Member Info for ChirpyCheep

Should hear news of their tie up with Pelican very soon.

https://marchgl.com/news/

It's hard to understand ; a $200 notional value of 70% of JL gives 80M's value at £60m 6x MC

https://www.investopedia.com/ask/answers/050615/what-difference-between-notional-value-and-market-value.asp

Anybody care to explain why Pelican have used this value ?

Sorry malfunction....blaming government policy. I am with you JL over GS.

BA, agree with your sentiments entirely .The main caveat though is various governments will have to increase financial support to meet their mandates. As Rach has pointed out a few companies have vacated the space in the UK usually

Sorry thought it was obvious.

My point is that the last RNS SPECIFICALLY made the point that GS had a client who was looking to replace Palm Oil in their biofuel make up on the grounds of cost and green credentials.

If Willie Walsh is questionning Palm Oil's green credentials it, to me, verifies the veracity of that RNS.

And if an industry leading figure is questionning Palm Oils credentials doesn't it also back up the point made in the RNS in that the deal with Technoparco could be replicated ?

Personally can't quite get my head around GS/HV, as Rach no doubt will tell me I don't know much about Green Fuels.!

However, this article seems very relevant because it's specifically related to the last RNS and comes for an industry heavyweight.Willie Walsh was the boss of BA.

Have they just hit on something with Palm Oil ?

https://ftnnews.com/travel-news/aviation/iata-chief-talks-about-tariff-uncertainties-eus-sustainable-aviation-fuel-and-low-cost-carrier-model/

ETM on ask MC £40M............. and they are in a legal dispute with the Greenland authorities.

Do NOT have an exploitation license for a project smaller than JL.

AMRQ- MC £338M

CRML MC $ 418

80M MC £10M

An embarrassment for the management of 80M agreed but who can doubt the potential

Agreed, but Greenland becomes more attractive because there is less low hanging fruit elsewhere in the world.

It is worth pointing out that that policy is not drafted into legislagion; could easily and quickly change.

Correct

I'm lost on this one.

That text applies entirely to JL.

It says they are valuing GEL at £215m

JL was bought a year ago is for less than $3m !

Ashton

This is my point

https://www.uhy-uk.com/insights/aim-shrinks-61-companies-202425-companies-left-aim-lowest-level-2001

Listing Disko will be like opening a pub; possible but it's against the tide.

As BA points out not many options.

I also agree with BA about the new appointment, GS related- coincidences don't exist!

Ashton, personally disagree with two.

You wouldn't need a new appointment to do a share consolidation.

Re Disko, as Rach repeatedly points out Disko needs a lot of capital and I haven't seen any posts to disagree with her. So a listing would make sense but how many new mining projects have come to market recently ?, close to zero.Disko , to me, simply does not have the market traction to overcome the regulatory and cost hurdles .Hope I am wrong.

Rach, can't see that personally.

Every penny spent on Disko indirectly dilutes JL and GS.

Most likely for acquisitions ?

As Rach has pointed out no doubt it will be an expensive operation .Alba have just bought a new project and there seems a few new projects cropping us. However to me the only way around increased costs as you can't control price is scale and JL has this.

Jimbolina, not sure I agree with you on that one.

Tax is almost an irrelevance, 80M are a long way from that and one shuldn't be letting the tax tail wag the investment dog.

The Rach brigade will point to a large increase in the number of shares since RM has been back, and that is a very valid point

However, just one tenth of one per cent contained value of JL is many multiples of the current MC.

Management will therefore argue that there are 4billion shares is almost an irrelevance; it it was 40 billion the potential is huge.

Thanks Ashton, PhD at London in Petrophysics so he's no mug- no match for Rach though!

Jimbolina , good post thank you.

Greenland Oil and Gas is previous name of White Flame.

Nicks, thanks for those numbers It just doesn't make sense though why HV have just basically given away 25% of their company to 80M for very little against this backdrop ? You can look at the share price to suggest many people dont believe it.