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Jack how's that other dog Deltic Energy you've be cheering about lately? Dog 🐕 🦮 🐩
Itsawrap,
I thought Euro 45 was on the low side, especially if you flex your chart out 5 years. Think Supply and Demand, combined with regional price differences plus global challenges that aren’t going away.
Dont forget your talking about a 20+ year off take, security of supply and yet to be factored in Government Grants.
Jack
Thinking of upgrading to a 488 Pista.
Italy's power costs have climbed further above some key rival economies so far in 2024, with wholesale prices last month averaging nearly 40% above prices in France and 60% more than wholesale prices in Spain.
The share of natural gas in Italy's electricity generation mix in 2023 was just over 45%, compared to 6% in France, 15% in Germany and 23% in Spain, data from think tank Ember shows.
Wholesale power prices in Italy averaged 127 euros ($137.80) per megawatt hour in 2023, according to LSEG, which was a third more than the average power prices in Germany and France last year, and over 50% higher than the average price in Spain.
Yes I've known for some time itsawrap. We should be used to being conned by this pair of shysters by now.
Https://tradingeconomics.com/commodity/eu-natural-gas
the Euro45 kwh they used in October for the Euro11m pa estimate was during a spike - imo it was just to con shareholders into believing Colle Santo was far better than it's likely to be.
Is it right that revenues from CS are to be put into a Ferrari Fund?
It's nice to see something happening. We will however not be receiving any funds for years. I note Williams has messed up on the gas price per mwh at last. I suppose he didn't have any choice.
JD, you mention U.S. money ? Not a snowballs chance in hell imo.
The share price is now only half what it was 1 year ago. Let's all celebrate this outstanding achievement of our two co-CEO's
'but I'm guessing it isn't something that you just pop down to Screwfix for with £20 in your pocket.'
I surmise you can find all sorts of items tucked in their back pocket!
Yes Jack, you're really blowing them all away with a new all time low on the share price, .0006. It's getting harder to calculate the loss you have made and the market has served up a very unimpressed reaction to your latest 'never, never land b/s' No doubt you will be buying 10 more shares to grow your 0 holding.
Jack Diamonds, how's that Deltic investment coming along, running on fumes and 50% crash on Tuesday. Can't even afford to pay their share of the pensecola field can they? Oh dear!
#RBD @ReaboldPLC Gunvor, Colle Santo gas field agreement interview with Sachin & Stephen
Notably #UJO West Newton JV Partner with @ReaboldPLC Major Catalyst
https://x.com/Heid_oil/status/1785955822037561511
Nice one Odins!
Wait a minute - yes, I can just see a Ferrari pulling up at Screwfix!
I don't want to be a negative Nigel, but while having an offtake agreement in place is great. There is still the environment agency (Italy) permit to acquire and following that the mini LNG plant to procure, deliver and commission before we see any kind of income from CS.
I don't know how long it takes to procure a mini LNG plant or how much they cost, but I'm guessing it isn't something that you just pop down to Screwfix for with £20 in your pocket.
makes you wonder how they can **** on these chips - looks like a company with more cash than its mc and now earning its current mc from one site every year if i read this write. should get interesting from here...
Good news for sure, but we have not passed the finishing post yet and gone into production!
No news on WN either.
Certain regular posters on this board are conspicuous by their absence after the good news
Excellent news today, real commercial progress. Still trading under cash
This explains all that buying two weeks ago.
"The average forward Italian PSV gas price for the years 2025-2030 is currently approximately €30 / MWh. "
so, not the Euro45 mwh they used in the October presentation to forecast E.11m-E.12m pa, strip out the 10% they don't own, scale it down to Euro30 mwh and Euro11m pa becomes Euro 6.6m pa
Something positive at last.
Moniman,
Pity you don’t take your own advice, rather than plaguing this BB with your dross. What a joke, with zero credibility.
Even Persimmon is losing his touch advocating a take over of Rathlin. Why not a reverse takeover and take RBD private by backing into the Operator of WN.
Sorted, lose the dross commentary and with US funding deliver for true Shareholders.
Price is a steal with so much value on offer
Jack
When will people understand the remaining £9 million in cash from Shell money that hasn't already been spent buying votes from CS is for the 🤡 🤡 deferred wages. JMO Adyor. Run and don't look back!!!!
well our 2 ****s have been in a position to sort it for a copla months.
i ask you, who is going to fund rathlin when thayre a 1 trick pony & in this political landscape ?
even if wn is drilled the jv's will have no choice but to sell as funds will be scarce meaning we become pretty much a forced seller. forget avout yhat c*** williams npv10 values, that's ******. i'd be happier to see him up against a wall facing a firing squad.
Get WN drilled as soon as possible? Gas will be banned before these lot do anything
Be very surprised if they do either.