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@mMax1 it comes from the French mille which is a thousand. So MM is Mille Mille 1000 X 1000.
What incentive is there to repay the bonds a couple of days early?
Hate to be pedantic.
Methane has no smell.
They add the Hydrogen Sulphide in the processing plant. This is so it smells like the old Town Gas made from coal, a safety reason so people can detect leaks.
More of the same would be good.
unrelated
Cheers BB, I wondered what the hell that was. A lot of random unconnected websites were unavailable.
It isn't.
I'm just terrified they'll try and turn us over again.
That's my horrible feeling.
Could they issue shares to pay part of the bonds off?
I know that's stupid with all the cash in the bank. But it is our board.
This is pure idle speculation, looking for the worst possible outcome.
You are missing the thing with the % levels. Its the production quantity that's the key.
Angus have to pay METS the full market rate for 3,375,000 Therms between the 1st of July and the 30th of September. METS then pay us 0.4140 per Therm.
If Angus produces 3,375,001 Therms in that period. We get to sell 1 Therm at market rate and keep the proceeds.
@Liquid1
That reminds me of a converstaion I had with an English bloke at Berlin Schoenfeld airport in 2016
Bloke ' God this airport is terrrible'
me 'It is the old East German one'
Bloke ' You'd have thought they'd have built a new one by now'
Me 'See that building over there on the horizon. Thats the new airport. Its ten years late, falling to bits, unsafe and they can't open it. Its a monumental disaster'
Bloke 'I'm shocked, I thought the Germans were so efficient'
Me ' Don't believe everything they say'
In the UK it isn't the build part of the project and the lazy brit workers, that cause they delay. Its the Middle Class 'professionals' and consultants that cause all the delays. Prior to a shovel hitting the ground. All scratting round trying to grab their percentage through inflated fees.
Senseman, Its looking like markets think that Macron will bring an end to the conflict and keep Russian hydrocarbons flowing. The oil price is falling.
S4 offence under the football supporters act 1991.
I know what he's down every Saturday at three o'clock for the next few years. Reporting to his local nick.