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Pounds or pence?
Has de-commissioning of the Kinsale Head Gas Field Pipeline been formally suspended or are works still in the pipeline (get it?) to progress?
Things finally seem to be moving in our direction. Fingers crossed.
….. here we go.
Hi Keith… small hours for me, flying back from Chicago, so loved reading this. Plenty of slippage between cup and lip but excited at the numbers and the logic behind them.
Strategy for LTH to come together and ward off the threat of hostile take over bid for pennies before plan comes together, please.
Smiling into my Garnacha currently, however. Thanks for the logic and the effort.
“That is about all I have learned—to study general conditions, to take a position and stick to it.”
Better they take their time and get it right than rush to satisfy you regards the timescale.
There is a lot at risk. Slowly, slowly catchy monkey.
They will RNS soon.
I am rather hoping that I will need a bigger abacus, Graham!
RNS 8/11
MOU-2 and MOU-1 rigless testing could potentially confirm continuity of the Moulouya Fan over an area of 30km² to support a case for the higher end of the net contingent gas resources to the Company of 708 BCF, as defined in the independent SLR Consulting Ireland Ltd. ("SLR") Competent Persons Report ("CPR"), (February 2020 and January 2022 "MOU-4" updated). If this were the case the Company would not hesitate to initiate a corporate transaction to monetise shareholder value.
Any thoughts on possible timing (in terms of events) and possible numbers. That would take the risk out of selling on the way up, such as OilyFred may end doing.
Keith and Graham to write the RNS in future, please!!
The other thing that stood out is that I understood less than 1% of it.
I guess that’s why experts are paid top dollar for their expertise. I hope they get it right ;-)
And Billy Bet365 from Accrington Stanley.....
Buys, Fred?
LSE show 995,990 shares sold today.
But what do I know….
Kweli, ilinifanya nitabasamu hata hivyo, Graham!
I love an imply v infer contest.....:-)
Now, now Mick. Play nicely......
Porters....."meager shareholders"
I don't think PG sees us as "meager shareholders ". There may well come a time further down the line when the sticky fingers of meager shareholders become important eg. hostile 3rd party interest.
For one, I am enjoying the calm waters. I expect one day soon, whilst enjoying my 7.00am coffee, I shall be able to absorb further progress. But until then, enjoy the peace and quiet.
"thats a bit naive. what happens is commercial interest want in cheaper - and if they smell you are running low on cash use it as leverage - wonder why you had never realised that?"
Pre-agreements become effective once comerciality is confirmed.
No leverage. Just local, available gas at lower than peak gas prices. Pre agreed. Easily and speedily arranged.
N63.......'Thanks again Billy- this is extremely positive stuff. I’m thinking we have commercial gas at Mou-1 but
it was not announced in that way because ONHYM wanted us to use the knowledge to wuietly get on with plotting a far bigger prize- '
Why does he look so bleeding miserable then, I wonder!! With that 'knowledge', I would be smiling quite a lot, ha ha....
That won’t be by way of shareholder presentation. RNS incoming?