Member Info for Danielm89

#PANR

Debt (CLN $30m)

£250m mcap

#88E

Debt free

£50m mcap

@88EnergyLtd also have onshore Namibia to go at once JV is secured, growing interest in the Permian Basin that is steadily growing in production & prospective resource estimate for Upper Schrader Bluff (USB) H1 2024

Poor Scott also doesn’t fully understand CLN death spiral finance

88e debt free, multiple assets and funded to flow

Gla

Finding Leonis a little dark horse

Leonis

1. Project Leonis will see an independent, Certified Resource Estimate completed before commencing a formal farm-out program in 1H24

2. We are very pleased to have already received in-bound farm-in interest for Project Leonis from multiple parties

“Due diligence is ongoing with these respected, large oil and gas parties”

🤔

88E news flow:

Phoenix

1. Flow testing:

Basin Floor Fan (BFF)

“250 million barrels of oil equivalent from the deepest reservoir”

Slope Fan System (SFS)

“The Upper SFS had the best oil shows across all reservoirs intersected in the Hickory-1 well and recently completed mapping of the Upper SFS demonstrated a reservoir zone that is more laterally extensive than previously considered”

Shelf Margin Delta (SMD)

“shallower and less thermally mature (more oil prone)”

2. the flow test program is fully funded and operations will commence in February 2024

Leonis

1. Project Leonis will see an independent, Certified Resource Estimate completed before commencing a formal farm-out program in 1H24

2. We are very pleased to have already received in-bound farm-in interest for Project Leonis from multiple parties

“Due diligence is ongoing with these respected, large oil and gas parties”

Namibia

1. PEL 93 benefits from existing infrastructure situated around the Owambo Basin, enabling a clear pathway for future potential commercialisation

2. 200 line-kilometres of low-impact 2D seismic. This will enable validation of ten significant structural closures in a well-defined sedimentary basin with proven oil charge, reservoirs, and seals.

Longhorn

1. Bighorn has approved 5 workovers to be completed in 1H 2024 and upon successful execution are expected to increase production to 180 - 220 BOE gross per day (~75% oil).

· Once the workovers are completed, Bighorn will consider for approval the 2 new production wells, as previously announced, in 2H 2024, which are expected to increase production by an additional 160-200 BOE gross per day (~75% oil).

2. additional production to enhance our current output of 370 BOE per day

Https://x.com/theunsophistic2/status/1758855934909038950?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Https://x.com/theunsophistic2/status/1748063865961677069?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Pfizer 🤔

Enters cannabis market, sets up shop in Greece then is awarded honorary doctorate by our university JV

Large pharmaceutical 😉

Https://businessofcannabis.com/pfizer-medical-cannabis-market-acquisition/

https://greekreporter.com/2021/10/12/pfizer-investment-thessaloniki-historic-moment-greece/

https://greekcitytimes.com/2023/05/18/pfizer-head-bourla-awarded-an-honorary-doctorate-by-patras-university/

“Responding to a Parliamentary question, Mr Philp said that up to 19 September this year, the UK had imported 23,890 KG of cannabis (in base drug form). This is more than triple the 7,762 KG of cannabis that was imported in 2022.“

“Hellenic Dynamics is capable of producing over 54,000 kg of dried flowers per annum”

HELD can grow 2x the amount of cannabis imported into the uk 🤔

The cultivation is for the Greek government JV to secure IP protection

Very exciting stuff, basically if a certain strain is protected then only HELD can be used to supply

There’s also a heavy Pfizer link I’ll post in the morning

Could be 😉 reads like that

Business update this week or next too

Just noticed this

The firm added that the credit facilities would provide export factoring for working capital, letters of guarantee for the advanced payment of Greek domestic grants for which Hellenic has already applied

Now read it again

“Advanced payment of Greek grants”

👀😉

I listed news expected a few days ago… todays news was left field, but Greeces biggest bank backing HELD 😉

Greece seeing the biggest boom in Europe currently and eu cannabis also starting a bull run

5m mcap 🤣🤣🤣

Can’t make it up that people are deramping this low

Https://www.cnbc.com/amp/2023/05/24/greek-stocks-have-soared-as-it-shakes-off-problem-child-of-europe-tag.html

😉

Pure speculation 😉

But they definitely maybe nearly out… with their 2-3m remaining 👀😏

Seller only has 2-3m left I think 🤔😉

👀

2. Grants for medical cannabis processing facility

Up to 75%* aid intensity for the investments in vertical facilities for the cultivation and processing of medical cannabis in Greece.

Maximum amount of aid: € 5,000,000.

Costs that can be subsidized

Greenhouse Construction costs

Greenhouse equipment (eg trimmer machines, greenhouse lighting, mechanical equipment, ventilation systems, CCTV monitoring, etc.)

Net Metering Systems

Specialized software

Landscaping of the greenhouse area and the building

Construction cost of the industrial unit building

Cost of the electromechanical installations of the building

Mechanical equipment (eg flower drying machines, oil extraction machines, pill making machines, packaging machines, CCTV monitoring, etc.)

Type of aid:

Grant

Subsidy

Tax exemption

Wage Subsidy

Leasing Subsidy

* The maximum percentage varies depending on the Region where the investment will be implemented and the size of the company, as defined by the EU.

I don’t see that being the current case, Greece is one of only a few countries that can grow high THC cannabis. The ecosystem is also perfect, along with 100% renewable energy.

The have a JV in the form of the Greek government and an mou in place. IP protection is very exciting.

4-5m mcap is simply ridiculous.. especially when comparing peers

This one POD that is already ready to roll will churn out 1 1/2 times the mcap … with

“Hellenic would have a total production of 4,800 kg per annum and all devoid of any cost of sales.”

Just read that again

“Devoid of any cost of sales”

😏

Also worth going back, this mou is yet to be executed. Wonder how many PODS at 1,200kg demecan will be taking on 🧐 and the figures involved… €5 per gram x 1000 x 1200 = €6m per year, per POD

With 43 PODs available 😉

Under the MoU, Hellenic Dynamics will grow and supply medical cannabis flowers from Demecan provided cultivars in an indoor cultivation area of 1,000 square meters capable of producing circa 1,200 kg of medical cannabis flowers per annum under Good Agricultural and Collection Practice ("GACP"). Demecan will then process the delivered flowers in its own EU-GMP facilities for onward sale to the German market. It is anticipated that the binding agreement with Demecan will be in place in line with Hellenic Dynamics' cultivation strategy, as per the Company's previous announcement.