Member Info for ocelot

Https://www.theguardian.com/environment/2023/jun/02/network-of-geothermal-power-stations-could-help-level-up-uk

with thanks to SurreyLad on the Angus board

On p18, The Times reports the handing to Sunak this week of a report on the potential for deep geothermal energy commissioned by Johnson in 2021.

On p18, The Times reports the handing to Sunak this week of a report on the potential for deep geothermal energy commissioned by Johnson in 2021.

https://www.geothermal-advancement.com/foundingmembers

"to widen its investor base and further enhance the company's profile on 'the international stage" (from the Times's market report).

But CWR's market cap is approaching £600m, so Angus still has some ground to cover.

:-)

Enjoy your weekend, too.

National Grid Plc’s system operator is seeking to speed connections to the UK’s power network, prioritizing projects that aren’t bogged down by issues including financing and planning delays.

If generators aren’t making progress toward their projects fast enough, they’ll be asked to move backward or leave the queue, the Electricity System Operator said in a statement ...

There are about 220 projects due to connect to the country’s transmission system by 2026, representing about 40 gigawatts of capacity, according to the system operator. However, only half have planning permission and some have moved their connection dates back by as many as 14 years ...

https://www.bloomberg.com/news/articles/2023-06-02/uk-power-grid-will-boot-slow-projects-from-connections-queue?srnd=premium-europe&sref=Em01M8Hr

Pardon my ignorance but what does "F and B" mean? Google comes up with Food and Beverages.

Agreed, billy101203.

Until they have assessed the potential of the relevant zones, it is all a matter of speculation.

And the objective:

"... to date, tests have not yet been able to assess the potential of the zones associated with the 12 hours of strong crude oil odour and oil at surface as previously reported on May 3(rd) , 2023". (RNS of 23/05)

AME ... are now working with the sole licenced perforating gun provider in our operational area of SE Turkey to source the required equipment.

A further update will follow when the date of testing operation resumption becomes clear. (RNS of 23/05)

Https://drillordrop.com/2023/06/01/date-set-for-balcombe-v-gove/

There are some who believe that, once you have bought a stock, you are not allowed to trade any part of it.

To do so is to indulge in "swing trading" which, for some, is a sin.

We are heading into areas more appropriate for religion than for the stock market.

The evening Push2 was hounded off this board was one of the most unpleasant I have witnessed on these boards.

For myself, it made me think of a lynch mob.

Just to make a very obvious point: UKOG wouldn't engage in additional costs if it didn't believe benefits might flow from those costs.

Cost benefit analysis.

The additional costs are upfront, let's hope the benefits flow soon afterwards.

A reminder that UKOG raised funds in September about 2 months earlier than the deadline it had indicated, of mid-Q4.

Confirmed. No 7" perforation guns easily available in Turkey.

Also from that presentation, the headline on p5 says a lot in a few words:

"Large-scale gold discoveries within the Clogau mine".

Expected to be flown in July 2023 to refine targets" (in the Dolgellau gold field). (p7 of the AGM presentation)

May be hearing more about this in the near future.

https://www.albamineralresources.com/wp-content/uploads/2023/05/20230526-Alba-AGM-FINAL-1.pdf

"Angus is focused on becoming a leading player in the aggregation, production and storage of energy".

It is there in their summary presentation of themselves, "About Angus Energy plc", at the bottom of their RNSs (most recently, that of yesterday, 30/05).

"a leading player in the aggregation, production and storage of energy" means a market cap ambition much higher than £100m.