The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Daprophet - Two or more shareholders who attend the adjourned meeting in person or by proxy will constitute a quorum, regardless of the number ordinary shares they hold or represent (from RNS). Meeting will not be adjourned again
NanoSUN Ltd, the Lancaster UK based producer of the World’s first mass-produced mobile hydrogen refuelling station is pleased to announce the appointment of Dr. Graham Cooley as Chairman of the Board.
Graham has over thirty years leading product and technology strategic development in the energy sector at the forefront of new technology introduction in the power, energy storage and hydrogen sectors. A proven deal maker with a track record of structuring and closing corporate deals. A proven fundraiser, having raised over ÂŁ600m for technology companies from sources including venture capital, private equity, public investment markets, strategic corporates and grant bodies. A lifelong environmental campaigner and commentator on all things related to the energy and sustainability sector.
Graham was CEO of ITM Power PLC for over 13 years and brings a wealth of hydrogen industry and capital markets experience to NanoSUN. ITM Power was the first hydrogen-related company to be listed on the London Stock Market. He was instrumental in delivering key strategic partnership agreements with global energy partners that transformed ITM Power from a relatively small R&D business into a leader in the hydrogen market.
What’s all this no feee gas BS, it’s written in black & white in the RNS. How can high concentrations of gas flow to the surface if it’s not free gas 🤷‍♂️ muppets
When performing the Basement DST, high concentrations of helium began to flow to surface following reverse circulation and yielded a compositional mix up to 4.7% helium, 1.5% argon, 8% oxygen and 86% nitrogen
It’s stated u fee POST YEAR END HIGHLIGHTS ffs - so 770 post year
Post-year end highlights
§ Unique CPT-PLA code assigned for PSE, available for use from 1 January 2024, enabling accurate reimbursement in the US from Medicare, Medicaid or private payors (October 2023)
§ Agreement with leading UK health insurer, Bupa UK, to cover EpiSwitch CiRT (October 2023)
§ Confidential discussions commenced with third parties regarding monetizing OBD's two most advanced pipeline assets: EpiSwitch® NST (No Stool Test) for colorectal/bowel cancer and EpiSwitch® SCB (Specific for Canine Blood) blood test for detection of multiple types of canine cancer
§ Total PSE orders to date of 144, total CiRT orders to date of
Https://beaconenergyplc.com/investor-relations/research-notes/disclaimer/?id=1377
Recovery, alongside oil production, commenced at higher rates, but have since declined to a stabilised level of around 40 bopd. This is far below the unrestricted potential of the well (calculated using known reservoir and fluid characteristics) of 900 bopd, and illustrates the fact that heavy drilling mud is still restricting the flow.
The well does continue to clean up, and Beacon is hopeful that the mud is slowly recovered and the well builds to full potential, however a sand jetting operation is arranged for late January in order boost near term production. Sand jetting is a standard well stimulation technology used in conventional reservoirs, whereby high- pressure water and sand is jetted into the reservoir. The pressures are such that the process creates bores several metres in length, bypassing and/or clearing near-wellbore damage. Beacon has been able to analyse downhole conditions and has estimated that the damaged zone amounts to less than three metres. Furthermore, the relatively soft reservoir in this location should respond well to jetting, so Beacon is confident that there will be a good response to the operations. The uncertainty in our minds will be whether the immediate response is an additional 100 bopd, 300 bopd, or 500 bopd. With operations costing under €500k, the payback under each scenario makes the operation commercially viable. Even-so, at today’s unstimulated rate of 40 bopd the field is commercial on an ongoing basis, with revenues exceeding field operating costs. To date over 1,600 bbls of oil has
Beacon shares have been weak over the past few weeks as investors nerves around the clean-up set in. While these operational delays and challenges are frustrating, some investors have been detracted from the fact that the company has a 100% stake in a >7 mmbbls discovery onshore Germany, with an NPV10 of over US$140m. Furthermore, following a small equity raise earlier this year, the company is comfortably funded to raise production from the Schwarzbach well and to organically build cash flow to continue developing the field. This, in our opinion presents an opportunistic buying opportunity for longer sighted investors