Member Info for Orange33

Remember playing with this back in the 80p+ level, this truly unlocks value now and can see this at £1.50 - £2 over the next few years

You only need to look at the 40p ish eu investment a few years and see where this heads, seems to be the chart level too

All in my opinion

Not sure why the negativity, defence isnt going anywhere, one off impairment but extended sharebuy back, no reason this doesnt head back to £5 later in the year

All IMO

Just looking at the metrics here, its by far the most undervalue company in the market, i remember it catching my eye at around £1.50 thinking this could double in a few years on recovery, but its a ridiculous price now

Have cash, refinance not until 2026, cost savings, improving outlook etc

Spruce giving a a steal of a price....MS added recently in the low £s

The huge trades around here suggests the sellers more or less finished

All IMO

Mark my words, but calling £1 in H1 25

All IMO

Seen this play out before, strong drilling results - albeit stimulation line gives market a few jitters (despite not being conclusive eitherway) although if you look at the trades, it seems like a large seller with general positive market sentiment.

Market completely misses Hydrogen discovery (i've ready somewhere probably worth at least 10x more than mcap), then market piles in on positive move up - just be patient and watch the re-rate

It'll be significant

All In my opinion

Would not be surprised to see this at sub 50m mcap before long, demand fading too fast

No wonder the gaffer bailed

All IMO

We believe Hyamtec represents significant but unrecognised value to our shareholders, and we have a clear programme to develop and demonstrate our world-leading capability through partners and early-adopters.

We are pleased that the new UK Government has progressed several funding and policy measures that are favourable to our corporate objectives. These include the creation of the National Wealth Fund, capitalised with £27.8 billion, especially with green hydrogen, ports and green steel making up three of its five priority areas. The new Industrial Strategy Green Paper confirms that Advanced Manufacturing and Clean Energy Industries are to be among 8 sectors identified with "highest growth potential". The Government has also progressed £22 billion in funding for the carbon capture schemes in the north of England, and the Budget re-committed funding for the 11 HAR1 green hydrogen production projects.

Suspect it heads back to 20p over the coming weeks.

All IMO

Looks like a breakout back to 15p placing price at least, solid update

All IMO

Happens all the time, markets pick up on lower end and assumes it’s a duster

It’s 131 bcf confirmed, favourable budget and only £6m mcap?

Expecting 7-8x from here over the next several weeks

Broker note will be interesting

All in my opinion

Dont think the market has caught on yet, but possibly the overhang has been cleared too

3m ish mcap, hydrogen as per budget placing was at .05

expecting year highs over the coming weeks

All IMO

About time this moved.... jumping 10 years ahead and circa 35m and 15m annual profits....?

even a 20x from here isnt unreasonable

All IMO

Profit take when theres at least 10x up side at 7m mcap? when 160m gas column was hit with shell and dana involved?

just wait the flows

All IMO

My guess is if selene strikes, then Shell/dana will take up the rest for £75-£100m, then delt moves onto other pastures

All IMO

Did say it'll breakout, should be at least around 22p levels if you take an average 4x reward on flows, but much higher really considering:

Bear in mind they just hit a 520ft gas column and the drill is worth £100m itself, completely silly to be at these levels

All IMO

Suspect a run to double digits before flows,

broker note is 88p if selene lands

All IMO

I dont disagree, but its all in shell/dana's hands right now, looks incredible risk reward

Suspect people missed this part:

The Shell operated well reached its total target depth of 3540 metres on 17 October 2024 and encountered a 160 metre thick section of Leman Sandstone with gas present throughout.

why this isnt 5x higher is beyond me.....legacy issues aside, Sneller's overhang looks done too

All IMO

Looks like some accumulation after the discovery - obviously pending flows but, should be nowhere near down here

Valuation: We are leaving our valuation unchanged at 88.0p/share of which Selene

accounts for 79.4p/share. If Delta is unable to extend the Syros licence, as seems likely,

this would have an adverse impact of 2.87p/share on the fair value.

Looks like some accumulation going on too

Look at the mcap rather than SP, risked basis is £1, but see the mid point unrisked, upside is incredible

looking for at least 5-10x from here before drilling

farmout in advanced discussions too, so any time now

All IMO

Just had a look at the assets, no reason why this should be nearer £70-£100m mcap

Most undervalued share in entire market

All IMO