Is there any way a sub orbital flight and a full on orbital flight will ever become affordable in my lifetime?
The two are about as different as recreational sailing is from transoceanic cargo shipping. I generally tend to see it as a blind alley, but I am willing to let myself be surprised.
As for going to space in your lifetime, petition your government to give more grants to the Reaction Engines Ltd., the company behind SKYLON. If Cameron find some 10 billion pounds in the budget, you should be much closer to getting to orbit in 10 years time

(If everything goes according to plan, which almost never happens in the space business

).
I disagree that using the European settlement of the Americas as an example is fallacious. Though there were quick riches to be made for Spain and Portugal the English did not have such an easy time of it. The only quick return the English could get out of colonization is lumber, but they could have gotten that in the old world. The English came up with inventive ways to use the land to make the venture profitable. For example, Jamestown almost went to ruin, and was only saved by the start up of the Tobacco industry. The south was made profitable off the farming of Rice and Dyes, and later Cotton. The north only off of fishing and shipbuilding. Mars could be used in similar respects. Maybe the mining of an abundant metal, or a natural gas. Or maybe even the large amount of unclaimed, unregulated land could be used for automated factories. This of course would need a large advancement in technology. Right now we can be compared to the Vikings, who with great difficulty were able to make it to Greenland. With more advanced technology it became more viable and more profitable.
The problem with these analogies is that wherever people went in the Americas, there was breathable air, water, plants and animals. Even if there were no natives, gold, silver or other resources to be economically exploited, settlement would have been relatively easy.
This is not the case in space, where it is bloody difficult in almost any place we can realistically go to. (And BTW, the English only began colonizing North America some 100 years after the Spanish. Apply that experience to space and you'll see why I am something desperately pessimistic.)
No sorry, it doesn't make sense and it
cannot make sense. Some other material perhaps, but you could probably synthesize 1000x more oil from simple biomass here on Earth with the energy it would take to transport the same amount from Mars assuming there was some, for which there is ZERO evidence.
It all has to start somewhere is where I am saying. And besides government programs are only becoming increasingly more marginalized because of economic downturn and loss of public interest so then where is it going to come from? Is it not? Then what is the point of tracking news about Space if you think space exploration is ending?
I don't think that, I am merely trying to be realistic. I've been following these news for about a decade, so I believe I was exposed to a healthy dose of caution. It serves no purpose to hype things and be too optimistic, it only makes the inevitable disappointment worse.
IMO, mining stuff on other planets will be useful only in far future, when there will be bases, established on those planets which would require such resources. Or if we find something very expensive which cannot be obtained on Earth. Drilling water on Moon, for Moon base (if it will be possible) is probably the most realistic project for space mining in mid-term future.
Agreed. Water (and oxygen from the lunar soil) could potentially be a valuable export if a lunar base is constructed. Other materials from the Moon could also be exported to the Lagrangian points or to low Earth orbit. (I think I need to include a small glossary to the opening post...)
What do you think about private space companies then? It looks like they cannot be profitable in near future, except maybe if they will offer relatively cheap space tourist trips.
My opinion is this: it's a very good thing in principle to try to reduce costs by engaging truly private, independent companies instead of the same old heavily subsidised aerospace contractors with lobbyists everywhere, who will charge you $1000 for every nut and bolt and pretend that's "cheap". Yes, space agencies should be more like customers - they should define what they want to accomplish, and then buy/order the necessary hardware in an open bid from someone who offers the lowest price. That's the only way to kill the cost spiral of death that's been stifling space exploration for decades.
On the other hand, if anybody thinks a private company will invest billions from its own pocket to send people to Mars for no profit whatsoever, that somebody is delusional. The government(s) need to provide money to generate the necessary impulse to do things, the drive to go somewhere. Without it, it will take centuries for us to really go beyond LEO.
Just my two eurocents.