Avanti have invested $1.2 billlion in all their technologies for a good reason. They're laying the foundations for something much bigger to come. The infrastructure is impressive by all means, and reaches far and wide. Admittedly there is a big pile of debt, but in time and with a different mindset and strategy to the previous management, fortunes can be turned around for the company and us shareholders may all get to reap the rewards of all the hard work of the past, Watch this space...
It was very pleasing to see the successful launch of Hylas 3 last night, and the coming few months ahead regarding in orbit and acceptance tests etc., will be eagerly observed by us long suffering shareholders. I really do hope the new team at Avanti can deliver and sell out the capacity of this advanced and unique satellite system. This may be a good time to top up, as i did earlier today and average down at the same time!
Well this share can't go down much more, but if Hylas 3 works out it could go up a lot more, i know its wishful thinking but may of us here are living in hope. When Hylas 4 launched unfortunately the sp dropped to my surprise, but who's to say this next launch won't be different.? Avanti seem to be chasing the right markets lately so it could lead to a more positive outcome.
Whatevers happening behind the scenes at AVN, i have to say after all the drops and lows this rise is certainly a breath of fresh air. Maybe the long awaited business plan is finally coming together. Big time contracts to be signed possibly..watch this space.
Good link djframboise, Sure not dead yet, if only Zincox can find more companies that produce EAFD for them to treat then this could still be a success, The technology is there and its unique, so hopefully things will improve in time, Its just identifying the right markets etc.
Well theres a nice little rise for Avanti, and no RNS to go with it.. Maybe someone knows something we don't, or would it be that the sales team have made some success in those remote areas around the globe where AVNs technology is needed most., and haven't announced anything just yet. Europe, Middle East, Africa, not to mention South America.
Based on the engineered economics for the initial 1,384 net acres at Mesquite, Nostra Terra believes the field can generate 2,400,000 barrels of recoverable oil (Estimated Ultimate Recovery, "EUR") Now that does sound promising, lets hope NTOG can deliver on these forecasts and estimates.
International Energy Agency April 20, 2018 4:21 p.m.
Oil prices have rallied so far this year, as OPEC-led efforts have helped erase a big global surplus. Now, the market may soon face a shortage of crude supplies that would support further price gains.
Stockpiles of the commodity among the industrialized nations that make up the Organization for Economic Cooperation and Development stood at 2.84 billion barrels at the end of February, only 30 million barrels above the five-year average, according to a report from the International Energy Agency.
“The global market has tightened considerably in recent months,” says Matthew Parry, head of long-term research at research consultancy Energy Aspects. The Organization of the Petroleum Exporting Countries is “very close to achieving its originally stated aim of bringing OECD stocks back to parity with their five-year average.”
“What we are seeing happening, and will occur much more frequently going forward, is that one-off [supply issues or threats] will start to have a more pronounced impact upon prices,” says Parry.
Well its a positive one then, 2.5 million barrels of oil in place sounds good if it does materialise, also it could initially deliver 200-300 bopd, which also sounds promising, this will help the sp climb higher, the only thing holding oil companies back is that oil prices are being kept down as U.S. and Saudi governments have agreed to keep prices low., but on the other hand OPEC are cutting production may push prices up, so who knows which way thisll go. It is a bit of a waiting game...
Telling it how it is; Im positive about the MOU's, Im positive about the distribution agreements. Im positive about the impressive infrastructure Avanti owns, But Im negative about that enormous debt mountain Avn also owns. Let 2019 be a year of change!
Yes its a red or black one here. We've had a few MOU'S and distribution agreements, but we really need to see some good hard contracts being signed, bringing in some real revenue that Avn desperately needs. Ive red that African operators like to act after the end of year, so lets wait and see if 2019 ushers in a new era for AVN.
Ive just checked the link, Did you notice the words on the blackboard, 'HIGH FRUITPUT BAR', like Avantis HighThroughput service. How fitting. Id order a juicy share price if they have one. Or should i try another bar?