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men featured in exploration news today
https://********************/p/exploration-news-29-october-2023
sounds good
Thank you if that ipo goes ahead is that Lilkly to drop the sp further?
GHC
https://www.molecularenergiesplc.com/green-house-capital/
Ghc what does that mean sorry?
I think it’s a mixture of general market weakness and investors sick and tired of delay after delay.
But after delay comes the end result and after long last the spud of the well.
Not forgetting GHC also described as immediate future.
Hi All,
Ive been watching this share since the rns the other day. Why is the sp so low the rig is due on site in circa 2-3 weeks. Their was no updates about funding either so what's holding this back?
Really low mcap so most shares this size would multibag not pull back......
Report out,. Tapir with a 17% COS but if it comes in and only a 5% recovery factor, its estimated the unrisked NPV of the Delray prospects is >US$100m >£8/sh net to MEN.
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I was invested and am entitled comment, atom is roughly same price it was floated at, not convinced this green energy is investable Paraguay where there invested, wait and see
Steven49, if you are not a shareholder, nor probably have you ever been, why do you keep posting? Maybe indeed this will all come to nought but you seem gleeful. Is it personal here? Reminder that Atome came from MEN and that’s doing well so far. Looks like green House will follow suit too!
Drilling late Nov mayb
Estimated chance of success of 17%, depending on finance will invest in energy sector, lol, game over
A few buyers today grsshaw, were you one of them?
Must be close to GHC news today. Things still going on in the background..
MEN has no chance for the share price to increase anyway - you cant buy - keeps going to NT. You can however trade for a staggering 12 shares - come on MM's, make a market....
-- The exploration well in Paraguay is expected to commence drilling in October 2023 and will be subject to a separate announcement.
From the interim results
Of the Paraguay drill having got underway. I thought they said it should have started drilling at the end of the first week of October. I don't think I've missed any news? Come on Molecular let's get the drilling started and some interest back in the share.
Atb,
Northern
Thanks AllinEol- I'd missed that. Think the original date was July, so hey ho, what's another week or two. If drilling normally takes 6-8 weeks before results, then maybe these delays are all a cunning plan by Molecular Energy to give us news of a gusher in December as a big Christmas present.
-- The exploration well in Paraguay is expected to commence drilling in October 2023 and will be subject to a separate announcement.
From the interim results
RNS on 31st August- "Commencement of drilling is now scheduled to take place at some stage in the second half of September."
RNS on 21st Sept, "The high impact exploration well is now expected to spud at or around the end this month or the first week of October."
No news since.
Https://ghcplc.com/about-us/our-team/
Senior management update
Two project managers
Louis Wright
Louis Wright, MEng Oxon 2022, Materials Science. Studied Materials Science undergraduate, completing research into the materials of hydrogen fuel cells, followed by an integrated masters thesis in Ion-Charged Dielectric Nanolayers for High Efficiency Solar Cells, in order to achieve increased solar efficiency from the industrial standard of 18% towards the theoretical maximum.
Eoin O’Sullivan
Eoin O’Sullivan, PhD (Oxon, expected 2023), BSc (Hons), is a material scientist whose PhD work focused on 2D nanomaterials for green energy applications. Through his research, Eoin has facilitated several international collaborations, spending time in Spain, the US and China, and has presented his work at international conferences. Prior to his PhD, Eoin was an elected Scholar of Trinity College Dublin, where he studied Physics and Chemistry of Advanced Materials.
Be next week now. Cannot see them announcing the spud on a Friday. Hopefully they can get this moving soon. Have been waiting years so a few days won't make much difference but will give something to be interested in.
Atb,
Northern
Lol dampen traders avoid spike, need bit excitement here, there last chance of salvaging something from company
Spudding is a loose term for the start of the drill, it's prepping the well head and attachments including the blowout preventer. I have the suspicion progress and news flow is being managed in such a way to dampen the traders and avoid a spike in the SP don't be surprised if the rig has a malfunction part way and drill is halted while repair happens.
Looks like the spudding will be next week then.
Atb,
Northern