Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I have to say listening to the interview I am totally uninspired compared to what I was led to believe 5 or 6 years back. Eye contact lenses? Dental braces? I mean really? Where has all the talk of consumer products dissapeared? Ver , very dissapointed.
Defo awaiting an imminent decision. From RKH's last update RNS:
Following Italy's request to seek annulment of the Award, an ad hoc Committee was constituted to hear relevant arguments and make a ruling on Italy's application for a continuation of the provisional Stay of Enforcement pending the determination of Italy's request to annul the Award. A hearing on whether the ad hoc Committee will continue or lift the provisional Stay of Enforcement was held on 6 March 2023, with a decision expected in the next few weeks. The decision on whether to continue or lift the provisional Stay of Enforcement is unrelated to the merits of Italy's annulment request.
paul, Ilika did a deal with Semefab in 2018 and then changed direction to bring production in house. Why!?
https://www.lse.co.uk/rns/IKA/manufacturing-partnership-rneddi7igptqvxj.html
Ilika changed their minds again recently to out source to Cirtec. I think its not cost effective to produce in house. Whether Cirtec actually make money in the near term is yet to be seen.
Nothing has really changed. Sold a few batteries. If Ilika had anything substantial they would have been bought out by now. Simple. Directors sell and Insittions keep off loading. What gives? DYOR AIMO
https://www.ft.com/content/7640e7bc-6006-47d9-bf66-ae3033338618
Shouldn't Italy be using EU money to help sort out their energy problems rather than football !?
https://vimeo.com/812137726
Navitas Sealion presentation starts 19 min in.
Paul most of those "some" are built into the risk/reward scernario.
I really don't understand who is selling. The risk / reward is compelling I would have thought.
Currently at 247m Euro. + (1.5m Euro/month)
Running through a compound calculator Italy will owe approx 265m Euro in 12 months when the outcome should be known.
PennyorPound, i thought he said they were a company that paid out dividends but I will have another listen when I have time.
Apologies, been posted already.
FALKLAND ISLANDS GOVERNMENT
PRESS STATEMENT
14 March 2022
Navitas Petroleum visit Falkland Islands
From Monday 27 February to Friday 3 March a team from Navitas Petroleum
visited the Falkland Islands to meet with Members of the Legislative
Assembly, the Falkland Islands Government and the Foreign, Commonwealth and
Development Office.
Their visit was to learn more about various aspects of the Islands, the
MLA's Islands Plan, especially in relation to hydrocarbons and the
environment, and to discuss the Sea Lion project after the Navitas farm-in 6
months ago.
Chair of the Legislative Assembly, MLA Leona Roberts said: "We welcomed the
opportunity to meet with the Navitas team to discuss the Sea Lion project.
Our discussions were positive and expressed our Islands Plan commitment to
exploring project plans, in an environmentally conscious way, which could
secure lasting benefit and opportunity for the Falkland Islands. We support
the development of Sea Lion in principle, subject to required formal
approvals, and remain keen and committed to continuing discussions with the
team on how this project could develop. Regulatory approval for the Sea Lion
project to proceed will be considered by ExCo once the project has matured
further. Navitas also held a very successful meeting with members of the
business community at the Chamber of Commerce, in which there was clear
commitment to working with local businesses as the project develops."
Chief Executive, Andy Keeling said "The enthusiasm and can-do approach of
the Navitas Team is very evident, having face to face meetings has been
invaluable. Their commitment to Sea Lion and to working closely with FIG has
been very demonstrable and we look forward to developing this further,
through joint workstreams over the coming months."
Chairman of Navitas Petroleum, Gideon Tadmor commented: "Our team presented
the significant progress made, built on predecessor's high quality work,
towards Sea Lion's Final Investment Decision. FIG's collaborative approach
and support will enable us to accelerate the development of Sea Lion to the
highest practicable technical and environmental standards. Sea Lion is a
win-win opportunity which can multiply and diversify the Islands GDP,
benefiting many generations to come, and furthermore underpin
fiscal-independence and self-determination. We would like to thank the MLAs,
FIG, FCDO, the local business community and all other Falkland Islanders for
their warm hospitality in this unique place."
Let's hope the investor call is in English and not Hebrew !!!
The partnership is honored to announce that the expected date for the publication of the periodic report for 2022, including the financial statements for December 31, 2022 (hereinafter: "the periodic report") is March 23, 2023, subject to the approval of the board of directors of the general partner of the partnership.
The partnership is also honored to announce that it intends to hold an investor call in connection with the periodic report on March 26, 2023 at 14:00 via Zoom Webinar at the following link:
https://us02web.zoom.us/webinar/register/WN_NBsBFyqfSrGqZ1sn2XP3TA
The periodic report and a presentation that will accompany the investor call will be published by the partnership on the Securities Authority's distribution website at www.magna.isa.gov.il and on the website of the Tel Aviv Stock Exchange Ltd. at www.tase.co.il.
As of March 27, 2023, it will be possible to find a recording of the investor call on the Investor Relations page of the partnership's website,
DeusExMachina, on the plus side at least Navitas will have more experience in logistics as Shenandoah is offshore.
DeusExMachina, I was wondering how you could make such a big mistake there.
When do the prodcuction license run out ?
into the leased Aoka Mizu FPSO. Production of 2P Reserves is projected by Hurricane to continue until August 2025 at an assumed US$80/bbl oil price, at which point the Lancaster field will be abandoned.
------------------------------------
Aoka Mizu FPSO too small for Sealion?
As someone pointed out RAB still have warrants to exercise until end of 2023. Shrewd move indeed.
RAB bought in at ~6p and sold approx half his holding at 12p. RAB now have a free bet on Sealion. Very shrewd.