Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
update soon on new contracts, asset sales, takeover talk etc.
it's looking good.
but the bb has been taken over by pathetic idiots like dogger, kpa and other *******sssss like eurofil etc leeches that get paid 5-10 pence per de-ramp post. low lives.
petrofac will fly soon. here is a reminder.
petrofac and hitachi energy announce
second project in support of tennet’s 2gw programme
second contract award under the six-project, us$14 billion, multi-year framework agreement with tennet petrofac’s portion of the second contract valued at around us$1.4 billion award coincides with confirmation that petrofac has secured the performance guarantee required for the first contract awarded by tennet in march 2023 second contract contains similar industry standard requirement for petrofac to provide a performance guarantee additional contracts within tennet’s 2gw framework agreement expected at approximately six-month intervals
petrofac, a leading provider of services to the global energy industry, and hitachi energy, a global technology leader that is advancing a sustainable future for all, announce today the award of the second project under the us$14 billion, multi-year framework agreement with tennet – the dutch-german transmission system operator – to expand offshore wind capacity in the north sea.
the project is to be executed under a standalone contract, with petrofac’s portion valued at around us$1.4 billion.
the companies will work together to deliver nederwiek 1, a dutch transmission station which forms part of tennet’s landmark 2 gigawatt (2gw) programme, comprising several high-voltage direct current (hvdc) offshore grid connection systems, each with a transmission capacity of 2 gigawatts.
in an initial announcement earlier this year, petrofac and hitachi energy reported the award of the six-project framework agreement. under this landmark agreement, petrofac will undertake the engineering, procurement, construction, and installation (epci) of offshore platforms and elements of the onshore converter stations while hitachi energy will supply its hvdc converter stations, which convert ac to dc power offshore and dc to ac onshore.
since the initial announcement, petrofac’s and hitachi energy’s teams have collaborated closely on the preparatory works, reserving production capacity for multiple platforms and hvdc technology, and initiating the detailed design process for the first platform, the ijmuiden ver alpha.
further to the group’s market update on 4 december, today’s announcement coincides with confirmation that petrofac has secured the performance guarantee required for the ijmuiden ver alpha contract. the group remains in active discussion with credit providers and its clients to secure the guarantees required for other new contracts in its portfolio.
additional projects within the tennet’s 2gw programme are expected to be awarded at approximately six-month intervals. these are the grid c
It is not bs that someone is buying. Get a grip please your posts are getting worse KPA.
On the other hand - why did you save your buys for today?
Potentially very clever as we are appoaching face-the-reality-moment for all of us.
Will be nice to get the RNS to see what progress is going on in the company. Best of luck to all, Cheap
Looks like CMC done incredibly well recently. IG revenue down but CMC up. Looks like they have grabbed market share but also as a small operator are much better placed to outperform. Seems IG has ran into difficulty. Cmc on the other hand just turning a corner..
pc has ****z himself
Jo butt-plug
Petrofac is not carllion you azsholee
I think Marshall Wace has gone long
They looking for Fxxxx the other players
It doesn't make any sense to short a stock near zero
Lesson learned for you
Sell high buy low
Ever heard of that?
Maybe next time
PAUL CURTIS BURYING HIS HEAD IN THE SAND
ONE SHORT CLOSED. ARE YOU DEAF OR STUPID?
STOP REPEATING INCORRECT INFORMATION. THANK YOU
SORRY FOR THE CAPS!
From Petrofac website yesterday:
We are deploying our growing expertise in delivering carbon capture projects to support leading building material supplier Aggregate Industries UK in reaching its target of achieving net zero carbon dioxide (CO2) emissions before 2050.
"We’re looking forward to working with Aggregate Industries UK in finding a way to reduce the carbon footprint of its cement products. Cement manufacturing is a major source of global CO2 emissions, accounting for approximately 7% of emissions annually - implementing ways to abate them will be central to achieving net zero goals."
https://www.petrofac.com/media/news/engineering-the-solution-for-hard-to-abate-sectors/
It's OMINOUS for the shorts that the GAP acutally didn't close.
It bounced off 23.36p - the gap was not closed.
To use Paul favovite english word - that is ominous for the shorts.
They'll get burned. OMINOUS OMINOUS OMINOUS.
There is an Oxford dictionary if you like to learn any more English?
There are other post words you could also use but someone your vocabulary is limited.
Not much different from doggy-boys "It's over".
It's not over - it's only the biggining of pains for the shorts and gains for the holders.
Paul Curtis Lying again
Marshall Wace has closed and left
So you statement that none are closing is not just incorrect it's purposely misleading. You are a total scumbaggg
P you conveniently ignore the RNS on the 20th which stated guarantees in place for first Tennet contract and the adnoc contract. Please be more accurate. This means the RFC can be extended circumstances have improved. You like to ignore this information for your convenience?
Paul you been sleasy and wrong
Keep your stupid bonds and stick them
Short face LOSSES accept it
I know it's hard
If you analyse the situation here, it appears that.
Shorts for entangled with herd-mentality and greed.
The shorts with serious risk management have left whilst risk-fond betting houses remained due to greed and lack of oversight.
I was thinking more like 200p - 270p.
But I may be overtly optimistic on that target
Mary you here as well?
Seems quite undervalued here too so I'm here as well
Altough I don't post here.
Hedges do not always work.
It appears you insist on believing that shorts cannot lose money.
I leave you to your belief then. Such a belief, like you say, "defies all credibility".
It is like a religion. But I'll leave you to worship your mantra if you so wish.
Best of luck
Paul you live in a fantasy world
The shorts cannot fully hedge such a big gamble
Effectively you are saying that if the share price goes down the shorts make a profit. Then you say that even if the share price goes up they fine because they have hedged.
That's the most ridiculous waffle I've ever heard .
In that situation, do you actually realise that if there is a hedge, the shorts would lose money on the hedge if the share price goes down - this nullifying the short itself.
Also if the share price jumped to 60p on Monday, the would lose huge amounts of money, it is not credible to say that they are long as much as they are short. In that situation they would not make any money with any share price move up or down. That's not a realistic view. That's a Peter pan fantasy world of yours where shorts cannot lose money. How about wake up to the real world. All you need to do is Google "shorts lose billions" - you will find multiples of stories of huge losses. Any hedges they might have would be limited in nature and will not compensate for the losses. So have a little reality check Paul the Peter Pan.
So a negative view has a 6p upside?
Price target 20p?
Haha. That's disingenuous
The upside for longs and holders is 500% or more.
The risk/reward profile is heavily scewed to long-side.
That's obvious.
Sorry Paul but you are so out of touch.
You said "the big shooters have hedged"
I will inform you that big shorters have LEFT.
You can't even get the basics right.
We only have small bet houses left like Helikon and White box etc.
The big boy - Marshall Wace has left.
You are stating incorrect information
That's poor. Please educate yourself before posting such tribe