Member Info for GT6546

May 2016. From Energy Equity Resouces website (eeras.com), News & Media section.

https://youtu.be/SgbOdwk84dA

Bit off topic, since it's about other energy companies, but an interesting article on a Saudi gas deal was published on the CNBC website today. Headline:

'Saudi oil giant Aramco strikes deal to buy US natural gas from Sempra Energy'

Remarkable to see the oil rich Saudis buying fossil fuel from the west. The times sure are 'a changing', as the old song goes!

The article says "This would be Aramco’s first deal to buy LNG from the United States and advance[s] the oil giant’s goal of becoming a major player in the growing global gas market."

Just to add, I've just remembered that Panoro Energy's AGM is tomorrow. So anything Panoro Energy announce publicly and officially in the future about the Aje field will also be informative to know about.

Thinking ahead of future newsflow we have:

1) The upcoming meeting in June regarding the name change and share consolidation;
2) Annual results and report for year ending 2018 appear to also be due;
3) A further anouncement on MX Oil's offer to the 'Strategic Investor' (Shaikh Ahmed Bin Dalmook Al Maktoum Private Office Single Person Company LLC) of "the right to appoint one person to the board of directors, subject to requisite regulatory approval and process)..." and MX Oil's intention "for the appointee to take over as Non-Executive Chairman of the Company." (See RNS Number 1276W, 15 April 2019).

Any other known newsflow items?

Interesting excerpt below from His Highness Sheikh Ahmed Dalmook Al Maktoum's (Private Office) website. Hadn't noticed it on my previous visits."We currently own the largest emergency power plant installed in West Africa. The Private Office is undergoing development of over c. 2000 MW of Power Plants across many countries in Africa, Asia and other jurisdiction in the developing regions. We also deliver integrated and unbundled solutions in supplying LNG. With the help of our partnerships we carry out the business of the complete supply chain of LNG and supplying natural gas."

Not a recommendation per se, but 'Freetrade', 'Degiro' and 'Trading212' all have interesting features.

According to his biography on Artemis Resources' (AR) website, another Maktoum family member, His Highness (H.H.) Sheikh Maktoum Hasher al Maktoum holds a Directorship at the Commercial Bank of Dubai.

He is also Chairman of AR, and apparently also a member of the same Maktoum royal dynasty as MX Oil strategic investor H.H. Shaikh Ahmed Bin Dalmook Al Maktoum.

So as well as their personal wealth, at least one member of the Maktoum royal dynasty is known to hold a Directorship in the banking sector.

No guarantees it will ultimately end up being of any significance - but even still - potentially an interesting and useful connection for MX Oil and it's strategic investor H.H. Shaikh Ahmed Bin Dalmook Al Maktoum to have.

And battery life, battery recharge speed and availability of places to recharge - they'll all be big factors for prospective buyers.

Dyson's mooted possible venture into lithium battery powered electric vehicles is quite a quantum leap from making small domestic consumer goods such as vacuum cleaners.

If Dyson does start making electric cars, James Dyson could become a sort of 'UK Elon Musk'. And Dyson the company the 'Tesla of the UK'.

It will be vital for UK electric vehicle manufacturers to secure enough lithium supplies well in advance. And at as cheap and stable a price as possible.

Clearly the end retail price of electric cars will be a big factor, and be influenced by the cost of lithium (and rare earth elements). And battery life, battery recharge speed and places to recharge.

Article: 'Dyson calls for ban on petrol and diesel cars to be fast-tracked to 2030 - as he reveals patents for new electric vehicle that WON'T be built in the UK'.
May 2019
On thisismoney website.

I wonder how many airline journeys there are per year in the UK? And what the potential market size for luggage porter services might be?

I wonder if Airportr have any specific, practical plans and goals to capture a percentage of this market, and - if so - what percentage?

Is there any latitude for international expansion in future, by Airportr offering the service in other countries? And have they indicated any interest in a future public flotation of their shares (e.g. listing on the London Stock Exchange)?

Could they have the potential to become the next 'Uber' of luggage portage?

P.S. I hope they pay their porters well!

Yeah, the trade is showing twice on London South East. But if you check the trades for yesterday on the London Stock Exchange website you'll see it's only showing there as one single trade.

Just visited Airportr's website. Gosh!

Airportr (owed by Portr Limited, which Vela Technologies, among others has invested in) has a number of partner airlines listed on their website now:

American Airlines, British Airways, Cathay Pacific, easyjet, Finnair, Thomas Cook Airlines, Virgin Atlantic.

From London Stock Exchange website:

Execution Price Currency Volume Trade value
12:34:24 10-May-2019 0.12 GBX 122,368,761 141,947.76

Sizable trades indeed, considering 1,452,958,416 ordinary shares and voting rights in issue.

So it seems we will find out at another date if and when the ordinary shares in Vela in respect of the Antony Laiker Subscription will be admitted to AIM (although as Vela say they will be subject to a 3 month lock in period once they do).

Amongst Vela Technologies' [Vela] investments in various different companies, their investment in Portr Limited, the owner of Airportr, has been getting particular publicity and attention.

In Vela's announcement of 17 Dec. 2018 (RNS No. 7065K) Vela said:

"Vela has an interest in 162,736 shares in Portr Limited, the owner of AirPortr, equivalent to approximately 3.1 per cent. of Portr Limited's issued share capital."

I also see from Vela's Final Results for the year ended 31st March 2018 (RNS No. 0898C, 27 Sep. 2018) Vela noted and declared:

"On 10 October 2017, the Company acquired 2,198 ordinary shares for a consideration of £10,990. Following the investment the Company had an interest in approx. 3.7% of the total share capital."

In one of Vela's more recent announcements (RNS No. 8643W, 24 Apr. 2019) Vela said:

"In conjunction with the Placing, Vela announces that it intends to enter into an agreement to invest a further £91,341 in Portr Limited ("Portr"), using proceeds from the Placing."

In connection with the recent conversion of Loan Notes held by Scott Fletcher into new ordinary shares, Vela stated:

"[they]...will be subject to a lock-in agreement for a period of 3 months from the date of Admission."

The same RNS also says:

"The ordinary shares issued pursuant to the Antony Laiker Subscription will be subject to a lock-in agreement for a period of 3 months from the admission of the shares to trading on AIM."

However, Vela said on 1 May 2019 (RNS No. 7552X):

"A separate application will now be made in due course for admission of these 25,000,000 Placing Shares to trading on AIM."

Amongst Vela Technologies' [Vela] investments in various different companies, their investment in Portr Limited, the owner of Airportr, has been getting particular publicity and attention.In Vela's announcement of 17 Dec. 2018 (RNS No. 7065K) Vela said:"Vela has an interest in 162,736 shares in Portr Limited, the owner of AirPortr, equivalent to approximately 3.1 per cent. of Portr Limited's issued share capital."I also see from Vela's Final Results for the year ended 31st March 2018 (RNS No. 0898C, 27 Sep. 2018) Vela noted and declared:"On 10 October 2017, the Company acquired 2,198 ordinary shares for a consideration of £10,990. Following the investment the Company had an interest in approx. 3.7% of the total share capital."In one of Vela's more recent announcements (RNS No. 8643W, 24 Apr. 2019) Vela said:"In conjunction with the Placing, Vela announces that it intends to enter into an agreement to invest a further £91,341 in Portr Limited ("Portr"), using proceeds from the Placing."In connection with the recent conversion of Loan Notes held by Scott Fletcher into new ordinary shares, Vela stated:"[they]...will be subject to a lock-in agreement for a period of 3 months from the date of Admission."The same RNS also says:"The ordinary shares issued pursuant to the Antony Laiker Subscription will be subject to a lock-in agreement for a period of 3 months from the admission of the shares to trading on AIM."However, Vela said on 1 May 2019 (RNS No. 7552X):"A separate application will now be made in due course for admission of these 25,000,000 Placing Shares to trading on AIM."

Just out.

I see from her biography that Eileen Carr - currently a Non-Executive Director at Bacanora Lithium - used to be an Executive Director (CFO) at Alexander Mining.