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What sort of imprecise language is ‘in effect expired’ ? That’s a passive reaction. If someone gets off their big fat and grabs the bull by the horns, it may just be that the reality is somewhat clearer - one way or the other. Why speak to a solicitor ? Why not a big cheese at the DHSC ? Get a grip man (CK) !!!
Thanks for the information SneakySimon. The inference is that if Omega had not gone chasing certainty, the SP would not have suffered as it did. The DHSC are still on the fence but CK has concluded that the contract has ended - that’s not why the DHSC said. Events since Thursday May yet breath life into this but a conciliatory approach may work better that big footed impatience.
If ODX were a novel, when we eventually close the book, we’ll see that, right now, we were in chapter 3 of a 24 chapter publication. I think ODX will play a significant part in the UK diagnostics industry, whether under CK or not.
Not an unexpected partner but taking this beyond an MOU and including wind and solar power in the joint venture is a massive derisker for me. CHAR’s long term plan is coming together and they are hitting all of their self made promises and deadlines.
The question was asked at the event on the 28th October about drill updates. Duncan Wallace said there will be no interim updates and the results will be released once the full results are known. He was emphatic on this point. I’d be very surprised to see the company adopt a different position.
SF - looks to me like you’re becoming the one on the back row of the upper circle, desperately shouting at the main act on the stage, unable to be heard and not contributing anything to the production. I defend your right to say what you want, but I suggest you take a good look at yerself.
It’s great when you ignore this bb and come back to it occasionally. You see the same people being irritated by the same people. No value or relevance to the purpose at all. Keep going folks, it obviously passes the day for you. I’ll check in again soon.
I am optimistic for the future of CHAR despite the various wounds from over 10 years of shareholding. Unless someone has moved in to Anchois and stolen what Repsol found in 2009, we are highly likely to find it again - and maybe even more of it. That opens the process Jimmy has outlined. This is not wildcat stuff. It’s right to keep our feet on the ground and an opposite point of view is welcomed to make sure I do that. But, while the context of our history is important, this CHAR bears no resemblance to what it was during LB’s reign.
This is massive news !
Talking green energy is easy but the delivery is beyond simple comprehension. This kind of announcement will spike people’s interest and, in time, will have a hugely positive effect on investor sentiment in CHAR. Celicourt should be front and centre in publicising CHAR’s potential in this regard.
Hydrogen energy transported from Australia to the UK. Imagine how commercially attractive it will be if produced much closer to home - say, Mauritania ?
Fair questions Jimmy, not so many answers right now. AP’s assessment was that 20% of global energy needs will be met by hydrogen energy sources by 2040. Seems a long way off but at least we have a stake in the game. What you suggest makes good sense - let’s see how this is handled.
Jimmy, the hydrogen potential is the part of the company that AP is most excited about. He talked about the Mauritania sites as being one of the top three locations in the world, along with Australia and Chile. I think news of the consortium CHAR are developing will be significant. DW has a firm grip on the emerging technology and I have no doubt the venture capitalist representatives at the meeting will have plenty of food for thought.
The event was Malcy’s idea. He suggested that CHAR avoid the multi company presentations that go around on the internet because that would dilute their unique position and potential. Malcy is working harder for CHAR than Celicourt seem to.
I spoke to most groups during the evening. One interesting trio were representing a group of venture capitalists. They kept their cards close to their chests. Employees and representatives of the company probably outnumbered the investors.