Member Info for FlagStaffIR

Predator LNG Morocco and Ireland in S & P Global Platts 24 May 2021
https://www.spglobal.com>platts

https://www.cnn.com/2021/05/30/health/high-blood-pressure-frieden/index.html

https://youtu.be/HLOAYMxGe8c

https://www.malcysblog.com/2021/05/oil-price-predator-san-leon-and-finally/

https://www.londonstockexchange.com/news-article/PRD/annual-financial-report-fye-31-december-2020/14996721

Paul Griffiths, Predator’s CEO, said:
“During the period, despite the unique challenges presented by the impact of the COVID-19 pandemic, we reached an important milestone in successfully executing and operating the Inniss-Trinity pilot C02 EOR project in Trinidad to demonstrate the potential for reducing C02 emissions by facilitating cost-effective C02 storage in producing reservoirs. The focus on gas onshore Morocco to reduce an over-reliance on more carbon intensive fuels and the planning of offshore LNG solutions for Ireland to address security of energy supply and to provide greater transparency on sources of gas relative to co-mingled imported gas is consistent with our emphasis now firmly on ESG and demonstrating energy sustainability. We are pleased to be able to demonstrate practical and pragmatic options for the Energy Transition which have a role in helping to ameliorate the effects of climate change but also in maintaining a fair, equitable and just social responsibility.
We have eliminated debt, strengthened our balance sheet and further developed our in-country relationships to execute our business strategies and create materiality by aligning with key stakeholders in the energy sectors. With this solid platform we are well-positioned to move forward in 2021 to increase operational activity beginning with the MOU-1 well in northern Morocco, which potentially could lead to the establishment of a new potential gas basin straddling the Maghreb gas pipeline to Europe.”

Highlights:
• Belluscura plc has announced the completion of its IPO and the Company shares have been admitted to the AIM market of the London Stock Exchange today. Total funds raised were £17.5m.
• Prior to completion of the IPO, TEK held 23.05% of Belluscura, or 17.1m shares. Following the fundraise associated with the IPO TEK now holds 15.13% of total shares or a market value of ~£7.71m. This is a 2.9x multiple over the imputed book value carried by TEK for Belluscura (US$3.82m or ~£2.67m).

This should increase TEK’s market cap by over £5.1m, providing a tangible basis for the asset valuation as well as a proof point underscoring its business model. It also demonstrates the reasonableness of TEK’s portfolio valuations writ large. As such, TEK should be trading closer to over £0.19/share if we add the asset value difference for Belluscura alone.

https://www.londonstockexchange.com/news-article/TEK/belluscura-first-day-of-dealings-on-aim/14995947

“Our congratulations to Robert Rauker and the Belluscura team on a job well done! The IPO of Belluscura represents the first public listing of one of TekCapital’s portfolio companies. It has been achieved at a valuation which is substantially higher than the book value of the Company’s holding in Belluscura and we are delighted that the fundraise was oversubscribed. We look forward to following Belluscura’s success on AIM going forward.” said Dr. Clifford Gross, Executive Chairman of Tekcapital.

Tekcapital Non Executive Director The Rt Hon Lord Willetts FRS discusses how University research can invigorate Technology Companies’

https://youtu.be/ivURkBb47bI

TEK Holding worth US $ 10.8M

US $ 10.8M

https://www.londonstockexchange.com/news-article/market-news/confirmation-of-issue-price-for-placing/14988002

TEK Holding worth US 4 10.8M

https://www.theguardian.com/global-development/2021/may/25/oxygen-shortages-threaten-total-collapse-of-dozens-of-health-systems

https://www.malcysblog.com/2021/05/oil-price-predator-deltic-and-finally/

Our take: The preparation of the MOU-1 drilling location is an important milestone paving the way for the drilling operations to start during June, subject to the timing of the completion of the current SDX Energy drilling programme in the Rharb Basin. The Company’s MOU-1 well represents another important valuation catalyst for the Predator, and in a success case, could potentially de-risk up to 1,823Bcf of prospective High Estimate gross recoverable gas resources in the Tertiary and in the MOU-4 Prospect to provide the basis for a further drilling programme, including appraisal and exploration wells, when the Star Valley rig becomes available again later in 2021. Whilst the shares are up almost 3x YTD, we believe there remains further running room in the stock to come ahead of an active drilling campaign this year.

https://www.londonstockexchange.com/news-article/RBW/initial-metallurgical-results-for-phalaborwa/14987935
George Bennett, CEO, said: “We are excited by the initial highly positive test work results received from ANSTO, which support our view that Phalaborwa can be developed as a low capital intensity project with operating costs near the bottom of the global rare earth cost curve. The high initial recovery of rare earths reported from the gypsum via a simple 24-hour acid leach process at ambient temperature and pressure is a major benefit as we are essentially dealing with a ‘cracked chemical feed’ that has occurred before the gypsum residue was deposited. As we review further optimisation to increase recovery of rare earth elements and reduce re-agent consumption, we will carry out a thorough cost/benefit analysis to ensure that each step increases the overall value of the project.
These initial test work results confirm my belief that Phalaborwa, by its nature, will probably be the fastest global rare earth development project to get to the mixed rare earth carbonate producing stage. We are targeting delivering production from Phalaborwa in an accelerated time-frame which can only be achieved because of the unique nature of the project with simple processing requirements.

https://www.londonstockexchange.com/news-article/PRD/operational-update/14987959
Paul Griffiths, CEO of Predator Oil & Gas Holdings Plc commented:
“The preparation of the MOU-1 drilling location is an important milestone paving the way for the drilling operations to start during June, subject to the timing of the completion of the current SDX Energy drilling programme in the Rharb Basin. However today’s announcement also shows that we continue to develop new business relationships and opportunities to ensure that we maintain the ability to attract substantive industry partners capable of financing key parts of our business development strategy when required to do so.”

https://youtu.be/LyjjFvVefK4

https://youtu.be/3Nq4vNUXZCg

https://www.youtube.com/embed/X9oCiLD6uaU"

https://www.londonstockexchange.com/news-article/GLAN/notice-of-investor-presentation/14978402