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rfarfa that's the common misconception. Yes when you burn pure hydrogen with pure Oxygen you get H²O.
However in the boiler example you are still burning natural gas mixed with air.
In the pure Hydrogen case you are burning that mixed with air. Air is made up of 78% N so you get as a bi-product NOx which can have a negative effect on vegetation and also form ozone which can further damage vegetation.
In time NOx levels would rise as CO2 levels have. There are ways to deal with it locally but as I said earlier it's not the magic silver bullet.
09:02 I don't mind bang the drum ! so that there is no misunderstanding. The introduction of 20% hydrogen is simple's many modern domestic gas boilers were designed to be able to burn upto a 20% hydrogen mix. Let is not forget that the old Town Gas contained upto 49% hydrogen, dependant on the actual gas conversion plant used. Now we need to address the byproducts when burning hydrogen, sufficient to say that you can drink it, well it does have the same chemical formula H²O
rfarfa without upsetting anyone and banging the same drum any longer (I think I've made my points) I will take the risk of responding to your request for further clarification. There are proposals and trials already where natural gas is being augmented with Hydrogen in a ration of about 80:20 I believe. There are obviously serious safety issues with hydrogen (as there are with nat gas of course) but also the current boilers aren't configured to run on pure Hydrogen. However even if 100% pure Hydrogen were pumped into homes via the existing gas network it's still not the silver bullet due to the emissions that result. It's just swapping one problem for another.
I’m not invested in any hydrocarbon companies. I’m in the process of retro upgrading my home to be passive or as close to achieving passive status as possible. New additional ‘warm roof’ insulation, new additional insulated cladding, triple glazing with additional glazing added for solar gain at the south elevation and reduced glazing at the north, draught proofing, photovoltaic solar panels and an air source heat pump. Gas will be ripped out back to the street.
Umm NRG so when you predict oil would rise wouldn’t you just buy oil? Obviously CA see something else but this wouldn’t matter to yourself as your not it or out just stuck in a box hoping somebody will open it soon and find out if your dead or alive or something in between.
Or they simply predicted the price of oil would rise and along with it HUR!
I suspect they’ll ‘sell-out’ soon with a %holding to the ‘buyer’ than gives them control of HUR. CA will transact (give) the shares to the ‘buyer’ at a discount in an off market/off-book transaction so as to protect the share price in the process, but also at a price that allows CA to cover their position. Win win for CA and also for the new ‘owner’ as the price won’t be getting driven one way or the other as it would if CA were selling on the open market or the ‘buyer’ was trying to build their position in the open market.
Pure speculation but CA are a fund, not an oil company. Perhaps they’re in cahoots with Kerogen.
CA have upped their stake for a reason and have been quiet for a little while since they last pulled a rabbit out of the hat re investigating the old BoD. It would not surprise me if they pulled another one out of the hat in the near future
This share has been travelling one way in the last 4 months and will continue doing the same upwards movement…. CA is investing millions of pounds here and added big numbers lately at even lower oil price than now. All RNSs since are positive and even AM admitted HUR fortune have improved. Then we have irrelevant posts by someone who thinks that he is knowing better than all …lol.
Holding significant number here and in big blue but not selling a single share as I am more confident than ever that HUR is the best recovery oiler with the current bullish oil price..
Holding strong GL investors and ignore the trolls.. As always please dyor..
wait......were the questions 1. why are you not holding shares in a stock you don't believe in? Followed by 2. Why don't you short it. My answers to both are around risk but the crazies here don't seem to factor in risk and think I'm some sort of a cat, or a duck. Not one person has put a cognisant argument forward all day with the possible exception of Daltry, who I respect. Instead its a one way diatribe of slights. Give yourselves a clap guys. Anyone looking in would think you were projecting.
Who could be bothered to chat **** about something they had no interest in… ??!!Avoiding answering direct and business like questions and working on some agenda of trying to be a clever trader.!!??or bitterness go and play in the road or get back in the pond but really you’re very boring…. Far less educated and clever then our previous Obnoxious self-righteous troll for the last eight months which I won’t mention his obnoxious name!! He has to crawled back under his immature and naive stone… why don’t you stop making a fool of yourself and do the same thing he ended up with egg on his face as you have and continue to do quite sad and pathetic..!!
I said in my previous posts there are options and it's not like rabbits haven't been pulled out of hats before! If I'd shorted at 0.7p where would I be now? Maybe the company is goading shorters to short and are over-playing the guidance on bubble point happening in Q1 2022 and if it instead takes another 6 months what then for the shorter? What if the plan is a worker-over and they do a rig deal based on risk and reward so don't need funding to the same extent, i.e. pay them from production only if the results are good. Too many levers to pull for me to risk a single penny. If they sort the current situation with regards to one well maybe one day I'll invest again.