Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Come on Mr. CEO give us some positive figures ref Croatia geothermal drill.
Have some perspective. its about 20 grand of sells and they dropped the bid.
Maybe someone knows the results.
This is getting serious, why has star gone down?!!
Brent oil has shot up this last week. Hopefully Star follows
Hopefully get a little sign of a turnaround this week, chart looks decent.
Also noticed the “stoke district heat network” have started advertising houses 🤔
This is the one with SSE as JV, be nice to see the MOU activated
Geothermal drilling in Croatia 3x licences with government backing
Geothermal drilling in the uk with #SSE as partner 3x permits 35 permits preferred bidder
Hydrogen/carbon capture JV with Cadent
Solar panel JV
All funded via cash flow
AXL (still crazy undervalued)
70m mcap
3300 boepd
PXEN
17m mcap
2m revs per quarter (STAR 11-15m)
Small debt
ANGS
17m mcap
1400 boepd
Mountains of horrendous debt/dilution
STAR
10m mcap
2000-2200 boepd
Debt (RBL 4% libor) 2m-zero
Forecast 2500 boepd+ by year end
Https://x.com/theunsophistic2/status/1768625560819814471?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
Nice to see that blue colour
Thanks for the info on this. Good to know. Shame they haven't rns'd though.
“H2 View understands the project will investigate hydrogen pipelines and subsurface silos; lined rock caverns and shafts excavated from intact rock and lined with cement and steel; and salt caverns.”
https://www.h2-view.com/story/emstor-secures-funding-to-identify-hydrogen-storage-solutions-in-the-east-midlands/2107260.article/
• Exciting new study funded through OFGEM/Innovate UK's Strategic Innovation Fund (SIF) will explore underground hydrogen storage potential.
• EMstor (East Midlands Storage) will study and map regional potential of intermediate to large-scale hydrogen storage options.
EMstor, a consortium led by Cadent, the UK’s largest gas distribution network, and partnered with Star Energy Group, British Geological Survey (BGS), Net Zero Strategy and the University of Edinburgh, has been awarded Discovery funding by OFGEM/Innovate UK’s Strategic Innovation Fund (SIF).
This is new. Cheers Daniel
Smacks....... alert the cnts
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj6zOS3xO6EAxW8WEEAHbaDASQQFnoECA0QAQ&url=https%3A%2F%2Ffuelcellsworks.com%2Fnews%2Ffunding-bid-success-for-emstor-set-to-explore-geological-hydrogen-storage-potential-in-the-east-midlands%2F&usg=AOvVaw2fuVTGLtGW5A6A5idno-YS&opi=89978449
https://hydrogen-central.com/cadent-funding-bid-success-for-emstor-set-to-explore-geological-hydrogen-storage-potential-in-the-east-midlands/
Even a whisper of something being able to be done with those gas reserves would set the thing booming. Sadly I think we can discount it for now. 2000 Bopd and getting debt free in 2024 is still pretty incredible for the cap here.
Be nice if they did use our own reserves but more likely the tories have done a deal to buy US gas involving plenty of brown envelopes to ministers.
More and more there is a realisation that we still need to deal with the old.....
BBC News - New gas power plants needed to stop blackouts, Claire Coutinho to say
https://www.bbc.co.uk/news/science-environment-68538951.
Could the vast gas reserve still have a part to play??
GLA,
Danno
Yep, on average they have kept to a rate of about £3m paid off every six months. - so we should be at about £1.1 million at end feb.
Blue today. Net debt has been paid down aggressively over last couple yrs. They stated in presentation before xmas they expect to have it paid down by June. That level of cash generation will be enormous for co at this market cap, quite mad. Tuck em away.
Net debt
Nov 23 update: GBP2.6 million
22 Finals: GBP6.1m
21 Finals: GBP12.2m
Not got the telegram app but have bought a few shares today. Agree if the Croatian drill is successful these will lift from this abysmal level and from the news on the boards its looking fairly positive so far.
ATB to the holders,
There’s some decent research going on in the little telegram group. I’ll not post the link as lse don’t like it but if you search starenergygroup with no spaces you’ll find it
You may have noticed in one of the comments on the linkedin article in my post 101..the following...
Alex Schellenberg
Business Development Manager
23h
All the best for the test Star Energy, we are sure our harsh environment RG´s downhole memory gauges will provide you with the high quality data you are looking for.
comment ends
schlumberger have this to say about memory gauges..
Memory gauges are generally used to measure bottomhole pressures and temperatures in response to various production rates in tests to assess well productivity and reservoir performance.
....
must be successful if they are using a gauge to assess productivity and performance