Member Info for PlantPower

…to be filled up to 6.25p.

Blue day / blue week and blue month 👏🙏

Bulls have it.

Agreed - very cheap.

Today’s news is a great pre Viura catalyst.

Could be 5..5/6p by end if next week with news.

Must admit - selva gas ⛽️ re-contracting was off my radar, so nice surprise at more enhanced premium to TTF (circa 10%) than BP deal.

Bodes well for permits with local gas partner as well.

Run starts here.

Agreed - great volume, majority big buys.

That’s a hell of a lot of slack bought up today.

Firm base of volume to ignite push up ⬆️

6p-8p post Viura news

8p-10p post el romeral news

Number of news updates not far away:

▶️ Poland; Q1 ‘25 licenses to be granted

▶️ El Romeral; the 30-working day consultation period ends on 4 April 2025.

▶️ Viura; 1- ST3 existing well into long term production

▶️ Q1 Production Update; end of April

▶️ Viura; 3a & 3b spudding in May

▶️ Selva; permit application approvals

▶️ Ownership of El Romeral concession ✅

▶️ ‘24 Annual accounts; May

▶️ AGM; June

Enhanced Modelling off stated 86,000scm/d + 47 EURs TTF (current Q1 avg)

Viura = 47,000 x 31 x avg TTF (0.47) = €684,790 + 10% coupon on capital investment (10% of £7.71m / 12m = £64k / €76)

Total = €761k

Selva = 30,000 x 31 days x avg TTF (0.47) x 1.05 (5% TTF coupon)

Total = €459k

El Romeral = Circa €2m annualised*

Total = €164k

= €1.38m / £1.16m per month

= €16.6m / £13.9m annualised

*post El Romeral 100% acquisition

No Debt / No Warrants / No CLNs

Looking much better and added 800k.

Strong year ahead and next Viura wells due to spud next month whilst existing production reaping £1m plus per month.

No debt / No warrants.

OpEx costs circa £1m p.a..

Huge organic growth ahead.

Prefer for Mark to self-fund the 11 drills per roadmap from the existing production revenue to grow the business exponentially:

- Viura next 2 wells due to spud in April; drill successfully and put into production, increasing current production from 350k scm/ d to aprrox 900k scm/d

- Selva 4 well permits to be signed off, then agree drilling schedule, then self-fund drilling into production

- El rom 5 permits to be signed off, then agree drilling schedule, then self-fund drilling into production

Above will position PXEN for off market buy out.

That works for me and enhances cash flow through 2025 hugely.

*************+rpfsvr725wy5mdlk

if not - message me on telegram @plantpower79

Very odd Stiffy - I'll be adding more next month.

We need you back in the TG ;0)

That’s just one of the 3 assets - which is actually valued at ‘0’ right now in broker note (oddly).

Point being - el romeral only accounts for 10% of revenue right now.

Viura accounts for 55% and is spudding 2 more permitted wells in April…circa 1 month off.

Increased production incoming…again, with further 9 wells on horizon.

Staggering growth prospects in short (Viura), medium (Selva/El Romeral) and long term (Poland).

It’s a rare mythical beast on AIM:

🎯 Debt Free

🎯 No Warrants

🎯 No CLN’s

🎯 3 revenue generating assets

🎯 Low risk - onshore Europe

🎯 Near term production increase across all 3 assets

🎯 Bullish macro asset environment

🎯 Experienced CEO - grown / sold gas company prior

…Viura production has derisked this materially for me.

3 active assets and more lined up.

Expect production / cash / additional permits will give desired catalysts in timely manner going forwards.

Huge upside still:

🎯 £15m projected revenue based on current production only - discounting any further development

ℹ️ £30m mcap at 7.8p is way off true value still

❇️ 10p - 28% increase from here - is only £38m mcap

As one investor in TG who knows it all;

“There are multiple reasons this will re rate quickly:

▶️ Placing churn looks done

▶️ Only 22m 6p shares hit the open market 13 weeks ago

▶️ No CLN’s or warrants

▶️ Technically set up to move as per chart ( pink to green shading as before )

▶️ Increase in reserves which is huge as it extends production

▶️ New significant revenues from Oct

Fundamentals are so strong;

⏭️ 11 wells set up for drilling in 2025

Over 500BCF of gas

⏭️ No debt / cash generative

⏭️ EU Gas producers will see consolidation over the coming years

⏭️ Poland offers road map for future expansion

⏭️ £27m MCap is simply cheap

⏫️ Plenty of news flow in coming

⏫️ Compare MCap vs other £15m -£80m MCap companies and then compare debt levels, revenues or lack of, production or lack of , assets or lack of, future CLN/warrant dilution.

*️⃣ DYOR obviously”

Gap on chart to 8.25p 👍👍👍

This sharp decline from 8.5 to below 7p in Aug on relatively little volume is why 8p should come quickly 👍🤞

6-7p post placing liquidity been largely dealt with via 2 individuals accumulating.

Still under the radar - just another brick in the wall.

Fundamentally bullish - but being small cap, let’s concentrate on the fundamentals

So here’s my simple logic / theory (😉):

- Bulls vs Bears / Buyers vs Sellers

- Each big volume day at flat or blue means the bulls are incrementally gaining control

- News-flow will further support bulls or bears momentum

- Likelihood of new or continued positive news-flow currently outweighs likelihood of negative news-flow

- Based on above ☝️ it’s just a matter of time till SP starts further appreciating to the upside

PP’s independent house recommendation = Buy / Hold

### HOLD YOUR HORSES 🐴 ###

Ok - so not RNS’d but Mark states in latest VOX interview:

🗳️ Existing well Viura 1 ST3 tested upto *500k scm

🗳️ Then states Viura 1b will be “producing somewhere in that region if not more…”

### WHAT DOES THIS MEAN? ###

💥 1m scm/d 15%** is 150k @ €42 TTF is €1.9m a month revenue = €22.8m

💥 Selva currently €4.6m per annum

💥 Total (ex El romeral) €27.4m per annum

Note:for balance:

* expect Viura 1 ST3 will not be full tilt at 500k scm. But even 50% or more haircut, it’s still huge overall.

** reduces to 7.5% once £4.2m initial capex repaid - but still circa €1m per month

I expect 7.5% level but raises a good point if recoverability of costs applies to future capex costs.

I also expect May capex costs to be covered completely considering Viura initial well back online now and producing higher than before + new Viura 1b well online in Nov and at higher expected rate than initially thought.

Many also overlook the 10% coupon Mark managed to agree in the deal (of the century) on the £3.5m investment - so another £350k to sweeten the deal.

Stellar day - with single investor / entity buying curbs 3m, with effectively removed that liquidity till at least 10p+ or maybe even 15p+.

Big few months ahead.

Still very cheap.

here’s our graham with a quick reminder:

▶️ pre 26th jul: el romeral production concession update ✅

▶️ end of july: q2 selva revenue ✅

▶️ aug: viura deal completed + current production now live ✅

▶️ sept: new selva off take contract post tendor ✅

▶️ q3: interim results ✅

▶️ sept: viura 1b development well drill results. ✅

▶️ q4: viura 1b production

▶️ q4: q3 selva production and revenue

▶️ q4: poland license areas made public, enabling license applications

▶️ q4: el romeral permits

▶️ q4: han**** el romeral holding buyout?

▶️ q4: selva drill permits

▶️ q4/q1: viura / utrillas-a; deeper well logs/analysis reserve upgrade

▶️ q4/q1: commence drilling 5 el rom shallow wells

▶️ q4/q1: solar farm el romeral

▶️ q1: pve buyout?

▶️ potential bids post permit(s) before drilling

▶️ huge 3 months ahead 🤞

"In all honesty it is very difficult to attribute a value to the company due to a few big variables

If you accept the broker note from VSA Capital which values Selva at 18p with 1 well in production & 70% COS for the others & 24p in production & El Romeral pro rata on BCF size is therefore valued at 25p & 35p that gets a base asset value range of 43p - 59p

The unknown variable’s to this are

1. TTF prices over the next 20 years as the value above is based on €30

2. Tesorillo 2 TCF & the upside from a production License & green solution

3. Solar farm revenues at El Romeral if this is project is executed

4. Free cash flow generated further down the line to acquire new assets / JV / farm in deals

5. Free cash used to undertake a share buy back scheme

6. Introduction of a dividend which I think 99.99% will happen in the future

7. Selling of any assets

8. Upto 30% stake taken in the company by a 3rd party buying individual’s shares off book and making a play for the company

9. Large buyer on the open market

Based on all of the above you can put a range on the SP potential but in all probability the company will be sold before most of the above occur imo

The question is when and for how much and that I can’t honestly answer as the element of time & risk will be discounted in any take over price to offer upside to any potential buyer

The good news is there is plenty of upside as the fundamentals & macro climate are both very strong

On that note I will leave all possible SP valuations to everyone else"