Oliver Hasler, executive chairman of PYX Resources, presents 1H24 Results. Watch the interview here.
We are under the jackboot of the watermelons now, they don't even have the spine to support our own O&G licensing system. Right now I can't stand this bloody place!
https://en.m.wikipedia.org/wiki/Rosebank_oil_and_gas_field
There didn't seem to be any price action reason for it. All that it achieved was to unsettle the emotional types, cause concern for strong holders and yes allow a few to feast on a bargain SP?
Hopefully there will be some calm analysis over the weekend.
FailandMoan
It's just an opion you blob of slimemould.
Technical delay
Ambiguous result (requiring more testing or extra wells ie MONEY).
Total fail
If they are delayed why not update the sheeplets?
Technical delay
Ambiguous result
Total fail
I'm speculating that one of the above is or has occurred. No evidence in price action to suggest otherwise!
'describes the stock as a mis-priced call option'
Pure nonsense, geopolitically stranded. To be open though it is worth a micro punt. I think RKH's EIS will fail but just my opinion: probably can be remediated though.
630 Bcf Methane equates to approximately 105 mmboe, obviously it is a standardised equation as each oil reserve has an individual chemistry and hence differing thermal energy potential.
I'm no McJimmy23 but if 630Bcf can be proved then CHAR/ENOG have something, while not stellar, easily commercial dependent on gas pricing. Morocco is dependent on LNG arriving at Spanish ports and then exported via the Enagaz network. This has been the case since late 2021 when the Maghreb Europe Pipeline ceased operations due to ongoing political difficulties between Morocco and Algeria after the Sand Wars in the mid 1960's.
If we have one commercial find then it is almost certain that there will be others within the greater Rissana licence.
Chariot have an agreement to connect Anchois with the MEP, PRD do not (but may do soon and are more proximate to the MEP). From memory Sound have a plan, SDX cannot due micro discoveries.
I think Chariot owes me about 4.5p now, steady as she goes...
Plenty of potential upside in Lixus alone, a few mackerels, a turbot and another species which doesn't translate. Anchovy may be just the starter.
The problem CHAR has is the perennial one, how do they raise capital and hang on to a material tranche of plays, prospects and discoveries?
Good practise for the nerves, all this haha.
Rumble I've got them down as v high risk investors here but they can afford it! There can be little doubt that the majority of their wealth is sensibly managed...
Either way, great day for traders but yet another reminder, if one were needed, that mini E&P shares/SB's/CFD's etc are for
The asterisks are due to p-a.-r.s-ing a word in common use.
tricky one, there are many news sources which p**** information and collate such information. then of course it is translated which in itself can create errors.
uncertainty exists but i'll go for 4-1 that it is guff. we shall soon find out!
There is a real need for clinical intervention for a few on here...
The Overseas Territories are, to a large degree self governing. This is a complex issue so I suggest some research?
What no one has grasped is that all subjects, companies, organisations (including environmental ones) have recourse to the highest of courts i.e the B.O.T equivalent of the Supreme Court.
I have already and quite patiently explained that the Judiciary Committee is staffed by our own, home Supreme Court Justices!!
Either three Supreme Court Judges for most Overseas Territory matters and five for certain cases.
LOOK IT UP! Not hard jeeeez...
Fairly typical response, a few paragraphs on a complex and grey area (hence why we have the legal profession) and a full dummy spitting episode is evoked. Paranoia too, why on earth would a chap want to 'scare' someone into selling?
Literally batsh*t mad.
Anth you are clearly a very emotional person, nothing wrong with that but for you to dismiss a very complex picture with a simple 'No'.
What I discovered yesterday is a very complex relationship between His Majesty, his Privy Council, the Judicial Committee (populated with Supreme Court judges), the legislature, Crown powers and recent cases which have set precedents.
I do not know what the answer is however GeldSchmidts speech was really about UKEF. In the RKH case it was glaringly obvious that UKEF support would not be given. I jettisoned ALL my shares and bought them back, now reduced again.
Still have a tiny exposure to the FI but that is it.
Incidentally and writing as a (not very good) investor I have learned the hard way to evaluate as many negative scenarios as possible.
Good effort Phil but you at least ought to know that final decisions in regard to the law are the responsibility of the tiered court system. A few examples straight from memory.
UKOG, Horse Hill. Terminated.
Island Magee Energy, court of appeal negated a licence issued by the First Minister of Stormont. So it made no difference that a senior politician (think Mr Goldsmith) made a statement, no doubt prepared and checked for him.
Boris Johnson, prorogued parliament but Mrs Remoaner won her case against HMG in the court system. ALL the MP's had to put their rent boys, bottles or copies of the Socialist Worker down and slime back into the swamp. So the Prime Minister had his decision squashed by HMCTS.
More amusingly, a fish and chip shop owner from Billericay took his private land parking ticket all the way to the Supreme Court, lost. That set a precedent for the list of outfits run by little gitweasels who occasionally catch we, the motorists, out.
Phil, Gus
My point is that subjects and organisations have ultimate recourse to a court, based in London, staffed by existing members of the Supreme Court Judiciary.
Answers in the house are not religious edicts, Lord Goldsmith has form...all legislation can be tested by law. This is how the separation of the legislature, judiciary and Crown powers function in our society.
No subject in the Overseas Territories is marooned from the mother ship.
Let's hope the Sand Heath Jet Robinson works, I rather suspect that it is working well.
If there was any doubt surely PRD would have raised before testing?
In that sense you have good reason to be positive I suppose.
Phil the Overseas Territories are in sub-groups but all, as far as I know, while self governing are not mini nations but have legal recourse to the equivalent of our home Supreme Court: in fact the Judicial Committee consists of selected Supreme Court judges, in most cases three judges but in certain cases five.
As I wrote, it is not certain if a precedent set by the home Supreme Court is applicable to the Overseas Territories.
Don't think it would be too hard to research but unfortunately we have a hard left government installed now so any parliamentary questions 'late last year' are irrelevant.
Finally the pieces may be coming together???