Member Info for schlemiel

Are Peel the AX?

Https://www.investing.com/news/company-news/piper-sandler-sees-tamboran-resources-vast-beetaloo-potential-boosting-stock-93CH-3528314

Nm

****As part of the Subscription, certain Directors and senior managers of the Company intend to subscribe for New Ordinary Shares for approximately US$1 million (£0.8 million), of which Adonis Pouroulis intends to subscribe for approximately US$0.7 million (£0.5 million).****

6.5p

Highlights:

· The net proceeds of the Fundraising will be used as follows in order to:

o Strengthen the balance sheet to continue to progress and deliver value from Chariot's portfolio of projects

o Secure a material new venture opportunity with multi-billion barrel potential

o Progress onshore gas commercialisation plans in Morocco to build a gas to industry supply

· As well as securing the new venture opportunity, other key near term catalysts include the offshore drilling and testing of the Anchois-East well in partnership with Energean which is expected to commence mid-August 2024 with the objective to unlock a final investment decision ("FID") on the development, and a flow test on the gas discovery in the onshore Loukos licence, also planned for Q3 2024.

· As part of the Subscription, certain Directors and senior managers of the Company intend to subscribe for New Ordinary Shares for approximately US$1 million (£0.8 million), of which Adonis Pouroulis intends to subscribe for approximately US$0.7 million (£0.5 million).

· Open Offer on the basis of 1 Open Offer Share for every 46 Existing Ordinary Shares held1.

· Following the close of the Bookbuild, the Company expects to send the Circular, containing a notice of General Meeting, on or about 24 July 2024. Full details of the Open Offer, a proxy form and (where applicable) an Open Offer application form will also be included within, or sent with, the Circular.

Proposed Placing and Subscription to raise approximately US$6 million (£4.6 million)

and Open Offer to raise up to US$2 million (£1.5 million)

Back to normal

Polarean Imaging plc

("Polarean" or the "Company")

Xenon MRI System trade-in agreement entered with the University of Virginia Health Hospital

Polarean Imaging plc (AIM: POLX), a commercial-stage medical device leader in advanced Magnetic Resonance Imaging ("MRI") of lung function, announces that it has entered into a trade-in agreement to exchange the University of Virginia Health System's ("UVA Health") existing two research hyperpolarisers for two new clinical-grade hyperpolariser systems to be provided by Polarean.

UVA Health is an integrated health system with a world-class academic medical center that includes a Level 1 Trauma Centre, an NCI-designated Comprehensive Cancer Center, and UVA Health Children's, the number one pediatric hospital in Virginia. UVA Health's Hyperpolarized Gas MR Imaging Center faculty pioneered the application of Xenon MRI for a variety of lung diseases, including asthma, cystic fibrosis, and bronchopulmonary dysplasia.

Replacing these research hyperpolarisers is the first step to UVA Health advancing its leadership position in the Mid-Atlantic as a centre of excellence for NIH grants, industry-sponsored trials, and clinical patient referrals for this novel imaging modality. Polarean expects to install the new systems later this year and will collaborate closely with UVA Health to ensure a successful implementation that enhances the Xenon MRI research program and establishes the foundation for clinical Xenon MRI capabilities.

Christopher von Jako, Ph.D, CEO of Polarean, said: "We are delighted to see UVA Health upgrade both of their hyperpolariser systems to clinical grade. This milestone underscores the increasing adoption of Polarean's technology and the continued progress in our strategy to convert previously research-only centres to clinical-grade, in addition to establishing de novo sites. We look forward to working with the team at UVA Health to ensure that their implementation of our Xenon MRI technology is successful as it continues to advance research and move into clinical use."

The Campaign Highlights:

Multiple positions are available for immediate recruitment, including Roughnecks/Floorhands, Motorhands, Rig Welders, and Rig Electricians.

2nd campaign in Australia after breaking drilling records with their first campaign in the Beetaloo basin

Enjoy industry-leading remuneration packages.

This campaign could see you first in line to secure a long-term drilling contract.

Benefit from balanced 3/3 rosters.

Operate in the Beetaloo Basin, Northern Territory.

FIFO options are available with comprehensive support for transport, meals, and accommodation.

Gain invaluable experience working alongside a top-tier international crew.

Rig-ready tickets and qualification training.

Partner With a Global Leader & US-Based Drilling Giant

Embrace a rare opportunity to work with one of the world's largest and most reputable drilling contractors renowned for their quality and integrity.

Experience the unique privilege of launching an international drilling initiative right here in Australia.

Be among the pioneering team members to operate a cutting-edge triple rig featuring technology unprecedented in the Australian market.

Work on an Innovative "Australia First" Super-Spec Rig:

Upon deployment, the rig is poised to become the nation's most potent onshore drilling platform, capable of drilling over 4,000-meter horizontal sections within the Mid-Velkerri "B Shale."

This advancement is anticipated to significantly reduce the cost per unit of recoverable gas and minimise environmental impact.

https://au.linkedin.com/jobs/view/oil-gas-drilling-crew-beetaloo-basin-leasehand-floorhand-motorhand-trades-at-harness-energy-rto-40521-3975027502

CFO buy

Gone NT for me, for 150k

Why would this news inspire a 17% price increase? I don't get it

I cannot believe this comment from Vox (1st July). 'A key player in the global helium market'. I mean, that is some statement to make

View from Vox

Helium One’s latest update paints a picture of a company on the cusp of a potentially transformative phase. The detailed operational readiness and strategic partnerships with industry leaders will no doubt bolster investor confidence. The promising helium flow rates from the initial ITW-1 tests lend credence to the project’s commercial prospects, albeit with the caveat that the forthcoming EWT results will be pivotal in determining true viability.

The market’s focus will undoubtedly be on the results of the extended well test. Should the data affirm commercial helium concentrations and sustainable flow rates, Helium One could well position itself as a key player in the global helium market, which is characterised by growing demand and constrained supply. Investors should temper optimism with a degree of caution, given the inherent risks associated with exploration and the transition to production. The share option awards, while indicative of management’s confidence, also serve to align their interests with those of shareholders, ensuring a committed leadership team navigating this critical juncture.

This update is a promising narrative of potential and preparedness. The forthcoming months will be crucial, as the company seeks to validate its exploration success and transition towards commercial production.'

https://www.voxmarkets.co.uk/articles/global-s-operational-update-and-share-option-award-035928d/

"We are very excited about the EWT and the results that we believe it will yield, confirming the helium potential at Itumbula." Blaisse

Is it me or does she appear uber confident about what the EWT will reveal?

'Both the feasibility study and subsurface modelling were underway, ready to integrate EWT results ahead of the mining licence application.' It might be my naivety but why would you apply for a mining licence if the discovery was sub-commercial or non-commercial?

And why would you start to start the feasibility study if you believed the discovery was a non-starter?

Dive deep into the fascinating world of shale gas with Chuck Yates and Alex Underwood, the visionary CEO of Empire Energy Group Limited, as they explore why Australia might hold the future of shale gas.

Discover how Alex's rich family history in mining, from Burma to Papua New Guinea, influenced his career trajectory, leading him to become a key player in Australia's emerging shale gas industry. This episode offers unique insights into the Australian mining and oil and gas sectors, detailing how Empire Energy is leveraging innovative strategies to tap into the vast potential of the Beetaloo Basin.

Alex Underwood shares his journey from finance major and law student to becoming an entrepreneurial leader in the oil and gas sector, highlighting key industry insights and future trends. Tune in to understand the broader implications of shale gas exploration and how it could reshape energy markets globally.

Alex Underwood is the CEO of Empire Energy Group Limited, a leading player in the Australian shale gas industry. With a rich heritage in mining and extensive experience in finance and petroleum, Alex brings a unique perspective to the energy sector. His leadership is set to propel Empire Energy as a significant contributor to the global energy landscape.

00:00 - Intro01:40 - How did you get into the oil and gas industry11:20 - What do we know about the Beetaloo Basin12:40 - What’s the plan for the next well18:30 - What’s the market cap of this company22:34 - What’s the economics of this gas play26:50 - Energy demand31:16 - Data centers32:08 - Nuclear energy34:50 - Natural gas40:25 - Energy industry messaging43:50 - Pulling out of the GFC46:10 - What is cricket

https://podcasts.apple.com/us/podcast/chuck-yates-needs-a-job/id1536448009?i=1000662485922

Https://x.com/nimblephatty/status/1813557904961609937

Gone to NT for me:

'Attention

We have been unable to obtain a live quote at this time.

You can continue with your order at market best and one of our dealers will attempt to manually execute your order, or you can amend your instruction and submit a limit order.'

3.7M AT 1.4528

Lookin' buoyant