Member Info for dai2belts

I seen an article by the fool saying the recent rise to 7p was triggered by carbon credits, so took a quick look,
Maybe its been taking off, maybe the fool is a year out, just waffling...
Worth some looking into, how much income WBI have from carbon credits, worth checking their financials...
Its AIM if there is good growth in their CC revenue, it might drive speculation, after all its extra income while the forest grows,

CCS watch the forest grow ;)
https://www.youtube.com/watch?v=MqjITYuzdus

The EU is also planning a short-term boost for coal ???

recent weakness in the energy sector is obfuscating some very important structural issues. Such is the tightness in global energy markets and we believe the outlook is becoming increasingly constructive,

The Eurozone member states have committed to a 15% reduction in gas demand,

https://www.director stalkin te rviews.com/blackrock-beris-mark-hume-on-the-future-of-the-energy-market/4121088292

One Year BERIvs Brent
https://g.co/finance/BERI:LON?window=1Y&comparison=NYMEX%3ABZW00
5 year
https://g.co/finance/BERI:LON?window=5Y&comparison=NYMEX%3ABZW00

recent weakness in the energy sector is obfuscating some very important structural issues. Such is the tightness in global energy markets and we believe the outlook is becoming increasingly constructive,

https://www.***************************/blackrock-beris-mark-hume-on-the-future-of-the-energy-market/4121088292

Best get some beer for my reading, some gold choco coins and sieve & pan :)
So much to link, so 100% gains for EOG/i3e on the energy cycle, 300-400% for the frackers who are now falling back rapidly..
And AIM outperform Beri
https://g.co/finance/EDR:LON?window=1Y&comparison=LON%3ABERI%2CLON%3AI3E

Carbon Credits Wbi
March 21
https://www.lse.co.uk/rns/WBI/new-reforestation-and-carbon-credit-division-guwv3i3mybu0xnb.html

Thats Feb 2022...

Tro mention keeping track of cycles, news

Look at Igas EDR, compared with EOG I3e..

https://g.co/finance/EDR:LON?window=1Y&comparison=LON%3AIGAS%2CLON%3AEOG%2CLON%3AI3E

Any ideas, I am thinking fracking, which started being pushed for in Feb 2020, then finally announced by Lizz Truss

Makes you think about those carbon credits, after reading that article on how they work..
But those redesignation of non voting rights ???

@No1, That raise does,nt mention well development, but how far down the line would that be I wonder with the current tax incentives...

Mmm at 3p, your paying a good wack of Pensacola's unrisked 6p, and how many years to production if commercial?
If you added Selene, then a combined risked 10p, unrisked 16p.. but thats some time off..
It took from march 21 investment decision until now to drill Pensacola, Selene was announced in june 2022, so maybe end of next year....

I dont know how you value a company with just a portfolio, besides the house brokers biased valuation, I guess it will be down to their selection and success rate which is about to be tested.. :)
I used EOGs house brokers valuation of 2p when jumping in, now closer to 1p :(

@No1, Maybe no raise...
£15million in order
1. to fund its share of the Selene well
1.a including contingency mandated by the Company's regulator, the NSTA,

2. fund further investment in Deltic's existing licence portfolio, enable further investment in the UK's upcoming 33rd Offshore Licensing Round, and fund transaction costs,

3. working capital and general corporate costs through to mid-2024.

Maybe worth a read
https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2022/04/20220427-Allenby-Capital-Deltic-Energy-plc-DELT.L-Finals.pdf

But I expect a silent drill, no news, unless shell provide up dates, ??

@No1, Mmm, maybe those guy have got the price back to 3p, hoping for a return to 4p, so 25%..A bit like Eco 30-40p during the drill..
And that drop between the placing and the shares admission to AIM, was almost unbelievable, then the recovery in just a few days after listing... makes you think ???

Are they funded for the development of Pensacola?
If not I assume there will be another raise, for the new off-shore round and especially Pensacola..

If there is some FOMO early during the drill, and 4p is achieved with plenty of time remaining it could be an opportunity to raise, as it could allow time for the price to recover and the II to take their profit..
If they are not out before TD, Pensacola-2, 20 flipper to the right.. scratch the sand and shout pinchout lol
But ECO has produced no news either

So maybe if ECO is bucking the trend so will DELT????

adme, not sure about vol, maybe ticked up on spread, 18%

Eco, is bucking the spud trend....
Either some manipulation or speculation on a discovery..

https://g.co/finance/ECO:LON?window=5D

Original both DELT and ECO were similar, confusing me as one was topping at 3.5p the other 35p.
Both long drills, unlike EOG
Both drilling dinosaur droppings known to produce oil/gas, from the same pat that stretches between the shores of different countries.. DELTs pat produces near the Netherlands and Poland, so tje UK edge about to be tested..
87 days drill..

https://g.co/finance/ECO:LON?window=1M&comparison=LON%3ADELT

MATD, that ticks up slowly over time, dropped to 2p drifted up to 3p back to 2p
They have a discovery they cant produce because of protests/access issues..

https://g.co/finance/MATD:LON?window=6M

Could be another riser next as the 2023 drilling season approaches, but sure it needed a loan end of.beginning of the year, so may need more money...
They also did a raise at a big discount maybe 2021 in prep for 2022s developement well..

https://g.co/finance/MATD:LON?window=5Y

Void, I have something to tell you, its a secret though, oh well..nobody look. please..
I think that back up rig could be a "negative reality inversion", it happens you know..
https://www.youtube.com/watch?v=i_Fot5pIYUE

Alfred12, just wondering if your still looking in ?
Took your tip today, so now a gold prospector...

What should take a few month, to off load the 500m shares..
Do you think many LTH are selling today, if I was selling I would wait for the bounce..

Admission 2 November 2022, at almost 200m trades I suspect MM filling the order in advance, at an agreed level.
Maybe our MM is the guy that brokered the deal, forgot the proper name for such insitutes

28/10/2022 0.126 0.194 0.199 0.120 192.66M -33.68%
27/10/2022 0.190 0.170 0.205 0.163 51.09M +11.76%
26/10/2022 0.170 0.145 0.178 0.138 45.05M +17.24%

300m to go..
Steady price all day..
So bought a few 0.126p, cant do 4 decimal places...
Just 1m...
When I buy small I win, when I buy big I lose..

I take it you got in about 0.14/5p..
These increases, opportunity to raise or manipulation before?
Can they really get a raise done that quick, but being only £600k maybe so...
Will it go lower tomorrow,
lots of cancelled trades, that look like sells???