Member Info for doyle172

News coming this week imo. Platypus potential at test 47 million cubic ft per day. Could be more with re worked plan. At current gas prices it’s a stunning asset.

We know Parkmead likely to be operator. Cal maybe provide more funding. Progress as a team. Deal been worked imo. Intrigued by our relationship going forward with Cal. Especially with Skerryvore and Serica. Fingers crossed for Platypus news this week and I hope the team make a big deal of any news to announce plans going forward.

Gas prices set to go higher. https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Deficit-Causes-Prices-To-Soar.html
PMG superbly positioned to rise this next cycle. Despite holding 3 years I am happy that Timing is now right. Should be a good week!

Great opportunity still to take positions here. Cash in bank will be increasing dramatically at these Dutch TTF prices. Platypus update soon. https://uk.tradingview.com/symbols/NYMEX-TTF1%21/

‘Benefitting from high gas prices’. From last RNS. https://uk.tradingview.com/symbols/NYMEX-TTF1%21/
Value here gets better and better. Great risk / reward. Downside covered and upside increasing

Remember platypus test flowed at 27 million cubic ft of gas per day or 6000 boepd. Actual expected flow rates were expected to be twice that or 47 million cubic ft per day minimum. I’m expecting 12000 boepd and more as tech has advanced very quickly. Update due. Parkmead as operator

This week imo. Add ‘substantial value’ Looking forward to hearing plans. Already well developed.

We need to increase North Sea gas production. It’s clear that we need energy independence. Can’t wait to hear details on Platypus. Hopefully next week. https://www.telegraph.co.uk/business/2021/07/21/putins-gas-showdown-europe-risks-epic-winter-fuel-crisis/

Will be interesting to hear plans from PMG and Buffett’s Cal Energy ‘gas hungry’ and cashed up. Dream team.

Tested at steady flow of 6000 boepd. Could double that easily with latest tech. In the dream world also host Windfarm at Platypus and gas to wire.

I was having a look at the Scotwind license map to see if there is acreage near the hub and Platypus. It would fit totally with TC green ambitions but has attracted all the majors so I dont hold up to much hope. Would be a coup if he had applied and got something and is not outside of the realms of possibility given his role in Scotlands Net Zero 2045 action group. Maybe his connections will pay off. Applications closed on Friday. On the plus side our cash balances must be increasing at a rapid rate given TTF prices. This looks more like a bargain everyday. Seems like all stocks falling atm. Combination of fear / Government Failure and Summer Doldrums. Horrible but wont last for ever. Chart / technicals still looks bullish to me. Fundamentals incredibly strong

I was having a look at the Scotwind license map to see if there is acreage near the hub and Platypus. It would fit totally with TC green ambitions but has attracted all the majors so I dont hold up to much hope. Would be a coup if he had applied and got something and is not outside of the realms of possibility given his role in Scotlands Net Zero 2045 action group. Maybe his connections will pay off. Applications closed on Friday. On the plus side our cash balances must be increasing at a rapid rate given TTF prices. This looks more like a bargain everyday. Seems like all stocks falling atm. Combination of fear / Government Failure and Summer Doldrums. Horrible but wont last for ever. Chart / technicals still looks bullish to me. Fundamentals incredibly strong

Dutch TTF doesn’t care about this market slowdown. PMG just providing a few more opportunities for some to grab bargain priced shares before the next uptick. https://www.tradingview.com/symbols/NYMEX-TTF1%21/

I am not saying that Kistos is overvalued. It is a great company with good prospects. But how on earth is it at 3xPMG mcap with fewer assets and nearly £90mil of debt. Parkmead is at a woeful valuation to its peers. Market has to realise sooner or later. It would be nice to see the SP significantly higher before any important news. Needs a PR exercise / update from the company.

More deals 'in its sights'. Gas focus seems like a sensible one given current prices and supply squeeze in future years. https://www.tradingview.com/symbols/NYMEX-TTF1%21/ Now entering a period of strong newsflow imo. maybe starting with Platypus or news on renewables and the wind farm. Well capitalised to take opportunities. No silly or rushed decisions here. A clear strategy to build what will be a mid tier energy company. £25 mill in bank, producing Dutch gas assets and land valued at £5 million give or take. And the mcap is £58 million! FinCapp have the risked NAV at 3 times this. De Risked at 30 times this. Risk / Reward compelling. Conviction hold for me. Just needs sentiment to return. Look at Kistos for an idea of what sentiment can do.

Look at Dutch TTF go again. https://www.tradingview.com/symbols/NYMEX-TTF1%21/
TC been looking for European gas acquisitions. Strategically he gets things right. Parkmead way undervalued to peers. Just doesn’t make sense

Good to see increase in exposure to Dutch Gas. Supply crunch Inbound https://amp.theguardian.com/business/2021/jul/01/gas-supply-crunch-stirs-fears-of-winter-price-hike-in-uk-and-europe?__twitter_impression=true

As an investment this de risks even further. R/r very strong with potential huge upside. Hoping for more news flow next week. Wouldn’t want to be out!! Have a great weekend

Just shows how undervalued Parkmead is if Orcadian manage to get their raise away at £25.5 mill mcap. Parkmead - bargain basement atm but not for long.

The Hub is growing in size. TC has been working on it for years. Will be very interesting to see how it plays out. Massive project.