The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
So Canadian Daily average is: 75,675 shares
Todays turnover is: 1,002,761 shares
Wonder what the share split is between London and Canadian markets?
i'm guessing it was a "Price Limit" trade that was keeping the Price down, so tomorrow it should react positively in London Market.
Do we get July Monthly production figures next week?
hope so, expecting :
(a) An increase in production as problems are mostly resolved
(b) Additional Well expected to start producing in July
(RNS 16th Aug) states
Three wells were converted from pumping to flowing configurations in late June and July 2022 with a fourth well in line for conversion in the next week or two. As well the first two of the above-noted converted wells has been tied-in directly to the gas plant and is on production, with another well shortly to follow.
(c) Now we have CUDAs percentage, its all our profit
GLALTH
Around 26 EasyJet flights in and out of Gatwick have been cancelled at short notice, with the airport blaming staff Sickness.
https://www.bbc.co.uk/news/business-62643664
Energy crisis: UK expands gas emergency exercise ahead of winter
A regular energy industry exercise aimed at preparing the UK for the possibility of a gas supply emergency has been scaled up despite the government downplaying the threat of shortages this winter.
The annual drill will see potential scenarios - including rationing electricity - wargamed over four days, rather than the usual two, as energy concerns grow.
Industry insiders linked the drill's extension to the seriousness of the energy challenges forecast this winter.
Full Article: https://www.bbc.co.uk/news/uk-politics-62604653
When is the hedge due to Finish?
i know we've renegotiated for Q1 & Q2 next year, but is that the finish line or is there more to be hedged later than this?
Think when the Winter sets in and Russia stops all Gas Sales to Europe, then the Gas Price will explode.
Whilst i agree with your capacity views, the company has however not only cancelled many flights but stopped flying from some airports altogether
from Southend where we had 20 flights + per day , this has dropped to 3 flights every 3/4 days, only going to 3 destinations now. Hopefully with training/retraining this will increase back to pre-Covid levels.
I think the winter season is virtually cancelled completely from this Airport.
Wonder if these BUYS had a purchase "PRICE" limit on them set by the Customers?
And to fulfil the order the MM had to obtain shares themselves cheaper than that price, hence surpressing/controlling the price with the Market.
RNS states: "As a precautionary measure, the Company has worked with its hedge provider to roll a portion of the Q3 2022 hedge into Q1 and Q2 of 2023. This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company."
Its the detail relating to the "Portion of Q3 hedge" - is it Some of Aug/Sept/Oct or all of Aug &/or Sept &/or something else?
is there still any hedged gas position in August?
or
Is it all rearranged for Q1/Q2 next year?
I havent seen any details of What was agreed, but was thinking we may now be in a Comfortable time period which allows us NOT to Rush and ensure all is in good working order.
Read this, you can better understand where ART is coming from, and why he believes the MM are mis -reading this company.
https://www.canoverseas.com/wp-content/uploads/2022/08/COPL_August_2022_Investor_Presentation_Final_080822.pdf