Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Ab76
I would like to hear from a geophysicist entirely independent of TRIN that the methodology they are using to calculate the CoS figure of 63% they are now putting before retail investors actually holds water. Most recently Cenkos were clear that the CoS was 33%. 63% is certainly new. TRIN need to get their Jacobin story straight and stick to it.
ATB
Ross
Ab76
Not interested in addressing the point that I am making about the figure of 63% and how TRIN came up with it? Does experience not show that you need to kick the tyres of what TRIN comes out with rather than assume that you can take it to the bank?
ATB
Ross
Ab76
To me that seems like a misleading way of representing the CoS, implying as it does that what is actually found at one level in a given well makes no difference to the CoS at any other level in that particular well. If there is a geologist out there with an interest in probability, your take on all this would be most welcome - until you tell me otherwise, this particular bit of maths feels to me like a new low for TRIN.
ATB
Ross
Whether the shares have bottomed absolutely depends on whether their one in three (according to Cenkos) Jacobin gamble comes off. I am not even sure that the excitement of getting closer to the Jacobin result will lift them, given those odds.
ZagEgypt
It is not in any sense like watching paint dry. The timescales here are now very short. For good or for ill we will have significant share price outcomes over the next few weeks. Worth waiting for if you believe that these outcomes are more likely than not to be positive.
ZagEgypt
Good luck with it - even news of the delivery and installation of the jet pump, separate from the results of that exercise, could be a useful catalyst. What is your price target? I would say that there is an easy ultra short term 20% from here but after that it gets more speculative (and who knows what the end game will be). At least this is not CEG.
ab76
“on February 14th final marine operations on ABM-151 commenced. They were estimated to take a week and were expected to result in production of between 60 and 110 BOPD”
In a few weeks we will know whether those figures were accurate predictions or mere aspirations…
In the short term though there should be a recovery (no doubt frustratingly slow) towards the previous high watermark (12p) as all this new information is digested. I remain very relieved that the audit delay was not down to some awful skeleton in the cupboard.