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Good lateral thinking rlightor.
Maybe a couple of gas fired power stations planted next door built by our Chinese friends might be a good idea too.
There's a steel works local as well......!
which is a high Carbon into the atmosphere emitter......! :()
All the best (they'd want to be parking some CO2 somewhere other than in the air........! :()
now is the time...
DYOR
The revenue from the CCS project will be determined by the number of localized industries that it can logistically serve.
Page 15 of the Block Energy CCS report by OPC / Prof Eric Oelkers refers to Initial Injection Rates of 100,000 - 300,000 tonnes per year for the Block CCS project.
We do not know how much carbon the Rustavi Azot plant produces but if the CCS facility initially dealt with say 200,000 tonnes @ $60 per tonne that could be a revenue $12m pa
adding some reality to the figures, despite there being other and larger storage opportunities (deccan traps india), this is a good carbon storage option. there is a large formation full of zeolite minerals which will transform into carbonate minerals within months via co2.
as i commented previously, 1yrs worth co2 is 160x 250m tonnes (anthropogenic emissions). 8.7gt accounts for just 20% of these anthropogenic emissions, but still a sizeable amount; more than adequate for the region. assuming that is the final confirmed figure.
8.7gt estimate is dependent on the presence of zeolites in the rock. potential storage appears to have good permeability and porosity, but needs confirming. how ****geneous the mineralogy is, is an unknown but determined as system is developed over time. this will require further drilling to confirm.
at least this is a start and will lead to confirmation of estimated (8.7gt) figures, but really does begin to underpin a far greater share price, without including the other opportunities.
£1.00 per share seems far too cheap.
First delayed trade has come through.......!
it's a Buy from open I think.......! :()
All the best (I'll have to wait 15 mins for it to come on here.........! :)
now is the time...
Even if you send decimal point 2 to the left , that’s a total steal and it’s £5+ a share , the figures are mind blowing with CCS , the market will eventually wake up to this and scramble for shares at this massively undervalued share
Just for fun 'n giggles grower.......! :()
move the decimal point one place to the left on the $60 per tonne, and $52b isn't a shabby number for bargain Emissions Trading Scheme.......! :()
All the best (perhaps we'll meet 'em half way..........! :()
now is the time....
Bobby , this was answered a week or two ago by MG who crunched the numbers , was circa 8.7gigatonnes … at $60 a tonne gives you $522bb ….. add that to P3 which was my original reason for stashing in here , with a value of $1.67bn (give or take a dollar or two so just for a giggle that’s 524 billion dollars, divide that by 725 million shares in issue that’s $772.76 per share obv it won’t reach that … we will be bought out long before that happens , but you can see how £1 a share is easy to come to for a quick sale
Bobby I think it’s difficult to price accurately, if you add in possible funding from EU and WHO this could be anything depending on how this is managed. One thing I can tell you is that the price it is now is just a fraction of what it’s likely to be in the future.
Excluding our 2.7TCF of gas and a few hundred million barrels of oil, solely focusing on our developing CCS opportunity, what realistic value can we put on it looking at the size of it and ease of mineralisation and other comparable CCS businesses in the world?? Sensible answers please ;-)
People on here that keep saying that they can’t buy anything around the 2p price range need to be reminded that at 5p is still for nothing compared to future prices. It’s a no brainer where this is going in future years when you consider how the world is changing.
This is just the first in a string of news coming our way....they just hoping people will take their money off the table in the short term by not moving it up. Patience ladies & gents.......Rustavi wasn't built in a day, as they say
Yes and can’t buy any!!
Excellent news! The potential is vast but now has the recognition it deserves. Give it time this will build further interest. If EU money enters into the play then watch it rise. There I was thinking it’s all about the gas, I just didn’t appreciate which type ;-))
Good luck to all investors.
I can't ROCKLAWN with IG....
up the quote to 250k shares and 1.88p is being Asked for.......! :)
All the best (your wiv II aren't you.......? :)
now is the time...
MM will take 2.5m in one hit … they want our shares because they know this will fly
You can buy 600k at 1.8p .... no problem .... and if one is confident ..then this is peanuts ...
Nothing on the Ask and 1m on the Bid @1.60p with IG on 100k quotes......!
All the best (be bluer soon FOSHO.........! :)
now is the time... if you can get any........!
Added a few this morning and lucky to get in early
Can anybody get a quote ? I have tried IG and HL.
Over 10 minutes from open and cannot get a quote to buy.
We know the mm’s have limited stock. Is going to be an interesting ride this morning.
Mm’s could really let this go, or as they are at the moment refusing to sell any. Which isn’t sustainable.
Headline has to make this attractive?
This is excellent news