Member Info for DSFLAT

Next Bitcoin Halving
The next Bitcoin halving is scheduled to take place at block 840,000 which is predicted to be on Mar 28, 2024 07:32:25 AM UTC.

At the Bitcoin halving 2024, the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.

https://www.coinwarz.com/mining/bitcoin/halving

This has to be the biggest threat to the existance of BTC miners...

I don't think it's hard to see a few big orders announced from the enquiry/quote book, a big named investor coming onboard and the sp really taking off in the next few months...

Oil rig and wind farm contracts :-)

If GENI also get a US listing this could really explode....

Lots to like about this company

The closer you look the better this share gets and you don't have to look too closely...

Plenty of cash, enormous potential and most likely a US takeover target a little further down the line.

It's very quiet on here most likely because people are trying to buy in.

Bought some earlier and will park them away for the big gains ;-)

This year is set to be one of the busiest for offshore wind developers and governments around the world as a multitude of new sites are scheduled to be awarded for offshore wind farm construction.

https://www.offshorewind.biz/2023/01/02/five-offshore-wind-auctions-coming-up-in-2023/

Ireland
The Irish government recently approved terms and conditions for the country’s first auction to supply electricity from offshore wind under the Renewable Electricity Support Scheme (ORESS 1).

The pre-qualification stage was scheduled to launch in December 2022, while the qualification stage and the auction process are planned to take place in the first half of 2023, with final results expected to be published by June.

Why it is significant: Ireland, which currently has 25 MW of operating offshore wind capacity via its only offshore wind farm (Arklow Bank), plans to procure up to 2.5 GW of capacity under ORESS 1, more than a third of its recently increased target of 7 GW by 2030. The Irish government has spent the past couple of years improving rules and regulation to streamline the permitting process and speed up offshore wind development.

It's important to understand that when the next halfling happens (ETA May 2024) the price may go down as it did in 2020...

As pointed out by Pomps girlfriend 'is it supposed to go down' ;-) and 'the economics just got real difficult for a lot of people' from the other guest.

Thanks to JewTube you can relive that time in history:
Pomp Livestream: The Bitcoin Halving Presented by Gemini & BlockFi
99,761 views Streamed live on May 11, 2020
https://youtu.be/d2lWczBym3s

My point being that there is no guarantee Bitcoin price will rise even when BTC rewards are cut by 50% for miners which many seem to simply ignore.

Happy New Year :-)

Mike's Galaxy looks likely to slowly digest the rest of Argo over the next few years (not Canada ops due to Justin Castro NWO taxation and then clampdown on BTC miners)

I wonder if Mike will get an Argo Tattoo like he did with Luna?

I actually stayed up for the last BTC halfling and f all happened (apart from miners earning 50% less BTC)

The whole BTC mining space is balanced on a knife edge (imo)

Perfect NYE hangover research (not too much reading required ;)

VGraphs
112,076 views Jul 17, 2022
What are the Countries that Generate the Most Wind Power in the World?
Source: bp Statistical Review of World Energy June 2022.
https://youtu.be/UO0TURFy4Eg

Obviously a lot of land wind farms producing in this visualisation but as someone once said 'they aren't making anymore land' :-)

I'm heading for chat board dominance (usually gets me deleted or banned;)

Interesting to see wind power growth across the world visualised tho

Interesting that Jackdaw Gas Project was mentioned in the Tekmar H1 2022 results (Adjacent offshore markets remain an important part of Tekmar’s strategy.)

September 23, 2022, by Nadja Skopljak
Shell has awarded TechnipFMC with an engineering, procurement, construction and installation (EPCI) contract for the Jackdaw development offshore the UK.
https://www.offshore-energy.biz/technipfmc-wins-epci-contract-for-shells-north-sea-gas-project/

The contract covers pipelay for a 30-kilometer tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as the delivery of an associated riser, spool pieces, subsea structures, and umbilical's.

According to TechnipFMC, the tieback will use pipe-in-pipe technology, which is designed for high-pressure, high-temperature use.

The company described the contract as “significant”, meaning it is between $75 million and $250 million.

I find this company a bit of an enigma, it's enquiry book is impressive, it's revenue it not insignificant, it's skill set, industry knowledge and working partners are impressive and yet it struggles to make profit and the MCAP/ Sale Board show that to be the case...

IMO they just need some old and large enquiry book quotes to come in now the energy market has changed thanks in part to Russia and things could resume to historical highs...Perhaps this is where the strategic investor will help?

but wtfdik

TechnipFMC PLC is an interesting customer...

From most recent company-related news, it is worth noting that in September TechnipFMC won an engineering, procurement, construction and installation (EPCI) contract for TotalEnergies’ Lapa North East field in the pre-salt Santos Basin offshore Brazil.

Under the “significant” contract, TechnipFMC will reconfigure and install umbilicals and flexible pipe in a new configuration set to further secure the production of the field.

The company also secured an EPCI contract with Shell last month, for the Jackdaw development offshore the UK. The tieback will use pipe-in-pipe technology.

https://www.offshore-energy.biz/subsea-innovation-backs-technipfmc-in-gulf-of-mexico/

I know some investors will be thinking oh god another newbie surfing around finding stuff we already know but hey how it's quiet on here as sebo10 pointed out so I might as well keep posting ;-)

Tweeted on 12th Oct
'Subsea Innovation has completed the design, build and delivery of twenty-nine Pipe-in-Pipe (PIP) Waterstops to TechnipFMC for a subsea development project in the Gulf of Mexico.'

TechnipFMC PLC are massive £5.5B MCAP...

Looked a little deeper into the Pipe-in-Pipe (PIP) Waterstops and Tekmar/ Subsea Innovation have partnered with Brisktrade, presumably just for distribution but having product RTG for Oil & Gas industry can only be a good thing.

'We at Brisktrade offshore in partnership with Subsea innovation are more than glad to announce to you the addition of “Pipe-In-Pipe PIP Waterstops” to our services catalog

Market leader in Pipe-in-pipe waterstops, over 1800 waterstops has been delivered worldwide. Pipe-in-pipe PIP Waterstop is the next generation designed for seam welded pipelines. It is proven for pressures up to 400 bar g.'

https://brisktradeng.net/

Chaebol
'With people like bitcoinedds/la/baker boys around I really do fear for the future of our planet.
Things like intelligence used to matter in this life, im really not so sure anymore.'

Planet ? hmmmm ;-) lol

Good luck next year chaps however you choose to invest

I read the 17 Nov RNS in a different way sebo10. I read it as we have a few proposals on the table and the one that does not require delisting from AIM and represents a strong partner going forward is for several million pounds by way of new share issuance at around 9p per share. (if DD of company assets, contracts in motion and the enquiry book stack up)

Barclays banking funds were already in place to July 2023 and taking on a large loan would put additional pressure on margins going forward whereas the participation of a global institutional investor, perhaps a big name within the industry that would immediately add weight and value to the companies enquiry book, outlook and share price would be the preferred option.

So I'm expecting dilution but into a global institutional investor looking to bring value, build relationships and increase shareholder value long term.

Of course the company could see new offers come in given the DEME/ Dogger Bank recent news and the industry push to bring new projects to fruition much faster to meet de-carbon targets etc.

That's just my thunking and I could be completely wrong...

The Godfather of Wind's New Floating Revolution
Bloomberg
236,524 views Nov 30, 2021
Earth's electricity needs could be met 11 times over if we filled our oceans with wind turbines. The problem is they're too expensive to build in deep water. Could floating technology change that?
https://youtu.be/jUVoWxvvJ5Y

Interesting look at floating wind farm potential and a good follow up to my earth winds visualised.

On a separate note DEME have been feeding TGP contracts and DEME are winning wind farm contracts across the world, setting up DEME US and an offsore wind JV in Japan....

DEME floated this year (no pun intended;) and given it's expansion into the offshore wind market could make the ideal investor/partner for Tekmar whilst growing their company reach in the sector.

Worth looking at DEME offshore wind news (imo):

https://www.offshorewind.biz/?s=DEME

Anyone aware of my posts on lse will know I like to bring a little flat earth into my posts so I thought I'd share the potential for Offshore Wind visualised via the Azimuthal (flat earth) projection set at height circa 100m which is perfect for offshore wind turbines (Globers can adjust settings accordingly ;)

Data curtesy of NOAA, US National Weather Service: https://bobwinds.com/

Healthy pullback imo....

Lets see what the new year brings

ATB

In its forecast, DNV says that offshore wind shows a 13 per cent average annual growth from 2020 to 2050, and will account for 25 per cent of the total grid-connected wind capacity.

https://www.offshorewind.biz/2022/10/13/offshore-wind-could-grow-56-fold-by-2050-contribute-to-green-hydrogen-production/

Pls note this is not me giving advice but me simply posting an article others may find of interst ;-)

Good question pumpky,

I've never seen so many trading RNS's on any share like those reported here...?

I thought you had decided not to invest pumpky :-)

The Offshore Wind business is about to boom. Tekmar should benefit as a result

Presumably the offers of investment they received recognise this and see better times ahead.

Following a review of the proposals received, a preferred partner has been granted a 60 day-period of exclusivity to carry out further due diligence and finalise its proposal. The exclusivity period relates only to alternate debt or equity financing proposals and, for the avoidance of doubt, does not prevent an offer being made for the Company by a third party under the framework of the Company's formal sale process.