We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
... and still the market is under-whelmed. I cannot see just what will perk up the sp
Conrad Successfully Completes Oversubscribed A$13 million Placement to Advance Gas Projects and Announces A$2 million Security Purchase Plan
Proceeds will be used to complete a 3D seismic survey across the shallow water Aceh gas discoveries and continued project costs associated with the Mako gas project, as well as general working capital
The successful completion of the Placement ensures that the company will remain well funded through a number of near-term goals designed to further de-risk the Mako gas project and progress other key initiatives, including:
Finalisation of binding gas sale agreements for Mako to supply gas to Singapore;
Conclusion of Duyung Production Sharing Contract ("PSC") Farm-Down process;
Finalisation of project financing discussions;
Mako final investment decision
https://mcusercontent.com/443c891c4e3e5001f60581b4c/files/f7bd85e7-9a57-5db2-d101-0049f7d9592f/6A1192435_CRD.pdf
what is happening with *******stan ha ha ha , thought that was the oil game changer
Wait 12 months for wind data? No thanks, too much excitement.
What is happening with Mako!?
Nice!
Empyrean Energy PLC (AIM:EME) has said it is “eagerly” awaiting the finalisation of a long-term gas sale agreement for the Duyung PSC Project, offshore Indonesia.
'Updating on Monday, Empyrean said bids relating to the sell-down process to fund development of the project should be received by the end of this calendar year, with production of methane from the site due by 2025.
Chairman Patrick Cross said in the company’s interim results that he expected to update shortly on the sell-down process for Duyung, of which Empyrean owns 8.5%.
This would follow a non-binding agreement in September between Mako operator WNEL and Sembcorp Gas for the long-term sale of gas from the field.'
https://www.proactiveinvestors.co.uk/companies/news/1036520/empyrean-eagerly-awaiting-finalisation-of-indonesia-gas-sale-1036520.html
A nice sudden rise!
I do agree, but i think it is the Conrad partial, and our possible, sale of our share which is possible this quarter. Itwould seem from the boring rewewables news though that this is intended to keep on trading. If we get a positive result with the gas then i will be gone :)
I thought that this time last year and possibly the year before!!!
The GSA delay is getting beyond a joke and if it doesn't happen soon then Parsnip will have to try and re-negotiate the Loan notes which of course won't be at all favourable to us plebs. At this rate we will be left with peanuts after paying off the debt but hey ho as long as it covers salaries.
News in the next 6 weeks?
Whatever happened to the oil fields of b0ll0cstan?
Sadly the deal did not put very much cash in the bank! I confess to having been surprised that Prospex did not make a move for Coro's Italian assets, after all they are dripping with cash from their own Italian production and from their Spanish ones.
I expect further newsflow is likely close. All looking good for a further rise
Good that the sale has all gone through more cash in the bank
What next selling double glazing ....... How the mighty have fallen . Parson's has found his true level of his business acumen... He'll be on the phones called calling you nex....t seeing if you want a conservatory ..IMHO
I am not a fan of renewables investments in aim companies, I see them as slow and unexciting in a financial sense, however I feel this gives Coro some credibility and may help when re negotiating with the bond holders. Meanwhile I hope Mako is making progress.
Possibly awaiting possible farm out news this year first
At least the SP has held ok
Steady progress. I feel they need to get a move on with this bond.
Looking Good ;
15-Sep-23 14:46:29 0.30 5,000,000 Buy* 15.00k
So Buy Buy Buy
Thanks, Danielm89.
So, last quarter for a valuation – not too long to wait :)