Believe France has large Lithium deposits. But it will be the usual Not on our back door. Europe wants to transition to "green energy" but doesn't want the associated problems/environmental issues associated with it. We Europeans are hypocrites. Source: The Rare Metals War: The Dark Side of Clean Energy and Digital Technologies by Guillaume Pitron.
Very much doubt that, not from Ukraine anyway. The danger is it spills in to other countries or if EU/NATO get involved, then we might all be getting our arses kicked.....and not in a good way. Markets would tumble everywhere.
Mine blew off last week as well, sold at 355, lost out on about a further £900 rise, must admit expected a retrace that didn't happen. ah well just the one share left - AV. and its not really breaking records.
The Chinese solution was a disaster and there is a major gender imbalance. So i don't really think it worked at all. Most of Europe's replenishment rate is less than needed for a capitalist system to function. That's why a move away from a capitalist's system is needed.
Not sure what you base that on since PFC have been in the doldrums for years now. A lot of work for Petrofac to do, to undue the damage and get back on the tender lists.
A lot more complicated than just moving a FPSO from one location to another - EP would probably need substantial modifications if it were deemed fit for purpose. Would be good if it happened though. Could rename it the Enquest Recycler...
Which Forties oil field is that then? Most folk would name the installation, Say Forties Charlie? Plus anyone that knows their onions would use OIM...No explanation necessary. Another one post wonder.
A 60% stake in an oil field is quite high and oil companies like to share the risk......Nothing to be concerned about happens all the time and you are just fishing for problems that are not there.
Our strategic ambition is to deliver value for shareholders through the successful execution of a potentially transformational acquisition campaign in Africa. Very clever play on words - but i would pass, Company share price has been on a death spiral for a long time. Actually surprised they are still on the go.
well aware just left working for Petrofac, so up to speed on all the dividend cuts, the reasons, the redundancies and pay cuts in Aberdeen, which was opportunistic to say the least in relation to the pay cuts.
I have 666 shares via the save as you earn scheme.......which i am out of now.....just not had a chance to sell them and barely even had dividends....i am still over £2k down. Short term certainly in Furrryboots land its not great for Oil and definitely not going well for PFC. They recently lost a sizable contract with Total.
I would caution anyone to buy this considering what happened with trap oil. Wouldn't touch this share if it were 5p, shareholders were badly let down before and no doubt again....what was the other one at the time Lochard Energy? Be careful you dont get trapped here.