Member Info for Karlvonwise

It's moving up , I thought we see 0.0025-0.0030 when news of 3rd gen was operational and successful. Have to recalculate to 0.0040 i think

Would you believe it, just bought a 95k at 0.00224

I doubt we be seeing these lows again

Karl x

@Bigwil7

Live the positive thoughts but was 'nt me. Although I am expecting this to fly soon with the revenues so far beyond market expectations .

Best wishes Karl x

I think the 08.03 was a buy

Karl x

Morning Fellwanderer , looks like another wild day 74 trades in 29 minutes

Https://www.ft.com/content/caac56de-d357-46e5-b2c7-49738ff0fcad

It's all looking good with high winds.

Karl x

Https://www.telegraph.co.uk/business/2025/01/22/wind-power-collapses-less-1pc-uk-energy/

I thought this would be interesting.

Karl x

I believe genset 3 should be operational 1st week March.....this is my belief looking at the rns from the last two genset

Karl

I wonder with the 10 million buys, does someone know about the Egyptians government paying the the overdues on debt

The Egyptian General Petroleum Corporation (EGPC) has been experiencing financial challenges, primarily due to a prolonged foreign currency shortage in Egypt. This shortage has led to the accumulation of arrears to foreign oil and gas companies operating in the country. In March 2024, Egypt began addressing these arrears, initiating payments to reduce the outstanding amounts owed.

Despite these efforts, the financial strain persisted. In August 2024, EGPC secured a one-year grace period from a consortium of local banks to postpone the repayment of $2 billion in due installments. This agreement deferred the start of these payments to early 2026, providing temporary relief but also indicating ongoing financial difficulties.

The foreign currency shortage has also impacted EGPC's ability to meet its obligations to international partners. For instance, at the end of 2023, Capricorn Energy reported receivables of $168.7 million due from Egypt, highlighting the challenges faced by foreign companies in receiving timely payments.

In response to these issues, the Egyptian government has taken steps to improve the situation. By July 2024, Egypt had paid $1.3 billion in arrears to foreign oil and gas companies and outlined plans to settle the remaining dues within the fiscal year. Additionally, Prime Minister Mostafa Madbouly announced plans to restore oil and gas production to normal levels by 2025, aiming to enhance energy output and stabilize the sector.

These developments underscore the financial challenges faced by EGPC, influenced by broader economic conditions in Egypt, particularly the foreign currency shortage. The government's ongoing efforts to address these issues are crucial for the stability of the energy sector and the fulfillment of commitments to both domestic and international stakeholders.

So fiscal year ends April ,25 ?

It's nice to see that the share price is slowly creeping up :)

Thanks fella, how long do you think before news arrive?

Probably ran out of shares to sell at that time, it happens x

Once the 3rd gen is overhauled then I believe the share price will gain traction x

In these turbulent times, where stock markets are volatile, effective communication between the board and its shareholders is more critical than ever. A lack of timely updates not only fuels uncertainty but also drives share prices down. When updates finally arrive, they often merely recover lost ground rather than delivering meaningful progress.

Karlvonwise x

Every morning I click on here to see if there is a RNS update.

I remind my self cold

Each morning, I check here for any RNS updates, hoping for good news. I remind myself that cold and hot testing of a genset is essential—though it requires specific procedures and potential adjustments. Still, the anticipation drives me a little crazy.

Karlvonwise x

Work to enable cross-Channel ferries and cruise ships to plug into electricity from ashore is beginning this week at one of the UK's busiest ports.

I believe this is Portsmouth

Demand for national grid rising , do your own work .

Karlvonwise x

Apologies, but I had previously sent an email this morning requesting an update.

Karlvonwise x

I genuinely believe there should be update today or tomorrow....I expect over revenue for last month

Karlvonwise x

@Bigwil7

Totally agree , I'm still banking on update either this Wednesday or Thursday.

Also expect an RNS of reduce share holding / voting rights

Karlvonwise x

Just to be upfront—I’ve got a seven-figure stake in shares here, so you might say I'm a little *enthusiastically* biased!

Karlvonwise x