Member Info for 86KB

Https://x.com/JB_MiningAfrica/status/1823344668362379545?t=ENxdhYpEGViABI75wYZe-A&s=19

Really?? Yesterday the share price low was 0.05 and currently at 0.09 now if you still think that is nothing then you need help. The share price will be up and down due to profit takers/seller. Bear in mind all time low was 0.013 and currently above 600% and that is saying something. Still long way to go imo and that is why they are debt free to ensure the share price reflects the hydrogen storage projects.

UK Energy Storage

The UK’s largest underground salt cavern HYDROGEN storage project

Portland Port Dorset

UKEn will build the UK's largest Hydrogen storage site, with up to 2 billion cubic metres capacity providing up to 20% of the UK’s predicted hydrogen storage needs in 2035, doubling the UK’s existing underground storage. It will also include a system level hydrogen battery to store excess renewable power for later peak power demand use.

Why UKEn?

Energy storage is a critical component of any energy network. Large-scale storage helps balance winter and other shorter term peak energy demands and provides insurance against critical supply disruption such as the War in Ukraine or extreme weather events.

UKEn has created an advanced project to provide up to 20% of UK 2035 strategic hydrogen storage needs plus a material scale hydrogen battery (see life cycle of a hydrogen battery).

A gas storage facility on the Isle of Portland has been considered for many years. In 2008, a project to build salt caverns for natural gas storage received planning approval. UKEn has revived and upgraded this project for the 21st century hydrogen economy, signing a lease with Portland Port and acquiring the Intellectual Property (IP) for the previous project.

The facility’s design has been improved and enhanced to minimise its carbon footprint, make it pure hydrogen ready and capable of full integration with green hydrogen production from offshore and onshore renewables from inception. Its cavern design includes the most modern safety considerations learned primarily from European salt cavern design and operation.

UKEn’s ultimate goal of 2 billion m³ of storage would be roughly equivalent to the storage provided by the offshore Rough gas field, which during its peak operational days provided around 70% of the UK’s underground natural gas storage capacity.

UKEn are proposing a hydrogen storage project on the Isle of Portland … the development of hydrogen storage infrastructure, including salt caverns, is a critical next step in the growth of the hydrogen economy.

They are looking at support from government and financial backers, so doubt a placing anytime soon considering they only did one on the 10th July. The reason probably why it cant get passed 0.1 is because of the seller, shore capital. Once they are done it will go.

From previous rns:

This was an important step for the Company's hydrogen storage projects as applicants for government funded Revenue Support via the Department of Energy Security and Net Zero's ("DESNZ") forthcoming First Hydrogen Storage Allocation Round ("Allocation Round") will be required to furnish such LOS from identified hydrogen storage users and financial backers in order to be successful.

The letter means that one of Japan's most significant global trading houses has recognised the strategic significance and potential material future value of our planned hydrogen storage projects.

Similarly, a further LOS has been received from SGN, operator of the natural gas distribution pipeline networks in Scotland and in the south of England, who plan to build the H2 Connect hydrogen pipeline which will link our Dorset hydrogen storage with the Solent Cluster, Southern England and the wider UK.

Now letter of support with major player RWE

Share price will be up and down but overall the trend is up. Remember this is worth billions amd mcap only £7.6 mil

UKEn will build the UK's largest Hydrogen storage site, with up to 2 billion cubic metres capacity providing up to 20% of the UK’s predicted hydrogen storage needs in 2035, doubling the UK’s existing underground storage. It will also include a system level hydrogen battery to store excess renewable power for later peak power demand use.

Https://x.com/UKOGlistedonAIM/status/1819276993981989246?t=yXx5n-jDNUSPGryLV9dDvw&s=19

Https://x.com/proactive_UK/status/1819276457215930854?t=XaIC9YrdMeJ4ccZUCeOm7A&s=19

Can you share the new table please

Clontarf is now in Phase 4 of a 5 Phase process, which now focuses on maturity of the offered technologies. Stream 1 covers companies claiming to be already operating Direct Lithium Extraction plants. Stream 2 includes operators with an existing technology and plants being commissioned. Clontarf was initially placed in Stream 3, but now expects to be treated as Stream 2, since the joint venture's plant now awaits bulk samples for production testing.

Https://www.bnamericas.com/en/news/bolivia-qualifies-25-firms-for-lithium-pilot-plants

Https://www.gov.uk/government/news/record-breaking-funding-for-clean-energy-in-britain

Well go and have a look at their page, they have just posted two tweets in the last 15 minutes. Probably because people don't understand the significance of the hydrogen storage projects.

Consolidation is going on and rightly so as it has almost done 900% from lows and still holding well. Next leg take it higher. Government revenue to start for first allocations in Q3.

Https://x.com/UKOGlistedonAIM/status/1818242087453598086?t=VeXssOlSUYJDVDGysGYEvg&s=19

UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that the Company's planned strategic Dorset Hydrogen Storage Facility ("Project"), operated by its wholly owned subsidiary UK Energy Storage ("UKEn"), has received a letter of support ("LOS") from SGN, the operator of the planned H2 Connect hydrogen transmission line, which plans to directly link the Company's storage with the Solent Cluster and Southern England and, ultimately to the new UK wide hydrogen grid of Project Union. SGN currently operate Southern England and Scotland's natural gas distribution networks.

https://www.dorsetecho.co.uk/news/24425178.plans-uks-biggest-hydrogen-storage-caverns-portland/

https://bmmagazine.co.uk/news/vast-dorset-salt-caverns-to-store-hydrogen-under-former-royal-navy-base/

UK Oil & Gas PLC (London AIM: UKOG) UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that the Company's planned strategic Dorset and Yorkshire Hydrogen Storage projects have received a letter of support ("LOS") from Summit Energy Evolution Ltd ("SEEL"), a wholly owned subsidiary of major Japanese trading conglomerate Sumitomo Corporation ("Sumitomo").

The LOS states that SEEL, Sumitomo's UK based hydrogen and energy transition subsidiary, "commits to continue to cooperate with UK Energy Storage ("UKEn"), UKOG's wholly owned Hydrogen Storage subsidiary, with a view to SEEL or Sumitomo investing in UKEn's future hydrogen storage projects". It also details that "UKEn's hydrogen storage projects could provide keystone storage for SEEL's Bacton Hydrogen (generation) Project", a proposed 590 Mega Watt low-carbon hydrogen generation facility located close to the existing Bacton Natural Gas Terminals in Norfolk.

This first LOS is an important step for the Company's hydrogen storage projects as applicants for government funded Revenue Support via the Department of Energy Security and Net Zero's ("DESNZ") forthcoming First Hydrogen Storage Allocation Round ("Allocation Round") will be required to furnish such LOS from identified hydrogen storage users and financial backers in order to be successful.

They raised 700k over the last two months, next funding will be non dilutive imo from offtakers or EU institutions.

Potential here could be huge, has taken many years due to delays. Could actually finally pay off for longterm holders. "The company is still on track to complete this task on the projected timeline between mid to end of the 2nd quarter of 2024 as per our previous announcement"

"Discussions are still ongoing with both major automotive group and with an alternative combustion manufacturer"

Remember the director holds 21.18% of the shares and you would expect him to see a return on his investment.

Phase IV: Undergo a meticulous evaluation of the project proposal by YLB's expert panel, focusing on innovation, sustainability, and alignment with the call's objectives. Receive feedback and recommendations for any necessary adjustments.

- Phase V: Engage in negotiations with YLB to finalize the terms and conditions of the project agreement. Successful negotiations will lead to the official signing of the agreement, marking the commencement of the project's execution phase.

They have to show their capability within 10 days so takes it to around 28th May, and then results upto 5 bussiness days 4th June latest. But would think this would have been prepared in advance, so could be alot sooner.