HL
Can sell 500k
Unable even to buy 10k lol
i bet you're glad you got out...you smart investor !!!
Being a US Dollar based business insulates President to a material degree from the high inflation unfortunately suffered in Argentina at present and careful management of Peso balances is being exercised to mitigate exposure.
keep posting your negativity steven !!!!
Lol.. lots of **** stirrers here.... nothing wrong with this .
Argentina are all on stream and each producing in the range of 125-185 barrels of oil per day.
(POSSIBLE ) reason 4 fall of late, will (PROBABLY ) default on IMF loan
SAYS IT ALL LOL
AS ALWAYS....2nd guessing !!!!!!!!!!!!!!
You have anything to back that up with , apart from spurting out negativity,
I kindly suggest you move on if you have sold out like you have said and leave us in peace lol
no **** sherlock !!!!
Can't say i'm gonna miss you :)
Agreed
20p far fetched unless Paraguay is a gusher lol
5p should be achievable - but looks like there is a seller in the mix, hence why the struggle
Anyone not happy? ...You always have the option to sell and move on lol
The constant negativiity will be your downfall, a bit of a delay here, a few lost barrels here,
means nothing in the bigger scheme of things.
Rant over
Peter Levine going green
Oilman Peter Levine is going green. The President Energy boss is spinning off a venture to produce hydrogen and ammonia in Paraguay and Iceland, listing it on AIM next month.
Existing President investors will receive shares in the firm, called Atome, through a placing that aims to raise £9million.
Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.
The deal means JCB will take 10% of the green hydrogen made by mining company Fortescue Future Industries (FFI).
Australian company FFI said the deal was a "first-of-a-kind partnership" that would see it become the UK's largest supplier of the clean fuel.
Production, mostly done outside the UK, is expected to begin early next year.
JCB and a firm called Ryze Hydrogen would then distribute it in the UK.
The global race to produce hydrogen offshore
Business Secretary Kwasi Kwarteng has said low carbon hydrogen has a critical role to play in the UK's transition to net zero - that is balancing the amount of greenhouse gas produced and the amount removed from the atmosphere.
However, he has previously admitted that its production, and use, would have to rapidly increase for the government's ambitions to be achieved.
JCB, based in Uttoxeter, Staffordshire, announced earlier this month that it was spending £100m on a project to produce "super efficient hydrogen engines".
Its chairman Lord Bamford said this deal would help to make green hydrogen a viable solution, telling the BBC it was "the right thing to do".
Lord Bamford called on the government to invest in hydrogen-fuelled forms of transport such as buses, trains and aircraft.
https://www.bbc.co.uk/news/uk-59107805
Paraguay news will not happen before end of Sept as mentioned by Peter in his operation update podcast last week, its more likely in first couple of weeks of October, but it does not delay anything, the whole thing is a formality
the broken record is back lol
HydrogenOne Capital has been set up to meet that need and provide shareholders with juicy returns along the way.
The company intends to list on the stock market at the end of this month, offering shares at £1 apiece and hoping to raise £250million, with further expansion likely in the coming years. Shares can be applied for via intermediaries such as AJ Bell, Hargreaves Lansdown and Interactive Investor or directly via the flotation prospectus on HydrogenOne's website.
Some 36 potential investments have already been identified and the group expects to have invested all the cash raised in the forthcoming listing within 12 to 18 months.
To provide as much variety as possible, HydrogenOne is looking at opportunities worldwide and intends to buy stakes in listed firms, established private businesses and even individual projects. The first listed fund dedicated to clean energy,
Midas verdict: Clean hydrogen is one of the fastest-growing sectors within the green energy market and is expected to be worth at least £600billion by 2040.
Anyone not happy with this share
get the f... out of it
No point whingeing about it here
Take your money elsewhere and hurt PL and co more lol