Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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i'd expect them to ipo this and not rto as that seems their strategy (given they have a large stake in RAME what would they do with that ???), it would be good to see some detals and an estimated value to add into the nav mix here given PIRIs current distressed market cap vs nav...it mighr be even more extreme...
There's an interesting thought
Hi Napoleon.... Yes as anything is possible with a shell
Could Shale Energy come to the Aim market via Pires.?
lol PIRI are awfully quiet about this investment....seems they got their timing right buying over a year ago
Yes this all helps Pires bounce off the bottom, lets hope for yet another 10% rise today. GLA
Queens Speech. A bill to allow shale gas companies to lay fracking pipes deep below private land without getting prior permission.
showing your age....
tank1 Yes its HOPE you need m8.................. Even the preacher who works for Jesus The Archbishop who's a peaceful man Together say that the freedom fighters Will overcome the very strong I wanna know if you're blind Jo'anna If you wanna hear the sound of drum Can't you see that the tide is turning Oh don't make me wait till the morning come 1988 Hit for Eddy Grant.
here here. Agree supermabs. All we have at the moment is hope.
Still climbing....interesting!
+11.8% 0.050p paid and volume 15% of yesterdays.... miracle day
Bottom found maybe, I can see another 10% + today. GLA
Good day today. 7.29 post from oneandonly1 spot on imo.
Well it's not a miracle, but it's certainley a start. Now we need a big investor and another deal! Come on Redmond, pull your finger out your ass and get on with it!! Aren't we due the AGM?
over 20 mill buyys is it miracle day?
We need a miracle. Our only hope is to do an LDP and get rid of Redmond.
I'm not for selling with the upside far larger than any downside now IMO GLA
Yes mabs, i think we are!
Else of the opinion that we are completely fcuked?
Chile has been warning of a looming energy crisis for the past decade. Now the government appears to actually be doing something about it, says our correspondent in Santiago.President Michelle Bachelet announced late last week her 2014-18 energy program, pledging to expand a liquefied natural gas port and support renewable energy sources. During the televised address, she warned that Chilean electricity prices, which are already the highest in Latin America, would rise another 34 percent over the next decade without action.“Lack of competition is one of the issues,” says our correspondent, noting that three companies control three-quarters of total electricity generation on Chile’s maingrid.Ms. Bachelet earmarked $400 million for state-run Empresa Nacional del Petróleo to build a third natural-gas import terminal. She also announced incentives such as free government land to lure new investment in wind and solar energy in the windy and sunny northern Atacama desert, which averages 330 days of sunshine a year. Upcoming tenders in the sector will pose opportunities for foreign investors.“The government is interested in getting new companies to come and build plants,” says our correspondent. “The most feasible would be renewable power, hydroelectric, and thermo-electric.”This is Bachelet’s second chance at tackling sky-high electricity rates in Chile, which is heavily reliant on hydroelectric dams and imported fossil fuels....
SANTIAGO, Chile (AP) — President Michelle Bachelet announced Thursday she will tackle Chile's energy crunch by looking to wind power and solar power as well as fossil fuels in a $650 million plan for meeting rising demand. Among other things, she said solar panels will be installed on all public buildings over the next four years.
Launching the government's energy agenda on 15 May, president Michelle Bachelet said the aim of the measures is to reduce costs on Chile's main grid from $151/MWh last year to around $106/MWh by 2017, a drop of 30%. Renewable energy will play a key role in the growth of electricity supplies, the president said.
David Cameron insisted that fracking would start this year as he argued that Britain was obliged because of the Ukraine crisis to press ahead with plans to drill for shale gas. The emergency triggered by the annexation of Crimea should be a “wake-up call” over the need for Europe to become less reliant on Russian gas supplies, he said.But environmental groups accused the Prime Minister of exploiting the emergency to press ahead with the controversial technique.Mr Cameron forecast that some shale gas wells would be “up and running” by the end of this year and insisted that enthusiasm for fracking as an alternative energy source would grow once it had begun.The process involves releasing gas trapped in shale deep underground by blasting a mixture of sand, water and chemicals into rock at high pressure.The British Geological Survey has estimated there could be 1,300trn cubic feet of shale gas underneath wide stretches of the United Kingdom.Supporters, who include Conservative ministers, argue that fracking has the potential to drive down energy prices and boost the economy by tapping into the reserves.However, critics say that fracking can contaminate the water supply and create environmental harm including earth tremors.Mr Cameron's comments, following the Nuclear Security Summit in The Hague, reflects growing concern that European leaders are limited in the pressure they can put on Moscow because of their dependence on Russia for supplies of gas. Officials believe Britain can learn from the speed with which the United States has embraced fracking.The Prime Minister said: “Why has it taken so long in the UK and Europe as compared to the US? We can ponder that or alternatively we can just do what this Government is doing which is to roll up the sleeves, simplify the process, make the permissions easier, getting on with some wells moving.”He argued: “There's a lack of understanding about the nature of what actually happens and how much it has in common with the ways that we extract gas in the world today.”Mr Cameron said he believed that it was Europe's duty to become more energy-dependent, including through the development of fracking.“I think something positive should come out of this for Europe, which is to take a long hard look at its energy resilience.”But Caroline Lucas, the Green MP, said: “Britain hardly imports any gas from Russia, and while the PM is right to raise the importance of energy self-sufficiency, he is utterly misguided if he thinks fracking is the way to get it.”Lawrence Carter, Greenpeace's UK energy campaigner, said: “This is a cynical attempt by the Prime Minister to exploit the Ukraine crisis to force through his unpopular plans for fracking in the face of growing public opposition.”He said: “The most pragmatic and sensible way of boosting our energy security is to massively reduce the amount of energy we waste, while also investing
Only my little top up today