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qbt ffs is that dog still running.

well don't let us keep you, off you ****

NT to buy

Lenigas has made plenty of money in the past, it's just the shareholders that invariably get screwed

Should get news before asx open

The conrad trading halt expires after today so news should come shortly

Fair play Bossman, I admire your dilligence.

I'm interested in more detail too, but given that this will be the first time they have delivered anything at this scale, I wouldn't be surprised if financial projections contain so many assumptions that they're not really meaningful enough to share with the market. Also this is a growth story and you would expect improving financials with subsequent roll outs as efficiencies and lessons learned are incorporated into operations.

So in the absence of hard numbers it is still a bit of a punt so for me it's about getting the size of my investment at a level I'm comfortable with, given the risks. But, numbers aside, I have a really good feeling about this one based on all the other positives we've seen, haven't put my shirt on it so happy to just let it ride for a few years.

I don't recall the source but 40% margin has been mentioned somewhere.

We might have to wait a while before we have a clearer view of the bottom line. Part of the reason the shares are at the current level.

The transition to net zero involves upfront investment costs passed to consumers now, but expert analysis overwhelmingly indicates that a successful transition will lead to lower, more stable energy bills in the long run compared to continuing with a fossil fuel-based system

AI: Conrad Asia Energy and Empyrean Energy are joint venture partners in the Duyung Production Sharing Contract (PSC) in Indonesia, which includes the Mako gas field. Conrad is the operator of the field, holding a 76.5% interest (expected to increase to 91.5% after a transaction with Coro Energy is completed), while Empyrean holds an 8.5% interest.

Mako Gas Field Values

The Mako gas field is a significant asset, and its key values and metrics are:

Total 2C Contingent Resources: The field is estimated to contain a gross of 376 to 413 billion cubic feet (Bcf) of 2C contingent gas resources (a "best case" estimate).

Net Attributable Resources to Empyrean: Empyrean's 8.5% interest equates to approximately 20.8 Bcf of net attributable 2C contingent resources.

Net Attributable Resources to Conrad: Conrad's current 76.5% interest (expected to increase) is associated with 192 Bcf of net attributable resources, rising to 231 Bcf after the Coro transfer.

Monetary Valuation: A specific, fixed net value is not publicly stated as it is subject to ongoing negotiations and a Final Investment Decision (FID). However, a May 2023 independent expert estimate suggested a contingent resource valuation of approximately US$266 million net to Empyrean based on a specific report, though this is an unrisked value and contingent on project progression.

Yes and it's a great story that will unfold over the coming weeks and months. That's why it will pay to be in at the begining, if you wait until the story is told then it will be £1+

no wonder this country is going down the ****ter - people have given up on factual information in favour of trite slogans that chime with their prejudices, willful ignorance

Fortunately we have objective assessments of global healthcare systems, performed by experts, that rank the relative merits across a range of metrics.

So we don't have to rely on simple-minded anecdotes loaded with assumption and bias for our information, we can be well informed and look at real data to help make rational judgements on one of the largest, most complex organisations in the world:

https://www.kingsfund.org.uk/insight-and-analysis/reports/nhs-compare-health-care-systems-other-countries

Good buying point:

https://invst.ly/1d6t9o

Good lord Stanleyb, your knowledge of how energy markets work is abysmal, it's almost as if you've got all your information straight from kGB News. You must be proud of your ignorance to display it so confidently.

"There's a lot of us."

Mass delusion, quite a thing to behold

" The worst bunch of clueless morons I have ever witnessed."

Can't say I'm a fan but you must have been asleep for the past 14 years if you think they're the worst

GEX is a day trading share, up and down by 50% in a couple of hours on the last 2 ramps - avoid like the plague unless you have fast fingers or enjoy being impaled on a spike

KGB News and the UK's useful idiots, tragic

Quite a big spread so they're just flicking the price around within that to try to make a market, the actual buy/sell price probably not moved at all

There's an offer on the table for 30p so holding at 25p isn't mad at all

Sure they won't distribute the whole lot but it's still the equivalent of 2.5p per share comig in to the company