Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
To be honest I didn't know much about 'Hydrogen energy' (and still don't really) but it's being pushed heavily by the EU and by BP, Shell Total etc. It can go in existing gas infrastructure at about a 10% ratio, it's possible "to just throw into natural gas pipelines today"
'The vast majority of the hydrogen used today, 'gray' hydrogen, is produced using fossil fuels, emitting carbon dioxide in the process. 'Blue' hydrogen is made using natural gas and then capturing the carbon dioxide emissions, making it cleaner than gray hydrogen.'
'Bloomberg NEF estimates that an $11 trillion investment in production and storage worldwide through 2050 and more electricity than the world generates now to have green hydrogen meet a quarter of the world's energy needs.'
Hydrogen also essential for green long distance travel like planes and trucks as batteries are too big and heavy and also is being pushed as a supplement and safety net for the unreliability of renewable energies . Makes pretty interesting reading and also some sense. If FRR is sat on a big lump of gas next to gas infrastructure this could be a possible avenue of development, specially if there is a hydrogen loving O&G big boy in the driving seat. Not just an out of the blue windfarm on the 1% of b12 we have left. Legacy oil and gas companies have been pushing hydrogen for the last 10 years and it also fits the MO of Green capital LLC and makes more sense now. However I would of thought they might of mentioned the word Hydrogen once in the last 2 years of media coverage?
Most balls are curved Dave
Wasn't the previous financing from Green capital ( I think it was called) 150 million? Also, he quotes himself as the biggest creditor? Has Hope been sorted? Interesting scraps of information here if to be taken at face value....
Who knows what arrangement has been come to. Hopefully outriders slightly dire situation has made it more favorable for shareholders than it could of been and we haven't been diluted into oblivion. The debt we owed outrider was about 2/3 of our market cap at delist. Does sound less like a buyout and more like a going concern for the future of frr
£40 an hour?! Who are they? I have some magic beans to sell them! Only joking haha
That was an interesting read, especially points 11,12,13. Could this fiasco have been concluded more beneficially and succinctly a long time ago.
If you factor in the jjcarters seemingly previous MO of providing positive information for shareholders on here, he/she announcing Zaza's departure as a positive would be infitting with SNs lawsuit.
Zaza on the face of it has always been fighting for the company but was it for his own ulteria motives, did he simply think the rest of the board were bumbling fools with small ambitions ready to take the easy way out and couldn't see the real bigger picture/opportunity. He appears to have been acting as a 1 man band in a dictorial manner, on the assumption he knew what was best. Without communicating his intentions to the board how would they know? Seems a little sus!
Not sure if I read it right but we had to apply for a new one as ours was issued before 2018, upon receiving the new one the old order from 2006 was repealed?
Dustin's website - https://precisionpetroleumsolutions.com/case-studies
Interesting reading about Dustin's company.
' Review operational condition of assets to determine value of potential acquisitions or divesture'
Also on his company's website there is a section called 'case studies'
I am not the repository of knowledge on FRR but 'client with up and coming basin, multi well program to determine economic viability' features, and also 'extended lateral well came in under expectation for the upcoming competition needed to support their ability to properly value the asset for divestiture.'
Could both be talking about FRR? There is data on the case studies to look at for the more knowledgeable and sage members of the board if that is the case, if not just sorry for this garbage I just posted!
IF we ever get to be lucky enough to have tradeable frr shares sat outside our shares ISA or a dividend to pay capital gains tax on, I doubt HMRC will willingly pass it up. I can't seem to find any precedent online for shares reinstated - but i only searched online for 5 mins.
If Zaza wants to go into politics, he doesn't want a skeleton like that PPP knocking about in his closet. Also probably ****ed at being booted out on (hopefully) the final furlong.
I dont get the feeling that is this is motivated by potential loss incurred by his frr shareholding and last 2 years flogging a dead horse, so that is small positive I'm taking from this, as stated the 1 mil is for frr - however that works.
Last call for any more spanners.
Maybe now Zaza is just a shareholder like the rest of us, he can come and post his theory craft on here on LSE with the rest of us mugs. Has he posted anything of interest on his Facebook recently?
In 7 years time..... That's a lot of dragging. The alternative to frr dragging it out for 7 years is just throwing in the towel which is a lot easier than your bat sh*t crazy theory.
Don't know if I'm interpreting this wrong but this reads negatively to me? Can someone elucidate
Don't leave on the account of that senile fool, talking endless drivel. I actually thought something of value was posted today with 42 posts but it was just his attempts at bullying. He posts a lot but says nothing.
Bernadotte you might have some email confirmations of the transactions from the time hiding in your inbox.
find out soon when they send and email out for a £50k fund raiser from shareholders to get FRR over the line lol
Chances are he's blocked you after trying to add him as a friend
If it makes you feel any better I had million of these but sold the bulk of them to put into frr for a short term punt to reinvest back into ggp... which turned out to be a delist of 2 years so far....I believe it is called sods law... I also diversified my portfolio at the same time with an investment into LION. lol.