That's ok WW why would I worry about YOUR estimation of me going down the pan as it wouldn't bother me in the slightest what you think of me anyway.
What does bother me is you continuing to mention a statement that I clearly never said so for my sake and everyone else's please stop stating something that is NOT true as it's starting to get boring for everyone here.
I know for a fact I never said that for the 3rd and final time and I know you won't be able to show proof as I never said anything like this....
"state something along the lines that you had checked about the contract & you where happy".
Yawn.....
This is what you stated earlier....
"in your email you did state something along the lines that you had checked about the contract & you where happy, who did you check with ?"
For the second time that is not the case at all end of. Plus it doesn't matter who I spoke to it's all there in the RNS for everyone to see...
Try again WW nowhere did I ever mention anything about contracts having seen or checked them. If anyone said that it certainly wasn't me but considering the number of posts that have been deleted this weekend take your pick as to who it could have been.
"in your email you did state something along the lines that you had checked about the contract & you where happy, who did you check with ?"
I think you must have me confused with someone else.... perhaps that was SBP??
Quite frankly couldn't care less about posts being deleted - I know what I said and what others did as well as those who read them. The fact that one of them got 8 likes means nothing when just 1 or 2 disgruntled individuals reports them and they get removed. I think we know which side those shorters are on err I mean posters lol
So Mr MintedbyNuog with a grand total of 67 posts -
who cares what percentage I'll still be holding in say 6 months time. So almost 5% is currently worth £160k but soon 3% could be worth 300k once SP is back to around 0.5p.....
Looks like it will be done on show of hands at the GM next week which I'll be attending and voting in favour of.
"voting on all resolutions will be
conducted by way of a show of hands, unless before or on the declaration of the result
of the show of hands, a poll is demanded by the chairman or at least five members
present in person or by proxy and entitled to vote or by a member or members entitled
to vote and holding or representing by proxy at least one-tenth part of the total voting
rights of all members having the right to at the General Meeting."
Can see positive newsflow here in very short term, forget the daily fluctuations any buys in the .2s will seem extremely cheap soon.
Why is it that everytime the SP drops certain poster's say thing's like "where's that mcadder he's gone awfully quiet" or words to that effect? I'll tell you why because looking over at advfn it's clear that a boiler room team were hard at work preying on the weak to sell up and to a degree they did achieve that. There are probably those on advfn with lse accounts doing the same here but to a lesser degree.
Thankfully I'm not one of the weak who would take a blind bit of notice of their incessant ramblings. In fact I actually bought another million today at 0.187 before the climb back up.
I feel sorry for those who bailed at 0.18 but it just goes to show that sometimes you should listen to no one else but yourself.
Some of those lowlife posters disappeared as soon as the decent buys started coming in. Says it all really.
GLA....
Haha....I sincerely promise to only post on 10%+ days from now on. Or maybe I just promise to post whether we are up, down or flat because I simply have no agenda. That sounds more like me because my intentions are genunine ;)
When you actually have something constructive to offer instead of "yada yada yada", "giggle giggle giggle", "load of guff", "can you smell it" etc etc then I'll give you a sensible answer which I'd say is pretty unlikely judging by your posting history....
https://oilandgasuk.co.uk/ukcs-decommissioning-costs-unveiled-in-flagship-industry-report-2/ 17th June 2019
“The UK is a first mover in the decommissioning of complex, deep-water oil and gas assets and the industry must seize future opportunities in the global decommissioning market.
“This includes the development and deployment of CCUS (carbon capture, usage and storage), building on the re-use of offshore infrastructure, industry geological expertise, and utilising the skills and knowledge of our supply chain.”
Just give us a quick summary if you would of the partnership (Petrofac)
"We've actually been talking to Petrofac and even working with them for a while now so from our perspective it was great to get the announcement out, to get the agreement finalised and be able to talk about it more openly.
Obviously we've announced previously collaboration agreements with Marnavi and Siemens and we're working closely with them on different aspects, and it was great to bring in Petrofac who obviously also recognised the value of 'Gas to wire' as a means to extend the life of offshore gas fields in the UK. They obviously bring huge capability and in experience in operations, in offshore operations and that really is the final element that we need to secure and deliver project's.
It doesn't concern me whatsoever but in fact reassures me about the Petrofac announcement. What she said Royscot if you listen is that they've been working with Petrofac for month's and this week they were in a position to release news of the collaboration.
So clearly for several months a number of project's have been pursued probably with involvement with not only Siemens but also Petrofac which reassures me greatly.
Revenue generation will not be a 3 year wait - revenue will begin to be generated immediately from announcement of each project as well as overseeing it way before actual revenue generation from electricity generation.
https://www.cbc.ca/news/canada/newfoundland-labrador/doubling-oil-production-1.5181134
CBC
news
Nfld. & Labrador
Oil and water: N.L. tries to balance economy and environment — to mixed reviews
Province says it's doing a lot for the environment while pushing goal of doubling oil production.
The message from the provincial government at this year's Noia conference is clear: the province wants more oil development. Lots more.
"I assure you the future in our offshore has tremendous potential, and we are working hard to make sure that we can realize that potential," said Premier Dwight Ball to the audience at the Newfoundland and Labrador Oil and Gas Industry Association conference.
It's not that the marginal gas fields in the SNS are actually valueless as you put it - more of a case that plenty of gas is still down there but the operator no longer considers what's left economical to recover due to a lack of gas infrastructure to the grid. Plus as a few gas fields within one cluster shut down it makes the remaining fields less economic to operate along with the dreaded decommissioning costs that follow.
Current estimates are that 2.8 Trillion cubic metres of gas still remain in the SNS gas fields and that just one GTW project could power up to 50,000 homes.
The MFdevco consortium has a unique insight into these marginal fields along with access to the technology and know-how to package previously uneconomic fields that would normally be P&A'd into profitable energy project's.
Plus any chance of operator's being able to defer decommissioning costs if a way is found to extend the life of these gas fields is an added bonus. The OGA and govt actively support extending the life of these assets and will only allow them to be P&A'd if it can be shown all potential avenues to extend their life have been exhausted.
Your opinion of course re timelines but just like SBP I simply do not buy the argument that Nuog and Mfdevco will be waiting 3 yrs for revenue from production with GTW.
Not only are Mfdevco well placed to deliver packaged repeatable project's (bearing in mind once first one proven up other's should follow) we also have the support and expertise necessary to pull it off without having to wait a lifetime this time. All imo of course.
Well SBP if you really think that come back in 3 yrs time as you obviously think it will be that long before anything game changing happens with the company or indeed the SP lol.
In the meantime some of us on here will actually take the link up with not just Marnavi and Siemens but now Petrofac as a big positive and the sign of a turning point in delivery on GTW.
Remember in Simon's recent interview he said for shareholders to look out for the signs of progress towards a deal? Well I would say today was yet another sign of that.
Do you really think that Siemens and Petrofac would sign up and be happy to see no concrete progress on GTW for the next few years? Trust me progress will be brisk now especially given that these project's are intended to be packaged up ready for delivery. Plus any OGA approval required would be fastracked due to the big push by the govt for decarbonisation of the grid and cleaner energy sources. With infrastructure already in place the hook up from those marginal gas fields to the wind turbines could be done quickly also. So your years away prediction is way off the mark imo.
Given that Mfdevco have been working on GTW since Q4 of 2018 I expect all the hard work to date to start paying off and today is just one milestone of many that will be reached.
You make it sound SBP like Mfdevco have only just started looking into the GTW concept when that is clearly not the case. Being involved in the concept since last year will no doubt have given them first mover advantage hence why Siemens and now Petrofac want to be in on the action.