Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Hello
Anybody?
immy We all know the funds are needed, but why would Randeep not mention such an important drilling project in his 2018 outlook , which was mentioned in his presentation statement just 4-5 weeks ago. Without a Lifabric drilling contract programme , G.D.L is a struggling minnow , as you are well aware of. Perhaps the Chinese majors are going to dictate to G3E who does the drilling for them once G3E is listed .Remember the CNPC contract for 1 lifabric well back in 2012 , which they have proberly copied & adopted & drilled a lot cheaper than G.D.L. And that is the only Lifabric well contract ever recieved from any Chinese Major. -- l wonder " WHY" Ridiculous idea maybe , but something is going on , G3E gas asset value on there acreage will continue to grow whoever does the well drilling & the same goes for the exploration drilling work . lts all just a thought , but why dont you email G.D.L investor relations & see what they have to say about the G3E proposed Lifabric well drilling programme mentioned in G.D.G. December presentation , & for G.D.L to be to be the drilling contractor . Dont let them fob you of , that presentation statement existed , but was replaced .
Trion, that is all on the cards...no mention cos need funds for GDG/G3E to get the lifabs kicked started so listing first followed by an RBL and for sure will be fully on our way. tide is turning slowly but surely...extra patience required but numbers are defo improving...
sounds promising!
The most important & valuable think of all , & yet " NO MENTION " by your Chairman of the large planned Lifabric well drilling programme through 2018 for G3E as set out & promised in the Dec. 2017 presentation mandate on G.D.G.website . Which has now mysteriously disappeared & been replaced with the birth or G3E presentation. "UNBELIEVABLE" !!!. And yes James , once again im almost regretting what l posted on G3E forum yesterday . The contradictions of Randeep Grewals mandate statements take my breath away !!!
Just read it now, sounding very positive
Did you see Trions post on G3E yesterday?
Just need news on the Hong Kong listing now
Wow they have even updated the IR calendar....... Results scheduled for april 27 and AGM for May 30.
great RNS!! lets hope so roobans!! cos whoever is buying in now clearly will be buying at bargain prices!!
Shame the RNS did not have the percentage change from 2016... That would then show in basic terms huge increases from the last few years not just 2016... This is just the start of the turnaround with any luck... If we can build on this for 2018 then maybe get some profit on the books we could see a rerate from 2p towards 6p...
Im actually presently surprised by the update (not the usual feeling i have when reading these ops updates) and am looking forward to the final results with the expectation of a small loss but with hope of break-even to a small profit (just a feeling so will need to spend some time on the numbers).
Lots of drilling for once
Lovely jubbley.
Agree, oil price up, rigs back on hire everywhere, yet we are drifting ever lower!
Ask 2.5p yesterday spread 35% today down 12.64% ask 1.95p spread 5.41%. Sell is about the same. Gives me hope that someone, somewhere is actually watching this share :-)
What a dog
Be interesting to see if we get an ops update tomorrow (still no update to the IR calender on the website). Also be good to get an update on ONGC and where we stand with that contract.
So it is, stupid me. Hopefully have an update in January anyway!
Think thats the 2017 calender.
Operation update 18th January End of year result 28th April Interim result 27th September AGM 1st November
hi james, you are spot on IMO too...off the back of the agm - it was evident that ONGC were bargaining hard with us and even made us invest $1m in a BOP filter even though we told them it was not necessary but cos they wanted it and for us to close the deal RG gave in. however - i wont be surprised if ONGC have been pushing us further and RG in the end telling them where to go. RG did make it clear at the AGM that this deal was hardly making us money but will cover costs and also allow us to get in with the gov in india. so good and bad news in there at present...too many people have been taking us for a ride now given our performance so i theres always a time and a place where you ahve to show the middle finger if it doesnt make business sense and thats exactly whats happening here....all IMO btw. have a good break all.
There isnt really a change from yesterday price, still 1.9p to sell and 2.0p to buy..... Only thing thats changed is that there is uncertainty on The ONGC contract, although i dont belive this contract was ever priced in (as there wasnt confirmation that work had started) and that there is a small bit of evidence that China is starting to pick up. I am disapointed with the potential loss of contract in India, as i imagine this contract would have covered a good chunk of the fixed cost there so future contracts would have started to benefit the bottom line but until there is further news released i guess its just a case of wiaiting to see what the reason is, plus side as i dont beleive work started it cant be a performance issue. Hoping its potnetially just Mr Grewal playing hard ball and showing ONGC he isnt afraid to lose the contract so they cant walk all over GDL. We shall see Happy Xmas and lets hope for a good new year for greka drilling!!!! James