The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
High risk high reward, I won't be selling at these silly prices
Cash at hand almost double the current mcap of £1.4 million, bonkers!
Its getting silly now, just return the cash and be done with it
Winter flu used to kill around 40000 every year according to NHS, strange they don't mention flu death anymore, everything just get blamed on COVID
Mcap only £1.5 million, pointless selling at such a low point. Hopefully we get some news next week
Bonkers, mcap £1.4 million vs £2.5 mil in cash, SP is 3p if they return the cash to shareholders
As at 31 July 2023, Ovoca has an unaudited cash balance of €2.6 million, lets see what they decide to do with that cash pile
Way oversold, more cash than mcap now, back to 4 - 5p soon
Mentioned in Daily Telegraph
British oil explorer adapts tech to hunt ‘white hydrogen’ bonanza
This clean fuel is seen as an important alternative to burning methane for industrial processes
By
Howard Mustoe
7 August 2023 • 12:42pm
France's Lorraine mining basin could yield high-purity hydrogen at a depth of only 3,000 metres
A British oil exploration specialist says it has developed a way to locate underground hydrogen deposits, in an attempt to capitalise on rising excitement over the potential of naturally occurring clean fuel.
Leeds-based Getech has spent decades helping fossil fuel companies analyse geological data for crude oil and methane reserves. Now it has adapted its software techniques to hunt the so-called white hydrogen stored in the Earth’s crust.
Scientists posited more than 20 years ago that rocks deep under the earth’s surface might be harbouring the gas, but that getting to it could involve drilling down several kilometres.
plans to help kick start the white hydrogen industry, deeming the potential “astronomical”.
Viacheslav Zgonnik, a Ukrainian geologist, has estimated that the gas price could fall to $1 a kilo compared to the $3-$4 it costs today, making it far more economical as a replacement for oil and gas.
Another prospector, Gold Hydrogen, has found accumulations with 80pc hydrogen at 500 metres in the Yorke Peninsula of South Australia.
As well as burning well, hydrogen is attractive because it can be stored, while storing electric power is tougher and less efficient than using it immediately.