Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
How many shares would s4 capital have after merge???is it 255 million or 2.5 billion...???? If the Acquisition completes, shareholders of S4 Limited will receive 241,285,077 new ordinary shares in Derriston (the equivalent of 2,412,850,770 existing ordinary shares). The number of consideration shares was calculated from a see-through Derriston placing price of 10p per existing ordinary Derriston share.
Home::Regulatory News (RNS)::Signs MOU with PT Pertamina and SiemensBookmark this page Regulatory News Signs MOU with PT Pertamina and Siemens Wed, 18th Oct 2017 14:24 Andalas Energy and Power Plc - Signs MOU with PT Pertamina and Siemens PR Newswire London, October 18 Andalas Energy and Power Plc (‘Andalas’, or the ‘Company’) Signs MOU for Development of an Independent Power Producer at the Puspa Field with PT Pertamina Power Indonesia and Siemens AG Andalas Energy and Power plc (AIM:ADL) is pleased to announce that it has signed a memorandum of understanding with PT Pertamina Power Indonesia (“PPI”), a wholly-owned subsidiary of PT Pertamina (Persero) (“Pertamina”), and Siemens AG (“Siemens”) regarding the development of an independent power producer at the Puspa field in Sumatra (“Puspa MOU”). Highlights: Andalas, PPI and Siemens agree to jointly pursue the development of an independent power producer at the Puspa field in Sumatra. The Puspa field is operated by PT Pertamina EP (“PEP”). Establishes the basis to: engage project partners; negotiate and agree further project agreements with all stakeholders; secure gas from the Puspa field; generate conceptual development plans including an electricity demand analysis, a load flow study, a site identification study, identify and select gas fired power generation technology, and identify and select an engineering, procurement and construction contractor. The parties have agreed to bear their own costs and to share all agreed third party costs, equally during this phase of the project. The agreement includes binding provisions relating to the joint pursuit of the project, conditions precedent, exclusivity, costs, term and confidentiality and non-binding provisions relating to the objectives and execution of further agreements and joint committees. It is for a term of 24 months and subject to all necessary approvals and finance. The Company will make a final investment decision (“FID”) after the project has been included in the RUPTL and the Company has completed the work program outlined above, obtained various licences relating to the facility and transmission lines and negotiated the final agreements with other stakeholders including the consortium members, PEP, PLN and lending institutions. The third party costs to Andalas during the development phase are expected to be modest. The material costs of the project relate to the capital costs of the power plant, which will only be incurred when the project achieves FID. David Whitby, CEO of Andalas Energy & Power, commented, “The execution of the Puspa MOU establishes our first joint project with PPI and Siemens. “Pertamina has recently completed an appraisal program on the Puspa field. The proposed IPP would enable Pertamina to commercialise the field. Andalas’ preliminary assessme
Home::Regulatory News (RNS)::New IPP Project Gas Sales MOU and Joint VentureBookmark this page Regulatory News New IPP Project, Gas Sales MOU and Joint Venture Mon, 27th Nov 2017 07:00 Andalas Energy and Power Plc - New IPP Project, Gas Sales MOU and Joint Venture PR Newswire London, November 26 Andalas Energy and Power Plc (‘Andalas’, or the ‘Company’) New IPP Project, Gas Sales MOU and Joint Venture Andalas Energy and Power plc (AIM:ADL) is pleased to announce that it has signed a gas sales memorandum of understanding (“Gas Sales MOU”), with a private Indonesian company, for the supply of gas to a new independent power project (“Sumatra-1”) and commenced discussions with the Indonesian national power company, PLN, regarding procurement of the generating capacity. Sumatra-1 will be co-developed with PT Sinar Era Gemilang (“SEG”) in accordance with a newly signed joint venture agreement with SEG for the development of independent power producer (“IPP”) projects in Indonesia. Andalas and SEG have undertaken preliminary grid stability and demand studies for a 40MW IPP at Sumatra-1. After preliminary discussions with PLN, Andalas and SEG have agreed to prepare and submit a written proposal requesting PLN commence procurement of the generating capacity which would include negotiation of a power purchase agreement. The terms of the proposal will be refined after further discussions with PLN. Simon Gorringe, CEO of Andalas Energy & Power, commented, “The Sumatra-1 IPP represents further solid progress. It not only develops and strengthens our project portfolio of IPPs but also diversifies operational and counter party risk, being our first non-Pertamina project. It also underlines the potential for IPP projects in Sumatra, where there are available gas resources, experienced development partners, accessible grid infrastructure and power demand. “Our joint venture with SEG will bring significant benefits to both parties. SEG’s understanding of the power market combined with our understanding of the gas market enhances our ability to identify and secure further power projects and we expect it will reduce third party development costs. We expect the joint venture to be a nimble decision maker able to deliver outcomes against short timetables.”
Ipp yet to be priced in...if that gets approval we will be 50 million mc in no time...
Starting to move could easily do 300% in 1day...gla
When this rerate it will big time 10-15 bagger easily....gla
Yes i bought £3688 and £4888 are both mine...
Its warming up to something big i reckon...
This will fall back very quickly
Boom why would they grant shares for both projects when they had cash..they love delution like whitby shity
Cant see short term revenue from both of these project as simon was talking about...
Briliant results...
They have reduced thier holding from 10% to just over 4%...
Soon we should start having good time as shareholders...gla
Rns on monday....!!!
Still holding over 100 million...gla
Lets see what next few months brings...gla
Some more just now...well over 100 million now...gla
Expect this to be between 0.10-0.15 within a month...lets see gla
Everything comes to you at the right time so be patient and trust the process...