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SHC all over
Ah you may be right G. I thought MR lived down Everton way ….
Don’t think it’s MR tho Goon
Ditto Goon. Much needed humour on here
hahaha! Loving it MR Gerbil ....... (((-:
On the bottom of the pool surely. Come on have some taste.
He was a legend mate!
Hopefully one day our CEO Adonis will be a legend too!
£1 sell off and I will have a mural of him in my mansion. (-:
Enjoying my football atm Goon. Good win for your boys too. Did you see the coiner fans singing Viera…..Viera?
KB ..... You need to fink again ..... personally I still fink it is MR .....
KingBill .... 100% Growler is not The Gerbil ! Nice wins at the weekend G ! (-:
I bought a load more this morning @ 1890. Bit of a rubbish spread by hey ho. Hopefully I can still nick a sale @ 20p soon.....
Squeak squeak
Haha KB. Is not me…..
You’ve trawled through my posts and the best evidence you can come up with is fink.
You would never make a copper
@NewKOTB I think we have a duplicitous gerbil who is not entirely sure who he is.....
However, if you check out out his earlier posts you will see he had a penchant for the term "fink".
A term which has been used previously by "growler1664" using very similar deliberate grammatical errors.
See post below -
growler1664
Posted in: CHAR
Posts: 2,827
Price: 1.80
No Opinion
RE: Barney20 Apr 2020 18:18
Paid ramper? Wot u fink? The 10 percenters normally linger for around 2/3 weeks. 2 days must be some sort of record. Somebody tumbled him.
This in itself may not seem like very strong evidence as to who the gerbil really is but when you look at the overall picture where the majority of his posts are directed towards speedferret, and myself who he wrongly thinks is also speedferret, the evidence becomes much stronger as he clearly has an ongoing issue with speedferret.
It is just a shame he isn't smart enough to work out that I am not speedferret, nor do I even know or care who he/she is.
But much akin to a gerbil it would appear that growler1664 doesn't have the biggest of brains.
So "squeak squeak" growler1664 ;-))
There are a lot of smaller trades going through again today, just a shame most of them appear to be sells!
Oh dear .....
https://www.lse.co.uk/profiles/fq320mr/?page=1
There may be plenty of land in Africa, but for a project of this size & scale, you need a location that provides both wind & sun in equal measure and you also need a deep port from which to transport the product - which narrows down the real estate suitability criteria significantly. You also don't want to use land that could be used for something else i.e. residential or farm land. West coast of Mauritania is therefore prime real estate for green hydrogen production.
'green hydrogen' is nothing more than word salad for real estate for solar panels and there is plenty of it in north africa - it's not a scarcity. anybody can buy land in mauritania and call it a location for 'green hydrogen'....i can't get excited about or it's value.
Early stages, but I agree, Project Noir could be a huge income stream for Chariot in the future. No point in using precious nat gas that's being used to heat European homes to make fertilizer when this fertilizer could be made cheaper and carbon-free from Hydrogen. Definately one for the future, but with the MOU from port of Amsterdam, it also suggests that this future may not be too far off. The project could move quickly if/when others farm in. There's certainly a market for H forming in Europe. I wouldn't be surprised if building started within the next 5 years (with major support).
Looking at the size/acerage that Adonis/Chariot has secured from the Mauritanian government for this H project - it's absolutely gigantic!
Chariot reported that project nour will be one of the lowest cost producers in the world.
The irena report suggested a production cost of less than $2.00 per kg, let’s assume it’s $2.5 per kg that will generate ebitda of approx $2 billion per year. Based on a $5.33 per kg price.
That’s the basis of one hell of a farm out.
hard to believe it has a nil value in the share price.
Jimmy
The price of green hydrogen has recently increased hugely to over $16 per kg.
See.
https://www.utilitydive.com/news/green-hydrogen-prices-global-report/627776/
This would generate $3.7 billion in revenue at $5.33 per kg, being one third the current price.
The increase in output to 700,000 mt combined with the higher hydrogen price now makes this project a very attractive opportunity for a farm in. I expect total eren to be the lead candidate.
Perhaps the market should reconsider its nil value .
Jimmy
I believe project Noir to be a side play for Char. By this I mean that I don’t believe they have much intention to go too far into this project alone. However, if they progress it just a little bit… it could well be leveraged as part of a farm in deal for the gas plays. Giving a farm in partner some exclusivity to the prospects of a Low cost Green hydrogen project, could well leave us with a more favourable deal with the gas developments.
Just a thought, dyor
We know that Green Hydrogen is a strategic priority for Char:
“ Adonis Pouroulis, Acting CEO of Chariot, said: "Green hydrogen is a strategic priority for Chariot and will form a substantial part of the global energy transition going forward. We also believe that progressing this project will result in significant investment in Mauritania and benefit the region as a whole. The results of the PFS have underlined our belief in the economics and scale of this asset. Project Nour has the potential to be one of the key sources of green energy of the future with the opportunity to deliver a wide range of positive impacts and we are delighted to be partnering with the Government to help realise its ambition to become a world leader in the production and export of this valuable resource."
Chariot have a great opportunity with this Green Hydrogen and they are going to invest in it. It is such a large project they will be bringing partners in to do the heavy financial lifting. There is no evidence that they will “throw money “ at it. They will it seems to me fund it prudently bearing in mind the ultimate prize could be as large as the gas. The main focus at this time will be the gas because it is much closer to monetisation.
i really hope they are not throwing money at this green hydrogen (that's me being polite). it would be far better that they spend the money to bring in people into the char organisation who are competent to oversee feed, build and commisioning of subsea production manifold, pipeline and onshore process facilities.....imo, this represents better value for everybody and will bring in a quicker return.
The chariot website has recently been updated and has reported that project nour green hydrogen in Mauritania will be in production but 2030 and will be producing 700,000 mt of hydrogen per year. Previously this reported at 600,000 mt per year.
Jimmy