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The demand for Gas along with the price to rise. The link is weekend news but very relevant to GASOL. http://www.ft.com/cms/s/0/e8a82d0e-8cee-11de-a540-00144feabdc0.html
PURICORE - news is not bad at all. It was expected as they are confident in their projected growth looking ofrward. hence they are comfortable with the provisions annnounced today. The SP should hold and climb when the results come out. There should be another announcement later in the week which will confirm a strenthening market position. Details of today's announcement are ......PUICORE announces that it has closed on a new $2.1 million debt facility with Republic First Bank. The debt will be drawn down through the fourth quarter and is structured as a 36-month promissory note with an imputed interest rate of 5.9%. This financing is consistent with the company's strategy to utilize debt to fund the installation of leased Sterilox Food Retail Systems.
The extended five year contract is expected to generate revenue of approximately GBP3.5m for Innovation Group, recognizable over the period. http://www.advfn.com/p.php?pid=nmona&cb=1251183305&article=39173523&symbol=L%5ETIG
Thursday, February 12, 2009 Afren invests £1 mln in Gasol through placing Gasol PLC said it has raised £1 million through a placing of 20 million shares to Afren PLC at 0.5 pence each, taking Afren's ownership to 21.3 percent. The money will be used for general working capital, and will allow Gasol to continue its business development activities, giving Afren market access for its gas reserves, both secured and under negotiation. Gasol has made significant progress to date in developing potential gas opportunities in the Gulf of Guinea. Gasol continues to progress strategic financing discussions with other potential partners. Gasol CEO Soumo Bose said : “The strategic investment is an important step in Gasol's development. We look forward to continued progress on several existing gas monetisation projects in West Africa, with Afren as our upstream partner.”
LNG plugs into the barbecue. Chuck another shrimp on the barbie mate and don't forget to watch the rugga on Saturday. (NZ vs Aus)
LNG GAS. * The conversion of natural gas to LNG, which can be shipped on specially built ocean-going ships, provides consumers with access to vast natural gas resources worldwide. * LNG produces less greenhouse gas and toxic emissions than low-sulphur diesel and biodiesel due to the molecular structure of gaseous fuels. In chemical composition terms, diesel has more than 20 carbon atoms, whereas LNG has one carbon atom. * LNG is an odorless, non-toxic and non-corrosive liquid. If spilled, it would not result in a slick. Absent an ignition source, LNG evaporates quickly and disperses, leaving no residue so there is no environmental cleanup needed for LNG spills on water. * LNG imports mean less pressure on natural gas prices in the US. * LNG engines can achieve a reduction of up to 50% in noise levels compared to diesel engines. * LNG's fuel storage mass is also 800-1000kg lighter. Vehicle operators can therefore achieve much greater haulage ranges using LNG. * LNG provides the opportunity to store natural gas for use during high-demand periods in areas where geologic conditions are not suitable for developing underground storage facilities.
A reminder to those that did not read: Gasol completes GBP3 million funding Gasol (AIM: "GAS") is pleased to announce that the Company has successfully raised GBP1 million through a placing of shares with its majority shareholder: African Gas Development Corporation Limited ("AfGas"). As announced on 30th January 2009, Gasol had planned to raise GBP3 million to fund its general business development activities and working capital requirements. Following the GBP2 million raised by way of placements on 12th February and 27th May 2009, Gasol has entered into an agreement with AfGas on 19th August 2009 whereby: ................. http://www.advfn.com/p.php?pid=nmona&cb=1250847440&article=39117151&symbol=L%5EGAS
Things on the move. For info about GAS http://www.oilbarrel.com/companies/details0/company/gasol-plc.html
The worldwide natural gas markets are growing rapidly, due to high oil prices, growth in demand for energy, and natural gas being competitive for power generation. The increasing demand, and the substantial distances between where gas is needed and where gas is produced, has fuelled the growth in the LNG business. Worldwide LNG markets are expected to show high growth..“Afren’s statement of intention to assemble gas reserves in partnership with African LNG marked a major step forward for Gasol”. Gasol’s strategy for creating value by connecting LNG produced in West and Central Africa to high value markets is particularly timely. It is a well known fact that West and Central Africa, especially Nigeria, has one of the largest untapped gas reserves (reserves estimated at 300 tcf, out of which 80% is in Nigeria). Its gas reserves are significantly larger than those of major producers such as Algeria, Australia, Canada and Venezuela, and they are comparable with reserves of Western Europe, the US and the United Arab Emirates respectively. Much of the gas has fragmented ownership providing an opportunity to pool the gas into economic sizes for liquefaction and export. The region also has large quantities of gas being flared, which provides an opportunity for monetising flared gas by putting in place appropriate technology and infrastructure. ............. Significant progress has been made through its investee company, AfLNG (in which Gasol holds a
The below info is still relevant and Puricore are still performing well. 29/04/2008 Robert Tyerman Life sciences specialist PuriCore says first-quarter revenues have soared. The Stafford-based company, which develops proprietary products to kill contagious pathogens whose applications include food safety, medical device disinfection and wound therapy, saw its deficit rise 20 per cent in 2007 on revenue up 17 per cent to £9.3 million. During the year, fully listed PuriCore’s Sterilox Endoscopy food safety product received ‘10k clearance’ from the US Food and Drugs Administration and established new US patents for its wound therapy treatment. The company, which ended the year with nearly £8 million cash, has experienced a sharp acceleration in some areas. Chief executive Greg Bosch says first quarter revenues were 89 per cent up on a year earlier at £4.6 million, with food safety product sales ahead by 128 per cent to £2.15 million and YUK endoscopy sales 68 per cent forward to £2.35 million. Bosch says he expects revenue growth of this order to continue throughout this year. At 25.75p, down from 83p in 2006 but up from 16.75p last month, the shares value he company at £39.37 million.
16/02/2009 Oliver Haill Anglo-American venture PuriCore has developed a novel technology, using just salt and water, to address parts of the healthcare and grocery markets. The patented Sterilox process uses electrolysis to unite salt and water in a way that mimics the human body’s immune system. This creates a broadly similar chemical to chlorine and bleach, but at a pH level that is non-toxic to humans. Current applications for the technology are the disinfection of endoscopy instruments in hospitals and fruit and vegetables in grocery stores.
Gasol into Equatorial Guinea 23/06/2009 Robert Tyerman * Reduce text size Decrease text size * Increase text size Increase text size * Print article Print * Share this article Share * Email article to a friend Email Liquefied natural gas play Gasol has won rights to its first gas assets in the West African state of Equatorial Guinea. The AIM-quoted company, steered by chief executive officer Soumo Boase and with the entrepreneurial Haresh Kanabar still on the board, has obtained the rights to assets in Block B of the country’s Zafiro project through a joint venture with SONAGAS, the national gas concern. Gasol, which does not have to make any up-front payment, says it estimates the project could generate eventual potential revenues of £1.1 billion at a cost of some £310 million. Gasol recently secured a £10 million ‘equity credit’ line with US investment group GEM Global Yield Fund. Bullish analysts see the company making £4 million pre-tax this year, while the shares have swung between 9.75p and 0.48p over the past year and now stand at 2.98p.
good long term contracts with Blue chip clients. They are a safe buy and share holders will realize a good return at this price. (Reuters) - Software firm Innovation Group said on Tuesday it was confident of adjusted pretax profit for the full year to be within the range of market view and that the pipeline remained strong. Ellipta selects Innovation Group to support its new property claims system 12 Aug 2009 The Innovation Group plc (LSE: TIG.L), is pleased to announce an important contract win with Ellipta Ltd, one of the UK’s leading providers of engineering and surveying consultancy. RSA Insurance improves claims experience with Innovation Group 23 Jul 2009 Innovation Group, outsourcing and solutions provider to the global insurance and automotive industry, today announces the UK’s first implementation of Innovation Symbility, a pioneering mobile and wireless claims management software solution, with RSA Insurance Group plc.
Oil and gas exploration and production firm Hardy Oil & Gas reported a first half pre-tax loss of $5.4m compared with a profit of $9.7m the year before. Was this just based on sales or reduced production???
the medium to long term. IMHO. The returns on this share are going to be very good. The MM's and big players will scoop up shares over a period of time. Waiting for small time investors to lose patience and sell. Once enough sells have occurred and they have bought up what they want, the SP will move up very suddenly. Many will miss the boat. IMHO. Reason I believe this should have risen a while back is my personal knowledge of the area. Infrastructure is fantastic, politically stable and the Uranium deposit has been confirmed.
you need look for. Firstly: are they currently making profits with a strong projected growth. Secondly: Market capitalization. Focus on what is supporting these two important bits of intelligence relating to any company and you will be in a much better position to decide whether it is worth investing or not. TIG is making profits in a bear mkt and they have a good balance sheet (£87.4Mil capital valuation) which is going to get better. Dont forget to do the cross check against number of shares in issue. I am in a number of sectors as I like to spread my risk. I chose this share as one of my safer options. Enough from me. Best wishes and always dyor. (never just take what is said as fact without checking for yourself)
Currently the share price is cheap. You pretty much cant lose with this share in the medium to long term. The contracts are with well established companies that are on their way to recovery. IMHO this is a buy however being a lower risk share the returns may not be as dramatic. A steady rise is more likely than a spike due to its link with the Financial services sector, and we all know the financial services have been hammered which means an upward trend is a greater likely hood over next year. DYOR