The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Another one in the green bin.
We all win when the LSE moderators do their job, which they appear to have done, as yesterday's nonsense has been removed 👏.
"Connection will immediately result in approximately 40% reduction in CO₂ emissions at the Bord na Móna Edenderry Renewable Energy Complex, Co. Offaly, through the conversion of existing diesel generation assets to natural gas."
https://www.gasnetworks.ie/corporate/news/active-news-articles/edenderry/
Very much down stream, if you check a map https://www.nasdaq.com/articles/cove-point-lng-operator:-no-operational-impact-following-baltimore-bridge-collapse
Https://twitter.com/DanielTMurray/status/1766758857739571623?t=eodjD9iV5FDDFTtSvlyhCQ&s=19
I stand corrected. Thanks BRV. I missed that bit.
Even though money may have been set a side, PG would not spend money setting up a data room before the licence position was confirmed. Hence the surprised comment.
If the licence gets extended, then the game changes.
There's one. Oh and There's another one.
Those late prints near and after the bell suggest to me that the buyers got some of what they were fishing for....
Limited opportunity for this now, based on these exchanges
https://www.oireachtas.ie/en/debates/question/2024-01-25/section/21/
Next rns likely to be regarding the petroleum agreement, on or around 4th Feb. Just my guess and might also comment on testing progress, but not early results.
Https://www.lse.co.uk/rns/EOG/fel-419-licence-extension-approval-g5hjhb126b5647k.html
Correction it decreased by 7%, but still generated 47% of electricity (in 2022 that was 48%).
https://www.gasnetworks.ie/corporate/news/active-news-articles/gas-energy-source/
And Data centre demand is likely to reverse things...
https://www.computerweekly.com/news/366567892/Datacentres-set-to-consume-third-of-Irelands-energy-by-2026
Irish gas demand still increasing alongside renewables.
https://www.gasnetworks.ie/corporate/news/active-news-articles/gas-demand-2023/
This is definitely going to focus minds in Ireland & Europe! And will be great news for LNG exports from places like Trinidad!
https://x.com/JavierBlas/status/1750831386238341213?s=20
Https://tt.loopnews.com/content/young-tt-poised-become-leader-green-hydrogen
“A Cabinet appointed Carbon Capture and CO2 Enhanced Oil Recovery (CO2 EOR) Steering Committee is actively working to characterise potential reservoirs, both onshore and offshore for CO2 storage and to select a pilot reservoir for CO2 12 injection and increased oil recovery,” the Minister said.
https://www.reuters.com/markets/commodities/trinidad-talks-with-europe-supply-venezuelan-gas-2024-01-22/
Non-fracked gas to Europe? A long-shot?
For those who follow such things https://www.youtube.com/watch?v=fxhiGLSPXz4&t=489s
Https://twitter.com/KarlDHarrison/status/1746324106159726809?t=ugSCwFlfFUKFnXpncoif9A&s=19
Getting closer to the end of the biggest werewolf game I've ever played!
In addition to doing all that they do in running the company, PRD have found the time to respond to the recent FCA consultation on the listing rules.
https://www.fca.org.uk/publication/consultation/cp23-31.pdf (in the list of non-confidential respondents on page 192).
Others will not doubt take some cheap shots, but respect to Paul and the team from me for that! ATB PT