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Doubt they will win but ...
https://alaskabeacon.com/2024/05/22/eight-young-alaskans-sue-to-block-proposed-trans-alaska-natural-gas-pipeline/
17:30
Discussions with Japan mean nothing if there is no liquification facility.
Its important that everyone here realises that there is a very substantial hurdle for ADGC to get over before even the stand alone pipeline can be built, should the stand alone gas line be built the plan is specific that initial sales would only be to Alaska South Central customers only and not to the vast overseas market until if and when the liquification plant is in operation.
Will that stand alone gas pipeline be any more attractive to potential private investors than the whole project I do not know.
If it works out fantastic but nothing is cast iron guaranteed and remember the current political situation could change by 2029.
https://www.adn.com/business-economy/energy/2024/02/27/alaska-natural-gas-promoter-floats-new-plan-send-north-slope-gas-to-southcentral-first/
And the public discussions with Japan.
They need LNG....AND somewhere to store captured carbon.
BA - Not just domestic - As I understand it there are many industrial clients that could reignite once cheap supply is established - like fertilizer production...
But like scouser said this is a Bonus not a Must
Https://www.akleg.gov/basis/get_documents.asp?session=33&docid=29743
Phase 1 is mentioned but we all know phase 1 is going to happen unless phase 2 is approved
I believe this will happen.
A liquefaction terminal will be a game changer
Providing gas for 750,000 locals won’t , surely?
Pipeline only (phase 1) is for local gas supply only. Therefore no requirement for LNG.
And before the usual 🤡🤡 start wasting their time: this is just a POTENTIAL revenue stream for our waste.
It is NOT yet factored in to the recent LKA analysis.
As said Blackadder. The plant will be at the end of the pipeline. Simple enough. LNG!
Rabito
How can there not be liquefaction or am I missing something?
By the way . I’m all for it .
But this must be shipped as liquid to Japan etc
Https://agdc.maps.arcgis.com/apps/webappviewer/index.html?id=75c71217dd3048ad92121cdf2b593c55
Great map showing plan
AGDC LIQUEFACTION PLANT PERMIT MATERIAL
Alaska Gasline Development Corporation (AGDC) is planning the construction of the Liquefaction Plant. A new stationary source located in Southcentral Alaska’s Kenai Peninsula, approximately 3 miles southwest of Nikiski and 8.5 miles north of Kenai. The Liquefaction Plant is planned to encompass 921 acres, including 901 acres onshore for the liquefied natural gas (LNG) Plant as well as 20 acres offshore for the Marine Terminal. The Liquefaction Plant will be the terminus of an approximately 807-mile gas pipeline, allowing natural gas from Alaska’s North Slope to be shipped to outside markets. The stationary source will consist of structures and equipment associated with processing, storage, and loading of LNG. There will be three liquefaction trains combining to process up to approximately 20 million metric tons per annum of LNG.
THE PIPELINE
The backbone of the project is an 800-mile pipeline starting on the North Slope and terminating in Southcentral Alaska. With the pipeline will come a stable supply of natural gas for Alaskans, ensuring they have access to a long-term and affordable gas supply for home heating and industrial needs. This economic resource will also drive multiple industries for Alaska including refining, mining, and other industrial developments throughout resource-rich Alaska. The pipeline will transport North Slope resources to Nikiski for export to international LNG markets, ensuring demand and spurring new exploration projects throughout the state.
800-mile (1,287 km), 42-inch (1.1 m) diameter natural gas pipeline.
Multiple interconnection points for in-state gas distribution.
Eight compressor stations.
2,075 psig (143 bar) operating pressure.
Average throughput of 3.1 billion cubic feet per day; maximum capacity of 3.3 billion cubic feet per day.
My understanding is the pipeline only deal does not need a liquification plant. I am pretty sure the AGDC are well aware of the requirement for each of the stages. They have been granted funding for another year which suggests there must have been progress as inferred by Dunleavy at CERA week.
Alaska running out of gas and the fallout of the war in Ukraine have created a very different environment regards energy security to the benefit of the pipeline proposals. As I understand a significant portion of the costs are backed by federal loan guarantees.
16:44
Importantly (and after many years of trying) AGDC has yet to resolve the thorny issue of who is going to pay for the actual construction of the pipeline rated at $44B in attached article, the state has most definately said they will not finance.
AGDC has floated the idea of a pipeline only deal but that seems to forget that they still need treatment plants to remove impurities and a liquefaction plant if the project is to work and they cost a lot.
Its a great idea but unsure if it will ever come to fruition.
https://alaskapublic.org/2023/05/08/state-owned-corporation-asks-for-5-6-million-to-keep-alaska-gas-pipeline-quest-alive/
https://www.adn.com/business-economy/energy/2024/05/01/alaska-gas-line-leaders-ask-lawmakers-to-support-giving-44b-project-until-years-end-to-succeed-or-die/
https://agdc.us/
Nice one Lufc, good and timely reminder!
Anyone who has not yet filtered David85 - have a look at his posts - hes a new username just a month ago and also deramping on another stock also! Hes not a legit or long time member like ourselves
Like this you mean lol
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Conversation
Pantheon Resources
@PantheonResour1
Last week, the Alaska State Legislature provided a statement of intent regarding the Alaska Gasline Development Corporation, allocating $5.5m in funds. This is in order to meet the energy needs of Alaskans and continue to advance a potential LNG export project.
🗒️ It is the intent of the legislature that the AGDC:
Continue to work towards advancing a pipeline project proposal which would deliver North Slope natural gas to Alaska's utilities, businesses, and homeowners.
Complete an independent third-party review of a project proposal that would commercialise North Slope gas and present that analysis to the legislature by December 20, 2024.
Work towards Front End Engineering and Design for Phase 1 of a pipeline project if analysis shows a positive economic value to the State of Alaska.
🤝 As previously announced, $PANR is in advanced discussions on a proposed agreement with AGDC to supply up to 500 mmcfd of natural gas at exit of Ahpun gas plant, for up to 40 years. #PANR is targeting delivery of initial volumes in 2029, ramping up to full capacity by 2032. This is subject to regulatory approvals and Alaska LNG FID.
Stas20, ignore neil, he only wants to hear positive news, burys head in sand at anything negative(Yes, Even if its gospel)
Where is Kever and Louis???
Just another names posting the same agenda.
🤡 🤡 🤡
I'm surprised poor old Stas hasn't crawled away in embarrassment by now.
Just put him on green and suffocate his drivel.
I am sorry Stas20 but once again you are being misleading or playing with words , fair enough the issuance of options is free but that means nothing and doesn't effect the number of share in issuance nor the stock price , it is only when those options are executed that it would have any impact , if any , and they have to pay the option strike price , so it is not free !
The strike price may be discounted but that is why they tend to be performance based and the share price will need to hit a specific level before it can be executed .
Currently the RNS issued today was just a regulatory one stating nothing has changed since Nov 23 but you have used it to put a negative spin on things
The same Stas20 who claims to know what is happening with PANR and making very bold statements, is the same Stas20 who was telling everyone that 88e was 'about to pop' and was 'going to go to 1.7p'. He maintains that 88e did indeed have a positive flow test, which would mean by his logic the price should be 1.7p Instead it is more than 50% lower. So Stas20, perhaps you should reconsider whether you are the right poster to be offering advice.
His posts are there for all to read. Today 88e hit 0.15p
--
Stas20
Posted in: 88E
Posts: 6,772
Price: 0.33
No Opinion
11 Apr 2024 11:47
Price about to pop
Just upped the bid.
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Stas20
Posted in: 88E
Posts: 6,772
Price: 0.345
No Opinion
Lets get back to the possible 0.822 on a on positive SMD-B.5
Apr 2024 08:00
Where might the SP go - on a on positive SMD-B, I'm going for an initial target of 0.822 - this will complete the right brim of a long term cup and handle formation (feb 2023), maybe a little retrace to then push on to 1.755p as being the last most recent Mkt Cap high.
Btw, is your post accusatory AND misleading, whilst being disguised as a question?
Yes the options are free. Are you mixing up issue of option as opposed to conversion of options?
Stas you posted this -
"Compare that with what I said, " Just telling you how many millions and millions of FREE shares they have issued themselves as part of the Share Option Plan and how many more millions they still have to go."
Are you sure they are free ? or is your comment misleading?