Member Info for Gallmat

IMHO. Just monitor uk politics and wait.

The budget is coming in November and the North sea consultation results will be due soon.

Labour are under attack, they will have to do something

This will simply move on policy shifts or more likely as we attract tier1 financing

I expect the company will be looking at way to secure expansion as we talk. Clearly you would do that to help get the beat financing terms.

This is a stock where things will happen in the background, and that Is the sort of stock I like

I am delighted to be in this.

What other company has a plan to extract uk gas and use it with 0 emissions? And when they extract it they produce lowest cost hydrogen in uk and 2 commodities nobody else can.

Super happy here

Feasibility studies aren't cheap. Some estimate of fair value will have to come out soon.

Personally going to wait and see how that looks, no reason for me to sell yet

People have no idea how big this is yet. I think it is profitable, will be expanded at mesh and that the company will try and land grab for other areas to replicate.

I am sitting on this one.

Honestly not that bothered on timeline.

We have started FEED. Given the size of the project we will be talking to partners and probably planning financing activities at a much higher share price.

I Don't care if we start In 2027 or 2030 but I focus on the event of some buying into the project at a premium.

The proactive article states we already have interest ( as noted below) and they note Siemens energy are a key partner for Long Duration Energy Storage.

If Siemens are world leaders in the tech it would be strange if they did not want to be involved. A side note is ceo of gb energy is ex Siemens energy!

The company is already going into FEED. If they need money I am happy because it will show a valuation at which investors will come in.

If this is a 300m investment ( guess work as gas only was 80m). I can easily seen 30m valuation as they is maybe less than 1 yrs profit from a project with long length.

In short. I hope they get on with it, and I don't feat any raising or selling the project - that is what u want!

^^^^^^^ from proactive ^^^^^^^^

Ben Clube: It puts us on the path. We are straight into FEED activities now with this decision. We’ll be developing our investment portfolio and financing options with those funds. We’re already getting significant interest. There's a lot of demand, we think, to backing the company through FEED and through the development cycle.

The company will probably push on with development work and that will include chats with tier1 offtakers - we just need to sit and wait

Happy to have purchased now, some will wait to see the NPV of the projects but u am sure at that point we will have a significant rerate.

Happy to be in early

My general thoughts are investors are thinking small when the company is thinking big. Yes there are some warrants. Maybe we will raise. Honestly I fear neither.

If the uk gov likes this approach, think about the blue sky. We can basically ask for gas deposits others will be denied.

The ceo told us mesh can be scaled and it can be replicated. Clearly we will look for more salt sequences so we can expand the concept. The ceo said we need much more LDES, GW of it!

Hydrogen production is also subject to a cap and floor mechanism, or minimum price guarantee.

So what we have now is the ability to get gas deposits others might be denied. A huge appetite for what we produce. So a pathway for growth.

With respect to hydrogen the floor price will be set to make the marginal producers profitable. If we are alot cheaper than them they are guaranteeing our profits.

When I sit here tonight I almost wish labour are hard-core on oil and gas. In this situation we will have no competiton for stranded gas fields and can build effectively new industries which others cannot compete in

There is lots of analysis on trade flow, but standing back.

The uk government has an issue with extracting gas as its polluting.

This company has made a blue print to extract and use any gas with zero emissions to produce 3 key outputs we need.

1. Synthetic graphite. No source in uk

2. To produce clean ammonia when we cannot even make dirty ammonia cost effectively. It shut down.

3. To make hydrogen at a price that will be competative with dirty hydrogen.

All on top of this they are generating ldes which can replace the need for some expensive marginal gas.

If this integrated approach works its pretty clever. This could be a blueprint layout could get behind in many locations.

Some real blue sky thinking is needed here. I know we have marram, but I'd this solution works, epp could get multiple gas fields for the solution.

Another thing that maybe is not realised is the cost of the project will be in 100s of millions due to the size. If you are making a huge investment giving a decent absolute amount to buy in is easy.

This is a big capex and big idea stock. Not sure everyone else gets it yet

Not sure the small moves matter. Cotec can't be long from announcing their plans. Once we know at least a plant is happening in the usa that is 200m usd of npv just there.

People are always going to take profits

You have 3/4 million pounds in this?

D carbon x, now also noting the comments.by the chancellor.

Fingers crossed. Gov indicates u turn, people then factor in the license. Gas extraction and call option on storage and other things.

Market is asleep

https://www.linkedin.com/mwlite/feed/home?originalSubdomain=uk

My current view is if they are going to u turn, this is the easiest u turn argument.

Use gas for 0 carbon outputs.

And when we get the extraction permit, things become more simple for explaining.

Gas extraction + free option.

Anyway it seems chancellor says guidence is coming before budget

I think everything is pointing to it. You have articles in broadsheets. Then the channel 4 interview with Ed squirming. Now chancellor is signalling as well.

Actually if they get the gas extraction from nsta this becomes a much simpler thing.

They said npv of gas extraction was 100m gbp so people can think this is just a traditional.project with lots of excellent things for free

Https://www.agcc.co.uk/news-article/chancellor-signals-north-sea-climbdown-in-november-budget

Chancellor noting a softening on restrictions for oil and gas

It's not worth billions. Come on.

The cost of extracting gas was 80m. Maybe same for gas storage 80m. That's 160m

With all the other things capex who knows 350m.

People want a 15pct return. So easily slap out over 30m gbp to buy this. Probably loads more.

And the company is stating they want to expand what is planned at mesh and think about doing it in other parts of the uk.

If this package formula works and they have the ear of government this is super.

But we need to fund it so billions not IMHO

Looking forward to when we are discussing the company and not the technical indicators. That Is when the real cash will be made.

Reminds me of mkango after big news. When it settled down then we multi bagged

If labour stick to this no scope 3 emissions line. Who the G*&* else can extract the gas from these stranded fields?.

We have the tech. If the gov backs us we can scoop up stranded fields all around where we are and elsw where.

The company said mesh is an Expandable project!

I don't care if it goes lower

Ed milliband was questioned on channel 4 about approving new licenses.

He said we won't. Then they went we know you will do tie backs. Ed was stuttering saying we will stick to our manifesto.

So political chat for. Yes but I won't say it.

They are going to allow tie backs. If they won't do it everywhere, they can sell our project as being labours new green integrated solution.

Ed needs a sound bite. And we are it