The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
28m over ask again today at 0.069, there was a 47m at 0.069 yesterday as well. Someone is accumulating and they don't mind paying premiums.
No Eddie that isn't the reason. It's because i didn't scroll down to check. You can think what you like though.
Thanks Meadow & no worries.
Will slice 50% at at a £50M mcap at 0.2p and hold the rest
Suddenly more than doubled volume in the last half hour , from 46m to 108m aimx
fledgling , lesser spotted FOMOF ? 😲
Meadow1948
Today 13:49
Posts: 647
Price: 0.065
No Opinion
Tradedesk-This was posted by VT at 13.05 TODAY
It's because we've forgotten the politeness of giving credit.
I have a feeling we will break 0.07 before we break 0.08! keep posting your crap Mystic Meg is 0.08 your selling price? if the news we all want on the funding breaks 0.08 won't come into it.
Added a few million more shares today.
Common baron oil ( sundagas energy) let's get that funding news out soon.
Great article, I feel a break of 0.08 can't be far off now.
Tradedesk- I do agree it was a good summary and read well
Treading as healthy as I am 😷 at the mo, not much chance of a FOMOF today, everyone's taken the day off. 😂
aimx 46m & aqse 327k
😴😴😴😴
Another nice read 18th Asia Oil and Gas mag.
The successful completion of the Site Survey, leading to the selection of an improved drilling target location with optimal seabed conditions, is another key milestone towards drilling the Chuditch-2 appraisal well. We look forward to providing further announcements on the Chuditch project, including with respect to well planning, execution and drill FUNDING, at the appropriate times,” said Andy Butler, Chief Executive Officer.👍
https://aogdigital.com/news/513067-timorleste-chuditch2-well-to-be-drilled-at-new-location-following-site-surveys
Thats fine. I didn't check. Dated today and a good write up. Interest from LNG investors/super majors is awesome. Lets bring it home.
Tradedesk-This was posted by VT at 13.05 TODAY
New article out on Chuditch!
https://www.energynewsbulletin.net/exploration/news/4201600/location-chuditch-gas-probe-timor-leste-lng-potential-eyed
"Significantly, the exciting opportunity is thought to have attracted interest from LNG investors. Baron Oil is seeking investors to back the relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG project, as ENB reported last November."
Looking forward to what next week may bring and the period ahead. We're set up really well with circa £7m in cash, should get a rig announcement reasonably quickly now and a string of partner announcements. Life changing opportunity for those that have the means to load up.
back to bed , virus kicking my **** for 3 days now 😷🤧🤢
Significantly, the exciting opportunity is thought to have attracted interest from LNG investors. Baron Oil is seeking investors to back the relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG project, as ENB reported last November.
https://www.energynewsbulletin.net/exploration/news/4201600/location-chuditch-gas-probe-timor-leste-lng-potential-eyed
BLOG
THE WINDFALL TAX WAS SUPPOSED TO REIN IN FOSSIL FUEL PROFITS. INSTEAD IT HAS SAVED CORPORATIONS BILLIONS
Loophole in energy profits levy will hand oil and gas companies up to £18bn over next three years
BY ALEX CHAPMAN
28 NOVEMBER 2023
Last week the Office for Budget Responsibility (OBR) released new data which highlights how little this government’s ‘windfall tax’ has actually done to rein in the profits of fossil fuel companies.
Back in May 2022, the UK government announced the energy profits levy, as a response to the growing pressure for a ‘windfall tax’ on the massive profits being generated by companies pumping oil and gas in the North Sea. These profits were fuelled by skyrocketing fossil fuel prices in the wake of the Russian invasion of Ukraine. The levy raised the effective rate of corporation tax paid on oil and gas profits from 40% to 65%, and again to 75% in November 2022.
But, it came with a caveat. Despite the UK’s urgent need to kick its addiction to expensive fossil fuels, this government didn’t want to discourage investment in more oil and gas extraction. So they included a tax loophole to ensure that companies investing in new projects to pump fossil fuels out from under the North Sea would see their tax relief (already generous by most standards) rise to 91%. In other words, fossil fuel companies could deduct 91% of their capital investment costs from their corporation tax bill. The ‘windfall tax’ may have, on the surface, attempted to tackle the grotesque profits being raked in by massive companies in the midst of the cost of living crisis – but it also made it cheaper for these companies to extract the fossil fuels contributing to the sky-high cost of living in the first place.
Doesn’t concern us at all
What's special about that?
Sundagas Energy like the sound of that.
Sundagas EMEA and Sudagas APAC
Then smash chuditch out the park, take the rev's and get some licenses in both regions.
Sundagas Energy would be perfect.