focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Rachel Grant
Hello everyone
Welcome to the latest edition of ONR News, keeping you updated about our work as the UK’s independent nuclear regulator for safety, security and safeguards.
I'm delighted to say hello to you all as the new ONR Policy and Communications Director and I look forward to speaking to you regularly within this newsletter every couple of months.
Today's newsletter focuses on the announcement that Rolls-Royce SMR Limited's 470 MW Small Modular Reactor (SMR) design can progress to the next phase of the Generic Design Assessment (GDA) process.
Together with our fellow regulators, the Environment Agency and Natural Resources Wales (NRW), we agree that the preparatory work of Step 1 has been successfully completed and we can now begin the technical assessment phase of Step 2.
Any chance of getting Elland and Nailsworth drilled and hooked up to Southwark this year?
Thanks, everyday a school day.
I suspect H2 will be relatively successful. Initially I think they will get the expected 30-40mm without liquids. H1 will be shut as there is no point in filling the pipe line with liquids and slowing H2 recovery. Eventually H2 will produce liquids and problems but hopefully going into autumn/winter the gas price will be higher and they can build some reserves to hook up another area.
forfaiter
Read all the thread mate.
219p would put monthly revenue above current market cap.
Well if H2 delivers as hoped then at 151p we are looking at £18m revenue per month.
Help..do we know when the drill is going to be completed...??
Three months to drill and hook up so that’s end of May/start of June.
Other dates:
2022 FY results should be within the next 3 weeks.
33rd round licenses should be awarded in April.
Update on 5th Jan was that they ended the year with £32.4m in cash. I’m hoping that when the results come out the cash position is significantly below market cap.
Been watching for a while and decided to take the plunge this week. Never invested in oil and gas before.
Bought a bit over the last few days but today was the first time it was difficult to get a quote.
Fingers crossed, got a burned with Nano so could do with a win here.
Got it 5.14p.
Thanks, but still can’t get a buy on HL.
Have placed an order. Will see what happens.
200k but have tried 200/100/50.
Using HL.
Can’t get a buy quote, been trying for 30 minutes.
If there are no sellers why is share price not moving up.
So many post on the board, it take to long to research so apologies if been answered already. I read that £10m of an allocated £12m of litigation funds had been spent up to now. What multiple/interest is the funder likely to get? Anyone?
Totally agree, government are far too short sighted.
For now RR is a recovery play for the short term based on recovery in flying hours and reduction of debt.
Share price wise SMR is not being taking into consideration yet and the quality business' of defence and power systems are being overlooked. LTH
good article:
https://seekingalpha.com/article/4568471-rolls-royce-return-chinese-traveler