The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
While I accept that ANGS' RNSs are subject to "interpretation", I would imagine Shell have no interest in how the gas gets from the wellheads into the processing plant, as they only pay for what comes out the other end of it.
Over 2 million tons DWT docked at the terminal so far this week and still 7 hours to go, which is the highest figure I have recorded since I've been keeping a spreadsheet. Previous two weeks were very quiet and this week almost makes up for it. I've always been curious as to the ebb's and flows between weeks and there so far seems to be no pattern. If only they could rail more coal, it just shows the port can handle it, with only 4 of the 5 available berths filled at most points this week.
https://www.marinetraffic.com/en/ais/home/centerx:32.052/centery:-28.815/zoom:14
Lower flow rates yesterday and lower CV. Is this the start of testing the new well onto the grid?
04/04/2023 01:00:00 04/04/2023 System Entry Calorific Value, Saltfleetby, D+1 40.8800 05/04/2023 12:01:00 L
04/04/2023 01:00:00 04/04/2023 System Entry Energy, Saltfleetby, D+1 1360000.0000 05/04/2023 12:01:00 L
04/04/2023 01:00:00 04/04/2023 System Entry Volume, Saltfleetby, D+1 0.1196 05/04/2023 12:01:00 L
Hopefully Push can confirm and give feedback when he is back from his walk, but to me it looks like the blue lines running from the wellhead are already connected to the nitrogen cylinders
(FYI I have no professional industry experience)
https://twitter.com/ContangoPlc/status/1641321801358757895?t=usnxpyQYSqGn6Y835JEpxQ&s=19
https://twitter.com/angusenergyplc/status/1638535573567569926?s=20
https://twitter.com/angusenergyplc/status/1636692162585718786?t=vxM3xaFjnkGCDJzJ__nENQ&s=19
Thungela Resources Limited to release Annual Results on 27 March 2023
Thungela will release its financial results for the year ended 31 December 2022 on 27 March 2023.
Analysts and investors are invited to a virtual presentation of the results which will be hosted by Thungela Chief Executive Officer July Ndlovu and Chief Financial Officer Deon Smith.
The live webinar and conference call will start at 12:00 SAST (11:00 BST).
Details to register for the webinar and conference call are available below:
Webinar registration: https://78449.themediaframe.com/links/thungela230327_1200.html
https://twitter.com/angusenergyplc/status/1635302867123994625?s=20
In the last week, 27/2 - 5/3/23, the port has only done 40% of the previous week's tonnage. There seems to be no logic to the pattern of "big weeks" to "small weeks" with big differences week to week quite common.
Re post from yesterday for those that didn't see it (It's a shame that the most recent was the beginning of this week not the end):
On recent figures only need to get to around 37p+ to get back into FTSE250 at the June reshuffle
http://www.stockchallenge.co.uk/ftse.php
https://twitter.com/angusenergyplc/status/1631300093323214848?s=20
On recent figures only need to get to around 37p+ to get back into FTSE250 at the June reshuffle
http://www.stockchallenge.co.uk/ftse.php
Am I correct in believing this means no need for a raise in the next 12 months and that future years cash flow can be used to fund the build out of the Company's portfolio?:
"c. £173 million is expected to be deployed in the next 12 months. As disclosed in the Company announcement on 17 February 2023, the Company currently has c. £144 million in cash or cash equivalents. The Company intends to employ its current cash balance and a level of debt in line with its gearing policy to meet the capex requirement to complete the construction of its portfolio."
Port busy so far this week. RBCT coal price up yesterday and again today. TGA share price also up :-)
https://www.barchart.com/futures/quotes/LVH23/overview
Possibly influencing prices today:
https://www.miningweekly.com/article/china-coal-mine-disaster-may-hit-supply-as-demand-recovers-2023-02-23/rep_id:3650
80% of last weeks total tonnage arrived already today!
https://www.marinetraffic.com/en/ais/home/centerx:32.055/centery:-28.814/zoom:15