:47,290 --> 00:13:52,140
in Ukraine and that risks... such as
inflation, do not take a heavy toll on
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00:13:52,140 --> 00:13:53,300
global economic growth.
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00:13:53,800 --> 00:13:55,600
Well, we will see about that.
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00:13:56,280 --> 00:14:03,120
OPEC kept this year's global economic
growth forecast at 3 .5 % and the
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00:14:03,120 --> 00:14:05,740
growth of 3 .2 % in 2023.
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00:14:07,140 --> 00:14:11,520
Adding uncertainty was skewed to the
downside and upside potential quite
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00:14:11,520 --> 00:14:12,520
limited.
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00:14:13,200 --> 00:14:18,140
Oil held on to an earlier decline after
the report was released.
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00:14:19,950 --> 00:14:26,770
Trading below $103 a barrel and well off
the near record high of $139. And it
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00:14:26,770 --> 00:14:29,290
hit in March.
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00:14:51,080 --> 00:14:52,080
Oh my gosh.
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00:14:54,040 --> 00:14:58,440
Something about today's news report
really has me going.
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00:15:00,580 --> 00:15:01,140
Oh
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00:15:01,140 --> 00:15:07,700
my.
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00:15:14,260 --> 00:15:18,560
But I actually think I have a few
messages today from reviewers that I
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00:15:18,560 --> 00:15:19,900
like to share with all of you.
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00:15:24,400 --> 00:15:25,520
Is it just me?
195
00:15:26,540 --> 00:15:27,540
Oh my.
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00:15:33,200 --> 00:15:34,200
Mr.
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00:15:37,980 --> 00:15:39,820
JR1, is this live?
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00:15:40,220 --> 00:15:42,380
Yes, this is 100 % live.
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00:15:44,180 --> 00:15:47,840
I'm here bringing you the latest news
every day.
200
00:15:55,020 --> 00:15:58,840
Mr. JR1, is she aware she's on set with
no panties on?
201
00:16:01,040 --> 00:16:03,940
Panties? I didn't know that was required
for today's uniform.
202
00:16:05,000 --> 00:16:09,660
Typically that does not hinder my
ability to give you all the latest news.
203
00:16:12,740 --> 00:16:16,700
Big Dick Henry IV, quote, I rock hard.
204
00:16:17,360 --> 00:16:22,060
Amazing. Something about the news just
really gets me going and turned on as
205
00:16:22,060 --> 00:16:23,060
well.
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00:16:25,290 --> 00:16:29,590
This just in boners are to be had
everywhere by everyone today
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00:16:54,060 --> 00:16:57,460
You know, maybe some of this wetness I'm
having down here can help with that
208
00:16:57,460 --> 00:16:58,460
Texas heat wave.
209
00:17:03,280 --> 00:17:06,619
Oh my.
210
00:17:08,819 --> 00:17:15,800
I think I'm getting some more news right
now.
211
00:17:17,619 --> 00:17:18,619
Let me see.
212
00:17:22,730 --> 00:17:24,310
I have my next report in right now.
213
00:17:26,329 --> 00:17:27,329
Oh my goodness.
214
00:17:32,710 --> 00:17:38,630
Walmart to electrify its delivery fleet
with Canoe EVs. Walmart Inc. has struck
215
00:17:38,630 --> 00:17:43,410
a deal with Canoe Inc. to buy 4 ,500
electric vehicles.
216
00:17:44,690 --> 00:17:46,570
It's part of the U .S.
217
00:17:46,770 --> 00:17:50,950
retailer's goal to achieve net zero
emissions by 2040.
218
00:17:52,650 --> 00:17:57,470
Shares of Canoe jumped up about 38 % in
trading before the bell after Walmart
219
00:17:57,470 --> 00:18:03,010
said on Tuesday that it also had an
option to purchase up to 10 ,000 units
220
00:18:03,010 --> 00:18:04,810
electrifies its delivery fleet.
221
00:18:06,730 --> 00:18:08,110
Something about electricity.
222
00:18:09,290 --> 00:18:15,970
Financial terms of this deal were not
disclosed. However, in June, Walmart
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00:18:15,970 --> 00:18:18,790
it was expanding transportation pilots.
224
00:18:19,470 --> 00:18:25,230
with the manufacturers of electric
hydrogen and natural gas -powered
225
00:18:25,370 --> 00:18:26,790
including Cummins Inc.
226
00:18:27,070 --> 00:18:30,670
and Daimler Trucks Freightliner.
227
00:18:31,830 --> 00:18:37,910
The retailer in January said it had
reserved 5 ,000 electric delivery vans
228
00:18:37,910 --> 00:18:40,190
General Motors' commercial EV business.
229
00:18:42,730 --> 00:18:46,650
Bright drop. A large number of companies
have been pushing into the growing
230
00:18:46,650 --> 00:18:50,850
commercial EV space as governments
around the world are pressing companies
231
00:18:50,850 --> 00:18:52,330
slash CO2 emissions.
232
00:18:53,190 --> 00:18:59,250
Companies including Static Corp., Amazon
.com, and United Parcel Services, Inc.
233
00:18:59,290 --> 00:19:02,710
have pledged to shift their large
delivery fleet to EVs.
234
00:19:03,770 --> 00:19:09,290
The deal announced on Tuesday also
includes Canoo's fully electric
235
00:19:09,290 --> 00:19:11,830
delivery vehicle, the EV Startup.
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00:19:12,030 --> 00:19:17,730
and anticipates the starting production
of the LDVs beginning in the fourth
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00:19:17,730 --> 00:19:18,730
quarter of 2022.
238
00:19:19,150 --> 00:19:20,810
Better be on the lookout for that.
239
00:19:21,990 --> 00:19:28,790
The new chief executive Tony Akula said
the firm expects to build 14
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00:19:28,790 --> 00:19:33,310
,017 sets of vehicles in 2023.
241
00:19:50,920 --> 00:19:53,460
factory, Hyundai Motor, set on Tuesday.
242
00:19:53,760 --> 00:19:59,580
It would build a dedicated electric
vehicle factory in South Korea that will
243
00:19:59,580 --> 00:20:04,680
become its first automobile plant to
open in the country in almost three
244
00:20:04,680 --> 00:20:05,680
decades.
245
00:20:09,780 --> 00:20:16,380
Production is due to begin by 2025, the
246
00:20:16,380 --> 00:20:17,500
company's union said.
247
00:20:17,950 --> 00:20:22,310
statement relaying a pledge that the
company has in wage negotiations.
248
00:20:23,930 --> 00:20:27,250
Looks like everything is going electric
in this modern day age.
249
00:20:29,990 --> 00:20:33,150
Hyundai Motor gave no further details in
its statement.
250
00:20:36,570 --> 00:20:41,330
Hyundai Motor's unionized workers in
South Korea voted this month for a
251
00:20:41,330 --> 00:20:44,590
strike the first time in four years over
demand for higher wages.
252
00:20:45,450 --> 00:20:49,890
They were also angry at management
prioritizing investment outside the
253
00:21:12,460 --> 00:21:16,580
thank you to one of our amazing viewers
this morning, USAGuy93.
254
00:21:17,040 --> 00:21:21,720
Thank you for supporting the Soda News
Network as we give you the latest sexy
255
00:21:21,720 --> 00:21:22,720
news.
256
00:21:24,600 --> 00:21:30,980
I think I'm getting another incoming
257
00:21:30,980 --> 00:21:33,980
news transmission for you all.
258
00:21:36,700 --> 00:21:37,700
Wow.
259
00:21:51,669 --> 00:21:54,470
Oh wow.
260
00:22:03,930 --> 00:22:05,330
Hold
261
00:22:05,330 --> 00:22:12,010
on.
262
00:23:02,860 --> 00:23:05,040
We just got another message from one of
our viewers.
263
00:23:06,120 --> 00:23:11,000
GFAM growth. This is awesome. Thank you
so much. It is very awesome indeed.
264
00:23:14,260 --> 00:23:17,740
I have our next news transmission right
here.
265
00:23:51,560 --> 00:23:54,980
resume its automobile plant to open in
the country almost three decades
266
00:23:54,980 --> 00:23:57,700
production is due to begin by 2025.
267
00:24:00,140 --> 00:24:04,780
super exciting that we are getting a
development and evs in the coming years
268
00:24:04,780 --> 00:24:11,760
honda motors unionized workers in south
korea voted this month
269
00:24:11,760 --> 00:24:16,380
for a possible strike the first time in
four years on demands for higher wages
270
00:24:21,890 --> 00:24:28,150
The EV factory facility in Georgia is
scheduled to break ground in early 2023.
271
00:24:31,130 --> 00:24:36,070
Sales of internal combustion engine
vehicles are scheduled to be banned in
272
00:24:36,070 --> 00:24:42,070
certain markets, so the new EV factory
is in its final hunting mode of
273
00:24:43,750 --> 00:24:46,270
Test -fired booster rocket first
274
00:24:50,090 --> 00:24:55,230
booster rocket developed by Elon Musk's
space expert's next -generation Starship
275
00:24:55,230 --> 00:25:01,230
spacecraft was in the flames during a
ground test firing on Monday in Texas,
276
00:25:01,370 --> 00:25:06,770
dealing a license setback that Musk's
aim of launching Starship to orbit this
277
00:25:06,770 --> 00:25:12,550
year. Yeah, exactly not good. The team
is assessing damage, Musk said on
278
00:25:12,550 --> 00:25:16,890
Twitter, after the early evening
explosion of the super -heavy Booster 7
279
00:25:16,890 --> 00:25:22,300
prototype. as seen in a live stream
reported by the website NASA Space
280
00:25:22,740 --> 00:25:26,100
There was no immediate indication of
injuries.
281
00:25:26,720 --> 00:25:31,560
The explosion, which engulfed the base
of the rocket in a ball flint and heavy
282
00:25:31,560 --> 00:25:35,620
smoke, appeared to shake the video
camera, with specifics to the engine
283
00:25:35,620 --> 00:25:37,560
start test, Musk said on Tuesday.
284
00:25:38,700 --> 00:25:45,520
Going forward, we won't do a spin test
start with all 33 engines
285
00:25:45,520 --> 00:25:46,520
at once.
286
00:25:46,700 --> 00:25:50,400
The booster remained standing upright,
bolted to a test gantry afterward.
287
00:25:50,740 --> 00:25:57,000
The failure came in the midst of a days
-long static fire test campaign in Boca
288
00:25:57,000 --> 00:25:58,000
Chica, Texas.
289
00:25:58,280 --> 00:26:03,360
Of the booster equipped with an array of
33 Raptor engines for the use in an
290
00:26:03,360 --> 00:26:10,120
upcoming uncrewed orbit test flight,
SpaceX hopes to launch later this year.
291
00:26:16,540 --> 00:26:22,660
tall when mated with this heavy first
stage booster in the company's next
292
00:26:22,660 --> 00:26:24,440
generation launch vehicle.
293
00:26:25,520 --> 00:26:31,600
I'm getting some more news in right now.
294
00:26:59,990 --> 00:27:03,990
Shares hit by short sellers lithium tech
allegations.
295
00:27:04,450 --> 00:27:11,270
Short seller J Capital Research on
Monday alleged the Lake Resources NL
296
00:27:11,270 --> 00:27:18,070
produce lithium in Argentina is based on
a process from Lilac
297
00:27:18,070 --> 00:27:21,150
Solutions Inc. that likely does not
work.
298
00:27:22,310 --> 00:27:23,390
Oh my.
299
00:27:24,290 --> 00:27:27,210
The latest attack against new
technologies.
300
00:27:28,040 --> 00:27:30,680
aiming to produce the electric vehicle's
battery metal.
301
00:27:32,000 --> 00:27:38,740
Shares of lake which are treated in
Australia fell 6 .3 % on Monday after
302
00:27:38,740 --> 00:27:43,820
Jay Capital's report outlined several
alleged missteps by lake management and
303
00:27:43,820 --> 00:27:48,840
claimed that technology developed by
Lilac is too costly to run and uses too
304
00:27:48,840 --> 00:27:49,840
much fresh water.
305
00:27:51,660 --> 00:27:55,660
Privately held, Lilac is among the most
prominent developers of so -called
306
00:27:55,660 --> 00:28:00,460
direct lithium extraction technologies,
aiming to extract the battery metal from
307
00:28:00,460 --> 00:28:02,420
brine using a range of equipment.
308
00:28:03,360 --> 00:28:09,100
Though none have worked at the
commercial scale, Lilac signs a deal
309
00:28:09,100 --> 00:28:13,840
last September to develop a catchy
lithium project in Argentina.
310
00:28:22,920 --> 00:28:23,920
You know what?
311
00:28:24,620 --> 00:28:30,200
I think something happened with my
civilian chair, so I thought I would end
312
00:28:30,200 --> 00:28:33,680
today's news with a nice big show for
you all.
313
00:28:38,120 --> 00:28:42,240
Like I said, something about the news
just really gets me going.
314
00:29:19,560 --> 00:29:20,560
news to you.
315
00:29:21,140 --> 00:29:24,020
And you as well, 420 Stones.
316
00:29:24,320 --> 00:29:26,520
More news always coming to you.
317
00:29:29,180 --> 00:29:30,880
Oh my god, yes.
318
00:29:33,120 --> 00:29:38,740
Yes. Why don't you all come with me to
finish off this nice newscast.
319
00:30:49,260 --> 00:30:51,140
coming straight for you.
320
00:30:56,860 --> 00:31:00,160
See you all next time on Soda News
Network.
27729
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