Member Info for Carcosa61

Yes, company accounts do tend to lag a bit but not excessively so. It also reflects the conditions under which DUke continued to fund them at the time. so I suggest you look harder.

Also note that currently 94% of companies are actually paying Duke, which is 3% worse than at FYE22 at 97%

If you review those companies in the Duke Portfolio which submit their accounts to Companies House many of them are in very poor health and with some openly saying that they are not a going concern should future finance not be available from Duke.

This also aligns with Dukes' statement yesterday in which they say "... opportunistic in taking advantage of the current market where we are seeing other lenders pulling back from making new investments." If other lenders are pulling back then that indicates to me high risk.

"...we look forward to a successful conclusion if not by the end of the year then certainly in Q1 2023."

This https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet provides an example table of the different elements of the levy/allowances.

It should provide a small improvement for JOG overall; However what is more attractive for JOG is that the end date has been substantially extended to 2028 but no doubt the oil majors will want this changed.

"This is why we will be consulting stakeholders over the coming months as part of a review of the UK’s long-term tax treatment of the North Sea after the Energy Profits Levy ceases to ensure the regime delivers predictability and certainty, supporting investment, jobs and country’s energy security. The review will report by the end of 2023."

https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet

Hopefully a more useful post.

https://www.youtube.com/watch?v=YMWX1r_q7uE

CEO Adam Davidson presented at a Mello Monday event, updating existing and potential shareholders on their Q3 Activities Update.

You are making the assumption that you need Somero products to lay flat and even flooring. It's something of a myth generated by retail investors over a number of years. There is no requirement for such equipment. If there was, then even in North America sales would be 10 or 20 times greater than is currently the case.

Somero offer a very niche product requiring customers to have a very specific set of circumstances to consider their machines

Two updated brokers notes can be accessed from here:

hTTps://*********************/research/37_2022110103150121670/referrer/GB00BF7J2535/uid/ (Tamesis)

and

hTTps://*********************/research/899f34f1-4426-4f50-a32c-e63c4cdb67e7/referrer/GB00BF7J2535/uid/ (Shard Capital)

also, today at 3pm GMT there is the presentation accessible here: hTTps://www.investormeetcompany.com/trident-royalties-plc/register-investor

That's the hearing date. The ruling will be some weeks/months after that.

https://www.reuters.com/legal/us-court-sets-january-2023-hearing-lithium-americas-mine-suit-2022-10-06/

A U.S. federal judge has set a January 5, 2023, hearing for a lawsuit over Lithium Americas Corp's (LAC.TO) proposed Thacker Pass lithium mine in Nevada.

Opponents of the mine are asking the court to overturn former President Donald Trump's 2021 approval of the mine, whereas supporters say it is necessary in the fight against climate change. The Vancouver-based company said last February it expected a ruling in the long-running case by this fall, but Thursday's announcement from Chief Judge Miranda Du means a ruling is not likely to come until at least early next year.

GLG Recent history (A shareholder dating back to Feb 2017)

Date / Shares / Percent
6/10/22 42,532,535 5.000673%
24/8/02 N/K <5%
27/5/22 46,846,832 5.507837%
27/4/22 46,993,572 5.525165%
9/3/22 43,302,685 5.094154%
11/11/19 659,776,614 <5%

Get your broker to phone them directly. GBP100k is not a problem, let alone 50k
If you are dealing at that level then it's time to ditch cheap online broker and go for a full service broker to work your order. Your savings will more than pay for a proper broker.

Buybacks improve EPS, since there are less shares in issue.

The goal is to get the housing problem fixed but where the lawyers believe the tenant is entitled to financial compensation, because the problems they have experienced have not been resolved for a considerable amount of time and have resulted in suffering then that is where Bond Turner make their money. So Bond Turner would aim to only proceed with those types of disrepair cases.

There is an implied threat of delisting the company if shareholders do not vote the way management want.

There is no meaningful infrastructure to transport gas from US to Europe.
USA and rest of the world are two separate markets; hence the huge gas price disparity.

This is a multi year problem; new LNG infrastructure has to be built in USA and Europe, new LNG ships also required. Not sure any one would seriously invest in such infrastructure with a 20 year investment period when current situation is a short term issue. Easier for Europe to invest in its own gas resources, renewables etc.

Congratulations. you have mastered the art of posting links. You must be proud.

Next target is posting something useful within the context of Trident Royalties and, just for an extra gold star, providing a precis of the link with some of your own comments/reasoning/query.

Given the focus on Energy and the scale of the opportunity, I would ne surprised if the news agencies get wind of any deal announcement ahead of any RNS being released. Ideally over a weekend.

So that's a near 10% reduction in the price target from Cenkos since May.

"It is a bit strange the biggest gas producer in the US isn’t listed in the US too, surely this will bring quite a few new people on board ?"

DEC produces pro-forma 796 MMcfepd. That would put them around 18th largest in US behind the likes of EQT, ExxonMobil, Cabot Oil & Gas, Antero Resources, BP, Chesapeake Energy, Southwestern Energy, etc etc etc

Ref https://www.ngsa.org/