Member Info for PlantPower

agreed - won’t take long, aim/small caps are a fickle mistress.

but can see quickly re-establishing 8-10p range end of aug / sept and then move back to 10-12p range.

cash is king - pxen now has that.

expect some developments from han**** / tarba may come soon as well.

I have 6m+ in my SIPP - plus more elsewhere.

Really can’t think of a better place to double / triple money from here.

Such a smart and investment opportunity down here.

Those 2x250k look like worked broker buys.

Hence wide spread to allow order to be filled last few days.

Feel this could move north now.

Imagine if Tesorillo permit landed as well.

That’s the point - so many doors to potentially open.

Only needs 1 to send this…

40 TTF - that’s huge for our profits.

Load up / load up - bargain basement.

Good times ahead.

Once selva successfully hit production, it became a very strong possibility.

I suggest, when not if.

Mark has bought (1) and developed 2 fantastic low jurisdictional rush onshore European assets annd infrastructure into production.

Now time to reap the rewards.

Smart investors buy gas stocks in summer.

At this rate TTF’s $50 could come sooner rather than later.

The beauty of JV’s.

Plus, cash flow filling the coffers from Selva.

Tarba has plenty of cash already.

Nearly 9% now and over 33….

We are still in early Aug….

This could get interesting fairly quickly.

10% increase in revenues in a blink.

Wait for 40/50 TTF prices to be hit in Q3/Q4.

Solid investment - and absolute bargain sub 8p.

Pxen is a commodity gas play.

If this goes to 40/50 TFF’s then it’s happy days.

Following trail below, doing the calc - Mark’s $360k per month / $4.3m / £4m per annum, is based off circa 100k scm/d.

Based on €30 TTF.

So just need to ramp up to that based on 3 week update.

Then if TTF’s increase to 40/50 revenue goes to £5.3m / £6.6m accordingly.

Ignoring El romeral at 33% capacity and all other wells in both Spain 🇪🇸 and Italy 🇮🇹.

It’s cheap - fundamentals will win through. Mr Market currently has it mispriced due to constant seller - patience key. Seller will exhaust.

I’m focused on Sept onwards when gas prices will increase, energy sentiment starts focusing on autumn / winter 🥶 and permits awarded.

Https://www.londonstockexchange.com/news-article/PXEN/successful-ramp-up-and-commissioning-of-pm-1/16071854

Agreed, lovely to see gas flowing as expected.

Nice re-rate from here.

Cash generative - game changer.

MyIPA - can disagree with your maths, so hopefully imminent.

Let's see on flow rates - good for me is they are flowing as expected and in-line with rates to achieve PXEN circa £300k per month at circa 30 EUROs TTF price.

It's a bargain down here - by winter expect we'll be 10p+ with ease.

Depends how quickly they turn the taps on.

Anyhow - lovely update overnight from PVE JV partner:

“Initial ramp-up is progressing in accordance with production and commissioning plans which is very pleasing. Once the ramp-up programme is complete, the Company will make further announcements on this process and future production.

The Selva Malvezzi Concession is the key area of focus for the Company and we are assessing the next stages of development including drilling programmes at Selva North, South and East and a potential seismic programme at the Riccardina prospect.

The Company will provide further clarity on these programmes as they are developed and stakeholder approval milestones are progressed.”

Imagine not that far off for additional permits.

Per earlier poster Initial Production of 30 days (IP30) is a fairly standard measurement period - if so, would mean early Aug confirmed flow rates.

Not expecting any issue with flow rates - but could be that PVE need to raise now they have Selva in production, which could be the driver.

Let's see - it's a false close, as close is on Bid of 5, when spread is 5 to 5.7.

Either way - as long as flow rates are all good no read-across to PXEN.

Maybe news tonight from PVE - let's see.

Agreed - it's in all shareholder's interests to have BOD with more skin in the game.

Now BOD holding standing at over 5% since last 2 CLN conversions - strong statement.

This also reduces Sept '23 CLN repayments on the interest which is another positive.

Looking forward to flow rates - expect PVE may release tonight.

Looks ace - straight to bottom line.

2 producing with assets shooting through 30’s in height of summer.

6 months of the year in 40/50’s and treasury will be swelling. This a likely and plausible scenario.

That’s ignoring any additional permit news.

Under 7p is cheap as chips.

Simple hold or add down here - expect minimum 10p in Autumn / Winter, but hoping for at least 12-15p to revisited before year is out.

PP

Indeed - expect this week.

Remember - Mark is always reliant on operator to release news 1st.

Strong positive flow rates with TTF’s cranking up - good timing.

Selva additional permits can’t be that far off either.

Https://youtu.be/6znxosHgNJ8

Another interesting interview, UK govt contract award pivotal.

Looking to accelerate growth via US distribution partners (one new partner recently announced).

The more I reflect and the more I listen, the more I think this an undiscovered gem of a company.

8m mcap is a snip to build a position.

Kerry and company seems breath of fresh air - let’s see.

No warrants / no debt - make’s a huge difference to the value we can reap as early investors as well.

And appreciate this was a strong consideration and of importance to TR1’s as part of the RTO.

Right product, right salesfoce, right leadership, right sector.

Winds of change coming.

Multiple factors in play now; technically / fundamentally/ politically / buyout.

Which all point towards a quick return to 8-10p range for starters.

Strength of cash producing assets is undeniable.

Fantastic opportunity for investors and traders alike at 7.05p.

Agreed - gas flying, TTF’s 30+ now (in summer).

Cheap as chips.

Expect 6 to 8p pronto.

Smart buy early.

No debt / no warrants.

Onshore low jurisdictional risk European assets.

Excellent interview:

- expecting to announce regular contract 📑 wins & partnerships

- pipeline looking healthy

Under the radar 8.5m mcap.