The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
My understanding is the US doesn't use much gas currently. Europe does - UK Germany etc....
One way to transport gas is by liquifying it on extraction and loading it into tankers. Well a few one warm winters....
https://www.maritime-executive.com/editorials/the-arctic-shipping-route-no-one-s-talking-about
This is lot cheaper than building pipelines !
Regarding Gas - This gives aback drop.
https://corporate.exxonmobil.com/Locations/United-States/Alaska/About-ExxonMobil-Alaska#WhatWeDo
It looks to me like Exxon has as much gas as they can cope with.... on the north slopes.... They spent $3Bn on pipelines and plant to process. Their plant is 72 Miles away and not sure they need to buy our gas as it looks like there is no shortage of it and they can only process so much.
Even if we find oil its not worth much while the oil price is so low.
Someone could take it off their hands cheap at best while the share price is low. - Otherwise they will have to wait until the price of oil is bigger than the extraction costs and it's going to make more money than other available oil.
No one needs more oil !!!
Yesterday I spotted this program on TV...
Worlds Worst Roads....
Season 1 | Episode 1 | Length 1 hour 20 mins
Alaska: And you thought the M25 was bad. Sue Perkins and Charley Boorman trek across Alaska on the notorious Dalton Highway, battling Arctic conditions on a glorified dirt track. S1 Ep1
The thing that I didnt spot was the channel was:
"DAVE" and on "Dave Ja Vu" + 1 channel on 211 on Sky.
Dave of all the channels.... he is communicating just in strange ways.....
Season 1 | Episode 1 | Length 1 hour 20 mins
Alaska: And you thought the M25 was bad. Sue Perkins and Charley Boorman trek across Alaska on the notorious Dalton Highway, battling Arctic conditions on a glorified dirt track. S1 Ep1
actually is on "DAVE" and has just started on "Dave Ja Vu" + 1 channel on 211 on Sky.
Interesting program on UK Gold TV channel - World worst roads - featuring the Dalton Highway and the Alaskan Pipeline.
Just caught the end of it. Usually these programs are repeated sometime same day.
BOBHOPE - I'll see you at the 0.001p party..... but you won't be able to aford a drink.... or transport.... ophs!
Are you really too lazy to press a few icons above like "Live RNS" or "Share News" or indeed step back through these messages.
was wondering about Lefkosia? he went wissing before the £0.002 party.... no sign that I could see.... may be has fallen to the CV ?
can break=can't break.
Phrontist, I was thinking the same Exxon has this $3 Billion plant where they do the same, Its 72 miles away. I initially was ruling it out as I was thinking as a guestimate that pipeline would cost 1 million per mile ? but when you look that they produce 10,000 barrels a day. thats only 4 gallons a second.
Our field would be smaller. So you could get away with a lot lesser pipe.
As long as no one can break it and have it leak all over Akaska, which wouldnt be good.
>> It could get back to .6 or .7 by the end of the day....
and it ill be 10p by the end of the week...... no more.... I've heard enough......
We’ve hit a large amount of gas.... Exon pumps gas out of Alaska using it 72 mile pipeline... this has value which will become apparent over the next few weeks. The test results will comeback from HRZ too.... This could all still be worth multiple pence.
No point in bailing until we get the test results on HRZ that was always the plan and where Paul said the money was. We now have that tested for free. results in a couple of weeks.
That is the potential motherload taking us to multiple pence in value.
The trading volume - buys never seemed. To move the share price... sometime we got low volumes and it moved up 20% some large move on very little. Market maker making money...
non=none
Well, Well, Well, do you feel lucky? Did he find 7 good layers or non at all.... The dice are in play..... and so is my pension...
you guys are foreever the optimists..... I guess thats why you've hung around here for so long. Shaa we had over 100 Million only two days ago it went up 20% and back down same day. I blame the Market Manipulators.... How will 150 Million go up 1000% ?
case in point the recent RNS.... rises 20% and drops back to what is was before in two days. ho hum.....