Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Yes I noticed them.
You have changed your tune though I see
The breakout is rooted in substance though. The company is in a prime position. It is at the vanguard of a cultural and economic shift with government funding and with heavy weights behind it (Shell, Toyota, Honda etc).
So one research Co valued it low lol, these hydrogen Co's are hard to value, they are obviously valued on potential going forward, anyway lets see what tomorrow brings, a possible cheap entry maybe.
Fat finger ????
Yes, he has a great strategy -buy high sell low, he will be back on here soon telling us about all the shorts he put on .
I agree one thing, the deal was not enough, when you think SA raised there production before this by 2 million bpd they knew this was coming, that's one reason why the oil price is dropping.
JAdam, you conveniently left out -Currently we anticipate unit operating costs of c.$30/boe in 2020, yes we will lose money on oil, not a great loss but that will be balanced against the gain in gas hedges, and as peeps have said this current situation is perfect for obtaining distressed assets.
Oil hedge completed March 31st 2020 but gas hedged in 2021 and 2022
The Company has hedging in place to support its current capital expenditure commitments. RockRose hedged 455,000 barrels of oil hedged at $65.70 per barrel for Q1 2020 and 63 million therms of gas at €0.53 per therm (49p/therm) for calendar 2020. Looking further ahead, an additional 54 million therms has been hedged in each of 2021 and 2022 at €0.41 and €0.45 per therm (38p and 42p) respectively.
· RockRose carries out an active hedging programme to ensure liquidity for planned capex. Currently it has hedged 455,000 bbl of oil at US$65.70/bbl for the first quarter of 2020. In addition, RockRose has hedged 1,800 Gwh of gas production for 2020 at a price of €18.05 per Mwh. This is equivalent to ~63 million therms at ~45p per therm using an exchange rate of €1.18 to £1.
Oh dear, down down down we go, the bottom no nobody knows
Not as much as Tullow 16% down, I wouldn't be bragging on here, I also know what I would prefer to hold and you call TLW a recovery play, it's got negative net cash of 63p compared to RRE net cash a positive 1225p-Plonker
ENQ, TLW & PMO
Really, 3 dead ducks lol.
Wouldn't trust that sites data tbh, they even have the dividend wrong .
Yes they added the 60p twice
ADVFN Financials
https://uk.advfn.com/p.php?pid=financials&symbol=LSE%3ARRE
Don't know how they worked it out, possibly decommissioning costs.
ADVFN Financials
https://uk.advfn.com/p.php?pid=financials&symbol=LSE%3ARRE
Possibly their debt ratio is a lot lower
35% compared to RRE 88%
Think we are going to end slightly up-
MTSpark £17.50
Fiah £16+
Maverick £15.00
Ammu £12.50
Rookie £12.00
Gorham £11.50
Kenco £10.95
Killerpidgeon £10.70
Nonegs £10.20
Dana £10.00
Bobblicious £9.85
Pro2 £9.20
ferrotty £9.01
New £8.80
Think we are going to end slightly up-MTSpark £17.50
Fiah £16+
Maverick £15.00
Ammu £12.50
Rookie £12.00
Gorham £11.50
Kenco £10.95
Killerpidgeon £10.70
Nonegs £10.20
Dana £10.00
Bobblicious £9.85
Pro2 £9.20
ferrotty £9.01
New £8.80
Mexico ends oil standoff with OPEC:
OPEC deal 'not going to be enough to offset this incredible demand destruction'.
U.S. producers cannot coordinate to lower output because doing so would run afoul of antitrust laws. Governments on the state or federal level would have to “mandate a production cut,” allowing the market to “answer this from a U.S. perspective,”
Both Saudi Arabia and Russia would lower production to 8.5 million barrels a day from their current levels of 12.3 million and 10.9 million, respectively.
Longer-term, the deal calls for output to be reduced by 8 million barrels a day from July through December and by 6 million barrels per day for 16 months beginning in 2021.
“Ten million barrels per day, especially considering you're using that off of the Saudis increased production already, is not going to be enough to offset this incredible demand destruction that we've seen globally because of the virus,” Gifford Briggs, Louisiana Oil & Gas Association president said.
Looks like you can't sell above 250 shares
Anyone able to get a sell quote, keeps going to unable to get a quote, I'm with HL