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The irony is the Factory at Billingham ( Teeside) was developed by ICI ( Imperial Chemical Industries) to produce, amongst other chemicals, Ammonium Nitrate a plant fertilizer. CO2 is a by product of Nitrate production. The factory was sold to Foreign competitors 10 or so years ago.

It seems APHA (Animal, Plant Health Agency, a Dept of Government) have warned Central Government the certainty of much lower crop yields next year, should Nitrates be restricted. This will ultimately threaten food supplies, in 2022/23, particularly Cereals including Barley which is used to produce Beer.

Trent,
Good news which hopefully will get the SP back to a realistic level.

TSSZ are you predicting an SP above 16p next Monday?

On the other Reuters topic, some Financial Commentators state the China Property issue "could" begin a Global property price reduction.

The problem is CO2 is used in a vast number of applications, adding fizz to bottled beer, cider, soft drinks etc. Many pubs have long since removed the Beer Engine and replaced with gas pressurised system to dispense draft.
This is an issue Daave could add his knowledge and experience.

Exploration as always thanks for the info, which should provide a signal Shell are gearing up to push ahead. No doubt the latest Gas market is influencing plans?

Exploration,

Thanks, I think we are on the same hymn sheet. Your knowledge is superior to my rather basic understanding of the Southern NS which is relatively shallow water. Your technical expertise on seabed bearing, puts the issue better than my simplified version.

Aware of cynicism, but do not forget Shell are driving this Juggernaut and will decide ultimately when and where to drill. My views of GS are well documented . I have been very patient so far, suggest others wait a little longer, for the rewards we all want.

Would appear an Investment Bank opinion ( Singers). Why are you knocking it given the analysis and projections stated?

Could it be samples were taken to establish the bearing capacity of the seabed which will safely support a production platform?

Following yesterday's results, can only be a strong buy signal. Excellent news to all SH's

Co-incidentally visited my relatively local pub last night, who have a very high reputation for food. Admittedly it was a Mid-week, but the Pub was virtually empty of drinkers by just after 9.00. we were the last clients left in the Restruant, checking out just before 9.30pm. Pre pandemic would use this pub/restrauant often, since lifting of lockdown not so much, and not during August as in a Tourist area.
Over the years had got to know many of the staff who seem to have disappeared, they are mostly local people and not the occasional summer job employees.
At check out I spoke to the manageress who stated since the end of summer visitors ( just over a week ago) restruarant covers have dropped significantly, and local patronage has not returned to pre-pandemic levels.
On the staffing front a number of waiters/waitresses, who I knew by name and had worked at the pub for years, have found alternative employment, they have rents to pay etc, and could not live with the uncertainty the hospitality industry currently provides.

This is not a Marston's Pub and is only a further record of my experience, which may or not be replicated in other areas..
Daave how does this equate with your on going experience?

Interesting to note Berenberg have given Carlsberg a double downgrade to " Sell".

Barchid, I tend to agree. Called at a well known Marstons Pub in the South West on sunday evening. The Restruant was roped off for around 10 tables ( full capacity is about 30) Could not get a meal. Asked the " manager" who stated only half the number of staff he would normally have, are on duty. Many Europeans have not returned.
This seems to be the story I have been hearing generally in the South West. Some Pubs/ Restruants are only opening limited hours. Maybe the North has a flush of workers?

Of course businesses must be run to benefit Shareholders and stakeholders. Landlords are an integral part of a well run/organised company and the image they display either promotes or demotes the Brand. One suspects Marstons want totally managed Houses and Landlords are an inconvenience. This is dangerous territory as Landlords have a vested interest to provide a good service whereas managed Houses rely on casual staff,( we are seeing the result many hospitality Co's are having to manage.

The Beldale Landlords were given 3 months notice and even though they recieved much support are about to vacate.

Leppington do you mean they have upped your rent, cost of beer supplied, a combination of both or some other cost that has been levied? Do they require access to your P&L?

The actions taken by Marstons does nothing but harm the company's image. Could the company be in desparation stakes? It seems very odd to evict tenants, and one suspects there are others, who have worked hard to build a customer base in a pub with Local interest. One can only guess Marstons want to build an estate that is uniform throughout it's portfolio. All very well but many customers like a pub with character.

Billy your calculations relate to revenue whereas the RNS referred specifically to output tonnage which may or not have a greater revenue stream per ton sold and or processed.
The RNS specified historic tonnage mined compared with projected mined tonnage. 3000 to 12000. i.e 4x or to be pedantic a 300% increase.

Check 300 to 1200 is 4x as stated in the RNS. You are fudging the figures by saying 300% increase which is equally correct.
Only an Accountant could convolute numbers for a reason!

However it is viewed, the increased production is not to be sniffed at.
The Company is delivering on it's plan

Usually seismic data takes time to be analysed. Don't be disappointed to have a delay.

Share prices go down as well as up, that is the nature of the beast. The market is being used more as a Casino, which inexperienced investors seem to expect.

Probably a case of the last man standing and then if necessary the TOP would vet the deal.
It could run a while yet especially if the $/£ rate changes.