Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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https://www.lse.co.uk/rns/SQZ/ofac-license-renewal-and-corporate-update-tss3na765bw71u3.html
Please can SQZ buy us, put us out of our misery? We don't seem to have any objectives and they like gas "assets that no longer fit the objectives of the current owners"
"We believe 2021 will bring new opportunities to grow through acquisition against a more confident industry backdrop"
What's happening with HNL anymore is beyond my limited knowledge. Can anyone please explain where we are upto and when we hope to relist at what value??
Don't want to lose my hard earned cash like many of you ??
You to ghost.
2021 fingers crossed HNL returns to market.
To each and all ......little to cheer with halo or generally 2020 best forgotten, but 2021 new yew ahead so all the best have a great Christmas and a better new year everyone.....
Marry Christmas all next years got to be better than this.
Not while the directors can draw a salary and expenses while developing their wealth elsewhere.
Dose anyone think we are likely to relist in 2021
Here is just no information from company AT ALL given difficult year we surely could have expected someone from company coming at and stating no possibility of relist in 2020 . I may not have liked it BUT would have understood again difficult past year all round but as Ghostwriter has pointed out 4 weeks to end of year and not a PEEP SO now I will not forgive, understand, the very least we very patient investors could have expected was to kept in loop............
Hi I don’t have many but you can add my 9000 shares to list
I recall having a chat at an AGM at Ashfords Bristol office with the then co sec (Brian ??) from that a/c firm years back when HALO was Wessex and I think still listed on plusmarkets. David Bramhill was Wessex's Chairman or CEO then, and he went on to found UJO I believe.
Ghost you're more up to date than most, certainly me, but the co sec is listed on the website (out of date perhaps) as Matthew Small in Bath, and the lawyer as Simon Staples of Ashfords in Bristol. The 2019 AR has Mr Small as co sec still, and Linklaters in Amsterdam as the lawyers. All are also perhaps worth a try if no-one has yet (maybe the Mr Garland you contacted is at Linklaters though?). They'll presumably feed back to AC the fact that shareholders want updating. Might create a stink to persuade or shame AC into action if nothing else, and professional firms like Linklaters may ultimately have concerns themselves about acting for the likes of HALO if relations with shareholders are deteriorating for want of basic communication.
Has anyone tried to contact Rasik Valand ? What is the corporate structure of Third Energy Holdings Ltd?
I contacted Third Energy to enquire about their involvement with HALO:
"I’m afraid we have no record of HALO and so this must have been something that Rasik Valand did privately. And you are correct, Rasik left our business in the first half of 2019 so we no longer have any contact with him."
HALO are in such a good position for someone to come in and drive the company forward. The Engie relationship is a great selling point. Either AC delivers something or we act for change. I doubt much will happen before XMAS. There is a chance someone will make an offer for the biz or merge into an already listed company maybe. We need to keep pressure on AC to talk to us.
....is the key for me. They handed HALO a generous price fix for gas supplies which shows they have a good relationship & confidence in AC. There is clearly an opportunity to exploit that relationship in a more value enhancing way for someone with the energy and ambition to suit. The lack of any visible plan for HALO is so frustrating. FFS talk to your shareholders !!!!
Natural Gas Hedging
Additionally, hedging arrangements are now in place for 2020-21 to better support the gas price HALO realizes for budgeting and corporate finance. The Group has entered into a hedging plan with ENGIE covering the following volumes and prices:
• 64% of annual sales @ €17.80 in 2020
• 24% of annual sales @ €17.63 in 2021
Further hedging will be considered in 2021 and beyond to further protect company revenues from any continued gas price volatility.
Tullow 101 assets will be running dry soon. The next jam on the horizon will be carbon capture...yawn!
Gas will be around big time for a while yet. Just as well given the glacial pace HALO moves at.
From 2025 The Future Homes Standard will prohibit new homes from being connected to the gas grid in the UK. Increasingly homes/block of flats are being heated using electric heat pumps. With EV charging also increasing in popularity you can see a downward trend in the use of fossil fuels beginning. I read this week that Rolls Royce are building 16No nuclear generators in the UK. https://www.bbc.co.uk/news/science-environment-54703204
I like copper, gold and silver. Maybe Hydrogen.
Interim report 7/10/19 - "look to realise liquidity for shareholders next year (2020)"
https://cleantechnica.com/2020/10/30/french-government-puts-us-gas-imports-on-ice/
6p is looking good now huh?
ahhh those £3-5/sh valuation days. We remember them so well with great fondness. Cheeks damaged by tongue firmly pressed into them. I wonder actually is $5/boe P2 still valid as a value metric ? At least HALO might now be earning something.
Ghost, a £10m offer or 35p/sh would have to be seriously considered at this stage. The silence from HALO is either something going on or nothing going on...lol. Flip a coin maybe. Now that gas prices have recovered Cochran has no excuses to continue hiding.
They are looking for acquisitions in the North Sea. The relationship with Engie would be an attractive prospect. All isn't lost but Cochran desperately needs to speak to the shareholders !
Has anyone tried to get in touch with the company I emailed cochran but had no reply and don't expect one I have 40,000 dead shares in the **** show
just checking in & nothing has changed good to see Cochran still stringing the usual lot along ! See you next year !