Member Info for Olearney

Disclaimer: Not a chemist or a thermal dynamics engineer

fd20 hydrogen is not the ideal green energy, to put the discussion on a fair footing

Blue hydrogen

Steam plus methane(Natural Gas) = Hydrogen plus CO2

Green Hydrogen

School chemistry

Electrolysis of H20 = Oxygen + Hydrogen

Lot of energy needed in blue generation. I suppose equally for steam generation. Hydrogen is, if I remember correctly, a global warming gas. Leaks as with Natural gas pipe network are inevitable?

Do not know efficiencies of these processes.

Yes investment is being put into hydrogen production but assume it is blue not the green type. Transitional?

Not arguing just adding balance, I hope.

Threw not through

Government introduced ESIM. Potential Goverment has also signed up to its continuation

So try not to be too down on NS future, we can only wait and see. Maybe the calling of a snap election through a humongous spanner in the works did not help.

Just my naive view

The lengthy quote from manifesto mentions support for the ESIM.

Briefly reading about ESIM suggests that the govt will facilitate the obtaining of finance in support of oil and gas exploration in the UK continenal shelf. I think existing and new exploration. (All my words)

So manifesto says no new licenses but will support the ESIM. Disclaimer: tis but a manifesto.

So, we either disbelieve both or we accept both.

I, like others, am prepared to be shot down through lack of knowledge, not having read the whole manifesto or through lack of understanding.

GLA I hope

I am not here to argue.

No doubt you are right

But fools like me can be right too.

I am but an ol' learner.

I respect your views

A manifesto is just a manifesto is just a manifesto.

Many governments have not abided by what they say.

Its an offer to vote, a salesperson's hype or incentive to get you onboard. I suppose a bit like a share offering, no guarantees.

Nothing legally binding. We will need gas and oil, perhaps GB Energy will issue licenses. Not the government in waiting. The grand We does not cover others issuing. It is all about what is not said.

Time no doubt will tell. A fool and his money is soon parted so I topped up today.

GLA

So why are we still talking on Shell, Deltic and other boards? OR even throwing more money at it like Shell and others?

Because we know we are going to lose all our money?

Because we know oil and gas are here for decades ?

I know which I believe. Dyor

Interesting deltic includes in description 'mining'

At least they acknowledge they got Pensacola wrong. No infrastructure.

I wonder if Mr S will have the smirk on his face?

At least they have refocussed onto areas with infrastructure and similar to Selene. I may reenter at this price - born a fool, always a fool.

I agree the options 5 and 6 tend to be standard fayre in special resolutions.

I think that if they had specified share issues to the level or equivalent of 15m then it would be giving the game away that a rights issue was on its way. But what do I know, I accept being wrong.

Still believe Deltic will get deal done and perhaps the 33rd,was it second, tranche may play an important part of a deal. Not ramping and not an expert, just a positive learner.

Damn its not the 4th July but got bored with election waffle.

Level of discussion had taken a turn for the worse.

When we survive I will make comments after 4th July

Bye bye all interested in Deltic parties.

The ORCA 'deal' is provisional, there is a date in December for agreement

And a statement that says it might not come to anything- my words but copy and paste RNS if you need to.

Just a bit of perspective on the rosey old tints. FWIIW

Read and listen to the latest video ON waste tips.

Expect a fund raise soon, nah joking

More good news from waste

Anyone watched and read the latest video on the waste tips findings.

Seems like good news but need to read in detail.

The BBC article on EPL being raised to around 75 perecent mentions that "generous investment allowances would be retained to encourage firms to continue investing "

So not all doom and gloom and it is for exceptional profits due to the increases in energy prices due to the things we all know of.

If prices fall of oil and gas then a formula is applied to disapply the levy. My simple interpretation. Dont know if it is profits only made in UK. As others say lets not go there with EPL.

As we Deltic are not making profits and I think carbon neutral then we are, I think, in a good position but struggling at the moment. I think Swindells is a canny lad but am prepared to cry if need be. I like to be foolishly positive thats why I bought at 21p ish a short time back that was listed as a sell.

Cuckoo enjoy the good time.

Cuckoo

I know nothing about investing but you take a risk on your own merit.

I bought a Zimb goldminer then they said consolidation so bought some more.

Price has at least quadrupled but off its highs.

Fingers burnt but hopefully you are still invested here for the future.

Just a thought, would it not be a coup if BP stepped in?

I am a half ship empty rather than a half ship full of water.

GLA

I do not intend selling.

I do not fear share consolidation

BUT I would be disappointed by someone buying deltic potential cheap and our BOD being given positions on the buyout company.

No point worrying just let it ride.

Yup, I remember it well.

When you need him

Not wanting to end up cuckoo but the new licenses are highly important.

If Deltic have the ability to find gas in, if memory serves, unexpected geology then they have the expertise to find it again. That is they applied for licenses well before the findings at Pensacola had been released, some would say that is good practice others would say very canny

That is the basis of my positive view but am seeking confirmation or refutation that it has value. Now where has Exploration disappeared to? I have always enjoyed his contributions.

And also yours Dr P which are very even handed.

Hello

I am new to Deltic and wonder how close the newly awarded licenses are to Pensacola? Is the geology the same.

I am ignoring bad and trying to focus on potential, though I do see the Final Results mentions Going Concern. But assume that is standard financial stuff.

Hi all

Aa aNewbie interested in what Alba is doing or going to do the use of Clogau 400,000 whatever is only a wet finger in the air. As far as I know. It is not a measure of known reserves or potential reserves. But I could be wrong, as always but willing to learn.

Plus the stockpiles of waste? Would they be the rock removed whilst following the quartz veins because you cannot just send a small person along the vein?

Is there any evidence that the local rock also contains fines like in alluvial mining can?

Newbie naive and not knowing much but willi g to learn.