Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Muck165,
Thanks or the info, much appreciated.
Cheers
Gromshy
Just in case there is anyone reading this board (!), IGAS posted this on LinkedIn at the end of last week.
“ IGas is pleased to announce that it has been invited by the OGA to take on a core role in the Regulatory Special Interest Group (SIG) as part of the Bacton Energy Hub Project.
The Bacton Energy Hub is envisaged to play a major role in the UK’s energy future through the production of hydrogen from natural gas (with associated capture and storage of carbon dioxide) and from electrolysis powered by renewable and nuclear energy.
As part of its diversification strategy as part of the energy transition to net zero 2050 IGas applied to collaborate on the project. The UK onshore regulatory regime is complex and comprehensive and we have a strong track record of responsible and safe development and ongoing compliance and are highly experienced in this area. IGas brings extensive experience of developing complex energy projects and have highly complementary skills within the business.
The Regulatory SIG is led by Hydrogen East.
IGas will also be contributors to the Infrastructure SIG, led by Xodus and the Hydrogen Supply SIG, led by Summit Exploration and Production.”
https://www.linkedin.com/feed/update/urn:li:activity:6867011662893850624/
Correction of an early statement: Waste heat is on par with "solar forcing", not "solar input".
This>>> https://wattsupwiththat.com/2013/01/27/waste-heat-a-bigger-climate-effect-than-once-thought/
I think this backs up my previous statement s... https://www.sciencenews.org/article/human-made-waste-heat-warms-climate
2018 article: ‘Revolutionary’ pilot uses CO2 to drive turbines.
https://archive.md/DxV7U https://netpower.com/news/
https://www.youtube.com/watch?v=IG96UzxumoA
"On a 5-acre plot near Houston, a startup company is firing up a project that has been called "revolutionary" and a "breakthrough." It could change electricity forever, boosters say.
Whether that is wild hyperbole or a possibility will soon be clearer. The 50-megawatt demonstration from NET Power LLC in La Porte, now fully built after breaking ground two years ago, is the world’s largest attempt to use carbon dioxide rather than steam to drive a turbine.
NET envisions burning natural gas in pure oxygen and producing CO2 ready for storage or use, eliminating the need for a capture unit.
If all goes well, developers are planning to build an additional 300-MW plant that is emissions-free, without polluting smokestacks."
"The company aims to build larger balloons within two years that could each be deployed to remove a ton of carbon a day at a cost below $100, much less than comparable on-ground facilities currently in use, Mansdorf said." https://archive.md/JHbRx [btw, prev link was https://archive.md/UTvnU]
Israeli company is capturing atmospheric CO2 with high-alt balloons.
"High Hopes Labs developed a system that captures the carbon where it has almost solidified, far above the Earth.
'The beautiful thing is that capturing gas is very easy when it's close to freezing...,' CEO Nadav Mansdorf told Reuters." https://archive.md/wip/UTvnUv
- Maybe they could drop their cargo on places like Antarctica for long term storage...???
BP and Chevron are now part-owners of a company called "Eavor". Geothermal is now being accepted by the heavy-weights.
https://archive.md/NjUHN
"The technology uses existing oil and gas drilling technology and expertise to build a deep subsurface heat exchanger, or radiator, to collect heat from below the earth’s surface. The technology promises to improve the economics of geothermal energy and address related challenges." https://tinyurl.com/geothermaloilsands
Was hoping for something in the SSE Rns for us.
Sorry to see you go CS but entirely understandable. Gas futures up 17% today. Feels like we could use a basic trading update Igas to at least stem the flow for a while. USD exchange rate also moving in favour for past few months. Roll on final results.
Busy divesting most of my shares and sold this one at a loss. Not sorry to see it go but sorry that it has not lived up to its potential so far. Think by the time I am done I'll only be keeping one certain infamous miner who has a JORC out shortly. Good luck all, I hope the seller clears and this moves up to fair value.
5% down FFS!. Everything i have is down!
MCap nearly equal to declared H1 revenue now...
What the hell is doing in Today
IP - Fossil fuels are not en vogue, Igas have significant non current liabilities which may be linked to legacy fracking plans, they also appear to have the structure and therefore overhead of a company with a much larger cap. On the flip side, it feels like their core business are at the point of turning a decent profit, partly through cost reduction but also driven by the gas/oil price. I would value their core business alone at significantly more than the current market cap, but pessimism around the industry is surpressing the value and there is risk around where prices restabilise.
If grey Hydrogen production materialises successfully gas production may be back in fashion. Igas have also credible diversification plans for deep geothermal and solar. The former leveraging their drilling expertise and the latter making use of land assets which I assume will, at the very least, offset non current liabilities. I often wonder what a new startup with no legacy issues would be valued at with similar plans to Igas in Hydrogen, Solar and Deep geothermal with credible partnerships and would question whether they are priced into the current cap.
In terms of what we are waiting for - I am waiting for an update showing revenue to be pushing £40m, a healthy ebitda, an indication of juicy financials around diversification plans and evidence of real on the ground progress for the same. SP movement continues to challenge my confidence, but until I hear anything that changes my view around the fundamentals, I consider it to be undervalued and will be holding firm. Hope for both/all our sakes that I am right.
IGAS seem dead in the water. Only holding in the hope that one day I may break evens. I would really like to know what is making anyone buy - not many trades I know and sweet FA affect on the SP.
Very innovative! https://tinyurl.com/co2-dropship
Maybe they can get some inspiration from nature? Apparently, some places on Earth can get cold enought o freeze CO2. Is there a way to emulate this process? https://tinyurl.com/antarctica-co2 https://archive.ph/slozh https://tinyurl.com/freeze-air-energy
I don't think the BBC will like this one.... https://tinyurl.com/co2-controversy
Altlernative ink: https://tinyurl.com/DEFOREST-HISTORY
"******" k-a-p-l-a-n is the missing word in that link. Censorship???
It's almost as if the BBC is responding to my comments lately regarding deforestation. Of course, along with some so-called "experts", they are denying that planting trees will affect the climate in a positive way. I'll leave this link here for them to read: https://www.wsl.ch/staff/niklaus.zimmermann/papers/QuatSciRev_******_2009.pdf