Member Info for Brombarb

Will we hear how first gas 2029 per RNS today is reconciled with MW reports's first gas 2031 and what that means for our plans?

Interestingly TAPs including pretty well all infrastructure was built in just over three years so how quickly can AGDC get investment sorted?

The article deals with the initial shipping of gas for use in South Central Alaska which is the initial objective of Natural Gas Pipeline project "lite" so in that respect is not totally inaccurate.

The Author Alex DaMArban has obviously had access to the report and taken views from both sides of the devide.

It could well be argued that WM reports estimations are based on unknowns such as the reopening of a fertiliser factory, opening of new data centres etc etc

13:26

"Funding options being presently under consideration include a suite of alternatives including farm-out, equity, debt, hybrid and a US listing targeted for 2025. The Company believes a US listing is an important step into providing greater access to the US institutional investment community, and to enhance market depth and liquidity in the Company's shares."

RNS 14/06/2024

Https://www.adn.com/business-economy/energy/2024/09/15/report-pitches-alaska-gas-line-over-imports-as-cheaper-solution-to-looming-energy-challenges/

17:32

No definately 2031 for first gas from natural gas pipeline per WM report.

https://agdc.us/wp-content/uploads/2024/09/2024.09.10-WM-AGDC-Alaska-LNG-Phase-1.pdf

Time to first gas 2031 (page27)

"News lows are definitely coming."

If you believe that then why not sell now and buy back at a lower price?

07:15

Looked and looked and only references to gravel pad I could see related to Alkaid-2?

Did I miss something?

That $4M of federal Aid relates I believe to FY23 so has been known about for some while, in reality its just a spit in the ocean and to date their is no new news of investors being found either for the initial engineering project ~$50M or indeed the pipeline"light" project ~$11B, this project has been in the mix for ten years now and despite many positive pronouncements from Governors,Senators and AGDC over the years is still in doubt.

https://alaskapublic.org/2023/05/08/state-owned-corporation-asks-for-5-6-million-to-keep-alaska-gas-pipeline-quest-alive/

Article is from 23 but worthwhile reading to understand situation.

Looks like Alaska is becoming much smaller for us with relinquishment of Icewine West.

" 88 Energy has requested relinquishment of the remaining Icewine West acreage from the Department of Natural Resources and approvals are expected in Q3 2024."

This coupled with Current suspensions at Pergrine & Umiat suggests (to me at least) that Phoenix and Leonis are where we will be concentrating activity subject to farm in.

https://clients3.weblink.com.au/pdf/88E/02847654.pdf

Latest from Recon Africa regarding Naingopo Drill.

"Spud the Naingopo exploration well, which is currently drilling at a depth past 2,400 metres or 7,875 feet. All primary objectives are below the current drilling depth. "

https://reconafrica.com/wp-content/uploads/ReconAfrica-Press-Release-082924.pdf

Preferably one who is a billionaire :-)

https://pbs.twimg.com/media/DWoFYMZVAAAb3RT.jpg:large

Looks as if they have reduced to 0.49% so no disclosure.

not sure what their strategy is.

https://shorttracker.co.uk/company/GB00B125SX82/

11:00

"I would fear more for Mangrove"

Who cares I hope the slimebags get what they deserve.

10:49

We do not know for sure whether they reduced their short or not, to me it looks as if that reduction to 0.44% (and hence reporting threshold) was just due to more shares coming to market on 2nd August.

Subsequently they look as if they borrowed more shares to breach the threshold and hence become public.

Https://dog.dnr.alaska.gov/Document/Download/172C7CA54F1546E88EEF89DDBE7BA007/North%20Slope%20Activity%20Map.pdf

Https://dog.dnr.alaska.gov/Document/Download/172C7CA54F1546E88EEF89DDBE7BA007/North%20Slope%20Activity%20Map.pdf

Link from BLM

seems not all of TAPS is on Federal land.

BLM (Fed) 376m

State 344m

Private 80m

https://www.blm.gov/blog/2020-01-07/trans-alaska-pipeline-system-nutshell

Link from BLM

seems not all of TAPS is on Federal land.

BLM (Fed) 376m

State 344m

Private 80m

https://www.blm.gov/blog/2020-01-07/trans-alaska-pipeline-system-nutshell

13:28

Yes I understand that the public consultation has ended, but at moment we do not know if either members of the public or other agencies have raised any objections that may delay, we all want things to move smoothly but its best to be aware of the possibility.