Member Info for pawnsacrifice

Pretty sure Johnson's sold the country to bill gates and the rest of the vaccine cartel after politicians bankrupted us all giving our cash away to bail out the bankers.
These shots and booster shots should be looked at as dividends/debt payments for their shareholders benefit thats all and with Johnson and gates setting out their green ambitions yesterday oil and gas and cheap energy are screwed.
Prepare for more pensioners to die of fuel poverty this winter, oops sorry meant covid of course.

nackyard should probably read backyard. oops.

It wasn't the "not in my nackyard" brigade today though.No complaints from anyone anywhere just green communist s in office determined to cripple the country so as to usher in their build back better police state.

Not aimed at you JAMESY, quite sure you didn't invent the slur but no such thing as climate change denial thats a stupid term made up by global warming alarmists who have over the years seen one warming prediction fail after another.

Bought time too. Far too cheap with the upcoming farmout and present oil price. Making the UK traders look bad.

BBC ran a piece on this trial a month or so ago, different play to DCTA's these are using raw graphene whilst DCTA's utilises unrecyclable plastic by the ton as well.

Thanks for posting JAMESY I didn't have a value for todays RNS. re how will these projects be financed. This one sounds sorted already?
"Project finance for this one sounds sorted whilst Iona will provide non-recourse project finance. "

Currently listening to the investormeet interview from this morning and they've just stated at 29 mins in that Setcar are tendering for 96 contracts and the value to Setcar is €50m in orders and that they'll update as and when..
None of these contracts are in their forecasts so will be moved in as and when they're signed.

https://www.investormeetcompany.com

and if the farm out goes through and TRP receive their $15m theres going to be a lot of pi's wishing they'd bought in smithy.
There may soon be a lot of punters jealous of your patience here.

$85 per barrel for the next several years is going to be quite handy for the sector and a real annoyance for the funds that sold oil and gas for "green" concerns.
Hopefully some news on Belugas soon as judging by the sp the markets not totally sold on the farm in going through yet.
Not topping up, got too many already but content enough holding til their 30 days are up at least.

Sp's come down to rest on the 50dsma at this 22p level. Could do with holding so giving chance for a bullflag to develop imo.

Feeling very negative here.Not surprised with the historical losses.
Still checking for any negative news re beluga energy and nothing's come up which I'm taking as positive and with $83-84 Brent they're going to need a very good reason to turn the deal away now.

Political push for shale is ongoing..
https://www.americanexperiment.org/matt-ridley-england-wouldnt-have-an-energy-crisis-if-it-used-fracking-to-produce-natural-gas/

Rightly or wrongly the UK looks like taking another look at fracking to solve the energy crisis. Seems the Russian gas fiasco has woken quite a few up to how bad things could get during a hard winter and given the issues we've been having already in only Sept/Oct can't disagree.
https://www.dailymail.co.uk/news/article-10074107/amp/Britain-reconsider-ban-fracking-exploit-North-Sea-oil-MPs-urge.html

Think many would do the same scooby re voting paul out. Not sure the board realises that we weren't giving him and his board a "vote of confidence" we just thought the other lot were even worse.
Interested to hear thoughts on whether fellow punters think it will eventually flow or not? Undecided myself.

When translated that piece quoted the price of gas will be capped at "current prices" only that was yesterday so gas capping at that level shouldn't hurt at all?

Chuffed as a holder, has to filter through to this and the sector eventually but not so sure our pensioners are going to do so well this winter..

"NORTHERN HEMISPHERE ‘SNOW MASS SEASON’ OPENS 250 GIGATONS ABOVE 1982-2012 AVERAGE"
https://electroverse.net/northern-hemisphere-snow-mass-season-opens-250-gigatons-above-1982-2012-average/

Agree smithy its all down to beluga now. Think with the price of oil though their investors would need a pretty solid reason to say no to the deal. Reckon myself they just don't want to hand over $15m until they're sure MINMIDT approval is as close to a done deal as possible.
Likely they're not convinced this little aim co. would give it back.

They're not free in any way until the sp's quite a bit over the .425p though are they in that you can't exercise warrants at that price and sell lower for a profit. They'll need a higher price and volume to sell into.
With recent SP action doesn't look like they'll achieve that until funding from Beluga is in the bank and/or permission granted from MINMIDT.

No probs, this is aim after all.
Its getting the funds from Beluga that I'm waiting on. See that as a catalyst for movement in that trp's ambitions can be taken more seriously by the market then a partner for S.A.
Going concern statement was interesting imo, all seems ok financially so long as the deals go through?

b) Going concern

The Group will need to raise further funds sufficient to meet its financial and operating commitments for the 12-month period commencing immediately subsequent to the date of signature of these interim financial statements and is planning to do this through:

· Completion of the Beluga Energy Limited farmout transaction for which heads of agreement were signed and announced on 10 August 2021; and

· A farm-out of its South African license sufficient to cover its share of 3D acquisition work programme costs which are approximately £2 million; or

· Receipt of further funds from the exercise of warrants or the issuance of shares in order to provide partial funding of the proposed 3D acquisition work programme in South Africa.

The Directors are confident that the above initiatives will be concluded satisfactorily within the necessary timeframes and the financial statements have, therefore, been prepared on a going concern basis.