Member Info for Dixie33

Out now - Dividend 13.4p

Says all we need to know a this point really.....

Ferrexpo PLC - Swiss-headquartered, Ukraine-focused iron ore exporter - Resumes production in central Ukraine, following a temporary suspension announced October 11 due to Russian missile strikes on state-owned electrical infrastructure. Says repair work has progressed to allow for partial resumption of production, although supply of power remains variable.

Ferrexpo is focused on drawing down on its stockpiles of finished iron ore products to maintain supplies to its customers. It says it has been able to use these stockpiles to ensure a consistent supply to customers since the event, and has sufficient stockpiles to meet demand.

Thank you everyone...

I don't have twitter, could someone please post the actual link to the interview - thank you

What's happening a lunchtime?

I calculate that my tax was 35% is this correct? I thought it was 20%?

Hi Livestock, where do you pick this info up from?

Someone is shedding millions of shares and has been for days now….

Graham Lyon, Sound Energy's Executive Chairman, commented:
"Today's announcement confirms the support Sound Energy has with local financiers to undertake the Tendrara pipeline project development. Attijariwafa bank is a leading bank in Morocco and has provided Sound Energy with a compelling case to seek to provide the majority of Project Finance for the development. The Company is also progressing potential vendor financing, secondary subordinated debt and partial asset disposal options to fulfil the remaining element of Project financing required to achieve year end FID. This mandate is a significant step towards reaching Final Investment Decision unlocking further the value of Tendrara Concession to Sound Energy shareholders, that can aid the provision of economical and secure gas supply for the local Moroccan power production and domestic markets. Domestic gas supply remains a highly credible energy source for Morocco amongst the difficult geopolitical situation of international energy supply".
The Company cautions that notwithstanding the entry of the Agreement and the award of exclusivity to the Arranger, there can at no certainty that Financing will be secured pursuant to the Agreement or as to the terms on which such financing is available.

Sound Energy, the transition energy company, is pleased to announce that it has entered into an Arrangement and Mandate letter with Attijariwafa bank of Morocco (the "Arranger") under which the Company has mandated the Arranger in relation to the arrangement of debt financing in relation to the development of Sound Energy's Tendrara Production Concession (the "Agreement").
Pursuant to the Agreement, the Arranger has been mandated, and provided with exclusivity by the Company for a period of eight months, to arrange a long-term senior debt facility with a term of no more than 12 years of up to 2.250 billion Moroccan dirhams (approximately US$250 million) for the partial financing of the currently estimated 3.000 billion Moroccan dirhams (approximately US$330 million) phase 2 development cost of the Tendrara Production Concession (the "Financing").
During the term of exclusivity, the parties will seek to negotiate binding terms for the Financing within 120 days of entry of the Agreement. The Agreement envisages that any Financing arranged pursuant to the Agreement may be provided directly and/or partially underwritten directly by the Arranger or by third parties.

New shares on LSE June 6th according to the RNS

The session is being recorded so I expect it to be posted on the website in due course

I got on okay

https://us02web.zoom.us/j/87055342580?pwd=TWxTd2crRVRrUHJaT1dKb3M3ZkIvZz09 Meeting

What was the cut off date for holding BHP shares to become eligible for Woodside shares please?

For those struggling to find the Q&A link on the website http://www.yoursoundenergy.com/app/auth/main

Sound Energy, the transition energy company, announces that it has published its latest updated corporate presentation which can be accessed on our corporate website.

The Company also announces its intention to hold a live investor Q&A session on 30 May for interested stakeholders.

Details of how to register for the Q&A session and a copy of the investor presentation can be found on the Company's website: https://www.soundenergyplc.com/

Sorry Eric, not sure what 3v3 means?

Anyone have L2 to see which way things are heading later this morning/today?

https://www.soundenergyplc.com/investors/video-and-audio-library/

Thank you for your enquiry and technical interest. I hope that this answers your question. The TE-10 mechanical stimulation was designed, planned and executed by an experienced crew of Schlumberger engineers from Algeria, drawing of specialist expertise within the Schlumberger global organisation and working alongside Sound Energy engineers and technicians. The Schlumberger HiWAY fracturing technique was indeed deployed in TE-10, the first use of this technology in Morocco. Wireline data acquired during the operations indicated that the mechanical stimulation was successful as stated in our RNS of 21 May 2019. Unfortunately, despite all our efforts, the well did not flow gas at commercial rates.

The other software mentioned was not required by the Schlumberger engineers for the TE-10 operational design, planning and execution.

WellWatcher Stim is a remote monitoring package applicable when an engineer is required to perhaps monitor the operations remotely. This is largely used in multi-well operations where an engineer or team is monitoring multiple wells off site. In the case of TE-10, the engineers were on site monitoring the stimulation although the data was streamed for analysis by Schlumberger technicians located at their technical centres.

ACTive DTS is a coiled tubing intervention using optical fiber-optic technology to collect continuous temperature profiles along the length of the well. This technology is more application to horizontal wells with multiple mechanical stimulation stations. TE-10 was a vertical well and we obtained the necessary temperature profiles with wireline.

Kinetix stimulation-to-production software is an ‘add-on’ to the Schlumberger Petrel software platform, which Sound Energy technicians and engineers currently use. Kinetix integrates geology, petrophysics, engineering, and geomechanical datasets to build a 3D simulation model of the fracture and requires a sufficiently large dataset from multiple wells for robust model calibration. The Hamra Field mentioned in the extract has multiple wells, TE-10 was a single well.